Top 10 Companies in the Polyurethane Bonded Waterproof Coating Industry (2025): Market Leaders Driving Global Waterproofing Innovation

In Business Insights
September 28, 2025


The Global Polyurethane Bonded Waterproof Coating Market was valued at US$ 850 Million in 2022 and is projected to reach US$ 1.4 Billion by 2029, growing at a Compound Annual Growth Rate (CAGR) of 7.5% during the forecast period (2022–2029). This growth is being driven by rising demand for durable protective solutions in construction, automotive, and industrial applications, coupled with increasing focus on sustainable, water-resistant materials amid urbanization and climate challenges.

As industries prioritize durability, environmental compliance, and advanced protection against moisture, the focus turns to leading manufacturers innovating in polyurethane bonded waterproof coatings. These materials, known for high strength, elongation, and water resistance through moisture-curing processes, are essential for safeguarding surfaces in diverse sectors. In this blog, we profile the Top 10 Companies in the Polyurethane Bonded Waterproof Coating Industry—a blend of global chemical giants, specialty coaters, and innovators pushing boundaries in eco-friendly formulations and application technologies.


🔟 1. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: Polyurethane Emulsion Coatings, Dispersion Coatings, and Aqueous Solution Variants

BASF stands as a pioneer in the chemical industry, delivering comprehensive polyurethane bonded waterproof coatings tailored for construction, textiles, and automotive uses. Their portfolio emphasizes high-performance, one-component systems that cure via moisture reaction, providing robust barriers against water ingress while maintaining flexibility and adhesion on various substrates. With a global network of production facilities, BASF ensures reliable supply to meet the escalating needs of infrastructure projects worldwide.

Because of their commitment to research and development, BASF integrates advanced polyether and isocyanate formulations to enhance durability. Furthermore, their coatings support applications from roofing membranes to leather finishing, demonstrating versatility in the market. However, what sets them apart is the ongoing evolution toward lower environmental impact without compromising efficacy.

Sustainability Initiatives:

  • Development of low-VOC polyurethane formulations to reduce emissions

  • Investments in bio-based raw materials for greener coating production

  • Certification programs ensuring compliance with global eco-standards like REACH and LEED

Download FREE Sample Report: Polyurethane Bonded Waterproof Coating Market – View in Detailed Research Report


9️⃣ 2. Sika Group

Headquarters: Baar, Switzerland
Key Offering: Polyurethane Dispersion Coatings, Waterproof Membrane Systems

Sika Group excels in construction chemicals, offering polyurethane bonded waterproof coatings that excel in demanding environments like bridges, tunnels, and buildings. Their products feature catalyst-enhanced formulations for superior adhesion and elongation, curing effectively in humid conditions to form seamless protective layers. Operating in over 100 countries, Sika supports a wide array of projects by providing tailored solutions that extend the lifespan of structures.

The company’s strength lies in its integrated approach, combining coatings with sealants and adhesives for comprehensive waterproofing. This holistic strategy has made Sika a preferred partner for engineers facing complex moisture challenges. Moreover, their focus on innovation ensures that coatings meet evolving standards for performance and safety.

Sustainability Initiatives:

  • Promotion of water-based polyurethane systems to minimize solvent use

  • Partnerships with recycling programs to support circular economy principles

  • Targets for carbon-neutral production sites by 2050


8️⃣ 3. Saint-Gobain

Headquarters: Courbevoie, France
Key Offering: Polyurethane Aqueous Solution Coatings, Industrial Waterproof Solutions

Saint-Gobain, a leader in sustainable materials, provides polyurethane bonded waterproof coatings designed for the building and industrial sectors. These coatings, formed through addition polymerization of isocyanates and polyethers, deliver high water resistance and strength, ideal for protecting metals, wood, and concrete from corrosion and degradation. Their global presence enables efficient distribution and technical support across continents.

What makes Saint-Gobain’s offerings notable is their emphasis on multi-functional properties, such as UV resistance and anti-microbial additives, enhancing long-term protection. As urbanization accelerates, their solutions address the growing need for resilient infrastructure. Therefore, they continue to refine formulations for better application ease and environmental footprint.

Sustainability Initiatives:

  • Initiatives to replace fossil-based inputs with renewable alternatives

  • Energy-efficient manufacturing processes reducing overall emissions

  • Collaboration on green building certifications worldwide


7️⃣ 4. MAPEI Group

Headquarters: Milan, Italy
Key Offering: Polyurethane Emulsion Coatings, Specialized Waterproofing for Construction

MAPEI Group specializes in adhesives and chemicals, with polyurethane bonded waterproof coatings that provide exceptional elasticity and waterproofing for floors, walls, and roofs. Utilizing anhydrous fillers and solvents in a balanced mix, their one-component products cure via moisture to form durable, high-elongation films. With operations in nearly 60 countries, MAPEI caters to both commercial and residential projects effectively.

Their coatings are particularly valued in restoration and new builds, where seamless application prevents leaks and structural damage. Because of rigorous testing, MAPEI ensures compliance with international standards, building trust among professionals. Furthermore, ongoing R&D focuses on adapting to diverse climatic conditions.

Sustainability Initiatives:

  • Development of solvent-free polyurethane variants

  • Support for sustainable construction through certified low-impact products

  • Reduction in packaging waste via eco-friendly materials

Download FREE Sample Report: Polyurethane Bonded Waterproof Coating Market – View in Detailed Research Report


6️⃣ 5. Henry Company

Headquarters: El Segundo, California, USA
Key Offering: Polyurethane Dispersion Coatings, Roofing and Foundation Waterproofing

Henry Company is renowned for roofing and building envelope solutions, offering polyurethane bonded waterproof coatings that excel in harsh weather conditions. These coatings, processed with catalysts for optimal curing, provide high adhesion to substrates like concrete and metal, ensuring long-lasting protection. Their North American base supports extensive service to the construction industry.

Henry’s products stand out for their ease of application and resistance to ponding water, making them ideal for flat roofs and basements. However, their innovation extends to hybrid formulations that combine polyurethane with other polymers for enhanced performance. This approach helps clients achieve cost-effective, reliable waterproofing.

Sustainability Initiatives:

  • Introduction of reflective coatings to reduce urban heat island effects

  • Programs for product recyclability and waste minimization

  • Alignment with ENERGY STAR and similar energy-efficiency standards


5️⃣ 6. Dow Corning (Dow Inc.)

Headquarters: Midland, Michigan, USA
Key Offering: Polyurethane Aqueous Solution Coatings, Silane-Modified Polyurethane Hybrids

Dow Corning, now part of Dow Inc., brings silicone expertise to polyurethane bonded waterproof coatings, creating advanced hybrids with superior flexibility and water repellency. These moisture-curing coatings incorporate polyethers and isocyanates for industrial applications in automotive and marine sectors. Global manufacturing capabilities ensure consistent quality.

Their coatings are engineered for extreme environments, offering resistance to chemicals and abrasion alongside waterproofing. Because of this, they are widely used in protective gear and equipment coatings. Moreover, Dow’s research into nanotechnology enhances durability, positioning them as innovators in the field.

Sustainability Initiatives:

  • Focus on bio-derived polyols for polyurethane synthesis

  • Life-cycle assessments to optimize environmental impact

  • Goals for 100% renewable energy in key facilities by 2030


4️⃣ 7. Jotun A/S

Headquarters: Sandefjord, Norway
Key Offering: Polyurethane Emulsion Coatings, Marine and Industrial Waterproof Solutions

Jotun A/S is a global leader in paints and coatings, providing polyurethane bonded waterproof products for marine, oil & gas, and protective applications. Their formulations, enhanced with fillers for strength, cure to form elastic, water-impermeable layers suitable for immersion and exposure. With a presence in over 90 countries, Jotun delivers specialized solutions.

Jotun’s coatings are prized for their anti-corrosive properties, extending asset life in challenging settings. Furthermore, their commitment to customization allows adaptation to specific project needs. This flexibility has solidified their market position.

Sustainability Initiatives:

  • Antifouling technologies reducing fuel consumption in marine applications

  • Shift toward waterborne polyurethane systems

  • Net-zero emissions ambition by 2050


3️⃣ 8. Pazkar Ltd.

Headquarters: Ashdod, Israel
Key Offering: Polyurethane Dispersion Coatings, Bitumen-Polyurethane Hybrids

Pazkar Ltd. focuses on waterproofing technologies, offering polyurethane bonded coatings that combine with bitumen for enhanced performance in roofing and underground structures. These one-component systems cure via atmospheric moisture, providing high elongation and puncture resistance. Their Middle Eastern base supports exports to arid and temperate regions alike.

Their products address unique challenges like seismic activity and extreme temperatures, making them vital for infrastructure in developing areas. However, Pazkar’s emphasis on quality control ensures reliability. As demand grows, they expand production to meet it.

Sustainability Initiatives:

  • Development of durable coatings to minimize maintenance and waste

  • Integration of recycled materials in formulations

  • Compliance with ISO 14001 environmental management standards


2️⃣ 9. Polycoat Products

Headquarters: Santa Fe Springs, California, USA
Key Offering: Polyurethane Aqueous Solution Coatings, Plural Component Systems

Polycoat Products specializes in high-performance polyurea and polyurethane coatings, including bonded waterproof variants for industrial and commercial use. Their solvent-based and water-based options cure rapidly, offering immediate protection against water and chemicals. Serving North America primarily, they provide on-site application services.

Polycoat’s fast-curing technology reduces downtime in projects, appealing to contractors. Because of their expertise in plural-component spraying, they achieve thick, seamless applications. This innovation drives efficiency in large-scale waterproofing.

Sustainability Initiatives:

  • Promotion of 100% solids coatings to eliminate VOCs

  • Educational programs on sustainable application practices

  • Partnerships for energy-efficient infrastructure protection

Download FREE Sample Report: Polyurethane Bonded Waterproof Coating Market – View in Detailed Research Report


1️⃣ 10. Progressive Painting Contractors

Headquarters: Houston, Texas, USA
Key Offering: Polyurethane Emulsion Coatings, Custom Waterproofing Services

Progressive Painting Contractors combines manufacturing with application services, delivering polyurethane bonded waterproof coatings for oil & gas, construction, and containment projects. Their coatings feature high-strength prepolymers for superior bonding and resistance. With a U.S.-centric operation, they ensure quick response to domestic needs.

Their end-to-end service model, from formulation to installation, guarantees optimal results. Furthermore, customization for specific substrates like steel and concrete sets them apart. As regulations tighten, their compliant solutions gain traction.

Sustainability Initiatives:

  • Use of green-certified materials in all projects

  • Waste reduction strategies in application processes

  • Training for eco-conscious installation techniques

Read Full Report: Polyurethane Bonded Waterproof Coating Market – View in Detailed Research Report


🌍 Outlook: The Future of Polyurethane Bonded Waterproof Coating Is Sustainable and Advanced

The polyurethane bonded waterproof coating market is evolving rapidly. While traditional formulations remain prevalent, the sector is channeling significant resources into eco-friendly alternatives, nanotechnology integrations, and smart application methods to combat climate-induced moisture threats.

Driven by global urbanization, stricter building codes, and the push for resilient materials, these coatings are becoming indispensable in protecting assets from water damage. For instance, the leather, rubber, metal, textile, and wood industries increasingly rely on these solutions for enhanced product longevity. However, the real transformation lies in sustainability—manufacturers are shifting toward water-based and bio-derived polyurethanes to lower environmental impacts. This transition not only addresses regulatory pressures but also meets consumer demand for green products.

Looking ahead, the market’s growth trajectory reflects broader trends in construction and manufacturing. In regions like Asia-Pacific, rapid infrastructure development fuels demand, while Europe emphasizes energy-efficient and low-emission coatings. North America focuses on industrial applications, and emerging markets in South America and Africa present untapped potential. Challenges such as raw material volatility and supply chain disruptions persist, but innovations like self-healing coatings and AI-optimized formulations promise to overcome them.

Moreover, the segment analysis highlights polyurethane emulsion coatings leading due to their ease of use and versatility, projected to capture significant shares. Applications in the textile and wood industries are expanding, driven by e-commerce and furniture booms. Regional dynamics show China and the U.S. as key players, with Europe advancing in regulatory compliance. Competitor landscapes indicate that top firms hold substantial revenue shares, fostering healthy rivalry that spurs progress.

📈 Key Trends Shaping the Market:

  • Expansion of water-based and low-VOC formulations in response to environmental regulations

  • Mandates for sustainable materials in green building certifications by 2030

  • Digital tools for coating application and performance monitoring

  • Strategic alliances between manufacturers and end-users for customized solutions

Read Full Report: Polyurethane Bonded Waterproof Coating Market – View in Detailed Research Report

The companies profiled are not only shielding industries from water threats—they’re leading the sustainable protection revolution, ensuring a drier, greener future for global applications.