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Comprehensive Waterproofing Chemicals Market Insights: Forecasting Size, Growth, and Competitive Trends from 2025 to 2034
What industry-specific factors are fueling the growth of the waterproofing chemicals market?An upward trend in building and construction spending is anticipated to boost the development of the waterproofing chemicals market in future. The construction sector is associated with development and repair services offered for various infrastructures. The acceleration in construction industry and consequent expenses magnifies the requirement for waterproofing chemicals that ensure a regulated environment and protect both the structure and its contents. To illustrate, in February 2024, the Lumber Blue Book, an online directory for investment information based in the US, reported a 7.8% increase in Canada's building construction, up to $59.0 billion, mainly triggered by a 11.1% uptick in the residential sector. As a result, the surge in the expenditure associated with building and construction is propelling the expansion of the heating equipment market.
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What Is the projected market size and growth rate for the waterproofing chemicals market?
The size of the waterproofing chemicals market has seen a swift expansion in the past few years. The market, valued at $24 billion in 2024, is expected to ink an increase to $26.51 billion in 2025, indicating a compound annual growth rate (CAGR) of 10.5%. This substantial growth during the historical period can be linked to factors such as the swift pace of urbanization, undertakings related to infrastructure rejuvenation, increased cognizance towards structural conservation, regular repair, and maintenance routines, strict edifice laws, and progress in the real estate sector.
The market size for waterproofing chemicals is anticipated to witness significant expansion in the forthcoming years, escalating to $40.32 billion in 2029 with a compound annual growth rate (CAGR) of 11.0%. Factors contributing to this expected growth during the forecast period encompass impacts of climate change, the proliferation of green roofs, an increase in demand for high-performance coatings, increased flood resilience, a preference for liquid waterproofing, and the rise of diy waterproofing strategies. Key trends projected for the forecast period entail advancements in formulation technology, a growth in the use of polyurethane-based waterproofing, the progression of smart building technologies, advancements in nanotechnology, and market expansion in emerging economies.
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What new trends are reshaping the waterproofing chemicals market and its opportunities?
Firms that dominate the waterproof chemicals industry are prioritizing the advancement of Home Protect Waterproofing. This initiative aims to bolster the lifespan and sturdiness of construction materials, safeguard edifices against water impairment, and address the escalating need for efficient and eco-friendly waterproofing resolutions in both residential and commercial settings. Home Protect Waterproofing encompasses services and goods that obstruct water penetration and secure homes against detrimental water exposure. For example, Shalimar Paints, a renowned India-based paint and coating production entity, unveiled two cutting-edge additions to their Home Protect Waterproofing lineup in July 2024: Zero Damp Advance and Zero Damp Smart. These offerings are engineered to afford superior defense against water leakage, breaking new ground in the industry with warranties extending up to 12 years.
What major market segments define the scope and growth of the waterproofing chemicals market?
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
Subsegments:
1) By Bitumen: Bitumen Emulsions, Modified Bitumen Membranes, Bituminous Coatings
2) By Elastomers: Thermoplastic Elastomers (TPE), Synthetic Rubber-Based Waterproofing
3) By PVC (Polyvinyl Chloride): PVC Membranes, PVC Coatings
4) By TPO (Thermoplastic Olefin): TPO Membranes, TPO Coatings
5) By EPDM (Ethylene Propylene Diene Monomer): EPDM Membranes, EPDM Coatings
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Which region dominates the waterproofing chemicals market?
Asia-Pacific was the largest region in the waterproofing chemicals market in 2024. The regions covered in the waterproofing chemicals market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Which key market leaders are driving the waterproofing chemicals industry growth?
Major companies operating in the waterproofing chemicals market 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, 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, W.R. Grace & Co.
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What Is Covered In The Waterproofing Chemicals Global Market Report?
• Market Size Forecast: Examine the waterproofing chemicals market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the waterproofing chemicals market for a structured understanding.
• Key Players Overview: Analyze major players in the waterproofing chemicals market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the waterproofing chemicals market.
• Segment Contributions: Evaluate how different segments drive overall growth in the waterproofing chemicals market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the waterproofing chemicals market.
• Industry Challenges: Identify potential risks and obstacles affecting the waterproofing chemicals market.
• Competitive Landscape: Review strategic developments in the waterproofing chemicals market, including expansions, agreements, and new product launches.
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