EPDM Waterproofing Market Report

EPDM Waterproofing Market Report

EPDM Waterproofing Market Report
Report code - SR2671 Published On : Jul,2023 No. of Pages: 130
EPDM Waterproofing Market Size, Share, Trend, Forecast, Competitive Analysis, and Growth O See more...

Market Insights

EPDM membranes are versatile single-ply membranes suitable for a wide range of applications, including waterproofing basements, roofs/terraces, expansion joints, and facades. They offer a comprehensive waterproofing solutions for various parts of a building. EPDM waterproofing membranes outperform alternative options like bitumen membranes, crystalline products, admixtures, coatings, and torch-on membranes in terms of both technical performance and commercial viability. Their use as a substitute for torch-on membranes is particularly advantageous. EPDM waterproofing offers long-lasting protection, low maintenance requirements, and the ability to withstand extreme weather conditions, making it a popular choice in the construction industry.

The global EPDM Waterproofing Market is estimated to grow at a healthy CAGR of 5.3% during the forecast period to reach a value of US$ 1.1 billion in 2028. EPDM membranes exhibit exceptional resistance to UV radiation, ozone, and air pollutants, ensuring long-term durability. With a wide temperature range of -40°C to +160°C, they can withstand extreme weather conditions. These membranes have been extensively installed worldwide, covering millions of square meters on rooftops, with a proven service life exceeding 30 years. Notably, EPDM installation does not require torches or gas, making it a flame-free and heat-free process. Furthermore, EPDM is an environmentally friendly and recyclable system, further contributing to its sustainability.

Recent Market JVs and Acquisitions:

The market has recorded a fair number of M&A activities over the years. The concentration level differs among different regions/countries, with China being the most fragmented market with over 2,000 waterproofing manufacturers. There have been some notable acquisitions over the past few years, with the acquisition of Firestone Building Products by Holcim in 2022 being a major one. Firestone Building Products became Holcim's Building Envelope division, a key growth engine of its Solutions & Products business unit.

Segments' Analysis

Segmentations

List of Sub-Segments

Dominant and Fastest-Growing Segments

Application-Type Analysis

Roofing & Walls, Building Structures, Industrial, Water & Waste Water Management, Tunnels, and Others

Roofing & Walls are anticipated to maintain their dominance during the forecast period.

End-User -Type Analysis

Commercial, Residential, and Others

Commercial end-user segment to dominate the market during the study period.

Construction -Type Analysis

New Construction and Repair & Renovation

Repair & Renovation to dominate the market during the study period.

Regional Analysis

North America, Europe, Asia-Pacific, and The Rest of the World

Asia-Pacific is foreseen to hold its position as the largest market for the next five years, with the likelihood of experiencing the highest growth rate as well.

 

Application Type

The market is segmented into roofing & walls, building structures, industrial, water & wastewater management, tunnels, and others. The roofing & walls segment dominates the EPDM Waterproofing Market. EPDM waterproofing is highly favored for roofing due to its durability and flexibility. It forms a reliable barrier against water penetration, safeguarding the structure from leaks. EPDM roofing membranes have a long lifespan and can withstand various weather conditions.

Construction Type

The market is segmented into new construction and repair & renovation. The repair & renovation segment dominates the EPDM Waterproofing Market. EPDM waterproofing is an ideal choice for repairing and renovating existing roofs or structures. Its flexible and durable nature allows it to be installed over various substrates, including asphalt, concrete, or existing roofing materials. EPDM membranes can effectively seal and protect roofs from leaks, extending their lifespan and enhancing their performance. Additionally, EPDM's ease of installation and compatibility with different roofing systems make it a convenient option for repair and retrofit projects.

Regional Analysis

Asia-Pacific is expected to remain the largest market for EPDM waterproofing over the forecast period. In addition to that, the region is also likely to witness the highest growth in the coming years. This growth is driven by factors such as rapid urbanization, infrastructure development, and a thriving construction industry across the region. With an increasing emphasis on durable and reliable waterproofing solutions, EPDM membranes have gained significant adoption in various applications, including commercial buildings, residential complexes, industrial facilities, and infrastructure projects.

The EPDM Waterproofing Market is segmented into the following categories:

By Application Type

  • Roofing & Walls (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • Building Structures (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • Industrial (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • Water & Waste Water Management (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • Tunnels (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

By End-User Type

  • Commercial (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • Residential (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • Public Infrastructure (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

By Construction Type

  • New Construction (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • Repair & Renovation (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

By Region

  • North America (Country Analysis: The USA, Canada, and Mexico)
  • Europe (Country Analysis: Germany, France, The UK, Italy, and The Rest of Europe)
  • Asia-Pacific (Country Analysis: Japan, China, India, and The Rest of Asia-Pacific)
  • Rest of the World (Country Analysis: Latin America, The Middle East, and Others)

Key Players

The market is highly populated, with the presence of several local, regional, and global players. Most of the major players compete on some of the governing factors, including price, product offerings, regional presence, etc. The market is highly fragmented with hundreds of players competing at the regional and international level. Some of the key players catering to the EPDM Waterproofing Market are as follows:

  • Sika AG
  • Saint-Gobain
  • Carlisle Companies, Inc.
  • Mapei S.p.A.
  • Johns Manville
  • Holcim
  • Dow Inc.
  • Weifang Huayue Waterproof Material Co., Ltd.
  • Icopal Group
  • Verisco Roofing System

Research Methodology

This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s EPDM Waterproofing Market realities and future market possibilities for the forecast period. The report segments and analyzes the market in the most detailed manner to provide a panoramic view of the market.

The vital data/information provided in the report can play a crucial role for market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate growth strategies to expedite their growth process.

This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.

More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

  • Market structure: Overview, industry life cycle analysis, supply chain analysis.
  • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
  • Market trend and forecast analysis.
  • Market segment trend and forecast.
  • Competitive landscape and dynamics: Market share, Product portfolio, New Product Launches, etc.
  • COVID-19 impact and its recovery curve.
  • Attractive market segments and associated growth opportunities.
  • Emerging trends.
  • Strategic growth opportunities for the existing and new players.
  • Key success factors.

Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

  • Detailed profiling of additional market players (up to five players)
  • SWOT analysis of key players (up to five players)

Competitive Benchmarking

  • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com

Frequently Asked Questions (FAQ)

The EPDM Waterproofing Market is estimated to grow at a healthy CAGR of 5.3% over the next five years to reach a value of US$ 1.1 billion in 2028. EPDM is witnessing growing demand as a recyclable material with a low environmental impact, making it a preferred choice for eco-conscious builders and architects.

Sika AG, Holcim, Saint-Gobain, Carlisle Companies, Inc., Mapei S.p.A., Johns Manville, Dow Inc., Weifang Huayue Waterproof Material Co., Ltd., Icopal Group, and Verisco Roofing System are some of the key players in the market.

Asia-Pacific is likely to remain dominant in the EPDM Waterproofing Market during the forecast period, owing to rapid urbanization, infrastructure development, and the growing demand for durable and long-lasting roofing solutions. The region's diverse climate conditions and extreme weather patterns also highlight the need for reliable waterproofing materials like EPDM.

The roofing & walls segment is likely to maintain its dominance in the market in the next five years owing to the growing preference of EPDM waterproofing in roofing applications.

The repair & renovation segment dominates the EPDM Waterproofing Market. EPDM waterproofing is an ideal choice for repairing and renovating existing roofs or structures. Its flexible and durable nature allows it to be installed over various substrates, including asphalt, concrete, or existing roofing materials.