openPR Logo
Press release

Waterproofing Chemicals Market - Positive Long-Term Growth Outlook 2024

Waterproofing Chemicals Market - Positive Long-Term Growth

The global waterproofing chemicals market features a highly consolidated competitive landscape, with the top five companies accounting for over 85% of the overall market in 2015, observes Transparency Market Research in a recent report. These five companies, namely BASF SE, The Dow Chemical Company, E.I. du Pont de Nemours and Company, Evonik Industries, and Sika AG hold strong market positions owing to their wide geographical presence and product portfolios that span across a vast range of industrial applications. Market-oriented research and developments and increased focus on emerging markets such as Asia Pacific and Middle East and Africa are expected to bolster growth prospects of potential competitors in the near future.

TMR estimates that in terms of revenue, the market was valued at U.S$7,948.4 mn in 2015 and will reach U.S$12,335.2 mn by 2024, expanding at a healthy CAGR of 5.1% between 2016 and 2024. In terms of end-use, the construction and infrastructure sectors cumulatively held more than 70% of the waterproofing chemicals business. These segments are also expected to retain their positions as the leading consumers of waterproofing chemicals over the forecast period. Geographically, the market for waterproofing chemicals in Asia Pacific is presently the leading regional market and is expected to remain the dominant regional market over the forecast period as well.

This 210 page report gives readers a comprehensive overview of the Waterproofing Chemicals market.Browse Market Research Report @
http://www.transparencymarketresearch.com/waterproofing-chemicals-market.html

Healthy Demand across Construction Sector to Help Market Gain Momentum

Sustainable demand across the global construction industry is pivotal to the overall development of the global waterproofing chemicals market as the former provides the market more than 60% of its business. In the past few years, the rising demand for a variety of waterproofing chemicals in the ever-expanding construction industry, for purposes such as the protection of buildings and structures from leakage and seepage caused by water and moisture, has been key to market growth. The demand for these chemicals has remained strong from new construction projects as well as projects managing refurbishment of existing buildings.

The public infrastructure space, including structures such as bridges, tunnels, pavements, roadways, and public utility centers, has also been key to the healthy demand for waterproofing chemicals in the global market. Extensive investments and the rising implementation of development programs in this field across regions such as Asia Pacific and Africa are expected to fuel the demand for waterproofing chemicals in the next few years.

Low Product Awareness among Consumers could Hinder Market Growth

Waterproofing chemicals are still largely considered a niche product in the construction chemicals segment. This is because of the understanding of the specific use of these chemicals in high-end applications, which is mostly limited to industry experts. The high base cost of these chemicals, in addition to the substantial costs incurred for labor have also been key restraints in terms of product acceptance and use in general consumer markets. As a result, waterproofing chemicals are mostly used in upscale construction segments.

Get accurate market forecast and analysis on the Waterproofing Chemicals market. Request a sample to stay abreast on the key trends impacting this market@
http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=8530

Waterproofing chemicals have a limited footprint in the global market, with a share of less than 20% of the overall construction chemicals market due to thier limited use in residential building segment as well as low product marketing and promotions. These factors are projected to have a sizeable negative impact on the overall development of the market in the next few years.

This review of the market is based on a recent market research report published by Transparency Market Research, titled “Waterproofing Chemicals Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024.”

For the study, the global waterproofing chemicals market has been segmented as follows:

Waterproofing Chemicals Market - Product Analysis
Bitumen
PVC
EPDM
TPO
PTFE
Silicone

Waterproofing Chemicals Market - Technology Analysis
Sheet based Membrane
Liquid Coated Membrane
Cementitious Waterproofing
Others (sprays, coatings etc.)

Waterproofing Chemicals Market - End Use Analysis
Construction
Infrastructure
Automotive
Textile and Leather
Others

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact Us

Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com/
Visit Blog : http://depthresearchreport.blogspot.in/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Waterproofing Chemicals Market - Positive Long-Term Growth Outlook 2024 here

News-ID: 581562 • Views:

More Releases from Transparency Market Research

Tissue Banking Market is Expected to Reach US$ 2,903.3 Million to 2026| TMR Study
Tissue Banking Market is Expected to Reach US$ 2,903.3 Million to 2026| TMR Stud …
The global 𝐭𝐢𝐬𝐬𝐮𝐞 𝐛𝐚𝐧𝐤𝐢𝐧𝐠 𝐦𝐚𝐫𝐤𝐞𝐭 reached a value of US$ 1,056.4 million in 2017 and is projected to nearly triple to US$ 2,903.3 million by 2026, with a robust Compound Annual Growth Rate (CAGR) of approximately 12.0% from 2018 to 2026. Factors such as increasing awareness about tissue donation, technological advancements, and a growing target patient population are anticipated to propel market growth during this period. Moreover, the market is expected
Vascular Closure Devices Market to reach US$ 1 Billion by 2027: TMR Study
Vascular Closure Devices Market to reach US$ 1 Billion by 2027: TMR Study
This report by Transparency Market Research, Inc. assesses the present state and future growth potential of the global 𝐯𝐚𝐬𝐜𝐮𝐥𝐚𝐫 𝐜𝐥𝐨𝐬𝐮𝐫𝐞 𝐝𝐞𝐯𝐢𝐜𝐞𝐬 𝐦𝐚𝐫𝐤𝐞𝐭. It features a comprehensive executive summary, offering insights into various segments of the market. Additionally, the report provides detailed analysis and data on product, access type, application, end user, and regional segments within the global market. Vascular closure devices is estimated to reach a value of ~US$ 1 Bn
Digital Health Market Estimated at US$ 1.1 Trillion by 2031, TMR Study
Digital Health Market Estimated at US$ 1.1 Trillion by 2031, TMR Study
In 2022, the worldwide 𝐃𝐢𝐠𝐢𝐭𝐚𝐥 𝐇𝐞𝐚𝐥𝐭𝐡 𝐢𝐧𝐝𝐮𝐬𝐭𝐫𝐲 garnered a valuation of US$ 382.5 billion. Projections indicate a steady growth trajectory, with a compound annual growth rate (CAGR) of 13.1% anticipated from 2023 to 2031, ultimately culminating in a total valuation of US$ 1.1 trillion by the conclusion of 2031. Market analysts foresee a promising outlook characterized by the burgeoning prevalence of chronic diseases and the increasing adoption of smartphones and internet
Global Data Center Networking Market Set to Surge, Forecasted to Reach US$ 56.3 …
The Data Center Networking Market is poised for remarkable growth, driven by the burgeoning demand for cloud-native applications and the rapid adoption of data center virtualization and cloud computing. With an estimated value of US$20.6 billion in 2021, the market is projected to surge at a robust CAGR of 10.8% from 2022 to 2031, reaching a staggering US$56.3 billion by the end of 2031. Get Sample Copy of This Report at:

All 5 Releases


More Releases for Waterproofing

Waterproofing Chemicals Market 2021 | Detailed Report
Waterproofing Chemicals Market Forecasts report provided to identify significant trends, drivers, influence factors in global and regions, agreements, new product launches and acquisitions, Analysis, market drivers, opportunities and challenges, risks in the market, cost and forecasts to 2027. Get Free Sample PDF (including full TOC, Tables and Figures) of Waterproofing Chemicals Market @ https://www.reportsnreports.com/contacts/requestsample.aspx?name=4572224 The report provides a comprehensive analysis of company profiles listed below: - BASF - Soprema Group - SIKA - Pidilite - Mapei -
Industry analysis on Waterproofing Membranes
Waterproofing Membranes Market: Key Highlights The global waterproofing membranes market was valued at ~US$ 19 Bn in 2018 and is anticipated to expand at a CAGR of ~7% during the forecast period. The global waterproofing membranes market is primarily driven by growth in the construction industry and rise in the need to improve the quality of construction. Emerging and developed economies across the globe are carrying out infrastructure developments such as roadways,
Waterproofing: A Water-Resistant Solution! – Arizton
In 2019, the global waterproofing market was growing exponentially due to the rising number of construction activities across the globe. Waterproofing material manufacturers were predominately supplying to the residential construction sector globally. The waterproofing market will witness high growth in North America and APAC during the forecast period. The construction work carried out in China and India accounted for a share of 7% of the construction industry in the APAC
Global Waterproofing Systems Market Size & Forecasts
As per another statistical surveying report distributed by Global Market Estimates, the Global Waterproofing Systems Market is relied upon to develop at a CAGR of 8.5% during the figure time frame (2020-2026). Factors such as rising government investmentsin infrastructural development and improving water management activities especially by developing countries are triggering the overall waterproofing market on a global scale. With increasing awareness of wastewater management, various industries are shifting their
Global Waterproofing Chemicals Market | MarketResearchReports.biz
Latest industry research report on: Global Waterproofing Chemicals Market : Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts Specialty chemicals possess different effects and properties. Thus, they have a wide range of applications in many industries. Use of these chemicals can improve the performance of surfaces or products. Waterproofing chemicals come under one of the sub-segments of specialty chemicals. Waterproofing chemicals enhance the performance of surfaces and
Waterproofing Expert Earns Top BBB Rating
Winnipeg, MB - Local company earns A rating with the Better Business Bureau. Basement Systems Winnipeg works on drying BC basements and crawl spaces to make customers' homes healthier. Because of their top-notch customer service and satisfaction, they have earned an A rating from the Better Business Bureau. Basement Systems Winnipeg works hard to gain the trust of their customers and continues to make healthy air quality changes to homes