Waterproofing Chemicals Market : Industry Analysis, Market Size and Industry Outlook 2015-2022 |Brisk Insights
According to a recently published report, the Global Waterproofing Chemicals Market is expected to grow at the CAGR of 9.5% during 2015-2022. The global waterproofing chemicals market is segmented on the basis of product, material, industry applications and geography. The report on global waterproofing chemicals market forecast 2015-2022 provides detailed overview and predictive analysis of the market.Waterproofing chemicals are chemicals used for building and infrastructure protection against the water penetration. These chemicals provides protection from various risk such as metal, health hazards and electrical, which happens due to water leakage in the infrastructure and building. Due to high durability of waterproofing chemicals the life of the constructed structure increases also it lower the maintenance cost of the constructed product. Waterproofing chemicals are majorly used are elastomeric coating, acrylic polymers, polyurethane, polyethylene etc. these waterproofing chemicals can be used in solid, slurry or liquid form as required.
Waterproofing chemicals can be further classified as liquid applied systems and sheet membranes. Waterproofing chemicals which are rarely used are expansion joint, bitumen bonding, geomembrane, subsoil waterproofing and tunnel liners. The global waterproofing chemicals market can be segmented on the basis of applications which include walls, landfilling and tunnels, roofing and other market like structure. In application segment roofing and building market witness high growth in forecasted period in the global market.
The major players profiled in the report include Pidilite Industries Ltd, BASF, Polygel Industries, Exxon Mobil Corporation, Dow Chemical Company, E. I. Du Pont De Nemours and Company. Mitsubishi Chemical Holdings Corporation, Bridgestone Corporation, Toray Industries, Evonik Industries, Eastman Chemical Company And so on. Innovation and R&D are the key winning strategy of the market.
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