The Global Sheet Based Waterproofing Membrane Market was valued at USD 23.63 Billion in 2025 and is projected to reach USD 40.03 Billion by 2034, growing at a Compound Annual Growth Rate (CAGR) of 7.9% during the forecast period. This robust expansion is propelled by the unprecedented growth in global infrastructure, stringent building regulations, and the rising demand for sustainable, high-performance construction materials.

As the construction industry increasingly prioritizes durability, energy efficiency, and environmental responsibility, the focus shifts to the innovative manufacturers behind the protective layers that safeguard buildings and infrastructure. In this blog, we profile the Top 10 Companies in the Sheet Based Waterproofing Membrane Industry—a diverse group of global leaders and specialized innovators defining the future of structural protection.

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🔟 10. IKO Industries Ltd.

Headquarters: Brampton, Ontario, Canada
Key Offering: Modified Bitumen, TPO, and EPDM Sheet Membranes

IKO Industries is a prominent manufacturer of roofing and waterproofing products with a significant presence in North America and Europe. The company offers a wide range of sheet membranes, including its high-performance TPO and rugged EPDM systems, known for their durability and weather resistance. IKO serves both residential and commercial markets with a focus on quality and reliability.

Innovation Initiatives:

• Development of energy-efficient, reflective TPO membranes

• Expansion of product lines with enhanced fire resistance ratings

• Investment in sustainable manufacturing processes and recyclable materials

Download FREE Sample Report: Sheet Based Waterproofing Membrane Market – View in Detailed Research Report

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9️⃣ 9. Johns Manville

Headquarters: Denver, Colorado, USA
Key Offering: TPO, PVC, and Modified Bitumen Roofing Systems

A Berkshire Hathaway company, Johns Manville is a leading building products manufacturer. Its roofing systems division produces advanced sheet membranes that are widely used in commercial and industrial applications. The company is recognized for its technical expertise, extensive R&D capabilities, and commitment to producing high-quality, durable waterproofing solutions.

Innovation Initiatives:

• Focus on manufacturing membranes with high solar reflectance for energy savings

• Development of specialized systems for challenging environments and complex roof designs

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8️⃣ 8. Bauder Ltd.

Headquarters: Ipswich, United Kingdom
Key Offering: Bitumen, PVC, and Green Roof Systems

Bauder is a UK-based specialist in flat roofing and waterproofing systems, with a strong reputation across Europe. The company provides comprehensive solutions that include high-performance bituminous and polymer-based sheet membranes. Bauder is particularly noted for its integrated approach, combining membranes with insulation and green roofing options.

Innovation Initiatives:

• Pioneering green roof and blue roof systems for sustainable urban drainage

• Investment in cold-applied, solvent-free membranes for safer installation

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7️⃣ 7. ARDEX Group

Headquarters: Witten, Germany
Key Offering: High-Performance Cementitious and Polymer Membranes

The ARDEX Group is a global leader in high-performance specialty building materials. While renowned for its flooring products, ARDEX offers advanced sheet and liquid-applied membrane systems for below-grade waterproofing, balconies, and terraces. Their products are characterized by rapid curing times and exceptional adhesion properties.

Innovation Initiatives:

• Development of flexible, crack-bridging waterproofing membranes

• Focus on user-friendly, pre-bagged systems that ensure mixing consistency

Download FREE Sample Report: Sheet Based Waterproofing Membrane Market – View in Detailed Research Report

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6️⃣ 6. TehnoNICOL

Headquarters: Moscow, Russia
Key Offering: Modified Bitumen, PVC, and PIB Membranes

TehnoNICOL is one of the largest producers of roofing and waterproofing materials in Russia and Eastern Europe. The company operates numerous production facilities and offers a vast portfolio of sheet membranes for all climatic conditions, including specialized solutions for permafrost regions. It holds a dominant position in the CIS market.

Innovation Initiatives:

• Extensive R&D focused on materials for extreme cold weather applications

• Expansion of product range to include modern polymer membranes like PVC and TPO

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5️⃣ 5. Icopal Group

Headquarters: Copenhagen, Denmark
Key Offering: Bitumen, Synthetic Rubber, and PVC Membranes

Icopal, part of the Standard Industries portfolio alongside GAF, is a major European supplier of waterproofing and roofing solutions. The company has a long history and a strong product range that includes high-quality bituminous membranes and an expanding line of synthetic, single-ply options. Its products are used in infrastructure, commercial, and residential projects across the continent.

Innovation Initiatives:

• Development of eco-friendly membranes with recycled content

• Integration of digital tools for product specification and project support

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4️⃣ 4. Fosroc International Ltd.

Headquarters: Birmingham, United Kingdom
Key Offering: Pre-formed Bituminous and PVC Membranes for Civil Engineering

Fosroc is a global specialist in construction chemicals, offering a range of high-performance products for concrete and infrastructure. Their sheet membrane offerings are particularly strong in the civil engineering sector, providing durable solutions for tunnels, bridges, and underground structures. Fosroc is known for its technical support and engineered solutions for complex projects.

Innovation Initiatives:

• Focus on membranes with high chemical resistance for aggressive environments

• Development of composite systems that combine waterproofing with root resistance

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3️⃣ 3. Carlisle SynTec Systems

Headquarters: Carlisle, Pennsylvania, USA
Key Offering: TPO, PVC, and EPDM Single-Ply Roofing Membranes

Carlisle SynTec Systems is a leading manufacturer of single-ply roofing membranes in North America. The company is a pioneer in TPO technology and produces a comprehensive range of membranes known for their durability, energy efficiency, and reliable performance. Carlisle serves the commercial roofing industry with a strong focus on system warranties and technical service.

Innovation Initiatives:

• Continuous advancement in TPO formulation for enhanced UV and heat stability

• Introduction of reinforced and non-reinforced membrane options for varied applications

Download FREE Sample Report: Sheet Based Waterproofing Membrane Market – View in Detailed Research Report

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2️⃣ 2. GAF

Headquarters: Parsippany, New Jersey, USA
Key Offering: TPO, PVC, and Modified Bitumen Sheet Membranes

GAF is North America’s largest roofing manufacturer, with a formidable presence in the commercial sheet membrane market. The company offers a diverse portfolio, including its EverGuard series of TPO and PVC membranes. GAF is renowned for its extensive distributor network, robust warranty programs, and commitment to sustainability through its Cool Community initiatives.

Innovation Initiatives:

• Investment in solar-reflective, energy-star rated membranes

• Development of integrated roofing systems that combine insulation, membrane, and attachment solutions

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1️⃣ 1. Soprema Group

Headquarters: Strasbourg, France
Key Offering: Elastomeric Bitumen, PVC, and TPO Membranes

Soprema Group is a global leader in waterproofing and insulation solutions, with a family-owned heritage spanning over a century. The company offers one of the most extensive ranges of sheet membranes in the world, including its renowned elastomeric bitumen products and advanced synthetic systems. Soprema’s commitment to innovation and sustainability has solidified its position as a top-tier supplier for complex architectural and infrastructure projects worldwide.

Innovation Initiatives:

• Pioneering cold-applied, self-adhesive membranes for safer, easier installation

• Strong focus on circular economy with membrane recycling programs and products made from recycled materials

• Extensive R&D in flexible, high-performance solutions for green roofs and blue roofs

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🏆 Market Leader Spotlight: Sika AG

Headquarters: Baar, Switzerland
Key Offering: Sikaplan® PVC, Sarnafil® TPO, and Bituminous Membranes

Sika AG stands as a dominant force in the global construction chemicals market, with a comprehensive and technologically advanced portfolio of sheet waterproofing membranes. Through acquisitions like Sarnafil, Sika has strengthened its position in high-performance polymer membranes. The company’s solutions are specified for some of the world’s most demanding projects, from iconic stadiums to critical infrastructure, thanks to their proven longevity and technical support.

Innovation Initiatives:

• Leadership in cool roofing technology with highly reflective, energy-saving membranes

• Development of prefabricated membrane systems for faster, more reliable installation

• Global commitment to sustainability, with products designed for disassembly and recycling

Get Full Report Here: Sheet Based Waterproofing Membrane Market – View in Detailed Research Report

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🌍 Outlook: The Future of Waterproofing Is Sustainable and High-Tech

The sheet based waterproofing membrane market is undergoing a significant evolution. While traditional materials remain vital, the industry is rapidly embracing sustainable alternatives, smart technologies, and advanced application methods to meet the demands of modern construction.

📈 Key Trends Shaping the Market:

• Accelerated adoption of PVC and TPO membranes driven by green building standards like LEED and BREEAM

• Rising demand for self-adhesive and cold-applied systems to improve installation safety and efficiency

• Integration of digital tools, such as BIM, for precise membrane specification and installation planning

• Growing focus on circular economy principles, including membrane recyclability and use of recycled content

Get Full Report Here: Sheet Based Waterproofing Membrane Market – View in Detailed Research Report

The companies listed above are not only providing essential protection for global infrastructure—they are driving the sustainable and technological transformation of the construction industry.