The Waterproofing Chemicals market was valued at USD 30.8 Bn in 2021. The market is projected to grow USD 79.3 Bn in 2028, at a CAGR of 7.5%. Waterproofing is a process which prevents products or properties from the effects of water while also providing a chemical and corrosion barrier. Waterproofing chemicals are a blend of different chemical compounds that are used to make a product more resistant to leaking and longer lasting. These compounds are used in products such as cement, plastics, colors, inks, paints, mortar, and detergents as additives and admixtures. Polyethylene, polyurethanes, polysulfide sealants, elastomeric coatings, and acrylic polymer are some of the most often utilized waterproofing compounds. Waterproofing chemicals are employed in a variety of technologies, including membranes, coatings, and integrated systems, among others. The Waterproofing Chemicals industry is rapidly expanding, and the product's cost effectiveness is driving the market.
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The Waterproofing Chemicals Market report is our most recent analysis of the global Waterproofing Chemicals market landscape and development projections for the projected time frame of 2022 to 2028. The global Waterproofing Chemicals market study's primary goal is to provide a thorough overview of the global market, including exhaustive segmentation, production/consumption rates, sales/demand ratios, and much more. The global Waterproofing Chemicals market is predicted to develop faster than expected over the forecast period, according to research. It also contains important information on the Waterproofing Chemicals market status of the major competitors, as well as the availability of significant market trends and opportunities.
The report also looks at the Waterproofing Chemicals market share, growth rate, competitive landscape, Waterproofing Chemicals market drivers, future trends, sales channels, opportunities, and challenges. It also considers factors such as Waterproofing Chemicals market size, gross margin, manufacturing footprint, SWOT analysis, and other crucial factors. Recent launches, varied company strategies, agreements, and new discoveries are all detailed in the global Waterproofing Chemicals market study.
The report estimates that the global Waterproofing Chemicals market's size in terms of both value and volume. In this research study, our experts employed both top-down and bottom-up viewpoints to assess and validate the global Waterproofing Chemicals market, as well as project the industrial scenarios of various sub-markets within the industry.
COVID-19 ANALYSIS
The global Waterproofing Chemicals market is negatively impacted with the outbreak of COVID-19. The outbreak's consequences and impact are expected to intensify in the coming months as the virus spreads. Supply chain interruptions, logistical constraints, personnel unavailability, limited component availability, a decline in demand, insufficient liquidity, and consequent industry shutdowns were all experienced by the industry. During the pandemic, raw material providers and other operational requirements were driven to reconsider their strategy for catering to the industry and waterproofing members.
Crucial Industry Players included in this report are:
BASF SE
The DOW Chemical Company
Mapei S.P.A
Carlisle Companies Inc
Soprema Group
Pidilite Industries Limited
Fosroc International Limited
Johns Manville
Drizoro S.A.U.
SIKA AG
W. L. Gore & Associates GmbH
Others
Product Types can be classified into:
Bitumen
Elastomers
EPDM
Polymer
Others
Key Applications covered in this report are:
Roofing & Walls
Floors & Basements
Waste & Water Management
Tunnels
Others
Regions mentioned in the Waterproofing Chemicals Market are:
• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East & Africa
Both primary and secondary research methods were used to examine the major market participants and their industrial share in the global Waterproofing Chemicals market. Primary and secondary sources were used to acquire information on segmentation, shares, and production.
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The research report on the global Waterproofing Chemicals market 2022 enables readers to profit in existing scenarios and seize upcoming growth chances in the worldwide Waterproofing Chemicals industry. The presented research on the Waterproofing Chemicals market covers regulatory, economic, and political circumstances of the Waterproofing Chemicals market in a certain region country, which assists new entrants and existing companies in understanding how the Waterproofing Chemicals market works and enabling them to establish appropriate strategies properly.
