Asphalt blankets are a flexible, prefabricated waterproofing system produced based on asphalt modified with polymers and structural agents such as polyester, polyethylene, or fiberglass. The Global Asphalt Blankets Market was valued at USD 1.25 Billion in 2023 and is projected to reach USD 1.95 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 6.5% during the forecast period (2023–2030). This growth is being driven by rapid urbanization, increasing infrastructure development in emerging economies, and the rising demand for durable, eco-friendly waterproofing solutions in building roofing, basements, and underground structures.

As the construction industry shifts toward sustainable and resilient building practices, the focus is on innovative waterproofing providers who enhance durability, reduce environmental impact, and support green building standards. In this blog, we profile the Top 10 Companies in the Asphalt Blankets Industry—a blend of global manufacturers, specialized suppliers, and innovators advancing polymer-modified asphalt technologies for modern infrastructure needs.

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🔟 1. IKO Industries

Headquarters: Toronto, Ontario, Canada
Key Offering: Polymer-modified asphalt blankets, self-adhesive membranes, and fiberglass-reinforced systems

IKO Industries stands as a prominent leader in the asphalt blankets sector, delivering high-performance waterproofing solutions tailored for residential, commercial, and industrial applications worldwide. With a strong emphasis on innovation, the company produces flexible asphalt blankets that offer superior resistance to water infiltration and thermal stresses, making them ideal for roofing and foundation protection in diverse climates.

Sustainability Initiatives:

• Development of recyclable polymer components in asphalt formulations

• Partnerships with green building councils to promote low-VOC emissions

• Goal to achieve 30% reduction in carbon footprint by 2030 through efficient production

Download FREE Sample Report: Asphalt Blankets Market – View in Detailed Research Report

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9️⃣ 2. Soprema

Headquarters: Strasbourg, France
Key Offering: SBS-modified asphalt blankets, synthetic reinforced membranes, and liquid-applied systems

Soprema operates across more than 50 countries, providing comprehensive waterproofing solutions that include advanced asphalt blankets designed for demanding environments like underground tunnels and swimming pools. Their products excel in offering robust protection against moisture and chemical exposure, supporting the longevity of critical infrastructure.

Sustainability Initiatives:

• Investment in bio-based polymers for reduced reliance on petroleum derivatives

• Collaboration with architects to integrate energy-efficient waterproofing in LEED-certified buildings

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8️⃣ 3. Tremco Construction Products Group

Headquarters: Beachwood, Ohio, USA
Key Offering: Bituminous asphalt blankets, self-healing membranes, and hybrid waterproofing systems

Tremco leads in North American markets with its versatile range of asphalt blankets, particularly those featuring self-healing properties that repair minor punctures over time. Their solutions are extensively applied in basement waterproofing and commercial roofing, where durability against soil pressure and weather elements is paramount.

Sustainability Initiatives:

• Targets for 50,000 tons of recycled materials in production by 2028

• SAF-like eco-formulations to lower environmental impact in construction

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7️⃣ 4. TDM GRUPO

Headquarters: Bilbao, Spain
Key Offering: Polyester-reinforced asphalt blankets, torch-applied membranes, and prefabricated rolls

TDM GRUPO is a key European player, specializing in high-quality asphalt blankets for civil engineering applications, including underground tunnels and cesspools. Their products are engineered for easy installation and exceptional waterproofing efficacy, serving both public and private sector projects across the continent.

Sustainability Initiatives:

• Aim to incorporate 15% bio-polymers in all products by 2027

• Europe’s pioneering facility for low-emission asphalt blanket production

Download FREE Sample Report: Asphalt Blankets Market – View in Detailed Research Report

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6️⃣ 5. Roofway

Headquarters: Istanbul, Turkey
Key Offering: APP-modified asphalt blankets, fiberglass carriers, and multi-layer systems

Roofway delivers cost-effective yet high-performing asphalt blankets, primarily for building roofing and flower terraces in the Middle East and Asia-Pacific regions. Operating from strategic locations, they supply over 1 million square meters of material annually, supporting urban development initiatives.

Sustainability Initiatives:

• Certified eco-friendly blankets available at select international markets

• Net-zero goals for manufacturing operations by 2035

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5️⃣ 6. Dryko Impermeabilizantes

Headquarters: Bogota, Colombia
Key Offering: Aluminum asphalt blankets, polyethylene-backed membranes, and liquid waterproofing complements

Dryko Impermeabilizantes dominates in Latin America, offering innovative aluminum asphalt blankets that provide reflective properties for cooler roofing in tropical climates. Their portfolio caters to a wide array of applications, from residential basements to commercial underground structures.

Sustainability Initiatives:

• Current output exceeds 500,000 tons/year of sustainable variants

• Expansion plans to double eco-material production by 2026

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4️⃣ 7. Continental Materials, Inc.

Headquarters: Chicago, Illinois, USA
Key Offering: Fiberglass asphalt blankets, self-adhered rolls, and custom waterproofing kits

Continental Materials, Inc. plays a vital role in the U.S. market, supplying durable asphalt blankets for infrastructure projects like highways and bridges. Their focus on integration with concrete structures makes them indispensable for civil engineering applications.

Sustainability Initiatives:

• Limited but growing involvement in recycled content integration

• Local innovation programs for water-efficient manufacturing

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3️⃣ 8. BP Canada

Headquarters: Calgary, Alberta, Canada
Key Offering: Bitumen-based asphalt blankets, polymer-enhanced membranes, and industrial-grade systems

BP Canada leverages its oil expertise to produce premium asphalt blankets for North American construction, distributing to over 200 sites nationwide. Their products emphasize high adhesion and weatherproofing for basements and roofing in cold climates.

Sustainability Initiatives:

• Indigenous research into bio-asphalt alternatives

• Collaborations to scale low-impact production methods

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2️⃣ 9. SHANDONG MINGDING WATERPROOF MATERIALS

Headquarters: Jinan, Shandong, China
Key Offering: Polyethylene asphalt blankets, multi-layer composites, and export-oriented rolls

SHANDONG MINGDING is a powerhouse in Asia, refining and distributing large volumes of asphalt blankets for high-rise buildings and tunnels. Their facility conversions support the booming infrastructure in China and beyond, producing up to 1 million tons annually.

Sustainability Initiatives:

• Plans for 1 million tons/year of green asphalt blankets

• Ongoing supply chain enhancements for reduced waste

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1️⃣ 10. Soprema

Headquarters: Strasbourg, France (Global Operations)
Key Offering: Advanced polyester asphalt blankets, integrated waterproofing systems, and sustainable variants

As the top-ranked player, Soprema excels in logistics and distribution of asphalt blankets, serving over 5,000 clients including major contractors and governments worldwide. They specialize in end-to-end solutions that include consultation, supply, and after-sales support, ensuring optimal application across diverse projects.

Sustainability Initiatives:

• Full-spectrum eco-solutions for carriers and infrastructure

• Key partnerships with producers for circular economy practices

Read Full Report: Asphalt Blankets Market – View in Detailed Research Report

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🌍 Outlook: The Future of Asphalt Blankets Is More Sustainable and Resilient

The asphalt blankets market is evolving rapidly. While traditional formulations remain dominant, the sector is channeling significant investments into eco-friendly alternatives, advanced polymer technologies, and efficient distribution networks to meet the demands of green construction.

📈 Key Trends Shaping the Market:

• Rapid expansion of production capacity in Asia-Pacific, North America, and Europe

• Regulatory incentives for 10-20% sustainable content in waterproofing by 2030

• Digitalization of supply chains and performance tracking for predictive maintenance

• Strategic alliances between manufacturers and construction firms for integrated solutions

Read Full Report: Asphalt Blankets Market – View in Detailed Research Report

The companies highlighted here are not only protecting global structures—they’re leading the sustainable revolution in construction waterproofing.

To delve deeper into market dynamics, segment analysis, and competitive landscapes, explore our comprehensive report. With detailed forecasts up to 2032, it provides actionable insights for stakeholders in the asphalt blankets industry.

At 24chemicalresearch, we pride ourselves on delivering accurate, in-depth market intelligence that empowers businesses to make informed decisions. Our reports are crafted by industry experts, drawing from extensive surveys of manufacturers, suppliers, and end-users to ensure reliability and relevance.

Whether you’re a construction firm evaluating suppliers or an investor scouting opportunities, understanding the top players and emerging trends in asphalt blankets is crucial for staying ahead in this vital sector of the building materials market.