액체막 시장 기회, 성장 촉진요인, 산업 동향 분석 및 예측(2025-2034년)

The Global Liquid Membrane Market was valued at USD 6.1 billion in 2024 and is estimated to grow at a CAGR of 6.2% to reach USD 11 billion by 2034. Growth in the market is largely driven by rising infrastructure investments, evolving architectural requirements, and an increase in public-private partnership projects. Renovation and new construction projects are embracing liquid membranes due to their compliance with energy efficiency mandates and moisture protection codes across commercial, residential, and industrial structures. Emerging markets are seeing increased adoption because of the fast-curing nature, easy application, and extended lifespan of these materials compared to sheet membranes. Rapid urbanization, vertical construction trends, and a push for sustainable building certifications are also accelerating demand for polyurethane, acrylic, and cementitious formulations in this space.

Advanced liquid membranes offering long-term waterproofing performance and strong chemical resistance are seeing increased usage in challenging applications like podium decks, basements, and exposed roofs in regions with volatile climates. Modified polyurethane formulations are gaining attention for their superior elongation, UV resistance, and breathability while maintaining solid adhesion properties. Eco-friendly acrylic-based membranes with low VOC content are being widely adopted for use on low-slope roofs, balconies, and metal structures, due to their affordability and environmental compliance.

The polyurethane (PU) liquid membranes segment held the largest share in 2024, contributing 38.6% of total revenue and are expected to grow at over 6.8% CAGR through 2034. Their elasticity, durability under UV exposure, and compatibility with complex architectural designs have made them highly suitable for both commercial roofing and infrastructure projects. Their popularity is expanding across retrofitting works where high-performance waterproofing is required for extended lifespans in dense urban construction zones.

The roofing applications segment held 41.2% share in 2024 and is forecasted to grow at a CAGR of 5.6% through 2034. Growth in this segment is fueled by investments in commercial and residential building upgrades, particularly across urban regions in Europe and North America. Liquid membranes continue to be favored for roofing due to their ease of application, resistance to UV rays, and superior crack-bridging capabilities. Rising installations of energy-saving roofs and solar-compatible designs are also supporting demand across the roofing segment.

United States Liquid Membrane Market held 82% share contributing USD 1.8 billion in 2024. The country's dominance stems from its well-established construction landscape and growing investments in waterproofing and energy-efficient building envelopes. Robust federal spending on environmental and water infrastructure, which topped USD 122 billion, further underscores the role of liquid membranes in public infrastructure development and building recovery efforts across the nation.

Top companies shaping the Global Liquid Membrane Market include BASF SE, Sika AG, Soprema Group, Tremco Incorporated, and Carlisle Companies Inc. To strengthen their presence in the liquid membrane market, leading companies are deploying several strategic initiatives. These include expanding product lines to meet specific climate and application needs, investing heavily in R&D for advanced formulations with higher elasticity, UV protection, and eco-compliance. Partnerships with infrastructure developers, contractors, and architects are enabling customized solutions for large-scale projects. Many players are also focusing on sustainability, developing low-VOC and recyclable products to align with green building standards. Regional expansion, especially in high-growth emerging markets, and the integration of smart application technologies are helping to drive broader market penetration and long-term customer loyalty.

Table of Contents

Chapter 1 Methodology & Scope

• 1.1 Market scope and definition
• 1.2 Research design
  • 1.2.1 Research approach
  • 1.2.2 Data collection methods
• 1.3 Data mining sources
  • 1.3.1 Global
  • 1.3.2 Regional/Country
• 1.4 Base estimates and calculations
  • 1.4.1 Base year calculation
  • 1.4.2 Key trends for market estimation
• 1.5 Primary research and validation
  • 1.5.1 Primary sources
• 1.6 Forecast model
• 1.7 Research assumptions and limitations

Chapter 2 Executive Summary

• 2.1 Industry 360° synopsis
• 2.2 Key market trends
  • 2.2.1 Regional
  • 2.2.2 Product type
  • 2.2.3 Application
  • 2.2.4 End use industry
  • 2.2.5 Technology
• 2.3 TAM Analysis, 2025-2034
• 2.4 CXO perspectives: Strategic imperatives
  • 2.4.1 Executive decision points
  • 2.4.2 Critical success factors
• 2.5 Future Outlook and strategic recommendations

Chapter 3 Industry Insights

• 3.1 Industry ecosystem analysis
  • 3.1.1 Supplier Landscape
  • 3.1.2 Profit Margin
  • 3.1.3 Value addition at each stage
  • 3.1.4 Factor affecting the value chain
  • 3.1.5 Disruptions
• 3.2 Industry impact forces
  • 3.2.1 Growth drivers
    • 3.2.1.1 Growing construction industry demand
    • 3.2.1.2 Infrastructure development and urbanization
    • 3.2.1.3 Increasing focus on building durability
  • 3.2.2 Industry pitfalls and challenges
    • 3.2.2.1 Raw material price volatility
    • 3.2.2.2 Technical application challenges
  • 3.2.3 Market opportunities
    • 3.2.3.1 Sustainable and bio-based solutions
    • 3.2.3.2 Smart membrane technologies
• 3.3 Growth potential analysis
• 3.4 Regulatory landscape
  • 3.4.1 North America
  • 3.4.2 Europe
  • 3.4.3 Asia Pacific
  • 3.4.4 Latin America
  • 3.4.5 Middle East & Africa
• 3.5 Porter's analysis
• 3.6 PESTEL analysis
  • 3.6.1 Technology and innovation landscape
  • 3.6.2 Current technological trends
  • 3.6.3 Emerging technologies
• 3.7 Price trends
  • 3.7.1 By region
  • 3.7.2 By product type
• 3.8 Future market trends
• 3.9 Technology and Innovation Landscape
  • 3.9.1 Current technological trends
  • 3.9.2 Emerging technologies
• 3.10 Patent Landscape
• 3.11 Trade statistics (HS code) (Note: the trade statistics will be provided for key countries only)
  • 3.11.1 Major importing countries
  • 3.11.2 Major exporting countries
• 3.12 Sustainability and environmental aspects
  • 3.12.1 Sustainable practices
  • 3.12.2 Waste reduction strategies
  • 3.12.3 Energy efficiency in production
  • 3.12.4 Eco-friendly initiatives
• 3.13 Carbon Footprint Considerations

Chapter 4 Competitive Landscape, 2024

• 4.1 Introduction
• 4.2 Company market share analysis
  • 4.2.1 By region
    • 4.2.1.1 North America
    • 4.2.1.2 Europe
    • 4.2.1.3 Asia Pacific
    • 4.2.1.4 LATAM
    • 4.2.1.5 MEA
• 4.3 Company matrix analysis
• 4.4 Competitive analysis of major market players
• 4.5 Competitive positioning matrix
• 4.6 Key developments
  • 4.6.1 Mergers & acquisitions
  • 4.6.2 Partnerships & collaborations
  • 4.6.3 New product launches
  • 4.6.4 Expansion plans

Chapter 5 Market Estimates and Forecast, By Product Type, 2021 - 2034 (USD Billion) (Kilo Tons)

• 5.1 Key trends
• 5.2 Polyurethane (PU) liquid membranes
  • 5.2.1 Single component PU systems
  • 5.2.2 Two-component PU systems
  • 5.2.3 Aromatic PU membranes
  • 5.2.4 Aliphatic PU membranes
  • 5.2.5 Bio-based PU membranes
• 5.3 Acrylic liquid membranes
  • 5.3.1 Water-based acrylic systems
  • 5.3.2 Solvent-based acrylic systems
  • 5.3.3 Pure acrylic membranes
  • 5.3.4 Modified acrylic membranes
• 5.4 Cementitious liquid membranes
  • 5.4.1 Flexible cementitious systems
  • 5.4.2 Rigid cementitious systems
  • 5.4.3 Polymer-modified cementitious
  • 5.4.4 Crystalline waterproofing systems
• 5.5 Hybrid and specialty membranes
  • 5.5.1 Polyurea systems
  • 5.5.2 Silicone-based membranes
  • 5.5.3 Bitumen-modified systems
  • 5.5.4 Other specialty formulations

Chapter 6 Market Estimates and Forecast, By Application, 2021 - 2034 (USD Billion) (Kilo Tons)

• 6.1 Key trends
• 6.2 Roofing applications
  • 6.2.1 Flat roof waterproofing
  • 6.2.2 Pitched roof applications
  • 6.2.3 Green roof systems
  • 6.2.4 Roof renovation and repair
• 6.3 Below-grade waterproofing
  • 6.3.1 Basement waterproofing
  • 6.3.2 Foundation waterproofing
  • 6.3.3 Underground structures
  • 6.3.4 Tunnel waterproofing
• 6.4 Above-grade applications
  • 6.4.1 Balcony and terrace waterproofing
  • 6.4.2 Bathroom and wet area waterproofing
  • 6.4.3 Facade and wall protection
  • 6.4.4 Swimming pool waterproofing
• 6.5 Infrastructure applications
  • 6.5.1 Bridge deck waterproofing
  • 6.5.2 Parking deck applications
  • 6.5.3 Water treatment facilities
  • 6.5.4 Industrial floor coatings
• 6.6 Specialty applications
  • 6.6.1 Marine and offshore structures
  • 6.6.2 Transportation infrastructure
  • 6.6.3 Agricultural applications
  • 6.6.4 Mining and heavy industry

Chapter 7 Market Estimates and Forecast, By End Use Industry, 2021 - 2034 (USD Billion) (Kilo Tons)

• 7.1 Key trends
• 7.2 Residential Construction
  • 7.2.1 New Residential Construction
  • 7.2.2 Residential Renovation and Repair
  • 7.2.3 Multi-family Housing
  • 7.2.4 Single-family Housing
• 7.3 Commercial Construction
  • 7.3.1 Office Buildings
  • 7.3.2 Retail and Shopping Centers
  • 7.3.3 Hospitality and Entertainment
  • 7.3.4 Healthcare Facilities
• 7.4 Industrial Construction
  • 7.4.1 Manufacturing Facilities
  • 7.4.2 Warehouses and Distribution Centers
  • 7.4.3 Chemical and Process Industries
  • 7.4.4 Food and Beverage Facilities
• 7.5 Infrastructure and Public Works
  • 7.5.1 Transportation Infrastructure
  • 7.5.2 Water and Wastewater Treatment
  • 7.5.3 Energy and Power Generation
  • 7.5.4 Government and Public Buildings

Chapter 8 Market Estimates and Forecast, By Technology, 2021 - 2034 (USD Billion) (Kilo Tons)

• 8.1 Key trends
• 8.2 Application Technology
  • 8.2.1 Cold Applied Systems
  • 8.2.2 Hot Applied Systems
  • 8.2.3 Spray Applied Systems
  • 8.2.4 Brush/Roller Applied Systems
• 8.3 Curing Technology
  • 8.3.1 Moisture Curing Systems
  • 8.3.2 Heat Curing Systems
  • 8.3.3 UV Curing Systems
  • 8.3.4 Chemical Curing Systems
• 8.4 Performance Technology
  • 8.4.1 Standard Performance Systems
  • 8.4.2 High-Performance Systems
  • 8.4.3 Specialty Performance Systems
  • 8.4.4 Smart and Responsive Systems

Chapter 9 Market Estimates and Forecast, By Region, 2021 - 2034 (USD Billion) (Kilo Tons)

• 9.1 Key trends
• 9.2 North America
  • 9.2.1 U.S.
  • 9.2.2 Canada
• 9.3 Europe
  • 9.3.1 Germany
  • 9.3.2 UK
  • 9.3.3 France
  • 9.3.4 Spain
  • 9.3.5 Italy
  • 9.3.6 Rest of Europe
• 9.4 Asia Pacific
  • 9.4.1 China
  • 9.4.2 India
  • 9.4.3 Japan
  • 9.4.4 Australia
  • 9.4.5 South Korea
  • 9.4.6 Rest of Asia Pacific
• 9.5 Latin America
  • 9.5.1 Brazil
  • 9.5.2 Mexico
  • 9.5.3 Argentina
  • 9.5.4 Rest of Latin America
• 9.6 Middle East and Africa
  • 9.6.1 Saudi Arabia
  • 9.6.2 South Africa
  • 9.6.3 UAE
  • 9.6.4 Rest of Middle East and Africa

Chapter 10 Company Profiles

• 10.1 Sika AG
• 10.2 BASF SE
• 10.3 Tremco Incorporated
• 10.4 Carlisle Companies Inc.
• 10.5 Soprema Group
• 10.6 GAF Materials Corporation
• 10.7 Johns Manville Corporation
• 10.8 Firestone Building Products
• 10.9 Dow Chemical Company
• 10.10 Huntsman Corporation
• 10.11 Pidilite Industries Limited (India)
• 10.12 Fosroc International Limited (UK)
• 10.13 MAPEI S.p.A. (Italy)