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Waterproofing Chemicals Market Size, Share, Industry Trends and Forecast to 2030

Waterproofing Chemicals Market Research Report – Segmented By Region (North America, Europe, Asia-Pacific, Middle-East & Africa, Latin America) – Analysis on Size, Share, Trends, COVID-19 Impact, Competitive Analysis, Growth Opportunities and Key Insights from 2019 to 2030.


  • Published date -30th Jan 2024

  • Formats -PDF, CSV

  • Region -Global

Waterproofing Chemicals market share by regions

Waterproofing Chemicals market share by regions

Waterproofing Chemicals Market Size & CAGR

The global Waterproofing Chemicals market size was valued at USD 20.5 billion in 2023 and is projected to reach USD 32.4 billion by 2030, with a CAGR of 6.8% during the forecast period. The market growth can be attributed to the increasing construction activities in developing economies, rising awareness about the benefits of waterproofing chemicals, and the growing demand for sustainable construction materials.

According to industry analysts, the forecast growth rate from 2023 to 2030 is expected to remain steady, driven by the expansion of the construction industry, infrastructure development projects, and the adoption of advanced waterproofing technologies. The market is witnessing a shift towards eco-friendly and cost-effective solutions, which is expected to further drive the demand for waterproofing chemicals in the coming years.

COVID-19 Impact on the Waterproofing Chemicals Market

The COVID-19 pandemic had a mixed impact on the waterproofing chemicals market. While the market experienced a temporary slowdown in the first half of 2020 due to lockdowns and disruptions in construction activities, it rebounded swiftly in the latter part of the year. The increased focus on hygiene, safety, and durability in buildings and infrastructure projects post-pandemic has driven the demand for waterproofing chemicals.

The pandemic highlighted the importance of waterproofing solutions in protecting buildings from water damage, mold growth, and structural deterioration. As a result, construction companies and infrastructure developers are increasingly incorporating waterproofing chemicals in their projects to enhance the longevity and sustainability of structures. The market is expected to witness continued growth as the construction industry recovers and adapts to the new normal.

Waterproofing Chemicals Market Dynamics

The waterproofing chemicals market is characterized by several key dynamics that are shaping the industry landscape:

Market Drivers:

  • Rising demand for sustainable and energy-efficient construction materials
  • Growing awareness about the benefits of waterproofing chemicals in enhancing building durability
  • Increasing investments in infrastructure development projects in emerging economies
  • Technological advancements in waterproofing formulations for improved performance

Market Restraints:

  • Volatility in raw material prices affecting product affordability
  • Stringent regulations on VOC emissions and environmental impact of waterproofing chemicals
  • Slow adoption of waterproofing technologies in certain regions due to lack of awareness

Market Opportunities:

  • Expansion of the construction industry in developing countries providing growth opportunities
  • Development of innovative waterproofing solutions for specialized applications
  • Collaborations with key stakeholders to promote sustainable building practices

Segments and Related Analysis of the Waterproofing Chemicals Market

The waterproofing chemicals market can be segmented based on product type, technology, application, and end-user industries. Each segment plays a crucial role in driving the market growth and meeting the diverse needs of customers across various sectors.

Waterproofing Chemicals Market Analysis Report by Region

Asia Pacific Waterproofing Chemicals Market Report

The Asia Pacific region dominates the global waterproofing chemicals market, accounting for the largest market share due to rapid urbanization, infrastructure development, and government initiatives to promote sustainable construction practices. Countries like China, India, and Japan are major contributors to the market growth in this region.

South America Waterproofing Chemicals Market Report

South America is experiencing steady growth in the waterproofing chemicals market, driven by the expansion of the construction sector, increasing investments in residential and commercial projects, and the implementation of stringent building codes and regulations. Countries like Brazil, Argentina, and Chile are key markets for waterproofing chemicals in South America.

North America Waterproofing Chemicals Market Report

North America is a mature market for waterproofing chemicals, characterized by high demand for advanced waterproofing solutions, strict regulatory standards, and a focus on sustainable construction practices. The region is witnessing significant investments in infrastructure development, renovation projects, and green building initiatives, driving the growth of the waterproofing chemicals market.

Europe Waterproofing Chemicals Market Report

Europe is a prominent market for waterproofing chemicals, with countries like Germany, France, and the UK driving market growth through urban revitalization projects, renovation of historic buildings, and investments in sustainable construction practices. The region's emphasis on energy efficiency, environmental protection, and resilient infrastructure has increased the demand for waterproofing solutions in the construction industry.

Middle East and Africa Waterproofing Chemicals Market Report

The Middle East and Africa region are witnessing robust growth in the waterproofing chemicals market due to rapid urbanization, infrastructure development, and investments in mega construction projects. Countries like the UAE, Saudi Arabia, and South Africa are key markets for waterproofing chemicals, driven by the need for high-performance building materials, sustainable construction practices, and climate-resilient infrastructure.

Waterproofing Chemicals Market Analysis Report by Technology

The waterproofing chemicals market can be segmented based on technology, with various formulations and applications catering to specific requirements. Key technologies in the market include:

  • Bituminous Membrane
  • Polyurethane Chemicals
  • Elastomeric Coatings
  • Epoxy Resins
  • Cementitious Waterproofing
  • Others

Waterproofing Chemicals Market Analysis Report by Product

The waterproofing chemicals market offers a wide range of products to meet the diverse needs of customers across different sectors. Key product segments in the market include:

  • Waterproofing Membranes
  • Waterproofing Admixtures
  • Sealants
  • Roofing Chemicals
  • Others

Waterproofing Chemicals Market Analysis Report by Application

The waterproofing chemicals market caters to various applications in the construction, infrastructure, and industrial sectors. Key application areas of waterproofing chemicals include:

  • Roofing and Walls
  • Basements and Foundations
  • Floors and Pavements
  • Bridges and Tunnels
  • Others

Waterproofing Chemicals Market Analysis Report by End-User

The waterproofing chemicals market serves a diverse range of end-user industries, each with specific requirements for waterproofing solutions. Key end-user segments in the market include:

  • Residential Construction
  • Commercial Construction
  • Infrastructure Development
  • Industrial Applications
  • Others

Key Growth Drivers and Key Market Players of Waterproofing Chemicals Market

The waterproofing chemicals market is driven by several key growth drivers that are shaping the industry landscape. These include:

  • Increasing demand for sustainable and eco-friendly construction materials
  • Rapid urbanization and infrastructure development in emerging economies
  • Technological advancements in waterproofing formulations
  • Growing awareness about the importance of waterproofing in construction projects

Key market players in the waterproofing chemicals market include:

  • BASF SE
  • Sika AG
  • Tremco Incorporated
  • RPM International Inc.
  • Fosroc International Ltd.

These companies play a significant role in driving innovation, research, and development in the waterproofing chemicals market, offering a wide range of products and solutions to meet the diverse needs of customers worldwide.

Waterproofing Chemicals Market Trends and Future Forecast

The waterproofing chemicals market is witnessing several key trends that are likely to shape its future growth trajectory:

  • Increasing adoption of eco-friendly and sustainable waterproofing solutions
  • Rise in demand for high-performance and long-lasting waterproofing chemicals
  • Technological advancements in waterproofing formulations for enhanced efficiency
  • Growth of smart buildings and infrastructure projects driving demand for advanced waterproofing solutions

Recent Happenings in the Waterproofing Chemicals Market

The waterproofing chemicals market has witnessed several recent developments that are shaping the industry landscape:

  • BASF launched a new range of eco-friendly waterproofing chemicals with enhanced performance characteristics
  • Sika AG announced a strategic partnership with a leading construction company to develop innovative waterproofing solutions
  • Tremco Incorporated introduced a new line of sealants for industrial applications with superior durability and weather resistance
  • RPM International Inc. acquired a key player in the waterproofing chemicals market to expand its product portfolio and market presence
  • Fosroc International Ltd. collaborated with a prominent research institution to develop cutting-edge waterproofing technologies for infrastructure projects

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Datasite
Agilent
Johnson
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Carl Zeiss
Dywidag
Illumina
LEK Consulting
Shell

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    Waterproofing Chemicals Market FAQs

    1. What is the market size of the Waterproofing Chemicals?

    The market size of the Waterproofing Chemicals industry was valued at $9.1 billion in 2020. It is expected to reach $12.3 billion by 2025, growing at a CAGR of 6.2% during the forecast period.

    2. What are the key market players or companies in the Waterproofing Chemicals industry?

    Some of the key market players in the Waterproofing Chemicals industry include BASF SE, Sika AG, RPM International Inc., W.R. Grace & Co., Pidilite Industries Limited, Carlisle Companies Inc., Conpro Chemicals Private Limited, Mapei Corporation, among others.

    3. What are the primary factors driving the growth in the Waterproofing Chemicals industry?

    The primary factors driving the growth in the Waterproofing Chemicals industry include increasing construction activities, growing demand for waterproofing solutions in infrastructure development, rising awareness about the benefits of waterproofing chemicals, and technological advancements in product formulations.

    4. Which region is identified as the fastest-growing in the Waterproofing Chemicals?

    Asia-Pacific is identified as the fastest-growing region in the Waterproofing Chemicals market. This growth is attributed to rapid urbanization, infrastructure development, and increasing investments in the construction sector in countries like China, India, and Southeast Asian nations.

    5. Does ConsaInsights provide customized market report data for the Waterproofing Chemicals industry?

    Yes, ConsaInsights provides customized market report data for the Waterproofing Chemicals industry. Our reports can be tailored to meet specific client requirements, providing detailed insights, analysis, and forecasts based on individual needs.

    6. What deliverables can I expect from this Waterproofing Chemicals market research report?

    Our Waterproofing Chemicals market research report includes in-depth analysis of market trends, key players, market size, growth projections, competitive landscape, regulatory environment, technological advancements, and future opportunities. You can expect detailed market segmentation, strategic recommendations, and actionable insights to help make informed business decisions.