Waterproofing is a method used to make structures water resistant that functions as a barrier and protects the objects from further damage. Waterproofing chemicals are the synthetic compounds used in this process.
According to the research report, ‘Waterproofing Chemicals Market: Segmented By Product (Bitumen, Elastomers, PVC, TPO, EPDM); By System/Technology (Preformed Membrane, Coatings & LAMs, Integral Systems); By Application (Roofing & walls, Floors & basements, Waste & water management, Tunnel liners, Others) and Region – Global Analysis of Market Size, Share & Trends for 2019–2020 and Forecasts to 2030’, states that Pidilite Industries Ltd, BASS, 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, and Estop Group are some of the key competitors operating in the Waterproofing Chemicals industry. The report provides a complete framework throughwhich each company listed above is studiedwhich is based on fundamental parameters like a company overview, its performance, production capacity, key business offerings, revenue, key business strategy, financial performance, cost-benefit analysis, recent developments, regional presence, and SWOT analysis. This report also reviews how far along the player stands in the competition with the products they offer.
As mentionedearlier, the Waterproofing Chemicals industry is classified into different segments. Within the category of application, the roofs and walls segment is dominating the global market and is estimated to witness a similar trend during the forecast period. Under the market segmented by product, the Thermoplastic Polyolefin (TPO) sector generates the maximum revenue because of characteristics like moisture and flame resistance, flexibility, durability, water repellants, and others thus boosting the demand for waterproofing chemicals. The report presents an inclusive analysis of the market type by region focusing on its sales, sales volume & revenue forecast. The waterproofing market is regionally divided into five major sections that include – North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The statistics presented in the report identify the Asia pacific region as the largest market for waterproofing chemicals. Each region is further segmented into sub-regions and is studied thereafter.
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Furthermore, the report also provides market trends for the waterproofing chemicals market both in the present as well as in the future (2020-2030). The research report gives an insightful analysis of various dimensions such as the dynamics of the market both globally and region-wise, analysis of historical and future data, technology development, strategies adopted by the above-named companies, and study of the market size both in terms of value and volume based on demand and supply, market growth drivers, restraints, regional and industry wise investment opportunities and much more.
In the forthcoming years, the global waterproofing chemicals industry will continue to increase and is anticipated to grow at a significant value in terms of revenue in USD million by the end of the year 2030 at a double-digit CAGR during the evaluation period (2020-2030). This is because of rising awareness about waterproofing chemicals and their increasing usage in different sectors.
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Ankur Gupta, Head Marketing & Communications