Waterproofing Membrane is a thin layered material used to prevent water from contacting another material that it is placed over. According to BlueQuark Research & Consulting, the global Waterproofing Membrane market is expected to witness a significant growth rate during the forecasted period. Factors like the increased use of Waterproofing Membrane in Construction Industry due to its desirable properties is expected to propel the future Waterproofing Membrane market. Further, the usage of Waterproofing Membrane in the Mining Sector due to its desirable properties like environmentaly friendly, non-corrosive etc., is estimated to drive the growth of the Global Waterproofing Membrane market. Moreover, the increasing demand for Waterproofing Membrane in the Water Management industry is expected to drive the global Waterproofing Membrane market. However, high fluctuation in the raw materials prices of Waterproofing Membrane is likely to obstruct the Global Waterproofing Membrane Market's growth. 

Waterproofing Membrane is used in roofs, walls, windows, pillars, sheets, columns, bridges, highways, mining, etc. 

The Primary use of Waterproofing Membrane is in the Construction Industry. The ongoing growth in the urbanization and construction industry, especially in the Asia-Pacific region, is likely to drive the consumption of waterproofing membranes, thereby driving the global Waterproofing Membrane market. Due to urbanization, there has been a rise in the number of construction projects, high-rise buildings, and other construction types. More than 50% of the global GDP is generated in cities, and urbanization can lead to sustainable growth if managed well by increasing productivity. According to the United Nations, as of 2020, 33 megacities in the world requires planned habitation for the rapidly growing urban population. Further, the concept of green building concept is picking up, and PVC waterproofing membranes being recyclable, less energy-intensive, thereby driving the global Waterproofing Membrane market. Moreover, BASF SE, a primary player in the Waterproofing Membrane market, reported sales amounted to EUR 59,149 million in 2020, on a level with 2019. These are the factors projected to drive the growth of the Global Waterproofing Membrane market.   

Some of the market's key players are BASF, Sika AG, Dow Company, Chryso, Carlisle, among others. 

The Asia-Pacific region is expected to be a market leader in the future as it is one of the fastest-growing markets for Waterproofing Membrane. Factors like increasing population, increase in growing income families, growing youth population, and demand in the domestic and regional markets have elevated the demand for Waterproofing Membrane in these regions, thereby driving the market in the Asia-Pacific region. The rate of urbanization in the Asia-Pacific region is around 1.5% per year, the world's highest. It is estimated that by the year 2030, over half of the population in the region will be urban. China and India are the primary consumers in Asia-Pacific Region, with China holding a large economic GDP. Further, factors like the rise of construction projects and renovation of old infrastructures in the emerging countries like India, China, South Korea etc., are estimated to drive the Waterproofing Membrane market. Further, besides building & construction, Waterproofing Membrane is used in other industries, like Mining Sector. Factors like these have made Asia-Pacific an essential scope for the global Waterproofing Membrane market.

In March 2020, Sika AG started new production facility for Waterproofing Membrane in Switzerland.

In Aug 2021, Tremco launched new self-healing Waterproofing Membrane.

Global Waterproofing Membrane Market report provides deep insight into the Industrial market's current and future state across various regions. The study comprehensively analyses the Waterproofing Membrane market by segmenting based by Raw Material (Modified Bitumen, PVC, TPO, EPDM, HDPE, LDPE), by Type (Cold Liquid Applied Membranes, Hot Liquid Applied Membranes, Fully Adhered Sheets, Loose Laid Sheets), by Application (Roofing & walls, Water & Waste Management, Building Structures, Tunnel Liners, Bridges & Highways). The report examines the market drivers and restraints and the impact of Covid-19 on the market growth in detail. The study covers and includes emerging market trends, developments, opportunities, and challenges in the industry. This report also covers extensively researched competitive landscape sections with prominent companies and profiles, including their market shares and projects.