Waterproofing Chemicals Market was valued at USD 30.8 billion in 2021 and is expected to reach USD 79.3 billion by 2028, growing at a CAGR of 7.5%. Waterproofing is a process that protects products and properties from water damage while also serving as a barrier against chemicals and corrosion. These chemicals consist of a mix of various compounds designed to enhance a product's leak resistance and durability.

Global Key Players:

BASF SE, The DOW Chemical Company, Mapei S.P.A, Carlisle Companies Inc, Soprema Group, Pidilite Industries Limited, Fosroc International Limited, Johns Manville, Drizoro S.A.U., SIKA AG, W. L. Gore & Associates GmbH, Others

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Driving Factors:

Increasing Construction Activities:

Rising demand for waterproofing solutions in residential and commercial construction.

Growth in infrastructure development projects globally.

Rising Awareness of Water Damage:

Increased awareness of the long-term effects of water damage on structures.

Importance of protective measures to ensure longevity and durability.

Technological Advancements:

Innovations in waterproofing materials enhancing effectiveness and application methods.

Development of eco-friendly and sustainable waterproofing solutions.

 SEGMENTATION

By Type:

• Bitumen
• Elastomers
• EPDM
• Polymer
• Others

By Technology:

• Preformed Membranes
• Coatings & LAMS
• Integral Systems

By Application:

• Roofing & Walls
• Floors & Basements
• Waste & Water Management
• Tunnels
• Others

Conclusion

The waterproofing chemicals market is poised for robust growth in the coming years, driven by the need for enhanced protection against water damage in various applications. With technological advancements and increasing awareness of waterproofing benefits, stakeholders in the industry should be prepared to capitalize on emerging opportunities.

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