In a recent published report, Kenneth Research has updated the Waterproofing Chemicals Market report for for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.
U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Waterproofing Chemicals Market products.
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According to the statistics by the World Bank the valued added in manufacturing by chemicals in the United States increased from 11.838% in the year 2000 to 16.439% in the year 2018. In Denmark, it increased from 16.816% in 2009 to 26.594% in 2018.
In this report, the Global Waterproofing Chemicals market was valued at USD 8.59 Billion in 2016, and is projected to reach USD 12.22 Billion by 2025, growing at a CAGR of 4% over the forecast period.
“Waterproofing Chemicals Market “, published by Xpodence Research, provides extensive insight and analysis of the Waterproofing Chemicals Market over the next eight years (2015-2025) and acts as a vital point of reference for operators or suppliers.
Waterproofing plays significant role in protecting buildings and infrastructures from leakages and water seepages during rains. The waterproofing techniques prevent water from penetrating inside the building, thus increasing the life of the infrastructure. Significantly growing residential as well as commercial construction projects and government spending for public infrastructures are propelling the growth of waterproofing chemicals market.
In April 2016, BASF SE launched three new solutions, under its Master Builders Solutions brand. These solutions are designed to reduce resource consumption, improve productivity and guarantee buildings durability and are suitable for construction projects, including infrastructures, traffic decks and car parks, residential, industrial and commercial buildings. Application of aluminosilicates in concrete and water tight concrete are currents trends in waterproofing market. However, fluctuating rates of chemicals, are restraining the market growth.
The report includes –
Segmentation: Based on chemicals segment, the report segregates the segment and delivers the revenue, growth rate, and market share, of each type,
• Polyvinyl Chloride (PVC)
• Thermoplastic Polyolefin (TPO)
• Ethylene Propylene Diene Monomer (EPDM)
On the basis on the technology, this report emphasis on the major applications, market share and growth rate for each technology, including
• Preformed Membranes
• Coatings & Liquid Applied Membranes
• Integral Waterproofing Compounds
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On the basis of applications, the market has been bifurcated further, and displays growth rate and market share over the forecast period;
• Roofing and Walls
• Floors and Basements
• Waste and Water Management
• Tunnel Liners
Geographic Segmentation: This report split global market into North America, Europe, Asia Pacific, the Middle East and Africa and Latin America, with revenue (Billion USD), market share and growth rate of water proofing chemical for these regions, from 2015 to 2025 (forecast). Further these regions are also segmented into:
• North America: U.S., Rest of North America
• Europe: Germany, France, UK, rest of Europe
• Asia Pacific: China, Japan, India and Rest of Asia Pacific
• Middle East & Africa: GCC, North Africa, South Africa and Rest of MEA
• Latin America: Brazil and Rest of Latin America
Key players: Overview of market leaders in water proofing chemical market by top manufacturers/players, with revenue (Billion USD) and market share for each manufacturer/player. The top players including BASF SE, The Dow Chemical Company, Mapei S.P.A. and Pidilite Industries Limited. The competition in the industry is expected to strengthen with the development and launch of new processes, products, acquisitions and collaborations.
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