Market Insights
The waterproofing flashing and accessories market was estimated at USD 2.9 billion in 2024 and is likely to grow at a CAGR of 4.8% during 2025-2031 to reach USD 4.0 billion in 2031.
Market Dynamics
Introduction
Flashing is a thin, impervious membrane that restricts the penetration of water into the building. Flashing is particularly important at junctions such as roof hips and valleys, joints between roofs and vertical walls, roof intersections, or projections such as chimneys, dormers, vent pipes, and window openings. Flashing is mostly of two types: exposed flashing and embedded flashing. Exposed flashing is done chiefly outside, mainly using metal sheets, whereas embedded flashing can be done with either metal sheets or non-metallic materials. The most common flashing materials include metals, plastics, asphalt, and rubber. At the same time, flashing accessories consist of weep vents, drip edges, end dams, and termination bars. These accessories are used while flashing at the joints or junctions of the walls.
Flashing is engineered and installed with care so that water is deflected away from the building. Improper installation can result in water being directed into a building. There are numerous types of flashing, such as valley flashing, step flashing, counter flashing, continuous flashing, and base flashing. The major type of flashing is continuous flashing, which is a single piece of material and is sometimes seen where a sloping roof and a vertical sidewall meet to form a horizontal line. There are multiple accessories consumed with flashing, such as dampers, primers, sealants, and adhesives. For instance, expansion joints should be provided for long runs of metal flashing to allow movement without causing deformation.
Recent Product Developments
New product developments and innovation focusing on key areas, such as sustainability, durability, material compatibility, and longevity, will lead to advancement in the waterproofing business with the introduction and adoption of new materials.
Recent Market JVs and Acquisitions:
A considerable number of strategic alliances, including M&As, JVs, etc., have been performed over the past few years:
- In 2023, Sika acquired MBCC Group. With a massive acquisition in the industry, the combined business will be a key accelerator in enabling both Sika’s and MBCC Group’s customers to drive sustainable transformation further and faster.
- In 2021, Carlisle Construction Materials LLC acquired Henry Company LLC, expanding Carlisle’s footprint in the North American residential construction market.
- In 2021, Saint-Gobain acquired GCP Applied Technologies, reinforcing its global leadership in construction chemicals and advancing its strategic focus on lightweight and sustainable construction solutions.
- In 2020, Sika AG acquired Modern Waterproofing Group, strengthening its market presence in the Middle East and enhancing its portfolio of roofing and waterproofing systems.
- In 2019, RPM International Inc. (through its Tremco business unit) acquired Schul International Co. LLC, a move that expanded its sealants and waterproofing product offerings for commercial construction applications.
Segment Analysis
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Segmentations
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List of Sub-Segments
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Dominant and Fastest-Growing Segments
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Product-Type Analysis
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Flashing and Accessories
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Flashing is anticipated to remain the bigger product category in the years to come.
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Application-Type Analysis
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Roofs, Walls & Windows, Basements, and Others
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Roofs and walls & and windows together captured more than half of the market in 2024.
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End-User-Type Analysis
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Commercial, Residential, and Industrial
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Waterproofing flashing and accessories are likely to be used the most for residential applications.
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Regional Analysis
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North America, Europe, Asia-Pacific, and The Rest of the World
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North America is expected to remain the largest market over the years, as well as is likely to grow at the fastest rate.
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By Product Type
“Flashing is expected to remain the dominant product of the market during the forecast period.”
The market is segmented into flashing and accessories. Flashing is further segmented into liquid-applied flashing and membrane flashing, whereas accessories are into primers, adhesives & sealants, and others. Liquid-applied flashing is expected to grow at a higher rate in the market during the forecast period, because it is easily applied in any building structure and has less wastage as compared to membrane flashing. Liquid-applied flashing simplifies flashing rough openings and other challenging areas and is also ideal for filling in imperfections and penetrations. Unlike membranes, liquid-applied flashing offers the unique feature of elasticity, which proves to be a crucial advantage.
By Application Type
“Roofs are expected to be the widely used application of the waterproofing flashing and accessories market, during the study period.”
The market is segmented into roofs, doors, walls & windows, basement, and other applications. Roofs are poised to lead as both the largest and fastest-growing application category, driven by their critical role in safeguarding buildings. Their importance in withstanding environmental elements like rain and storms makes them a prime focus area, where flashing serves as a key solution in enhancing durability and performance in both residential and commercial settings.
By End-User Type
“Residential category is expected to remain the leading end-users type of the market during the forecast period.”
The market is segmented into residential, commercial, and industrial. The residential category is projected to maintain its dominance throughout the forecast period with increasing construction spending and housing demands, as well as rising home improvement demands. The commercial category is expected to remain a market driver, supported by ongoing infrastructure development and increasing demand for cool roofs and reflective surfaces to enhance energy efficiency across various regions.
Regional Analysis
“The North American region is expected to remain the largest market for the waterproofing flashing and accessories market during the forecast period.”
The North American region is projected to maintain its leading position throughout the forecast period, driven by rapid urbanization, major infrastructure developments, ongoing renovation activities, and strong construction demand, further supported by stringent regulations and the growing adoption of advanced, sustainable waterproofing solutions.
Key Players
The market is highly fragmented, with over 100 players. Most of the major players compete in some of the governing factors, including price, service offerings, regional presence, etc. The following are the key players in the waterproofing flashing and accessories market. Some of the major players provide a complete range of services, including products.
Here is the list of the Top Players (Based on Dominance)
- Sika AG
- DuPont De Nemours, Inc.
- Carlisle Companies Inc.
- Saint-Gobain
- Oriental Yuhong Waterproofing Technology
- RPM International
- W.R. Meadows Inc.
- Hohmann & Barnard, Inc.
- Polyguard Products Inc.
- YORK Flashings
Note: The above list does not necessarily include all the top players in the market.
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Research Methodology
- This strategic assessment report from Stratview Research provides a comprehensive analysis that reflects today’s waterproofing flashing and accessories market realities and future market possibilities for the forecast period.
- The report segments and analyzes the market in the most detailed manner to provide a panoramic view of the market.
- The vital data/information provided in the report can play a crucial role for market participants and investors in identifying the low-hanging fruit available in the market and formulating growth strategies to expedite their growth process.
- This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.
- More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data.
- We conducted more than 20 detailed primary interviews with market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.
Report Features
This report provides market intelligence most comprehensively. The report structure has been kept so that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market. The following are the key features of the report:
- Market structure: Overview, industry life cycle analysis, supply chain analysis.
- Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
- Market trend and forecast analysis.
- Market segment trend and forecast.
- Competitive landscape and dynamics: Market share, Service portfolio, New Product Launches, etc.
- COVID-19 impact and its recovery curve.
- Attractive market segments and associated growth opportunities.
- Emerging trends.
- Strategic growth opportunities for the existing and new players.
- Key success factors.
The waterproofing flashing and accessories market is segmented into following categories:
By Product Type
By Application Type
- Roofs
- Doors
- Walls & Windows
- Basement
- Other Applications
By End-User Type
- Residential
- Commercial
- Industrial
By Region
- North America (Country Analysis: The USA, Canada, Mexico, and Rest of North America)
- Europe (Country Analysis: Germany, France, The UK, Italy, and Rest of Europe)
- Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
- Rest of the World (Country Analysis: Brazil, The UAE, and Others)
Customization Options
With this detailed report, Stratview Research offers one of the following free customization options to our respected clients:
Company Profiling
- Detailed profiling of additional market players (up to three players)
- SWOT analysis of key players (up to three players)
Competitive Benchmarking
- Benchmarking of key players on the following parameters: Service portfolio, geographical reach, regional presence, and strategic alliances
Custom Research: Stratview Research offers custom research services across industries. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to [email protected]
