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Waterproofing Admixtures Market Trends

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

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Waterproofing Admixtures Market Trends

The waterproofing admixtures industry is witnessing a transformation, driven by several prominent trends. A primary trend is the heightened emphasis on sustainable and eco-friendly construction practices. As a result, builders and contractors are increasingly turning to green building materials, including environmentally friendly waterproofing admixtures. Furthermore, manufacturers are innovating admixture formulations, creating products that deliver superior performance at reduced dosages, leading to decreased material costs. There's also a rising demand for multi-functional admixtures that combine benefits like enhanced durability, strength, and environmental resistance in one product. These trends underscore a movement towards advanced and versatile waterproofing solutions, aligning with the construction industry's growing priorities of sustainability and efficiency.

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.