Waterproofing Market Size to Reach Revenues of over $17 Billion by 2025 - Arizton

CHICAGO, Aug. 11, 2020 /PRNewswire/ -- The global waterproofing market is expected to grow at a CAGR of over 7% during the period 2019-2025.


Key Highlights Offered in the Report:

    1. Lowering bank interest rates in majority of the emerging economies in
       Europe is expected uplift residential constructions and create a
       potential market for waterproofing works during forecast period.
    2. Residential constructions in the Middle East stands out, inducing huge
       demand for waterproofing materials between 2020-2025. The US government
       has estimated to invest around $2 trillion, that will undoubtfully
       provide a greater support for the overall growth of infrastructural
       sector in North America.
    3. The rising construction activities Spain, Italy, and other major growing
       countries are supported by lower bank interest rates. Germany has
       remained a major manufacturer in construction and waterproofing
       materials, that is propelling the country to hold top position in
       innovations for construction supplies globally.
    4. Application of waterproofing materials in roofing accounts for highest
       share over the other application of construction areas.
    5. Rapid urbanization and increasing residential construction activities in
       emerging urban cities across all the regions are expected to act as
       potential green spot markets for waterproofing materials.
    6. PVC based waterproof roofing sheets is expected to grow at rapid pace,
       due to its superior properties, its durability, ease of application, and
       flexibility across a wide range of applications.
    7. On average 35% of the total residential and commercial structures are
       suffering minor defects due to wetness and roughly 4.5% of the building
       structures in the US sustaining moderate to heavy damage.

Key Offerings:

    --  Market Size & Forecast by Revenue | 2019-2025
    --  Market Dynamics - Leading trends, growth drivers, restraints, and
        investment opportunities
    --  Market Segmentation - A detailed analysis by product, raw material,
        application, and geography
    --  Competitive Landscape - 5 key vendors and 13 other vendors

Get your sample today! https://www.arizton.com/market-reports/waterproofing-market-size-analysis

Waterproofing Market - Segmentation

    --  The liquid applied membrane (LAM) segment is expected to reach revenues
        of over $18 llion by 2025. LAM is widely preferred among builders across
        the globe due to its easy applicable nature on any surface. The demand
        for LAM is expected to grow significantly during the forecast period on
        account of the rise in new construction and refurbished activities.
    --  The growing preference for PVC-based waterproofing solutions in
        commercial and industrial building constructions across the world is
        influencing the segment. The increasing demand for customized
        applications is likely to increase the demand for PVC materials
        significantly during the period 2020-2025 in several urbanized
    --  The growth in construction activities in urban areas in countries such
        as China, India, Mexico, and Gulf Coastal Countries (GCC) and the
        increase in re-roofing works in developed economies such as the US and
        European countries have increased the application of roofing
        waterproofing works significantly.

Waterproofing Market by Product

    --  Liquid Applied Membrane (LAM)
    --  Sheet-based Membrane

Waterproofing Market by Raw Material

    --  Modified Bitumen
    --  Polyvinyl Chloride (PVC)
    --  Ethylene Propylene Diene Monomer (EPDM)
    --  Others
        --  Ethylene Vinyl Acetate (EVA)
        --  High-Density Polyethylene (HDPE)
        --  Low-Density Polyethylene (LDPE)

Waterproofing Market by Application

    --  Roofing
    --  Underground Constructions
    --  Walls
    --  Others
        --  Floorings
        --  Roads & Bridges
        --  Others

Waterproofing Market - Dynamics

The rising number of smart cities in the APAC region is expected to create substantial business opportunities for smart water management system providers, along with several waterproofing subcontractors, during the forecast period. Singapore and India are planning to invest more than $1.2 billion by the end of 2025 as an initiative towards their smart city projects. Such a smart city initiative in the APAC region is expected to provide a huge scope for the adoption of advanced metering infrastructures, with increasing demand for its related construction works during the forecast period.

Key Drivers and Trends fueling Market Growth:

    --  Lower Bank Rates in Developing Countries
    --  Construction Opportunities in Developing Nations
    --  Efficient & Cost-Effective Waterproofing
    --  Increasing Public Infrastructure Projects

Waterproofing Market - Geography

The consumption of waterproofing materials in APAC is expected to increase at a steady pace during the forecast period. Industrialization and growing rates of infrastructural development projects, predominantly in China and India, are key drivers to the growth in waterproofing works in residential and commercial constructions. In addition, the market growth of waterproofing materials in the APAC region is expected to be propelled by urbanization.

Get your sample today! https://www.arizton.com/market-reports/waterproofing-market-size-analysis

Waterproofing Market by Geography

    --  North America
        --  US
        --  Canada
    --  Europe
        --  UK
        --  Germany
        --  France
        --  Italy
        --  Spain
    --  APAC
        --  China
        --  Japan
        --  South Korea
        --  Australia
        --  India
    --  Latin America
        --  Brazil
        --  Mexico
        --  Argentina
        --  Colombia
    --  Middle East & Africa
        --  Turkey
        --  Saudi Arabia
        --  South Africa
        --  UAE

Prominent Vendors

    --  Construction Materials
    --  Firestone Building Products
    --  Soprema Groups
    --  Sika AG
    --  GAF

Other Prominent Vendors

    --  Chryso
    --  Copernit
    --  Derbigum
    --  Parex
    --  Asia Mortar
    --  EP Borneo
    --  Tremco
    --  Maris Polymers
    --  KCC
    --  Kemper System
    --  Covestro
    --  Alchimica
    --  Isomat

Explore our chemicals & materials profile to know more about the industry.

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About Arizton:

Arizton Advisory and Intelligence is an innovation and quality-driven firm, which offers cutting-edge research solutions to clients across the world. We excel in providing comprehensive market intelligence reports and advisory and consulting services.

We offer comprehensive market research reports on industries such as consumer goods & retail technology, automotive and mobility, smart tech, healthcare, and life sciences, industrial machinery, chemicals and materials, IT and media, logistics and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts.

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SOURCE Arizton Advisory & Intelligence