Latin America Waterproofing Membranes Market Size & Outlook
The waterproofing membranes market in Latin America is expected to reach a projected revenue of US$ 5,145.9 million by 2030. A compound annual growth rate of 7.1% is expected of Latin America waterproofing membranes market from 2023 to 2030.
Latin America waterproofing membranes market highlights
The Latin America waterproofing membranes market generated a revenue of USD 3,005.9 million in 2022.
The market is expected to grow at a CAGR of 7.1% from 2023 to 2030.
In terms of segment, liquid applied membrane was the largest revenue generating segment in 2022.
Liquid Applied Membrane is the most lucrative segment segment registering the fastest growth during the forecast period.
Country-wise, Brazil is expected to register the highest CAGR from 2023 to 2030.
Latin America data book summary
Market revenue in 2022
USD 3,005.9 million
Market revenue in 2030
USD 5,145.9 million
Growth rate
7.1% (CAGR from 2023 to 2030)
Largest segment
Liquid applied membrane
Fastest growing segment
Liquid Applied Membrane
Historical data covered
2018 - 2021
Base year for estimation
2022
Forecast period covered
2023 - 2030
Quantitative units
Revenue in USD million
Market segmentation
Liquid Applied Membrane, Sheet Membrane
Key market players worldwide
Basf SE, Kemper System America, Inc., Standard Industries, Paul Bauder GmbH & Co. KG, Fosroc, Isomat, Bayer AG, CICO, ALCHIMICA
Other key industry trends
In terms of revenue, Latin America region accounted for 13.0% of the global waterproofing membranes market in 2022.
Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
Asia Pacific is the fastest growing regional market and is projected to reach USD 13,769.2 million by 2030.
Latin American waterproofing membranes market is expected to witness average growth over the forecast period. Major market players including Sika AG have been involved in expansion of their business in the region due to infrastructure development and rising demand.
Various large-scale construction projects in the region have been utilizing waterproofing membranes for protection of the structure, thus propelling growth.
Latin America Waterproofing Membranes Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Waterproofing Membranes Market Outlook will help companies and investors design strategic landscapes.
Liquid Applied Membrane was the largest segment with a revenue share of 70.42% in 2022.
Horizon Databook has segmented the Latin America waterproofing membranes market based on liquid applied membrane, sheet membrane covering the revenue growth of each sub-segment from 2018 to 2030.
Latin American waterproofing membranes market is expected to witness average growth over the forecast period. Major market players including Sika AG have been involved in expansion of their business in the region due to infrastructure development and rising demand.
Various large-scale construction projects in the region have been utilizing waterproofing membranes for protection of the structure, thus propelling growth.
Latin America Waterproofing Membranes Market Segment Outlook (Revenue, USD Million , 2021-2033)
Liquid Applied Membrane
Sheet Membrane
Latin America Waterproofing Membranes Market End Use Outlook (Revenue, USD Million , 2021-2033)
Roofing
Walls
Building Structures
Landfills & Tunnels
Others
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America Waterproofing Membranes Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Latin America Waterproofing Membranes Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Latin America Waterproofing Membranes Market, 2021-2033 (US$M)