WATERPROOFING MARKET SIZE TO REACH $17 BILLION IN 2020, GROWING AT A CAGR OF OVER 7% DURING THE PERIOD 2019–2025
Market Overview
The global demand for waterproofing is heavily driven by the efficiency of the waterproofing material. The global waterproofing along with its applications has witnessed high growth in past decade until 2019. A significant rise in production and demand for waterproofing materials is expected during all the regions that are largely fueled by the increasing applications, technological advancements and growing demand. Waterproofing materials are used in almost all building construction areas to ensure tightness and impermeability in structures such as foundations, basements, wet and inclement weather areas, slabs, pools, providing increase in construction life. Majority of waterproofing manufacturers globally are into a constant tract to innovate and commercialize their products with utmost efficiency in the market. In fact, several large manufacturers have been showing up a significant increase in their investments for R&D.
Some of major areas that requires waterproofing applications are:
- Concrete roofing, rooftop garden, rooftop swimming pools
- Overhead and underground tanks
- Basement areas and underground level parking
- Exterior and interior walls
- Rail and road tunnel lines, under water constructions and bridges and flyovers
The following factors are likely to contribute to the growth of the waterproofing market during the forecast period:
- Booming Construction Opportunities in Developing Nations
- Increasing Necessity for Water Management in APAC
- Increasing Demand for Eco Friendly Materials
- Efficient and Cost-effective Waterproofing
Base Year: 2019
Forecast Year: 2020–2025
The study considers the present scenario of the waterproofing market and its market dynamics for the period 2019−2025. It covers a detailed overview of several market growth enablers, restraints, and trends. The report offers both the demand and supply aspect of the market. It profiles and examines leading companies and other prominent ones operating in the market.
Prominent Vendors
- Construction Materials
- Business Overview
- Product Offerings
- Key Strengths
- Key Strategies
- Key Opportunities
- Firestone Building Products
- Soprema Groups
- Sika AG
- GAF
Other Prominent Vendors
- Chryso
- Business Overview
- Product Offerings
- Copernit
- Derbigum
- Parex
- Asia Mortar
- EP Borneo
- Tremco
- Maris Polymers
- KCC
- Kemper System
- Covestro
- Alchimica
- Isomat
Segmentation by Product
- Liquid Applied Membrane (LAM)
- Sheet-based Membrane
Segmentation by Raw Material
- Modified Bitumen
- Polyvinyl Chloride (PVC)
- Ethylene Propylene Diene Monomer (EPDM)
- Others
- Ethylene Vinyl Acetate (EVA)
- High Density Polyethylene (HDPE)
- Low Density Polyethylene (LDPE)
Segmentation by Application
- Roofing
- Underground Constructions
- Walls
- Others
- Floorings
- Roads & Bridges
- Others
Segmentation by Geography
- North America
- US
- Canada
- Europe
- UK
- Germany
- France
- Italy
- Spain
- APAC
- China
- Japan
- South Korea
- Australia
- India
- Latin America
- Brazil
- Mexico
- Argentina
- Colombia
- Middle East & Africa
- Turkey
- Saudi Arabia
- South Africa
- UAE
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Source: Waterproofing Market – Global Outlook and Forecast 2020-2025 by Arizton Advisory & Intelligence
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