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Waterproofing Chemicals Market Demand And Opportunities

A new report published by Persistence Market Research titled ‘Waterproofing Chemicals Market: Global Industry Analysis 2012-2016 and Forecast 2017-2026’ 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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The chemicals and materials vertical would be witnessing an eco-friendly transformation in the upcoming period. Plastic waste recycling would be one amongst these green initiatives. This would also be an era of materials informatics, i.e. machine learning would be employed to the materials’ development, which would, apart from improving on the cost of R&D, also provide better agility.

Synthetic biology would be another trend ruling the roost, as it would facilitate more flexible distribution of the chemicals and also help in exploration of novel markets, that too, at lower costs. Persistence Market Research is into tabling of these details of the chemicals and materials vertical through its team of riveting analysts and consultants

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.

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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.

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.

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