According to the report, the El Salvador waterproofing market grew substantially in 2023. Aided by the escalating need for construction and infrastructure development, alongside the growing awareness about building longevity, the market is projected to further grow at a CAGR of 6.90% between 2024 and 2032 to reach a value of about USD 20.5 million by 2032.
Waterproofing is a critical component in the construction industry, essential in safeguarding structures from water ingress, which can lead to severe structural damage over time. It is predominantly applied in areas exposed to moisture like bathrooms, kitchens, basements, and roofs. The use of waterproofing solutions is seen across various sectors, including residential, commercial, and infrastructure projects.
The burgeoning construction industry is one of the key trends driving the El Salvador waterproofing market growth. The rapid urbanisation, combined with government-led initiatives on infrastructure development, has resulted in a surge in construction projects. This surge, in turn, elevates the demand for waterproofing solutions to ensure the durability and safety of these new structures.
The increasing awareness about the benefits of waterproofing is another factor propelling the market expansion. With a growing understanding of waterproofing's role in extending a building's lifespan, reducing maintenance costs, and improving the indoor environment, more construction professionals and homeowners are opting for these solutions. Furthermore, rising environmental concerns have pushed for more eco-friendly waterproofing solutions, adding another layer of complexity and opportunity to the market.
As per the El Salvador waterproofing market analysis, the diverse applications of waterproofing across numerous industries play a significant part in the market development. In the residential sector, waterproofing is indispensable for bathrooms, kitchens, and basements to prevent damage due to water leaks. In the commercial sector, waterproofing is crucial in maintaining the structural integrity of large buildings, where water damage can have devastating consequences. Meanwhile, in infrastructure projects such as bridges, tunnels, and highways, waterproofing provides essential protection against water-induced corrosion.
Moreover, with the increased emphasis on sustainable and green building practices, the demand for environmentally friendly waterproofing solutions is projected to rise. These solutions include water-based coatings, mineral-based materials, and bio-based waterproofing solutions. The shift towards these environmentally friendly products will likely positively impact the El Salvador waterproofing market outlook.
o Polyurethane Membrane
o Acrylic
o Liquid Silicone/Water Repellents
o TPO
o EPDM
Bituminous Coating
Polyurethane Membrane
Acrylic
Liquid Silicone/Water Repellents
o Cementitious Membrane/Integral Waterproofing
o Bituminous/Asphalt Membrane
o Thermoplastic Membrane
PVC
TPO
EPDM
o Epoxy
Bituminous Coating
Polyurethane Membrane
Acrylic
Liquid Silicone/Water Repellents
o Cementitious Membrane/Integral Waterproofing
o Bituminous/Asphalt Membrane
o Thermoplastic Membrane
PVC
TPO
EPDM
o Epoxy
Bituminous Coating
Polyurethane Membrane
Acrylic
Liquid Silicone/Water Repellents
o Cementitious Membrane/Integral Waterproofing
o Bituminous/Asphalt Membrane
o Thermoplastic Membrane
PVC
TPO
EPDM
o Epoxy
Bituminous Coating
Polyurethane Membrane
Acrylic
Liquid Silicone/Water Repellents
o Cementitious Membrane/Integral Waterproofing
o Bituminous/Asphalt Membrane
o Thermoplastic Membrane
PVC
TPO
EPDM
o Epoxy
Bituminous Coating
Polyurethane Membrane
Acrylic
Liquid Silicone/Water Repellents
o Cementitious Membrane/Integral Waterproofing
o Bituminous/Asphalt Membrane
o Thermoplastic Membrane
PVC
TPO
EPDM
o Epoxy
Bituminous Coating
Polyurethane Membrane
Acrylic
Liquid Silicone/Water Repellents
o Cementitious Membrane/Integral Waterproofing
o Bituminous/Asphalt Membrane
o Thermoplastic Membrane
PVC
TPO
EPDM
o Epoxy
Bituminous Coating
Polyurethane Membrane
Acrylic
Liquid Silicone/Water Repellents
o Cementitious Membrane/Integral Waterproofing
o Bituminous/Asphalt Membrane
o Thermoplastic Membrane
PVC
TPO
EPDM
o Epoxy
Waterproofing is a critical component in the construction industry, essential in safeguarding structures from water ingress, which can lead to severe structural damage over time. It is predominantly applied in areas exposed to moisture like bathrooms, kitchens, basements, and roofs. The use of waterproofing solutions is seen across various sectors, including residential, commercial, and infrastructure projects.
The burgeoning construction industry is one of the key trends driving the El Salvador waterproofing market growth. The rapid urbanisation, combined with government-led initiatives on infrastructure development, has resulted in a surge in construction projects. This surge, in turn, elevates the demand for waterproofing solutions to ensure the durability and safety of these new structures.
The increasing awareness about the benefits of waterproofing is another factor propelling the market expansion. With a growing understanding of waterproofing's role in extending a building's lifespan, reducing maintenance costs, and improving the indoor environment, more construction professionals and homeowners are opting for these solutions. Furthermore, rising environmental concerns have pushed for more eco-friendly waterproofing solutions, adding another layer of complexity and opportunity to the market.
As per the El Salvador waterproofing market analysis, the diverse applications of waterproofing across numerous industries play a significant part in the market development. In the residential sector, waterproofing is indispensable for bathrooms, kitchens, and basements to prevent damage due to water leaks. In the commercial sector, waterproofing is crucial in maintaining the structural integrity of large buildings, where water damage can have devastating consequences. Meanwhile, in infrastructure projects such as bridges, tunnels, and highways, waterproofing provides essential protection against water-induced corrosion.
Moreover, with the increased emphasis on sustainable and green building practices, the demand for environmentally friendly waterproofing solutions is projected to rise. These solutions include water-based coatings, mineral-based materials, and bio-based waterproofing solutions. The shift towards these environmentally friendly products will likely positively impact the El Salvador waterproofing market outlook.
Market Segmentation
The market can be divided based on type, application, and system.Market Breakup by Type
- Liquid Membrane
o Polyurethane Membrane
o Acrylic
o Liquid Silicone/Water Repellents
- Cementitious Membrane/Integral Waterproofing
- Bituminous/Asphalt Membrane
- Thermoplastic Membrane
o TPO
o EPDM
- Epoxy
- Others
Market Breakup by Application
- Grey Work
Bituminous Coating
Polyurethane Membrane
Acrylic
Liquid Silicone/Water Repellents
o Cementitious Membrane/Integral Waterproofing
o Bituminous/Asphalt Membrane
o Thermoplastic Membrane
PVC
TPO
EPDM
o Epoxy
- Roofing
Bituminous Coating
Polyurethane Membrane
Acrylic
Liquid Silicone/Water Repellents
o Cementitious Membrane/Integral Waterproofing
o Bituminous/Asphalt Membrane
o Thermoplastic Membrane
PVC
TPO
EPDM
o Epoxy
- Flooring
Bituminous Coating
Polyurethane Membrane
Acrylic
Liquid Silicone/Water Repellents
o Cementitious Membrane/Integral Waterproofing
o Bituminous/Asphalt Membrane
o Thermoplastic Membrane
PVC
TPO
EPDM
o Epoxy
- Wet Zones
Bituminous Coating
Polyurethane Membrane
Acrylic
Liquid Silicone/Water Repellents
o Cementitious Membrane/Integral Waterproofing
o Bituminous/Asphalt Membrane
o Thermoplastic Membrane
PVC
TPO
EPDM
o Epoxy
- Finishing and Facades
Bituminous Coating
Polyurethane Membrane
Acrylic
Liquid Silicone/Water Repellents
o Cementitious Membrane/Integral Waterproofing
o Bituminous/Asphalt Membrane
o Thermoplastic Membrane
PVC
TPO
EPDM
o Epoxy
Market Breakup by System
- Retail
Bituminous Coating
Polyurethane Membrane
Acrylic
Liquid Silicone/Water Repellents
o Cementitious Membrane/Integral Waterproofing
o Bituminous/Asphalt Membrane
o Thermoplastic Membrane
PVC
TPO
EPDM
o Epoxy
- Contractors
Bituminous Coating
Polyurethane Membrane
Acrylic
Liquid Silicone/Water Repellents
o Cementitious Membrane/Integral Waterproofing
o Bituminous/Asphalt Membrane
o Thermoplastic Membrane
PVC
TPO
EPDM
o Epoxy
Competitive Landscape
The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the El Salvador waterproofing market. Some of the major players explored in the report are as follows:- Sika AG
- The Sherwin-Williams Company
- Aditivos de El Salvador SA de CV
- Reflex SA de CV
- Lanco Manufacturing Corp.
- Sur Química, SA
- Köster Bauchemie AG
- Schluter-Systems KG
- Fester (Henkel Capital, SA de CV)
- Mapei SPA
- Black Jack Coatings (Innovative Chemical Products Group)
- Grupo IMPAC
- LATICRETE International, Inc.
- Others
Table of Contents
1 Preface2 Report Coverage - Key Segmentation and Scope4 Key Assumptions6 Market Snapshot7 Opportunities and Challenges in the Market16 Key Trends and Developments in the Market
3 Report Description
5 Executive Summary
8 Central America Waterproofing Market Overview
9 El Salvador Waterproofing Market Overview
10 El Salvador Waterproofing Market by Type
11 El Salvador Waterproofing Market by Application
12 El Salvador Waterproofing Market by System
13 Market Dynamics
14 Cost Analysis
15 Competitive Landscape
List of Key Figures and Tables
Companies Mentioned
- Sika AG
- The Sherwin-Williams Company
- Aditivos de El Salvador SA de CV
- Reflex SA de CV
- Lanco Manufacturing Corp.
- Sur Química SA
- Köster Bauchemie AG
- Schluter-Systems KG
- Fester (Henkel Capital
- SA de CV)
- Mapei SPA
- Black Jack Coatings (Innovative Chemical Products Group)
- Grupo IMPAC
- LATICRETE International Inc.
Methodology
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