Waterproofing Chemicals Market is expected to reach US$ 13.2 Bn Revenues by 2026

Waterproofing Chemicals Market 2022

The global waterproofing chemicals market was estimated to be valued at nearly US$ 9 Bn at the end of the year 2017 and is expected to reach a value of nearly US$ 13.2 Bn by 2026, exhibiting a CAGR of 4.3% during the period of assessment.

The report on global waterproofing chemicals market also provides insights on the various opportunities and trends that are shaping up this market. As per the projections presented by Persistence Market Research.

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Waterproofing chemicals are largely used in the construction sector and a steady growth in this sector has boosted the growth prospects of the global waterproofing chemicals market. Waterproofing chemicals are mainly used in protecting buildings from leakage and seepage that is caused to due to the ingress of water and moisture.

As the pace of industrialization and urbanization is increasing the world over, there is a boost to the construction sector as well, thereby contributing to the positive growth of the global waterproofing chemicals market. Moreover, a rise in the labor wages and cost of raw materials is also acting positively on the global waterproofing chemicals market. On the other hand, as infrastructure building activities are rising rapidly in the world, the construction of tunnels, bridges, roads, etc. is also increasing. This is also likely to positively impact the global waterproofing chemicals market.

Key Companies-

• BASF SE
• DowDuPont Inc.
• Wacker Chemie AG
• Akzo Nobel NV
• Evonik Industries AG
• Sika AG
• W.R. Grace and Company
• H.B. Fuller
• Pidilite Industries Limited
• RPM International
• Others.

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PTFE Sub-segment is the Largest Product Type by Value

The PTFE sub-segment in the product type category of the global waterproofing chemicals market is the largest segment by value and is slated to display a CAGR of 4.4% during the period of forecast. The PTFE segment is projected to reach a market worth of nearly US$ 3,600 Mn at the end of the period of forecast in the year 2026.

Construction End Use Segment to Lead in Terms of Value

The construction sub-segment in the end use industry category of the global waterproofing chemicals market is anticipated to display a CAGR of 4.2% during the period of forecast. The construction sub-segment was estimated to be valued at nearly US$ 3,400 Mn in the year 2017.

Liquid Sub-segment by Technology Poised to Exhibit the Fastest Growth Rate During the Forecast Period

The liquid sub-segment in the technology category of the global waterproofing chemicals market is slated to exhibit the fastest CAGR of 5.1% during the period of forecast. This segment is estimated to reach a market valuation of nearly US$ 2,100 Mn by the end of the year 2026.

APEJ to Remain Dominant Regional Market for Waterproofing Chemicals

The APEJ region is the dominant region in the global waterproofing chemicals market and is anticipated to display a CAGR of 4.7% during the period of forecast. The APEJ region is likely to reach a value of nearly US$ 4,500 Mn by the end of the assessment period in the year 2026.

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Key Questions Answered in This Report-

• What are the Roadblocks for Waterproofing Chemicals Suppliers?
• What are the Key Opportunities for Waterproofing Chemicals Manufacturers?
• How is Focus on Safety Influencing Waterproofing Chemicals Demand?
• What is the Regulatory Impact on Global Sales of Waterproofing Chemicals?
• Which Region Offers the Largest Opportunity for Sales of Waterproofing Chemicals?
• Where Does the U.S. Stand in the Market for Waterproofing Chemicals?
• What Is the Outlook for Waterproofing Chemicals Manufacturers in China?
• Why is Germany a Lucrative Market for Waterproofing Chemicals Manufacturers?
• Why Will Belgium Outpace Other European Markets for Waterproofing Chemicals?
• Why is There High Demand for Tires in Waterproofing Chemicals?
• Why are Sales of Waterproofing Chemicals Surging?

Request you to Read More-

Global Construction Aggregates Market - https://www.persistencemarketresearch.com/market-research/waterproofing-chemicals-market.asp

Steep Slope Roofing Materials Market - https://www.persistencemarketresearch.com/market-research/steep-slope-roofing-materials-market.asp

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