European Waterproofing Membrane Market Analysis | 2024-2030

Market Insights

The European waterproofing membrane market size was USD 4.6 billion in 2024 and is likely to grow at a strong CAGR of 4.1% during 2024-2030 to reach USD 5.8 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.

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 2024, Mapei strengthened its market presence by acquiring Bitumat, enhancing its waterproofing solutions, expanding distribution in key regions, and driving synergies in innovation, manufacturing, and sustainable construction materials.
• In 2023, Sika acquired MBCC Group. With a massive acquisition in the industry, the combined business will be a key accelerator in enabling both Sika’s and MBCC Group’s customers to drive sustainable transformation further and faster.
• In 2023, Soprema acquired Mida from TechnoNicol, reinforcing its European market presence, expanding its waterproofing solutions portfolio, and leveraging synergies in manufacturing, innovation, and sustainable construction materials.

Segment Analysis

By Membrane Type

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

The waterproofing membrane is segmented into sheet membrane and liquid-applied membrane. Sheet membranes will maintain their market dominance in Europe throughout the forecast period, driven by superior durability and strong demand in large-scale non-residential applications. In contrast, liquid-applied membranes are expanding at a faster pace, benefiting from their adaptability to complex structures. Market efficiency is improving as both segments align with evolving sustainability regulations and the increasing adoption of cool roofing technologies.

By Product Type

“Bitumen is expected to remain the dominant product type whereas polyurethane 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 remains the dominant material in sheet membranes across Europe, driven by its cost-effectiveness, proven performance, and widespread use in infrastructure and commercial projects. Also, due to its cost-effectiveness, proven long-term performance, and established use in infrastructure and commercial construction, bitumen remains the dominant material in sheet membranes across Europe. Meanwhile, polyurethane in liquid-applied membranes is gaining traction, supported by its versatility and strong adhesion properties, and is expected to capture a significant share within the segment.

By Application Type

“Roofing is expected to be the dominant application of the European waterproofing membrane market during the study period.”

The market is segmented into roofing, foundation & below grade, water-retaining structures, infrastructure, and other application types. Roofing will remain the dominant and fastest-growing application in the waterproofing membrane market due to the development of new building construction and the continuous need for roof maintenance and refurbishment. Also, the growing adoption of green roofs, solar panels, and energy-efficient buildings further increases the demand for roofing membranes.

By End-Use Type

“Non-residential category is expected to remain the dominant and fastest-growing end-use type of the market during the forecast period.”

The market is segmented into residential, non-residential, and public infrastructure. The non-residential category is projected to dominate and register the highest growth, driven by expanding commercial and industrial developments. The residential category will follow, supported by rising housing demand, renovation projects, and the growing adoption of energy-efficient roofing solutions.

By Construction Type

“Renovation is expected to be the fastest-growing construction type of the European waterproofing membrane, outpacing new construction, during the study period.”

The market is segmented into new construction and renovation. The renovation market will sustain steady demand, driven by an aging infrastructure and the growing emphasis on sustainable building practices. Additionally, new construction projects will further support market expansion, particularly in commercial and residential industries.

By Country-Level Insights

“France is expected to remain the most valuable market during the forecast year.”

France is the most valuable waterproofing membrane market in the European region, supported by renovation projects across residential and non-residential industries. The European region is expected to maintain its market share with its sustainability goals and rising residential demands.

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Key players

The market is highly fragmented, with over 200 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 European waterproofing membrane market. Some of the major players provide a complete range of services, including products.

Here is the list of the Top Players (Based on Dominance)

• Sika AG
• Saint-Gobain
• Soprema Group
• Mapei S.p.A.
• Standard Industries
• Paul Bauder GmbH & Co. KG    
• BMI Group (Standard Industries)
• Bayer AG  
• Isomat
• ALCHIMICA

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 European waterproofing membrane market realities and future market possibilities for the forecast period of 2024 to 2030. After a continuous interest in our European waterproofing membrane market report from the industry stakeholders, we have tried to further accentuate our research scope to the European 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 European 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
• Others

By End-Use Type

• Residential
• Commercial
• Industrial
• Public 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 3 players)
• SWOT analysis of key players (up to 3 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.