Global Water proofing 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. Government of China, India, France and UK
have framed numerous policies for clean groundwater and land filling, 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. 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.
Full research report on Waterproofing
Chemicals Market analysis: http://www.grandviewresearch.com/industry-analysis/waterproofing-chemicals-market
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 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 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 market revenue in 2014. Growing
housing sector in China and India in light of increasing urbanization and
population growth is expected to fuel waterproofing chemicals market over the
forecast period. Government of India announced National Manufacturing Policy in
2011, intended for enhancing the production output in chemicals, automotive,
pharmaceutical and food & beverage industries at 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. Expansion of refining capacity
in Middle East is anticipated to ensure raw material access for waterproofing
chemicals manufacturers in the near future.
View
more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/specialty-bio-based-and-water-soluble-polymers
For the purpose of this study, Grand View Research has segmented the
global waterproofing chemicals market on the basis of product, application and
region:
Global Waterproofing Chemicals Product
Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)
·
Polymers
o
PVC
o
TPO
o
EPDM
o
Others
·
Bitumen
o
SBS
o
APP
o
Others
·
Others
Global Waterproofing Chemicals Application
Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)
·
Roofing
·
Walls
·
Building structures
·
Landfills & tunnels
·
Others
Global Waterproofing Chemicals Regional
Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)
·
North America
o
U.S.
·
Europe
o
Germany
o
UK
·
Latin America
o
Brazil
·
Asia Pacific
o
China
o
India
·
MEA
Access Full
Press Release of this Report: https://www.grandviewresearch.com/press-release/global-waterproofing-chemicals-market
About Grand
View Research
Grand View Research, Inc. is a U.S. based market research and consulting
company, registered in the State of California and headquart ered in San
Francisco. The company provides syndicated research reports, customized
research reports, and consulting services. To help clients make informed
business decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
For more
information: https://www.grandviewresearch.com/
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