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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
North America Waterproofing Market Size
The North America waterproofing market reached nearly USD 20.37 billion in 2023. The market is projected to grow at a CAGR of 4.80% between 2024 and 2032 to reach around USD 31.06 billion by 2032.
Key Takeaways
- Green roofs are gaining popularity across North America as awareness of climate change rises, which can reduce the need for air conditioning in buildings by around 75%.
- BASF SE, DuPont de Nemours, Inc., and Wacker Chemie AG are a few of the major companies in the market.
- With rising innovation in waterproofing technologies, companies are exploring areas like nanotechnology in waterproofing to enhance the structural integrity of buildings.
To prevent moisture buildup and ensure that water cannot enter through surfaces like floors, walls, and ceilings, waterproofing materials are applied. The extreme cold weather in North America creates opportunities for waterproofing solutions.
One of the major factors driving the North America waterproofing market growth is the growing construction activities in the USA and Canada. Growing demand for urban centres and high urbanisation fuel construction activities in the region. Consequently, it increases the demand for waterproofing to safeguard buildings from extreme climatic conditions. Additionally, a rise in immigration and a growing working population in Canada aid the demand for residential and commercial construction.
North America Waterproofing Market Report Snapshots
North America Waterproofing Market Size
North America Waterproofing Market Trends
North America Waterproofing Market Regional Analysis
North America 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 approximately USD 20.37 billion.
The market is projected to grow at a CAGR of 4.80% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach around USD 31.06 billion by 2032.
The market drivers include growing construction activities, government investment in infrastructure development, and innovations in waterproofing technologies.
The key trends include demand for sustainable waterproofing solutions for green building initiatives and increasing repair and renovation activities.
The different types of waterproofing include liquid membrane, cementitious membrane, bituminous membrane, and thermoplastic membrane (PVC, Others).
The major applications of waterproofing include roofs and balconies, parking deck, tunnel liners, and bridges and highways, among others.
The major players in the market include BASF SE, GCP Applied Technologies Inc., DuPont de Nemours, Inc., Wacker Chemie AG, Sika AG, GAF Materials LLC, Arkema SA, Evonik Industries AG.
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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
+61-448-061-727
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.
+63-287-899-028, +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
+84-865-399-124