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Waterproofing Chemicals Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2023

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Waterproofing chemicals are a set of chemical compounds that are incorporated with other chemical constituents to provide a barrier against leakage and increase the durability of the finished product. These chemicals are utilized as admixtures and additives with various materials, which include cement, mortar, plastics, paints, colors, inks, and detergents. Based on the type of source, waterproofing chemicals can be segmented into natural or mineral-based and synthetic. Natural waterproofing chemicals include crystalline silica, silicon dioxide, quartz, gypsum, calcium stearate, and other alkaline earth metals. Furthermore, synthetic chemicals comprise polyurethane, polyethylene, polysulfide, acrylates, and other petrochemicals. Waterproofing chemicals when employed as admixtures act as binders and prevent penetration of water molecules through the construction material. Waterproofing chemicals improve water-repelling properties of finished products when used as additives during processing of polymers and paints & coatings. Building and construction, polymer processing, paints & coatings, and printing inks are the major end-user industries of the waterproofing chemicals market.

Global demand for waterproofing chemicals is driven by the building & construction industry. Rise in construction activities, especially in developing regions, owing to population growth has fueled the production of sustainable building materials such as waterproofing admixtures, adhesives, sealants, and membranes. Waterproofing chemicals are widely used in residential, commercial, and industrial construction. Under residential construction, these chemicals are used for waterproofing of the terrace, roofs, water tanks, and swimming pool basements. Waterproofing chemicals are incorporated with materials such as asphalt, cement, concretes for construction of roads, highways, and bridges in the commercial construction segment. Moreover, waterproofing chemicals are employed for repair and maintenance of flooring, industrial grouts, and storage tanks, especially in marine and oil & gas industries. Crystalline waterproofing and flexible membrane waterproofing are the most widely used application techniques in the building & construction industry.

Certain factors such as ever-changing government policies, fluctuating raw material prices, and transportation costs may hamper the growth of the global waterproofing chemicals market. However, the waterproofing chemicals market is expected to expand over the next few years due to rising applications of these chemicals in the plastic and paints & coatings industries.

In terms of global demand, Asia Pacific is currently the largest producer of waterproofing chemicals. The region is expected to exhibit the fastest growth in the waterproofing chemicals market by the end of 2023. China, India, and Indonesia are likely to be the leading countries in this region owing to the development in infrastructure and improved standard of living. Latin America is anticipated to be second-fastest growing market for waterproofing chemicals in the near future. The region is likely to host the Olympics in the future. Thus, increase in development and investment in the commercial and residential construction is likely to fuel the demand for waterproofing chemicals by 2023. Currently, Europe is the second-largest producer of waterproofing chemicals. The region is anticipated to exhibit sluggish growth by 2023 due to stringent EU regulations. The North America waterproofing chemicals market is expected to remain stable over the forecast period. The Middle East and Africa are anticipated to provide large opportunities for construction chemicals during the forecast period.

Some of the key manufacturers of waterproofing chemicals include BASF SE, Kryton International Inc., Penetron, Isomat S.A., and Sika Group.

This research report analyzes this market on the basis of its market segments, major geographies, and current market trends. Geographies analyzed under this research report include

  • North America
  • Asia Pacific
  • Europe
  • Middle East and Africa
  • Latin America

This report provides comprehensive analysis of

  • Market growth drivers
  • Factors limiting market growth
  • Current market trends
  • Market structure
  • Market projections for upcoming years

This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.

Reasons for Buying this Report

  • This report provides pin-point analysis for changing competitive dynamics
  • It provides a forward looking perspective on different factors driving or restraining market growth
  • It provides a six-year forecast assessed on the basis of how the market is predicted to grow
  • It helps in understanding the key product segments and their future
  • It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
  • It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
  • It provides distinctive graphics and exemplified SWOT analysis of major market segments

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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