Waterproofing Chemicals Market Size Worth $7 Billion By 2022

April 2016 | Report Format: Electronic (PDF)

Global Waterproofing Chemicals Market is expected to exceed USD 7 billion by 2022, according to a new study by Grand View Research, Inc. Construction industry growth is anticipated to drive the market growth of waterproofing chemicals. The government of China, India, France, and the U.K. have framed numerous policies for clean groundwater and landfilling, which is anticipated to increase the application of waterproofing chemicals over the forecast period.

Roofing was the largest application segment, accounting for over 25% of global waterproofing chemicals market revenue in 2014. The rising popularity of roofing membranes to prevent water leakage in residential and commercial structures is expected to fuel waterproofing chemicals market demand in the near future.

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Further key findings from the study suggest:

  • Bitumen was the largest product segment, accounting for over 40% of global market revenue in 2014. Increasing application of bitumen as roll roofing component in residential and commercial building structures on account of its unique properties including high viscosity and stickiness is expected to have a positive impact on the market.

  • Gaining popularity of thermoplastic polyolefin (TPO) on account of being heat-reflective and an energy-efficient roofing system is expected to have a positive impact on market growth over the next seven years.

  • Building structures are anticipated to remain the fastest-growing application segment on account of increasing government expenditure on infrastructure improvement in Brazil, India, China, Mexico, and Saudi Arabia.

  • Asia Pacific was the largest waterproofing chemicals market, accounting for over 40% of the market revenue in 2014. The growing housing sector in China and India in light of increasing urbanization and population growth is expected to fuel the waterproofing chemicals market over the forecast period. The government of India announced the National Manufacturing Policy in 2011, intended for enhancing the production output in chemicals, automotive, pharmaceutical, and food & beverage industries at the domestic level. This regulatory move is anticipated to increase the penetration of commercial structures, which is likely to fuel waterproofing chemicals market demand in the near future.

  • Major waterproofing chemicals manufacturers include companies, such as Conpro Chemicals, Triton Chemicals, Dow Chemical Company, Pidilite Industries, Bostik, and Sika. The expansion of refining capacity in the Middle East is anticipated to ensure raw material access for waterproofing chemical manufacturers in the near future.

For the purpose of this study, Grand View Research has segmented the global waterproofing chemicals market on the basis of product, application, and region:

Waterproofing Chemicals Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)

  • Polymers

    • PVC

    • TPO

    • EPDM

    • Others

  • Bitumen

    • SBS

    • APP

    • Others

  • Others

Waterproofing Chemicals Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)

  • Roofing

  • Walls

  • Building structures

  • Landfills & tunnels

  • Others

Waterproofing Chemicals Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)

  • North America

    • The U.S.

  • Europe

    • Germany

    • The U.K.

  • Latin America

    • Brazil

  • Asia Pacific

    • China

    • India

  • MEA

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