Global Waterproofing Chemicals Market is expected to exceed USD 7 billion by 2022, according to a new study by Grand View Research, Inc. Construction industry growth is anticipated to drive the market growth of waterproofing chemicals. Government of China, India, France and UK have framed numerous policies for clean groundwater and land filling, which is anticipated to increase the application of waterproofing chemicals over the forecast period.
Roofing was the largest application segment, accounting for over 25% of global waterproofing chemicals market revenue in 2014. Rising popularity of roofing membranes to prevent water leakage in residential and commercial structures is expected to fuel waterproofing chemicals market demand in the near future.
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summary of this report @ http://www.grandviewresearch.com/industry-analysis/waterproofing-chemicals-market
Global Waterproofing Chemicals Market, by Application, 2012 - 2022 (Kilo Tons)
Further key findings from the study suggest:
·
Bitumen was the largest product segment,
accounting for over 40% of global market revenue in 2014. Increasing
application of bitumen as roll roofing component in residential and commercial
building structures on account of its unique properties including high
viscosity and stickiness is expected to have a positive impact on market.
·
Gaining popularity of thermoplastic polyolefin
(TPO) on account of being heat reflective and an energy efficient roofing
system is expected to have a positive impact on market growth over the next
seven years.
·
Building structures are anticipated to remain
fastest growing application segment on account of increasing government
expenditure on infrastructure improvement in Brazil, India, China, Mexico and
Saudi Arabia.
·
Asia Pacific was the largest waterproofing
chemicals market, accounting for over 40% of market revenue in 2014. Growing
housing sector in China and India in light of increasing urbanization and
population growth is expected to fuel waterproofing chemicals market over the
forecast period. Government of India announced National Manufacturing Policy in
2011, intended for enhancing the production output in chemicals, automotive,
pharmaceutical and food & beverage industries at domestic level. This
regulatory move is anticipated to increase the penetration of commercial
structures, which is likely to fuel waterproofing chemicals market demand in
the near future.
·
Major waterproofing chemicals manufacturers
include companies such as Conpro Chemicals, Triton Chemicals, Dow Chemical
Company, Pidilite Industries, Bostik and Sika. Expansion of refining capacity in
Middle East is anticipated to ensure raw material access for waterproofing
chemicals manufacturers in the near future.
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more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/specialty-bio-based-and-water-soluble-polymers
For the purpose of this study, Grand View Research has segmented the global waterproofing chemicals market on the basis of product, application and region:
Global Waterproofing Chemicals Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)
·
Polymers
o
PVC
o
TPO
o
EPDM
o
Others
·
Bitumen
o
SBS
o
APP
o
Others
·
Others
Global Waterproofing Chemicals Application Outlook (Volume, Kilo
Tons; Revenue, USD Million, 2012 - 2022)
·
Roofing
·
Walls
·
Building structures
·
Landfills & tunnels
·
Others
Global Waterproofing Chemicals Regional Outlook (Volume, Kilo Tons;
Revenue, USD Million, 2012 - 2022)
·
North America
o
U.S.
·
Europe
o
Germany
o
UK
·
Latin America
o
Brazil
·
Asia Pacific
o
China
o
India
·
MEA
For press release of this report - http://www.grandviewresearch.com/press-release/global-waterproofing-chemicals-market
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