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Wetroom Waterproofing Solutions Market Expected to Reach USD 9.9 Billion by 2032 | Growing at a CAGR of 5.80%

Market Research Future (MRFR) has published on the “Global Wetroom Waterproofing Solutions Market”.

Market Research Future (MRFR) has published a cooked research report on the “Global Wetroom Waterproofing Solutions Market” that contains information from 2019 to 2032. The Wetroom Waterproofing Solutions Market is estimated to register a CAGR of 5.80% during the forecast period of 2024 to 2032.


MRFR recognizes the following companies as the key players in the global Wetroom Waterproofing Solutions Market—Sika AG (Switzerland), BASF SE (Germany), Pidilite Industries Ltd. (India), The Dow Chemical Company (US), Mapei Corporation (Italy), Knauf Gypsum Pty Ltd. (Australia), Henry Company (US), Henkel Polybit (Germany), Laticrete International Inc. (US), Kemper System America, Inc (US), Noble Company (US), Schluter Systems (Germany), Wedi (Germany).


Wetroom Waterproofing Solutions Market Highlights


The global Wetroom Waterproofing Solutions Market is accounted to register a CAGR of 5.80% during the forecast period and is estimated to reach USD 9.9 billion by 2032.


The wetroom waterproofing market is primarily driven by the need for durable, moisture-resistant systems in new buildings and renovations. With increased growth comes the need for effective waterproofing in damp spaces like bathrooms and swimming pools, particularly in urban areas. Wetroom waterproofing solutions market growth is impeded by building laws and approval problems, which create obstacles to compliance. Regional differences in rules necessitate strict adherence, which extends project deadlines and raises costs.


Segment Analysis


The global Wetroom Waterproofing Solutions Market has been segmented based on Raw Material, Type, Uses and Application.


On the basis of Raw Material, the market is segmented into Polyurethane, PVC, Polyurea, Acrylic, ABS, Polystyrene, Polyethylene/CPE, and Others. The acrylic segment was attributed to holding the largest market share in 2023. This is a result of its well-balanced attributes, which suit a variety of wetroom uses.


Based on Type, the global Wetroom Waterproofing Solutions Market has been segmented into Fabric/Fleece Backed Sheet Membrane, Pre-Waterproofed Substrates, Shower Pan Liner, PVC, CPE, Liquid Applied Waterproofing, Air Cured, Chemical Curing, Hot Mops and Others. The Pre-Waterproofed Substrates segment was expected to hold the largest market share in 2023. This is because they are efficient in expediting the construction process and ensuring a consistent caliber of work.


Based on Uses, the global Wetroom Waterproofing Solutions Market has been segmented into New Constructions and Refurbishments. The Refurbishments segment was expected to hold the largest market share in 2023. This is because restoring existing structures is becoming increasingly important.


Based on Application, the global Wetroom Waterproofing Solutions Market has been segmented into Residential, Commercial and Others. The Commercial segment was expected to hold the largest market share in 2023. This is a result of congested public locations having a greater need for durable waterproofing materials.


Regional Analysis


The global Wetroom Waterproofing Solutions Market, based on region, has been divided into North America, Europe, Asia-Pacific, and Rest of the World. North America consists of the US and Canada. The Europe Wetroom Waterproofing Solutions Market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Wetroom Waterproofing Solutions Market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Wetroom Waterproofing Solutions Market comprises the Middle East, Africa, and Latin America.


The largest market share for the Wetroom Waterproofing Solutions Market was maintained by the North American regional sector. Wetroom installations are becoming more and more in demand in North America due in large part to the increasing movement toward opulent, sophisticated bathroom designs that incorporate wetrooms. Developers of commercial real estate and homeowners alike want stylish, roomy, and well-functioning restrooms. Wetrooms maximize space use by offering an airy and beautiful atmosphere. Waterproofing moist places is quite important according to tight construction codes. Following these guidelines ensures structural integrity over the long term.


Moreover, the Europe market has been persistently growing over the forecast period. The demand for the Wetroom Waterproofing Solutions Market is driven by rising Europe, which is home to many nations that are making significant investments in the construction of commercial buildings, lodging facilities, and transit networks. Bathrooms and wetrooms are frequently incorporated into these expansive buildings.


Additionally, building activity is increasing, and many Asia-Pacific countries are rapidly becoming more urbanized due to factors like population growth, urban migration, and infrastructure development. Wetroom waterproofing products thus grow more and more important to protect recently built structures, especially in confined urban settings. The industry's technological feasibility, increased investor interest, and government assistance are all driving forces behind market expansion.


Furthermore, the rest of the world's Wetroom Waterproofing Solutions Market is divided into the Middle East, Africa, and Latin America. This growth is attributed to effective waterproofing in wet places like bathrooms and pools, which are becoming increasingly important as development grows. Government support, a rise in investor interest, and the viability of the technology in the sector are all contributing factors to the market expansion.


Key Findings of the Study



  • The global Wetroom Waterproofing Solutions Market is expected to reach USD 9.9 billion by 2032, at a CAGR of 5.80% during the forecast period.

  • The Asia-Pacific region accounted for the fastest-growing global market due to the growing need for wetroom waterproofing solutions to safeguard recently built structures, especially in cities where space is limited.

  • Based on application, the commercial segment was expected to hold the largest market share in 2023.

  • Sika AG (Switzerland), BASF SE (Germany), Pidilite Industries Ltd. (India), The Dow Chemical Company (US), Mapei Corporation (Italy), Knauf Gypsum Pty Ltd. (Australia), Henry Company (US), Henkel Polybit (Germany), Laticrete International Inc. (US), Kemper System America, Inc (US), Noble Company (US), Schluter Systems (Germany), and Wedi (Germany) are the key market players.


Browse In-depth Details [Table of Content, List of Figures, List of Tables] of Wetroom Waterproofing Solutions Market

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Pages 128
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