Global Waterproof Tapes Market: Trends, Growth, and Forecast 2024-2030
The global waterproof tapes market size is expected to reach USD 23.22 billion by 2030, registering a CAGR of 6.3% from 2024 to 2030, according to a new report by Grand View Research, Inc. This growth can be attributed to the rising awareness of waterproofing to prevent water damage, structural weakening, and bacteria growth. The end-users are applying effective waterproofing systems to structures and buildings to ensure durability, safety, and long lifespan. The growing construction sector across the globe is further driving the product demand as it used in residential and commercial structures to protect them from water and moisture. These tapes are considered crucial for sealing cracks, seams, and joints in various construction projects as they are attributed to encounter water. In addition, in areas prone to floods and other natural disasters, waterproofing systems are essential to protect the structure as well as populations. Furthermore, there is a growin...