Waterproofing Solutions Market 2020 Highlights Recent Trends, Market Growth, Business Opportunities till 2025
- Roofing and walls application dominated the market and is expected to grow during the forecast period.
- Recovering South American construction industry is likely to act as an opportunity in the future.
- Asia-Pacific dominated the market across the globe with the largest consumption from countries such as China and India.
The key players of the Waterproofing Solutions Market are Sika AG, BASF, Carlisle Cos. Inc, RPM International Inc., and GCP Applied Technologies Inc. and Others.
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Key Market Trends
Increasing Demand form Roofing and Walls Application
- Waterproofing solutions are mainly used in commercial and institutional applications, to prevent any kind of leakage in the building structure.
- Leakage in building, specially roofs, and walls has been a cause of concern due to water leakage from different parts of the building.
- Drainage slope of the roof is one of the most important factors. Each building plan must also incorporate a roof plan, indicating the position of drainage pipes and direction and extent of slope on the roof.
- PVC roofing systems have witnessed tremendous growth in the recent years, due to a variety of standout characteristics, notably, the longevity, durability in harsh weather and temperature extremes, low lifecycle costs, energy efficiency, heat and solar reflectance, flame resistance, chemical and grease resistance, ease of maintenance, ease and flexibility of installation, and inherent recyclability/re-use, among many other benefits.
- TPO roofing membranes are also used, as they are highly resistant to tears, impacts, and punctures, with good flexibility to allow for building movement. TPO membranes contain no toxic or hazardous ingredients and are fully recyclable.
Asia-Pacific Region to Dominate the Market
- The construction industry, which includes buildings and floors, is expanding at a rapid rate globally, with exceptional growth in Asia-Pacific.
- This can be mainly attributed to an expanding population, resulting in the need for more residential and commercial buildings for various purposes.
- In addition, the demand for multistoried buildings in both developed and developing nations is another factor boosting the construction industry, which, in turn, is expected to have a positive impact on the waterproofing solution market.
- The demand for waterproofing solutions is increasing from roofing and piping in the Asia-Pacific region, due to the increase in commercial infrastructure projects in these regions.
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Regions covered By Waterproofing Solutions Market Report 2020 To 2025 are
North America (The United States, Canada, and Mexico), Asia-Pacific (China, India, Japan, South Korea, Australia, Indonesia, Malaysia, and Others), Europe (Germany, France, UK, Italy, Russia, and Rest of Europe), Central & South America (Brazil, and Rest of South America), and Middle East & Africa (GCC Countries, Turkey, Egypt, South Africa and Other)
Effect of the Waterproofing Solutions market report is
- A comprehensive evaluation of all opportunities and risks in the market.
- Waterproofing Solutions market current developments and significant occasions.
- A deep study of business techniques for the development of the market-driving players.
- Conclusive study about the improvement plot of the market for approaching years.
- Top to the bottom approach of market-express drivers, targets, and major littler scale markets.
- Favorable impressions inside imperative mechanical and publicize the latest examples striking the market.
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