Waterproofing Chemicals Market is Estimated to Rise at a Steady CAGR of 5.10% During 2016:2024 - TMR

ALBANY, New York, June 19, 2019 /PRNewswire/ -- The global waterproofing chemicals market is foreseen to be marked as consolidated owing to the presence of few players. Five key players in 2015, accounted for over 85% of over share of waterproofing chemicals market. These five players are, E.I. du Pont de Nemours and Company, Evonik Industries, Sika AG, BASF SE, and The Dow Chemical Company. These players are known for maintaining a leading position in the market owing to their expanded product portfolios, and regional presence spread all over various industrial applications. The firms are also taking up strategies such as mergers and collaborations and partnerships to improve their product portfolio to improve their market position and future growth.

These key players in the market are looking for their expansions and growth from the several developing nations and regions for example, Latin America, the Middle East and Africa, and Asia Pacific.

To garner compelling insights on the forecast analysis of global market, request a sample at https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=8530

According to recent report by Transparency Market Research, the global waterproofing chemicals market is estimated to develop at a steady CAGR of 5.10% within the forecast period from 2016 to 2024. The market is prognosticated to reach around worth of US$12.3 bn by the end of forecast period, 2024. In 2015, the market was valued around US$7.6 bn.

On the basis of product, bitumen segment led the demand in the global waterproofing chemicals market lately. The segment is foreseen to sustain its steady growth, because of its extraordinary binding properties and high viscosity. Moreover, PVC and silicone are as well likely to fuel the demand in the span of coming years. Geographically, increase in infrastructural projects for example, pavements, bridges, and tunnels in several regions across the globe are estimated to pump the market growth.

Stuck in a neck-to-neck competition with other brands? Request a custom report on competition at https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=8530

Automation in Manufacturing of Waterproofing Chemicals to Contribute in Market Growth

The rising demand regarding waterproofing chemicals market in applications like protection of buildings from seepage and leakage too drive the market. Furthermore, developing urbanization over the world and industrialization are additionally foreseen to fuel the demand with respect to construction industry. Also, technological advancements, for example, automation in development of the waterproofing chemicals are likely to build their production and growth at the same time. Moreover, new innovations like big data are additionally making it simpler to discover new combinations and materials that clears the path for growth in waterproofing chemicals. The decrease in expenses because of mass manufacturing will likewise boost extensive development in the waterproofing chemicals market.

Growth in Construction Industry to Augment Growth in Global Market

Waterproofing chemicals market is witnessing a strong development in construction, on account of growth in infrastructure over the world, particularly in Asia Pacific. Moreover, the waterproofing chemicals market is seeing a surging demand in new applications, for example, leather, construction, textiles, and automobiles as well. The waterproofing chemicals hold a significant role in wearable devices like leather and textile products such as bags. The chemicals help ward off moisture from significant individual assets and are estimated to make new scope in the waterproofing chemicals market.

Request For Discount On This Report: https://www.transparencymarketresearch.com/sample/sample.php?flag=D&rep_id=8530

In the construction sector, the waterproofing chemicals market is anticipated to play a major role. Key regional markets like North America are experiencing a growth in office and home renovation. Furthermore, renovation and roofing activities are majorly augmented by extreme weather conditions faced across the globe since a few years. Different public infrastructure places, which consist buildings for example, roadways, public utility centers, tunnels bridges, and pavements has likewise been vital to the solid interest for global waterproofing chemicals market.

This analysis is based on a recent market research report by Transparency Market Research, titled, "Waterproofing Chemicals Market (Product Type - Bitumen, PVC, EPDM, TPO, PTFE and Silicone; Technology - Sheet-based Membrane, Liquid Coated Membrane, and Cementitious Waterproofing; End Use - Construction, Infrastructure, Automotive, Textile and Leather) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2024."

Browse Press Release: https://www.transparencymarketresearch.com/pressrelease/waterproofing-chemicals-market.htm

The global waterproofing chemicals market has been segmented as follows:

Product

• Bitumen
• TPO
• EPDM
• PVC
• PTFE
• Silicone

Technology

• Sheet Membrane
• Liquid Coated Membrane
• Cementitious Waterproofing
• Others

End Use

• Construction
• Infrastructure
• Automotive
• Textile and Leather
• Others

Region

• North America
• U.S.
• Canada
• Europe
• Germany
• France
• U.K.
• Italy
• Spain
• Rest of Europe
• Asia Pacific
• China
• India
• Japan
• ASEAN
• Rest of Asia Pacific
• Middle East & Africa
• GCC
• Egypt
• South Africa
• Rest of Middle East & Africa
• Latin America
• Brazil
• Mexico
• Rest of Latin America

Browse Chemicals and Materials Market Research Reports

Popular Research Reports by TMR:

• Green Waterproofing Products Market: https://www.transparencymarketresearch.com/green-waterproofing-products-market.html
• Concrete Waterproofing with Crystalline Technology Market: https://www.transparencymarketresearch.com/concrete-waterproofing-with-crystalline-technology-market.html
• Waterproofing Admixture Market: https://www.transparencymarketresearch.com/waterproofing-admixture-market.html
• Waterproofing Membrane Market: https://www.transparencymarketresearch.com/waterproofing-membrane-market.html

About Us

Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.

Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.

Contact
Mr. Rohit Bhisey
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 
Research Blog: http://www.europlat.org/

Logo - https://mma.prnewswire.com/media/664869/Transparency_Market_Research_Logo.jpg