“Rise in Sustainable Construction Practices”
One significant trend driving growth in the commercial restoration waterproofing membranes market is the increasing adoption of sustainable construction practices. As environmental concerns rise, builders are increasingly prioritizing eco-friendly materials and methods. Waterproofing membranes made from recycled or sustainable materials not only meet stringent building codes but also enhance energy efficiency and reduce waste. For instance, In March 2020, Sika initiated production of its SikaProof structural waterproofing membrane at a newly established facility. This expansion aims to boost manufacturing efficiency, enabling Sika to better serve the rapidly growing market for waterproofing solutions. The patented membrane technology within the SikaProof product family is expected to significantly increase sales by 2023, driven by heightened demand for effective basement waterproofing in urban developments.