1. Global Under Floor Moisture Mitigation Market Insight Analysis
In 2024, the global Under Floor Moisture Mitigation market revenue reached $561.45 million USD, with a Compound Annual Growth Rate (CAGR) of 6.19% from 2024 to 2033.
Under Floor Moisture Mitigation refers to the application of specialized products and techniques to prevent moisture from penetrating or accumulating beneath flooring materials. This is crucial for maintaining the integrity and longevity of flooring systems, as moisture can lead to issues such as mold growth, adhesive failure, and structural damage. The market encompasses a range of products, including 2-part epoxy products, silicate products, and other innovative solutions designed to address varying levels of moisture challenges. These products are essential in environments where moisture control is critical, such as basements, bathrooms, and areas with high humidity levels.
Figure Global Under Floor Moisture Mitigation Market Size (M USD) and CAGR (2024-2033)
2. Driving and Limiting Factors of Under Floor Moisture Mitigation Market Growth
The growth of the Under Floor Moisture Mitigation market is influenced by several key factors. One of the primary drivers is the increasing awareness of the importance of moisture control in construction projects. Construction professionals and property owners are becoming more cognizant of the long-term benefits of investing in high-quality moisture mitigation solutions, which include extended flooring life, reduced maintenance costs, and improved indoor air quality. Additionally, advancements in product technology have led to more effective and durable solutions, further bolstering market demand.
Another significant driver is the growing construction industry, particularly in emerging markets. The expansion of commercial and residential building projects creates a continuous need for reliable moisture mitigation products. Government regulations and building codes that mandate the use of moisture barriers in construction projects also contribute to market growth.
One of the primary challenges is the high cost of advanced moisture mitigation products, which can be prohibitive for some construction projects, especially in cost-sensitive markets. Additionally, the market is highly competitive, with a few dominant players holding a significant share. This can make it difficult for new entrants to gain a foothold, limiting market diversification.
3. Technology Innovation and Corporate Mergers and Acquisitions in Under Floor Moisture Mitigation Market
Technological innovation plays a pivotal role in the Under Floor Moisture Mitigation market. Companies are continuously investing in research and development to create more effective and environmentally friendly products. For instance, the development of 2-part epoxy products has revolutionized moisture control by providing a durable and long-lasting barrier against moisture penetration. These products are designed to withstand high levels of moisture and alkalinity, ensuring the longevity of flooring installations.
Corporate mergers and acquisitions are also shaping the market landscape. Major players are engaging in strategic partnerships and acquisitions to expand their product portfolios and enhance their market positions. For example, MAPEI’s acquisition of Tecnopol Sistemas has significantly bolstered its presence in the Spanish construction chemicals market. Similarly, Armstrong Flooring’s acquisition of the VCT business of Mannington Mills has expanded its product offerings and market reach.
4. Global Under Floor Moisture Mitigation Market Size by Type
Under Floor Moisture Mitigation products are essential in construction to prevent moisture-related issues that can damage flooring materials and reduce the lifespan of floor installations. The market for these products is segmented into several types, each with distinct characteristics and applications. The primary product types include 2-part Epoxy Products, Silicate Products, and Others.
2-part Epoxy Products are alkali-resistant, two-component epoxy coatings with high solid content. These products are designed to effectively prevent moisture-related problems in floor coverings. They are particularly useful in environments where high moisture levels are present, such as basements, bathrooms, and areas with high humidity. The epoxy coatings form a durable barrier that prevents moisture from seeping through the floor, thereby protecting the flooring materials from damage. In 2024, the market revenue for 2-part Epoxy Products is projected to reach $290.03 million.
Silicate Products aim to increase the strength and reduce the porosity of cast concrete surfaces. These products penetrate deeply into the base material and chemically react to form a hydrated calcium silicate barrier. This barrier reduces the strength and density of concrete by up to 45%, which helps to minimize concrete dust and the flow of groundwater and moisture. Silicate Products are particularly effective in new construction projects where the concrete slab needs to be treated to prevent future moisture issues. The market revenue for Silicate Products in 2024 is forecasted to be $46.92 million.
In 2024, 2-part Epoxy Products are expected to hold the largest market share at 51.66% and Silicate Products at 8.36%.
Table Global Under Floor Moisture Mitigation Market Size by Type in 2024
Market Size (M USD) 2024 | Market Share | |
2-part Epoxy Products | 290.03 | 51.66% |
Silicate Products | 46.92 | 8.36% |
Others | 224.50 | 39.99% |
5. Global Under Floor Moisture Mitigation Market Size by Application
The Commercial application segment includes the use of Under Floor Moisture Mitigation products in commercial buildings, such as offices, retail spaces, and industrial facilities. These applications require robust and durable solutions to protect large floor areas from moisture damage. The commercial sector often demands high-performance products that can withstand heavy foot traffic and harsh environmental conditions. In 2024, the market revenue for the Commercial application is projected to reach $365.57 million.
The Personal application segment includes the use of Under Floor Moisture Mitigation products in residential settings, such as homes and apartments. These applications focus on protecting smaller floor areas from moisture damage, often driven by individual homeowners or contractors. The personal segment requires user-friendly and cost-effective solutions that can be easily installed and maintained. The market revenue for the Personal application in 2024 is forecasted to be $195.87 million.
Table Global Under Floor Moisture Mitigation Market Size by Application in 2024
Application | Market Size (M USD) 2024 | Market Share |
Commercial | 365.57 | 65.11% |
Personal | 195.87 | 34.89% |
6. Global Under Floor Moisture Mitigation Market by Top Regions
North America, comprising the United States, Canada, and Mexico, is a significant market for Under Floor Moisture Mitigation products. In 2024, the market revenue in North America is projected to reach $195.64 million. The region’s market is driven by robust construction activity, particularly in commercial and residential sectors.
Europe, with its diverse economic landscape, is another crucial region for the Under Floor Moisture Mitigation market. In 2024, the market revenue in Europe is forecasted to be $175.97 million. The region’s market is characterized by stringent building regulations and a focus on sustainable construction practices.
The Asia-Pacific region, encompassing countries like China, Japan, South Korea, and India, is a rapidly growing market for Under Floor Moisture Mitigation products. In 2024, the market revenue in Asia-Pacific is projected to reach $137.63 million.
The Middle East and Africa region is also a notable market for Under Floor Moisture Mitigation products. In 2024, the market revenue in this region is forecasted to be $24.16 million.
South America, with countries like Brazil, Argentina, and Colombia, is another region experiencing growth in the Under Floor Moisture Mitigation market. In 2024, the market revenue in South America is projected to reach $28.05 million.
Figure Global Under Floor Moisture Mitigation Market Size by Region in 2024
7. Global Under Floor Moisture Mitigation Market Analysis by Major Players
7.1 MAPEI
Company Introduction and Business Overview: MAPEI, established in 1937 and headquartered in Italy, is a global leader in the production of adhesives, sealants, and chemical products for the building industry. MAPEI’s products are designed to meet the highest standards of quality and performance, ensuring long-lasting solutions for various construction challenges.
Products Offered: MAPEI offers a wide range of Under Floor Moisture Mitigation products, including Planiseal MSP, a two-coat, high-solids, polymer-based adhesive isolator, sealer, moisture-control membrane, and self-leveling primer. This product effectively protects flooring installations against subfloor moisture and pH in concrete slabs.
7.2 United States Gypsum Company
Company Introduction and Business Overview: United States Gypsum Company, established in 1901 and headquartered in the United States, is a leading manufacturer of construction materials. The company produces drywall, panels, primers, roofing panels, backboard plasters, and other related building materials, serving commercial and residential builders globally.
Products Offered: The company offers DUROCK™ BRAND COVERPREP MOISTURE VAPOR REDUCER, a specially formulated 2-part water-based epoxy that creates a stable and protective barrier between problematic concrete substrate conditions and subsequent floor preparation systems.
7.3 GCP Applied Technologies
Company Introduction and Business Overview: GCP Applied Technologies, established in 2015 and headquartered in the United States, offers innovative specialty construction chemicals, building materials, and packaging technologies. The company’s products are used in commercial buildings, infrastructure projects, and residential homes.
Products Offered: GCP Applied Technologies provides KOVARA® Floor Moisture Barrier, an advanced solution for minimizing downtime and reducing the cost of protecting concrete slabs from moisture.
7.4 Armstrong Flooring Inc.
Company Introduction and Business Overview: Armstrong Flooring Inc., established in the United States, is a leading manufacturer of resilient and wood flooring products. The company designs, manufactures, and sells flooring products for residential, commercial, and institutional construction sectors globally.
Products Offered: Armstrong Flooring Inc. offers Seal Strong™: S-452, a 2-part system designed to create a moisture barrier between concrete and resilient flooring, suitable for use up to 100% RH (or 25 lbs CaCl).