The global silicone rubber waterproof coating market size was worth around USD 1.67 billion in 2024 and is predicted to grow to around USD 3.70 billion by 2035 with a compound annual growth rate (CAGR) of 7.5% from 2025 to 2035. The market for silicone rubber coatings is expanding due to the surge in construction projects, heightened need for long-lasting, weatherproof and energy-saving materials, greater consciousness about moisture defense and growing usage in industries such as automotive, electronics and marine.