Market Overview:
Waterproofing admixture prevents the water to enter into the concrete which can damage the same. The admixture reduces the size of capillary pores and continuity of concrete. Aditionally, it can fill the capillary pores by hydrophobic materials. However, these admixture cannot prevent the water leakage through cracks. To prepare the mixture, it requires water repellent chemicals and crystalline materials with hydrophilic nature. There are variety of admixture available in the market and has high demand for it due to the construction activities.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Key Companies Profiled | BASF (Germany), SIKA (Switzerland), Fosroc (United Arab Emirates), Markham Global (New Zealand), Kryton (Canada), Tecnochem (United States), Hitecmen (China), Kryton (Canada), Xypex Chemical (Canada) and Hycrete (United States) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region or narrow down segments in the final scope subject to feasibility |
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics of major and emerging geographies across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Key Vendors of Concrete Waterproofing Admixture Market Study:
BASF (Germany), SIKA (Switzerland), Fosroc (United Arab Emirates), Markham Global (New Zealand), Kryton (Canada), Tecnochem (United States), Hitecmen (China), Kryton (Canada), Xypex Chemical (Canada) and Hycrete (United States)
Concrete Waterproofing Admixture Market Segment Analysis
Scope | Sub-Segments |
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Application / End User | Basement walls and floors, Tunnels / underpass, Foundations, Water retaining structures, Swimming pool, Water tanks, Reinforced concrete in marine environment and Waste water treatment and desalination plant |
Type | Crystalline, Pore Blocking and Others |
Form | Liquid,Powder |
Influencing Trend:
Adoption of Waterproofing Admixtures among the Consumers and Rising Investments in Infrastructure
Market Growth Drivers:
Rising Construction Activities in Developing Economies and Easy Accessibility to Raw Materials
Challenges:
High Competition Due to the Presence of Major Players
Restraints:
High Costs Associated with Waterproofing Admixture
Opportunities:
Growing Infrastructural Developments and Government Regulations for Quality of Infrastructure
Some of the other players that are also part of study are SIKA (Switzerland) and Penetron (United States). The Global Concrete Waterproofing Admixture market is gaining huge competition due to involvement of United States companies that constantly invest in research & development to meet market expectation with new innovation.
Latest Industry Highlights:
In March 2019, BASF launched Master X-Seed STE admixture. It improves the early and late age strength in concrete. Also it makes the production efficient.
In August 2018, BASF has acquired Bayer. This acquisition adds strong agricultural solutions to the portfolio and innovation potential.
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Concrete Waterproofing Admixture 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 into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Concrete Waterproofing Admixture market.
Identification of total players or companies operating in the global market which is further concentrated to fewer or most impacting players which are considered under the reports scope. In order to make a priority list sorting is done based on revenue generated based on the 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 Manufacturers, Raw Material Suppliers, Distributors and Traders, Research Organisations, Government Agencies and Organisations.
This helps us to gather the data for the 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 include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.