Rise in infrastructure requirements in developing economies, improving construction industry, and increased urbanization are the major key drivers of water admixture market.

Portland, OR -- (SBWire) -- 08/17/2017 --Waterproofing Admixture is a porous material generally used as a construction material for reducing water permeability. These admixtures reduce water permeability by different ways, which include reduction in the size of capillary pores, their numbers, and continuity inside the concrete structure or by blocking the capillary pores of concrete, or it may line the capillary pores with hydrophobic materials. Waterproofing admixture finds its use in wide range of applications such as building & construction, public infrastructure, and commercial space among others.

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Rise in infrastructure requirements in developing economies, improving construction industry, and increased urbanization are the major key drivers of water admixture market. Low maintenance cost and increased floor durability also fuel the market growth globally. However, there are several restraints across different regions such as mature infrastructure, logistic issues, low cement production, and low investments in infrastructure sector.

The report segments the waterproofing admixture market on the basis of type, application, and geography. Based on type, market is segmented into crystalline, pore blocking, and others. On the basis of application, the market is divided into building & construction, public infrastructure, and commercial space. Geographic breakdown and deep analysis of each of the aforesaid segments is included for North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific holds the largest share in waterproofing admixture market in terms of both value and volume in the year 2015.

New product development and technological advancement in construction industry are the major opportunities for the market growth. In July 2016, BASF launched a new capillary waterproofing admixture product namely MasterLife 300D. This product is designed for use in above- and below-grade concrete applications. In July 2016, Sika expanded the production capacity of concrete admixtures by opening a new production plant in Bibra Lake near Perth in Western Australia.

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Comprehensive competitive analysis and profiles of major market players such as BASF SE, SIKA AG, W.R. Grace & Co., Wacker Chemie AG, DOW Corning Corporation, RPM International Inc., Pidilite Industries, Evonik Industries, Fosroc International Ltd, Mapei S.P.A., Xypex Chemical Corporation are also provided in this report.