Australia Waterproofing Membrane Market Growth Analysis - Forecast Trends, Market Size, Share and Outlook (2025-2034)

Australia Waterproofing Membrane Market Trends

The growth of the Australia waterproofing membrane market is driven by their ability to significantly improve the durability of buildings, protecting them from water damage and extending their lifespan. They also preserve structural integrity by preventing moisture penetration, which can weaken the structure. Moreover, waterproofing membranes reduce long-term repair costs, making them a cost-effective solution. They also help prevent mould growth, thus improving indoor air quality. According to the International Trade Administration, the 2023-24 Federal Budget focused on enhancing Australia's USD 90 billion infrastructure pipeline, particularly in urban areas, which supported the demand for waterproofing solutions. This added protection increases property value due to the enhanced longevity and safety of buildings.

Opportunities for the Australia waterproofing membrane market are further strengthened as these solutions promote energy efficiency by maintaining stable indoor temperatures and preventing moisture-related energy loss. They also contribute to environmental sustainability by reducing water runoff. With easy installation, these membranes minimise construction downtime. Their versatility allows them to be applied in various areas, including basements, roofs, and decks. Additionally, they help maintain the aesthetic appeal of buildings by preventing water stains.

Australia Waterproofing Membrane Market Growth

The demand for the Australia waterproofing membrane market is increasing, as some products are UV-resistant, which extends their lifespan and effectiveness. These membranes help maintain consistent indoor temperatures by blocking external moisture, thus improving energy efficiency. Certain types are also chemical-resistant, providing additional durability. Waterproofing contributes to sustainable building practices by enhancing energy-saving designs and improving safety by preventing water infiltration, which can weaken building materials and create risks. According to the Australian Bureau of Statistics, the number of private new houses rose to 28,228 dwellings, an 11.4% increase from March and a 3.5% rise since June 2023. Waterproofing membranes also play a role in supporting energy-efficient building practices.

The Australia waterproofing membrane market revenue is impacted by its ability to ensure compliance with local building codes and regulations, thereby avoiding legal issues. These membranes safeguard foundations from water exposure, preventing cracks and structural damage. Waterproofing represents a long-term investment that enhances property value and longevity. Additionally, it improves comfort by maintaining dry, leak-free living spaces, and some membranes also provide fire resistance, offering extra protection against potential fire risks.

Australia Waterproofing Membrane Market Insights

• According to the International Trade Administration, the construction sector’s annual contribution of USD 162 billion drives the growth of the waterproofing membrane market, boosting demand for durable, water-resistant materials. As the sector expands, there is an increased need for advanced waterproofing solutions to protect structures from water damage, fostering market growth. 
• As reported by the Australian Bureau of Statistics, the 19.4% rise in new residential construction, totalling USD 7.14 billion, directly influences the demand for waterproofing membranes. With more homes being built, the need for effective moisture protection increases, driving the adoption of high-quality solutions to ensure long-term durability and enhance property value. 
• Industry reports state that the USD 4.92 billion in non-residential building values in January 2024 heightens the need for strong waterproofing systems. Commercial and industrial properties require reliable waterproofing to prevent water infiltration, safeguard structural integrity, and lower maintenance costs, thus benefiting the market for advanced membranes. 
• The waterproofing membrane market in the Queensland is expected to grow at a rate of 20.70% from 2024 to 2032.

Industry News

May 2023

CSIRO responded to concerns from the building industry by engaging with key stakeholders. The Australian Paint Approval Scheme (APAS) introduced updated waterproofing specifications to regulate previously unregulated products, while the Painting Contractor Certification Program (PCCP) established new accreditation categories for contractors.

May 2022

The National Construction Code (NCC) introduced changes to waterproofing standards, including the complete waterproofing of shower walls and new gradient requirements for surface finishes. The AS 3740:2021 standard mandated graded membranes for commercial wet areas, while housing could follow NCC Part 10.2 provisions to avoid grading.

Australia Waterproofing Membrane Market Drivers

Advancements in Technology and Product Innovation

The Australia waterproofing membrane market dynamics and trends is being shaped by significant technological advancements and product innovations. Manufacturers are increasingly focused on creating high-performance membranes with superior durability, extended lifespan, and better resistance to environmental elements such as UV rays, extreme temperatures, and chemicals. Innovations like self-healing membranes, which repair damage automatically, and breathable membranes, which allow moisture to escape while preventing water ingress, are becoming more popular. These cutting-edge solutions enhance the effectiveness of waterproofing systems, providing stronger protection, and driving market growth to meet the evolving demands of consumers. According to the International Trade Administration, 2024, Australia spends approximately USD 6 billion annually on water and wastewater treatment, spurring demand for advanced waterproofing solutions to safeguard treatment facilities and pipelines.

Growing Residential and Commercial Construction Activities

The continued growth in both residential and commercial construction in Australia is a key factor driving the development of the Australia waterproofing membrane market development. As the demand for new housing and commercial properties rises, so does the need for effective waterproofing solutions to protect against water damage. Significant investments in infrastructure projects, particularly in major cities like Sydney and Melbourne, have led to a surge in demand for reliable waterproofing products. Builders and developers are increasingly recognising the importance of using high-quality membranes to safeguard properties, further expanding the market for these products in construction projects nationwide. As reported by the Australian Bureau of Statistics, new private sector house commencements rose by 1.7% to 25,732 dwellings in June 2024, fueling market growth. With the construction of more homes, the need for dependable waterproofing solutions to safeguard these buildings from water damage continues to rise.

Opportunities in the Australia Waterproofing Membrane Market

A notable trend in the Australia waterproofing membrane market is the increase in renovation and retrofitting projects. Older buildings, especially those with outdated waterproofing systems, are being upgraded to enhance water resistance and energy efficiency. As there is a growing emphasis on prolonging the life of existing structures, property owners and developers are opting for modern waterproofing membranes. This trend is driven not only by the need to safeguard buildings from water damage but also by the focus on improving building performance in terms of energy efficiency, sustainability, and overall comfort. According to the Department of Home Affairs, in 2022-23, 3,818,495 visitor visas were issued, a rise of 2,686,605 from the previous year. This increase in tourism is boosting demand for short-term accommodations, including vacation rentals and platforms like Airbnb, benefitting property owners.

Market Restraints

The Australia waterproofing membrane market faces several restraints, including high initial costs for premium products, which deter price-sensitive consumers. The complex installation process requires skilled labour, limiting adoption, especially in remote areas. Environmental concerns over chemical composition, such as VOCs, and disposal issues also affect market growth.

Limited consumer awareness, particularly in smaller projects, and dependency on weather conditions during application further hinder the market. Competition from alternative solutions, like liquid-applied membranes, and regulatory challenges add to the difficulties. Additionally, the availability of low-cost imported products, often of lower quality, challenges local manufacturers, restricting the growth of the sector.

Australia Waterproofing Membrane Market Share

Market Analysis by Raw Material

According to the Australia waterproofing membrane market analysis, mModified bitumen membranes dominate the sector market due to their enhanced flexibility and durability, making them well-suited for Australia's varied climate. These membranes offer exceptional protection against extreme temperatures, UV exposure, and harsh weather, reducing maintenance costs and extending building lifespan. Bitumen is primarily produced by Viva Energy at their Geelong Refinery, which is the country’s sole bitumen manufacturer, supplying paving-grade products nationwide and further supporting the waterproofing membrane market. Additionally, these membranes are cost-effective, easy to install, and highly reliable.

The growth of the Australia waterproofing membrane market is also driven by PVC membranes, which are highly resistant to water, chemicals, and UV degradation. These membranes are lightweight, flexible, and easy to install, offering superior durability. The Vinyl Council of Australia advocates for the sustainability of PVC products, promoting product stewardship and best manufacturing practices. PVC membranes contribute to energy efficiency by reducing heating and cooling costs and are environmentally friendly due to their recyclability.

Market Analysis by Type

According to the Australia waterproofing membrane market report, hot liquid-applied membranes are leading the market due to their superior durability and resistance to extreme weather, making them ideal for Australia's harsh climate. This segment is expected to grow at a CAGR of 4.90% from 2024 to 2032. They form strong, continuous coatings for long-lasting waterproofing and are ideal for large-scale projects. ARDEX, with their "WeldTec" series, is a prominent brand offering these membranes, which are particularly favoured for exposed areas due to their heat resistance and UV stability.

The demand for cold liquid-applied membranes in the Australia waterproofing membrane market is increasing, as they provide a fast and easy application process without the need for heat or flames, ensuring safety in confined spaces. They provide seamless waterproofing that reduces leak risks and are highly flexible, durable, and suitable for various applications. Industry reports highlight that these liquid membranes set instantly as a fully bonded membrane without joins or seams. Their unique formulation allows for 1,100% elasticity and over 95% memory, making them suitable for extensive roof movement.

Market Analysis by Application

The opportunities in the Australia waterproofing membrane market are driven increasing due to by their role in water and waste management systems, where they prevent leaks and ensure the containment of water and waste. This segment expected to grow at a CAGR of 4.90% between 2024 and 2032. These membranes improve infrastructure longevity, reduce maintenance costs, and protect the environment. According to the International Trade Administration, the Water and Wastewater Treatment Equipment Market imported USD 1,034 million in 2022, highlighting the importance of these membranes in maintaining the integrity of water treatment and storage systems.

The development of the Australia waterproofing membrane market is driven by their role in protecting bridges and highways. These membranes prevent water infiltration, reducing the risk of corrosion and damage. They extend the lifespan of these essential structures, enhance safety, and lower long-term maintenance costs. In Australia’s varied climate, they offer protection against moisture, chemicals, and extreme temperatures. According to the Australian government, the total paved road length in the country was estimated at 427,000 kilometres in 2022.

Australia Waterproofing Membrane Market Regional Insights

New South Wales Waterproofing Membrane Market Regional Insights

According to the Australia waterproofing industry analysis, the New South Wales market is benefiting from a surge in construction activity, which is increasing the demand for waterproofing solutions. These membranes help to improve durability and protect buildings from water damage, extending their lifespan and boosting property value. The 2023 NSW Budget allocated AUD 23 billion for infrastructure projects, with a particular focus on transport and housing to manage population growth and enhance regional connectivity.

Queensland Waterproofing Membrane Market Trends

Queensland’s market is seeing growth due to rising construction and renovation, especially in coastal areas. Waterproofing membranes offer protection from extreme weather and moisture damage, improving structural integrity and reducing maintenance costs. The Australian government’s 2024/25 budget outlines USD 21.6 billion for Queensland’s Infrastructure Investment Program over the next decade, supporting major road, rail, and smaller projects.

Western Australia Waterproofing Membrane Market Dynamics

Western Australia’s market benefits from large-scale infrastructure projects, with this segment expected to grow at a CAGR of 5.80% between 2024 and 2032. Waterproofing membranes help prevent water infiltration, ensuring structural integrity and increasing building longevity, driving sector growth. The 2023/24 WA State Budget includes a significant USD 11.2 billion investment in regional infrastructure, with 9% funded by Royalties for Regions.

Competitive Landscape

The Australia waterproofing membrane market key players provide innovative solutions for concrete, waterproofing, and building materials, with a focus on enhancing the performance and sustainability of construction projects. These companies offer a wide range of products, including high-quality waterproofing membranes, admixtures, and concrete curing agents, designed to improve the durability and longevity of structures. With a strong commitment to innovation, they invest in research and development to deliver cutting-edge solutions that meet the evolving needs of the construction industry.

Key Industry Players

Bostik Australia Pty. Ltd.: It was established in 1960, and is headquartered in Sydney, Australia. The company specialises in innovative adhesive solutions for a range of industries, including construction, automotive, and packaging. Bostik provides durable waterproofing products and solutions to the Australian market, contributing to infrastructure and building projects.

Concrete Durability and Waterproofing Solutions Pty Ltd: It was Ffounded in 2008, is and based in Sydney, Australia, t. The company offers high-performance waterproofing systems and concrete protection solutions. Their products are designed to improve the durability and integrity of construction projects, particularly in the commercial and residential sectors across Australia.

GCP Applied Technologies Inc.: It GCP Applied Technologies was established in 2016, and has a significant presence in Australia with its headquarters in Massachusetts, United StatesSA. The company specialises in construction chemicals, including waterproofing membranes, admixtures, and other building materials. GCP’s innovative products help improve the performance and sustainability of construction projects in Australia.

Mapei Australia Pty Ltd: It Mapei was founded in 1986, and is headquartered in Melbourne, Australia. The company provides a range of products for construction, including waterproofing membranes, adhesives, and chemical solutions. Mapei’s focus is on creating high-performance, sustainable materials that support the durability and efficiency of construction and renovation projects.

Other key players in the Australia waterproofing membrane market report are Soprema Australia Pty Ltd, Sika Australia Pty Ltd, Fatra Australia, and Waterproofing Technologies Pty Ltd, among others.

Recent Developments

October 2023

The "Construction & Waterproofing in 2023 and Beyond" seminar in Melbourne, gathered experts from the construction industry, discussing key issues such as design, legal regulations, best practices, and innovation. The full-day event provided insights for contractors, manufacturers, suppliers, designers, and project managers, exploring the industry's current state. 

June 2023

Wedi was honoured with the "Australian Enterprise Award" for its outstanding performance in Australia. The award, presented by APAC Insider, recognised wedi for its innovative waterproof shower systems, marking its first win in this prestigious category for the Asia-Pacific region.