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The waterproofing chemicals global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Waterproofing Chemicals Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The waterproofing chemicals market size has grown rapidly in recent years. It will grow from $21.8 billion in 2023 to $24.15 billion in 2024 at a compound annual growth rate (CAGR) of 10.8%. The growth in the historic period can be attributed to rapid growth in urbanization, infrastructure renewal projects, growing awareness of structural protection, repair and maintenance activities, stringent building codes, real estate development..
The waterproofing chemicals market size is expected to see rapid growth in the next few years. It will grow to $35.98 billion in 2028 at a compound annual growth rate (CAGR) of 10.5%. The growth in the forecast period can be attributed to climate change impact, expansion of green roofs, demand for high-performance coatings, resilience against floods, preference for liquid waterproofing, rise in diy waterproofing.. Major trends in the forecast period include technological advancements in formulation, polyurethane-based waterproofing, smart building technologies, advancements in nanotechnology, market expansion in emerging economies..
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Scope Of Waterproofing Chemicals Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Waterproofing Chemicals Market Overview
Market Drivers –
An increasing building and construction expenditure is expected to propel the growth of the waterproofing chemicals market going forward. The construction sector refers to the sector of industry and trade that deals with creating, maintaining, and repairing infrastructures. The growing construction industry with rising expenditure fuels the need for waterproofing chemicals as they provide a controlled atmosphere and safeguard the structure and contents. For instance, in June 2021, according to a report published by Canada’s national statistical agency, in Canada, the investment in building construction increased from $14,294 million in April 2019 to $19,273 million in April 2021. Also, in the USA, total construction spending increased by 16% since the pandemic’s onset. Therefore, the increase in building and construction expenditure is driving the growth of the heating equipment market.
Market Trends –
Technological developments are a key trend gaining popularity in the waterproofing chemicals market. Major companies operating in the waterproofing chemicals market are developing products with advanced technologies to sustain their position in the market. For instance, in June 2021, JSW Cement, an India-based cement company, launched its construction chemical range, which includes Krysta Leakproof integral crystalline waterproofing compound with reactive crystalline technology. It is a capillary waterproofing substance used in cementitious and concrete mortars in building projects. JSW blocks concrete pores and spaces by generating an impermeable barrier to liquids using a reactive crystalline technique. The compound’s unique features help safeguard concrete and steel reinforcement in construction by permanently limiting water permeability. The substance enhances concrete’s stability by protecting against both negative and positive side waterproofing.
The waterproofing chemicals market covered in this report is segmented –
1) By Product: Bitumen, Elastomers, PVC, TPO, EPDM
2) By Technology: Preformed Membranes, Coatings and LAMS (Liquid Applied Membrane Systems), Integral Systems
3) By Application: Roofing and walls, Floors and basements, Waste and water management, Tunnel liners, Other Applications
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Regional Insights –
Asia-Pacific was the largest region in the waterproofing chemicals market in 2023. The regions covered in the waterproofing chemicals market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Key Companies –
Major companies operating in the waterproofing chemicals market report are Pidilite Industries Limited, Bostik Inc., Choksey Chemicals Pvt. Ltd., Estop Pte. Ltd., ExxonMobil Chemicals Company, Johns Manville Corporation, Mapei S.P.A, Mitsubishi Chemical Holdings Corporation, Polygel Industries Pvt. Ltd., Sika AG, Soprema SAS, The Dow Chemical Company, Thermax Limited, Wacker Chemie AG, BASF SE, Henkel AG & Co. KGaA, Compagnie de Saint-Gobain S.A., GAF Materials Corporation, Firestone Building Products Company LLC, Tremco Incorporated, Kemper System America Inc., Carlisle Companies Inc., GCP Applied Technologies Inc., RPM International Inc., Fosroc International Limited, Chryso SAS, Derbigum Manufacturing (Pty) Ltd., Fosroc Inc., GAF Material Corp., Holcim Ltd., Koster American Corporation, Mapei SpA, W.R. Grace & Co. .
Table of Contents
1. Executive Summary
2. Waterproofing Chemicals Market Report Structure
3. Waterproofing Chemicals Market Trends And Strategies
4. Waterproofing Chemicals Market – Macro Economic Scenario
5. Waterproofing Chemicals Market Size And Growth
…..
27. Waterproofing Chemicals Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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