Rapid Urbanization Drives Growth of the Global Waterproofing Chemicals Market: CAGR of 10.5% Expected, Reach of $40.32 Billion by 2029

Growth in the global waterproofing chemicals market is linked with rapid urbanization, stringent building codes, and climate change.

What Is The Projected Market Size Of The Global Waterproofing Chemicals Market And Its Growth Rate?
The waterproofing chemicals market is witnessing a swift rise, with numbers indicating:
• Growth from $24 billion in 2024 to $26.51 billion in 2025 at a CAGR of 10.5%
• Expected size of $40.32 billion in 2029 with a CAGR of 11.0%

This growth can be associated with stringent building codes, infrastructure renewal projects, and increased awareness of structural protection. Carry forward the shift in trends towards green roofs, high-performance coatings, preference for liquid waterproofing, and resilience against floods.

What Is Driving The Growth In The Waterproofing Chemicals Market?
The growth in the waterproofing chemicals market is primarily driven by the rising building and construction expenditure. The construction industry, responsible for infrastructural developments, derives its need for waterproofing chemicals from the necessity to safeguard structures and condition atmospheres. Demonstrating this, building construction in Canada rose 7.8% to $59.0 billion primarily driven by an 11.1% increase in the residential sector, as reported by Lumber Blue Book. Therefore, the increase in building and construction expenditure is a significant growth stimulator in the market.

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Who Are the Key Players Driving Waterproofing Chemicals Market Growth?
The key players driving growth in this sector include:
• 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

What Are The Key Trends In The Waterproofing Chemicals Market?
Key trends influencing the market are:
• Technological advancements in formulation
• Polyurethane-based waterproofing
• Emergence of smart building technologies
• Advancements in nanotechnology
• Market expansion in emerging economies

What Are The Segments Of The Global Waterproofing Chemicals Market?
The global waterproofing chemicals market report includes these segments:
• By Product: Bitumen, Elastomers, PVC, TPO, EPDM
• By Technology: Preformed Membranes, Coatings And LAMS (Liquid Applied Membrane Systems), Integral Systems
• By Application: Roofing And walls, Floors And basements, Waste And water Management, Tunnel liners, Other Applications

Which Region Leads The Waterproofing Chemicals Market?
Asia-Pacific surfaced as the largest region in the waterproofing chemicals market in 2024, covering Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

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What Is Covered In The Waterproofing Chemicals Market Global Market Report?

- Market Size Analysis: Analyze the Waterproofing Chemicals Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Waterproofing Chemicals Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Waterproofing Chemicals Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Waterproofing Chemicals Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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