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Part of: Waterproofing Membrane Market (Global)

The South Korea Waterproofing Membrane Market was valued at $1593.2 Million in 2025 and projected to reach to $1773.8 Million by 2030, representing a compound annual growth rate of 5.3%. South Korea's waterproofing membrane market is positioned for consistent growth through 2030, supported by ongoing urbanization, renovation of aging infrastructure, and stringent building regulations requiring high-performance waterproofing solutions.

South Korea Waterproofing Membrane Market (2025-2030) : Size and Share
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Market Size in USD 26.32 MN
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South Korea Waterproofing Membrane Market Trends and Insights

  • This steady growth reflects South Korea's robust construction sector and increasing demand for durable building materials in both residential and commercial applications.
  • South Korea's strategic focus on infrastructure modernization and green building standards continues to drive adoption of advanced waterproofing solutions. The South Korea waterproofing membrane market benefits from the country's aging building stock requiring renovation and the expansion of new construction projects in urban centers.
  • South Korea's manufacturers are increasingly investing in innovative membrane technologies to meet stringent environmental regulations and performance standards.
  • Between 2025 and 2030, South Korea is expected to see heightened competition among regional and international suppliers, with emphasis on sustainable and high-performance waterproofing products tailored to the country's climate and construction practices..

Key Market Statistics

  • CAGR (2025-2030) 5.3% CAGR
  • Market Size, 2025 ~USD 1593.2 Million
  • Forecast, 2030 ~USD 1773.8 Million
  • Country South Korea

South Korea Waterproofing Membrane Market Overview

Market Size & Growth :

South Korea's waterproofing membrane market is valued at USD 1,593.2 million in 2025, with projected growth to USD 1,773.8 million by 2030, representing a steady 5.3% CAGR driven by construction sector expansion.

Construction Sector Momentum :

South Korea's robust construction industry, including residential redevelopment projects and commercial infrastructure, continues to fuel demand for advanced waterproofing solutions across urban and suburban markets.

Material Innovation Focus :

South Korean manufacturers are increasingly adopting advanced polymer-based and eco-friendly waterproofing membranes, aligning with the country's sustainability standards and building code requirements.

Regional Market Dynamics :

South Korea's waterproofing membrane market benefits from high construction standards, dense urbanization, and significant investment in infrastructure modernization and green building certifications.

South Korea Waterproofing Membrane Market Dynamics

  • The market will benefit from increased adoption in both new construction projects and retrofitting applications across residential, commercial, and industrial sectors. Key growth drivers include South Korea's focus on sustainable construction practices, rising demand for durable building materials, and technological advancements in membrane formulations.
  • Market players are expected to capitalize on opportunities in green building certifications and premium waterproofing products that meet evolving environmental standards and performance requirements..

Related Ecosystem

Infrastructure Material

Top Technologies
  • Alumina Ceramics
  • Ceramic Coatings
  • Monolithic Ceramics
  • Polyphenylene Sulfide (PPS)
  • Titanate Ceramics
Top Companies
  • Saint-gobain
  • Simpson Manufacturing Co., Inc.
  • Sika ag
  • DOW CHEMICAL COMPANY
  • Basf se

    Membranes

    Top Technologies
    • Reverse Osmosis
    • Acetone
    • Bioremediation
    • Cartridge Filters
    • Granular Activated Carbon
    Top Companies
    • Veolia
    • Toray Industries, Inc.
    • PALL CORPORATION
    • DuPont de Nemours, Inc.
    • Pentair plc

      Key Takeaways

      • South Korea's waterproofing membrane market is valued at USD 1,593.2 million in 2025 with a projected value of USD 1,773.8 million by 2030.
      • South Korea's market is growing at a 5.3% CAGR, driven by construction renovation and new infrastructure projects.
      • South Korea's regulatory environment and green building initiatives are accelerating demand for advanced waterproofing solutions.
      • South Korea's competitive landscape features both domestic and international suppliers focusing on innovation and sustainability.

      Waterproofing Membrane Market Report Scope

      Report Metric Details
      Base Year 2025
      Fastest Growing Segment TPO (Raw Material)
      Forecast Period 2025–2030
      Growth Rate CAGR of 6% from 2025 to 2030
      Largest Segment LIQUID-APPLIED MEMBRANES (Type)
      Market Size Base Year (Billions) ~USD 38.78 (2025)
      Revenue Forecast (Billions) ~USD 51.9 (2030)
      Segments Covered Type, Usage, Material Type, Raw Material, Application

      South Korea Waterproofing Membrane Market Report Segmentation

      5 segment dimensions are covered across the global market.

      By Type

      • Liquid-Applied Membrane
      • Liquid-Applied Membranes
      • Sheet-Based Membrane
      • Sheet-Based Membranes

      By Usage

      • New Construction
      • Refurbishment

      By Material Type

      • New Construction
      • Refurbishment

      By Raw Material

      • Acrylic
      • Epdm
      • Modified Bitumen
      • Other Raw Materials
      • Polyurea
      • Polyurethane
      • Pvc
      • Tpo
      • –Modified Bitumen - App
      • –Modified Bitumen - Sbs

      By Application

      • Building Structure
      • Building Structures
      • Other Applications
      • Roadways
      • Roofing
      • Walls
      • Waste & Water Management

      Target Audience

      • Construction & Real Estate Developers : South Korean developers need market intelligence to forecast material costs, identify reliable suppliers, and align waterproofing specifications with local building codes and project timelines.
      • Waterproofing Material Manufacturers : Domestic and international manufacturers require South Korea-specific market data to assess market entry feasibility, competitive positioning, and growth opportunities in this key Asian market.
      • Building Material Distributors & Suppliers : Distributors need detailed market insights to optimize inventory management, identify emerging product trends, and develop targeted sales strategies for South Korea's construction sector.
      • Investment & Private Equity Firms : Investors evaluating opportunities in South Korea's construction materials sector require accurate market sizing, growth projections, and competitive analysis to support investment decisions.
      • Architects & Engineering Consultants : Design professionals need current market data on available waterproofing solutions, product innovations, and compliance standards specific to South Korean construction projects and regulations.

      Key Companies in the South Korea Waterproofing Membrane Market

      CompanyHQOwnershipStrongest segments
      SIKASwitzerlandPublic CompanyConcrete admixtures and additives,Waterproofing systems (SikaProof and related),Roofing systems (Sika Sarnafil and accessories),
      GCPUnited KingdomPublic FundSenior infrastructure debt,Subordinated / mezzanine infrastructure debt,Cash, derivatives and other income,
      CARLISLE COMPANIES INC.United StatesPublic CompanySingle-ply roofing membranes (EPDM, TPO, PVC),Polyiso and EPS insulation,Weatherproofing, air/vapor barriers, and sealants,
      MAPEI S.P.A.ItalyPrivate CompanyCeramic and stone installation systems,Resilient, LVT, textile, and sports flooring systems,Wooden and resin flooring, acoustic and thermal insulation,
      HOLCIMSwitzerlandPublic CompanyCement, clinker, and other cementitious materials,Ready-mix concrete and precast products,Aggregates (crushed stone, gravel, sand, asphalts),
      STANDARD INDUSTRIES INC.United StatesPrivate CompanyResidential shingles and system components,Commercial roofing systems and membranes,Insulation, cover boards, and accessories,
      JOHNS MANVILLEUnited StatesPrivate CompanyBuilding and mechanical insulation,Commercial roofing systems and roof insulation,Glass fibers for construction and automotive,
      BEIJING ORIENTAL YUHONG WATERPROOF TECHNOLOGY CO., LTD.ChinaPublic CompanyWaterproof membranes and coatings (YUHONG),Construction raw materials and VASA building materials,Insulation materials and architectural coatings,
      PIDILITE INDUSTRIES LTD.IndiaPublic CompanyConsumer & Bazaar – Adhesives and Sealants (Fevicol, Fevikwik, Fevibond, Fevistick, Fevicol MR, Araldite, steelgrip, HOLDTITE LEAKGUARD),Consumer & Bazaar – Construction and Paint Chemicals (Dr. Fixit, Roff, Haisha Paints, WUDFIN, Piditint, UNITINT, TENAX),Consumer & Bazaar – Art, Craft, and DIY (Fevicryl, Rangeela, Fevigum, MOTO MAX, Terminator, WD-40, Zorrik-88, Stainoff, BRITE-SUPER, BLUECOAT, D-klog),
      KESHUN WATERPROOF TECHNOLOGY CO., LTD.ChinaPublic CompanyWaterproofing membranes,Waterproof coatings,System solutions & engineering construction,

      SIKA

      Sika is a Swiss public company founded in 1910 with 33,856 employees.

      GCP

      GCP is a United Kingdom-based public fund established in 2010.

      CARLISLE COMPANIES INC.

      Carlisle Companies Inc. is a United States-based public company founded in 1917 with 5,900 employees.

      MAPEI S.P.A.

      Mapei S.p.A. is an Italian private company founded in 1937 with 13,252 employees.

      HOLCIM

      Holcim is a Swiss public company founded in 1833 with 45,595 employees.

      STANDARD INDUSTRIES INC.

      Standard Industries Inc. is a United States-based private company founded in 1886 with 3,700 employees.

      JOHNS MANVILLE

      Johns Manville is a United States-based private company founded in 1858 with 9,740 employees.

      BEIJING ORIENTAL YUHONG WATERPROOF TECHNOLOGY CO., LTD.

      Beijing Oriental Yuhong Waterproof Technology Co., Ltd. is a Chinese public company founded in 1995 with 10,318 employees.

      PIDILITE INDUSTRIES LTD.

      Pidilite Industries Ltd. is an Indian public company founded in 1959 with 8,835 employees.

      KESHUN WATERPROOF TECHNOLOGY CO., LTD.

      Keshun Waterproof Technology Co., Ltd. is a Chinese public company founded in 1996 with 3,031 employees.

      Reasons to Buy this Report

      • Market-Specific Sizing & Forecasts : Access precise market valuations for South Korea (USD 1,593.2M in 2025, USD 1,773.8M in 2030) with country-specific CAGR of 5.3%, enabling accurate business planning and investment decisions.
      • South Korea Construction Insights : Understand the unique drivers of South Korea's construction sector, including urbanization patterns, infrastructure modernization, and regulatory requirements that directly impact waterproofing membrane demand.
      • Competitive Landscape Analysis : Identify local and international competitors operating in South Korea's market, their market positioning, and strategies tailored to Korean building standards and customer preferences.
      • Regulatory & Standards Compliance : Gain insights into South Korea-specific building codes, environmental regulations, and certification requirements that influence product development and market entry strategies.
      • Growth Opportunity Identification : Discover high-potential segments within South Korea's market, including residential redevelopment, commercial infrastructure, and green building projects driving waterproofing membrane adoption.

      Frequently asked questions

      What is the current size of South Korea's waterproofing membrane market?

      South Korea's waterproofing membrane market is estimated at USD 1,593.2 million in 2025.

      What is the projected market size for South Korea's waterproofing membrane market by 2030?

      South Korea's waterproofing membrane market is projected to reach USD 1,773.8 million by 2030.

      What is the CAGR for South Korea's waterproofing membrane market?

      South Korea's waterproofing membrane market is expected to grow at a CAGR of 5.3% from 2025 to 2030.

      What factors are driving growth in South Korea's waterproofing membrane market?

      South Korea's market growth is driven by infrastructure modernization, building renovation projects, green building standards, and increasing demand for durable construction materials.

      Who are the key players in South Korea's waterproofing membrane market?

      South Korea's waterproofing membrane market includes both domestic manufacturers and international suppliers competing on innovation, sustainability, and product performance.

      RESEARCH METHODOLOGY

      The study involves two major activities in estimating the current market size for the waterproofing membranes market. Exhaustive secondary research was done to collect information on the market, peer market, and parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. After that, market breakdown and data triangulation were used to estimate the market size of segments and subsegments.

      Secondary Research

      Secondary sources used for this research include the financial statements of companies that offer waterproofing membranes and information from various trade, business, and professional associations. Secondary research has been used to obtain critical information on the industry’s value chain, the total pool of key players, market classification, and segmentation by industry trends down to the bottom-most level and regional markets. Secondary data were collected and analyzed to determine the overall size of the waterproofing membranes market, which was validated by primary respondents.

      Primary Research

      Extensive primary research was conducted after secondary research provided information on the waterproofing membranes market. Several primary interviews were conducted with market experts from both the demand and supply sides across major countries of North America, Europe, Asia Pacific, Middle East & Africa, and South America. Primary data was collected through questionnaires, emails, and telephonic interviews. The primary sources from the supply side included various industry experts, such as Chief X Officers (CXOs), Vice Presidents (VPs), Directors from business development, marketing, product development/innovation teams, and related key executives from waterproofing membranes industry vendors; material providers; distributors; and key opinion leaders. Primary interviews were conducted to gather insights into market statistics, revenue from products and services, market breakdowns, market size estimates, market forecasting, and data triangulation. Primary research also helped in understanding the various trends related to raw material, type, usage, applications, and regions. Stakeholders from the demand side, such as CIOs, CTOs, CSOs, and installation teams of the customer/end users who are seeking waterproofing membranes services, were interviewed to understand the buyer’s perspective on the suppliers, products, component providers, and their current usage of waterproofing membranes and future outlook of their business, which will affect the overall market.

      Waterproofing Membranes Market Size, and Share

      To know about the assumptions considered for the study, download the pdf brochure

      Market Size Estimation

      The research methodology used to estimate the size of the waterproofing membranes market includes the following details. The market sizing of the market was undertaken from the demand side. The market was upsized based on regional demand for waterproofing membranes across different applications. Such procurements provide information on the demand aspects of the waterproofing membranes industry for each application. For each application, all possible market segments were integrated and mapped.

      Waterproofing Membranes Market : Top-Down and Bottom-Up Approach

      Waterproofing Membranes Market Top Down and Bottom Up Approach

      Data Triangulation

      After arriving at the overall size from the market size estimation process explained above, the total market was split into several segments and subsegments. The data triangulation and market breakdown procedures explained below were implemented, as applicable, to complete the overall market engineering process and obtain exact statistics for various market segments and subsegments. The data was triangulated by examining various factors and trends on both the demand and supply sides. Additionally, the market size was validated using both top-down and bottom-up approaches.

      Market Definition

      The waterproofing membranes market refers to the industry which produces and distributes and applies materials that stop water from entering buildings and infrastructure. Waterproofing membranes serve as protective barriers which come in two forms: liquid-applied membranes and sheet-based membranes. The market includes a variety of materials such as bitumen, PVC, TPO, EPDM, and other polymer-based solutions which serve residential, commercial, and industrial applications. The market includes various technologies which support installation processes and provide maintenance solutions. The market develops sustainable waterproofing solutions which meet regulatory requirements because of increasing construction activity and environmental sustainability requirements.

      Key Stakeholders

      • Waterproofing Membranes Manufacturers
      • Waterproofing Membranes Distributors and Suppliers
      • End-use Industries
      • Universities, Governments, and Research Organizations
      • Associations and Industrial Bodies
      • R&D Institutes
      • Environmental Support Agencies
      • Investment Banks and Private Equity Firms
      • Research and Consulting Firms

      Report Objectives

      • To define, describe, and forecast the market size in terms of volume and value
      • To provide detailed information regarding the key factors, such as drivers, restraints, opportunities, and challenges influencing market growth
      • To analyze and forecast the market by raw material, type, application, usage, and region
      • To forecast the market size concerning five main regions (along with country-level data), namely, North America, Europe, Asia Pacific, Middle East & Africa, and South America, and analyze the significant region-specific trends
      • To strategically analyze micromarkets with respect to individual growth trends, prospects, and contributions of the submarkets to the overall market
      • To analyze the market opportunities and the competitive landscape for stakeholders and market leaders
      • To assess recent market developments and competitive strategies, such as agreements, contracts, acquisitions, partnerships & collaborations, and new product developments/new product launches, to draw the competitive landscape
      • To strategically profile the key market players and comprehensively analyze their core competencies 

      Available customizations:

      MarketsandMarkets offers the following customizations for this market report:

      • Additional country-level analysis of the waterproofing membranes market

      Product Analysis

      • Product matrix, which provides a detailed comparison of the product portfolio of each company in the market

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