Global Waterproofing Chemicals Market Size, Share, Growth, Global Trends, Industry Analysis and Forecast to 2027

Price: 3600/- USD | Last Updated: October 23rd, 2020

The global waterproofing chemicals market size is projected to grow at a significant CAGR of around 9% during 2020-2027 and expected to reach around USD 46 billion in terms of revenue by 2027. Efficient waterproofing has become very vital. Places that record heavy rainfall leads to frequently waterlogged streets. Waterproofing measures should be taken in these areas during the construction of residential and commercial buildings in order to maintain the level of internal humidity and help protect property and valuables.

The types of waterproofing chemicals used include bitumen such as APP bitumen & SBS bitumen and polymers which include TPO, PVC, EPDM, etc. Both bitumen and polymers are used in some large-scale construction and other industries worldwide. The major factor promoting the growth of waterproofing chemicals is the benefits that these chemicals provide such as integrity of the building, humidity balance, and protection against harsh climatic conditions. Waterproofing chemicals are expected to experience high demand in the coming years for a number of applications in the global market.

Market Insights:

The global waterproofing chemicals market is expected to witness growth due to rising demand from various end-use industries including building & construction of residential and commercial buildings and landfills & tunnels. Increasing awareness regarding the importance of waterproofing products in construction among consumers in developing regions is anticipated to boost the waterproofing chemicals market over the forecast period. Cement-based structures experience immense curbing and attrition due to frequent climatic changes, thus decreasing the shelf life of residential and commercial buildings. This makes waterproofing chemicals a necessity as it imparts longer life to the structure.

Market Segment Insights:

Waterproofing chemicals form the major chemicals in the construction industry. Bitumen was the leading product type of global waterproofing chemicals market in 2019. Due to its organic property and the benefits provided by it such as water resistance and durability has led to high demand from the global market. Polymers are other waterproofing chemicals that function the same as bitumen but are used for other applications such as waterproofing of walls, buildings, tunnels, landfills, etc. Water leakage may lead to damages such as electrical hazards, metal corrosion, rotting of timber structures, swelling of plastic boards, etc. To avoid such problems, waterproofing chemicals are applied on walls, roofing, and also used for tunnels, landfills, and buildings. Among the mentioned applications, roofing accounted for the major share of the global waterproofing chemical market in terms of revenue.

Global Waterproofing Chemicals Market Segmentation:

By Product, 2018–2027 ($ Millon)

  • Traditional Therapy
  • Bitumen
  • Polymers
  • Others

By Application, 2018–2027 ($ Millon)

  • Roofing
  • Walls
  • Building
  • Tunnels
  • Landfills
  • Others (Swimming Pool Base, Over Head Water Tanks, etc.)

By Geography, 2018-2027 ($ Millon)

  • North America
  • Europe
  • Asia Pacific
  • Latin America (LATAM)
  • Middle East and Africa (MEA)

Regional Insights:

For the purpose of this study, the global waterproofing chemicals market is regionally categorized into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa markets. These regional markets are further sub-segmented into top country-level markets that majorly determine the regional industry trends. The largest and fastest-growing region was reported to be the Asia Pacific in 2019. The growing population and increasing constructional activities in the region have led to a high demand for waterproofing chemicals in the region. The Asia Pacific accounted for more than 35% share of the global waterproofing chemicals market in 2019 and is expected to retain its competitive position in the near future. The rising cost of construction and raw materials is driving the growth of the global waterproofing chemicals market.  These chemicals are widely used for industrial, commercial, and residential construction as they are employed in the repair and maintenance of industrial grouts, residential flooring, tiles, storage tanks, etc. China and India are expected to be the leading countries in terms of demand for waterproofing chemicals.

The Asia Pacific is followed by Europe in terms of demand for waterproofing chemicals. The region is projected to experience lethargic growth due to the regulations adopted by the region. North America is expected to experience steady growth during the forecast period from 2020 to 2027. Latin America and Middle East and Africa are also anticipated to boost demand for waterproofing chemicals in the market.

Market Competition Assessment:

The major players currently operating in the global waterproofing chemicals market include BASF SE, Choksey Chemicals Ltd, Dow Chemical Company, Eastman Chemical Company, Evonik Industries, Exxon Mobil Chemicals, Isomat S.A., Kryton International Inc., Penetron, Pidilite Industries Ltd., Polygel Industries, Sika Group, and Trinso Europe GmBH.

List of Key Companies:

  • BASF SE
  • Choksey Chemicals Ltd
  • Dow Chemical Company
  • Eastman Chemical Company
  • Evonik Industries
  • Exxon Mobil Chemicals
  • Isomat S.A.
  • Kryton International Inc.
  • Penetron
  • Pidilite Industries Ltd.
  • Polygel Industries
  • Sika Group
  • Trinso Europe GmBH

Key Questions Answered by Waterproofing Chemicals Market Report

  • Global waterproofing chemicals market forecasts from 2020-2027
  • Regional waterproofing chemicals market forecasts from 2020-2027 covering Asia-Pacific, North America, Europe, Middle East and Africa, and Latin America
  • Country-level forecasts from 2020-2027 covering 15 major countries from the aforementioned regions
  • Waterproofing Chemicals submarket forecasts from 2020-2027 covering product type, application, and geography segments.
  • Various industry models such as SWOT analysis, Pestle Analysis, Porter’s Five Force model, Value Chain Analysis pertaining to the waterproofing chemicals market
  • Analysis of the key factors driving and restraining the growth of the global, regional and country level waterproofing chemicals markets from 2020-2027
  • Competitive Landscape and market positioning of top 10 players operating in the waterproofing chemicals market

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Table of Content:


Chapter 1 Preface


1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Phase III – Expert Panel Review
1.3.4 Assumptions

Chapter 2 Executive Summary


2.1 Waterproofing Chemicals Market Portraiture
2.2 Global Waterproofing Chemicals Market, by Product, 2019 ($ Million)
2.3 Global Waterproofing Chemicals Market, by Application, 2019 ($ Million)
2.4 Global Waterproofing Chemicals Market, by Geography, 2019 (Value %)

Chapter 3 Global Waterproofing Chemicals Market Analysis


3.1 Global Waterproofing Chemicals Market Overview
3.2 Prevalence of Waterproofing Chemicals
3.3 Market Dynamics
3.3.1 Market Drivers
3.3.1.1 Growth of construction industry due to urbanization and industrialization
3.3.2 Challenges
3.3.2.1 Vulnerability to fluctuations in commodity prices
3.3.3 Opportunities
3.4 Attractive Investment Proposition
3.5 Competitive Analysis: Global Waterproofing Chemicals Market, 2019 (Value %)

Chapter 4 Global Waterproofing Chemicals Market Analysis, by Product, 2018-2027 ($ Million)


4.1 Preface
4.2 Traditional Therapy
4.3 Bitumen
4.4 Polymers
4.5 Others

Chapter 5 Global Waterproofing Chemicals Market Analysis, by Application, 2017-2027 ($ Million)


5.1 Preface
5.2 Roofing
5.3 Walls
5.4 Building
5.5 Tunnels
5.6 Landfills
5.7 Others

Chapter 6 Global Waterproofing Chemicals Market, by Geography, 2018-2027 ($ Million)


6.1 Preface
6.1 North America (U.S. & Canada)
6.2 Europe (U.K., Germany & Rest of Europe)
6.3 Asia Pacific (China, Japan, Singapore, South Korea and Rest of APAC)
6.4 Latin America (Mexico, Brazil and Rest of LATAM)
6.5 Middle East and Africa

Chapter 7 Company Profiles


7.1 BASF SE
7.2 Choksey Chemicals Ltd
7.3 Dow Chemical Company
7.4 Eastman Chemical Company
7.5 Evonik Industries
7.6 Exxon Mobil Chemicals
7.7 Isomat S.A.
7.8 Kryton International Inc.
7.9 Penetron
7.10 Pidilite Industries Ltd.
7.11 Polygel Industries
7.12 Sika Group
7.13 Trinso Europe GmBH
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