Waterproofing Systems Market worth $72.0 billion by 2025 - Exclusive Report by MarketsandMarkets™
CHICAGO, Sept. 18, 2020 /PRNewswire/ -- According to the new market research report "Waterproofing Systems Market by Type (Waterproofing membranes, Waterproofing Chemicals, and Integral Systems), Application (Building Structure, Roofing & Walls, Roadways, Waste & Water Management), and Region - Global Forecast to 2025", published by MarketsandMarkets™, the global Waterproofing Systems Market size is estimated at USD 52.7 billion in 2020 and is projected to reach USD 72.0 billion by 2025, at a CAGR of 6.4%.
Download PDF Download: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=174057630
Browse in-depth TOC on "Waterproofing Systems Market"
67 -Tables
38 - Figures
155 - Pages
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/waterproofing-systems-market-174057630.html
The demand for waterproofing systems in emerging economies, such as APAC, MEA, and South America, is increasing owing to the growth in the construction industry. The fluctuation in raw material prices is challenging the Waterproofing Systems Market. The demand for waterproofing systems is rising, owing to the growing demand for cost-effective and efficient waterproofing materials. This increase in demand for environment-friendly waterproofing systems and the construction of green buildings provide growth opportunities to the market. On the other hand, the potential health and environmental issues are the major restrain for the market.
Based on the application, the building structure segment is estimated to lead the overall Waterproofing Systems Market in 2020.
Waterproofing of building structures provide effective and long-term protection form these exposures and ensure efficient protection of building structures. Building structures are areas excluding roofs and walls such as balconies, basements, foundations, retaining walls, storage rooms, belowground constructions, and others. Growth in demand for residential and commercial construction in emerging economies such as China, India, Indonesia, Chile, Nigeria, and others is driving the consumption of waterproofing systems in building structures.
Based on type, the waterproofing membranes segment is projected to lead the overall Waterproofing Systems Market during the forecast period.
Waterproofing membranes are materials that are used to prevent water ingress in any building structure. These are available in sheet form of liquid applied. These systems are easy to handle, easy to apply, highly efficient, flexible, and provide improved strength, tear resistance, weathering resistance, UV stability, and elasticity to the applied surface. They are used for applications, such as roofing & walls, building structures, waste & water management activities, tunnel liners, bridges & highways, and others.
Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=174057630
Based on region, APAC is estimated to lead the Waterproofing Systems Market in 2020.
APAC is projected to be the fastest-growing market for waterproofing systems. The rising population, increased demand for residential buildings, rapid industrialization, and increased urbanization are driving the APAC Waterproofing Systems Market. China is the largest market for waterproofing systems in the region. China is also a major producer and consumer of waterproofing systems in the region as it has a huge manufacturing base. Apart from China, India, and South Korea are projected to grow at a decent rate during the forecast period.
The key players in the Waterproofing Systems Market include Sika AG (Switzerland), BASF SE (Germany), Soprema (France), GCP applied technologies (US), Fosroc (UK), Mapei S.P.A (Italy), Carlisle Construction Company (US), Tremco (US), Pidilite Industries (India), and Henkel Polybit (UAE). These players have established a strong foothold in the market by adopting strategies, such as expansions, mergers & acquisitions, agreements & partnerships, and new product launches.
Browse Adjacent Markets: Specialty Chemicals Market Research Reports & Consulting
Related Reports:
Waterproofing Membranes Market by Raw Material Type (Modified Bitumen, PVC, EPDM, TPO), Type (Liquid Applied, Sheet Based), Application (Roofing & Walls, Building Structures, Waste & Water Management) - Global Forecasts to 2022
https://www.marketsandmarkets.com/Market-Reports/waterproofing-membranes-market-18007571.html
Liquid Applied Membrane Market by Type (Bituminous, Elastomeric, Cementitious), application (Roofing, Underground Construction, Walls), End-Use Industry (Residential, Commercial, Public Infrastructure) - Global Forecast to 2021
https://www.marketsandmarkets.com/Market-Reports/liquid-applied-membranes-market-175737886.html
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, and strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets' flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Roads
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: [email protected]
Visit Our Website: https://www.marketsandmarkets.com/
ResearchInsight:https://www.marketsandmarkets.com/ResearchInsight/waterproofing-systems-market.asp
Source content: https://www.marketsandmarkets.com/PressReleases/waterproofing-systems.asp
SOURCE MarketsandMarkets
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article