Waterproofing Chemicals Market | Key Players- BASF SE, The DOW Chemical Company, Mapei S.P.A 2028 Forecast
Extrapolate Market Research™ presents this information in its report titled, “Waterproofing Chemicals Market Size, Share & Industry Analysis, 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) and by Region (North America, Europe, Asia-Pacific, Latin America, Middle East and Africa) Analysis and Forecast 2022-2028"
The 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
Get Full Report Details @ https://www.extrapolate.com/Chemicals-and-Advanced-Materials/waterproofing-chemicals-market/25706
Driving Factors:
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Increasing Construction Activities:
- Rising demand for waterproofing solutions in residential and commercial construction.
- Growth in infrastructure development projects globally.
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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.
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Technological Advancements:
- Innovations in waterproofing materials enhancing effectiveness and application methods.
- Development of eco-friendly and sustainable waterproofing solutions.
SEGMENTATION
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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