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The Latin America waterproofing market stood at a value of USD 2.40 Billion in 2023. The market is further expected to grow at a CAGR of 5.30% in the forecast period of 2024-2032, to reach a value of USD 3.82 Billion in 2032.
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The Latin American region is led by countries like Brazil, Colombia, Venezuela, and Argentina due to the rising urbanisation and increasing disposable income among the middle class. The Latin America waterproofing market revenue in these countries is increased by the growing government expenditures on infrastructure ventures. Brazil, in particular, is an important region and leads in the demand for waterproofing membranes. With the waterproofing products subject to various innovations in the region, the Brazilian market is expected to continue growing in the forecast period of 2024-2032.
Latin America Waterproofing Market Size
Latin America Waterproofing Market Growth
Latin America Waterproofing Market Trends
Latin America Waterproofing Market Analysis
Latin America Waterproofing Companies
Latin America Waterproofing Market Regional Analysis
*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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In 2023, the Latin America waterproofing market attained a value of nearly USD 2.40 Billion.
In the forecast period of 2024-2032, the market is projected to grow at a CAGR of 5.30%.
The major drivers of the industry include rising disposable incomes, increasing population, and rising construction industry.
The rising government expenditures on infrastructure ventures is likely to be a key trend guiding the growth of the industry.
Brazil, Argentina, Mexico, Colombia, and Chile are the leading regions in the market, with Brazil accounting for the largest market share.
Liquid membrane, cementitious membrane, bituminous membrane, and thermoplastic membrane (PVC, others) are the leading types in the market.
The roofing and walls sector accounts for the largest market share, among other application segments in the industry.
The leading players in the Latin America waterproofing market are Mapei S.p.A., Soprema Inc., Danosa, Sika AG, Saint-Gobain, Fosroc, Inc., Carlisle Coatings & Waterproofing, MBCC Group, and RPM International Inc., among others.
The market is estimated to reach a value of about USD 3.82 Billion by 2032.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124