Liquid Applied Membrane Market Research Report By Product Type (Siloxane-Based Liquid Applied Membranes, Acrylic-Based Liquid Applied Membranes, Polyurethane-Based Liquid Applied Membranes, Hybrid Liquid Applied Membranes), By Application (Roofing, Underground Structures, Tunnels and Bridges, Swimming Pools and Water Features), By Substrate (Concrete, Metal, Wood, Others) and By Regional (North America, Europe, South America, Asia Pacific, Middle East and Africa) - Forecast to 2032.

Global Liquid Applied Membrane Market Overview

The Liquid Applied Membrane Market Size was estimated at 2.0 (USD Billion) in 2022. The Liquid Applied Membrane Industry is expected to grow from 2.1 (USD Billion) in 2023 to 3.4 (USD Billion) by 2032. The Liquid Applied Membrane Market CAGR (growth rate) is expected to be around 5.48% during the forecast period (2024 - 2032).

Key Liquid Applied Membrane Market Trends Highlighted

Key market drivers for liquid applied membranes include the increasing demand for waterproofing solutions in construction industries, growing awareness about sustainable construction practices to reduce environmental impact, and rising infrastructure development in emerging economies. Opportunities lie in exploring advanced technologies like self-healing membranes, expanding into niche applications such as roofing and bridge decks, and targeting emerging markets with rapid urbanization. Recent trends in the liquid applied membrane market include the development of environmentally friendly membranes with low VOC emissions, the adoption of advanced application techniques like spray and roller application, and the integration of sensors for real-time monitoring of membrane performance.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Liquid Applied Membrane Market Drivers

Increasing demand for waterproofing solutions in construction industry

The construction industry is one of the main end-use industries for liquid applied membranes. Liquid Applied membrane is a low viscosity waterproofing material, which is applied to the substrate in the liquid form, and offers permanent flexibility and crack resistance. One of the major driving factors for the growth of the Liquid Applied Membrane Market Industry is the increasing demand for waterproofing solutions in the construction industry. Liquid applied membranes are used in a number of construction applications, including roofing, waterproofing and flooring.The increasing demand for waterproofing solutions in the construction industry is due to a number of factors, such as the increasing number of construction projects, growing awareness about the need for waterproofing and increasing number of green building practices. The construction industry in developing countries is also growing, which is expected to fuel the demand for liquid applied membranes. For instance, the construction industry in China is expected to grow at a CAGR of 5.6% from 2023 to 2027.This is expected to drive the demand for liquid applied membranes in China.

Rising demand for liquid applied membranes in the automotive industry

Automotive Industry Liquid applied membranes are also employed in the automotive industry. They are used in a multitude of automotive applications, such as sealing, damping, and soundproofing. The increase in the demand for liquid applied membranes in the automotive industry is dependent upon the increase in vehicle production, the adoption of lightweight materials and the need for soundproofing solutions. Moreover, the growth of the automotive industry in developing countries also offers lucrative opportunities to the liquid applied membrane market.For instance, the automotive industry in India is expected to expand at a CAGR of 9.5% during the period 2023–2027. This growth is likely to increase the demand for liquid applied membranes in India.

Growing adoption of liquid applied membranes in the packaging industry

The packaging industry is a significant application area for liquid applied membranes. Liquid applied membranes are used in a variety of packaging solutions, including sealing, coating, and laminating. The packaging industry’s increasing demand for liquid applied membranes is mainly attributed to the growing demand for flexible packaging. Additionally, the rising prominence of product safety as a critical component of packaging and the growing awareness regarding sustainable packaging are fostering the demand for liquid applied membranes.Moreover, the escalating development of the packaging industry, particularly in emerging nations, is likely to drive the demand for liquid applied membranes. For instance, the packaging industry in China is slated to grow at a CAGR of 4.5% between 2023 and 2027, propelling the firm demand for liquid applied membranes.

Liquid Applied Membrane Market Segment Insights

Liquid Applied Membrane Market Product Type Insights

The  Liquid Applied Membrane Market is segmented by product type into Siloxane-Based Liquid Applied Membranes, Acrylic-Based Liquid Applied Membranes, Polyurethane-Based Liquid Applied Membranes, and Hybrid Liquid Applied Membranes. Siloxane-Based Liquid Applied Membranes held the largest market share in 2023 and will continue to dominate the market for the entire estimated period due to their high weatherability, UV, and chemical resistance. Acrylic-Based Liquid Applied Membranes will see the highest growth rate during the projection period due to their low cost, ease of installation, and versatility.Polyurethane-Based Liquid Applied Membranes are known for their high strength, durability and resistance to abrasion, oils, and solvents, making them ideal for industrial applications. Hybrid Liquid Applied Membranes are based on a combination of properties of different types of polymers to achieve the desired properties of the membrane. The  Liquid Applied Membrane Market revenue was valued at 2.1 USD billion in 2023 and is expected to be 3.4 USD billion by 2032 with a CAGR of 5.48. Market growth is driven by increased demand for these relatively new types of membranes for construction, roofing, and wet areas.They have spread rapidly around the world as they are easier to apply, capable of achieving seamless coverage, and are more durable to different load types than traditional mechanical insulation. Key manufacturers are developing new types of membranes as well as more durable and environmentally friendly products. They are working on the creation of weather-resistant membranes, increased chemical and mechanical resistance and recycled material membranes.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Liquid Applied Membrane Market Application Insights

The  Liquid Applied Membrane Market is segmented into various applications, including Roofing, Underground Structures, Tunnels and Bridges, Swimming Pools and Water Features. Among these, Roofing captured the largest market share in 2023, accounting for nearly 47%. The growth of this segment is driven by the increasing demand for liquid applied membranes in residential and commercial roofing applications, owing to their cost-effectiveness, durability, and ease of application. Underground Structures is another significant application segment, anticipated to expand at a CAGR of 6.3% during the forecast period.The rising infrastructure development and the need for waterproofing solutions in underground structures, such as basements, tunnels, and parking garages, contribute to the growth of this segment. Tunnels and Bridges, Swimming Pools and Water Features are other notable application segments, with increasing demand for waterproofing and protective coatings in these areas.

Liquid Applied Membrane Market Substrate Insights

Substrate Segment Insight and Overview The  liquid applied membrane market is segmented based on substrate into concrete, metal, wood, and others. Among these, the concrete substrate segment held the largest market share in 2023 and is expected to continue its dominance throughout the forecast period. The growth of this segment can be attributed to the widespread use of concrete in construction applications, particularly in commercial and industrial buildings. Concrete structures require protection from moisture, chemicals, and other environmental factors, making liquid applied membranes an ideal solution.The metal substrate segment is projected to witness significant growth during the forecast period. The increasing use of metal in roofing, cladding, and other construction applications is driving the demand for liquid applied membranes. Metal substrates are prone to corrosion and require protective coatings to extend their lifespan. Liquid applied membranes offer excellent corrosion resistance and can effectively protect metal surfaces from harsh environmental conditions. The wood substrate segment is expected to grow steadily over the forecast period.Wood is commonly used in residential and commercial construction, and liquid applied membranes are increasingly being adopted to protect wood surfaces from moisture, rot, and insects. The growing awareness of the benefits of liquid applied membranes is contributing to the growth of this segment. The others substrate segment includes other materials such as plastic, glass, and composites. This segment is expected to witness moderate growth during the forecast period. Liquid applied membranes are used on various surfaces in specialized applications, such as waterproofing of pools and tanks.The growth of the  liquid applied membrane market is driven by increasing construction activities, rising awareness of waterproofing and protection needs, and advancements in membrane technology. The market is expected to expand at a steady pace in the coming years, with concrete, metal, and wood substrates remaining key segments contributing to market growth.

Liquid Applied Membrane Market Regional Insights

The  Liquid Applied Membrane Market is segmented into North America, Europe, APAC, South America, and MEA. North America is the largest regional segment, followed by Europe and APAC. The growth of the North American market is attributed to the increasing demand for liquid applied membranes in the construction industry, particularly in the commercial and industrial sectors. The European market is also expected to witness significant growth over the forecast period due to the rising awareness of energy efficiency and the need for sustainable building practices.The APAC market is expected to be the fastest-growing regional segment, driven by the rapid growth of the construction industry in the region. The South American and MEA markets are also expected to witness steady growth over the forecast period.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Liquid Applied Membrane Market Key Players And Competitive Insights

Major players in the Liquid Applied Membrane Market are actively implementing various growth strategies to gain the interest of customers in the Liquid Applied Membrane Market industry. Leading players in the Liquid Applied Membrane Market industry are focusing on offering customer-oriented, cost-effective, and efficient Liquid Applied Membrane Market. One of the strong factors driving Liquid Applied Membrane Market development includes the demand for greater durability as well as efficiency for the building industry. This, in turn, is leading to increased focus on research and development activities for Liquid Applied Membrane Market. The Liquid Applied Membrane Market is currently a highly fragmented market as there are several key players present, such as SIKA AG, GCP Applied Technologies, SOPREMA, Tremco, The Euclid Chemical Company, W. R. Grace Company, Carlisle Companies, Huntsman Corporation, BASF SE, Dow Chemical, RPM International, and Sherwin-Williams. These companies are continuously focused on increasing their investments in product development and marketing strategies to gain a competitive advantage in the Liquid Applied Membrane Market.Carlisle Companies Incorporated is amongst the leading manufacturers of roofing and building envelope products. The company offers a very comprehensive range of Liquid Applied Membrane Market products suitable for a wide range of applications. The liquid applied membranes from Carlisle Companies Incorporated are known for enhanced durability and weather resistance properties. Additionally, the products are also known for the convenience of application. The company has a major focus on expansion activities across the globe, with its significant presence in North America, Europe, and Asia. Furthermore, the company is primarily focused on bringing major advancements in innovation and sustainability to offer value to its customers.Huntsman Corporation is a  provider of chemical products, materials, and other specialized solutions. The company’s performance products segment includes a wide range of liquid applied membranes. The liquid applied membranes from Huntsman Corporation are suitable for a wide range of applications as these are used in applications like roofing, waterproofing, and tank lining. Huntsman Corporation has a prime focus on research and development activities that enable the company to deliver outstanding products with respect to performance and reliability. Similar to Carlisle Companies Incorporated, Huntsman Corporation also has a significant presence in its production units in North America, Europe, and Asia. The company is focused on determining in providing its customers with enhanced and innovative product solutions and is determined to bring back sustainability across all its products.

Key Companies in the Liquid Applied Membrane Market Include

• NP1


• Kemper System America


• Firestone Building Products


• Owens Corning


• MuleHide Products Co.


• Polyglass


• Sika


• OMG Roofing Products


• R. Meadows


• Tremco Roofing and Building Maintenance


• Siplast


• CertainTeed


• Carlisle Construction Materials


• Garland


• Johns Manville

Liquid Applied Membrane Market Industry Developments

The  liquid applied membrane market is projected to reach USD 3.4 billion by 2032, exhibiting a CAGR of 5.48% during the forecast period. Rising demand for waterproofing solutions in various construction applications, coupled with increasing infrastructure development in emerging economies, is driving market growth. Technological advancements and the introduction of innovative products, such as self-healing and reflective membranes, are further contributing to market expansion. Key industry participants are focusing on strategic collaborations and acquisitions to strengthen their market position and expand their product portfolio. Recent news developments include the acquisition of Tremco by RPM International Inc., and the launch of a new line of liquid applied membranes by Sika AG.

Liquid Applied Membrane Market Segmentation Insights

Liquid Applied Membrane Market Product Type Outlook

• Siloxane-Based Liquid Applied Membranes


• Acrylic-Based Liquid Applied Membranes


• Polyurethane-Based Liquid Applied Membranes


• Hybrid Liquid Applied Membranes

Liquid Applied Membrane Market Application Outlook

• Roofing


• Underground Structures


• Tunnels and Bridges


• Swimming Pools and Water Features

Liquid Applied Membrane Market Substrate Outlook

• Concrete


• Metal


• Wood


• Others

Liquid Applied Membrane Market Regional Outlook

• North America


• Europe


• South America


• Asia Pacific


• Middle East and Africa