Waterproofing Chemicals Market Size
| Icons | Lable | Value |
|---|---|---|
|
Study Period | 2018 - 2030 |
|
Market Size (2024) | USD 6.75 Billion |
|
|
Market Size (2030) | USD 9.21 Billion |
|
Largest Share by End Use Sector | Infrastructure |
|
|
CAGR (2024 - 2030) | 5.32 % |
|
Largest Share by Region | Asia-Pacific |
Major Players |
||
|
||
|
*Disclaimer: Major Players sorted in alphabetical order. |
Waterproofing Chemicals Market Analysis
The Waterproofing Chemicals Market size is estimated at 6.75 billion USD in 2024, and is expected to reach 9.21 billion USD by 2030, growing at a CAGR of 5.32% during the forecast period (2024-2030).
6.75 Billion
Market Size in 2024 (USD)
9.21 Billion
Market Size in 2030 (USD)
4.38 %
CAGR (2018-2023)
5.32 %
CAGR (2024-2030)
Largest Market by Technology
38.69 %
value share, Water-based, 2023
The segment holds the largest share due to its widespread applications in infrastructure and industrial constructions due to its properties, such as water-resistant, abrasion-resistant, etc.
Largest Market by End Use Sector
31.05 %
value share, Infrastructure, 2023
Due to significant growth and escalating demand for infrastructure in developing economies coupled with increasing usage of waterproofing chemicals in major infrastructure projects, the infrastructure sector holds the largest share.
Largest Market by Region
44.70 %
value share, Asia-Pacific, 2023
Asia-Pacific dominated the market due to the growing industrial construction activities in the region and the increasing demand for cementitious grout in countries like China, India, Japan, and South Korea.
Fastest Market by Region
5.82 %
Projected CAGR, North America, 2024-2030
Owing to large-scale investments of USD 1,792.9 billion to support residential and non-residential construction projects in the region, North America is likely to register the fastest growth during the forecast period.
Leading Company
12.20 %
market share, Sika AG, 2022
The company's broad range of high-quality products, well-established network, robust supply chain, and strategic expansions and acquisitions in the construction industry make it a major player in the market.
Rising investment in infrastructure construction projects is likely to boost the demand for waterproofing chemicals
- The global consumption of waterproofing chemicals grew by 4.65% in value in 2022, driven by rising demand from the infrastructure and commercial construction sectors. The market studied was projected to make up approximately 26.43% of the global waterproofing solutions market in 2023.
- The infrastructure sector stands as the largest consumer, accounting for about 31.05% in 2023. Global infrastructure spending is set to rise by USD 367 billion from 2023 to 2030, fueled by increased investments in construction projects. For instance, the Government of the United Kingdom has allocated USD 191 million to its Wireless Infrastructure Strategy, targeting enhanced 5G telecommunication infrastructure by 2030. In addition, India plans to invest around USD 4.5 trillion in infrastructure development by 2030. Consequently, the global waterproofing chemicals market for the infrastructure sector is forecasted to reach USD 662 million by 2030.
- The commercial sector is poised to be the fastest-growing consumer in the market studied, with a projected CAGR of 6.13% during the forecast period. The expanding economy has heightened the demand for commercial spaces, including offices, hotels, and retail malls. Moreover, the United States alone is expected to require 4.61 billion square feet of office space by the end of the forecast period. As a result, the global market for waterproofing chemicals in the commercial sector is anticipated to surge from USD 1.7 billion in 2023 to USD 2.6 billion in 2030.
Understand The Key Trends Shaping This Market
Download Sample
Fast-paced construction activities in the Asia-Pacific and North America predicted to bolster the demand for waterproofing chemicals, globally
- Waterproofing chemicals are essential to all aspects of building design and construction and find applications where a need to prevent water ingress is required. In 2022, the global waterproofing chemicals market witnessed a growth of 4.65% in value compared to 2021. The Middle East & African market for waterproofing chemicals recorded the highest growth of 5.91% in value from 2021 to 2022, followed by North America, which grew by 5.83% in value during the same period. Furthermore, in 2023, the global waterproofing chemicals market was expected to grow by 5.13% in volume compared to 2022.
- In 2022, the Asia-Pacific region significantly dominated the market, accounting for 45% of the market share by value. Countries like China, Japan, and India had an assertive influence over the demand for waterproofing chemicals in the region. China's public expenditure on transport infrastructure reached USD 165.6 billion in 2022 compared to USD 157.6 billion in 2021. Similarly, the rising construction of manufacturing facilities in Japan, along with India's vision to increase its connectivity through roads, railways, and highways, propelled the growth of the construction sector in the region. Such developments are boosting the consumption of waterproofing chemicals for building and construction.
- The waterproofing chemicals market in North America is expected to register the fastest CAGR of 5.96% in value, followed by Asia-Pacific, with a CAGR of 5.47% in value, during the forecast period. High-investment projects supported by government funds and foreign direct investments are expected to raise residential, infrastructure, and commercial construction activities in the regions. As a result, the demand for waterproofing chemicals is projected to rise.
Global Waterproofing Chemicals Market Trends
Asia-Pacific's surge in large-scale office building projects is set to elevate the global floor area dedicated to commercial construction
- In 2022, the global new floor area for commercial construction witnessed a modest growth of 0.15% from the previous year. Europe stood out with a significant surge of 12.70%, driven by a push for high-energy-efficient office buildings to align with its 2030 carbon emission targets. As employees returned to offices, European companies, resuming lease decisions, spurred the construction of 4.5 million square feet of new office space in 2022. This momentum is poised to persist in 2023, with a projected global growth rate of 4.26%.
- The COVID-19 pandemic caused labor and material shortages, leading to cancellations and delays in commercial construction projects. However, as lockdowns eased and construction activities resumed, the global new floor area for commercial construction surged by 11.11% in 2021, with Asia-Pacific taking the lead with a growth rate of 20.98%.
- Looking ahead, the global new floor area for commercial construction is set to achieve a CAGR of 4.56%. Asia-Pacific is anticipated to outpace other regions, with a projected CAGR of 5.16%. This growth is fueled by a flurry of commercial construction projects in China, India, South Korea, and Japan. Notably, major Chinese cities like Beijing, Shanghai, Hong Kong, and Taipei are gearing up for an uptick in Grade A office space construction. Additionally, India is set to witness the opening of approximately 60 shopping malls, spanning 23.25 million square feet, in its top seven cities between 2023 and 2025. Collectively, these endeavors across Asia-Pacific are expected to add a staggering 1.56 billion square feet to the new floor area for commercial construction by 2030, compared to 2022.
Understand The Key Trends Shaping This Market
Download Sample
South America's estimated fastest growth in residential constructions due to increasing government investments in schemes for affordable housing to boost the global residential sector
- In 2022, the global new floor area for residential construction declined by around 289 million square feet compared to 2021. This can be attributed to the housing crisis generated due to the shortage of land, labor, and unsustainably high construction materials prices. This crisis severely impacted Asia-Pacific, where the new floor area declined 5.39% in 2022 compared to 2021. However, a more positive outlook is expected in 2023 as the global new floor area is predicted to grow by 3.31% compared to 2022, owing to government investments that can finance the construction of new affordable homes capable of accommodating 3 billion people by 2030.
- The COVID-19 pandemic caused an economic slowdown, due to which many residential construction projects got canceled or delayed, and the global new floor area declined by 4.79% in 2020 compared to 2019. As the restrictions were lifted in 2021 and pent-up demand for housing projects was released, new floor area grew 11.22% compared to 2020, with Europe having the highest growth of 18.28%, followed by South America, which rose 17.36% in 2021 compared to 2020.
- The global new floor area for residential construction is expected to register a CAGR of 3.81% during the forecast period, with South America predicted to develop at the fastest CAGR of 4.05%. Schemes and initiatives like the Minha Casa Minha Vida in Brazil announced in 2023 with a few regulatory changes, for which the government plans an investment of USD 1.98 billion to provide affordable housing units for low-income families, and the FOGAES in Chile also publicized in 2023, with an initial investment of USD 50 million, are aimed at providing mortgage loans to families for affordable housing and will encourage the construction of new residential units.
Understand The Key Trends Shaping This Market
Download Sample
OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT
- Surging energy investments in Asia-Pacific are set to bolster the global expansion of industrial construction
- Projections indicate that the growing number of private-public partnerships in infrastructure construction across Asia-Pacific will contribute to a notable surge in global infrastructure spending
Waterproofing Chemicals Industry Overview
The Waterproofing Chemicals Market is fragmented, with the top five companies occupying 38.48%. The major players in this market are Keshun Waterproof Technology Co., ltd., MAPEI S.p.A., Oriental Yuhong, Sika AG and Soprema (sorted alphabetically).
Waterproofing Chemicals Market Leaders
Keshun Waterproof Technology Co., ltd.
MAPEI S.p.A.
Oriental Yuhong
Sika AG
Soprema
Other important companies include Ardex Group, Fosroc, Inc., Hongyuan Waterproof Technology Group Co., Ltd., Saint-Gobain, Standard Industries Inc..
*Disclaimer: Major Players sorted in alphabetical order.
Need More Details on Market Players and Competitors?
Download Sample
Waterproofing Chemicals Market News
- November 2022: MAPEI invested in its German subsidiary, Sopro Bauchemie, which manufactures concrete admixtures, anchors & grouts, dry-mix mortars, and waterproofing solutions, to expand its production capacity and upgrade its research and development facilities.
- May 2022: Sika AG recently completed its acquisition of United Gilsonite Laboratories, a company based in the United States. This move was aimed at bolstering Sika AG's range of waterproofing solutions within the US market.
- January 2022: SOPREMA has developed a next-generation waterproofing chemical called Alsan Flashing Neo, which can waterproof any substrate without a primer.
Free with this Report
We provide a complimentary and exhaustive set of data points on global and regional metrics that present the fundamental structure of the industry. Presented in the form of 24+ free charts, the section covers rare data on newly built floor area, infrastructural spending, and existing construction floor area across residential, commercial, industrial and institutional sectors.
Waterproofing Chemicals Market Report - Table of Contents
EXECUTIVE SUMMARY & KEY FINDINGS
REPORT OFFERS
1. INTRODUCTION
1.1. Study Assumptions & Market Definition
1.2. Scope of the Study
1.3. Research Methodology
2. KEY INDUSTRY TRENDS
2.1. End Use Sector Trends
2.1.1. Commercial
2.1.2. Industrial and Institutional
2.1.3. Infrastructure
2.1.4. Residential
2.2. Major Infrastructure Projects (current And Announced)
2.3. Regulatory Framework
2.4. Value Chain & Distribution Channel Analysis
3. MARKET SEGMENTATION (includes market size, forecasts up to 2030 and analysis of growth prospects.)
3.1. End Use Sector
3.1.1. Commercial
3.1.2. Industrial and Institutional
3.1.3. Infrastructure
3.1.4. Residential
3.2. Technology
3.2.1. Epoxy-based
3.2.2. Polyurethane-based
3.2.3. Water-based
3.2.4. Other Technologies
3.3. Region
3.3.1. Asia-Pacific
3.3.1.1. By Country
3.3.1.1.1. Australia
3.3.1.1.2. China
3.3.1.1.3. India
3.3.1.1.4. Indonesia
3.3.1.1.5. Japan
3.3.1.1.6. Malaysia
3.3.1.1.7. South Korea
3.3.1.1.8. Thailand
3.3.1.1.9. Vietnam
3.3.1.1.10. Rest of Asia-Pacific
3.3.2. Europe
3.3.2.1. By Country
3.3.2.1.1. France
3.3.2.1.2. Germany
3.3.2.1.3. Italy
3.3.2.1.4. Russia
3.3.2.1.5. Spain
3.3.2.1.6. United Kingdom
3.3.2.1.7. Rest of Europe
3.3.3. Middle East and Africa
3.3.3.1. By Country
3.3.3.1.1. Saudi Arabia
3.3.3.1.2. United Arab Emirates
3.3.3.1.3. Rest of Middle East and Africa
3.3.4. North America
3.3.4.1. By Country
3.3.4.1.1. Canada
3.3.4.1.2. Mexico
3.3.4.1.3. United States
3.3.5. South America
3.3.5.1. By Country
3.3.5.1.1. Argentina
3.3.5.1.2. Brazil
3.3.5.1.3. Rest of South America
4. COMPETITIVE LANDSCAPE
4.1. Key Strategic Moves
4.2. Market Share Analysis
4.3. Company Landscape
4.4. Company Profiles
4.4.1. Ardex Group
4.4.2. Fosroc, Inc.
4.4.3. Hongyuan Waterproof Technology Group Co., Ltd.
4.4.4. Keshun Waterproof Technology Co., ltd.
4.4.5. MAPEI S.p.A.
4.4.6. Oriental Yuhong
4.4.7. Saint-Gobain
4.4.8. Sika AG
4.4.9. Soprema
4.4.10. Standard Industries Inc.
5. KEY STRATEGIC QUESTIONS FOR CONCRETE, MORTARS AND CONSTRUCTION CHEMICALS CEOS
6. APPENDIX
6.1. Global Overview
6.1.1. Overview
6.1.2. Porter’s Five Forces Framework (Industry Attractiveness Analysis)
6.1.3. Global Value Chain Analysis
6.1.4. Market Dynamics (DROs)
6.2. Sources & References
6.3. List of Tables & Figures
6.4. Primary Insights
6.5. Data Pack
6.6. Glossary of Terms
List of Tables & Figures
- Figure 1:
- FLOOR AREA OF NEW COMMERCIAL CONSTRUCTION, SQUARE FEET, GLOBAL, 2018 - 2030
- Figure 2:
- FLOOR AREA OF NEW INDUSTRIAL AND INSTITUTIONAL CONSTRUCTION, SQUARE FEET, GLOBAL, 2018 - 2030
- Figure 3:
- SPENDING ON INFRASTRUCTURE PROJECTS, USD, GLOBAL, 2018 - 2030
- Figure 4:
- FLOOR AREA OF NEW RESIDENTIAL CONSTRUCTION, SQUARE FEET, GLOBAL, 2018 - 2030
- Figure 5:
- VALUE OF CHEMICALS WATERPROOFING SOLUTIONS CONSUMED, USD, GLOBAL, 2018 - 2030
- Figure 6:
- VALUE OF CHEMICALS WATERPROOFING SOLUTIONS CONSUMED BY END USE SECTOR, USD, GLOBAL, 2018 - 2030
- Figure 7:
- VALUE SHARE OF CHEMICALS WATERPROOFING SOLUTIONS CONSUMED BY END USE SECTOR, %, GLOBAL, 2018 VS 2023 VS 2030
- Figure 8:
- VALUE OF CHEMICALS WATERPROOFING SOLUTIONS CONSUMED IN COMMERCIAL SECTOR, USD, GLOBAL, 2018 - 2030
- Figure 9:
- VALUE SHARE OF CHEMICALS WATERPROOFING SOLUTIONS CONSUMED IN COMMERCIAL SECTOR BY TECHNOLOGY, %, GLOBAL, 2018 - 2030
- Figure 10:
- VALUE OF CHEMICALS WATERPROOFING SOLUTIONS CONSUMED IN INDUSTRIAL AND INSTITUTIONAL SECTOR, USD, GLOBAL, 2018 - 2030
- Figure 11:
- VALUE SHARE OF CHEMICALS WATERPROOFING SOLUTIONS CONSUMED IN INDUSTRIAL AND INSTITUTIONAL SECTOR BY TECHNOLOGY, %, GLOBAL, 2018 - 2030
- Figure 12:
- VALUE OF CHEMICALS WATERPROOFING SOLUTIONS CONSUMED IN INFRASTRUCTURE SECTOR, USD, GLOBAL, 2018 - 2030
- Figure 13:
- VALUE SHARE OF CHEMICALS WATERPROOFING SOLUTIONS CONSUMED IN INFRASTRUCTURE SECTOR BY TECHNOLOGY, %, GLOBAL, 2018 - 2030
- Figure 14:
- VALUE OF CHEMICALS WATERPROOFING SOLUTIONS CONSUMED IN RESIDENTIAL SECTOR, USD, GLOBAL, 2018 - 2030
- Figure 15:
- VALUE SHARE OF CHEMICALS WATERPROOFING SOLUTIONS CONSUMED IN RESIDENTIAL SECTOR BY TECHNOLOGY, %, GLOBAL, 2018 - 2030
- Figure 16:
- VALUE OF CHEMICALS WATERPROOFING SOLUTIONS CONSUMED BY TECHNOLOGY, USD, GLOBAL, 2018 - 2030
- Figure 17:
- VALUE SHARE OF CHEMICALS WATERPROOFING SOLUTIONS CONSUMED BY TECHNOLOGY, %, GLOBAL, 2018 VS 2023 VS 2030
- Figure 18:
- VALUE OF EPOXY-BASED CHEMICALS CONSUMED, USD, GLOBAL, 2018 - 2030
- Figure 19:
- VALUE SHARE OF EPOXY-BASED CHEMICALS CONSUMED, BY END USE SECTOR, %, GLOBAL, 2023 VS 2030
- Figure 20:
- VALUE OF POLYURETHANE-BASED CHEMICALS CONSUMED, USD, GLOBAL, 2018 - 2030
- Figure 21:
- VALUE SHARE OF POLYURETHANE-BASED CHEMICALS CONSUMED, BY END USE SECTOR, %, GLOBAL, 2023 VS 2030
- Figure 22:
- VALUE OF WATER-BASED CHEMICALS CONSUMED, USD, GLOBAL, 2018 - 2030
- Figure 23:
- VALUE SHARE OF WATER-BASED CHEMICALS CONSUMED, BY END USE SECTOR, %, GLOBAL, 2023 VS 2030
- Figure 24:
- VALUE OF OTHER TECHNOLOGIES CHEMICALS CONSUMED, USD, GLOBAL, 2018 - 2030
- Figure 25:
- VALUE SHARE OF OTHER TECHNOLOGIES CHEMICALS CONSUMED, BY END USE SECTOR, %, GLOBAL, 2023 VS 2030
- Figure 26:
- VALUE OF CHEMICALS WATERPROOFING SOLUTIONS CONSUMED BY REGION, USD, GLOBAL, 2018 - 2030
- Figure 27:
- VALUE SHARE OF CHEMICALS WATERPROOFING SOLUTIONS CONSUMED BY REGION, %, GLOBAL, 2018 VS 2023 VS 2030
- Figure 28:
- VALUE OF CHEMICALS WATERPROOFING SOLUTIONS CONSUMED BY COUNTRY, USD, ASIA-PACIFIC, 2018 - 2030
- Figure 29:
- VALUE SHARE OF CHEMICALS WATERPROOFING SOLUTIONS CONSUMED BY COUNTRY, %, ASIA-PACIFIC, 2018 VS 2023 VS 2030
- Figure 30:
- VALUE OF CHEMICALS WATERPROOFING SOLUTIONS CONSUMED, USD, AUSTRALIA, 2018 - 2030
- Figure 31:
- VALUE SHARE OF CHEMICALS WATERPROOFING SOLUTIONS CONSUMED BY END USE SECTOR, %, AUSTRALIA, 2023 VS 2030
- Figure 32:
- VALUE OF CHEMICALS WATERPROOFING SOLUTIONS CONSUMED, USD, CHINA, 2018 - 2030
- Figure 33:
- VALUE SHARE OF CHEMICALS WATERPROOFING SOLUTIONS CONSUMED BY END USE SECTOR, %, CHINA, 2023 VS 2030
- Figure 34:
- VALUE OF CHEMICALS WATERPROOFING SOLUTIONS CONSUMED, USD, INDIA, 2018 - 2030
- Figure 35:
- VALUE SHARE OF CHEMICALS WATERPROOFING SOLUTIONS CONSUMED BY END USE SECTOR, %, INDIA, 2023 VS 2030
- Figure 36:
- VALUE OF CHEMICALS WATERPROOFING SOLUTIONS CONSUMED, USD, INDONESIA, 2018 - 2030
- Figure 37:
- VALUE SHARE OF CHEMICALS WATERPROOFING SOLUTIONS CONSUMED BY END USE SECTOR, %, INDONESIA, 2023 VS 2030
- Figure 38:
- VALUE OF CHEMICALS WATERPROOFING SOLUTIONS CONSUMED, USD, JAPAN, 2018 - 2030
- Figure 39:
- VALUE SHARE OF CHEMICALS WATERPROOFING SOLUTIONS CONSUMED BY END USE SECTOR, %, JAPAN, 2023 VS 2030
- Figure 40:
- VALUE OF CHEMICALS WATERPROOFING SOLUTIONS CONSUMED, USD, MALAYSIA, 2018 - 2030
- Figure 41:
- VALUE SHARE OF CHEMICALS WATERPROOFING SOLUTIONS CONSUMED BY END USE SECTOR, %, MALAYSIA, 2023 VS 2030
- Figure 42:
- VALUE OF CHEMICALS WATERPROOFING SOLUTIONS CONSUMED, USD, SOUTH KOREA, 2018 - 2030
- Figure 43:
- VALUE SHARE OF CHEMICALS WATERPROOFING SOLUTIONS CONSUMED BY END USE SECTOR, %, SOUTH KOREA, 2023 VS 2030
- Figure 44:
- VALUE OF CHEMICALS WATERPROOFING SOLUTIONS CONSUMED, USD, THAILAND, 2018 - 2030
- Figure 45:
- VALUE SHARE OF CHEMICALS WATERPROOFING SOLUTIONS CONSUMED BY END USE SECTOR, %, THAILAND, 2023 VS 2030
- Figure 46:
- VALUE OF CHEMICALS WATERPROOFING SOLUTIONS CONSUMED, USD, VIETNAM, 2018 - 2030
- Figure 47:
- VALUE SHARE OF CHEMICALS WATERPROOFING SOLUTIONS CONSUMED BY END USE SECTOR, %, VIETNAM, 2023 VS 2030
- Figure 48:
- VALUE OF CHEMICALS WATERPROOFING SOLUTIONS CONSUMED, USD, REST OF ASIA-PACIFIC, 2018 - 2030
- Figure 49:
- VALUE SHARE OF CHEMICALS WATERPROOFING SOLUTIONS CONSUMED BY END USE SECTOR, %, REST OF ASIA-PACIFIC, 2023 VS 2030
- Figure 50:
- VALUE OF CHEMICALS WATERPROOFING SOLUTIONS CONSUMED BY COUNTRY, USD, EUROPE, 2018 - 2030
- Figure 51:
- VALUE SHARE OF CHEMICALS WATERPROOFING SOLUTIONS CONSUMED BY COUNTRY, %, EUROPE, 2018 VS 2023 VS 2030
- Figure 52:
- VALUE OF CHEMICALS WATERPROOFING SOLUTIONS CONSUMED, USD, FRANCE, 2018 - 2030
- Figure 53:
- VALUE SHARE OF CHEMICALS WATERPROOFING SOLUTIONS CONSUMED BY END USE SECTOR, %, FRANCE, 2023 VS 2030
- Figure 54:
- VALUE OF CHEMICALS WATERPROOFING SOLUTIONS CONSUMED, USD, GERMANY, 2018 - 2030
- Figure 55:
- VALUE SHARE OF CHEMICALS WATERPROOFING SOLUTIONS CONSUMED BY END USE SECTOR, %, GERMANY, 2023 VS 2030
- Figure 56:
- VALUE OF CHEMICALS WATERPROOFING SOLUTIONS CONSUMED, USD, ITALY, 2018 - 2030
- Figure 57:
- VALUE SHARE OF CHEMICALS WATERPROOFING SOLUTIONS CONSUMED BY END USE SECTOR, %, ITALY, 2023 VS 2030
- Figure 58:
- VALUE OF CHEMICALS WATERPROOFING SOLUTIONS CONSUMED, USD, RUSSIA, 2018 - 2030
- Figure 59:
- VALUE SHARE OF CHEMICALS WATERPROOFING SOLUTIONS CONSUMED BY END USE SECTOR, %, RUSSIA, 2023 VS 2030
- Figure 60:
- VALUE OF CHEMICALS WATERPROOFING SOLUTIONS CONSUMED, USD, SPAIN, 2018 - 2030
- Figure 61:
- VALUE SHARE OF CHEMICALS WATERPROOFING SOLUTIONS CONSUMED BY END USE SECTOR, %, SPAIN, 2023 VS 2030
- Figure 62:
- VALUE OF CHEMICALS WATERPROOFING SOLUTIONS CONSUMED, USD, UNITED KINGDOM, 2018 - 2030
- Figure 63:
- VALUE SHARE OF CHEMICALS WATERPROOFING SOLUTIONS CONSUMED BY END USE SECTOR, %, UNITED KINGDOM, 2023 VS 2030
- Figure 64:
- VALUE OF CHEMICALS WATERPROOFING SOLUTIONS CONSUMED, USD, REST OF EUROPE, 2018 - 2030
- Figure 65:
- VALUE SHARE OF CHEMICALS WATERPROOFING SOLUTIONS CONSUMED BY END USE SECTOR, %, REST OF EUROPE, 2023 VS 2030
- Figure 66:
- VALUE OF CHEMICALS WATERPROOFING SOLUTIONS CONSUMED BY COUNTRY, USD, MIDDLE EAST AND AFRICA, 2018 - 2030
- Figure 67:
- VALUE SHARE OF CHEMICALS WATERPROOFING SOLUTIONS CONSUMED BY COUNTRY, %, MIDDLE EAST AND AFRICA, 2018 VS 2023 VS 2030
- Figure 68:
- VALUE OF CHEMICALS WATERPROOFING SOLUTIONS CONSUMED, USD, SAUDI ARABIA, 2018 - 2030
- Figure 69:
- VALUE SHARE OF CHEMICALS WATERPROOFING SOLUTIONS CONSUMED BY END USE SECTOR, %, SAUDI ARABIA, 2023 VS 2030
- Figure 70:
- VALUE OF CHEMICALS WATERPROOFING SOLUTIONS CONSUMED, USD, UNITED ARAB EMIRATES, 2018 - 2030
- Figure 71:
- VALUE SHARE OF CHEMICALS WATERPROOFING SOLUTIONS CONSUMED BY END USE SECTOR, %, UNITED ARAB EMIRATES, 2023 VS 2030
- Figure 72:
- VALUE OF CHEMICALS WATERPROOFING SOLUTIONS CONSUMED, USD, REST OF MIDDLE EAST AND AFRICA, 2018 - 2030
- Figure 73:
- VALUE SHARE OF CHEMICALS WATERPROOFING SOLUTIONS CONSUMED BY END USE SECTOR, %, REST OF MIDDLE EAST AND AFRICA, 2023 VS 2030
- Figure 74:
- VALUE OF CHEMICALS WATERPROOFING SOLUTIONS CONSUMED BY COUNTRY, USD, NORTH AMERICA, 2018 - 2030
- Figure 75:
- VALUE SHARE OF CHEMICALS WATERPROOFING SOLUTIONS CONSUMED BY COUNTRY, %, NORTH AMERICA, 2018 VS 2023 VS 2030
- Figure 76:
- VALUE OF CHEMICALS WATERPROOFING SOLUTIONS CONSUMED, USD, CANADA, 2018 - 2030
- Figure 77:
- VALUE SHARE OF CHEMICALS WATERPROOFING SOLUTIONS CONSUMED BY END USE SECTOR, %, CANADA, 2023 VS 2030
- Figure 78:
- VALUE OF CHEMICALS WATERPROOFING SOLUTIONS CONSUMED, USD, MEXICO, 2018 - 2030
- Figure 79:
- VALUE SHARE OF CHEMICALS WATERPROOFING SOLUTIONS CONSUMED BY END USE SECTOR, %, MEXICO, 2023 VS 2030
- Figure 80:
- VALUE OF CHEMICALS WATERPROOFING SOLUTIONS CONSUMED, USD, UNITED STATES, 2018 - 2030
- Figure 81:
- VALUE SHARE OF CHEMICALS WATERPROOFING SOLUTIONS CONSUMED BY END USE SECTOR, %, UNITED STATES, 2023 VS 2030
- Figure 82:
- VALUE OF CHEMICALS WATERPROOFING SOLUTIONS CONSUMED BY COUNTRY, USD, SOUTH AMERICA, 2018 - 2030
- Figure 83:
- VALUE SHARE OF CHEMICALS WATERPROOFING SOLUTIONS CONSUMED BY COUNTRY, %, SOUTH AMERICA, 2018 VS 2023 VS 2030
- Figure 84:
- VALUE OF CHEMICALS WATERPROOFING SOLUTIONS CONSUMED, USD, ARGENTINA, 2018 - 2030
- Figure 85:
- VALUE SHARE OF CHEMICALS WATERPROOFING SOLUTIONS CONSUMED BY END USE SECTOR, %, ARGENTINA, 2023 VS 2030
- Figure 86:
- VALUE OF CHEMICALS WATERPROOFING SOLUTIONS CONSUMED, USD, BRAZIL, 2018 - 2030
- Figure 87:
- VALUE SHARE OF CHEMICALS WATERPROOFING SOLUTIONS CONSUMED BY END USE SECTOR, %, BRAZIL, 2023 VS 2030
- Figure 88:
- VALUE OF CHEMICALS WATERPROOFING SOLUTIONS CONSUMED, USD, REST OF SOUTH AMERICA, 2018 - 2030
- Figure 89:
- VALUE SHARE OF CHEMICALS WATERPROOFING SOLUTIONS CONSUMED BY END USE SECTOR, %, REST OF SOUTH AMERICA, 2023 VS 2030
- Figure 90:
- MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, GLOBAL, 2020 - 2023
- Figure 91:
- MOST ADOPTED STRATEGIES, COUNT, GLOBAL, 2020 - 2023
- Figure 92:
- REVENUE SHARE OF CHEMICALS WATERPROOFING SOLUTIONS BY MAJOR PLAYERS, %, GLOBAL, 2022
Waterproofing Chemicals Industry Segmentation
Commercial, Industrial and Institutional, Infrastructure, Residential are covered as segments by End Use Sector. Epoxy-based, Polyurethane-based, Water-based are covered as segments by Technology. Asia-Pacific, Europe, Middle East and Africa, North America, South America are covered as segments by Region.
- The global consumption of waterproofing chemicals grew by 4.65% in value in 2022, driven by rising demand from the infrastructure and commercial construction sectors. The market studied was projected to make up approximately 26.43% of the global waterproofing solutions market in 2023.
- The infrastructure sector stands as the largest consumer, accounting for about 31.05% in 2023. Global infrastructure spending is set to rise by USD 367 billion from 2023 to 2030, fueled by increased investments in construction projects. For instance, the Government of the United Kingdom has allocated USD 191 million to its Wireless Infrastructure Strategy, targeting enhanced 5G telecommunication infrastructure by 2030. In addition, India plans to invest around USD 4.5 trillion in infrastructure development by 2030. Consequently, the global waterproofing chemicals market for the infrastructure sector is forecasted to reach USD 662 million by 2030.
- The commercial sector is poised to be the fastest-growing consumer in the market studied, with a projected CAGR of 6.13% during the forecast period. The expanding economy has heightened the demand for commercial spaces, including offices, hotels, and retail malls. Moreover, the United States alone is expected to require 4.61 billion square feet of office space by the end of the forecast period. As a result, the global market for waterproofing chemicals in the commercial sector is anticipated to surge from USD 1.7 billion in 2023 to USD 2.6 billion in 2030.
| End Use Sector | |
| Commercial | |
| Industrial and Institutional | |
| Infrastructure | |
| Residential |
| Technology | |
| Epoxy-based | |
| Polyurethane-based | |
| Water-based | |
| Other Technologies |
| Region | ||||||||||||||
| ||||||||||||||
| ||||||||||||||
| ||||||||||||||
| ||||||||||||||
|
Need A Different Region Or Segment?
Customize Now
Market Definition
- END-USE SECTOR - Waterproofing chemicals consumed in the construction sectors such as commercial, residential, industrial, institutional, and infrastructure are considered under the scope of the study.
- PRODUCT/APPLICATION - Under the scope of the study, the consumption of waterproofing chemical products based on water, epoxy, polyurethane, and other technologies are considered.
| Keyword | Definition |
|---|---|
| Accelerator | Accelerators are admixtures used to fasten the setting time of concrete by increasing the initial rate and speeding up the chemical reaction between cement and the mixing water. These are used to harden and increase the strength of concrete quickly. |
| Acrylic | This synthetic resin is a derivative of acrylic acid. It forms a smooth surface and is mainly used for various indoor applications. The material can also be used for outdoor applications with a special formulation. |
| Adhesives | Adhesives are bonding agents used to join materials by gluing. Adhesives can be used in construction for many applications, such as carpet laying, ceramic tiles, countertop lamination, etc. |
| Air Entraining Admixture | Air-entraining admixtures are used to improve the performance and durability of concrete. Once added, they create uniformly distributed small air bubbles to impart enhanced properties to the fresh and hardened concrete. |
| Alkyd | Alkyds are used in solvent-based paints such as construction and automotive paints, traffic paints, flooring resins, protective coatings for concrete, etc. Alkyd resins are formed by the reaction of an oil (fatty acid), a polyunsaturated alcohol (Polyol), and a polyunsaturated acid or anhydride. |
| Anchors and Grouts | Anchors and grouts are construction chemicals that stabilize and improve the strength and durability of foundations and structures like buildings, bridges, dams, etc. |
| Cementitious Fixing | Cementitious fixing is a process in which a cement-based grout is pumped under pressure to fill forms, voids, and cracks. It can be used in several settings, including bridges, marine applications, dams, and rock anchors. |
| Commercial Construction | Commercial construction comprises new construction of warehouses, malls, shops, offices, hotels, restaurants, cinemas, theatres, etc. |
| Concrete Admixtures | Concrete admixtures comprise water reducers, air entrainers, retarders, accelerators, superplasticizers, etc., added to concrete before or during mixing to modify its properties. |
| Concrete Protective Coatings | To provide specific protection, such as anti-carbonation or chemical resistance, a film-forming protective coat can be applied on the surface. Depending on the applications, different resins like epoxy, polyurethane, and acrylic can be used for concrete protective coatings. |
| Curing Compounds | Curing compounds are used to cure the surface of concrete structures, including columns, beams, slabs, and others. These curing compounds keep the moisture inside the concrete to give maximum strength and durability. |
| Epoxy | Epoxy is known for its strong adhesive qualities, making it a versatile product in many industries. It resists heat and chemical applications, making it an ideal product for anyone needing a stronghold under pressure. It is widely used in adhesives, electrical and electronics, paints, etc. |
| Fiber Wrapping Systems | Fiber Wrapping Systems are a part of construction repair and rehabilitation chemicals. It involves the strengthening of existing structures by wrapping structural members like beams and columns with glass or carbon fiber sheets. |
| Flooring Resins | Flooring resins are synthetic materials applied to floors to enhance their appearance, increase their resistance to wear and tear or provide protection from chemicals, moisture, and stains. Depending on the desired properties and the specific application, flooring resins are available in distinct types, such as epoxy, polyurethane, and acrylic. |
| High-Range Water Reducer (Super Plasticizer) | High-range water reducers are a type of concrete admixture that provides enhanced and improved properties when added to concrete. These are also called superplasticizers and are used to decrease the water-to-cement ratio in concrete. |
| Hot Melt Adhesives | Hot-melt adhesives are thermoplastic bonding materials applied as melts that achieve a solid state and resultant strength on cooling. They are commonly used for packaging, coatings, sanitary products, and tapes. |
| Industrial and Institutional Construction | Industrial and institutional construction includes new construction of hospitals, schools, manufacturing units, energy and power plants, etc. |
| Infrastructure Construction | Infrastructure construction includes new construction of railways, roads, seaways, airports, bridges, highways, etc. |
| Injection Grouting | The process of injecting grout into open joints, cracks, voids, or honeycombs in concrete or masonry structural members is known as injection grouting. It offers several benefits, such as strengthening a structure and preventing water infiltration. |
| Liquid-Applied Waterproofing Membranes | Liquid-Applied membrane is a monolithic, fully bonded, liquid-based coating suitable for many waterproofing applications. The coating cures to form a rubber-like elastomeric waterproof membrane and may be applied over many substrates, including asphalt, bitumen, and concrete. |
| Micro-concrete Mortars | Micro-concrete mortar is made up of cement, water-based resin, additives, mineral pigments, and polymers and can be applied on both horizontal and vertical surfaces. It can be used to refurbish residential complexes, commercial spaces, etc. |
| Modified Mortars | Modified Mortars include Portland cement and sand along with latex/polymer additives. The additives increase adhesion, strength, and shock resistance while also reducing water absorption. |
| Mold Release Agents | Mold release agents are sprayed or coated on the surface of molds to prevent a substrate from bonding to a molding surface. Several types of mold release agents, including silicone, lubricant, wax, fluorocarbons, and others, are used based on the type of substrates, including metals, steel, wood, rubber, plastic, and others. |
| Polyaspartic | Polyaspartic is a subset of polyurea. Polyaspartic floor coatings are typically two-part systems that consist of a resin and a catalyst to ease the curing process. It offers high durability and can withstand harsh environments. |
| Polyurethane | Polyurethane is a plastic material that exists in various forms. It can be tailored to be either rigid or flexible and is the material of choice for a broad range of end-user applications, such as adhesives, coatings, building insulation, etc. |
| Reactive Adhesives | A reactive adhesive is made of monomers that react in the adhesive curing process and do not evaporate from the film during use. Instead, these volatile components become chemically incorporated into the adhesive. |
| Rebar Protectors | In concrete structures, rebar is one of the important components, and its deterioration due to corrosion is a major issue that affects the safety, durability, and life span of buildings and structures. For this reason, rebar protectors are used to protect against degrading effects, especially in infrastructure and industrial construction. |
| Repair and Rehabilitation Chemicals | Repair and Rehabilitation Chemicals include repair mortars, injection grouting materials, fiber wrapping systems, micro-concrete mortars, etc., used to repair and restore existing buildings and structures. |
| Residential Construction | Residential construction involves constructing new houses or spaces like condominiums, villas, and landed homes. |
| Resin Fixing | The process of using resins like epoxy and polyurethane for grouting applications is called resin fixing. Resin fixing offers several advantages, such as high compressive and tensile strength, negligible shrinkage, and greater chemical resistance compared to cementitious fixing. |
| Retarder | Retarders are admixtures used to slow down the setting time of concrete. These are usually added with a dosage rate of around 0.2% -0.6% by weight of cement. These admixtures slow down hydration or lower the rate at which water penetrates the cement particles by making concrete workable for a long time. |
| Sealants | A sealant is a viscous material that has little or no flow qualities, which causes it to remain on surfaces where they are applied. Sealants can also be thinner, enabling penetration to a certain substance through capillary action. |
| Sheet Waterproofing Membranes | Sheet membrane systems are reliable and durable thermoplastic waterproofing solutions that are used for waterproofing applications even in the most demanding below-ground structures, including those exposed to highly aggressive ground conditions and stress. |
| Shrinkage Reducing Admixture | Shrinkage-reducing admixtures are used to reduce concrete shrinkage, whether from drying or self-desiccation. |
| Silicone | Silicone is a polymer that contains silicon combined with carbon, hydrogen, oxygen, and, in some cases, other elements. It is an inert synthetic compound that comes in various forms, such as oil, rubber, and resin. Due to its heat-resistant properties, it finds applications in sealants, adhesives, lubricants, etc. |
| Solvent-borne Adhesives | Solvent-borne adhesives are mixtures of solvents and thermoplastic or slightly cross-linked polymers such as polychloroprene, polyurethane, acrylic, silicone, and natural and synthetic rubbers. |
| Surface Treatment Chemicals | Surface treatment chemicals are chemicals used to treat concrete surfaces, including roofs, vertical surfaces, and others. They act as curing compounds, demolding agents, rust removers, and others. They are cost-effective and can be used on roadways, pavements, parking lots, and others. |
| Viscosity Modifier | Viscosity Modifiers are concrete admixtures used to change various properties of admixtures, including viscosity, workability, cohesiveness, and others. These are usually added with a dosage of around 0.01% to 0.1% by weight of cement. |
| Water Reducer | Water reducers, also called plasticizers, are a type of admixture used to decrease the water-to-cement ratio in the concrete, thereby increasing the durability and strength of concrete. Various water reducers include refined lignosulfonates, gluconates, hydroxycarboxylic acids, sugar acids, and others. |
| Water-borne Adhesives | Water-borne adhesives use water as a carrier or diluting medium to disperse resin. They are set by allowing the water to evaporate or be absorbed by the substrate. These adhesives are compounded with water as a dilutant rather than a volatile organic solvent. |
| Waterproofing Chemicals | Waterproofing chemicals are designed to protect a surface from the perils of leakage. A waterproofing chemical is a protective coating or primer applied to a structure's roof, retaining walls, or basement. |
| Waterproofing Membranes | Waterproofing membranes are liquid-applied or self-adhering layers of water-tight materials that prevent water from penetrating or damaging a structure when applied to roofs, walls, foundations, basements, bathrooms, and other areas exposed to moisture or water. |
Need More Details on Market Definition?
Ask a Question
Research Methodology
Mordor Intelligence follows a four-step methodology in all our reports.
- Step-1: Identify Key Variables: The quantifiable key variables (industry and extraneous) pertaining to the specific product segment and country are selected from a group of relevant variables & factors based on desk research & literature review; along with primary expert inputs. These variables are further confirmed through regression modeling (wherever required).
- Step-2: Build a Market Model: In order to build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built on the basis of these variables.
- Step-3: Validate and Finalize: In this important step, all market numbers, variables and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
- Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms
Get More Details On Research Methodology
Download Sample
80% of our clients seek made-to-order reports. How do you want us to tailor yours?
