Waterproofing Chemicals Market: Market Is On The Rise Due To Greater Technological Advancements In The Construction Industry

Waterproofing Chemicals Market Overview

According to a research survey conducted by ChemView Consulting, the current valuation of the Global Waterproofing Chemicals Market is worth US$ 34,169.0 Mn in 2022. The market value of Waterproofing Chemicals is expected to reach US$ 70,423.4 Mn by the year 2032, growing at a CAGR of 7.5% over the forecast period. . From 2017–2021, when the market’s CAGR was 6.4%, the market underwent significant growth.

The Waterproofing Chemicals market is rapidly expanding owing to greater technological advancements in the construction industry. The need to improve the existing infrastructure is anticipated to aid in the growth of the waterproofing chemicals market over the forecast period. Rapid urbanization has increased construction activity across several sectors, and this can be a major factor in the continued demand for waterproofing chemicals over the coming years.

ChemView Consulting has analyzed that Waterproofing Chemicals seek significant demand from the construction industry, positively influencing the market growth. Increasing construction production in regions such as the Middle East, Asia Pacific, and Latin America has risen dramatically in Waterproofing Chemicals demand.

According to ChemView Consulting, the main factors contributing to increased construction are the increased number of people and growing urbanization; industrialization and rapid industrialization have boosted construction activity all over the globe, and this is the major driver for waterproofing chemicals demand over the forecast period.

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Segments Covered in Report

By Product Type:

  • Elastomers
  • Bitumen
  • Polyvinyl Chloride
  • Thermoplastic Polyolefin
  • Ethylene propylene diene monomer
  • Polytetrafluoroethylene
  • Others

By Technology:

  • Preformed Membrane
  • Coatings & Liquid Applied Membrane Systems
  • Integral Systems
  • Others

By Application:

  • Roofing & Walls
  • Floors & Basements
  • Bridge & Highways
  • Waste & Water management
  • Tunnel & Landfills
  • Others

By Region and Country:

  • North America (U.S., Canada)
  • Latin America (Brazil, Mexico, Rest of Latin America)
  • Europe (Germany, Italy, France, UK, Spain, Netherlands, Norway, Russia, Rest of Europe)
  • Asia-Pacific (China, Japan, South Korea, India, Indonesia, Thailand, Vietnam, Australia & New Zealand, Rest of Asia-Pacific)
  • Middle East (Saudi Arabia, Turkey, UAE, Rest of Middle East)
  • Africa (South Africa, Nigeria, Egypt, Rest of Africa)

Key Takeaways from the Waterproofing Chemicals Market

  • Based on Application, the Waterproofing Chemicals segment is projected to be the most lucrative segment over the forecast period as well.
  • Based on the product type, the Bitumen segment will dominate at a significant CAGR during 2022-2032. This segment accounted for 0% of revenue share in 2021.
  • Asia-Pacific is projected to dominate the Waterproofing Chemicals Market with a market share of 0% during the forecast period due to high consumption from the region’s stringent end-use industries and enormous Waterproofing Chemicals production rate.

Competition Summary

Key companies covered in the market study are BASF SE, DOW Chemical Company, Pidilite Industries Limited, Soprema Group, Carlisle Companies Inc., Johns Manville Corporation, Drizoro S.A.U, Mapei S.P.A, Fosroc International Limited, RPM International INC., SIKA AG, Wacker Chemie AG, Conpro Chemicals Private Limited, Bridgestone Corporation, and Choksey Chemical, among others.

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Report Key Highlights

  • Detailed information on factors that will assist Global Waterproofing Chemicals’ growth during the next ten years
  • Assessment of the historical and current Global Waterproofing Chemicals Market size (2017-2021), market projections (2022-2032), and its contribution to the parent market
  • The growth of the market across North America, Europe, East Asia, South Asia & Pacific, Latin America, Middle East, and Africa
  • Segment-wise, country-wise, and region-wise market analysis
  • Key drivers, restraints, opportunities, and key emerging trends impacting market growth
  • Predictions on critical supply, demand, and technological trends and changes in consumer behavior
  • Value chain analysis (list of manufacturers, distributors, end-users, average profitability margins, etc.)
  • Competition mapping, market share analysis, key strategies adopted by top players, and competitive tactical intelligence
  • Covid-19 impact on the market and how to navigate
  • Strategic market analysis and recommendations on crucial winning strategies

About ChemView Consulting

ChemView Consulting is a leading information, market intelligence, and business consulting firm serving worldwide Chemical & Materials, Food & Beverage, Oil & Gas, Clean Energy, and Packaging clients. 70% of the largest Forbes 1000 enterprises are our clients. We serve global clients across leading & niche market segments across Chemicals & Materials, Food & Beverage, Oil & Gas, Clean Energy & Power, and Packaging. ChemView Consulting serves clients in approximately 100 countries, with its office in the U.S. and delivery centers in India.

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