Top 40 Companies in Elastomeric Waterproof Coating Market: Statistics Report Till 2035

RELEASE DATE: Oct 2025 Author: Spherical Insights
According to a research report published by Spherical Insights & Consulting, The Global Elastomeric Waterproof Coating Market Size is projected To Grow from USD 9.07 Billion in 2024 to USD 17.50 Billion by 2035, at a CAGR of 6.16% during the forecast period 2025–2035.

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Description

According to a research report published by Spherical Insights & Consulting, The Global Elastomeric Waterproof Coating Market Size is projected To Grow from USD 9.07 Billion in 2024 to USD 17.50 Billion by 2035, at a CAGR of 6.16% during the forecast period 2025–2035. This strong growth is mainly fueled by heightened construction activities, especially in developing nations, along with the growing demand for durable and effective waterproofing solutions in residential, commercial, and industrial markets. The expansion of the construction industry significantly impacts the growth of the elastomeric waterproof coating market. Due to swift urban growth and infrastructure advancements in developing nations, there is an increased need for superior waterproofing technologies to extend the durability of buildings and structures.

Introduction

The Global Elastomeric Waterproof Coating Market Size refers to a specialized segment within the broader coatings and construction materials industry, focused on high-performance coatings that provide flexible, durable, and water-resistant protection for building surfaces. Elastomeric waterproof coatings consist of flexible, resilient materials made from elastic polymers intended to deliver exceptional waterproofing and weather protection for numerous surfaces. These coatings are mainly applied in construction on walls, roofs, floors, and foundations to stop water intrusion and improve the structural durability of buildings. Their flexible characteristics allow them to stretch and compress with surface shifts, avoiding fractures and providing enduring defence against water damage. The elastomeric waterproof coating market is growing swiftly, fueled by rising construction activity, heightened awareness of building upkeep, and eco-friendly construction methods. The coatings are widely used in commercial, residential, and industrial sectors, such as automotive and manufacturing, where moisture protection is essential.

 

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The insights presented in this blog are derived from comprehensive market research conducted by Spherical Insights LLP, a trusted advisory partner to leading global enterprises. Backed by in-depth data analysis, expert forecasting, and industry-specific intelligence, our reports empower decision-makers to identify strategic growth opportunities in fast-evolving sectors. Clients seeking detailed market segmentation, competitive landscapes, regional outlooks, and future investment trends will find immense value in the full report. By leveraging our research, businesses can make informed decisions, gain a competitive edge, and stay ahead in the transition toward sustainable and profitable solutions.

 

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Elastomeric Waterproof Coating Market Size & Statistic

  • The Market Size for Elastomeric Waterproof Coating Was Estimated to be worth USD 9.07 Billion in 2024.
  • The Market is Going to Expand at a CAGR of 6.16% between 2025 and 2035.
  • The Global Elastomeric Waterproof Coating Market Size is anticipated to reach USD 17.50 Billion by 2035.
  • Asia Pacific is anticipated to generate the highest demand during the forecast period in the elastomeric waterproof coating market.
  • North America is estimated to grow the fastest during the forecast period in the elastomeric waterproof coating market.

Regional growth and demand

                                    

North America is anticipated to grow at the fastest CAGR over the forecast period in the elastomeric waterproof coating market. North America represents another key market for elastomeric waterproof coatings, defined by strict building regulations, increased awareness of building upkeep, and a strong emphasis on sustainability. The United States and Canada represent significant markets in the region, which is fueled by the rising implementation of sustainable building methods and the demand for long-lasting waterproofing options in new developments and remodels. North America is backed by continuous construction efforts and technological innovations.

 

The Asia Pacific is expected to experience the highest demand in the elastomeric waterproof coating market during the forecast period. The elastomeric waterproof coating market is primarily led by the Asia Pacific region, driven by rapid urban development, increasing construction activities, and substantial infrastructure investment. Countries such as China and India are major contributors because of their extensive housing projects, commercial developments, and governmental efforts to enhance infrastructure.

 

Top 10 trends in the Elastomeric Waterproof Coating Market

  • Sustainability and Eco-Friendly Formulations
  • Rising Adoption in Green Building
  • Technological Advancements
  • Growth in Roofing and Facade Applications
  • Focus on Energy Efficiency
  • Value-Added Services Expansion
  • Digitalisation in Product Development and Supply Chain
  • Emerging Markets and Regional Growth
  • Rise of Liquid-Applied Membranes
  • Intensifying Competition and Price Optimisation

 

1. Sustainability and Eco-Friendly Formulations

There is an increasing demand for low-VOC, environmentally friendly coatings in the market due to the growing focus on green building practices and more stringent global environmental regulations.

 

2. Rising Adoption in Green Building

Architects and builders are progressively opting for elastomeric waterproof coatings in energy-efficient structures, particularly in contexts where LEED and comparable certifications matter.

 

3. Technological Advancements

Recent formulations are incorporating nanotechnology, self-repairing features, and advanced polymers to enhance durability, flexibility, and overall waterproofing effectiveness.

 

4. Growth in Roofing and Facade Applications

Roofs, facades, and foundation parts continue to be prominent because of growing residential and commercial building, urban development, and tougher construction regulations.

 

5. Focus on Energy Efficiency

Reflective and insulating coatings that assist in regulating building temperatures are becoming more popular, influenced by consumer demand and governmental incentives.

 

Empower your strategic planning:

Stay informed with the latest industry insights and market trends to identify new opportunities and drive growth in the elastomeric waterproof coating market. To explore more in-depth trends, insights, and forecasts, please refer to our detailed report.

 

Top 20 Companies Leading the Elastomeric Waterproof Coating Market

  1. BASF SE
  2. The Dow Chemical Company
  3. PPG Industries, Inc.
  4. Sherwin-Williams Company
  5. Sika AG
  6. Akzo Nobel N.V.
  7. RPM International Inc.
  8. GAF Materials Corporation
  9. Henry Company LLC
  10. Kemper System America, Inc.
  11. Tremco Incorporated
  12. Carlisle Companies Incorporated
  13. Johns Manville Corporation
  14. Hempel A/S
  15. Nippon Paint Holdings Co., Ltd.
  16. Asian Paints Limited
  17. Kansai Paint Co., Ltd.
  18. Berger Paints India Limited
  19. National Coatings Corporation
  20. Polycoat Products LLC

 

1. BASF SE

Headquarters: Rhein, Germany

BASF SE is a prominent company recognised for its creative solutions and comprehensive range of products in the construction chemicals industry. The elastomeric coatings from the company are crafted to ensure exceptional performance and longevity, serving a range of applications and sectors. BASF's dedication to sustainability and ongoing product innovation establishes it as a significant rival in the market.

 

2. The Dow Chemical Company

Headquarters: Midland, United States

Dow Chemical Company is a significant contender, providing a variety of advanced elastomeric waterproof coatings that deliver superior protection and environmental durability. The company's emphasis on research and development, along with its robust global reach, allows it to satisfy the varied requirements of clients in various areas. Dow's focus on quality and innovation has secured it a respected place in the market.

 

3. PPG Industries, Inc.

Headquarters: Pennsylvania, United States

PPG Industries, Inc. is recognised for its premium coatings and paints, featuring elastomeric waterproof coatings that provide exceptional flexibility and resistance to weather conditions. The company's broad distribution network and robust brand recognition enhance its competitive edge. PPG's dedication to sustainability and environmentally friendly products matches the increasing demand for green construction materials, which enhances its market standing.

 

4. Sherwin-Williams Company

Headquarters: Cleveland, Ohio, United States

Sherwin-Williams Company is a prominent entity in the coatings sector, providing a diverse array of elastomeric waterproof coatings suitable for residential, commercial, and industrial uses. The company's emphasis on customer support, innovative products, and eco-friendly solutions has established it as a major contender in the industry. Sherwin-Williams' broad retail presence and solid customer connections enhance its market success.

 

5. Sika AG

Headquarters: Canton of Zug, Switzerland

Sherwin-Williams Company is a prominent entity in the coatings sector, providing a diverse array of elastomeric waterproof coatings suitable for residential, commercial, and industrial uses. The company's emphasis on customer support, innovative products, and eco-friendly solutions has established it as a major contender in the industry. Sherwin-Williams' broad retail presence and solid customer connections enhance its market success.

 

Are you ready to discover more about the elastomeric waterproof coating market?

The report provides an in-depth analysis of the leading companies operating in the global elastomeric waterproof coating market. It includes a comparative assessment based on their product portfolios, business overviews, geographical footprint, strategic initiatives, market segment share, and SWOT analysis. Each company is profiled using a standardized format that includes:

 

Company Profiles

  1. BASF SE
  • Business Overview
  • Company Snapshot
  • Products Overview
  • Company Market Share Analysis
  • Company Coverage Portfolio
  • Financial Analysis
  • Recent Developments
  • Merger and Acquisitions
  • SWOT Analysis

 

  1. The Dow Chemical Company
  2. PPG Industries, Inc.
  3. Sherwin-Williams Company
  4. Sika AG
  5. Akzo Nobel N.V.
  6. RPM International Inc.
  7. GAF Materials Corporation
  8. Henry Company LLC
  9. Kemper System America, Inc.
  10. Tremco Incorporated
  11. Carlisle Companies Incorporated
  12. Johns Manville Corporation
  13. Hempel A/S
  14. Nippon Paint Holdings Co., Ltd.
  15. Asian Paints Limited
  16. Kansai Paint Co., Ltd.
  17. Berger Paints India Limited
  18. National Coatings Corporation
  19. Polycoat Products LLC
  20. Others

 

Conclusion

The Worldwide Elastomeric Waterproof Coating Market Size is beginning a period of strong and continuous expansion, expected to nearly reach USD 17.50 billion by 2035, growing from USD 9.07 billion in 2024, as sustainability, environmentally friendly formulations, and technological advancements become key focuses. This increase is driven by intensified construction and infrastructure expansion, particularly in the Asia Pacific and North America areas, along with a significant movement towards long-lasting, low-VOC, and high-performance coatings that meet contemporary green building criteria and regulatory requirements. Top producers, such as BASF SE, Dow Chemical Company, PPG Industries, Sherwin-Williams, and Sika AG, are influencing the competitive environment through R&D investments, broadening product offerings, and focusing on sustainable, value-oriented solutions. Firms that adapt through innovation to changing construction techniques, ecological standards, and user demands will keep shaping the market’s path until 2035, guaranteeing that buildings globally are increasingly secure, energy-efficient, and sustainable.

 

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About the Spherical Insights & Consulting

 

Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.

Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements. 

 

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