Waterproofing Chemicals Market Value Expected up to 30.88 Billion USD by 2021

The report "Waterproofing Chemicals Market by Chemistry (Bitumen, Elastomers, PVC, TPO, EPDM), System/Technology (Preformed Membranes, Coatings & LAMs, Integral System), Application (Roofing & Walls, Floors & Basements, Waste & Water Management, Tunnel Liners) and Geography - Forecast to 2021", The market size of waterproofing chemicals is estimated to grow from USD 17.43 Billion in 2016 to USD 30.88 Billion, by 2021, at a CAGR of 12.1%. The market is driven by the rising building & construction industry, improved quality of construction and cost effectiveness of waterproofing chemicals.

Browse 129 market data Tables and 64 Figures spread through 197 Pages and in-depth TOC on "Waterproofing Chemicals Market - Forecast to 2021"
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Roofing & walls The largest application market for waterproofing chemicals

The roofing & walls segment dominated the waterproofing chemicals market with the maximum share in 2015. Waterproofing chemicals have been successfully employed for many years in the commercial & residential construction industry for applications such as roofing & walls and floors & basements. With the growing construction industry in the developing economies, the market of waterproofing chemicals is further expected to rise in in the forecast period.

Bitumen The largest type market of  waterproofing chemicals

Bitumen is the most common type of waterproofing chemical used, globally. It is extensively used in preformed membranes and coatings & LAMs as bitumen waterproofing membrane. Bituminous membranes and coatings offer exceptional waterproofing properties, and incorporates high toughness, good traffic resistance, excellent high-resistance properties, and excellent resistance to UV light. Increased government investments on commercial building & construction projects are driving the demand for  waterproofing system/technology, which  drives the demand for bitumen, globally.

Asia-Pacific The largest market of  waterproofing chemicals

Asia-Pacific which includes China, India, Japan, and, Australia has always been a strong market of  waterproofing chemicals and, globally, this market has been a leader for waterproofing chemicals with respect to demand as well as consumption. In Asia-Pacific, the growth of construction activities, especially, in China is an important indicator of  the demand for waterproofing chemicals.  China is the  largest construction market having  firm government support and an obligation to increase its sustainable construction and urbanization, which results in  increased demand for waterproofing chemicals.

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