Australia and New Zealand Waterproofing Membrane Market Size By Type(liquid-applied membranes and sheet-based membranes), By Usage(new constructions and refurbishment), By Raw Material(Modified Bitumen, Polyvinyl Chloride (PVC), Thermoplastic Polyolefin (TPO)), By Application(building structures, ro

Australia and New Zealand Waterproofing Membrane Market Size And Forecast

Australia Waterproofing Membrane Market size was valued at USD 624.86 million in the year 2021 and is expected to reach USD 1,016.13 million in 2030, growing at a CAGR of 5.97% over the forecast period 2023-2030.

New Zealand waterproofing membrane market size was valued at USD 320.65 million in the year 2021 and is expected to reach USD 487.67 million in 2030, growing at a CAGR of 5.06% over the forecast period 2023-2030.

The Australia and New Zealand waterproofing market is growing at an exponential growth rate for the past few years. Speedy urbanization is one of the significant drivers for the growth of the market. An increase in infrastructure growth includes the creation of enormous demand for private and public sector infrastructural developments, like power stations, electricity grids, water supply, treatment plants, roads, railways, airports, bridges, telecommunications networks, schools, and hospitals.

Australia and New Zealand Waterproofing Membrane Market Definition

Think of a waterproofing membrane as a superhero cape for your building! It's a special layer of waterproof material that shields surfaces from pesky water leakage, whether you're building something brand new or giving an old structure a fresh start. The main mission of this membrane? To keep your building safe from all sorts of water-related woes and avoid costly repairs down the road. After all, too much water can widen foundation joints and cracks, causing leaks, decay, and those annoying spalling issues that need fixing. Waterproofing membranes are your defense against the biggest culprits behind building damageharsh weather and condensation. Basically, it's like giving your building a protective hug to keep it strong and dry, preventing major structural repairs.

The waterproofing membrane is generally bifurcated into sheet-based membranes and liquid-applied waterproofing membranes. Sheet-based membrane comes in the rolls, which can be unrolled and applied on a firm surface. One of the most common sheets based waterproofing membranes is a bituminous waterproofing membrane. Liquid-applied waterproofing membranes are a type of membrane that comes in the form of liquid that can be brushed or sprayed onto the surface.

Australia and New Zealand Waterproofing Membrane Market Overview

Waterproofing is essential for providing a controlled environment in constructing a building envelope. In recent years expensive remedial work to correct failures in below-grade waterproofing systems has motivated owners and designers to seek high-performance and reliable waterproofing solutions to prevent water ingress. Globalization and increased demand for quality products has led to innovative solutions such as durable membranes based on PVC, Nano-crystals, and Acrylic/PU-based hi-tech coatings. In some buildings, the waterproofing repair costs have been many times greater than the initial cost to install the waterproofing. Therefore, the technology and the need for waterproofing have evolved over time.

Okay, so here's the thingthe price and how easy it is to get raw materials in Australia and New Zealand could really slow down the market's growth. A lot of these materials come from petroleum, which means they're always going up and down in price. When crude oil prices jump, so do the prices of the stuff used to make waterproofing membranes. On the flip side, tourism is booming in Australia and New Zealand! More and more people are visiting from other countries. They're famous for their fancy, big hotels, so there's a ton of hotel construction happening. All these cool tourism projects and new hotels could be a huge opportunity for vendors in the coming years.

Australia and New Zealand Waterproofing Membrane MarketSegmentation Analysis

The Australia and New Zealand waterproofing membrane Market is segmented on the basis of Type, Usage, Raw Material, Application and Geography.

Australia and New Zealand Waterproofing Membrane Market By Type

• Liquid-applied Membranes• Sheet-based Membranes

On the basis of type, the Australia and New Zealand waterproofing membrane market has been segmented into liquid-applied membranes and sheet-based membranes. Liquid applied membrane accounted for the major market share in 2021. One of the main advantages of liquid-applied membranes is their ability to conform to irregular surfaces and penetrate into cracks and crevices, providing a more comprehensive seal than traditional sheet membranes. They are also fast-drying and easy to apply, making them a popular choice for both new construction and renovation projects.

Australia and New Zealand Waterproofing Membrane Market By Usage

• New Constructions• Refurbishments

On the basis of usage, the Australia and New Zealand waterproofing membrane market is segmented into new constructions and refurbishment. The new construction segment dominated the Australia and New Zealand waterproofing membrane market and is expected to continue its dominance over the forecast period. Waterproofing membranes are an essential component of new construction projects, particularly in areas where water intrusion is a concern, such as basements, roofs, and foundations. These membranes are designed to prevent water from seeping through walls and floors, and they can be made from a variety of materials, including Bitumen, PVC, and EPDM.

Australia and New Zealand Waterproofing Membrane Market By Raw Material

• Modified Bitumen• Polyvinyl Chloride (PVC)• Thermoplastic Polyolefin (TPO)• Ethylene Propylene Diene Terpolymer (EPDM)• Others

Okay, so when we look at what waterproofing membranes are made of in Australia and New Zealand, we're basically talking about Modified Bitumen, Polyvinyl Chloride (PVC), Thermoplastic Polyolefin (TPO), Ethylene Propylene Diene Terpolymer (EPDM), and, of course, . Right now, Modified Bitumen is the king of the hill in the market, and it looks like it's going to stay that way for a while. Why? Well, these membranes are super tough against the elements and don't age easily. Plus, they're really flexible, so they can handle buildings shifting and moving around. They're also pretty straightforward to put down on all sorts of surfaces like concrete, metal, and wood. Basically, Modified Bitumen is a reliable choice.

Australia and New Zealand Waterproofing Membrane Market By Application

• Building Structures• Roofing• Walls• Waste & water management• Others

On the basis of application, the Australia and New Zealand waterproofing membrane market is segmented into building structures, roofing, walls, waste & water management, and others. The building structure segment dominated the Australia and New Zealand waterproofing membrane market and is expected to continue its dominance over the forecast period. Waterproofing membranes are commonly used for building structure applications to protect the structure from water damage and extend its service life. The most common types of waterproofing membranes used for building structure applications include sheet membranes, liquid-applied membranes, and cementitious coatings.

Australia and New Zealand Waterproofing Membrane Market By Geography

• Australia• New Zealand

Okay, so when we look at the Australia and New Zealand waterproofing membrane market, we break it down into, well, Australia and New Zealand. Interestingly, even though it's an Aussie and Kiwi market, North America actually dominated things back in 2021, based on location. What's driving all this? Think rapid industrialization and tons of new construction. Especially when it comes to homes, people are really wanting those sheet membranes. Plus, everyone's going for the best waterproofing out there, which is boosting sales. And the Aussie construction scene? It's only going to get bigger, meaning more chances for businesses selling construction stuff. Think about itall these new buildings need waterproofing for roofs, walls, balconies, basements – you name it – to keep the water out and the buildings nice and dry.

Key Players

The “Australia and New Zealand waterproofing membrane market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are Ardex Australia Pty Ltd., Mapei Australia Pty Ltd., Sika Australia Pty Ltd., Tremco CPG Australia Pty Ltd., Thermakraft Ltd, Resene Construction Systems, Enduroflex, Fosroc New Zealand Ltd, Crommelin Group Pty Ltd., and /APTC Australia among others.

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