Concrete Waterproofing with Crystalline Technology Market to Record Sturdy Growth by 2024
Concrete
is a highly important construction and building material. Concrete is
porous and permeable in nature. Due to its composition and nature,
concrete is often susceptible to damage and deterioration caused by
water. Waterproofing materials are applied either as coatings or as
admixture so as to protect the concrete from this damage and
deterioration. Moreover, as for structures exposed to water under
hydrostatic pressure, waterproofing is highly important.
Waterproofing materials form a strong physical barrier against water,
thereby preventing the water from entering the concrete, even under
significant head pressures. Waterproofing is done either through
internal membrane formation or external membrane formation. Internal
membranes are prepared along with waterproofing admixtures and
external membranes are applied on the surface of concrete as
coatings. Internal waterproofing is also known as integral
waterproofing. The crystalline waterproofing technology improves the
performance and durability of concrete structures. Moreover, this
technology inhibits the effect of gasses such as CO, CO2, SO2, and
NO2, thereby inhibiting the process of carbonation.
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The
crystalline waterproofing technology can be classified on the basis
of method or type of application. There are three different methods
for application of crystalline waterproofing technology. The first
one is direct application on the surface of the concrete structure.
The second method comprises direct mixing of waterproofing materials
with the concrete batch, as an admixture. The third method is
application of dry crystalline waterproofing powder on the uncured
concrete surface. Out of all these available methods, the mixing as
an admixture is the most commonly used one.
The
rise in demand for concrete waterproofing with crystalline technology
is largely attributable to the growing construction industry. The
ability of crystalline products to self-seal new cracks in concrete
is a unique benefit of this technology. Various benefits of
crystalline waterproofing technology such as protection of reinforced
steel from corrosion are driving the crystalline waterproofing
technology market at a rapid pace. This trend is expected to continue
during the forecast period, owing to the rising construction
industry. However, expensive nature of this technology is expected to
slightly hamper the market during the forecast period.
In
terms of geography, the global concrete waterproofing with
crystalline technology market has been segmented into North America,
Europe, Asia Pacific, Latin America, and Middle East & Africa. On
account of rapid growth in the construction industry in countries
such as China, India, and Japan; the concrete waterproofing market
with crystalline technology in Asia Pacific is expected to expand
during the forecast period. Thus, Asia Pacific is anticipated to
dominate the global market during the forecast period. North America
and Europe follow Asia Pacific in the market for concrete
waterproofing with crystalline technology. The concrete waterproofing
with crystalline technology market in Latin America is likely to
expand at a significant rate during the forecast period, owing to the
rise in end-use industries in the region.
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The
global concrete waterproofing with crystalline technology market is
slightly consolidated. However, there are several manufacturers
around the world. Some of the key players operating in the concrete
waterproofing with crystalline technology market include BASF SE,
W.R. Grace & Co, Wacker Chemie AG, Mapei S.P.A., and Pidilite
Industries.
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