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Outlook of Waterproofing Admixture Market status and development trends reviewed in new report

Press Release   •   Jan 16, 2018 04:48 EST

Waterproofing Admixture Market is estimated to grow with a moderate CAGR by 2024. Rise in infrastructure necessities in the emerging economies coupled with growing demand for service life extension of constructions will drive the market in the forecast period.

The ever-growing need for sustainable infrastructure has led to the demand for innovative solutions. The global construction industry is subjected to the omnipresence of challenges like or efficient use of limited resources, raw materials and energy in the long run. In this scenario, sound waterproofing solutions pose as an essential aspect for safe and durable construction. These admixtures feature increased floor durability and minimal maintenance cost. The waterproofing admixtures market growth will be mainly attributed to the factors such as increased urbanization and improving construction industry in the coming years.

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Waterproofing admixtures find applications in tanks, sewage & water treatment plants, tunnel and subway systems, balconies, underground vaults, bridge decks, secondary containment structures, basements, water reservoirs, precast components, swimming pools, parking structures, etc. They prevent the absorption of water in the pores by reducing the number, size of the capillary pores inside the concrete structure. Else, they cover the capillary pores with hydrophobic materials. They reduce concrete permeability and thereby allow concrete to breathe. They are waterproofing solutions that make concrete structures more durable, resist positive and negative side hydrostatic pressure and avoid weathering.

The global waterproofing admixtures market is segmented according to material type, application and region. Based on the material type, market is divided into crystalline materials, hydrophobic or water-repellent materials and others including inert chemically active fillers and Supplementary Cementitious Materials (SCMs). The crystalline materials include active chemicals provided in a carrier of sand and cement. Owing to their hydrophilic nature, they generate pore-blocking deposits that resist water penetration by increasing calcium silicate hydrate (CHS) density. Hydrophobic or water-repellent materials include materials based on long-chain fatty acid derivatives, soaps, vegetable oils (soya-based materials, tallows, greases), and petroleum (paraffin waxes, mineral oil, bitumen emulsions). These provide a water-repellent deposit along the pores in the concrete, however the pores remain physically open. Other chemically active filler materials consist of: bentonite, talc, hydrocarbon resins, clay, coal tar pitches, lime, colloidal silica and silicates. Based on the applications, the product market is classified as: commercial, residential and infrastructural applications.

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The market is classified based on the region as: North America, Asia Pacific, Europe, Latin America and Middle East and Africa. Asia Pacific region contributed to USD 14 billion in the context of construction chemicals in 2015 and is likely to rise with 9% CAGR by 2024. This in turn will propel the waterproofing admixtures demand in the region over the forecast period. Europe and North America market growth will be particularly propelled by rising protocols on volatile organic compound (VOC) emissions and inclination towards use of high-performance concrete by 2024.

The waterproofing admixtures are subjected to severe conformity evaluation and control for confirming their compliance with the relevant industry specifications and standards. The market is monitored in accordance with BS EN 934, IS:2645-2003 and many other standards. American Concrete Institute (ACI) Committee 212 has offered guidance regarding these admixture usages. Implementation of the regulations could be a challenge to the industry participants in the forecast period.

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The key industry players in global waterproofing admixtures market include: BASF SE, Schomburg International, CEMEX S.A.B. de C.V., Wacker Chemi AG, Sika AG, Mapei S.P.A., RPM International Inc., W.R. Grace & Co., DOW Corning Corporation, Pidilite Industries, Evonik Industries, Fosroc International Ltd, Xypex Chemical Corporation, Hycrete, Inc., Kryton International Inc., Penetron Inc., GCP Applied Technologies Inc, etc. These players leverage their technological know-how, in-depth knowledge of local building needs. They combine the suitable elements of their portfolio to develop innovations that drive sustainable construction. For instance, BASF’s MasterPel 777 admixture perform two-fold roles of water proofer and water reducer for everyday concrete, thereby accelerating the early strength development.

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.