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Global Waterproofing Chemicals Market Analysis

By Author: Aarkstore Enterprise
Total Articles: 40

Global waterproofing chemicals market is projected to expand at a robust CAGR of 9.86% , and is estimated to reach USD 32,915.00 million by the end of 2023.

Waterproofing chemicals are referred to as a group of specific synthetic or natural chemical products. Their primary use is to protect the structure from the damage caused by moisture or water. The penetration or percolation of water or moisture can cause severe physical damage to the structure. It can also shorten the life and reduce the durability of the building, which is most likely to cause accidental damage to the edifice.

Waterproofing chemicals prevent damage to the electrical, metal, and other integral parts of the building. These chemicals help the structure to retain its integrity and longevity. The product confers numerous beneficial properties, for instance, increasing the life of concrete, wood and decorative paint and coatings. Economically the waterproofing chemicals help to reduce the maintenance cost of the building and offer more efficient and sustainable solution to the problem of leakage.

Major factors responsible for healthy growth trajectory of the market are, rapidly increasing demand for the waterproofing chemicals from steadily growing construction activities especially in developing countries, growing demand from roofing and walls application, the cost-efficiency of the product in longer run and expanding scope of applications in the emerging applications such as landfill and water resource management.

Waterproofing chemicals Market Segmentation:
Global waterproofing chemicals market is segmented on the basis of type, application, and region

-By Type
Bitumen
PVC
TPO
EPD and others.

-By application
Roofing
Walls
Flooring
Basement
Tunneling

-By Regions:
Asia-Pacific
North America
Europe
Middle East & Africa
Latin America

Leading players in the market:
BASF SE (Germany)
Drizoro S.A.U. (Spain)
DowDuPont (U.S.)
RPM International Inc. (U.S.)
Pidilite Industries Ltd. (India)
Mapei S.p.A (Italy)
Wacker Chemie AG (Germany)
Sika AG (Switzerland)
Carlisle Companies Inc. (U.S.)

Key Findings:
The global waterproofing chemicals market is projected to reach USD 32,915.00 million by 2023 at a CAGR of 9.86%. Asia Pacific is accounted for the largest share due to high penetration of major end-use industries in the region. China is the largest market not only in Asia Pacific but also in the global market.

Intended Audience:
- Manufacturers and distributors of waterproofing chemicals.
- Manufacturers and distributors of waterproofing chemicals.
-Suppliers and traders.
- Government, associations and industrial bodies.
- Investors and Trade experts.
-Consulting in chemical experts.

For more details visit: https://www.aarkstore.com/chemical-materials/839183/global-waterproofing-chemicals-market-research-report-forecast-to-2023

Category: Chemical Market Research
Aarkstore Enterprise
+91 9987295242 | contact@aarkstore.com | www.aarkstore.com

More About the Author

I am a Market Researcher Sharing a Market insights and trends and forecasts

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