Waterproofing Products Market to reach USD 53.23 Bn by 2029, emerging at a CAGR of 5.19 percent and forecast (2023-2029)
Pune 27, April 2023: The total global market for the “Waterproofing Products Market” was valued at USD 37.34 Bn in 2022 and is expected to grow at a CAGR of 5.19 percent over the forecast period to reach USD 53.23 Bn by 2029. The report analyzed by Maximize Market Research, on the Waterproofing Products market, covers an extensive regional analysis and competitive landscape.
Waterproofing Products Market Report Scope and Research Methodology
The Waterproofing Products Market report includes current trends and market highlights, assisting clients in exploring opportunities and developing market strategies. Key Waterproofing Products market participants and new entrants’ services, revenue, financial status, portfolio, growth strategies, and regional presence are all investigated. The report contains a bottom-up approach to understanding estimations of the Waterproofing Products market which are validated by various segments. The report involves the drivers, challenges, major restraints to the market, and opportunities prevailing for the Waterproofing Products Market.
Regional analysis of the Waterproofing Products at a global, regional, and country level. Growth models and strategies used by key players are based on the competitive landscape. This provides a thorough analysis for understanding the dominant market share and penetration in the market.
The report includes the methods of qualitative and quantitative research using SWOT, PESTLE, and Porter’s Five Force analysis tools. It also includes both primary and secondary data sources. Thus the report serves as a guide for investors, stakeholders, and market followers of the Waterproofing Products market.
Waterproofing Products Market Dynamics
Waterproofing Products are used for the protection of buildings from water damage caused by rain, snow and other forms of moisture. With the increasing construction industry, more structures and buildings are built, which increases the demand for waterproofing products. As a result, the growing construction industry fuels the Waterproofing Products Market demand.
The market is driven by the advancement in waterproof technology, increasing demand for environmentally friendly waterproofing products, increasing demand from the roofing and wall applications, several infrastructure developments including industrial and residential buildings and increasing demand for private as well as public sectors including power stations, roads, railways, airports, bridges and others. The innovation of the new product strategies by the key players is the expected upcoming lucrative opportunity for the growth of the market, over the forecast period.
The market growth is restrained by the high costs of Waterproofing Products and lack of the skilled professionals for the installation.
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Waterproofing Products Market Regional Insights
During the forecast period, North America is expected to dominate the Waterproofing Products Market. The regional market is driven by the increasing demand from the construction industry, rising infrastructure projects, stringent regulations associated with building codes and energy conservation and an increase in the government investment in the on the infrastructure projects.
The Middle East and Africa are expected to have significant growth in the Waterproofing Products Market. The increasing investments in infrastructure development especially in the Gulf countries, increase the need for the protection of buildings from water damage, raising the number of construction activities and increasing demand for residential and commercial infrastructure are the influencing factors for the growth of the regional market.
Waterproofing Products Market Segmentation
By Type
- Membranes
- Coatings
- Sealants
- Others
By Application
- Roofing and walls
- Floors and Basements
- Water and Waste Management
- Tunnel Liners
- Bridges and Highways
- Others
Waterproofing Products Market Key Competitors include:
- BASF SE
- Sika AG
- The Dow Chemical Company
- Pidilite Industries Limited
- RPM International Inc.
- Carlisle Companies Inc.
- Fosroc International Ltd.
- Mapei S.p.A.
- Johns Manville
- GAF Materials Corporation
- GCP Applied Technologies Inc.
- Fyfe Asia Pte Ltd.
- Kryton International Inc.
- Henkel AG & Co. KGaA
- Tremco Inc.
Table of Content for Global Waterproofing Products Market:
- Global Waterproofing Products Market: Research Methodology
- Global Waterproofing Products Market: Executive Summary
- Market Overview and Definitions
- Introduction to Global Market
- Summary
- Key Findings
- Recommendations for Investors
- Recommendations for Market Leaders
- Recommendations for New Market Entry
- Global Waterproofing Products Market: Competitive Analysis
- MMR Competition Matrix
- Market Structure by Region
- Competitive Benchmarking of Key Players
- Consolidation in the Market
- M&A by region
- Key Developments by Companies
- Market Drivers
- Market Restraints
- Market Opportunities
- Market Challenges
- Market Dynamics
- PORTERS Five Forces Analysis
- PESTLE
- Regulatory Landscape by region
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South America
- COVID-19 Impact
- Global Waterproofing Products Market Segmentation(2022-2029)
- Global Market, by Type (2022-2029)
- Global Market, by Application (2022-2029)
- Regional Waterproofing Products Market (2022-2029)
- Regional Market, by Type (2022-2029)
- Regional Market, by Application (2022-2029)
- Regional Market, by Country (2022-2029)
- Company Profile: Key players
- Company Overview
- Financial Overview
- Global Presence
- Capacity Portfolio
- Business Strategy
- Recent Developments
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Key questions answered in the Waterproofing Products Market are:
- What is Waterproofing Products?
- What is the CAGR of the Waterproofing Products Market?
- What was the Waterproofing Products Market Size in 2022?
- What is the expected Waterproofing Products market size during the forecast period?
- What is the scope of the Waterproofing Products Market?
- What are the Key driving factors for the growth of the Waterproofing Products Market?
- What are the different segments of the Waterproofing Products Market?
- What are the factors restraining the growth of the Waterproofing Products Market?
- What is the demand pattern of the Waterproofing Products Market?
- What are the major challenges that the Waterproofing Products Market could face in the future?
- What growth strategies are the players considering to increase their presence in Waterproofing Products?
- What are the upcoming industry applications and trends for the Waterproofing Products Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for Waterproofing Products Market?
- What are the top players operating in the Waterproofing Products Market?
- Which region accounted for the largest market share in the Waterproofing Products Market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2023)
- Past Pricing and price curve by region (2018 to 2023)
- Market Size, Share, Size & Forecast by different segment | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by Type, Application and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
Maximize Market Research is Material & Chemical research firm, has also published the following reports:
Waterproofing Membranes Market – The market size is expected to reach USD 53.04Bn by 2029 at a CAGR of 6.2 percent during the forecast period. The market is expected to be driven by urbanization, economic growth, increasing interest in the green roofs growth in residential construction projects.
Waterproofing Systems Market – The market size is expected to reach USD 99.08 Bn by 2029 at a CAGR of 7.1 percent during the forecast period. The market is expected to be driven by growing construction industry, growth in the water and waste management industry and increasing demand polyurethane liquid membranes.
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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