Australia And New Zealand Waterproofing Membranes Market: By Product Type (Polyvinyl Chloride (PVC), Bitumen, TPO & Polyurethane, Ethylene Propylene Diene Monomer (EPDM), and Others), Application (Building Structures, Tunnels & Landfills, Roofing & Walls, and Others), Type (Liquid Applied Membranes and Sheet Based Membranes), and Country (Australia & New Zealand) and Forecast to 2029

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Australia and New Zealand Waterproofing Membranes Market was valued at USD 933.5 million in 2022 and is expected to reach USD 1,447.8 million by 2029, growing at a CAGR of 1.9% from 2023 to 2029. The market is expanding as a result of the expansion of the building and construction sector, mining demand, and the water and waste management sector. Additionally, there will be numerous prospects for market expansion due to the increasing requirement for water management operations. Australia is a country of extremes with the highest of 40 °C in the central desert Countries and lows of 0 °C in the higher parts of the southeast. Thus, protecting high-rise & of residential buildings and public infrastructures enveloping is necessary. Awareness of this fact is increasing with the advancement of better availability of information regarding this. Thus, urban residential people and commercial organizations are preferring to opt for waterproofing solutions. All these factors anticipated a major role in the market growth of the waterproofing membranes market. For the construction of buildings and commercials, government regulations adhere to specific guidelines, for environmental protection from pollution and contamination, which creates a population to follow standards accordingly during the construction. Technology and the desire for waterproofing have evolved over time. Building contractors must provide their clients with more durable, high-performing options if they want to remain competitive as the industry grows and the shortage of skilled workers hinder the growth of the market. Geographically, Australia & held the major market revenue share in 2022 and is expected to grow rapidly in the forecast years.

Australia And New Zealand Waterproofing Membranes Market Key Developments:

  • In September 2022, Soprema Group announced that it has started working on a new project which is Parakiore Recreation and Sports Centre – Christchurch, New Zealand. After it is finished, this brand-new, cutting-edge aquatic and interior recreation and leisure facility will be the biggest of its kind in New Zealand. According to the business, the complex will be well-equipped to host local, national, and international events.
  • In September 2022, Sika AG announced its Queensland project. The significance of protective flooring was emphasized by the project engineer. The location is marked for wet production with hot water washdown, exposure to food chemicals, and traffic cycles. A hard, heat- and wear-resistant floor that was also extremely low in volatile organic compounds and HACCP-approved for use in food settings was required. For the job, Sikafloor-22 PurCem was chosen. The head contractor and client gave Apex Epoxy Flooring Pty. Ltd. careful thought before selecting them as successful tenderers. A suggested Sikafloor PurCem Installer is Apex. Director Nathan Young said Apex recognized the significance of providing a reliable, high-quality outcome for food manufacturing sites.

Australia & New Zealand Waterproofing Membranes Market Dynamics

The increasing demand for waterproofing due to extremes temperature in Australia is the major market driver in the Australia Waterproofing Membranes Market during the forecast period. Australia experiences a wide range of precipitation, with low average yearly precipitation across the majority of the continent and intense seasonal falls in the tropics. The extensive arid core of the continent, which stretches to the coast in sections of the Great Australian Bight and the west, is surrounded by a circular pattern of rainfall. A broken margin of more humid conditions surrounds this arid center, increasing the amount of precipitation as it approaches the shore, especially in the east of the continent consequences high demand for waterproofing this overall factor drives the market. 

Australia And New Zealand Waterproofing Membranes Market Segmentation

By Product Type
  • Polyvinyl Chloride (PVC)
  • Bitumen
  • TPO & Polyurethane
  • Ethylene Propylene Diene Monomer (EPDM)
  • Others
By Type
  • Liquid Applied Membranes
  • Sheet Based Membranes
By Application
  • Building Structures
  • Tunnels & Landfills
  • Roofing & Walls
  • Others

Frequently Asked Questions

The Australia & New Zealand Waterproofing Membranes Market size is expected to be valued at USD 933.5 million in 2022.

The Australia & New Zealand Waterproofing Membranes Market is poised to grow at a significant CAGR of 1.9% from 2022 to 2028.

The leading players in the Australia Waterproofing Membranes Market are; Holcim Group, Soprema Group, Sika AG, Carlisle Companies Inc., The Dow Chemical Company, MAPEI S.p.A., LATICRETE International, Inc, GAF, Ardex Group, Fosroc, Inc, and BASF SE

Historic years considered for the market study are 2018 through 2022, 2022 is considered as the base year for market estimation, and Seven years forecast is presented from 2023 – 2029.

Key Features of the Reports

  • The report provides granular level information about the market size, regional market share, historic market (2018-2022), and forecast (2023-2029)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
  • Holcim Group
  • Soprema Group
  • Sika AG
  • Carlisle Companies Inc.
  • The Dow Chemical Company
  • MAPEI S.p.A.
  • LATICRETE International, Inc
  • GAF
  • Ardex Group
  • Fosroc, Inc

Adjacent Markets