Summary

The waterproofing chemicals market in Canada is a dynamic and continually changing segment of the construction industry. Waterproofing chemicals are critical for protecting buildings and infrastructure from water intrusion, especially in a country with diverse climatic conditions like Canada. In recent years, the Canadian waterproofing chemicals market has grown significantly, owing to factors such as increased construction activity, climate concerns, and the need for sustainable building techniques. Waterproofing chemicals are utilized in a variety of applications, including roofs, basements, foundations, tunnels, and bridges, making them critical for the lifetime of structures in Canada. The Canadian government has been investing in the creation and repair of infrastructure, such as roads, bridges, and public buildings. These projects frequently necessitate appropriate waterproofing solutions to ensure the infrastructure's resilience and lifespan. The Canadian construction sector places a high value on sustainability and green building practices. As a result, there is a growing demand for ecologically friendly waterproofing chemicals that also improve energy efficiency. Canada's growing urbanization has resulted in more complex construction projects, where waterproofing is a crucial component. Waterproofing solutions are required for high-rise buildings, underground structures, and transit hubs. Canada has harsh winters with freezing temperatures, snow, and ice accumulation. Waterproofing chemicals in this market are carefully developed to endure extreme cold and freeze-thaw cycles, ensuring that they stay effective in preventing water infiltration even in sub-zero temperatures. Some sections of Canada, notably the coastal regions and provinces such as British Columbia and the Maritimes, see considerable rainfall all year. Waterproofing solutions in these areas must be capable of withstanding extensive water exposure, distinguishing them from materials used in drier climates.

According to the research report "Canada Waterproofing Chemicals Market Overview, 2028," published by Bonafide Research, the Canada Waterproofing Chemicals market was valued more than USD 340 Million in 2022. Canada places a heavy focus on green building programs and sustainable construction standards. Waterproofing chemicals are being developed to conform to these standards, with a growing emphasis on environmentally friendly and energy-efficient solutions. Green roofing systems, which combine waterproofing membranes to sustain flora, are gaining popularity in Canada. In the Canadian market, waterproofing chemicals tailored for these systems are a specialty. Waterproofing solutions are in high demand as a result of government and private sector investments in infrastructure projects such as roads, bridges, tunnels, and public buildings. The construction of infrastructure is a major driver of waterproofing chemical sales. The expansion of Canada's urban areas has resulted in the construction of sophisticated structures such as high-rise buildings and underground facilities. These projects frequently necessitate improved waterproofing solutions, which drives market innovation. Proprietors and developers are becoming more conscious of the long-term cost reductions that come with appropriate waterproofing. Investing in high-quality waterproofing systems will help you avoid costly repairs and replacements in the future. The residential building industry, which includes single-family homes and multi-unit housing developments, is a major driver of demand for waterproofing chemicals. Waterproofing is a priority for homeowners and developers to protect basements, foundations, and roofs against water damage. The concentration on renewable energy in Canada, particularly wind and solar projects, frequently necessitates the development of specialized structures and services. In order to protect these facilities from the weather, waterproofing solutions are required. Retrofitting older buildings with contemporary waterproofing systems is becoming more popular. The importance of renovating existing buildings to meet current waterproofing standards is recognized by building owners, which drives demand.

Based on product type market is bifurcated into bitumen (SBS bitumen, APP bitumen, others), thermoplastic polyolefin (TPO), polyvinyl chloride (PVC), elastomers, ethylene propylene diene terpolymer (EPDM), polytetrafluoroethylene (PTFE) and others (acrylics, silicone, polyurethane (PU), etc.). Thermoplastic polyolefin (TPO) chemical is expected to register highest CAGR in Canada waterproofing chemicals market. TPO membranes are well-known for their remarkable durability, weather resistance, and long-term performance. TPO's ability to survive both scorching summers and frigid winters makes it an appealing choice for waterproofing applications in Canada, where dramatic temperature fluctuations occur. This toughness leads to a longer service life and lower maintenance expenses. TPO roofing systems frequently feature reflective characteristics, which can aid in reducing heat absorption and lowering cooling expenses during hot Canadian summers. Energy-efficient roofing solutions are increasingly in demand, particularly in countries with high cooling demands, leading to the market expansion of TPO. In Canada, TPO membranes frequently meet or surpass building code requirements and standards, guaranteeing that structures are built to code. This compliance issue is critical in regions with stringent rules, adding to TPO's popularity. TPO roofing systems require less maintenance during their lifetime, which appeals to building owners trying to cut long-term operational costs. Because of its recyclability and energy efficiency, TPO is regarded as an environmentally beneficial roofing material. The use of TPO in roofing applications complements Canada's focus on sustainability and green construction principles.

Based on technology market includes, integral systems, preformed membranes, and coatings & liquid applied membrane systems. Among them performed membranes technology is predicted to grow at the fastest rate in Canada. In several parts of Canada, heavy rains and snowmelt cause runoff and dangerous flooding. Permeable membranes, such as those used in green roofing or permeable pavements, aid in storm water management by allowing it to gradually penetrate the ground, lowering the risk of surface flooding. Canada's metropolitan regions are growing, resulting in more impermeable surfaces such as highways and buildings. Permeable membranes are critical for limiting the negative consequences of urbanization by reducing runoff volume and speed, which can overwhelm drainage systems. Climate change is increasing the risk of flooding in Canada. Flood-resistant barriers and floodplain management systems can be built with permeable membranes to reduce the impact of flooding events. Based on application market is majorly divided into roofing & walls, floors & basements, bridge & highways, waste & water management, tunnel & landfills and others (dams and reservoirs, underground vaults, fountains and water features, elevator pits, cisterns, etc.). Among them floors and basements application is expected to grow at fastest rate in Canada. High precipitation levels in certain parts of Canada enhance the risk of water seepage and flooding. Waterproofing basements and ground-level floors prevents damage from rainwater and melting snow. Snow accumulation throughout the winter, followed by thawing in the spring, can result in significant moisture infiltration in colder places. Waterproofing the basement and floors is critical to preventing water damage during this seasonal transition. Ground-level floors and basements of commercial buildings, warehouses, and industrial facilities frequently require waterproofing to protect stored items, equipment, and sensitive materials.

Considered in this report:
• Geography: Canada
• Historic year: 2017
• Base year: 2022
• Estimated year: 2023
• Forecast year: 2028

Aspects covered in this report:
• Canada Waterproofing Chemicals market with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By Product Type:
• Bitumen (SBS Bitumen, APP Bitumen, Others)
• Thermoplastic Polyolefin (TPO)
• Polyvinyl Chloride (PVC)
• Elastomers
• Ethylene propylene diene terpolymer (EPDM)
• Polytetrafluoroethylene (PTFE)
• Others (Acrylics, Silicone, Polyurethane (PU), etc.)

By Technology:
• Integral Systems
• Preformed Membranes
• Coatings & Liquid Applied Membrane Systems

By Application:
• Roofing & Walls
• Floors & Basements
• Bridge & Highways
• Waste & Water management
• Tunnel & Landfills
• Others (dams and reservoirs, underground vaults, fountains and water features, elevator pits, cisterns, etc.)

The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, and annual reports of companies, analyzing the government-generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers into regional aspects, tier aspects, age groups, and gender. Once we have primary data with us we started verifying the details obtained from secondary sources.

Intended audience:
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the Waterproofing Chemicals industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.

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