Wetroom Waterproofing Solutions Market worth $8.3 billion by 2028 | Key players Sika AG (Switzerland), BASF SE (Germany), MAPEI Corporation (Italy), Knauf Gypsum Pty Ltd (Australia), Henry Company (US).

According to recent market research the "Wetroom Waterproofing Solutions Market by Type (Fabric/Fleece Backed Sheet Membrane, Pre-Waterproofed Substrates, Shower Pan Liner), Raw material (Polyurethane, PVC, Polyurea, Acrylic, ABS, Polystyrene), Application, & Region - Global Forecast 2028", is expected to grow at a CAGR of 5.4% during the forecast period, from an estimated USD 6.4 billion in 2023 to USD 8.3 billion by 2028. This growth is being driven by the increasing demand for green buildings and sustainable construction practices, the growing popularity of wetroom showers and bathtubs, the need to prevent water damage from leaks and spills, and the rising awareness of the importance of waterproofing in preventing mold and mildew growth, provide growth opportunities for Wetroom waterproofing solutions Market.

Browse 221 market data Tables and 46 Figures spread through 236 Pages and in-depth TOC on "Wetroom Waterproofing Solutions Market - Global Forecast to 2028"
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The residential sector has emerged as the fastest-growing segment in the wetroom waterproofing market for several compelling reasons. The increasing demand for wetrooms in residential homes is due to their advantages, such as easy cleaning and maintenance, and the ability to create a more spacious and modern bathroom. Rising disposable incomes mean that homeowners are more likely to invest in high-quality wetroom waterproofing solutions. Government initiatives in many countries promote the use of wetrooms in residential homes as they are seen as a way to save water and energy. Technological advancements in wetroom waterproofing solutions have made them more effective and affordable. There is also a growing awareness among homeowners of the importance of waterproofing their wetrooms due to the increasing number of cases of water damage and mold growth in residential homes.

The "Refurbishment" uses segment is experiencing the fastest growing market share in the wetroom waterproofing market due to a combination of factors. Firstly, as existing buildings and structures age, there is a growing need to renovate and upgrade their features, including bathrooms. Wetrooms have gained popularity for their modern aesthetics and space-saving designs, making them a preferred choice during refurbishment projects. Additionally, many older buildings may not have initially incorporated advanced waterproofing technologies, leading to increased susceptibility to water damage over time. The "Refurbishment" segment addresses these issues by offering an opportunity to retrofit improved waterproofing systems, preventing leaks, mold growth, and other moisture-related problems. As the awareness of the importance of waterproofing grows, property owners and facility managers are increasingly investing in effective solutions during refurbishment to enhance both the structural integrity and visual appeal of their properties. The versatility of wetroom designs allows for creative adaptations in existing spaces, further driving the demand for waterproofing solutions within this segment.

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The North America region is emerging as the fastest-growing segment in the wetroom waterproofing market due to several factors driving its expansion. Firstly, there is a growing trend in North America towards modern and luxurious bathroom designs, including the adoption of wetrooms. The desire for spacious, stylish, and functional bathrooms has propelled the demand for wetroom installations. Moreover, increased disposable income levels and changing consumer preferences have led to a greater willingness to invest in home renovations and improvements, further boosting the adoption of wetrooms and the need for effective waterproofing solutions. Additionally, North America faces varying weather conditions and temperature fluctuations that necessitate robust moisture protection systems.

To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the Wetroom waterproofing solutions Market. These Sika AG (Switzerland), BASF SE (Germany), MAPEI Corporation (Italy), Knauf Gypsum Pty Ltd (Australia), Henry Company (US).

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BASF SE was established in 1965 in Ludwigshafen, Germany. BASF SE is a diversified chemical company and a leading manufacturer of wet room waterproofing solutions. The company has six operating business segments, namely, surface technologies, materials, chemicals, agricultural solutions, industrial solutions, and nutrition & care. It offers a broad range of chemicals, plastics, performance products, and crop protection products. The company manufactures wet room waterproofing solutions through its industrial solutions segment under dispersions and resins division. In its dispersions & resins and monomer divisions, the company provides key raw materials for the formulation of coatings and paints, printing and packaging products, paper, and more. BASF SE offers a wide range of wet room waterproofing solutions product under the brand name Acronal, Butofan, and Styrofan. The company caters to a wide range of end use industries including construction, pharmaceuticals, paints & coatings, energy, chemicals, agriculture, and others. BASF SE has a business presence in more than 80 countries across the Americas, Europe, Asia Pacific, Africa, and the Middle East. It has 13 operating divisions with 84 strategic business units. BASF operates globally through its subsidiaries, with more than 338 production sites worldwide.

Pidilite Industries Ltd. is a consumer-centric company committed to quality and innovation. The company has a broad and diverse product portfolio, ranging from adhesives, sealants, waterproofing solutions, and construction chemicals to arts & crafts, industrial resins, and polymers. The company is engaged in the manufacture of adhesives and glues, including rubber-based glues and adhesives. Its business segments include consumer & bazaar and business-to-business. The consumer & bazaar business segment includes adhesives, sealants, art & craft material, construction & paint chemicals, and others. These products are used by carpenters, painters, plumbers, mechanics, students, offices, and households. The business-to-business segment covers products such as industrial adhesives, synthetic resins, organic pigments, construction chemicals, pigment preparations, and surfactants. It offers wet room waterproofing solutions under the brand name Dr. Fixit in its consumer & bazaar business segment. It caters to various industries, such as packaging, textiles, paints, printing inks, paper, and leather. It has enhanced its international presence in 71 countries globally and has 8 manufacturing sites. The company's major subsidiaries are in Bangladesh, Sri Lanka, the US, Brazil, Thailand, Egypt, and the UAE The company's headquarters are in Kiyosu, Japan, and it was established in 1959.

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