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Waterproofing Admixtures Market Growth Factors, Segmentation, Trends, Opportunities, Key Players and Forecast | Evolve Business Intelligence

12-01-2023 10:08 AM CET | Industry, Real Estate & Construction

Press release from: Evolve Business Intelligence

Waterproofing Admixtures Market Growth Factors,

Key Highlights:
• The global Waterproofing Admixtures Market size was valued at USD 4.1 billion in 2022 growing at a CAGR of 5.3% from 2023 to 2033.
• North America dominated the market in 2022
• Asia Pacific is expected to grow at the highest CAGR from 2023 to 2033

As per the study initiated by Evolve Business Intelligence, the global Waterproofing Admixtures Market size accounted for USD 4.1 Billion in 2022, growing at a CAGR of 5.3% from 2023 to 2033. The waterproofing admixtures market refers to a segment within the construction industry that involves the production, distribution, and application of chemical additives designed to enhance the waterproofing properties of concrete and other construction materials. Waterproofing admixtures are substances added to concrete, mortar, or other construction materials during the mixing process to make them more resistant to water penetration.

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The primary purpose of waterproofing admixtures is to improve the durability and longevity of structures by preventing water ingress. These admixtures typically work by reducing the permeability of concrete, making it less susceptible to damage caused by water, moisture, and other environmental factors. Waterproofing admixtures can be particularly beneficial in structures such as basements, tunnels, foundations, and other below-grade applications where water resistance is crucial.

Key Players
Some of the major Waterproofing Admixtures Market players holding high market shares include BASF SE, CEMEX S.A.B. de C.V., Evonik Industries AG, Fosroc Inc. and Mapei S.p.A. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders. Some of the other major market players include Pidilite Industries Limited, RPM International Inc., Sika AG and W. R. Grace and Company.

Report Description: https://report.evolvebi.com/index.php/sample/request?referer=openpr.com&reportCode=021749

Segmental Analysis
Based on Type, the Waterproofing Admixtures Market is segmented into Crystalline and Pore Blocking. Crystalline admixture have attracted a lot of interest and becoming more and more popular in variety of industries. They remains chemically active within the concrete and has ability to steal the additional gap up to certain size and extent as they occur.
Based on Application, the Waterproofing Admixtures Market is segmented into Building & Construction, Public Infrastructure and Commercial Space. Building and construction segment are the largest segment of waterproofing admixture. The application of these admixture in residential construction serves as a preventive measure against potential structure damage caused by water, encompassing issues like foundation damage and mold growth.

Key Region/ Countries Covered
• North America (US, Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Spain, Russia, Nordic Countries, BeNeLux, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Rest of Asia Pacific)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, South Africa, Rest of MEA)
• Latin America (Mexico, Brazil, Argentina, Rest of Latin America)

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About EvolveBI
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool - EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from fortune's global 2000 companies.

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