Global Waterproofing Systems Market Overview:
The waterproofing system is the treatment of a surface or structure to prevent the passage of water under hydrostatic pressure. It gives protection to prevent water from entering in internal and external building structures like swimming pools, toilets, water tanks, and roofs. This system increases the durability of concrete structures and reduces chemical attack. There are mainly two types of waterproofing systems such as positive-side waterproofing applied on the exterior face of the structure and negative-side waterproofing applied on the interior face of the structure. These waterproofing membranes are made from different materials such as rubber, elastomer, and others. These waterproofing systems can be applied for the tunnel, bridge deck, water tank, and wet rooms and other various applications that will grow the waterproofing systems market.
Growth Drivers
- Waterproofing Systems are Majorly Used in Various Application Such as Water Sewage Plants, Swimming Pools, Bathrooms, Terrace and Balconies for the Prevention of Water
- Growth in the Construction Sector Globally Led to Increasing Demand for the Waterproofing Systems Market
Roadblocks
- Labor Cost for Installation of Waterproofing Systems is Very High
Opportunities
- Development in Infrastructure and Rising Disposable Income in Developing Economies Will Increases Demand for Waterproofing Systems
- Technology Development in the Bituminous Coatings through a Latest Two Component Spray Applied Materials
Challenges
- Maintaining Brand Quality is Major Challenge to the Companies
- Water Damage Repairs Are Very Expensive
Competitive Landscape:
Some of the key players profiled in the report are KÖSTER BAUCHEMIE AG (Germany), BASF (United States), Sika AG (Switzerland), Diasen (Italy), Henry Company LLC (United States), Wacker Chemie (Germany), Dow Chemical (United States), Kryton International (Canada), Johns Manville (United States), Saint Gobain (France), Pidilite Industries (India) and Fosroc (United Kingdom). Additionally, following companies can also be profiled that are part of our coverage like Kemper System (India), Nina Waterproofing Systems Pvt Ltd (India), National Urethane Industries (South Africa) and Derbit SA (PTY) Ltd (South Africa). Analyst at AMA Research see United States, United Kingdom, India Manufacturers to retain maximum share of Global Waterproofing Systems market by 2026. Considering Market by Field, the sub-segment i.e. Type A (Barrier Protection) will boost the Waterproofing Systems market. Considering Market by Service Provider, the sub-segment i.e. Direct will boost the Waterproofing Systems market. Considering Market by End-Users, the sub-segment i.e. Residential will boost the Waterproofing Systems market. Considering Market by Material Type, the sub-segment i.e. Polyurethane will boost the Waterproofing Systems market.
Latest Market Insights:
In October 2019, Berger Paints India Ltd, a Kolkata based paint company acquired 95.53 per cent of STP Ltd (STPL), a chemical manufacturing company primarily into waterproofing and protective coatings, The acquisition will help Berger paint for its existing buisness, “where the two entities can combine their strengths and collaborate in the areas of manufacturing, selling, distribution, procurement and technology.”
In September 2019, Aggregate Industries launched watertight concrete to protect to protect a structure from water ingress or to retain water within a structure. For this launching Aggregate Industries has partnered with BASF Construction Chemicals.
What Can be Explored with the Waterproofing Systems Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Waterproofing Systems Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Waterproofing Systems
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Waterproofing Systems market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Waterproofing Systems market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Chemical Industries, Construction Industries, Raw Material Suppliers, Waterproofing System Distributer/Suppliers, Government Bodies, End-Users and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.