Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

El Salvador Waterproofing Market Size

The El Salvador waterproofing market size reached a value of nearly USD 12.52 million in 2023. The market is projected to grow at a CAGR of 7.0% between 2024 and 2032 and reach around USD 22.97 million by 2032.

 

Key Takeaways

  • In 2023, the El Salvador government invested USD 5.8 billion for the development of road infrastructure. The rising construction activities, including the development and expansion of roads and bridges, support the growth of the waterproofing market.
  • Sika AG, The Sherwin-Williams Company and Aditivos de El Salvador SA de CV are a few of the major companies in the market.
  • The rising demand for sustainability is fueling the adoption of eco-friendly waterproofing solutions.

 

El Salvador has a tropical climate comprising a wet and dry season. Changing weather and climatic conditions can cause cracks in building walls, leading to water leakage. Waterproofing systems help prevent such cracks and leakages on rooftops, walls, and floors, among others. Moreover, the demand for non-toxic and VOC-free waterproofing solutions is expected to rise in popularity owing to rising health and environmental concerns in the forecast period.

 

Some of the factors driving the El Salvador waterproofing market growth are the increasing construction activities and the growth in the tourism sector. Construction is vital to El Salvador's economy, accounting for over 12% of the GDP. Rising investment in private and public construction projects, including the expansion of roads and highways such as the Los Chorros Highway project in 2023, aids the market growth.

 

El Salvador Waterproofing Market Report Snapshots

El Salvador Waterproofing Market Size

El Salvador Waterproofing Market Trends

El Salvador Waterproofing Companies

 

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

In 2023, the market value was nearly USD 12.52 million.

The market is assessed to grow at a CAGR of 7.0% between 2024 and 2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach around USD 22.97 million by 2032.

The major drivers include government initiatives for housing for low-income households, the expanding construction sector, and government investments in infrastructure development.

The key trends include growing demand for energy-efficient waterproofing solutions and growth of the tourism sector.

The different types of waterproofing include liquid membrane, cementitious membrane/integral waterproofing, bituminous/asphalt membrane, thermoplastic membrane and epoxy.

The major applications of waterproofing include grey work, roofing, flooring, wet zones, and finishing and facades.

The major players in the market include Sika AG, The Sherwin-Williams Company, Aditivos de El Salvador SA de CV, Reflex SA de CV, Lanco Manufacturing Corp., Sur Química, SA, Köster Bauchemie AG, Schluter-Systems KG, Fester (Henkel Capital, SA de CV), and Mapei SPA, among others.

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