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The value of the global waterproofing admixtures market is expected to be worth US$4.9 bn by 2024 from US$2.5 bn in 2015, as the market surges at a CAGR of 7.9%
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Transparency Market Research Waterproofing Admixture Market (Product - Crystalline and Pore-blocking; Application – Residential, Commercial, and Infrastructure) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024 Published Date 2017-02-15 155 Page Report Request Sample Buy Now Press Release Global Waterproofing Admixtures Market: Asia Pacific Leads with Booming Building and Construction Industry, notes TMR Transparency Market Research State Tower, 90, State Street, Suite 700. Albany, NY 12207 United States www.transparencymarketresearch.com sales@transparencymarketresearch.com
Waterproofing Admixture Market REPORT DESCRIPTION Global Waterproofing Admixtures Market: Snapshot Waterproofing admixtures are permeability-reducing admixtures that resist water penetration and reduces absorption into concrete under hydrostatic pressure or non-hydrostatic pressure. Waterproofing admixtures improve the durability of structures and reduce maintenance cost over time. These reasons have spiked the demand for waterproofing admixtures in the renovation of old structures as well as new ones. The report states that the value of the global waterproofing admixtures market is expected to be worth US$4.9 bn by 2024 from US$2.5 bn in 2015, as the market surges at a CAGR of 7.9%. This 155 page report gives readers a comprehensive overview of the Waterproofing Admixtures market. Browse through 1 data tables and 20 figures to unlock the hidden opportunities in this market: http://www.transparencymarketresearch.com/waterproofing-admixture-market.html Crystalline Waterproofing Admixtures Show Steady Growth in Residential Sector Based on the product type, waterproofing admixture market is segmented into crystalline, pore- blocking, and others which include supplementary cementitious material. Crystalline waterproofing admixtures are hydrophilic in nature and are also known as the primary admixture. This type of admixture is produced using proprietary active chemicals and cementitious material. Crystalline admixtures have self-healing abilities and can thus repair a hairline crack that is up to 2 Transparency Market Research
Waterproofing Admixture Market 0.5mm. Thus, this product is categorized under permeability reducing admixture under hydrostatic pressure (PRAH). On the other hand, pore-blocking admixtures are manufactured by using water repellent chemicals such as long chain fatty acids derivatives, mineral oil, and stearates. Pore-blocks admixtures form an insoluble hydrophobic layer on concrete walls to block passage of water if they are used during the hydration process. They are popularly known as secondary admixtures and categorized under permeability reducing admixture under non-hydrostatic pressure (PRAN). In terms of application, waterproofing admixture market is segmented into residential, commercial, and infrastructure sectors. The residential sector is expected to lead the global market due to increasing ongoing urbanization that has created a pressing need for new residential projects. Demand for the crystalline product is projected to be dominated by consumption of the product in residential as well as in commercial applications. Crystalline products offer several advantages than the other admixtures due to its characteristic feature such as the ability to work under hydrostatic pressure. Get accurate market forecast and analysis on the Waterproofing Admixture market. Request a sample to stay abreast on the key trends impacting this market @ http://www.transparencymarketresearch.com/sample/sample.php? flag=S&rep_id=7436 Asia Pacific Leaps Ahead as Demand for New Constructions Continue to Rise In terms of geography, the global waterproofing admixtures market is fragmented into North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. Of these, Asia 3 Transparency Market Research
Waterproofing Admixture Market Pacific has been leading the global market and is expected to retain its dominance throughout the forecast period. The rapid growth of the construction sector across Asia Pacific, especially in countries such as India and China has boosted the demand for cement and concrete, which, in turn, is driving waterproofing admixture market. In the Middle East and Africa, development of new multifamily housing projects will contribute towards the global demand for waterproofing admixture. North America and Europe are mature markets and are less lucrative than Asia Pacific owing to the enactment of strict government regulations on CO2 and VOC emitting products and rise in consumer awareness about waterproofing admixtures in these regions. Furthermore, the rising number of immigrants, refugees, and increasing prospect of sustainable building material such as high-performance concrete, augmenting the growth of the residential sector in Europe thereby promoting the growth of waterproofing admixture market. North America accounted for a low share in 2015 due to slump in the construction and building activities. The key players operating in the global waterproofing admixtures market are BASF SE, Sika AG, Mapei SPA, and Cemex. These companies are focusing on developing result-oriented marketing strategies and expanding their geographical reach to developing regions such as Asia Pacific in the coming years. About Us Transparency Market Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. 4 Transparency Market Research
Waterproofing Admixture Market We are privileged with highly experienced team of Analysts, Researchers and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge. Contact Transparency Market Research 90 State Street, Suite 700, Albany NY - 12207 United States Tel: +1-518-618-1030 USA - Canada Toll Free 866-552-3453 Email: sales@transparencymarketresearch.com Website: http://www.transparencymarketresearch.com/ Browse The Market Research Blog : http://cmfeglobalreports.blogspot.in/ 5 Transparency Market Research