According to a research report published by Spherical Insights & Consulting, the Global Waterproofing Chemicals Market Size Expected to Grow from USD 35.2 Billion in 2023 to USD 97.86 Billion by 2033, at a CAGR of 15.05% during the forecast period 2023-2033.

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Waterproofing chemicals are chemicals that act as a barrier and make an object or structure water-resistant. Waterproofing is crucial for construction to prevent water penetration and protect structures from moisture and water-related issues. It is required for all concrete surfaces below grade, including terraces, plazas, foundations, and underground constructions. The demand for waterproofing chemicals is expected to rise owing to infrastructure development and sustainable building materials awareness. The market is expected to grow in developing countries, ascribed to improved infrastructure and advanced polymer-based waterproofing chemicals. The construction sector in developing countries is experiencing significant investments, leading to a rise in the demand for waterproofing chemicals to improve infrastructure longevity and performance, driven by rapid urbanization, population growth, and economic expansion. However, the waterproofing chemical market’s growth is hindered by fluctuations in raw material costs, particularly petroleum, which is the primary foundation for waterproofing compounds.

Browse 210 market data Tables and 45 Figures spread through 190 Pages and in-depth TOC on the Global Waterproofing Chemicals Market Size, Share, Growth, and Industry Analysis, By Product (Polymers and Bitumen), By Application (Roofing, Walls, Building Structures, and Tunnel liners), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033

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The polymers segment is expected to hold the highest share of the global waterproofing chemicals market during the projected timeframe.

Based on the product, the global waterproofing chemicals market is categorized as polymers and bitumen. Among these, the polymers segment is expected to hold the highest share of the global waterproofing chemicals market during the projected timeframe. Polymers are becoming a popular and efficient waterproofing material due to their durability and material adherence. They are hydrophobic, suitable for processing monolithic and metal structures, and are safe for indoor and outdoor use. The growing demand for waterproofing acrylic polymer coatings presents new growth prospects.

The roofing segment is expected to hold the largest segment of the global waterproofing chemicals market throughout the projected timeframe.

Based on the material, the global waterproofing chemicals market is categorized as roofing, walls, building structures, and tunnel liners. Among these, the roofing segment is expected to hold the largest share of the global waterproofing chemicals market throughout the projected timeframe. Government spending on infrastructure construction and roofing is expected to remain dominant, driven by rising disposable income and urbanization. The building industry’s growth is influenced by consumer awareness of product quality, waterproofing chemicals’ development in specialist applications, and their water-resistant properties.

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Asia Pacific is projected to hold the biggest share of the global waterproofing chemicals market over the projected timeframe.

Asia Pacific is projected to hold the biggest share of the global waterproofing chemicals market over the projected timeframe. The waterproofing chemicals industry is experiencing growth due to industrial activity in Saudi Arabia, Brazil, China, and India, driven by the expansion of building and water management sectors, mining demand, and affordability.

North America is expected to grow at the fastest CAGR growth of the global waterproofing chemicals market during the forecast period. Environmental consciousness drives industry manufacturers to increase landfill system spending, with the US waterproofing chemicals market dominating and Canada’s market growing the fastest in North America.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market. Major vendors in the global waterproofing chemicals market are EverGuard TPO Walkway Roll, Johns Manville, Minerals Technologies Inc., Fosroc, Inc., GCP Applied Technologies, Inc., Mapei S.p.A, Renolit SE, Carlisle Companies Inc., DOW, Firestone Building Products Company, SOPREMA Group, BASF SE, MBCC Group, Sika AG, and others.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Key Market Development

• In July 2024, Shalimar Paints launched two innovative products, Zero Damp Advance and Zero Damp Smart, in their Home Protect Waterproofing range. Designed to set new industry benchmarks, these innovative additions offer unparalleled protection against seepage and come with a performance warranty of up to 12 years, ensuring enduring safeguarding of walls.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the global waterproofing chemicals market based on the below-mentioned segments:

Global Waterproofing Chemicals Market, By Product

• Polymers
• Bitumen

Global Waterproofing Chemicals Market, By Application

• Roofing
• Walls
• Building Structures
• Tunnel liners

Global Waterproofing Chemicals Market, By Regional

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa

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About the Spherical Insights & Consulting

Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.

Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company’s mission is to work with businesses to achieve business objectives and maintain strategic improvements.

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