According to the report by Expert Market Research (EMR), the Brazil waterproofing market size reached a value of USD 904.5 million in 2022. Aided by the increasing construction activities and the escalating need for sustainable infrastructure across Brazil, the market is projected to further grow at a CAGR of 5.5% between 2023 and 2028 to reach a value of USD 1,240.6 million by 2028.
Waterproofing involves the application of a protective layer or membrane on surfaces to prevent water penetration. This protective measure is paramount in safeguarding buildings and structures against potential damages, ensuring their longevity and structural integrity. In Brazil, this process has become indispensable due to the country’s diverse climate, comprising torrential rainfalls and high humidity levels in various regions.
An uptick in construction activities, be it residential, commercial, or infrastructural projects, has been pivotal in propelling the Brazil waterproofing market expansion. As urbanisation accelerates in Brazil, there’s a rising demand for homes, offices, and public infrastructures, all of which require protection against water damages. Waterproofing not only prevents structural damages but also protects against mould growth, ensuring a healthier living environment.
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Additionally, the increasing consumer awareness regarding sustainable and long-lasting infrastructure is driving the Brazil waterproofing market growth. Brazilian homeowners and construction firms are recognising the cost-effectiveness of waterproofing, understanding that an initial investment in quality waterproofing can avert costly repairs in the future due to water damage.
The versatile applications of waterproofing materials play a significant role in amplifying the Brazil waterproofing market development. From rooftops, basements, and balconies to bridges, tunnels, and water tanks, the need for waterproofing solutions is ubiquitous. Additionally, with advancements in technology, the market has witnessed the introduction of eco-friendly and energy-efficient waterproofing solutions. Such innovations are not only environmentally beneficial but also cater to the rising consumer demand for green building solutions.
Moreover, Brazil’s commitment to sustainable urban development, as seen in various government policies and initiatives, further accentuates the market’s growth trajectory. Public infrastructure projects, especially those focusing on water conservation and management, prioritise waterproofing to prevent water loss, signalling continued growth for the Brazil waterproofing market growth.
Brazil Waterproofing Market Segmentation
The market can be divided based on type, application, and end use.
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Market Breakup by Type
• Liquid Membrane
o Bituminous Coating
o Polyurethane Membrane
o Epoxy
o Acrylic
• Cementitious Membrane
• Bituminous Membrane
• Thermoplastic Membrane
• Others
Market Breakup by Application
• Roofs and Balconies
• Parking Deck
• Tunnel Liners
• Bridges and Highways
• Others
Market Breakup by End Use
• Retailers
• Contractors
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the Brazil waterproofing companies. Some of the major key players explored in the report by Expert Market Research are as follows:
• Saint Gobain do Brasil Produtos Industriais e para Construcao Ltda
• Selena FM S.A.
• Sika AG
• Ceramfix Indústria Comércio De Argamassas E Rejuntes SA
• Quimicryl S/A
• Icobit Brasil
• MC-Bauchemie Müller GmbH & Co. KG
• Hydronorth S/A
• MACTRA Indústria e Comércio LTDA
• Bautech Brasil
• Mapei Brasil Materials for Construction Ltd
• Fibersals Impermeabilização em Edificações Ltda.
• Denver Impermeabilizantes Indústria E Comércio LTDA.
• Others
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