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Wireless In-Flight Entertainment Market Report 2024 Latest Insights, Growth Rate, Future Trends And Forecast
The new report published by The Business Research Company, titled "Waterproofing Chemicals Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.As per the report, the waterproofing chemicals market size has grown rapidly in recent years. It will grow from $21.8 billion in 2023 to $24.15 billion in 2024 at a compound annual growth rate (CAGR) of 10.8%. The waterproofing chemicals market size is expected to see rapid growth in the next few years. It will grow to $35.98 billion in 2028 at a compound annual growth rate (CAGR) of 10.5%.
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Surging Building And Construction Expenditure Boosts Growth In The Waterproofing Chemicals Market
An increasing building and construction expenditure is expected to propel the growth of the waterproofing chemicals market going forward. The construction sector refers to the sector of industry and trade that deals with creating, maintaining, and repairing infrastructures. The growing construction industry with rising expenditure fuels the need for waterproofing chemicals as they provide a controlled atmosphere and safeguard the structure and contents. For instance, in June 2021, according to a report published by Canada's national statistical agency, in Canada, the investment in building construction increased from $14,294 million in April 2019 to $19,273 million in April 2021. Also, in the USA, total construction spending increased by 16% since the pandemic's onset. Therefore, the increase in building and construction expenditure is driving the growth of the heating equipment market.
Technologies Advancements In The Waterproofing Chemicals Market
Technological developments are a key trend gaining popularity in the waterproofing chemicals market. Major companies operating in the waterproofing chemicals market are developing products with advanced technologies to sustain their position in the market. For instance, in June 2021, JSW Cement, an India-based cement company, launched its construction chemical range, which includes Krysta Leakproof integral crystalline waterproofing compound with reactive crystalline technology. It is a capillary waterproofing substance used in cementitious and concrete mortars in building projects. JSW blocks concrete pores and spaces by generating an impermeable barrier to liquids using a reactive crystalline technique. The compound's unique features help safeguard concrete and steel reinforcement in construction by permanently limiting water permeability. The substance enhances concrete's stability by protecting against both negative and positive side waterproofing.
The waterproofing chemicals market covered in this report is segmented -
1) By Product: Bitumen, Elastomers, PVC, TPO, EPDM
2) By Technology: Preformed Membranes, Coatings and LAMS (Liquid Applied Membrane Systems), Integral Systems
3) By Application: Roofing and walls, Floors and basements, Waste and water management, Tunnel liners, Other Applications
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Major companies operating in the waterproofing chemicals market report are Pidilite Industries Limited, Bostik Inc., Choksey Chemicals Pvt. Ltd., Estop Pte. Ltd., ExxonMobil Chemicals Company, Johns Manville Corporation, Mapei S.P.A, Mitsubishi Chemical Holdings Corporation, Polygel Industries Pvt. Ltd., Sika AG, Soprema SAS, The Dow Chemical Company, Thermax Limited, Wacker Chemie AG, BASF SE, Henkel AG & Co. KGaA, Compagnie de Saint-Gobain S.A., GAF Materials Corporation, Firestone Building Products Company LLC, Tremco Incorporated, Kemper System America Inc., Carlisle Companies Inc., GCP Applied Technologies Inc., RPM International Inc., Fosroc International Limited, Chryso SAS, Derbigum Manufacturing (Pty) Ltd., Fosroc Inc., GAF Material Corp., Holcim Ltd., Koster American Corporation, Mapei SpA, W.R. Grace & Co. .
Contents of the report:
1. Executive Summary
2. Waterproofing Chemicals Market Report Structure
3. Waterproofing Chemicals Market Trends And Strategies
4. Waterproofing Chemicals Market - Macro Economic Scenario
5. Waterproofing Chemicals Market Size And Growth
…..
27. Waterproofing Chemicals Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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