About Waterproofing Chemicals
Waterproofing Chemicals are used to prevent any substrate from resisting the ingress of water under specified conditions. Waterproofing ensures that any structure used in wet environment conditions are water resistant and ready to go substances. Waterproofing chemicals give rise to the life of any infrastructure work. However, it also prevents water penetration or water leakage that can be attained with the help of waterproofing chemicals. Water penetration or leakage can cause electrical and metal hazards along with the decreased life of any big infrastructure.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that Global Vendors will contribute the maximum growth to Global Waterproofing Chemicals market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
The Dow Chemical Company (United States), BASF SE (Germany), Wacker Chemie AG (Germany), Carlisle Companies Inc. (United States), W.R Grace & Company (United States), Sika AG (Switzerland), RPM International Inc. (United States), Pidilite Industries Ltd. (India), Mapei S.p.A (Italy) and Carlisle Companies Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Fosroc (United Kingdom), Drizoro S.A.U. (Spain), Conpro Chemicals Pvt. Ltd (India) and Soprema Inc. (United States).
Segmentation Overview
AMA Research has segmented the market of Global Waterproofing Chemicals market by Type (Bitumen, Elastomers, PVC, TPO and EPDM), Application (Roofing and Walls, Floors and Basements, Waste and Water Management, Tunnel Liners and Others) and Region.
On the basis of geography, the market of Waterproofing Chemicals has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by System Type, the sub-segment i.e. Preformed Membranes will boost the Waterproofing Chemicals market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing Use of Thermoplastic Polyolefin (TPO) Membranes in Waterproofing Chemicals
Market Growth Drivers:
Cost Effectiveness of Waterproofing Chemicals and Improving Economics and Quality of Construction
Challenges:
Increasing Necessity for Water Management Activities in Asia-Pacific and Fluctuating Waterproofing Chemicals Prices
Restraints:
Sluggish Growth of Construction Sector in Europe
Opportunities:
Growing Demand of Waterproofing Chemicals from Developing Nations and Booming Construction Industry in Developing Regions
Market Leaders and their expansionary development strategies
On 1 June 2021 - W. R. Grace & Co.has announced the completion of its acquisition of the Fine Chemistry Services business (“FCS”) of Albemarle Corporation, On 28 April 2021 - Sika has agreed to acquire Hamatite, the adhesives business of The Yokohama Rubber Co., Ltd. Hamatite is a market leader in Japan, offering adhesives and sealants to the automotive and construction industries. The acquisition will significantly strengthen Sika’s market position in Japan, increase market access to all major Japanese OEMs, and notably extend the product offering for sealing and bonding applications in the Japanese construction industry. and On 8 June 2020 - Sika has acquired Modern Waterproofing Group, a leading manufacturer of roofing and waterproofing systems in Egypt. The acquisition supplements and rounds off the product portfolio of Sika Egypt and offers new opportunities for growth in the Egyptian construction market. The acquired business generates annual sales of CHF 26 million.
On 17 March 2020 - At its existing site in Sarnen, Switzerland, Sika is putting into operation a new production facility for the SikaProof structural waterproofing membrane. This investment in expansion will boost manufacturing efficiency and thus enable the company to serve the rapidly growing market.
Key Target Audience
Manufacturers of waterproofing chemicals, Technology/system providers of waterproofing chemicals, Traders, distributors, and waterproofing chemicals suppliers, Government and regional agencies and research organizations and Investment research firms
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.