Top 10 Companies in the Two-Component Polyurethane Waterproof Coating Industry (2026): Market Leaders Driving Durability and Sustainability

In Business Insights
January 15, 2026


The Global Two-Component Polyurethane Waterproof Coating Market was valued at USD 1,862.68 Million in 2024 and is projected to reach USD 2,076.06 Million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 1.82% during the forecast period (2024–2030). This growth is sustained by robust construction activity worldwide, stringent infrastructure durability standards, and a significant industry shift towards low-VOC and environmentally friendly coating solutions.

As the construction and infrastructure sectors prioritize longevity and environmental compliance, the focus intensifies on the material innovators providing advanced protective solutions. In this analysis, we profile the Top 10 Companies in the Two-Component Polyurethane Waterproof Coating Industry—a group of global chemical specialists and regional leaders setting the benchmark for performance and sustainability in building protection.

Download FREE Sample Report: Two-Component Polyurethane Waterproof Coating Market – View in Detailed Research Report


🔟 1. Sika AG

Headquarters: Baar, Switzerland
Key Offering: Sika®-1a, Sikafloor®-261, SikaProof® A

Sika is a global leader in specialty chemicals for construction, commanding a significant share of the waterproofing market. Its extensive portfolio of two-component polyurethane systems is renowned for exceptional elasticity, chemical resistance, and long-term durability across demanding applications from bridge decks to roofing membranes.

Innovation and Sustainability Initiatives:

  • Pioneering low-VOC and solvent-free formulations
  • Strategic acquisitions to expand geographic and technological footprint
  • Commitment to sustainability targets via the “Sika Sustainability Compass”

9️⃣ 2. Oriental Yuhong Waterproof Technology Co., Ltd.

Headquarters: Beijing, China
Key Offering: Yuhong Polyurethane Coating Systems

Oriental Yuhong is China’s largest and a leading global manufacturer of waterproofing materials. The company’s two-component PU coatings are widely used in massive infrastructure projects across China and internationally, supported by extensive R&D and production capabilities.

Innovation and Sustainability Initiatives:

  • High investment in R&D for durable and green building materials
  • Focus on product performance for extreme climatic conditions
  • Expanding global distribution network

8️⃣ 3. BASF SE (includes BMI Group)

Headquarters: Ludwigshafen, Germany
Key Offering: MasterSeal M 100, Elastocoat® CC systems

BASF, through its construction chemicals division and the acquired BMI Group, is a major force in polyurethane coatings. Its MasterSeal and Elastocoat brands offer high-performance, durable solutions for concrete protection, roofing, and flooring applications, backed by strong technical support.

Innovation and Sustainability Initiatives:

  • Development of bio-based and circular raw materials
  • Solutions aligned with green building certifications (LEED, BREEAM)
  • Global production and innovation hubs

7️⃣ 4. Mapei S.p.A.

Headquarters: Milan, Italy
Key Offering: Mapelastic, Mapeband PU systems

Mapei is a world-leading manufacturer of construction adhesives and waterproofing products. Its two-component polyurethane offerings are known for their reliability in underground construction, wet areas, and industrial flooring, combining flexibility with high mechanical strength.

Innovation and Sustainability Initiatives:

  • Continuous R&D for improved application properties and curing times
  • Emphasis on product quality and environmental compatibility
  • Strong focus on training for applicators and distributors

Download FREE Sample Report: Two-Component Polyurethane Waterproof Coating Market – View in Detailed Research Report


6️⃣ 5. Pidilite Industries (Includes Polycoat)

Headquarters: Mumbai, India
Key Offering: Dr. Fixit PU Coatings, Fevicol PW S2

Pidilite is a dominant player in the Indian construction chemicals market, with its Dr. Fixit brand being highly recognized. The company offers robust two-component PU coatings for roofing, terraces, and basements, tailored for the specific climatic challenges of the South Asian region.

Innovation and Sustainability Initiatives:

  • Extensive distribution and retail penetration in India
  • Development of user-friendly, DIY-friendly products
  • Focus on water-borne technology to reduce environmental impact

5️⃣ 6. Fosroc International (Part of JMH Group)

Headquarters: Dubai, UAE
Key Offering: Nitoproof, Conbextra PU Systems

Fosroc provides advanced construction solutions globally, with a strong presence in emerging markets. Its two-component polyurethane coatings are engineered for heavy-duty industrial and infrastructure applications, offering superior protection against water ingress and chemical attack.

Innovation and Sustainability Initiatives:

  • Localized manufacturing and technical centers worldwide
  • Tailored solutions for infrastructure resilience
  • Investment in sustainable product development

4️⃣ 7. Kemper System GmbH & Co. KG

Headquarters: Vlotho, Germany
Key Offering: Kemperol 2K-PUR Liquid Waterproofing Systems

Kemper System is a specialist in liquid-applied roofing and waterproofing membranes. Its high-performance, cold-applied two-component PU systems are used on complex roof geometries and balconies, renowned for their seamless application and long service life.

Innovation and Sustainability Initiatives:

  • Specialization in cold-applied, solvent-free technologies
  • Strong focus on certified installer training programs
  • Products designed for refurbishment and new build projects

3️⃣ 8. Henkel AG & Co. KGaA (Includes Henkel Polybit)

Headquarters: Düsseldorf, Germany
Key Offering: Ceresit CL 51, Thioflex® 2K-PU

Henkel’s construction chemicals business offers a comprehensive range of products under brands like Ceresit. Its two-component polyurethane coatings provide dependable waterproofing for a variety of substrates, supported by the company’s strong brand reputation and technical expertise.

Innovation and Sustainability Initiatives:

  • Global R&D network driving product innovation
  • Commitment to reducing the carbon footprint of its solutions
  • Strong B2B and consumer channels

2️⃣ 9. Keshun Waterproof Technology Co., Ltd.

Headquarters: Shenzhen, China
Key Offering: Keshun Polyurethane Waterproof Coatings

Keshun is another major Chinese manufacturer competing strongly in the domestic and international markets. The company produces a wide array of two-component PU coatings known for their cost-effectiveness and consistent performance in residential and commercial construction.

Innovation and Sustainability Initiatives:

  • Large-scale production capacity to meet high demand
  • Investment in automated manufacturing processes
  • Expansion into Southeast Asian and Middle Eastern markets

1️⃣ 10. Saint-Gobain Weber (Includes activities of Maris Polymers)

Headquarters: Paris, France
Key Offering: weber.prim PU, weberdry PU 2K

Saint-Gobain Weber is a global specialist in building materials, offering efficient and sustainable solutions. Its two-component polyurethane coatings are designed for facade protection, floor sealing, and terrace waterproofing, emphasizing ease of application and durability.

Innovation and Sustainability Initiatives:

  • Integration of recycled content into product formulations
  • Development of solutions for energy-efficient buildings
  • Global network providing local technical support

Get Full Report Here: Two-Component Polyurethane Waterproof Coating Market – View in Detailed Research Report


🌍 Outlook: The Future of Waterproofing Is Smarter and Greener

The two-component polyurethane waterproof coating market is evolving beyond basic protection. The industry is increasingly focused on sustainability, digitalization, and enhanced functionality, driven by stricter regulations and the demand for longer-lasting, intelligent infrastructure.

📈 Key Trends Shaping the Market:

  • Accelerated adoption of water-based and solvent-free low-VOC formulations
  • Integration of smart technologies for coating performance monitoring
  • Development of bio-based polyols to reduce dependency on fossil fuels
  • Growing demand from renewable energy infrastructure (solar farms, wind turbine bases)

Get Full Report Here: Two-Component Polyurethane Waterproof Coating Market – View in Detailed Research Report

The companies profiled are not merely supplying materials—they are enabling the construction of more resilient, sustainable, and durable built environments for the future.