The latest report, titled ‘Global Waterproofing Systems Market,’ comprises a profound analysis of the fundamental parameters contributing to the global Waterproofing Systems Market scenarios. The research report provides the reader with an in-depth interpretation of the Waterproofing Systems Market dynamics, including the crucial drivers, opportunities, threats, and challenges.
The global waterproofing systems market is expected to reach a value of USD 82.29 Billion by 2027, according to current analysis by Emergen Research. Growth of the market can be attributed to increasing utilization of waterproofing systems to increase the life and durability of structures. Adoption of waterproofing systems has been increasing significantly to safeguard buildings in flood-prone areas.
The increasing need to prevent mold and mildew from getting into walls and floorspaces of buildings and structures is driving demand for deployment of waterproofing systems across commercial sectors. Moreover, deployment of waterproofing systems reduces building maintenance costs and helps to maintain property value.
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Key Highlights of Report
- The commercial segment revenue is expected to expand at a rapid CAGR of 6.9% during the forecast period. Adoption of high performance and cost-effective waterproofing membranes, in commercial buildings in increasing, and in turn driving revenue growth of this segment.
- The waterproofing membranes segment accounted for largest revenue share in the waterproofing systems market in 2019. The high performance and elasticity of waterproofing membranes help in the prevention of cracks, and as a result of these benefits, adoption of waterproofing membranes across the commercial sector has been increasing rapidly in the recent past.
- Asia Pacific market accounted for largest revenue share contribution to the global waterproofing systems market in 2019. Rapid urbanization and growth of the construction sector in developing economies in the region are factors expected to continue to drive demand for waterproofing systems.
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Leading Companies of the Waterproofing Systems Industry and Profiled in the Report are:
BASF SE, Fosroc, SIKA AG, Soprema Inc., GCP Applied Technologies, Mapei S.p.A., Carlisle Construction Materials LLC, Tremco, Pidilite Industries, and Bostik.
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Segmentation of the Report
Emergen Research has segmented the global waterproofing systems market on the basis of application, end-use, type, and region:
Application Segment Outlook (Revenue, USD Billion; 2017–2027)
- Roofing & walls
- Waste & water management
- Building Structures
End-use Segment Outlook (Revenue, USD Billion; 2020–2027)
- Industrial infrastructure development
Type Segment Outlook (Revenue, USD Billion; 2020–2027)
- Waterproofing chemicals
- Waterproofing membranes
- Integral systems
Regional Outlook (Revenue, USD Billion; 2020–2027)
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of APAC
- Latin America
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- Rest of MEA
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