Top 10 Companies in the Modified Bituminous Waterproofing Membrane Market (2025): Market Leaders Protecting Global Infrastructure

In Business Insights
November 28, 2025

The Global Modified Bituminous Waterproofing Membrane Market was valued at USD 27.8 Billion in 2024 and is projected to reach USD 39.5 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 5.8% during the forecast period (2024–2030). This robust growth is being driven by increasing global construction activity, stringent building codes for energy efficiency and durability, and the accelerating adoption of advanced polymer-modified bitumen solutions across residential, commercial, and industrial sectors.

As the construction industry prioritizes resilient and long-lasting building envelopes, the spotlight is on the key membrane manufacturers who are driving innovation, product performance, and sustainable construction practices. In this blog, we profile the Top 10 Companies in the Modified Bituminous Waterproofing Membrane Industry—a mix of global chemical giants, specialized waterproofing experts, and regional leaders shaping the future of infrastructure protection.

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🔟 1. Johns Manville

Headquarters: Denver, Colorado, USA
Key Offering: SBS & APP Modified Bitumen Membranes, Roofing Systems

Johns Manville, a Berkshire Hathaway company, is a leading global manufacturer of building insulation and roofing systems. Their modified bitumen product line is renowned for its durability, flexibility, and performance in extreme weather conditions, serving commercial and industrial roofing markets worldwide.

Innovation & Sustainability Initiatives:

  • Development of high-reflectivity and cool roofing membranes

  • Investment in recycling programs for roofing materials

  • Commitment to sustainable manufacturing processes and product life cycle assessment


9️⃣ 2. Sika AG

Headquarters: Baar, Switzerland
Key Offering: Sikaplan® Membranes, Sarnafil® Systems

Sika is a specialty chemicals company with a powerful presence in the waterproofing market. Through its Sarnafil and Sikaplan brands, it offers a comprehensive portfolio of polymer-modified membranes for roofs, parking decks, and civil engineering applications, backed by extensive technical support.

Innovation & Sustainability Initiatives:

  • Pioneering thermoplastic polyolefin (TPO) and PVC membranes alongside modified bitumen

  • Global R&D centers focused on enhancing membrane longevity and installation efficiency


8️⃣ 3. Soprema Inc.

Headquarters: Strasbourg, France
Key Offering: Elastophene® (SBS), Imperbitumen® (APP), SOPRALOOP® Recycled Membranes

Soprema is a family-owned global leader in waterproofing and insulation. The company is known for its high-performance elastomeric and plastomeric membranes, with a strong focus on sustainable construction through its circular economy initiative, SOPRALOOP, which incorporates recycled materials into new products.

Innovation & Sustainability Initiatives:

  • Industry-leading membrane recycling and reuse program

  • Development of bio-sourced and high-recycled content membranes

Download FREE Sample Report:
Modified Bituminous Waterproofing Membrane Market – View in Detailed Research Report


7️⃣ 4. GCP Applied Technologies (Now part of Compagnie de Saint-Gobain)

Headquarters: Cambridge, Massachusetts, USA
Key Offering: PREPRUFE® & BITUTHENE® Membranes

Following its acquisition by Saint-Gobain, GCP’s waterproofing division has been integrated into a global construction solutions powerhouse. The company’s BITUTHENE modified bitumen membranes are a benchmark for below-grade waterproofing, offering superior protection for foundations and basements.

Innovation & Sustainability Initiatives:

  • Integration into Saint-Gobain’s multi-material sustainable construction ecosystem

  • Focus on pre-applied membranes that enhance construction speed and reliability


6️⃣ 5. Carlisle Construction Materials (CCM)

Headquarters: Carlisle, Pennsylvania, USA
Key Offering: Carlisle Sure-Seal® & Gotta-Cover® Membranes

Carlisle is a major force in the single-ply roofing and waterproofing industry in North America. While known for its EPDM and TPO membranes, its modified bitumen offerings under the Sure-Seal brand provide robust, multi-ply solutions for demanding commercial roofing projects.

Innovation & Sustainability Initiatives:

  • Wide network of certified installers ensuring quality application

  • Product development focused on wind uplift resistance and hail damage protection


5️⃣ 6. IKO Industries Ltd.

Headquarters: Brampton, Ontario, Canada
Key Offering: PermaBase®, Armourgard®, and other SBS/APP membranes

IKO is a globally recognized manufacturer of roofing and waterproofing products. The company produces a wide array of modified bitumen membranes suitable for various slopes and climates, supported by a strong distribution network across North America and Europe.

Innovation & Sustainability Initiatives:

  • Continuous investment in manufacturing automation and quality control

  • Development of energy-efficient roofing systems


4️⃣ 7. Firestone Building Products

Headquarters: Nashville, Tennessee, USA
Key Offering: UNIPLY™ & TSRM Modified Bitumen Systems

As a division of Bridgestone Americas, Firestone Building Products offers a complete roofing system portfolio. Their modified bitumen products are complemented by a full range of accessories and a strong emphasis on system warranties and technical support for roofing contractors.

Innovation & Sustainability Initiatives:

  • Leadership in cool roofing technology to reduce urban heat island effect

  • Commitment to environmental product declarations (EPDs)


3️⃣ 8. BASF SE (Master Builders Solutions)

Headquarters: Ludwigshafen, Germany
Key Offering: Masterseal® Membranes, Bitumen Modification Additives

BASF, through its Master Builders Solutions brand, is a key player not only as a membrane producer but also as a leading supplier of chemical additives used to modify bitumen. This dual role gives them deep expertise in material science, enabling high-performance, durable membrane formulations.

Innovation & Sustainability Initiatives:

  • R&D in polymer modifiers to enhance bitumen performance and longevity

  • Focus on solutions that contribute to energy-efficient buildings

Download FREE Sample Report:
Modified Bituminous Waterproofing Membrane Market – View in Detailed Research Report


2️⃣ 9. Baumerk Yapı ve Kimya

Headquarters: Istanbul, Turkey
Key Offering: SBS & APP Membranes for Roofing and Waterproofing

Baumerk is a leading building materials company in Turkey and the surrounding region. It has a significant market share in modified bitumen membranes, catering to the robust construction sectors in Europe, the Middle East, and North Africa with products known for their quality and competitive pricing.

Innovation & Sustainability Initiatives:

  • Expansion of production capacity to meet growing regional demand

  • Development of products suited for specific climatic challenges in its key markets


1️⃣ 10. Grupo Puma

Headquarters: Madrid, Spain
Key Offering: PUMASOIL®, PUMAFLEX® Modified Bitumen Systems

Grupo Puma is a prominent Spanish manufacturer of waterproofing and insulation products. The company has a strong presence in the Iberian Peninsula and Latin America, offering a diversified range of membranes that meet stringent European quality and performance standards.

Innovation & Sustainability Initiatives:

  • Investment in eco-friendly product lines with reduced environmental impact

  • Strategic focus on export growth and market diversification

Get Full Report Here:
Modified Bituminous Waterproofing Membrane Market – View in Detailed Research Report


🏗️ Outlook: The Future of Waterproofing Is Smarter and More Sustainable

The modified bituminous membrane market is undergoing a significant transformation. While traditional SBS and APP membranes continue to dominate due to their proven performance, the industry is rapidly embracing smarter materials, digitalization, and circular economy principles.

📈 Key Trends Shaping the Market:

  • Rising demand for cool roofing membranes to improve building energy efficiency

  • Increasing incorporation of recycled materials and bio-based modifiers to enhance sustainability

  • Growth of prefabricated and self-adhesive membranes to reduce installation time and labor costs

  • Expansion of green building certifications (LEED, BREEAM) driving specification of high-performance waterproofing systems

Get Full Report Here:
Modified Bituminous Waterproofing Membrane Market – View in Detailed Research Report

The companies listed above are not only protecting critical infrastructure from water damage—they’re building the foundation for a more resilient and sustainable built environment.