Global Waterproofing Admixtures Market: Snapshot

Waterproofing admixtures are permeability-reducing admixtures that resist water penetration and reduces absorption into concrete under hydrostatic pressure or non-hydrostatic pressure. Waterproofing admixtures improve the durability of structures and reduce maintenance cost over time. These reasons have spiked the demand for waterproofing admixtures in the renovation of old structures as well as new ones. The report states that the value of the global waterproofing admixtures market is expected to be worth US$4.9 bn by 2024 from US$2.5 bn in 2015, as the market surges at a CAGR of 7.9%. 

waterproofing admixture market

Crystalline Waterproofing Admixtures Show Steady Growth in Residential Sector

Based on the product type, waterproofing admixture market is segmented into crystalline, pore-blocking, and others which include supplementary cementitious material. Crystalline waterproofing admixtures are hydrophilic in nature and are also known as the primary admixture. This type of admixture is produced using proprietary active chemicals and cementitious material. Crystalline admixtures have self-healing abilities and can thus repair a hairline crack that is up to 0.5mm. Thus, this product is categorized under permeability reducing admixture under hydrostatic pressure (PRAH). 

On the other hand, pore-blocking admixtures are manufactured by using water repellent chemicals such as long chain fatty acids derivatives, mineral oil, and stearates. Pore-blocks admixtures form an insoluble hydrophobic layer on concrete walls to block passage of water if they are used during the hydration process. They are popularly known as secondary admixtures and categorized under permeability reducing admixture under non-hydrostatic pressure (PRAN). 

In terms of application, waterproofing admixture market is segmented into residential, commercial, and infrastructure sectors. The residential sector is expected to lead the global market due to increasing ongoing urbanization that has created a pressing need for new residential projects. Demand for the crystalline product is projected to be dominated by consumption of the product in residential as well as in commercial applications. Crystalline products offer several advantages than the other admixtures due to its characteristic feature such as the ability to work under hydrostatic pressure. 

Asia Pacific Leaps Ahead as Demand for New Constructions Continue to Rise

In terms of geography, the global waterproofing admixtures market is fragmented into North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. Of these, Asia Pacific has been leading the global market and is expected to retain its dominance throughout the forecast period. The rapid growth of the construction sector across Asia Pacific, especially in countries such as India and China has boosted the demand for cement and concrete, which, in turn, is driving waterproofing admixture market. In the Middle East and Africa, development of new multifamily housing projects will contribute towards the global demand for waterproofing admixture. North America and Europe are mature markets and are less lucrative than Asia Pacific owing to the enactment of strict government regulations on CO2 and VOC emitting products and rise in consumer awareness about waterproofing admixtures in these regions.  

Furthermore, the rising number of immigrants, refugees, and increasing prospect of sustainable building material such as high-performance concrete, augmenting the growth of the residential sector in Europe thereby promoting the growth of waterproofing admixture market. North America accounted for a low share in 2015 due to slump in the construction and building activities. 

The key players operating in the global waterproofing admixtures market are BASF SE, Sika AG, Mapei SPA, and Cemex. These companies are focusing on developing result-oriented marketing strategies and expanding their geographical reach to developing regions such as Asia Pacific in the coming years.

Global Waterproofing Admixture Market: Overview

Waterproofing admixture is a porous chemical ingredient employed during cement or concrete formulation to resist water penetration and water-borne contaminants. Waterproofing admixture is primarily used in residential, commercial, and infrastructure sector. Concrete being sustainable building material can reduce carbon footprint by 30-40%, but being porous in nature it is susceptible to chemical attack. Thus, waterproofing admixtures if employed during formulation provides excellent resistance to alkali attack during climate and weather changes. It also reduces maintenance cost and enhances the durability of concrete structures. 

The report estimates and forecasts the waterproofing admixture market on the global, regional, and country levels. The study provides forecast between 2016 and 2024 based on volume (KiloKilo Tons) and revenue (US$ Bn) with 2015 as the base year. The report comprises an exhaustive value chain analysis for each of the product segments. It provides a comprehensive view of the market. Value chain analysis also offers detailed information about value addition at each stage. The study includes drivers and restraints for the waterproofing admixture market along with their impact on demand during the forecast period. The study also provides key market indicators affecting the growth of the market. The report analyzes opportunities in the waterproofing admixture market on the global and regional level. Drivers, restraints, and opportunities mentioned in the report are justified through quantitative and qualitative data. These have been verified through primary and secondary resources. Furthermore, the report analyzes global average price trend analysis of waterproofing admixture. 

Global Waterproofing Admixture Market: Research Methodology

Secondary research sources that were typically referred to include, but were not limited to company websites, financial reports, annual reports, investor presentations, broker reports, and SEC filings. Other sources such as internal and external proprietary databases, statistical databases and market reports, news articles, national government documents, and webcasts specific to companies operating in the market have also been referred for the report. 

In-depth interviews and discussions with a wide range of key opinion leaders and industry participants were conducted to compile this research report. Primary research represents the bulk of research efforts, supplemented by extensive secondary research. Key players’ product literature, annual reports, press releases, and relevant documents were reviewed for competitive analysis and market understanding. This helped in validating and strengthening secondary research findings. Primary research further helped in developing the analysis team’s expertise and market understanding. 

Global Waterproofing Admixture Market: Segmentation

The study provides a comprehensive view of the Waterproofing Admixture market by dividing it into product type, application and geography. The waterproofing admixture market has been segmented into crystalline, pore-blocking, and others. Application segments have been analyzed based on historic, present, and future trends, and the market has been estimated in terms of volume (Kilo Kilo Tons) and revenue (US$ Bn) between 2016 and 2024. 

Regional segmentation includes the current and forecast demand for activated alumina in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa (MEA). Additionally, the report comprises country-level analysis in terms of volume and revenue for end-user segments. Key countries such as the U.S., Germany, France, the U.K., Spain, Italy, India, China, South Africa, Mexico, and Brazil have been included in the study. Market segmentation includes demand for individual end-users in all the regions and countries. 

Global Waterproofing Admixture Market: Competitive Landscape

The report includes Porter’s Five Forces Model to determine the degree of competition in the waterproofing admixture market. The report comprises a qualitative write-up on market attractiveness analysis, wherein application and countries have been analyzed based on attractiveness for each region. Growth rate, market size, raw material availability, profit margin, impact strength, technology, competition, and other factors (such as environmental and legal) have been evaluated in order to derive the general attractiveness of the market. The report comprises price trend analysis for Waterproofing Admixture between 2016 and 2024. 

The report covers detailed competitive outlook that includes market share and profiles of key players operating in the global market. Key players profiled in the report include CEMEX S.A.B. de C.V.,BASF SE, Sika AG, Wacker Chemi AG, Mapei S.P.A. Company profiles include attributes such as company overview, number of employees, brand overview, key competitors, business overview, business strategies, recent/key developments, acquisitions, and financial overview (wherever applicable). 

The global waterproofing admixture market has been segmented as follows:

Waterproofing Admixture Market – Product Type Analysis

  • Crystalline
  • Pore-blocking
  • Others

Waterproofing Admixture Market – Application Type Analysis

  • Residential
  • Commercial
  • Infrastructure

Waterproofing Admixture Market – Regional Analysis

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • ASEAN
    • Rest of Asia Pacific
  • Middle East & Africa
    • GCC
    • Egypt
    • South Africa
    • Rest of Middle East & Africa
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America