According to a new market report published by Lucintel, the future of the
global waterproofing admixture market looks promising with opportunities in the
residential, commercial, and infrastructure sectors. The global waterproofing
admixture market is expected to reach an estimated $4.4 billion by 2023 and is
forecast to grow at a CAGR of 6.5% from 2018 to 2023. The major drivers for
growth of the waterproofing admixture market are increasing building and
construction activities, renovation of old building structures, and growing awareness on construction
quality.
In this market, the main segments by product type are
crystalline, pore blocking, and others. On the basis of comprehensive research, Lucintel
forecasts that the crystalline segment
is expected to show above average
growth during the forecast period. Crystalline waterproofing admixtures
are hydrophilic in nature, which means they react with the constituents of the
cement matrix to form crystals. Crystalline chemicals facilitate a reaction
creating long and narrow crystals that fill the pores, capillaries, and
hairline cracks of the concrete mass.
By end use sectors, the global waterproofing
admixture market is segmented into residential, commercial, and infrastructure.
The major application areas for waterproofing admixtures are water tanks,
toilet sunken area, roof slabs, basement, swimming pools, dams, canals,
harbors, and tunnels. Residential is expected to remain the largest segment
over the forecast period.
By region, APAC
is expected to remain the largest market and witness the highest growth rate during
the forecast period due to increasing
urbanization and higher expenditures on residential and non-residential development
in China and India.
Emerging
trends, which have a direct impact on the dynamics of the industry, include adoption
of performance sheet membrane, liquid applied PU membrane, and cool green
waterproofing. Sika AG, GCP
Applied Technologies, Wacker Chemie, RPM International, BASF SE, and RPM
International Inc. are among the
major suppliers of waterproofing admixtures.
Lucintel, a
leading global strategic consulting and market research firm, has analyzed
growth opportunities in the global waterproofing
admixture market by product type, end use, and region, and compiled a comprehensive research report entitled
“Global Waterproofing
Admixture Market 2018-2023: Trends, Forecast, and Opportunity Analysis.”
The Lucintel report serves as a catalyst for growth strategy by providing comprehensive
data and analysis on trends, key drivers, and directions. The study includes a
forecast for the global waterproofing admixture market by product type, end use and region as follows:
By Product Type [Value ($ Million) from 2012
to 2023]:
o
Crystalline
o
Pore Blocking
o
Others
By End Use [Value ($ Million) from 2012 to
2023]:
o
Residential
o
Commercial
o
Infrastructure
By Region [Value
($ Million) and Volume (Thousand Tonnes) from 2012 to 2023]:
· North America
− US
− Canada
− Mexico
· Europe
− Germany
− France
− United Kingdom
· Asia Pacific (APAC)
− China
− India
− Japan
· The Rest of the World (ROW)
− Brazil
This
147 page research report will enable you to make confident business decisions
in this globally competitive marketplace. For a detailed table of contents,
contact Lucintel at +1-972-636-5056 or helpdesk@lucintel.com. Lucintel
offerings include Construction
Market Report, Construction
Reports, SWOT Matrix,
Due Diligence and Mergers &
Acquisitions.
About
Lucintel
Lucintel,
the premier global management consulting and market research firm, creates
winning strategies for growth. It offers market assessments, competitive
analysis, opportunity analysis, growth consulting, M&A, and due diligence
services to executives and key decision makers in a variety of industries. For
further information, visit www.lucintel.com.
This report addresses the following key
questions:
Q. 1. What are some of the most promising, high growth
opportunities for the global waterproofing admixture market by product type (crystalline,
pore blocking and others), end use (residential, commercial and infrastructure),
and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q. 2. Which product segments
will grow at a faster pace and why?
Q. 3. Which region will grow at a faster pace
and why?
Q.4. What are the key factors affecting
market dynamics? What are the drivers, challenges, and business risks in this market?
Q.5. What are the business risks and competitive
threats in this market?
Q.6. What are the emerging trends in this
market and the reasons behind them?
Q.7. What are some of the changing demands of
customers in the market?
Q.8. What are the new developments in the
market and which companies are leading these developments?
Q.9. Who are the major players in this
market? What strategic initiatives are being taken by key companies for
business growth?
Q.10. What are some of the competing products
in this market and how big of a threat do they pose for loss of market share by
product substitution?
Q. 11. What M&A activity has occurred in
the last 5 years?
No comments:
Post a Comment