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Global Waterproofing Chemicals Market Overview<br>Waterproofing chemicals are used to prevent damage to the structure caused by water clogging and seepage when exposed to extreme weather condition such as heavy rains. It helps to enhance the durability and life of an edifice. Waterproofing chemicals are widely used in the construction industry either in the form of an emulsion or as a waterproofing membrane. The global waterproofing chemicals market is estimated to reach USD 32,915.00 million by 2023 and is expected to grow at a CAGR of 9.86% during the forecast period. <br><br>Free Sample Request for This Report @ https://www.marketresearchfuture.com/sample_request/4533<br>
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Waterproofing Chemicals Market Research Report- Forecast to 2023
Waterproofing Chemicals Market Research Report- Forecast to 2023 Industry Survey, Growth, Competitive Landscapeand Forecasts to 2023 REQUEST SAMPLE VIEW REPORTS PREPARED BY Market Research Future (Part of Wantstats Research & Media Pvt. Ltd.)
Waterproofing Chemicals Market - 2023 Global Waterproofing Chemicals Market information by Type (bitumen, PVC, TPO, EPDM, and others), by Application (roofing, walls, flooring, basement, tunneling, and others), and by Region (Asia Pacific, Europe, North America, Latin America, and Middle East &Africa,) - Forecast till 2023 Market Synopsis of Global waterproofing chemicals market: Waterproofing chemical is a synthetic chemical product that protect the structure from water penetration and percolation. Excess water penetration in buildings can shorten their life span and may cause an accidental damage to the structure, apart from electrical, metal and other structural hazards. It is generally applied to the exterior of a foundation system or mixed with a construction application. Application of waterproofing confer significant advantages to the building or a substrate such as lower maintenance cost of buildings, sustainable edifice and protection from extreme weather conditions. The global waterproofing chemicals market has been estimated to grow at CAGR of 9.86% to reach USD 32,915.00 million till 2023. Surging demand for waterproofing chemicals from rapidly increasing construction activities in developing countries and growing demand from roofing and walls application are primary factors driving growth of the market. However, the cost sensitive nature of the market due to the fluctuating crude oil prices and price conscious consumers is posing as a substantial bottleneck in the growth trajectory of the market, especially in emerging economies. Nevertheless, the landfill and water management sector is likely to be the great opportunity for further application of waterproofing chemicals in near future. www.marketresearchfuture.com
Waterproofing Chemicals Market - 2023 Regional Analysis: Geographically, the global waterproofing chemicals market is spanned across five key regions Asia Pacific, Europe, North America, Latin America, and the Middle East & Africa. Asia Pacific held the largest share of the market in 2016, and is projected to grow at the highest CAGR of 10.88% during the forecast period. The dominance of Asia Pacific region is mainly due to the rising urbanization and swift industrialization of the emerging economies in this region. Asia Pacific region is followed by North America, which accounted for the second largest market share, as of 2016. It is estimated to reach USD 7,201.60 million by 2023. The U.S held the largest share of the market in North America and expected to remain dominant throughout the forecast period owing to greater penetration of end user industries in the country. Europe is another substantial region in the global waterproofing chemicals market. It accounted for a considerable market share of 17%, in 2016. Germany is the leading market in this region dominating the regional market on account of increasing demand from the roofing and basement application. Europe is followed by Middle East & Africa and Latin America which estimated to grow at significant rate during the review period. Segmentation: The global waterproofing chemicals market is segmented on the basis of type, application, and region. On the basis of type, market is categorized into bitumen, PVC, TPO, EPDM, and others. By application, the market is divided into roofing, walls, flooring, basement, tunneling, and others. Geographically, the global waterproofing chemicals market is segmented into Asia Pacific, Europe, North America, Latin America, and the Middle East & Africa. www.marketresearchfuture.com
Waterproofing Chemicals Market - 2023 Key Players: The prominent players in the global waterproofing chemicals market are Sika AG (Switzerland), BASF SE (Germany), DowDuPont (The U.S.), Wacker Chemie AG (Germany), RPM International Inc. (The U.S.), Pidilite Industries Ltd. (India), Mapei S.p.A (Italy), Carlisle Companies Inc. (The U.S.), Fosroc (U.K), Drizoro S.A.U. (Spain), Conpro Chemicals Pvt. Ltd (India), and Soprema Inc. (The U.S.), among others. Key Findings: The global waterproofing chemicals market is projected to reach USD 32,915.00 million by the end of 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. Bitumen held over 52% of the market in 2016 owing to easy availability and relative low price. Roofing and walls together holding more over 50% share of the market and is expected to be the dominant end user for waterproofing chemicals market across all regional segments during forecast period. Geographic Analysis: The global waterproofing chemicals market is projected to grow at a CAGR of 9.86% during the review period 2017-2023. Asia Pacific accounted for the largest share due to growth of major end users in the region. Roofing is the dominant application segment in the global waterproofing chemicals market, during forecast period. www.marketresearchfuture.com
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