Waterproofing Chemicals Market Growth, Shares, Opportunities and Forecast to 2020
Deerfield Beach, FL -- (SBWIRE) -- 11/11/2016 -- Waterproofing chemicals are additives that are used to safeguard from leakages. These chemicals are added with other chemical constituents to increase the performance of the finished product. Waterproofing chemicals are added to compounds like cement, mortar, plastics, paints, colors, inks, and detergents. Waterproofing chemicals are exercised in applications like building and construction, polymer processing, paints & coatings, printing inks and among other.
Major driving factor of global waterproofing chemicals market is rapid increase demand from building and construction application segment. Due to the ever increasing population, construction activities are increasing across the globe. This in turn, production of sustainable building materials like waterproofing admixtures, adhesives & sealants and membranes increases. Growing activity of infrastructure development such as bridge and road construction in developing countries is also expected to fuel the demand for waterproofing chemicals. However, fluctuating raw material prices and stringent government policies are major restraint that is expected to limit the growth of the waterproofing chemicals market.
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The market is segmented on the basis of product, application and regions. Polymers, Bitumen and others are major product segments. Whereas, polymers are further bifurcated into PVC, TPO, EPDM and others product category and bitumen is also classified into SBS, APP and others. Based on application, market is segmented as roofing, walls, building structures, landfills & tunnels and others. The market size and forecasts in terms of volume (Kilo Tons) and revenue (USD million) for the period 2015 to 2020, considering 2014 as the base year, have been provided for this segment of the report. The report also provides the compounded annual growth rate (% CAGR) for the forecast period 2015 to 2020.
The report provides a comprehensive view on the waterproofing chemicals we have included a detailed competitive scenario and product portfolio of key vendors. To understand the competitive landscape in the market, an analysis of Porter's Five Forces model for the waterproofing chemicals market has also been included. The study encompasses a market attractiveness analysis, wherein application segments are benchmarked based on their market size, growth rate and general attractiveness.
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Global waterproofing market is segmented regionally as North America, Europe, Asia-Pacific, Latin America and Middle East & Africa with its further bifurcation into major countries including U.S. Germany, France, UK, China, Japan, India and Brazil. Asia Pacific accounted for largest market segment for waterproofing chemicals owing to rapid industrialization and economic growth. North America and Europe are relatively mature markets. Moreover, Latin America is likely to be second-fastest growing market.
Some of the key players of waterproofing chemicals market include Pidilite Industries Ltd, BASF, Polygel Industries, ExxonMobil Chemicals, Dow Chemical Company, E.I. DuPont De Nemours & Co, Mitsubishi Chemical Holdings Company, Toray Industries, Evonik Industries, Eastman Chemical Company, Choksey Chemicals Pvt Ltd, Trinseo Europe GmBH, Estop Group and Kumho Petrochemicals.
This report segments the global waterproofing chemicals market as follows:
Global Waterproofing Chemicals Market: Product Segment Analysis
Global Waterproofing Chemicals Market: Application Segment Analysis
Landfills & tunnels
Global Waterproofing Chemicals Market: Regional Segment Analysis
Middle East & Africa
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