Chinese Waterproofing Membrane Market Analysis | 2024-2030

Market Insights

The Chinese waterproofing membrane market size was USD 13.8 billion in 2024 and is likely to grow at a strong CAGR of 4.3% during 2024-2030 to reach USD 17.8 billion in 2030.

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Market Dynamics

Introduction

A protective layer known as a waterproofing membrane serves to block water from entering surfaces and causing damage. The construction industry uses this material to protect roofs and basements as well as tunnels and bathrooms. The market provides two primary waterproofing membrane options including sheet membranes sold as pre-formed rolls and liquid-applied membranes that form a seamless barrier following curing. The construction industry relies on bitumen, polyurethane, and acrylic materials for waterproofing membranes because these materials provide durability and flexibility with environmental resistance properties.

Market Drivers

The Chinese waterproofing membrane market is driven by rapid urbanization, rising construction expenditure, and government-led infrastructure projects. Increasing demand for residential, commercial, and industrial buildings—along with aging structures requiring renovation—has significantly boosted the need for reliable waterproofing solutions. Green building initiatives and stricter construction codes are encouraging the use of high-performance, eco-friendly membranes. Additionally, advancements in membrane technologies, such as self-adhesive and polymer-modified materials, are improving installation efficiency and durability, further fueling market growth.

Recent Market JVs and Acquisitions:

A considerable number of strategic alliances, including M&As, JVs, etc., have been performed over the past few years:

• In 2022, Sika partnered with Shenzhen Landun Holding Co., Ltd. to strengthen its presence in China, expanding market access, enhancing product offerings, and driving growth in sustainable construction solutions.
• In 2019, BASF and Oriental Yuhong deepened their collaboration to co-develop environmentally friendly waterproofing solutions for the Chinese construction market, advancing sustainable building practices in the region.

Segment Analysis

By Membrane Type

“Sheet membrane is expected to remain dominant, whereas liquid-applied membrane will be the faster-growing membrane of the market.”

The Chinese waterproofing membrane market is segmented into sheet membrane and liquid-applied membrane. Sheet membranes will continue to dominate the market, driven by their durability and widespread use in large-scale commercial projects. Meanwhile, liquid-applied membranes are gaining momentum and are favored for their flexibility in complex structures. Both segments are evolving with sustainability policies and the growing adoption of cool roofing solutions.

By Product Type

“Bitumen is expected to remain the dominant product in the market, whereas acrylic will be the fastest-growing product type during the forecast period.”

The market is segmented into bitumen, PVC, TPO, acrylic, polyurea, polyurethane, and other product types. Bitumen is inexpensive compared to synthetic polymers or high-tech alternatives and offers a good price-to-performance ratio. With its cost efficiency and durability, bitumen continues to lead the Chinese waterproofing market, maintaining its dominance in large-scale applications. Meanwhile, acrylic-based liquid-applied membranes are rapidly gaining traction due to their flexibility and ease of use, securing a growing foothold in the segment.

By Application Type

“Roofing is expected to hold its major share in the application type of the Chinese waterproofing membrane market.”

The market is segmented into roofing, foundation & below grade, water-retaining structures, infrastructure, and other application types. Sustained by rising urbanization and construction expenditure, roofing will continue as China’s leading and fastest-growing application, with demand surging for both new builds and ongoing maintenance projects. Roofing in high-rise structures demands durable waterproofing to handle water ingress, thermal movement, and wind stress. China's urban areas are expanding rapidly, with a significant push toward high-density residential and commercial buildings, which require reliable roofing systems.

By End-Use Type

“Residential end-use is expected to remain the dominant and fastest-growing end-use type in the market during the forecast period.”

The market is segmented into residential, commercial, industrial, and infrastructure. China’s residential segment is expected to maintain its market leadership, showcasing decent growth, while commercial developments gain momentum, fueled by infrastructure expansion and increasing demand for modern commercial spaces.

By Construction Type

“New construction, driven by urbanization and infrastructure expansion, remains strong, while renovation emerges as the faster-growing category in the Chinese waterproofing market.”

The market is segmented into new construction and renovation. New construction remains the primary growth driver in China, fueled by urban expansion and large-scale infrastructure projects. Meanwhile, the renovation category maintains steady demand, supported by aging infrastructure upgrades and the increasing adoption of sustainable building practices. 

Key Players

The market is highly fragmented, with over 500 players. Most of the major players compete in some of the governing factors, including price, service offerings, regional presence, etc. The following are the key players in the Chinese waterproofing membrane market. Some of the major players provide a complete range of services, including products.

Here is the list of the Top Players (Alphabetically arranged)

• Beixin Yuwang Waterproof Technology Group Co., Ltd.
• Hongyuan Waterproof Technology Group Co.,ltd
• Jiangsu Kailun Building Materials Co., Ltd.
• Keshun Waterproof Technology Co., Ltd.
• Liaoning Dayu Waterproof Technology Development Co., Ltd.
• Oriental Yuhong Waterproofing Technology
• Shanghai Sankeshu Waterproof Technology Co., Ltd.
• Shenzhen Blue Shield Waterproof Holding Co., Ltd.
• Shenzhen Joaboa Technology Co., Ltd
• Yu Zhong Qing Waterproof Technology Group Co., Ltd.

Note: The above list does not necessarily include all the top players in the market.

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Research Methodology

This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s Chinese waterproofing membrane market realities and future market possibilities for the forecast period of 2024 to 2030. After a continuous interest in our Chinese waterproofing membrane market report from the industry stakeholders, we have tried to further accentuate our research scope to the Chinese waterproofing membrane market to provide the most crystal-clear picture of the market. The report segments and analyses 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 the market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate the 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 1000 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 the 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 most comprehensively. The report structure has been kept so that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for 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, Service 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.

Market Segmentation

This report studies the market, covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities present in the market.

The Chinese waterproofing membrane market is segmented into the following categories.

By Product Type

• Bitumen
• PVC
• TPO
• Acrylic
• Polyurea
• Polyurethane
• Other Product Types

By Application Type

• Roofing
• Foundation & Below Grade
• Water-retaining structures
• Infrastructure
• Other Application Types

By End-Use Type

• Residential
• Non-residential
• Infrastructure

By Construction Type

• New Construction
• Renovation 

Report 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 three players)

• SWOT analysis of key players (up to three players)

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Service 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