Global Waterproofing Chemicals Market Research Report 2017Posted by Bharat Book on March 8th, 2018 Bharat Book Bureau Provides the Trending Market Research Report on Global Waterproofing Chemicals Market Opportunity Analysis And Industry Forecast 2017- 2023 under Industry & Mfg category. The report provides information on industry overview, market size, latest developments, industry trends, Key players, global presence, and their future prospects. Waterproofing Chemicals are referred to as a group of specific synthetic or natural chemical products. Their primary use is to protect the structure from the damage caused by moisture or water. The penetration or percolation of water or moisture can cause severe physical damage to the structure. It can also shorten the life and reduce the durability of the building, which is most likely to cause accidental damage to the edifice. Waterproofing chemicals prevent damage to the electrical, metal, and other integral parts of the building. These chemicals help the structure to retain its integrity and longevity. The product confers numerous beneficial properties, for instance, increasing the life of concrete, wood and decorative paint and coatings. Economically the waterproofing chemicals help to reduce the maintenance cost of the building and offer more efficient and sustainable solution to the problem of leakage. The global waterproofing chemicals market is projected to expand at a robust CAGR of 9.86% , and is estimated to reach USD 32,915.00 million by the end of 2023. The major factors responsible for healthy growth trajectory of the market are, rapidly increasing demand for the waterproofing chemicals from steadily growing construction activities (especially in developing countries), growing demand from roofing and walls application, the cost-efficiency of the product in longer run and expanding scope of applications in the emerging applications such as landfill and water resource management. However, the sole factor likely to hamper growth of the market during the forecast period is a cost sensitive nature of the market, mainly due to the volatility in the prices of crude oil and price-conscious consumers, especially in emerging economies. Request a free sample copy of Waterproofing Chemicals Market Report @ Nevertheless, there is a great opportunity for emerging applications such as the landfill and water management sectors. This is anticipated to further boost the growth of the global waterproofing chemicals in the near future. Global Waterproofing Chemicals Market Share, by Application, 2016 (%) Based on geo-economic scenario, the global waterproofing chemicals market is spanned across the five major regions, namely Asia Pacific, North America, Europe, the Middle East & Africa and Latin America. Among these regions, Asia Pacific accounted for the major share of the market, as of 2016. This region is growing at the highest CAGR of 10.88%, among other regions, during the period under consideration. The primary factor favoring the dominance of Asia Pacific is the rapid urbanization and industrialization occurring in the emerging economies in this region such as India, China, South Korea, and Malaysia. Following Asia Pacific, North America held the second largest share of market, in 2016. This region is projected to be pegged at USD 7,201.60 million by the end of 2023. In this region, the U.S held the largest share of the market in North America and expected to remain dominant throughout the forecast period owing to greater penetration of end-use industries in the country. Europe is another significant region in the global waterproofing chemicals market. This region registered to account for a sizeable 17% share of the market, in 2016. In Europe, Germany is the largest contributor to the regional market owing to the increasing demand from the roofing and basement applications. The Latin America and the Middle East & Africa is estimated to grow at healthy rate during the review period. Segmentation By application, the market is divided into roofing, walls, flooring, basement, tunneling, and others. Geographically, the global waterproofing chemicals market is segmented into North America, Asia Pacific, Europe, the Middle East & Africa, and Latin America. Key Players Key Findings Geographic Analysis The report covers brief analysis of geographical region includes World • Europe • North America • Middle East & Africa • Latin America Intended Audience Browse our full report with Table of Contents : About Bharat Book Bureau: Contact us at: Follow us on : Twitter, Facebook, LinkedIn, Google Plus Like it? Share it!More by this author |