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Waterproofing Admixtures MarketSize Analysis, Growth Opportunities, Top Manufacturers, Share, Trends, Segmentation, Regional Analysis, and Forecast to 2028

08-16-2024 07:42 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: ABNewswire

Browse 266 market data Tables and 49 Figures spread through 231 Pages and in-depth TOC on "Waterproofing Admixtures Market"

Browse 266 market data Tables and 49 Figures spread through 231 Pages and in-depth TOC on "Waterproofing Admixtures Market"

The Waterproofing Admixtures market is growing due to rising construction activities and infrastructure development. Asia-Pacific leads in demand, driven by urbanization, while North America and Europe focus on advanced materials and sustainable solutions.
In terms of value, the waterproofing admixtures market [https://www.marketsandmarkets.com/Market-Reports/waterproofing-admixtures-market-89487868.html] is estimated to grow from USD 5.3 billion in 2022 to USD 8.0 billion by 2028, at a CAGR of 7.4%. The demand for waterproofing admixture goods in applications of construction sectors including residential, commercial, and infrastructure has been driven by mounting urbanizations, growing infrastructural development, and eco-sociable construction practices.

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Based on type, the waterproofing admixtures market are segmented as pore blocking admixtures, crystalline admixtures, and densifier. Crystalline admixtures accounted for largest market share, in terms of value, in 2022. Crystalline admixtures is further sub-segmented into calcium hydroxide-based, other minerals, and clay-based admixtures. From them calcium hydroxide based crystalline waterproofing admixtures are the most commonly used. Due to their adaptability and effectiveness to restrict the penetrating water into concrete, crystalline admixtures have drawn attention. They are used in many different applications such as residential, commercial, and infrastructure.

Based on application, the waterproofing admixtures market is segmented as residential, commercial, and infrastructure. From them commercial accounted for the largest market share in waterproofing admixtures market, in terms of value, in 2022. Because, the waterproofing helps commercial buildings withstand exposure to rain, freeze-thaw cycles, and other weather-related challenges. This will eventually reduce their restoration cost for water-leakage. Also, manufacturers are encouraged to invent new waterproofing admixtures for commercial sector.

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Based on region, Asia Pacific dominated the waterproofing admixtures industry [https://www.marketsandmarkets.com/ResearchInsight/waterproofing-admixtures-market.asp], in terms of both value and volume, in 2022 due to the development of applications, strong economic growth and rising disposable incomes favorable government regulations, and growing demand from commercial sector.Thus, the demand for waterproofing admixtures is increased. Likewise, the Asia Pacific is projected to be the fastest growing market, in terms of value, during the forecast period 2023 to 2028.

The key players profiled in the report include Sika AG (Switzerland), Saint-Gobain S.A. (France), Mapei S.p.A. (Italy), Fosroc, Inc. (UAE), Penetron (US) Dow inc. (US) Xypex Chemical Corporation (Canada), RPM International Inc. (US), and among others. These companies have reliable manufacturing facilities as well as strong distribution networks across key regions, such as North America, Europe, Asia Pacific, and the Middle East & Africa. They have an established portfolio of reputable products and services, a robust market presence, and strong business strategies.

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MarketsandMarkets Trademark has been recognized as one of America's best management consulting firms by Forbes, as per their recent report.

MarketsandMarkets Trademark is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore Trademark (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

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