Waterproofing Admixtures Market worth 3.77 Billion USD by 2020

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MarketsandMarkets Presents

• Waterproofing Admixtures Market worth 3.77
  Billion USD by 2020

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• The report Waterproofing Admixtures Market by
  Type (Crystalline, Pore Blocking and Others), by
  Application (Building Construction, Public
  Infrastructure, and Commercial Space) - Global
  Forecast to 2020 report analyzes the global
  waterproofing admixtures market with respect to
  market drivers, restraints, opportunities, and
  challenges in different regions.
• The global waterproofing admixture market
  (20152020) is estimated to reach USD 3.77
  Billion by 2020 growing at a rate of 8.16
  between 2015 and 2020.
• The waterproofing admixtures market, along with
  its applications, registered  a high growth in
  the past few years which is estimated to continue
  in the coming years supported by growing
  construction industry in Asia-pacific and Middle
  East Africa regions. The demand for
  waterproofing admixtures depends on new
  construction and its maintenance and repair
  activities. The demand for these admixtures is
  mainly driven by growing requirements for housing
  and infrastructure. It is also influenced by
  consumer awareness, need for durable and
  aesthetic civil structure, and other benefits
  achieved in making concrete structure more
  economical for contractors and other interest
  holders

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• http//www.marketsandmarkets.com/Market-Reports/no
  rth-america-water-storage-systems-market-1184.html
  
• Asia-Pacific is the largest market, both in terms
  of volume and value, followed by Middle East
  Africa. The key companies in this market are BASF
  SE (Germany), W.R. Grace (U.S.), RPM
  International (U.S.), Sika A.G. (Switzerland),
  Fosroc International (U.K.), Dow Corning
  Corporation (U.S.), Wacker Chemie A.G (Germany),
  Xypex Chemical Corporation (U.S.), Evonik A.G.
  (Germany), Mapei S.p.A (Italy), and Pidilite
  Industries (India).
• Waterproofing admixtures are added in specific
  proportions to concrete for achieving certain
  design standards and performance requirements of
  concrete structures. The use and benefits of
  admixtures has been known to construction
  developers since decades, the prominent
  utilization of mineral and chemical admixtures in
  cement is the most common among developed
  countries. These are used for various
  residential, commercial, and infrastructure
  projects in most of the developing countries. The
  growing requirements of housing units, improving
  sanitation facilities, infrastructure
  investments, and funding by governments in
  developing countries have spurred the growth of
  cement usage and admixture

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• Currently, the Asia-Pacific region is the largest
  consumer of waterproofing admixtures and is
  estimated to grow at the highest CAGR.  Countries
  such as China, Japan, and India are expected to
  lead the Asia-Pacific waterproofing admixtures
  market, with China having the largest share in
  the regional demand of waterproofing admixtures.
  The market size, in terms of volume, of
  waterproofing admixtures is comparatively low in
  the South American region, but the estimated
  growth of the region is the third highest after
  Asia-Pacific and Middle East Africa.
• The market size of waterproofing admixtures
  depends on new construction and its maintenance
  and repair activities. The demand for these
  admixtures is mainly driven by growing
  requirements for housing and infrastructure. It
  is also influenced by consumer awareness, need
  for durable and aesthetic civil structure, and
  other benefits achieved in making concrete
  structure more economical for contractors and
  other interest holders. The restraints in market
  are different across regions, such as mature
  infrastructure, logistic issues, low cement
  production, and low investments in infrastructure
  sector. The opportunities are cited in new
  product launches/formulations for various
  construction applications..

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