Four business segments see sales recovery; RPM’s net income grows nearly 30% in Q2 of FY2025

Frank C. Sullivan, Chairman and CEO of RPM, stated: “All four business segments achieved positive volume growth and record consolidated sales in the second quarter, and the Company delivered record adjusted EBIT for the twelfth consecutive quarter—driven by our employees’ dedication and the steady progress of our MAP 2025 initiative.” From a segment perspective, RPM’s Construction Products Group, Performance Coatings Group, Specialty Products Group, and Consumer Group all posted organic sales growth in the second quarter. “The Company’s focus on repair and maintenance markets enabled us to capture specific organic growth opportunities—particularly in technical solutions for high-performance construction projects, where performance has been outstanding. Additionally, businesses serving the residential end market demonstrated stability and benefited from favorable weather conditions,” added Frank C. Sullivan. Specifically, the Construction Products Group’s sales rose 4.3% year-on-year to $690 million; the Performance Coatings Group grew 1.4% year-on-year to $380 million, driven by flooring and protective coatings for high-performance building projects. The Specialty Products Group’s sales increased 4.4% year-on-year to $185 million, supported by disaster recovery services responding to hurricane activity, robust growth in food-grade coatings and additives, and stabilizing demand from professional residential OEMs this quarter. The Consumer Group reported $590 million in sales, reflecting 2.7% organic growth offset by a 0.7% decline due to foreign currency translation. Geographically, sales growth in North America was broadly solid, while performance varied across other regions. In Europe, profitability improved significantly, aided by the MAP 2025 initiative.

Global Market Research Report on Fully-Adhered Waterproofing Membranes, 2026

Other Asia-Pacific regions exhibit distinct development characteristics. In Japan and South Korea, locally headquartered manufacturers possess advanced technical capabilities, and product applications emphasize complex structures and high-performance engineering requirements. Urban construction, rail transit, and industrial infrastructure projects in India and Southeast Asia present market opportunities for fully-adhered waterproofing membranes; however, procurement capacity, construction skill levels, and project implementation environments vary significantly across countries. Large-scale infrastructure and underground projects in the Middle East and other regions also generate demand for high-performance waterproofing systems capable of adapting to complex groundwater conditions and specialized construction environments. Overall market growth rates across regions remain influenced by construction investment levels, infrastructure funding arrangements, degree of technical acceptance, and price competition. Differences in product certification standards, local manufacturing capabilities, and regional sales and service networks will continue to shape market expansion efforts by both international manufacturers and domestic enterprises. Competitive Landscape The global fully-adhered waterproofing membrane market features participation from multinational building materials groups, specialized waterproofing membrane manufacturers, and regional brand enterprises. Competition centers on material technology, adhesion performance, product certification, manufacturing efficiency, and engineering technical services. International players—including Sika, Saint-Gobain, Mapei, SOPREMA, RPM International, Carlisle Companies, RENOLIT, IKO Industries, and Henkel—compete leveraging their respective technological platforms and regional sales networks. For instance, Sika’s fully-adhered polyolefin products, Saint-Gobain’s PREPRUFE technology, and Mapei’s composite high-density polyethylene membranes exemplify divergent developmental pathways in materials and interfacial adhesion technologies. In China, leading enterprises such as Orient Yuhong, Keshun Co., Ltd., Kailun Building Materials, BNBM, and Zhuobao Technology have established competitive advantages through localized manufacturing capabilities, engineering-oriented product development, and extensive construction-market distribution channels. Other Chinese and regional manufacturers compete via specialized products, cost control, and localized service offerings. Industry competition is not determined solely by production scale; long-term product performance, ease of installation, quality assurance in construction, and system integration capabilities likewise influence project selection. Some multinational groups are further strengthening technological integration and channel synergy by acquiring businesses to expand their portfolios of construction chemicals and waterproofing materials. Looking ahead, manufacturers will continue differentiating themselves through high-performance product development, manufacturing cost control, project adaptability, and customer service capabilities. Report Scope This report investigates and analyzes the current status and future trends of the global fully-adhered waterproofing membrane market. Its core contents include: (1) Global market size—analyzed separately by volume and revenue—with historical data covering 2021–2025 and forecasts extending from 2026 to 2032; (2) Global competitive landscape—covering top global enterprises’ sales volume, revenue, pricing, market share, and industry ranking for fully-adhered waterproofing membranes, with data spanning 2021–2026; (3) China’s competitive landscape—covering top Chinese enterprises’ sales volume, revenue, pricing, market share, and industry ranking for fully-adhered waterproofing membranes, with data spanning 2021–2026, including both international companies and domestic Chinese firms.

RPM International Inc. Estimates – GETTEX:RP8

Oct 23, 2026

TradingView provides financial estimates and actuals for RPM International Inc., allowing users to compare reported data across income statements, balance sheets, and valuation metrics.

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