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Global Waterproofing Chemicals Market 2016-2020

  • Author:dongsheng-amber
  • Release on :2016-07-22

Global Waterproofing Chemicals Market 2016-2020

Waterproofing chemicals are used to resist water from entering and damaging buildings and related structures, especially during monsoon or in wet environments. Penetration of water can cause electrical and other hazards in buildings. This factor drives the use of waterproofing chemicals worldwide. Polyurethane, polysulphide, and other acrylic polymers are among the popular waterproofing chemicals used in the market. They are available in different forms, such as liquid and solid forms.

Technavio's analysts forecast the global water proofing chemicals market to grow at a CAGR of 5.93% during the period 2016-2020.

Covered in the Report 

The report covers the present scenario and the growth prospects of the global waterproofing chemicals market for 2016-2020. To calculate the market size, the report considers the revenue generated through the use of water proofing chemicals in various applications. Some of the major chemicals that are taken into consideration while arriving at the market size include SBS, APP, PVC, TPO, EPDM etc.

TPO waterproofing membranes are the fastest-growing commercial roofing membranes and have gained wide acceptance in different industries for their performance, and installation advantages at competitive cost. Some other benefits of TPO includes its eco-friendly chemistry, recyclability, durability, flexibility, low installation cost, less labor requirement, and exception heat resistant properties suitable for energy-efficient roofing systems. The roofing & walls application of waterproofing membranes has a wide scope for its expansion, which in turn would help in increasing the consumption for waterproofing membranes globally. Roofing & walls is the biggest waterproofing membrane application and is projected to be worth USD 13.02 Billion by 2020

"Asia-Pacific: The Biggest Market of Waterproofing Membranes"

The Asia-Pacific region is the world's largest market of waterproofing membranes with a share of 40.1% in terms of volume in 2015. China is the key consumer of Waterproofing Membranes Market in Asia-Pacific. Rising roofing, waste, and water management industries are driving the market in the region. Various merger & acquisitions, product launches, developments, and expansions in different industries have in turn made the region a potential growth market for waterproofing membranes.

"Asia-Pacific: The Biggest Market of Waterproofing Membranes"