Waterproofing Admixture Market - Developing Country to Consume Large Portion
Market Definition:
Waterproofing admixture for concrete is also referred to as
water resisting admixture or permeability reducing admixture. These admixtures
help to avert the water passage through hardened concrete under a pressure
head. Water forms an integral part of concrete construction right from the
mixing of concrete to the curing of concrete. However, it has to be taken care
that if the concrete has gained its required strength, thereafter any
penetration of moisture or water in concrete can result in concrete damage. The
damage can be caused due to corrosion of reinforcement or due to freeze thaw.
Major Key Players:
The major companies that provide waterproofing admixture
include Fosroc International Ltd, BASF SE, Mapei S.P.A., W.R. Grace & Co.,
DOW Corning Corporation, RPM International Inc., Pidilite Industries, SIKA
AG, Evonik Industries, Wacker Chemie AG,
Xypex Chemical Corporation.
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Market Segmentation:
The global waterproofing admixture market can be classified
based on type, application and region. On the basis of type, the global
waterproofing admixture market is classified into crystalline waterproofing
admixture, pore blocking admixture, and others. Depending upon application, it
is segmented into commercial and residential infrastructures.
Market Analysis with
Latest Growth Factors:
The global waterproofing admixture market is expected to gain
major revenue in the forecast period. Factors such as rise in various
infrastructural requirements in developing countries, improving construction
economics, and shifting preferences of population toward urbanization are
fuelling the growth of this market. In the developing countries, that consume
large portion of waterproofing admixtures include Egypt, China, Brazil, India,
and Turkey; whereas the U.S., Spain, Germany, Japan, and Italy are the
developed economies that consume waterproofing admixtures to great extent.
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Region Analysis:
Based on regions, the global waterproofing admixture market is
divided into North America, Europe, Asia-Pacific (APAC), Middle East &
Africa (MEA), and Latin America. The North American region is anticipated to
command the maximum market share and would lead the waterproofing admixture
market during the forecast period. Factors such as high infrastructure
requirements in developed economies, enlightening construction industry, and
high rate of urbanization is favouring the growth of this market in this
region.
The Asia-Pacific region is expected to witness the swiftest
growth in the waterproofing admixture market. Factors such as rise in demand
for waterproofing admixture in India, China, and Japan in the region is
expected to fuel the waterproofing admixture system market during the forecast
period. The waterproofing admixtures demand relies on new construction and its
maintenance as well as repair activities. The high demand for these admixtures
is driven by rising requirements for housing and infrastructure. It is also
inclined by consumer awareness, need for durable and aesthetic civil structure,
and other benefits achieved in making concrete structure more economical for
contractors and other interest holders.
Major Points from Table
of content:
•
Executive Summary
•
Research Methodology
•
Market Dynamics
•
Industry Overview
•
Global Waterproofing Admixture Market, By
Product (2017-2025)
•
Global Waterproofing Admixture Market, By
Regions (2017-2025)
•
Market Competition Analysis
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