Waterproofing Chemicals Market_PDF
                     Waterproofing Chemicals Market Research Report - Global Forecast 
 till 2024 
 
 
 
  
  
W aterproofing Chemicals  
M arket Research Report - 
Global Forecast till 2024 
P a g e  | 1  Copyright © 2017 Market Research Future.  
Waterproofing Chemicals Market Research Report - Global Forecast 
 till 2024 
 
1  Summary 
 
Waterproofing chemicals are used to prevent damage to the structure caused by water clogging 
and seepage when exposed to extreme weather condition such as heavy rains. It helps to enhance 
the durability and life of an edifice. Waterproofing chemicals are widely used in the construction 
industry either in the form of an emulsion or as a waterproofing membrane. The global 
waterproofing chemicals market is estimated to reach USD 32,915.00 million by 2023 and is 
expected to grow at a CAGR of 9.86% during the forecast period. The prominent factors favoring 
the growth of the market are growing demand for waterproofing chemicals from rapidly increasing 
construction and infrastructural activities in developing countries and growing demand for the 
waterproofing chemicals from roofing and walls application. 
 
Key Players: 
Market Research Future (MRFR) recognizes the following companies as the key players in the 
global waterproofing chemicals market that includes Sika AG (Switzerland), BASF SE (Germany), 
DowDuPont (The U.S.), Wacker Chemie AG (Germany), RPM International Inc. (The U.S.), Pidilite 
Industries Ltd. (India), Mapei S.p.A (Italy), Carlisle Companies Inc. (The U.S.), Fosroc (U.K), Drizoro 
S.A.U. (Spain), Conpro Chemicals Pvt. Ltd (India), and Soprema Inc. (The U.S.), among others. 
 
 
P a g e  | 2  Copyright © 2017 Market Research Future.  
Waterproofing Chemicals Market Research Report - Global Forecast 
 till 2024 
 
2  Market Overview 
 
However, the growth trajectory of the market is likely to be hampered by the cost-sensitive nature 
of the market owing to the fluctuating crude oil prices and price-conscious consumers, especially, 
in developing countries. Nevertheless, in coming years, the scope of the application for the 
waterproofing chemicals is likely to widen with its rising use in landfill and water management 
applications. 
 
Regional Analysis: 
The global waterproofing chemicals market is spanned across Asia Pacific, Europe, North America, 
Latin America, and the Middle East & Africa. As per MRFR analysis, Asia Pacific is likely to dominate 
the global market during the forecast period. In 2016, the region accounted for the largest share of 
the market and is estimated to grow at a CAGR of 10.88%. Asia Pacific market is followed by North 
America, which was accounted for the second largest waterproofing chemicals market in the globe 
as of 2016. The U.S. is dominating the market on account of growing demand from surging 
reconstruction activities in the country. The region is estimated to reach USD 7,201.60 million by 
the end of 2023. Europe is a substantial region in the market, which accounted for 17% share of the 
market as of 2016. Country wise, China is the leading in the global waterproofing chemicals market, 
in terms of value and volume. 
 
 
 
 
 
 
 
P a g e  | 3  Copyright © 2017 Market Research Future.  
Waterproofing Chemicals Market Research Report - Global Forecast 
 till 2024 
 
3  Segmentation 
 
The global waterproofing chemicals market has been segmented on the basis of type, application, 
and region. On the basis of the type, the market has been classified into bitumen, PVC, TPO, and 
EPDM, among others. Other waterproofing chemicals include polyurethane, silicone, polyethylene, 
and acrylic polymer. Among these types, bitumen held the largest share of the market in 2016 and 
is estimated to reach USD 17192.83 million by 2023. This is attributed to easy availability and 
lower price of the bitumen as compared to its counterparts. However, TPO has been estimated to 
grow at the highest CAGR owing to its maximum recyclability and lower environmental impact. 
 
Based on the applications, the global waterproofing chemicals market is segmented into roofing, 
walls, flooring, basement, tunneling, and others. Among these applications, the roofing and walls 
together hold over 50% share of the market due to higher vulnerability of the roof and walls to the 
rainwater. During the years to follow, the roofing application segment is projected to retain its 
dominance and is estimated to grow at the highest CAGR of 11.35% to reach USD 12640.80 million 
by the end of the review period. 
 
  
P a g e  | 4  Copyright © 2017 Market Research Future.  
Waterproofing Chemicals Market Research Report - Global Forecast 
 till 2024 
 
 
 
P a g e  | 5  Copyright © 2017 Market Research Future.