How the Building Waterproof Repair Market Will Grow: Key Trends, Market Size, and Opportunities Beyond 2025
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
Which Primary Drivers Are Supporting the Continued Market Growth of theBuilding Waterproof Repair Market?
The expansion of residential and commercial structures is projected to fuel the building waterproof repair industry’s growth. The terms “residential and commercial developments” pertain to the construction and enhancement of housing units and businesses that cater to the needs of individuals, households, and corporations within a society. Such developments are being propelled by several factors including population increase, urbanization, growing demand for residences and commercial spaces, economic progress, and the requirement for updated infrastructure to adapt with shifting lifestyles and business requisites. Waterproofing repairs for structures are crucial in such developments to avert water penetration, which could result in structural weakening, mold proliferation, and decay of building materials. This, in turn, preserves the structure’s durability, safety, and lifespan. For example, in November 2023, the Office for National Statistics, a UK government agency, reported a 15.8% increase in the value of new construction work in Great Britain to an unprecedented $173,100 million (£132,989 million) during 2022. This rise is attributed to the augmentation in private sector work valued at $18,343 million (£14,093 million) and public sector work amounting to $5294 million (£4,068 million). As such, the escalating residential and commercial developments are stimulating the expansion of the building waterproof repair market.
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How Will the Growth Rate of theBuilding Waterproof Repair Market Impact Industry Trends by 2034?
The market size of building waterproof repair has seen significant expansion in the past few years. It is anticipated to surge from $20.65 billion in 2024 to $22.1 billion in 2025, experiencing a compound annual growth rate (CAGR) of 7.0%. The progressive growth during the historical period is most likely a result of the increased need for durable building materials, expansion of the construction industry, the rise in governmental regulatory measures, the mounting expenditure on preventive maintenance, and an increase in insurance claims.
In the coming years, the market size for building waterproof repairs is predicted to experience robust expansion, reaching a value of $28.7 billion in 2029 with a compound annual growth rate (CAGR) of 6.8%. Factors contributing to this progress during the forecast period include escalating urbanization, expansion of residential and commercial structures, and a rising population’s augmented need for housing. Additionally, the emphasis on affordable waterproofing solutions along with enhanced education and training programs, will also fuel growth. Within the forecast period, prevailing trends will entail technological progression, pioneering technologies, nature-friendly options, incorporation of smart building, and diagnostic tools.
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How Are Consumer Market Innovations Shaping the Current and Future Landscape of theBuilding Waterproof Repair Market?
Major firms in the building waterproof repair sector are channeling their efforts on manufacturing highly innovative products like roof waterproofing commodities to thwart water infiltration effectively. These products are made of materials and coatings fashioned to form an impervious enclosure on roofs to cease water infiltration, consequently protecting the architecture from potential leaks and water impairment. To illustrate, Fosroc, a construction company based in UAE unveiled the Polyurea WH 100 in June 2023. This roof waterproofing commodity is remarkable for its hand-executed application, making it highly beneficial for flat roof fittings where detailed work is tricky, and spray devices might be inaccessible. Its uninterrupted finish amalgamated with the cutting-edge functionality of polyurea technology guarantees hard-wearing waterproofing. The swift return-to-service timeframes allow ensuing trades to carry on with negligible interruption, potentially reducing construction durations. This novel grade boosts Fosroc’s Polyurea suite, catering to a wide range of market sector waterproofing requirements.
Who Are the Key Market Players Influencing the Growth of the Corn and Building Waterproof Repair Industry?
Major companies operating in the building waterproof repair market are BASF SE, Compagnie de Saint-Gobain S.A., Sika AG, RPM International Inc., Carlisle Companies Inc., Mapei S.p.A, Oriental Yuhong Waterproof Technology Co. Ltd., Soprema Group, Johns Manville, Dongfang Yuhong Building Materials Group Co. Ltd., GAF Materials LLC, W.R. Grace & Co., Pidilite Industries Ltd, Keshun Construction Materials Co. Ltd., Ardex Group, Hongxing Dongsheng Construction Materials Co. Ltd., Tremco Incorporated, Qinglong Construction Materials Co. Ltd., Shiji Hongyu Construction Materials Co. Ltd., Fosroc International Ltd, Choksey Chemicals Pvt. Ltd., Unique Stone Studio Inc.
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Which Key Market Segments Comprise the Building Waterproof Repair Market and Drive Its Revenue Growth?
The building waterproof repair market covered in this report is segmented –
1) By Type: Construction Waterproof, Material Waterproof, Building Waterproof Repair
2) By Construction: New Construction, Refurbishment
3) By Application: Residential, Hotel, School, Office Building, Shopping Mall, Other Applications
Subsegments:
1) By Construction Waterproof: Foundation Waterproofing, Roof Waterproofing, Basement Waterproofing, Below-Grade Waterproofing
2) By Material Waterproof: Liquid Waterproofing Membranes, Sheet Waterproofing Membranes, Cementitious Waterproofing
3) By Building Waterproof Repair: Crack Injection Repair, Surface Treatment Repair, Drainage System Repair, Joint Repair Systems
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Which Regions Are Emerging as Leaders in the Building Waterproof Repair Market?
Asia-Pacific was the largest region in the building waterproof repair market in 2024 and it is expected to be the fastest-growing region in the forecast period. The regions covered in the building waterproof repair market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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