방수 멤브레인 시장 - 세계 산업 규모, 점유율, 동향, 기회, 예측 : 재료별, 유형별, 용도별, 지역별＆경쟁(2021-2031년)

The Global Waterproofing Membrane Market is projected to expand from USD 27.89 Billion in 2025 to USD 45.53 Billion by 2031, reflecting a CAGR of 8.51%. These membranes consist of specialized, watertight materials-such as modified bitumen, PVC, TPO, or EPDM-that are applied to structures to maintain integrity and prevent moisture intrusion. Key drivers of this growth include the rising need for durable infrastructure in developing nations and the shift toward energy-efficient roofing in commercial projects. Additionally, stringent building codes that mandate superior moisture protection across both residential and non-residential sectors continue to uphold long-term demand for these essential building envelope solutions.

Conversely, the market contends with significant obstacles arising from economic instability and oscillating raw material costs, which can suppress construction activities and lower shipment volumes. This contraction is reflected in recent industry metrics; according to the Asphalt Roofing Manufacturers Association, U.S. shipments of modified bitumen membranes fell to 8.73 million squares in the third quarter of 2025, a decline of approximately 27 percent from the prior year. Such downturns in core product segments underscore the market's vulnerability to broader economic pressures and fluctuating construction cycles.

Market Driver

Rising government expenditure on public infrastructure projects acts as a primary catalyst for the waterproofing membrane market. Nations globally are prioritizing the modernization and expansion of transportation networks, including tunnels, bridges, and highways, which demand high-performance waterproofing to withstand chemical attacks and structural degradation caused by water. This significant investment in civil engineering fuels consistent demand for polymer-based and bituminous membranes to protect concrete assets. The magnitude of this trend is highlighted by data from the National Bureau of Statistics of China, which reported in January 2025 that national infrastructure investment grew by 4.4 percent year-on-year in 2024, demonstrating the vital role of waterproofing in state-led urbanization efforts.

The growing demand for green roofing and energy-efficient systems is the second major force driving market expansion, particularly within the non-residential sector. Building owners are increasingly selecting vegetative roof systems and cool roofing membranes, such as TPO and PVC, to meet rigorous sustainability certifications and minimize thermal transfer. This transition toward high-performance building envelopes has positively impacted the financials of leading manufacturers. In February 2025, Carlisle Companies reported a 9.1 percent increase in annual net revenues to $5 billion, largely due to the adoption of energy-efficient products. Similarly, Holcim's Solutions & Products segment recorded net sales of CHF 5.9 billion for 2024, validating the profitability of this renovation-driven trend.

Market Challenge

The Global Waterproofing Membrane Market is substantially hindered by fluctuating raw material costs and economic volatility. These financial instabilities create an unpredictable climate for construction, prompting developers and contractors to postpone or cancel projects due to budgetary limitations. When the prices of critical inputs like energy, bitumen, and polymers rise unexpectedly, manufacturers are compelled to increase product prices, which subsequently reduces demand in cost-sensitive sectors. This uncertainty directly impacts the volume of materials procured for both renovation projects and new builds, leading to overall reduced market activity.

The negative impact of these economic pressures is clearly demonstrated in the performance of specific roofing categories. Data from the Asphalt Roofing Manufacturers Association indicates that in the third quarter of 2025, U.S. shipments of built-up roofing base, ply, and mineral cap sheets dropped to 854,240 squares, representing a 32.9 percent decrease compared to the previous year. This sharp decline in shipment volumes exemplifies how broader economic challenges and cost fluctuations translate into tangible contractions within the waterproofing membrane industry.

Market Trends

The increasing utilization of liquid-applied membranes for complex geometries is transforming the sector, particularly in urban renovation projects where traditional sheet membranes are less effective at intricate detailing. Contractors are gravitating toward fluid-based systems, such as polyurethane and PMMA, because they cure to form a seamless, monolithic barrier that eliminates the risk of joint failure around penetrations like HVAC units and skylights. This operational shift favors manufacturers with strong portfolios in fluid-applied technologies; for instance, RPM International's Construction Products Group reported a 6.3 percent increase in net sales in July 2025, driven by robust demand for their turnkey roofing and building maintenance systems.

Simultaneously, the industry is witnessing a decisive shift toward bio-based and low-VOC sustainable membrane formulations, driven by tightening environmental regulations regarding indoor air quality and chemical toxicity. Unlike the focus on energy efficiency, this trend targets the material's molecular composition, encouraging manufacturers to replace petrochemical solvents with plant-derived or water-based polymers to reduce hazardous emissions and embodied carbon. The commercial success of this green chemistry is evident in the financial growth of major players; Sika reported an 11.2 percent sales increase in the Americas region in February 2025, attributing the growth to the accelerated adoption of its high-performing and sustainable product innovations.

Key Market Players

• BASF SE
• Kemper System America, Inc.
• GAF Materials Corporation
• Paul Bauder GmbH & Co. KG
• CICO Technologies Ltd.
• Fosroc Ltd
• GAF Materials Corporation
• Alchimica Building Chemicals
• Isomat S.A.
• Bayer MaterialScience AG

Report Scope

In this report, the Global Waterproofing Membrane Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Waterproofing Membrane Market, By Material

• Modified Bitumen
• PVC
• TPO
• EPDM
• HDPE
• LDPE

Waterproofing Membrane Market, By Type

• Liquid-applied Membranes
• Sheet Based Membranes

Waterproofing Membrane Market, By Application

• Roofing & Walls
• Water & Waste Management
• Building Structures
• Tunnel Liners
• Bridges & Highways

Waterproofing Membrane Market, By Region

• North America
  • United States
  • Canada
  • Mexico
• Europe
  • France
  • United Kingdom
  • Italy
  • Germany
  • Spain
• Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
• South America
  • Brazil
  • Argentina
  • Colombia
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Waterproofing Membrane Market.

Available Customizations:

Global Waterproofing Membrane Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

Table of Contents

1. Product Overview

• 1.1. Market Definition
• 1.2. Scope of the Market
  • 1.2.1. Markets Covered
  • 1.2.2. Years Considered for Study
  • 1.2.3. Key Market Segmentations

2. Research Methodology

• 2.1. Objective of the Study
• 2.2. Baseline Methodology
• 2.3. Key Industry Partners
• 2.4. Major Association and Secondary Sources
• 2.5. Forecasting Methodology
• 2.6. Data Triangulation & Validation
• 2.7. Assumptions and Limitations

3. Executive Summary

• 3.1. Overview of the Market
• 3.2. Overview of Key Market Segmentations
• 3.3. Overview of Key Market Players
• 3.4. Overview of Key Regions/Countries
• 3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Global Waterproofing Membrane Market Outlook

• 5.1. Market Size & Forecast
  • 5.1.1. By Value
• 5.2. Market Share & Forecast
  • 5.2.1. By Material (Modified Bitumen, PVC, TPO, EPDM, HDPE, LDPE)
  • 5.2.2. By Type (Liquid-applied Membranes, Sheet Based Membranes)
  • 5.2.3. By Application (Roofing & Walls, Water & Waste Management, Building Structures, Tunnel Liners, Bridges & Highways)
  • 5.2.4. By Region
  • 5.2.5. By Company (2025)
• 5.3. Market Map

6. North America Waterproofing Membrane Market Outlook

• 6.1. Market Size & Forecast
  • 6.1.1. By Value
• 6.2. Market Share & Forecast
  • 6.2.1. By Material
  • 6.2.2. By Type
  • 6.2.3. By Application
  • 6.2.4. By Country
• 6.3. North America: Country Analysis
  • 6.3.1. United States Waterproofing Membrane Market Outlook
    • 6.3.1.1. Market Size & Forecast
      • 6.3.1.1.1. By Value
    • 6.3.1.2. Market Share & Forecast
      • 6.3.1.2.1. By Material
      • 6.3.1.2.2. By Type
      • 6.3.1.2.3. By Application
  • 6.3.2. Canada Waterproofing Membrane Market Outlook
    • 6.3.2.1. Market Size & Forecast
      • 6.3.2.1.1. By Value
    • 6.3.2.2. Market Share & Forecast
      • 6.3.2.2.1. By Material
      • 6.3.2.2.2. By Type
      • 6.3.2.2.3. By Application
  • 6.3.3. Mexico Waterproofing Membrane Market Outlook
    • 6.3.3.1. Market Size & Forecast
      • 6.3.3.1.1. By Value
    • 6.3.3.2. Market Share & Forecast
      • 6.3.3.2.1. By Material
      • 6.3.3.2.2. By Type
      • 6.3.3.2.3. By Application

7. Europe Waterproofing Membrane Market Outlook

• 7.1. Market Size & Forecast
  • 7.1.1. By Value
• 7.2. Market Share & Forecast
  • 7.2.1. By Material
  • 7.2.2. By Type
  • 7.2.3. By Application
  • 7.2.4. By Country
• 7.3. Europe: Country Analysis
  • 7.3.1. Germany Waterproofing Membrane Market Outlook
    • 7.3.1.1. Market Size & Forecast
      • 7.3.1.1.1. By Value
    • 7.3.1.2. Market Share & Forecast
      • 7.3.1.2.1. By Material
      • 7.3.1.2.2. By Type
      • 7.3.1.2.3. By Application
  • 7.3.2. France Waterproofing Membrane Market Outlook
    • 7.3.2.1. Market Size & Forecast
      • 7.3.2.1.1. By Value
    • 7.3.2.2. Market Share & Forecast
      • 7.3.2.2.1. By Material
      • 7.3.2.2.2. By Type
      • 7.3.2.2.3. By Application
  • 7.3.3. United Kingdom Waterproofing Membrane Market Outlook
    • 7.3.3.1. Market Size & Forecast
      • 7.3.3.1.1. By Value
    • 7.3.3.2. Market Share & Forecast
      • 7.3.3.2.1. By Material
      • 7.3.3.2.2. By Type
      • 7.3.3.2.3. By Application
  • 7.3.4. Italy Waterproofing Membrane Market Outlook
    • 7.3.4.1. Market Size & Forecast
      • 7.3.4.1.1. By Value
    • 7.3.4.2. Market Share & Forecast
      • 7.3.4.2.1. By Material
      • 7.3.4.2.2. By Type
      • 7.3.4.2.3. By Application
  • 7.3.5. Spain Waterproofing Membrane Market Outlook
    • 7.3.5.1. Market Size & Forecast
      • 7.3.5.1.1. By Value
    • 7.3.5.2. Market Share & Forecast
      • 7.3.5.2.1. By Material
      • 7.3.5.2.2. By Type
      • 7.3.5.2.3. By Application

8. Asia Pacific Waterproofing Membrane Market Outlook

• 8.1. Market Size & Forecast
  • 8.1.1. By Value
• 8.2. Market Share & Forecast
  • 8.2.1. By Material
  • 8.2.2. By Type
  • 8.2.3. By Application
  • 8.2.4. By Country
• 8.3. Asia Pacific: Country Analysis
  • 8.3.1. China Waterproofing Membrane Market Outlook
    • 8.3.1.1. Market Size & Forecast
      • 8.3.1.1.1. By Value
    • 8.3.1.2. Market Share & Forecast
      • 8.3.1.2.1. By Material
      • 8.3.1.2.2. By Type
      • 8.3.1.2.3. By Application
  • 8.3.2. India Waterproofing Membrane Market Outlook
    • 8.3.2.1. Market Size & Forecast
      • 8.3.2.1.1. By Value
    • 8.3.2.2. Market Share & Forecast
      • 8.3.2.2.1. By Material
      • 8.3.2.2.2. By Type
      • 8.3.2.2.3. By Application
  • 8.3.3. Japan Waterproofing Membrane Market Outlook
    • 8.3.3.1. Market Size & Forecast
      • 8.3.3.1.1. By Value
    • 8.3.3.2. Market Share & Forecast
      • 8.3.3.2.1. By Material
      • 8.3.3.2.2. By Type
      • 8.3.3.2.3. By Application
  • 8.3.4. South Korea Waterproofing Membrane Market Outlook
    • 8.3.4.1. Market Size & Forecast
      • 8.3.4.1.1. By Value
    • 8.3.4.2. Market Share & Forecast
      • 8.3.4.2.1. By Material
      • 8.3.4.2.2. By Type
      • 8.3.4.2.3. By Application
  • 8.3.5. Australia Waterproofing Membrane Market Outlook
    • 8.3.5.1. Market Size & Forecast
      • 8.3.5.1.1. By Value
    • 8.3.5.2. Market Share & Forecast
      • 8.3.5.2.1. By Material
      • 8.3.5.2.2. By Type
      • 8.3.5.2.3. By Application

9. Middle East & Africa Waterproofing Membrane Market Outlook

• 9.1. Market Size & Forecast
  • 9.1.1. By Value
• 9.2. Market Share & Forecast
  • 9.2.1. By Material
  • 9.2.2. By Type
  • 9.2.3. By Application
  • 9.2.4. By Country
• 9.3. Middle East & Africa: Country Analysis
  • 9.3.1. Saudi Arabia Waterproofing Membrane Market Outlook
    • 9.3.1.1. Market Size & Forecast
      • 9.3.1.1.1. By Value
    • 9.3.1.2. Market Share & Forecast
      • 9.3.1.2.1. By Material
      • 9.3.1.2.2. By Type
      • 9.3.1.2.3. By Application
  • 9.3.2. UAE Waterproofing Membrane Market Outlook
    • 9.3.2.1. Market Size & Forecast
      • 9.3.2.1.1. By Value
    • 9.3.2.2. Market Share & Forecast
      • 9.3.2.2.1. By Material
      • 9.3.2.2.2. By Type
      • 9.3.2.2.3. By Application
  • 9.3.3. South Africa Waterproofing Membrane Market Outlook
    • 9.3.3.1. Market Size & Forecast
      • 9.3.3.1.1. By Value
    • 9.3.3.2. Market Share & Forecast
      • 9.3.3.2.1. By Material
      • 9.3.3.2.2. By Type
      • 9.3.3.2.3. By Application

10. South America Waterproofing Membrane Market Outlook

• 10.1. Market Size & Forecast
  • 10.1.1. By Value
• 10.2. Market Share & Forecast
  • 10.2.1. By Material
  • 10.2.2. By Type
  • 10.2.3. By Application
  • 10.2.4. By Country
• 10.3. South America: Country Analysis
  • 10.3.1. Brazil Waterproofing Membrane Market Outlook
    • 10.3.1.1. Market Size & Forecast
      • 10.3.1.1.1. By Value
    • 10.3.1.2. Market Share & Forecast
      • 10.3.1.2.1. By Material
      • 10.3.1.2.2. By Type
      • 10.3.1.2.3. By Application
  • 10.3.2. Colombia Waterproofing Membrane Market Outlook
    • 10.3.2.1. Market Size & Forecast
      • 10.3.2.1.1. By Value
    • 10.3.2.2. Market Share & Forecast
      • 10.3.2.2.1. By Material
      • 10.3.2.2.2. By Type
      • 10.3.2.2.3. By Application
  • 10.3.3. Argentina Waterproofing Membrane Market Outlook
    • 10.3.3.1. Market Size & Forecast
      • 10.3.3.1.1. By Value
    • 10.3.3.2. Market Share & Forecast
      • 10.3.3.2.1. By Material
      • 10.3.3.2.2. By Type
      • 10.3.3.2.3. By Application

11. Market Dynamics

• 11.1. Drivers
• 11.2. Challenges

12. Market Trends & Developments

• 12.1. Merger & Acquisition (If Any)
• 12.2. Product Launches (If Any)
• 12.3. Recent Developments

13. Global Waterproofing Membrane Market: SWOT Analysis

14. Porter's Five Forces Analysis

• 14.1. Competition in the Industry
• 14.2. Potential of New Entrants
• 14.3. Power of Suppliers
• 14.4. Power of Customers
• 14.5. Threat of Substitute Products

15. Competitive Landscape

• 15.1. BASF SE
  • 15.1.1. Business Overview
  • 15.1.2. Products & Services
  • 15.1.3. Recent Developments
  • 15.1.4. Key Personnel
  • 15.1.5. SWOT Analysis
• 15.2. Kemper System America, Inc.
• 15.3. GAF Materials Corporation
• 15.4. Paul Bauder GmbH & Co. KG
• 15.5. CICO Technologies Ltd.
• 15.6. Fosroc Ltd
• 15.7. GAF Materials Corporation
• 15.8. Alchimica Building Chemicals
• 15.9. Isomat S.A.
• 15.10. Bayer MaterialScience AG

16. Strategic Recommendations

17. About Us & Disclaimer