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Waterproofing Admixtures Market Analysis

  • Report ID: GMI11152
  • Published Date: Aug 2024
  • Report Format: PDF

Waterproofing Admixtures Market Analysis

Based on type, the market is segmented into pore blocking agent, crystalline admixture and densifier. Crystalline admixture held the dominant market share of USD 2.7 billion in 2023 and are expected to grow significantly with CAGR of 8.4% till 2032. Crystalline admixtures lead the market because they are very effective and can heal themselves. When these admixtures mix with water and unhydrated cement particles, they form crystals that block water pathways in the concrete. This protection lasts a long time, which is very useful for structures like basements, tunnels, and water treatment plants that face constant moisture or water pressure. Crystalline admixtures offer permanent waterproofing solutions, even after cracks appear. This reliability and long-term performance make crystalline admixtures the top choice for large-scale and important infrastructure projects worldwide.
 

Waterproofing Admixtures Market Revenue Share, By Application, (2023)

Based on application, the waterproofing admixtures market is segmented into residential, commercial, infrastructure and industrial. Residential accounted for major market share in 2023 is projected to grow through 2032 at a CAGR of 7.1%. This dominance is fueled by the rising demand for durable, moisture-resistant materials in housing construction. As urbanization accelerates and housing demands grow, there's heightened emphasis on the longevity and quality of residential buildings. This is especially true in regions vulnerable to high moisture, heavy rainfall, or flooding. Homeowners and builders are prioritizing waterproofing measures to avert water damage, mold growth, and structural deterioration, all of which can result in expensive repairs. This prevalent adoption in residential construction solidifies the sector's position as the foremost contributor to the market's expansion.
 

Asia Pacific Waterproofing Admixtures Market Size, 2021 - 2032 (USD Billion)

Rapid urbanization, infrastructure development, and a construction boom in nations such as China and India propel the Asia Pacific region to the forefront of the global waterproofing admixture market. The region's robust growth in waterproofing admixtures is further bolstered by rising demands for premium, durable materials in residential and commercial construction, alongside supportive government initiatives for infrastructure projects.
 

Authors: Kiran Pulidindi, Manish Verma

Frequently Asked Questions (FAQ) :

Market size for waterproofing admixtures was USD 6.2 billion in 2023 and will grow at a 7.8% CAGR between 2024 and 2032, fueled by increasing construction activities and a growing emphasis on infrastructure durability.

Waterproofing admixtures industry from the crystalline admixture segment captured USD 2.7 billion in 2023, propelled by its superior performance in enhancing concrete durability.

Asia Pacific industry recorded USD 2.2 billion in 2023, owing to rapid urbanization, infrastructure development, and increasing construction activities in the region.

Key players operating in the industry are Alchemco, BASF SE, Dow Inc, Evonik AG, Fosroc Inc., Kryton International Inc., Mapei S.p.A, Penetron, RPM International Inc, Sika AG, Wacker Chemie AG, and Xypex Chemical Corporation, among others.

Waterproofing Admixtures Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 12
  • Tables & Figures: 240
  • Countries covered: 18
  • Pages: 150
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