Waterproofing Admixture Market to Rear Excessive Growth During 2023


Waterproofing admixtures are permeability-reducing admixtures that resist water penetration and reduces absorption into concrete under hydrostatic pressure or non-hydrostatic pressure. Waterproofing admixtures improve the durability of structures and reduce maintenance cost over time. These reasons have spiked the demand for waterproofing admixtures in the renovation of old structures as well as new ones. The report states that the value of the global waterproofing admixtures market is expected to be worth US$4.9 bn by 2024 from US$2.5 bn in 2015, as the market surges at a CAGR of 7.9%.
Crystalline Waterproofing Admixtures Show Steady Growth in Residential Sector

Read Report Overview @

Based on the product type, waterproofing admixture market is segmented into crystalline, pore-blocking, and others which include supplementary cementitious material. Crystalline waterproofing admixtures are hydrophilic in nature and are also known as the primary admixture. This type of admixture is produced using proprietary active chemicals and cementitious material. Crystalline admixtures have self-healing abilities and can thus repair a hairline crack that is up to 0.5mm. Thus, this product is categorized under permeability reducing admixture under hydrostatic pressure (PRAH).

On the other hand, pore-blocking admixtures are manufactured by using water repellent chemicals such as long chain fatty acids derivatives, mineral oil, and stearates. Pore-blocks admixtures form an insoluble hydrophobic layer on concrete walls to block passage of water if they are used during the hydration process. They are popularly known as secondary admixtures and categorized under permeability reducing admixture under non-hydrostatic pressure (PRAN).

In terms of application, waterproofing admixture market is segmented into residential, commercial, and infrastructure sectors. The residential sector is expected to lead the global market due to increasing ongoing urbanization that has created a pressing need for new residential projects. Demand for the crystalline product is projected to be dominated by consumption of the product in residential as well as in commercial applications. Crystalline products offer several advantages than the other admixtures due to its characteristic feature such as the ability to work under hydrostatic pressure.

Asia Pacific Leaps Ahead as Demand for New Constructions Continue to Rise

In terms of geography, the global waterproofing admixtures market is fragmented into North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. Of these, Asia Pacific has been leading the global market and is expected to retain its dominance throughout the forecast period. The rapid growth of the construction sector across Asia Pacific, especially in countries such as India and China has boosted the demand for cement and concrete, which, in turn, is driving waterproofing admixture market. In the Middle East and Africa, development of new multifamily housing projects will contribute towards the global demand for waterproofing admixture. North America and Europe are mature markets and are less lucrative than Asia Pacific owing to the enactment of strict government regulations on CO2 and VOC emitting products and rise in consumer awareness about waterproofing admixtures in these regions.

Furthermore, the rising number of immigrants, refugees, and increasing prospect of sustainable building material such as high-performance concrete, augmenting the growth of the residential sector in Europe thereby promoting the growth of waterproofing admixture market. North America accounted for a low share in 2015 due to slump in the construction and building activities.

Request to view Sample Report:

The key players operating in the global waterproofing admixtures market are BASF SE, Sika AG, Mapei SPA, and Cemex. These companies are focusing on developing result-oriented marketing strategies and expanding their geographical reach to developing regions such as Asia Pacific in the coming years.




About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Contact

Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

Comments

Post a Comment

Popular posts from this blog

Wood Adhesives and Binders Market to Perceive Substantial Growth During 2020 The competitive landscape of global wood adhesive and binders market is fragmented, as only tope four players are responsible for 36% of the total market, as analyzed by Transparency Market Research (TMR). As the market requires huge amount of capital and significant high setup cost some of the key players play a noticeable role. Henkel AG, Dow Chemical Company, 3M Company and Co., KGaA, HB Fuller, and 3M Company are some of the key players analyzed in the report. The global wood adhesive and binders market is consolidated due to the high cost involved to customize products by using innovative technologies. The competition is also fierce due to limited number of players competing against each other. Although new player with strong financial support will pave their way in bio based adhesive formulations. Read Report Overview @ https://www.transparencymarketresearch.com/wood-adhesives-binders-market.html As per the analysis done by the TMR authors, the global wood adhesive and binders market is estimated to reach a valuation of US$ 17.7 bn by the end of the forecast period in 2020. The CAGR is projected to expand at 4.4% between 2014 to 2020. The furniture and subcomponents segment under the application category is estimated to lead the market by attaining 5% CAGR during the forecast period. As per geography, North America leads the global market. The region is witness larger consumption of wood adhesive and binders market in the recent past. Increasing Demand in Construction Industry Could Boost the Market Wood adhesive and binders have a significant role in making cabinets, windows, doors, flooring, plywood, and various other structural panels. The use of wood adhesive and binders is widely seen in furniture and construction areas. As the construction market is estimated to increase at a CAGR of 4.7% during 2016 to 2020, which will significantly boost the demand for wood adhesive and binders during the same period. Rising population in emerging nations, require residential facilities thus propelling the construction and infrastructure market, which will further boost the demand for wood adhesive and binders market. Asia Pacific being the major region where building and construction industry have significantly growing 2015 to 2020. Environmental Concerns May Restrain the Wood Adhesive and Binders Market to Grow at its Full Potential Petroleum based feedstock like vinyl, styrene butadiene, urea, acetate, phenols, acrylates, and polyurethanes helps in manufacturing wood adhesive and binders. As these petroleum feedstock’s are highly dependent on crude oil, even a minute fluctuation in the crude oil prices affects the raw material required to manufacture wood adhesive and binders. Request to view Sample Report: https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=3045 Additionally, with the emission of volatile organic compounds (VOC) while manufacturing wood adhesive and binders highly affects the environment and create various health risks. The increasing environmental concerns may restrict the market from attaining its full potential. Thus to mitigate these harmful effects number of governments are bring regulation to restrict the amount of gasses releases while manufacturing adhesives and binders which will help the market to grow in coming years. About Us Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information. TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports. Contact Transparency Market Research State Tower, 90 State Street, Suite 700, Albany NY - 12207 United States Tel: +1-518-618-1030 USA - Canada Toll Free: 866-552-3453 Email: sales@transparencymarketresearch.com Website: http://www.transparencymarketresearch.com

The competitive landscape of global wood adhesive and binders market is fragmented, as only tope four players are responsible for 36% of the total market, as analyzed by Transparency Market Research (TMR). As the market requires huge amount of capital and significant high setup cost some of the key players play a noticeable role. Henkel AG, Dow Chemical Company, 3M Company and Co., KGaA, HB Fuller, and 3M Company are some of the key players analyzed in the report. The global wood adhesive and binders market is consolidated due to the high cost involved to customize products by using innovative technologies. The competition is also fierce due to limited number of players competing against each other. Although new player with strong financial support will pave their way in bio based adhesive formulations. Read Report Overview @ https://www.transparencymarketresearch.com/wood-adhesives-binders-market.html As per the analysis done by the TMR authors, the glob...
Keep reading

High-performance Anti-corrosion Coatings Market to Record an Exponential CAGR by 2024

The global high-performance anti-corrosion coatings market was valued at US$ 12.60 Bn in 2017 and is anticipated to expand at a CAGR of 5.9% from 2018 to 2026, according to a new report titled ‘High-performance Anti-corrosion Coatings Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026,’ published by Transparency Market Research (TMR). The global high-performance anti-corrosion coatings market is driven by growth of the global oil & gas industry. Asia Pacific accounts for a major share of the global market, due to growth of construction, marine, and oil & gas industries in the region. Read Report Overview @ https://www.transparencymarketresearch.com/high-performance-anticorrosion-coatings-market.html The number of oil & gas drilling and exploration activities has increased in the last few years. The Gulf of Mexico, Southeast Asia, and North Sea are currently rich in oil & gas resources and they have a large ...
Keep reading

Water Pump Market - Global Industry Analysis , Share 2023 | TMR

Albany, New York, May 29, 2017: Transparency Market Research (TMR) announces a new report on the global water pump market. The report, titled ‘Water Pump Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2023,’ profiles the historical development of the market to derive useful patterns regarding the way the market has developed in the recent past. Based on a solid database of past and present data, reliable projections regarding the future growth trajectory of the global water pump market have been provided in the report. The report provides readers with a comprehensive picture of the global water pump market, making it a must-have accessory for interested parties in the market. Browse Market Research Report @ http://www.transparencymarketresearch.com/water-pump-market.html Water pumps have been a necessity in human development and have played a key role in the development of human civilization itself. In recent years, the global w...
Keep reading