According to a research survey conducted by ChemView Consulting, in 2022, the Global Waterproofing Chemicals Market was worth US$ 34,169.0 Mn and is expected to grow at a CAGR of 7.5 % over the forecast period. The market is expected to hit US$ 70,423.4 Mn by 2032 end. From 2017–2021, when the market’s CAGR was 6.4%, the market underwent significant growth.
This report provides an in-depth understanding of market segments formed by combining different perspectives such as product type, application, etc. Apart from that, key drivers, constraints, potential growth opportunities and market challenges are also discussed in the following sections.
Major players in the global waterproofing chemicals market are Sika AG, Wacker Chemie AG, BASF SE, DowDuPont, RPM International Inc., Drizoro S.A.U., Conpro Chemicals Pvt. Ltd, Mapei S.p.A, Soprema Inc., Pidilite Industries Ltd., Carlisle Companies Inc., Fosroc, etc. In order to gain a significant share and consolidate its position in the global waterproof chemicals market, manufacturers are pursuing expansion methods such as recent developments, mergers and acquisitions, product innovations, collaborations and partnerships, and joint ventures.
Waterproofing chemicals are synthetic compounds used to waterproof buildings to prevent water penetration and penetration. Excessive water ingress into buildings can reduce building life and cause accidental structural damage, in addition to electrical, metal and other hazards. The outside of the foundation system can be treated with waterproofing chemicals or mixed with construction applications. Buildings and subfloors can benefit from waterproofing in many ways, including reduced building maintenance costs, durable construction, and protection from adverse weather conditions. Waterproofing chemicals are often used to protect buildings from water ingress. Water ingress can shorten the life of structures and pose a threat to electrical systems, metals and human health. Due to frequent climate change, cement-based structures are greatly affected by decay and erosion, shortening the useful life of residential and commercial buildings. Therefore, impregnation chemicals are necessary to extend the life of the structure.
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A list of some of the key suppliers present in the market are:
- BASF SE
- DOW Chemical Company
- Pidilite Industries Limited
- Soprema Group
- Carlisle Companies Inc.
- Johns Manville Corporation
- Drizoro S.A.U
- Mapei S.P.A
- Fosroc International Limited
- RPM International INC.
- SIKA AG
- Wacker Chemie AG
- Conpro Chemicals Private Limited
- Bridgestone Corporation
- Choksey Chemical
Global Waterproofing Chemicals Market 2022-2032: Report Coverage and Highlights
- Assessment of the historical and current market size (2017-2021), market projections (2022-2032), and its contribution to the parent market
- Key drivers, restraints, opportunities, and key emerging trends impacting market growth
- Predictions on critical supply, demand, and technological trends and changes in consumer behavior
- Value chain analysis (list of manufacturers, distributors, end-users, average profitability margins, etc.)
- Segment-wise, country-wise, and region-wise market analysis
- Competition mapping, market share analysis, key strategies adopted by top players, and competitive tactical intelligence
- Key product innovations and regulatory framework
- Covid-19 impact on the market and how to navigate
- Strategic market analysis and recommendations on crucial winning strategies
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https://chemviewconsulting.com/reports/waterproofing-chemicals-market/
About ChemView Consulting:
ChemView Consulting is a leading market research firm in the Asia Pacific, with expertise in Chemicals & Materials, Food & Beverages, Packaging, Oil & Gas, New & Renewable Energy, and Disruptive Technologies. We are one of the top market intelligence firms specializing in business analytics with an expertise in the ever-growing chemicals industry. We track high-growth markets with innovative ideas and opportunities insights through B2B research.
Our client base ranges from industry experts, investors, top companies in the chemicals; and oil & gas industry to SMEs, start-ups, and new entrants. We have worked with over 100 companies to upscale their position as the global leader in the chemical & materials landscape with our cutting-edge analytics and advisory services.
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