Press release
Waterproofing Chemicals Market is projected to grow USD 85 billion, Trends, Growth Opportunity, Movements by Analysis, Progression Status, Forecast to 2028
Waterproofing Chemicals Market Overview:Waterproofing chemicals keep water from penetrating and percolating through the structure. Aside from electrical, metal, and other structural hazards, excessive water penetration in buildings can shorten their life span and cause accidental damage to the structure. Rising demand for waterproofing chemicals from rapidly expanding construction activities in developing countries, as well as rising demand for roofing and wall applications, are driving market growth. However, the market's price-sensitive nature as a result of fluctuating crude oil prices is posing a significant impediment to the market's growth trajectory. However, in the near future, the landfill and water management sectors are likely to be a great opportunity for further use of waterproofing chemicals.
The global Waterproofing Chemicals market is projected to grow from USD 57 billion in 2019 to USD 85 billion by 2028, at a CAGR 11% during the forecast period 2022-2028.
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Waterproofing Chemicals Market Key Players
The study of the growth of the top market player for in the target sector includes new projects with speculative returns, innovations and study of the accessibility of companies. some of the profiled players are Pidilite Industries Ltd, BASF, Polygel Industries, ExxonMobil Chemicals, Dow Chemical Company, E.I. DuPont De Nemours & Co, Mitsubishi Chemical Holdings Company, Toray Industries, Evoniik Industries, Eastman Chemical Company, Choksey Chemicals Pvt Ltd, Tri and Others
Recent Development
Jan 2022 According to company executives, a top worldwide building materials manufacturer wants to buy a maker of specialty construction chemicals for more than $2 billion. Saint-Gobain has agreed to pay $32 per share for GCP Applied Technologies' outstanding shares for a total transaction value of $2.3 billion.
Sep 2021 Gore, the developer of GORE-TEX®, said today that it would never longer use PFAS chemicals in its waterproof outdoor textiles after decades of doing so. Gore will provide a new choice for the essential membrane that offers waterproofing in its consumer outdoor clothing goods.
August 24, 2021- Sika has announced the acquisition of a manufacturer of waterproofing systems in China, Shenzhen Landun Holding Co., Ltd. The company provides a thorough variety of waterproofing products and technologies, greatly accompanying Sika's existing portfolio. The mixed offering will offer the latest opportunities to grow in the rapidly-growing Chinese waterproofing market.
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Waterproofing Chemicals Market Segmentation:
Waterproofing Chemicals Market by Product, 2019-2028, (In USD Billion)
Bitumen
PVC
EPDM
TPO
PTFE
Silicone
Waterproofing Chemicals Market by Technology, 2019-2028, (In USD Billion)
Preformed Membrane
Coatings & LAMs
Integral Systems
Waterproofing Chemicals Market by Application, 2019-2028, (In USD Million)
Roofing & walls
Floors & basements
Waste & water management
Tunnel liners
Others
Growth Factors:
Increasing demand from the Waterproofing Chemicals industries
The growing use of Waterproofing Chemicals in Chemical and Material Sectors.
Rising demand for products
Technological advancements in production processes
Growing applications in Waterproofing Chemicals Market
Waterproofing Chemicals Market Regional Analysis
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Fiberglass Storage Tank (Fiberglass Tank) Professional in these regions, from 2022-2028, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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Key Waterproofing Chemicals Market Trends
- The report identifies, determines, and forecasts the Global Waterproofing Chemicals Market segments based on their type, sub-type, technology used, applications, end-users, and regions.
- Industry to Industry Holds Largest Share in the Waterproofing Chemicals Market
- It examines the micro-markets based on their growth trends, development patterns, future prospects, and contribution to the overall market.
- Demand from Regional / geographical is expected to drive the Growth
- Rising Adoption of Market Segments in the Waterproofing Chemicals Growth
- It studies the competitive developments such as partnerships and collaborations, mergers and acquisitions (M&A), research and development (R&D) activities, product developments, and expansions in the Global Waterproofing Chemicals Market.
Frequently Asked Questions
What is the study period of this market?
What is the growth rate of Waterproofing Chemicals Market?
Which region has highest growth rate in Waterproofing Chemicals Market?
Which region has largest share in Waterproofing Chemicals Market?
Who are the key players in Waterproofing Chemicals Market?
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