Product Code: ETC352644 | Publication Date: Aug 2023 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The India waterproofing membranes market import shipment displayed a strong growth momentum with a CAGR of 11.7% from 2020 to 2024. The growth rate between 2023 and 2024 moderated slightly to 5.3%, indicating a stable expansion trend over the period.
India waterproofing membranes market was estimated at USD 612.7 million in 2025 and is anticipated to reach a value of USD 1,087.3 million, growing at a CAGR of 8.6%. The growth is driven by the rising demand from infrastructure development projects such as roads & bridges and expansion of residential housing units across India. Additionally, increasing concerns regarding water leakage has propelled the market demand for waterproofing membrane products in India with manufacturers focusing on product innovation to meet the specific requirements of customers in various sectors including construction and automotive industry.
The India waterproofing membranes market is experiencing growth due to several key drivers. One of the primary drivers is the increasing demand for waterproofing solutions in the construction industry. Waterproofing membranes are extensively used in roofing, basements, and foundations to prevent water ingress and ensure the longevity of structures. Additionally, the growing awareness about the importance of waterproofing in infrastructure projects has fueled market demand. With a focus on sustainable and durable construction practices, waterproofing membranes have gained prominence in various construction applications. Moreover, the government`s emphasis on affordable housing and smart city projects has driven the demand for waterproofing membranes. These projects require high-quality waterproofing solutions to ensure the integrity and durability of buildings and infrastructure.
The India waterproofing membranes market faces challenges related to the selection and application of appropriate membranes for different construction projects. The diversity of construction materials and designs requires careful consideration to ensure the suitability and effectiveness of waterproofing membranes. Additionally, price sensitivity in the construction industry can be a challenge for the market. High-quality waterproofing membranes may come with higher costs, and some builders or developers may opt for lower-cost alternatives, compromising the long-term waterproofing performance.
The India waterproofing membranes market faced challenges during the COVID-19 pandemic due to disruptions in construction activities and project delays. With lockdowns and restrictions affecting construction sites, the demand for waterproofing membranes in new projects declined temporarily. However, as construction activities resumed and infrastructure projects were prioritized, the demand for waterproofing membranes recovered. The market also witnessed a shift towards self-adhesive and easy-to-apply waterproofing membranes, which reduced the dependence on skilled labor during the pandemic.
Key players in the India waterproofing membranes market include Pidilite Industries Limited, BASF India Ltd., Sika India Pvt. Ltd., Fosroc India, and Dr. Fixit (Pidilite Industries). These companies are at the forefront of providing waterproofing solutions and membranes for construction and infrastructure projects, ensuring the durability and longevity of buildings and structures.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Waterproofing Membranes Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Waterproofing Membranes Market Revenues & Volume, 2021 & 2031F |
3.3 India Waterproofing Membranes Market - Industry Life Cycle |
3.4 India Waterproofing Membranes Market - Porter's Five Forces |
3.5 India Waterproofing Membranes Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 India Waterproofing Membranes Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 India Waterproofing Membranes Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
4 India Waterproofing Membranes Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing construction activities in India due to rapid urbanization and infrastructure development. |
4.2.2 Growing awareness about the importance of waterproofing in construction to prevent water damage and increase the lifespan of buildings. |
4.3 Market Restraints |
4.3.1 High initial installation costs of waterproofing membranes. |
4.3.2 Lack of skilled labor for proper installation and maintenance of waterproofing systems. |
5 India Waterproofing Membranes Market Trends |
6 India Waterproofing Membranes Market, By Types |
6.1 India Waterproofing Membranes Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 India Waterproofing Membranes Market Revenues & Volume, By Product, 2021-2031F |
6.1.3 India Waterproofing Membranes Market Revenues & Volume, By Polymers, 2021-2031F |
6.1.4 India Waterproofing Membranes Market Revenues & Volume, By Bitumen, 2021-2031F |
6.1.5 India Waterproofing Membranes Market Revenues & Volume, By Polymer modified cement, 2021-2031F |
6.1.6 India Waterproofing Membranes Market Revenues & Volume, By Others, 2021-2031F |
6.2 India Waterproofing Membranes Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Waterproofing Membranes Market Revenues & Volume, By Liquid Applied Membranes, 2021-2031F |
6.2.3 India Waterproofing Membranes Market Revenues & Volume, By Sheet Membranes, 2021-2031F |
6.3 India Waterproofing Membranes Market, By End-Use |
6.3.1 Overview and Analysis |
6.3.2 India Waterproofing Membranes Market Revenues & Volume, By Roofing, 2021-2031F |
6.3.3 India Waterproofing Membranes Market Revenues & Volume, By Walls, 2021-2031F |
6.3.4 India Waterproofing Membranes Market Revenues & Volume, By Building Structures, 2021-2031F |
6.3.5 India Waterproofing Membranes Market Revenues & Volume, By Landfills & tunnels, 2021-2031F |
6.3.6 India Waterproofing Membranes Market Revenues & Volume, By Others, 2021-2031F |
7 India Waterproofing Membranes Market Import-Export Trade Statistics |
7.1 India Waterproofing Membranes Market Export to Major Countries |
7.2 India Waterproofing Membranes Market Imports from Major Countries |
8 India Waterproofing Membranes Market Key Performance Indicators |
8.1 Number of new construction projects in India adopting waterproofing membranes. |
8.2 Percentage increase in the adoption of advanced waterproofing technologies in the construction industry. |
8.3 Average lifespan of buildings using waterproofing membranes compared to those without. |
9 India Waterproofing Membranes Market - Opportunity Assessment |
9.1 India Waterproofing Membranes Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 India Waterproofing Membranes Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 India Waterproofing Membranes Market Opportunity Assessment, By End-Use, 2021 & 2031F |
10 India Waterproofing Membranes Market - Competitive Landscape |
10.1 India Waterproofing Membranes Market Revenue Share, By Companies, 2024 |
10.2 India Waterproofing Membranes Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |