Liquid Applied Membrane Market Size and Share

Liquid Applied Membrane Market (2025 - 2030)
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Liquid Applied Membrane Market Analysis by Mordor Intelligence

The Liquid Applied Membrane Market size is estimated at USD 7.36 billion in 2025, and is expected to reach USD 9.51 billion by 2030, at a CAGR of 5.25% during the forecast period (2025-2030). End-users continue shifting from roll goods to seamless coatings because the latter bridge cracks, tolerate movement, and deliver longer service life, all of which lower lifecycle costs. Infrastructure renewal programs in China, India, and the United States keep demand resilient, while stringent low-VOC rules in California, Canada, and the European Union tilt specifications toward water-borne chemistries. Architectural codes that reward cool roofs, photovoltaic integration, and green-roof assemblies further accelerate uptake. Manufacturers counter margin pressure by launching self-healing, PV-ready, and rapid-cure systems that cut downtime on congested job sites. 

Key Report Takeaways

  • By type, bituminous membranes retained 30.35% of the liquid-applied membranes market share in 2024; polyurethane systems are advancing at a 6.33% CAGR through 2030. 
  • By application, roofing captured 36.24% of the liquid-applied membranes market size in 2024 and is projected to post a 5.87% CAGR through 2030. 
  • By end-use sector, residential construction held 36.72% revenue share in 2024 and is growing at 6.20% CAGR to 2030. 
  • By geography, Asia-Pacific commanded 53.25% of 2024 global revenue and is expanding at a 6.76% CAGR, the fastest regional growth rate. 

Segment Analysis

By Type: Polyurethane Innovation Drives Growth

Bituminous coatings accounted for 30.35% of the liquid-applied membranes market share in 2024, reflecting decades of field data and low unit cost. Polyurethane led value growth at a 6.33% CAGR, supported by elastomeric performance that tolerates solar modules, cool-roof pigments, and movement joints without embrittlement. 

Acrylic dispersions gain traction in refurbishments because crews can apply them with rollers and clean up using water. PMMA fills high-traffic balconies and stadium concourses where rapid 30-minute cure delivers schedule certainty. Hybrid chemistries such as polyurethane-bitumen blends and polyurea-modified elastomers address niche demands for ultra-fast return-to-service or cold-weather application, expanding design flexibility for specifiers. 

Liquid Applied Membrane Market: Market Share by Type
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By Application: Roofing Dominance Reinforced by Innovation

Roofing held 36.24% of the liquid-applied membranes market size in 2024 and is growing at a CAGR of 5.87%. FM-tested self-healing formulations such as Sika Sarnafil AT FSH autonomously seal punctures up to 1.5 mm, cutting maintenance callbacks.

Underground works remain the most technically demanding niche; Milan’s Glòries tunnel applied 25,000 m² of pre-applied liquid membrane to resist permanent water head. Wall assemblies capitalize on air-barrier mandates in the United States International Energy Conservation Code, while balcony and plaza decks adopt aliphatic polyurea topcoats for UV stability. The spread of building-integrated photovoltaics tightens overlap between roofing and energy divisions in many contractors, reinforcing liquids as the preferred interface. 

By End-Use Sector: Residential Leadership Drives Market Expansion

Residential owners controlled 36.72% of 2024 revenue because emerging-market housing booms coincide with aging roofs in OECD markets. DIY-oriented acrylic kits now include primer, bulk coat, and reflective topcoat in recyclable pails, making waterproofing a weekend project for homeowners. The liquid-applied membranes market size tied to residential refurbishments is forecast to grow 6.20% annually, outpacing new-build activity. 

Commercial real estate specifies thicker polyurethane or PMMA assemblies that carry 20- to 25-year warranties. Industrial users lean on polyurea for chemical tank farms and bund walls, while institutional campuses install odor-free cementitious coatings inside potable-water reservoirs. Across all end-users, green-building labels like Singapore’s Green Mark and U.S. LEED award points for VOC compliance and heat-island mitigation, elevating liquids that can incorporate ceramic or infrared-reflective pigments.

Liquid Applied Membrane Market: Market Share by End-use Sector
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Geography Analysis

Asia-Pacific generated 53.25% of 2024 global revenue and is expected to climb at a 6.76% CAGR through 2030. Chinese metro extensions, Indian smart-city corridors, and ASEAN flood-control tunnels collectively require hundreds of millions of square meters of waterproofing. Local developers increasingly demand EN 14891 and GB 50108 compliance, pushing imports to upgrade testing certificates. 

North America represents a mature but opportunity-rich arena dominated by reroofing. U.S. municipalities expand cool-roof rebates, while Canada’s federal VOC rule effective 2025 accelerates water-borne technology penetration[2]Government of Canada, “VOC Regulations for Certain Products,” canada.ca. Mexico’s Coatzacoalcos immersed-tube tunnel specified GCP’s Integritank system for seamless corrosion protection, underscoring regional competence in complex projects.

Europe’s renovation wave centers on decarbonization, with Germany’s BEG subsidy requiring airtightness upgrades that often incorporate fluid air-barriers. Georgia’s adoption of EU VOC caps signals regulatory harmonization eastward. Middle East and Africa present high growth but challenging climatic extremes; Dubai’s Expo City parks selected aliphatic polyurea to survive 45 °C summers without chalking.

Liquid Applied Membrane Market CAGR (%), Growth Rate by Region
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Competitive Landscape

The market is moderately fragmented. Innovation remains the primary differentiator. Tremco’s Amphibia blind-side system self-seals on hydration, gaining traction in deep urban excavations where repair access is impossible. Distribution and training capacity separate global leaders from regional blenders. Sika operates 103 training centers worldwide, issuing digital installer credentials that reduce warranty disputes. Producers also embed IoT sensors that record ambient temperature and humidity during application, providing forensic evidence in defect claims. As owners demand multi-decade warranties, balance-sheet strength and third-party certifications become decisive in bid evaluations.

Liquid Applied Membrane Industry Leaders

  1. Sika AG

  2. Carlisle Companies Incorporated

  3. GAF Materials LLC

  4. RPM INTERNATIONAL INC.

  5. SOPREMA Group

  6. *Disclaimer: Major Players sorted in no particular order
Liquid Applied Membrane Market - Market Concentration
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Recent Industry Developments

  • May 2025: GCP Applied Technologies’ Integritank liquid-applied membrane system was selected for the 1 km Coatzacoalcos immersed-tube tunnel in Mexico.
  • June 2024: Saint-Gobain acquired FOSROC to reinforce its global construction-chemicals footprint and deepen its liquid-applied portfolio.

Table of Contents for Liquid Applied Membrane Industry Report

1. Introduction

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Growing Usage of Waterproofing Membranes for Building Longevity
    • 4.2.2 Cost-Effective Retrofitting for Aging Roofs in Mature Economies
    • 4.2.3 Infrastructure Boom in APAC And Africa
    • 4.2.4 Regulations Mandating VOC-Free Solutions
    • 4.2.5 Rapid Adoption of PV-Ready Liquid Roof Skins
  • 4.3 Market Restraints
    • 4.3.1 Availability of Sheet and Prefabricated Membranes
    • 4.3.2 Volatile Petrochemical Feedstock Prices
    • 4.3.3 Applicator Skill Shortages in Emerging Markets
  • 4.4 Value Chain Analysis
  • 4.5 Porter's Five Forces
    • 4.5.1 Bargaining Power of Suppliers
    • 4.5.2 Bargaining Power of Consumers
    • 4.5.3 Threat of New Entrants
    • 4.5.4 Threat of Substitutes
    • 4.5.5 Degree of Competition

5. Market Size and Growth Forecasts (Value)

  • 5.1 By Type
    • 5.1.1 Cementitious
    • 5.1.2 Bituminous
    • 5.1.3 Polyurethane
    • 5.1.4 Polyurea
    • 5.1.5 Acrylic (Dispersion)
    • 5.1.6 PMMA
    • 5.1.7 Hybrid (polyurethane/polyurea (PU/PUA), modified polyurethane-bituminous, etc.)
  • 5.2 By Application
    • 5.2.1 Roofing
    • 5.2.2 Walls
    • 5.2.3 Underground and Tunnels
    • 5.2.4 Other Applications (Floors, Balconies, Walkways, Podiums, Tanks, Potable Water Tanks, Planter Boxes, etc.)
  • 5.3 By End-use Sector
    • 5.3.1 Residential
    • 5.3.2 Commercial
    • 5.3.3 Industrial
    • 5.3.4 Institutional and Infrastructure
  • 5.4 Geography
    • 5.4.1 Asia-Pacific
    • 5.4.1.1 China
    • 5.4.1.2 India
    • 5.4.1.3 Japan
    • 5.4.1.4 South Korea
    • 5.4.1.5 ASEAN
    • 5.4.1.6 Rest of Asia-Pacific
    • 5.4.2 North America
    • 5.4.2.1 United States
    • 5.4.2.2 Canada
    • 5.4.2.3 Mexico
    • 5.4.3 Europe
    • 5.4.3.1 Germany
    • 5.4.3.2 United Kingdom
    • 5.4.3.3 France
    • 5.4.3.4 Italy
    • 5.4.3.5 Russia
    • 5.4.3.6 Rest of Europe
    • 5.4.4 South America
    • 5.4.4.1 Brazil
    • 5.4.4.2 Argentina
    • 5.4.4.3 Rest of South America
    • 5.4.5 Middle-East and Africa
    • 5.4.5.1 Saudi Arabia
    • 5.4.5.2 South Africa
    • 5.4.5.3 Rest of Middle-East and Africa

6. Competitive Landscape

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share (%)/Ranking Analysis
  • 6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share, Products and Services, Recent Developments)
    • 6.4.1 Alchimica
    • 6.4.2 ARDEX Group
    • 6.4.3 Bostik
    • 6.4.4 Carlisle Companies Incorporated
    • 6.4.5 Fosroc Inc.
    • 6.4.6 GAF Materials LLC
    • 6.4.7 HB Fuller
    • 6.4.8 Holcim
    • 6.4.9 Johns Manville
    • 6.4.10 MAPEI SpA
    • 6.4.11 RPM INTERNATIONAL INC.
    • 6.4.12 Saint-Gobain
    • 6.4.13 Sika AG
    • 6.4.14 SOPREMA Group

7. Market Opportunities and Future Outlook

  • 7.1 White-space and Unmet-Need Assessment
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Global Liquid Applied Membrane Market Report Scope

Liquid-applied membrane (LAM) is a monolithic, fully bonded, liquid-based coating suitable for many waterproofing and roofing applications. Liquid membranes combine the properties of adhesive sheet membranes while adding significant technological advancements by creating an instant-setting coating. They combine the elastic properties of new-generation polymers with the waterproof characteristics of highly emulsified asphalt. The liquid-applied membrane market is segmented by type, application, and geography. The market is segmented by type into polyurethane, cementitious, bituminous, and other types. The market is segmented by application into roofing, walls, underground and tunnels, and other applications. The report also covers the market size and forecasts for the liquid-applied membrane market in 16 countries across major regions. Each segment's market sizing and forecasts are based on revenue (USD).

By Type
Cementitious
Bituminous
Polyurethane
Polyurea
Acrylic (Dispersion)
PMMA
Hybrid (polyurethane/polyurea (PU/PUA), modified polyurethane-bituminous, etc.)
By Application
Roofing
Walls
Underground and Tunnels
Other Applications (Floors, Balconies, Walkways, Podiums, Tanks, Potable Water Tanks, Planter Boxes, etc.)
By End-use Sector
Residential
Commercial
Industrial
Institutional and Infrastructure
Geography
Asia-Pacific China
India
Japan
South Korea
ASEAN
Rest of Asia-Pacific
North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Russia
Rest of Europe
South America Brazil
Argentina
Rest of South America
Middle-East and Africa Saudi Arabia
South Africa
Rest of Middle-East and Africa
By Type Cementitious
Bituminous
Polyurethane
Polyurea
Acrylic (Dispersion)
PMMA
Hybrid (polyurethane/polyurea (PU/PUA), modified polyurethane-bituminous, etc.)
By Application Roofing
Walls
Underground and Tunnels
Other Applications (Floors, Balconies, Walkways, Podiums, Tanks, Potable Water Tanks, Planter Boxes, etc.)
By End-use Sector Residential
Commercial
Industrial
Institutional and Infrastructure
Geography Asia-Pacific China
India
Japan
South Korea
ASEAN
Rest of Asia-Pacific
North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Russia
Rest of Europe
South America Brazil
Argentina
Rest of South America
Middle-East and Africa Saudi Arabia
South Africa
Rest of Middle-East and Africa
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Key Questions Answered in the Report

How large is the liquid-applied membranes market in 2025?

The liquid-applied membranes market size is valued at USD 7.36 billion in 2025.

What CAGR will liquid-applied coatings record through 2030?

Global revenue is forecast to expand at a 5.25% CAGR between 2025 and 2030.

Which region leads demand for liquid-applied waterproofing?

Asia-Pacific holds 53.25% of 2024 revenue and remains the fastest-growing region at 6.76% CAGR.

Why are polyurethane systems gaining share?

Polyurethane membranes combine high elasticity, UV stability, and solar-panel compatibility, supporting a 6.33% CAGR.

How do VOC rules influence product choice?

Stringent limits in California, Canada, and the EU push owners toward water-borne or 100% solids formulations that satisfy low-emission criteria.

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