India Waterproofing Solutions - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2026 - 2031)
Market Report I 2026-01-16 I 120 Pages I Mordor Intelligence
India Waterproofing Solutions Market Analysis
The India Waterproofing Solutions Market is expected to grow from USD 1.27 billion in 2025 to USD 1.36 billion in 2026 and is forecast to reach USD 1.94 billion by 2031 at 7.31% CAGR over 2026-2031. Robust public spending under the National Infrastructure Pipeline, stricter building codes focused on climate resilience, and a clear customer pivot toward preventive maintenance keep the India Waterproofing Solutions market on a stable growth path despite raw-material cost swings. Membranes remain the favored technology because they combine proven performance in aggressive monsoon conditions with the extended warranties demanded by developers and affluent homeowners. Residential construction drives premiumization, while commercial, industrial, and infrastructure projects create scale for advanced systems such as heat-reflective hybrid membranes. Competitive intensity is high as diversified paint majors and specialized chemical suppliers race to improve reseaarch and development, strengthen applicator networks, and comply with the Bureau of Indian Standards' upgraded waterproofing specifications.
India Waterproofing Solutions Market Trends and Insights
Rapid Urbanization and Affordable-Housing Stimulus
India adds more than 10 million urban residents each year, and the Pradhan Mantri Awas Yojana alone targets 20 million new affordable units by 2025. Developers increasingly specify preventive waterproofing at the design stage because retrofits cost up to five times more than original installation. Budget 2024-25 earmarked USD 144 billion for climate-resilient infrastructure, a move that directly links funding to BIS-compliant waterproofing. Smart-City projects in 100 municipalities have elevated demand for membranes that perform in underground metro stations, multilevel parking structures, and mixed-use towers. Vertical construction in dense urban cores favors cold liquid applied membranes, which adapt to complex geometries without joints that could fail under differential settlement.
Adoption of Hybrid Liquid Membranes with Heat-Reflectivity
Hybrid liquid membranes that combine waterproofing with near-infrared reflectance reduce rooftop temperatures by as much as 15 C during peak summer, lowering HVAC energy loads and helping buildings qualify for IGBC and LEED points. Asian Paints and Sika AG have scaled polymer research and development to address durability and color-fastness concerns in India's ultraviolet-intense climate. Early adopters include data centers and manufacturing plants where energy savings compound quickly across large roof areas. The technology has begun penetrating residential high-rise projects, where reduced heat gain adds marketing value for developers targeting mid-premium buyers. Over the long term, broader rollout depends on lowering product cost through local raw-material sourcing and higher manufacturing volumes.
Fragmented Applicator Base Driving Workmanship Failures
Small contractors with limited formal training install about 80% of waterproofing systems nationwide, leading to inconsistent workmanship and premature failures.Urban developers increasingly mandate OEM-certified applicators, yet reaching India's sprawling construction market remains challenging. Manufacturers fund regional training centers, but retention of skilled labor is low because workers migrate between short-term projects. In the immediate term, workmanship failures erode end-user confidence and slow the shift toward premium membranes that require meticulous installation.
Other drivers and restraints analyzed in the detailed report include:
Intensifying Monsoons Prompting Climate-Resilient CodesShift Toward Low-VOC Nano-Penetrating TechnologiesLimited Tier-3/Rural Awareness for Preventive Waterproofing
For complete list of drivers and restraints, kindly check the Table Of Contents.
Segment Analysis
Membranes represented 65.62% of the India Waterproofing Solutions market share in 2025 and will maintain a 7.46% CAGR to 2031, reinforcing their status as the functional benchmark for demanding applications. Cold liquid applied membranes attract residential builders because they form seamless barriers over complex roof lines and cure without torches, enhancing job-site safety. Fully adhered sheet systems dominate large-format commercial roofs and podium slabs where proven 20-year field performance matters. Hot liquid variants address chemical plants and refineries, while loose-laid sheets support fast-track infrastructure projects by enabling pre-fabricated installation sequences.
Advanced elastomeric chemistry helps membranes bridge cracks up to 2 mm, a critical advantage in high-rise structures subject to differential movement. Warranties now extend to 12 years in premium residential segments, and digital inspection tools allow manufacturers to audit installations before issuing coverage. While chemicals retain relevance for localized repairs and niche substrates, the India Waterproofing Solutions market size for membranes keeps increasing as cost per square meter falls with scale. Strategic raw-material backward integration by major suppliers further cushions membrane pricing against crude-driven volatility.
The India Waterproofing Solutions Report is Segmented by Sub Product (Chemicals and Membranes), and End-Use Sector (Commercial, Industrial and Institutional, Infrastructure, and Residential). The Market Forecasts are Provided in Terms of Value (USD).
List of Companies Covered in this Report:
Ardex Group Asian Paints Berger Paints India Limited Bostik (Arkema) Choksey FixGuruu CICO Group Kryton International Inc. MAPEI S.p.A. MC-Bauchemie Pidilite Industries Ltd. Saint-Gobain Sika AG Soprema Group STP Limited, India Ultratech Cement Ltd. Xypex Chemical Corporation
Additional Benefits:
The market estimate (ME) sheet in Excel format
3 months of analyst support
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 Rapid urbanization and affordable-housing stimulus
4.2.2 Adoption of hybrid liquid membranes that add heat-reflectivity
4.2.3 Intensifying monsoons prompting climate-resilient codes
4.2.4 Home-owner premiumization and 10-year warranty demand
4.2.5 Shift toward low-VOC nano-penetrating technologies
4.3 Market Restraints
4.3.1 Fragmented applicator base driving workmanship failures
4.3.2 Crude-linked raw-material volatility hitting PU and bitumen
4.3.3 Limited tier-3 / rural awareness for preventive waterproofing
4.4 Value Chain Analysis
4.5 Porter's Five Forces
4.5.1 Threat of New Entrants
4.5.2 Bargaining Power of Suppliers
4.5.3 Bargaining Power of Buyers
4.5.4 Threat of Substitutes
4.5.5 Competitive Rivalry
5 Market Size and Growth Forecasts (Value)
5.1 By Sub Product
5.1.1 Chemicals
5.1.1.1 Epoxy-based
5.1.1.2 Polyurethane-based
5.1.1.3 Water-based
5.1.1.4 Other Technologies
5.1.2 Membranes
5.1.2.1 Cold Liquid Applied
5.1.2.2 Fully Adhered Sheet
5.1.2.3 Hot Liquid Applied
5.1.2.4 Loose-Laid Sheet
5.2 By End-Use Sector
5.2.1 Commercial
5.2.2 Industrial and Institutional
5.2.3 Infrastructure
5.2.4 Residential
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 for key companies, Products and Services, and Recent Developments)}
6.4.1 Ardex Group
6.4.2 Asian Paints
6.4.3 Berger Paints India Limited
6.4.4 Bostik (Arkema)
6.4.5 Choksey FixGuruu
6.4.6 CICO Group
6.4.7 Kryton International Inc.
6.4.8 MAPEI S.p.A.
6.4.9 MC-Bauchemie
6.4.10 Pidilite Industries Ltd.
6.4.11 Saint-Gobain
6.4.12 Sika AG
6.4.13 Soprema Group
6.4.14 STP Limited, India
6.4.15 Ultratech Cement Ltd.
6.4.16 Xypex Chemical Corporation
7 Market Opportunities and Future Outlook
7.1 White-space and Unmet-Need Assessment
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.