The Global Water Resistant Paint Market was valued at USD 6,260.70 Million in 2023 and is projected to reach USD 7,967.60 Million by 2029, growing at a Compound Annual Growth Rate (CAGR) of 4.10% during the forecast period (2024–2029). This steady growth is fueled by rising demand from the construction sector, increasing infrastructure development in emerging economies, and a global emphasis on durable, long-lasting protective coatings for both industrial and commercial applications.

As industries and building owners prioritize asset protection against moisture, corrosion, and harsh environmental conditions, the focus shifts to the key manufacturers driving innovation in formulation, sustainability, and application technologies. In this blog, we profile the Top 10 Companies in the Water Resistant Paint Industry—a diverse mix of global chemical giants, specialty coating producers, and regional leaders shaping the future of protective surfaces.

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🔟 1. PPG Industries, Inc.

Headquarters: Pittsburgh, Pennsylvania, USA
Key Offering: AQUAPON, PITT-GUARD, SIGMAGUARD epoxy coatings

PPG Industries is a global leader in paints, coatings, and specialty materials. Its extensive portfolio includes high-performance water-resistant and waterproofing solutions for architectural, industrial, and protective applications. PPG’s R&D focuses on developing low-VOC and sustainable coating technologies.

Sustainability and Innovation Initiatives:

• Commitment to 40% of sales from sustainably advantaged products by 2025

• Development of fluoropolymer and polyurethane-based advanced water-resistant coatings

• Global supply chain enabling widespread availability of specialized coating systems

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9️⃣ 2. Akzo Nobel N.V.

Headquarters: Amsterdam, Netherlands
Key Offering: International® Protective Coatings, Dulux Protective Coatings

Akzo Nobel, the maker of iconic brands like Dulux, is a powerhouse in the protective and marine coatings market. The company offers a comprehensive range of water-resistant paints designed for extreme conditions, including epoxy, polyurethane, and polysiloxane technologies for infrastructure and industrial assets.

Sustainability and Innovation Initiatives:

• Pioneering water-based and bio-based resin technologies to reduce environmental impact

• Ambition to be a frontrunner in sustainability with carbon reduction targets across the value chain

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8️⃣ 3. The Sherwin-Williams Company

Headquarters: Cleveland, Ohio, USA
Key Offering: KEM AQUA®, Sher-Cryl® Waterproofing, Loxon® Masonry Coatings

Sherwin-Williams is one of the world’s largest producers of paints and coatings. Its product lines include advanced elastomeric and acrylic water-resistant paints for roofs, walls, and flooring systems, serving both the DIY and professional contractor markets globally.

Sustainability and Innovation Initiatives:

• Extensive range of low-odor, zero-VOC waterborne coatings

• Investment in R&D for next-generation permeability-resistant barrier coatings

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7️⃣ 4. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: MasterSeal, Styropor, Elastocoat

BASF, a leading chemical company, provides innovative solutions for construction chemicals, including integral concrete waterproofing systems and high-performance coating resins. Its products are crucial for creating durable, water-tight structures in civil engineering and building projects.

Sustainability and Innovation Initiatives:

• Development of CO2-reduced “green” binders for protective coatings

• Focus on circular economy principles in product design and manufacturing

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6️⃣ 5. RPM International Inc.

Headquarters: Medina, Ohio, USA
Key Offering: Tremco, Carboline, Stonhard

RPM International is a holding company with numerous subsidiaries specializing in specialty coatings, sealants, and building materials. Brands like Tremco and Carboline are renowned for their roofing, waterproofing, and corrosion protection systems used in commercial and industrial facilities worldwide.

Sustainability and Innovation Initiatives:

• MAP to Growth operational improvement strategy enhancing efficiency and profitability

• Expansion of product lines to include environmentally compliant, high-solids, and water-based coatings

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5️⃣ 6. Asian Paints Limited

Headquarters: Mumbai, India
Key Offering: Asian Paints SmartCare, Ultima, Ace

Asian Paints is India’s leading and Asia’s third-largest paint company. It has a strong portfolio of exterior emulsions and specialized waterproofing products designed for the unique climatic conditions of South Asia and the Middle East, driving its significant market share in emerging economies.

Sustainability and Innovation Initiatives:

• Strong focus on R&D for tropical weather-resistant formulations

• Investment in decorative and industrial coating segments to capture growth in infrastructure development

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4️⃣ 7. Kansai Paint Co., Ltd.

Headquarters: Osaka, Japan
Key Offering: Kansai Paint, Alesta, KCR

Kansai Paint is a major global paint and coating manufacturer with a significant presence in automotive and industrial coatings. Its protective coatings division offers robust water-resistant solutions for steel structures, bridges, and industrial plants, emphasizing durability and corrosion protection.

Sustainability and Innovation Initiatives:

• Development of innovative anti-corrosive primers and topcoats with extended service life

• Global expansion through strategic acquisitions in high-growth regions

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3️⃣ 8. MAPEI Corporation

Headquarters: Milan, Italy
Key Offering: Mapelastic, Mapeguard, Planiseal

MAPEI is a world leader in the manufacturing of adhesives, sealants, and chemical products for building. The company’s waterproofing systems, including crystalline coatings and flexible membrane solutions, are critical for below-grade and above-grade concrete protection.

Sustainability and Innovation Initiatives:

• Focus on products that contribute to LEED certification and green building standards

• Investment in recycling and waste-reduction technologies in production processes

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2️⃣ 9. SIKA AG

Headquarters: Baar, Switzerland
Key Offering: SikaProof, SikaTop, SikaGard

SIKA is a specialty chemicals company with a leading position in sealing, bonding, damping, reinforcing, and protecting products for the building sector and motor vehicle industry. Its waterproofing membranes and coating systems are engineered for long-term performance in demanding environments.

Sustainability and Innovation Initiatives:

• “More Value, Less Impact” sustainability strategy targeting resource efficiency

• Acquisition strategy to bolster its global footprint in construction chemicals

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1️⃣ 10. Henkel AG & Co. KGaA

Headquarters: Düsseldorf, Germany
Key Offering: Ceresit, Loctite, Thomsit

Henkel’s Adhesive Technologies business unit is a global market leader, offering a wide array of sealants and coating solutions under the Ceresit brand. These products are widely used in construction for tile adhesives, exterior insulation systems, and waterproofing membranes.

Sustainability and Innovation Initiatives:

• Commitment to 100% recyclable packaging and climate-positive operations by 2030

• Continuous innovation in silicone and polymer-based waterproofing technologies

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🌍 Outlook: The Future of Water Resistant Paint Is Smarter and Greener

The water resistant paint market is experiencing a significant transformation. While traditional solvent-based products maintain a presence, the industry is rapidly shifting towards eco-friendly formulations, smart coatings, and integrated waterproofing systems that offer enhanced performance and sustainability.

📈 Key Trends Shaping the Market:

• Accelerated adoption of waterborne and bio-based resin technologies to meet VOC regulations

• Growing demand for elastomeric roof coatings in commercial construction for energy efficiency

• Integration of nanotechnology for self-cleaning and microbe-resistant surfaces

• Rising investments in infrastructure rehabilitation projects across North America, Europe, and Asia-Pacific

The companies listed above are not only protecting global infrastructure—they’re driving the innovation needed for more resilient and sustainable built environments.

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