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Global Market Study on Waterproofing Chemicals:
Construction End Use Segment Anticipated to be the
Most Lucrative During 2017 - 2026
Waterproofing chemicals are largely used in the construction sector and a
steady growth in this sector has boosted the growth prospects of the global
waterproofing chemicals market. Waterproofing chemicals are mainly used in
protecting buildings from leakage and seepage that is caused to due to the
ingress of water and moisture. As the pace of industrialization and urbanization
is increasing the world over, there is a boost to the construction sector as well,
thereby contributing to the positive growth of the global waterproofing
chemicals market. Moreover, a rise in the labor wages and cost of raw materials
is also acting positively on the global waterproofing chemicals market. On the
other hand, as infrastructure building activities are rising rapidly in the world,
the construction of tunnels, bridges, roads, etc. is also increasing. This is also
likely to positively impact the global waterproofing chemicals market.
A new report published by Persistence Market Research titled ‘Waterproofing
Chemicals Market: Global Industry Analysis 2012-2016 and Forecast 20172026’ studies the performance of the global waterproofing chemicals market
over a nine year assessment period starting from the year 2017 and ending in
the year 2026. The report presents the value forecast of the global
waterproofing chemicals market and provides key insights into the different
factors driving market growth as well as the factors restricting market growth.
The report on global waterproofing chemicals market also provides insights on
the various opportunities and trends that are shaping up this market. As per the
projections presented by Persistence Market Research, the global waterproofing
chemicals market was estimated to be valued at nearly US$ 9,000 Mn at the end
of the year 2017 and is expected to reach a value of nearly US$ 13,200 Mn by
2026, exhibiting a CAGR of 4.3% during the period of assessment.
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https://www.persistencemarketresearch.com/market-research/waterproofingchemicals-market.asp
PTFE Sub-segment is the Largest Product Type by Value
The PTFE sub-segment in the product type category of the global
waterproofing chemicals market is the largest segment by value and is slated to
display a CAGR of 4.4% during the period of forecast. The PTFE segment is
projected to reach a market worth of nearly US$ 3,600 Mn at the end of the
period of forecast in the year 2026.
Construction End Use Segment to Lead in Terms of Value
The construction sub-segment in the end use industry category of the global
waterproofing chemicals market is anticipated to display a CAGR of 4.2%
during the period of forecast. The construction sub-segment was estimated to be
valued at nearly US$ 3,400 Mn in the year 2017.
Liquid Sub-segment by Technology Poised to Exhibit the Fastest Growth
Rate During the Forecast Period
The liquid sub-segment in the technology category of the global waterproofing
chemicals market is slated to exhibit the fastest CAGR of 5.1% during the
period of forecast. This segment is estimated to reach a market valuation of
nearly US$ 2,100 Mn by the end of the year 2026.
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APEJ to Remain Dominant Regional Market for Waterproofing Chemicals
The APEJ region is the dominant region in the global waterproofing chemicals
market and is anticipated to display a CAGR of 4.7% during the period of
forecast. The APEJ region is likely to reach a value of nearly US$ 4,500 Mn by
the end of the assessment period in the year 2026.
Global Waterproofing Chemicals Market: Competition Tracking
In the competition landscape section of the global waterproofing chemicals
market report, the important players functioning in this market have been
profiled. Some of the key companies that have been featured in this report
include Pidilite Industries Limited, W.R. Grace and Company, DowDuPont Inc.,
BASF SE, H.B. Fuller, Wacker Chemie AG, RPM International, Evonik
Industries AG, Akzo Nobel NV and Sika AG.
Download and View Report TOC, Figures and Tables @
https://www.persistencemarketresearch.com/market-research/waterproofingchemicals-market/toc
About Us
Persistence Market Research (PMR) is a third-platform research firm. Our
research model is a unique collaboration of data analytics and market research
methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a
multi-disciplinary approach. At PMR, we unite various data streams from multidimensional sources. By deploying real-time data collection, big data, and
customer experience analytics, we deliver business intelligence for
organizations of all sizes.
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