What Mapei does

Mapei S.p.A. is an Italian multinational manufacturer of construction chemicals founded in 1937 in Milan by Rodolfo Squinzi and still family-controlled by the Squinzi family (Veronica Squinzi and Marco Squinzi currently serve as CEOs). The company produces a portfolio of approximately 8,100 products across 22 lines, including tile and stone installation systems (adhesives, grouts, leveling systems), waterproofing membranes and coatings, concrete admixtures and repair mortars, industrial and decorative floor coatings, structural strengthening systems, and complementary categories such as acoustic insulation, cement grinding aids, and surface cleaning products. Manufacturing is supported by 39 R&D centers in 22 countries, with proprietary sub-brands including ZERO (CO2-neutral products), Polyglass (bitumen membranes), Profilpas (profiles and shower systems), Ultracare (surface care), and Ultratop Loft (microcement coatings).

Mapei operates a B2B go-to-market model through wholly-owned subsidiaries in 42 countries and an authorized dealer/distributor network, targeting construction professionals across residential new-build, renovation and restoration, commercial, infrastructure, and sports facility segments. The company runs 109 manufacturing facilities across all five continents and has executed a sustained geographic and category expansion strategy, including entry into India (2011), Colombia via Productos Bronco (2017), and acquisitions of Profilpas (2022), Diaplas (Canada, 2024), Bitumat (2024), and Wykamol (UK, 2024). Revenue is generated through one-time product sales rather than licensing or subscription; pricing is quote-based and not publicly disclosed.

Operational and ESG highlights include 10,000+ employees globally, MAPEI India shipping 171,000 metric tonnes in 2025, 9% global share in waterproofing membranes, and 300,000 tonnes of CO2 emissions offset through environmental programs. The company is currently subject to an Italian competition authority investigation alongside Sika and Kerakoll regarding alleged price-fixing of construction chemicals exploiting pandemic-era tax breaks.

Name

Mapei

Legal name

MAPEI S.p.A.

Website

https://mapei.com

Company type

Private

Founded year

1937

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Mapei is an Italian family-owned multinational (founded 1937, Milan) that manufactures construction chemicals, including adhesives, sealants, waterproofing systems, and concrete admixtures. It serves construction professionals across 42 countries through 109 manufacturing facilities and 8,100+ products.

Ownership category

akta.pro rank

Product category

Construction Chemicals

NAICS

Asphalt Paving, Roofing, and Saturated Materials Manufacturing (32412)

SIC

Adhesives & Sealants (2891)

akta.pro primary industry

Sealants (Construction & Industrial) (IMAEAGAI)

akta.pro secondary industries

Construction Sealants (Joint, Façade & Perimeter) (IMADAOAB), Roofing Adhesives, Sealants & Leak Repair (IMADAOAF), Primers, Bonding Agents & Surface Preparation Products (IMADAOAK)

Keywords

• Construction chemicals
• Tile adhesives
• Waterproofing systems
• Concrete admixtures
• Building sealants

Headquarters

HQ city

Milan

HQ country

Italy

HQ region

Europe

Offices8 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Construction Chemical Products: Sale of construction chemical products including adhesives, sealants, waterproofing systems, concrete admixtures, tile installation products, and surface treatment solutions to construction professionals globally through subsidiaries and distribution networks.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels8 records

Core offering

Mapei manufactures and sells construction chemicals including adhesives, sealants, waterproofing systems, concrete admixtures, tile installation products, and surface treatment solutions. The company distributes a portfolio of over 8,100 products across 42 countries through wholly-owned subsidiaries and an authorized dealer network serving construction professionals.

Product overview

Mapei is a global construction chemicals manufacturer offering a comprehensive portfolio of approximately 8,100 products across 22 product lines. The product ecosystem is organized around core construction applications: tile and stone installation systems (adhesives, grouts, leveling systems), waterproofing solutions (membranes, liquid coatings, admixtures), concrete admixtures and repair systems, industrial and decorative floor systems, and specialized products for tunnels, facades, and sports facilities. Key product lines include Ultracolor Plus and Keraflex tile adhesives, Mapeguard waterproofing membranes, Polyglass bitumen roofing membranes (acquired brand), Profilpas profiles and shower systems (acquired 2022), Mapefloor industrial coatings, Ultratop Loft microcement coatings, and the ZERO CO2-neutral product group. The portfolio also includes complementary categories such as acoustic insulation, cement grinding aids, raised floor pedestals, cleaning and maintenance products (Ultracare), and digital tools including mobile apps for product selection and grout color visualization. Recent strategic acquisitions include Wykamol (UK waterproofing, 2024), Diaplas (Canada floor profiles, 2024), and Bitumat (waterproofing, February 2024).

Differentiator

Problem solved

Functional benefit

Brands

• Polyglass: Polymer bitumen membranes for waterproofing applications
• Profilpas
• Ultracare
• ZERO
• Ultratop Loft
• Mapeflex
• Kerapoxy
• Ultracolor Plus

Products and services

• Tile & Stone Installation Systems Comprehensive range of adhesives, grouts, and installation solutions for ceramic, mosaic, and natural stone tiles used by tile installers and contractors.
• Ultracolor Plus High-performance, fast-setting, and quick-drying cementitious grout for all types of tiles, available in 40+ colors including CO2 neutral variants.
• Keraflex Maxi S1 Zerø CO2 neutral tile adhesive, the first Mapei adhesive with zero impact on climate change, part of the ZERO product line.
• Waterproofing Systems Comprehensive waterproofing solutions including membranes, liquid applied coatings, and admixtures for buildings and infrastructure.
• Mapeguard UM 35 Waterproofing membrane for interior and exterior applications, designed to solve problems with difficult substrates.
• Mapelastic 2KR Plus Bitumen-free, 2-component reactive waterproofing solution for construction applications.
• Polyglass Polymer bitumen membranes for roofing applications, operated as a Mapei acquired brand for waterproofing systems.
• Concrete Admixtures / Ready Mix Solutions Concrete admixtures and ready-mix solutions for improving concrete performance, durability, and workability in construction projects.
• Mapefix VE SF Hybrid styrene-free vinyl ester chemical anchoring system for solid and hollow substrates including cement, brick, and stone.
• Mapeflex MS 45 Versatile sealant and adhesive for bonding and sealing a wide variety of materials in construction applications.
• Mapeflex MS 55 Hybrid adhesive and sealant launched April 2024 specifically for prefabricated building applications.
• Planitop Fast 330 Fast-setting fiber-reinforced leveling mortar for walls and floors, suitable for 3 to 30mm layer thickness.
• Planitop Rasa & Ripara Fast-setting, fiber-reinforced, thixotropic cement mortar with compensated shrinkage for concrete repair and restoration.
• Industrial Cement and Resin Floors Systems for constructing industrial cement-bound and resin floors for commercial and industrial facilities.
• Mapefloor System 31, 32 and 33 Multi-purpose epoxy coatings for industrial floor applications.
• MAPECOAT I 24 Industrial floor coating available in RAL colors 7032, 7035, 7040 and custom colors via MAPEI ColorMap.
• Ultratop Loft Modern microcement floor and wall coatings designed for contemporary decorative applications.
• Mapestone PFS 2 Pre-mixed mortar for grouting stone pavements, designed for easy and quick installation.
• Ultracare System Range of products for cleaning, maintenance, and protection of surfaces to preserve their beauty over time.
• Kerapoxy Easy Design Decorative epoxy grout designed for easy application and cleaning in tile installation.
• Profilpas Profiles for floors and walls, shower channels, and raised floor pedestals, acquired by Mapei in October 2022.
• PP Level DUO Maxi Pedestal system for raised floors and balcony applications with single and double rail options.
• Mapeguard Board Waterproof and lightweight multi-purpose construction board used as substrate for ceramic, mosaic, or natural stone installations.
• ZERO Products Product group with zero negative climate impact, offering Mapei quality with CO2 emissions fully offset.
• MAPESIL AC Acetate-crosslinking, single-component, fungicide silicone sealant for construction sealing applications.
• MAPESIL LM Neutral silicone sealant ideal for natural stone applications.
• Mape-Antique System Renovation system for interior walls treating moisture, saltpeter, and mold issues in heritage buildings.
• MAPETHERM External thermal insulation composite system (ETICS) for building facades.
• Structural Strengthening Systems Systems for structural reinforcement of buildings and infrastructure using advanced composite materials.
• Mapecoat TNS Surface coating system for sports surfaces, used at venues including the Misano Circuit.
• Sport Floor Construction Systems Systems for constructing sports floors and artificial grass installations for sports facilities.
• Acoustic Insulation Systems Products and systems for acoustic insulation in buildings to reduce noise transmission.
• Cement Grinding Aids Additives for cement grinding used in cement manufacturing operations.
• Tunnel Construction Systems Specialized products and systems for tunnel construction and waterproofing in civil engineering projects.
• Master Collection Wall Coatings Wall paint products in various colors for architectural finishing and decorative interior applications.

Quantifiable outcome

• 31% CAGR sales growth over 15 years for MAPEI India
• +3 more outcomes

Named customers5 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

14 partnerships are on record, tiered core, flagship and minor.

• WykamolcoreStrategic or Co-development Partner · 1 March 2024Mapei acquired Wykamol, a British waterproofing manufacturer based in Burnley, UK, in March 2024 to enhance waterproofing and property renovation product offerings. The acquisition aims to expand Mapei's local production capacity, improve supply chain efficiency, and strengthen its market position in the UK.
• DiaplascoreStrategic or Co-development Partner · 1 February 2024MAPEI Canada acquired Diaplas, a manufacturer of profiles and trims for floors and walls based in Laval, Quebec, in February 2024. The acquisition aims to expand MAPEI's product range and strengthen its local operations across North America.
• BitumatcoreStrategic or Co-development Partner · 1 February 2024MAPEI S.p.A. acquired Bitumat in February 2024 as part of strategic expansion in the waterproofing chemicals market.
• ProfilpascoreStrategic or Co-development Partner · 1 October 2022Mapei acquired Profilpas, a company specializing in profiles for floor and wall tiles, shower channels, and supplementary products. Profilpas celebrated 50 years of innovation in 2026.
• Productos BroncocoreStrategic or Co-development Partner · 1 January 2017Mapei entered Colombia in 2017 through the acquisition of Productos Bronco, marking its entry into the Latin American market. Since then, Mapei has invested over 40 million euros and operates three plants with more than 300 employees.
• PolyglasscoreStrategic or Co-development PartnerMapei subsidiary specializing in polymer bitumen membranes for roofing applications. Polyglass brand underwent logo renewal in 2023.
• U.S. Sassuolo Football ClubflagshipGTM or Marketing PartnerLong-standing sponsorship of U.S. Sassuolo football club, with the team playing at Stadio Mapei. The stadium was awarded Best Pitch in Serie A for the 2025/2026 season.
• UCI (Union Cycliste Internationale)flagshipGTM or Marketing PartnerMain partner of UCI World Championships for cycling. Sponsorship includes road world championships and various cycling events.
• LP RacingminorGTM or Marketing PartnerMAPEI sponsors LP Racing in the European GT2 Championship 2026. Mapei branding appears on two Maserati MC20 GT2 vehicles.
• GAK 1902 GrazminorGTM or Marketing PartnerSponsorship of Grazer Athletiksportklubs GAK 1902, an Austrian sports club.
• Fondo per l'Ambiente Italiano (FAI)minorGTM or Marketing PartnerCorporate Golden Donor member supporting Italian environmental heritage preservation.
• Guggenheim IntrapresaeminorGTM or Marketing PartnerSupport for contemporary art and cultural initiatives through Guggenheim Intrapresae.
• Accademia Nazionale di Santa CeciliaminorGTM or Marketing PartnerSupport for classical music through partnership with Accademia Nazionale di Santa Cecilia.
• Teatro alla ScalaminorGTM or Marketing PartnerPatronage support for Milan's renowned opera house Teatro alla Scala.

Scale indicators10 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• Fosroc: Pure-play construction-chemicals specialist (now part of Saint-Gobain) producing concrete admixtures, sealants, waterproofing, and grouts; a closely comparable independent specialist in Mapei's core verticals, particularly across infrastructure projects.
• Bostik (Arkema): Specialty adhesives and sealants business of Arkema competing in construction, industrial assembly, and DIY channels; overlaps directly with Mapei's MAPEFLEX and KERAPOXY product families and follows a similar acquisition-led growth strategy.
• Ardex Group: Privately-held German-based specialist in tile installation systems, floor screeds, and waterproofing; a direct peer to Mapei's tile-adhesive and grout portfolio with strong European specification presence.
• Sika AG: Swiss-listed global leader in construction chemicals, sealants, adhesives, and concrete admixtures with comparable product categories and international footprint; widely cited as Mapei's closest direct competitor and the other named party in the Italian price-fixing investigation.
• Kerakoll: Italian-headquartered competitor specializing in tile installation, grouts, and eco-certified construction chemicals; the third named party in the Italian price-fixing investigation and a near-mirror competitor to Mapei in Mediterranean and European markets.
• Saint-Gobain Weber: Saint-Gobain's facade-and-construction-chemicals arm producing tile mortars, renders, facade systems, and waterproofing; competes with Mapei across European commercial and residential tiling and ETICS applications.

Broad incumbents

• RPM International (Tremco, illbruck, Stonhard): US-listed specialty coatings and sealants conglomerate whose Tremco and illbruck brands compete with Mapei in sealants, waterproofing, and concrete repair across North America and EMEA.
• Henkel (Adhesive Technologies): Global adhesives and sealants major with a strong construction-craftsman channel and packaging-adjacent brands; overlaps with Mapei's tile adhesives, sealants, and surface-preparation lines, especially in Europe and North America.
• H.B. Fuller: Global industrial-adhesives manufacturer with construction and roofing overlap (including waterproofing systems); broader portfolio than Mapei but competes in construction sealants and roofing adhesives.
• BASF (Construction Chemicals division): Diversified chemical giant with a major construction-chemicals portfolio spanning admixtures, sealants, and waterproofing; competes directly with Mapei on large infrastructure and commercial-building specifications globally, though as part of a much broader chemical portfolio.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/user/mapeiaustria
• Facebookfacebook.com/MapeiSpA
• LinkedInlinkedin.com/company/mapei_group
• Instagraminstagram.com/mapei_austria

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Mapei