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Research analysis on the global waterproofing chemicals market identifies that the rise in green construction activities will be one of the major factors that will have a positive impact on the market's growth. Technavio's market research analysts predict that this market will grow at a CAGR of almost 6% by 2021. Owing to the increased demand for green construction, the builders, owners, and designers are looking at including environment-friendly waterproofing solutions such as crystalline waterproofing. These are integrated waterproofing solutions that do not include volatile organic compounds (VOCs) and do not seep into the soil. Cool roof technology and green roofs are some of the common green construction activities.
In terms of geographic regions, APAC will be the major revenue contributor to the waterproofing chemicals market throughout the forecast period. The increase in construction and infrastructure development activities due to the rapid industrialization and urbanization are rising the demand for household and commercial buildings in this region. This in turn, will drive the demand for waterproofing sealants in APAC in the coming years.
The waterproofing chemicals market consists of numerous vendors and is fragmented. The growth of the market is dependent on the demand for products such as adhesives and sealants and is witnessing constant technology advancements and innovations with the increased R&D spending by vendors. In addition to the presence of waterproof chemical manufacturers who account for significant shares, the waterproofing compound market also witnesses the emergence of several small companies and startups that are introducing products with innovative features.
The leading vendors in the market are -
The other prominent vendors in the market are a.b.e. Construction Chemicals, Carlisle, Conpro Chemicals, Choksey Chemicals, DRIZORO, Evonik, THE EUCLID CHEMICAL COMPANY, Fosroc, Geoliz Waterproofers, Henkel Polybit, Hindcon, Johns Manville, KÖSTER BAUCHEMIE, Kunal Conchem, Mapei, Sika, and SOPREMA GROUP.
During 2016, the bitumen segment accounted for the major shares of the waterproofing chemicals market. Long durability, water resistance, and long retention capabilities are some of the major properties of bitumen. This, coupled with their advantages such as low maintenance costs and less effect on water resources, will contribute to the growth of this industry segment in the coming years.
According to this market research report, the roofing segment will hold the maximum share of the waterproofing chemicals market until 2021. Increasing investments in real estate and the high demand for optimum energy consumption, green roofs, and flat roofs in buildings, will drive the demand for waterproofing chemicals in roofing applications.
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Any system or material that helps in preventing ingress of water into structures can be broadly termed as a waterproofing material. This upcoming industry research report on the global waterproofing chemicals market analyzes the major trends and emerging drivers that influence the growth of the chemicals and materials industry. Industry experts at Technavio also follow a substantial data collection methodology for the chemicals and materials industry and offer a study of developing market segments like specialty chemicals.
By considering the market size, market share, and statistical models for the specialty chemicals industry, the market research specialists at Technavio present an overall study of the global waterproofing chemicals market for the estimated period of 2017-2021. Moreover, Technavio's market research practices help the clients to develop effective growth strategies and keep up with the constantly changing market landscape. Based on the interpretation of the information gathered from specific resources such as channel partners and stakeholders, this market research report on the global waterproofing chemicals market also offers a comprehensive analysis of the specialty industry.
This upcoming market research report on the global waterproofing chemicals market also covers vendors like Mapei SPA, Soprema Group, Carlisle, Fosroc International, Manville, and Drizoro, Triton Chemicals, Dow Chemical, Pidilite Industries, Bostik, Sika, Henkel, BASF, HB Fuller, and Conpro Chemicals. Furthermore, to offer clients the scope to identify potential market opportunities and expand in niche markets, this report on the global waterproofing chemicals market also covers geographies like the Americas, APAC, Europe, and ROW.
The upcoming industry research report on the global waterproofing chemicals market also categorizes the key drivers, major trends, as well as the restraints that the specialty chemicals sector currently experiences. It also presents insights into the rapidly changing competitive scenario to give clients a realistic picture of the forthcoming events within the chemicals and materials industry. Technavio also provides in-depth market assessments into the sectors such as paints, coatings, and pigments and textile, fiber, and composites.
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by type
PART 07: Market segmentation by application
PART 08: Market segmentation by geography
PART 09: Decision framework
PART 10: Drivers and challenges
PART 11: Market trends
PART 12: Vendor landscape
PART 13: Key vendor analysis
PART 14: Appendix
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