#Waterproofing Admixture Market Forecast

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Key Players and Competitive Landscape of the Saudi Arabia Construction Chemicals Market

Market Overview

The Saudi Arabian construction chemicals market is projected to grow from an estimated USD 1,804.9 million in 2024 to USD 2,561.8 million by 2030, achieving a CAGR of 6.0%. This growth is primarily driven by Vision 2030, urbanization, and the rise of commercial projects and industries.

Construction chemicals enhance various applications, including cement, floor coatings, waterproofing, and architectural features, thereby extending the lifespan of buildings. Government initiatives are significantly boosting market expansion as urban infrastructure development accelerates to support tourism and economic growth.

For example, the Rua Al Madinah project in Al-Madinah will span 1.5 million square meters, providing over 47,000 hotel rooms. Similarly, the Azyan Buraydah project in Al-Qaseem will offer 185 villas over a total area of 59,906 square meters. The increasing demand for durable and aesthetically appealing buildings is further fueling this market, as consumers become more aware of the benefits of quality construction materials.

The surge in construction projects commercial, residential, and industrial—across the nation is a key driver for this market, leading to high demand for cement hardening, waterproofing, epoxy coatings, and decorative finishes. The Public Investment Fund (PIF) is pivotal in supporting major projects like NEOM and the Red Sea Project, alongside others such as King Abdullah Economic City and Jeddah Economic City. Investors are increasingly seeking luxurious designs to attract attention and enhance experiences within these developments.

Key Insights

Cement admixtures will hold the largest market share at 25% in 2024. 

This category is the fastest-growing, with a CAGR of 6.7% projected until 2030. 

Advancements in the chemicals industry enhance the quality and functionality of cement. 

Admixtures improve waterproofing, accelerate setting, and increase concrete hardness. 

Their benefits make them ideal for giga projects requiring heavy concrete foundations. 

Admixtures are crucial for strengthening foundations and extending building lifespans. 

The commercial sector will dominate the market with a 45% share in 2024. 

It is expected to experience the highest CAGR during the forecast period. 

Urbanization and Vision 2030 create significant opportunities for commercial projects. 

Key commercial projects include the Alula Project, Diriyah Gate, and Jeddah Central. 

Al-Riyadh will hold the largest market share at 45% in 2024. 

It is also expected to witness a CAGR of 6.4% during the forecast period. 

Major projects in Riyadh, like Qiddiya and New Murabba, will drive demand for construction chemicals. 

The New Murabba project will accommodate 20 Empire State Buildings, featuring multiple cultural and entertainment venues. 

Makkah is also significant, with Thakher Makkah planning over USD 400 million in hotel-residential towers. 

In May 2024, Pidilite announced a partnership with Grupo Puma to introduce a wide range of advanced tile adhesives and grouting solutions, under the brand name Pegoland and Morcem, in Middle Eastern markets.

Source: P&S Intelligence

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Exploring Growth Trends in the Waterproofing Admixture Market: 2024-2034 Forecast

The global waterproofing admixture market has been experiencing substantial growth and transformation from 2021 to 2031. Waterproofing admixtures are crucial components used in construction to enhance the water resistance of concrete and other building materials. They are integral to improving the durability and longevity of structures exposed to harsh weather conditions, moisture, and water ingress.

The global waterproofing admixture market was projected to attain US$ 3.7 billion in 2020. It is anticipated to garner a 7.9% CAGR from 2021 to 2031 and by 2031, the market is likely to attain US$ 8.5 billion by 2031.

The adoption of governmental laws governing VOC emissions and the increase in consumer knowledge of waterproofing admixtures are factors that are limiting demand. Nonetheless, the increasing possibility of high-performance concrete buildings in the regional housing market has greatly increased demand in Europe.

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Market Segmentation

The waterproofing admixture market can be segmented based on several criteria:

By Service Type:

Integral Admixtures: These are mixed directly with concrete to provide waterproofing properties.

Surface Applied Admixtures: These are applied to the surface of concrete structures to provide a waterproof layer.

Grouts and Sealants: Used for filling joints and cracks to prevent water ingress.

By Sourcing Type:

Chemical Admixtures: Includes admixtures like polymer-based, crystalline-based, and others.

Natural Admixtures: Derived from natural sources, such as certain types of clay and minerals.

By Application:

Residential Construction: Used in homes and apartments to prevent water damage.

Commercial Construction: Applied in offices, shopping malls, and other commercial buildings.

Industrial Construction: Used in warehouses, factories, and industrial plants.

Infrastructure Projects: Includes bridges, tunnels, and dams.

By Industry Vertical:

Construction & Real Estate

Transportation

Energy & Utilities

Others (e.g., marine, agriculture)

By Region:

North America

Europe

Asia-Pacific

Latin America

Middle East & Africa

Regional Analysis

North America: Dominated by the U.S. and Canada, this region is characterized by significant investments in infrastructure and residential projects. The market is driven by stringent building codes and regulations.

Europe: The European market benefits from advanced construction technologies and a focus on sustainable building practices. Countries like Germany, France, and the UK are key contributors.

Asia-Pacific: This region is expected to witness the highest growth rate due to rapid urbanization, increasing infrastructure projects, and a booming real estate sector. China and India are prominent markets.

Latin America: Growth in this region is fueled by increasing construction activities and investments in infrastructure development.

Middle East & Africa: The market is growing due to infrastructural developments and the need for durable construction solutions in extreme weather conditions.

Market Drivers and Challenges

Drivers:

Growing Urbanization: The rapid growth of urban areas increases the demand for new construction and infrastructure, boosting the need for waterproofing solutions.

Infrastructure Development: Investments in infrastructure projects, such as roads, bridges, and tunnels, drive the demand for waterproofing admixtures.

Regulatory Standards: Stringent building codes and standards for water resistance contribute to market growth.

Challenges:

High Costs: The high cost of advanced waterproofing technologies can be a barrier for some segments of the market.

Environmental Concerns: The environmental impact of chemical admixtures poses challenges, leading to a growing preference for eco-friendly solutions.

Market Trends

Sustainable Solutions: There is an increasing demand for eco-friendly and sustainable waterproofing admixtures, driven by environmental regulations and consumer preferences.

Technological Advancements: Innovations in admixture formulations and application technologies are enhancing performance and ease of use.

Increased Awareness: Growing awareness about the benefits of waterproofing in enhancing the durability of structures is driving market growth.

Future Outlook

The future of the waterproofing admixture market looks promising, with continued growth driven by ongoing construction activities, infrastructural developments, and advancements in technology. The focus will likely shift towards more sustainable and cost-effective solutions, with increased emphasis on reducing environmental impact.

Key Market Study Points

The market is expected to reach USD 8.5 billion by 2031, growing at a CAGR of 7.9%.

Asia-Pacific will lead in growth due to rapid urbanization and infrastructure development.

Sustainable and eco-friendly solutions are becoming increasingly important in the market.

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Competitive Landscape

The competitive landscape of the waterproofing admixture market includes major players such as BASF SE, Sika AG, CEMEX S.A.B. de C.V., and Mapei S.p.A. These companies are focusing on innovation, strategic partnerships, and expanding their product portfolios to maintain a competitive edge.

Recent Developments

Recent developments in the market include the introduction of advanced admixture technologies, collaborations for research and development, and the launch of eco-friendly products. Companies are also investing in expanding their production capacities to meet the growing demand.

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Waterproofing Admixtures Market Size Analysis, Growth Opportunities, Top Manufacturers, Share, Trends, Segmentation, Regional Analysis, and Forecast to 2028

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Digital Commerce Platform Market Developments, Trends & Opportunities till 2032

Digital Commerce Platform Market provides in-depth analysis of the market state of Digital Commerce Platform manufacturers, including best facts and figures, overview, definition, SWOT analysis, expert opinions, and the most current global developments. The research also calculates market size, price, revenue, cost structure, gross margin, sales, and market share, as well as forecasts and growth rates. The report assists in determining the revenue earned by the selling of this report and technology across different application areas.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Digital Commerce Platform in these regions till the forecast period

North America

Middle East and Africa

Asia-Pacific

South America

Europe

Key Attentions of Digital Commerce Platform Market Report:

The report offers a comprehensive and broad perspective on the global Digital Commerce Platform Market.

The market statistics represented in different Digital Commerce Platform segments offers complete industry picture.

Market growth drivers, challenges affecting the development of Digital Commerce Platform are analyzed in detail.

The report will help in the analysis of major competitive market scenario, market dynamics of Digital Commerce Platform.

Major stakeholders, key companies Digital Commerce Platform, investment feasibility and new market entrants study is offered.

Development scope of Digital Commerce Platform in each market segment is covered in this report. The macro and micro-economic factors affecting the Digital Commerce Platform Market

Advancement is elaborated in this report. The upstream and downstream components of Digital Commerce Platform and a comprehensive value chain are explained.

Browse More Details On This Report at @https://www.globalgrowthinsights.com/market-reports/digital-commerce-platform-market-100549

 Global Growth Insights

Web: https://www.globalgrowthinsights.com

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Constructive Chemistry: Unveiling the Innovations in Building Materials

The global Construction Chemicals Market was valued at USD 87.50 billion in 2023 and is projected to reach USD 159.28 billion by 2031, growing at a CAGR of 7.77% from 2024 to 2031.

This comprehensive research study on the global Construction Chemicals market offers detailed analyses of market trends, prominent drivers, and future growth prospects, providing readers with an extensive understanding of the market environment necessary for informed business decisions. Covering various aspects such as estimated market sizing, strategies employed by leading companies, restraining factors, and challenges faced by market participants, the report equips stakeholders with actionable insights.

 Get a New Look of Sample PDF: https://www.kingsresearch.com/request-sample/construction-chemicals-market-644

Market Forecast and Trends

 Precise market forecasts and identification of emerging trends enable stakeholders to anticipate the industry’s future trajectory and develop strategic tactics accordingly, providing a competitive edge in a dynamic business landscape.

 Regional and Segment Analysis

 The study facilitates industry participants in identifying high-growth regions and profitable market segments through region-specific and segment-by-segment analysis. This information aids in devising effective marketing strategies and product lineups tailored to the preferences and needs of diverse target audiences across major regions including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

 Investment and Expansion Opportunities

 The research report unveils prospective areas for investment and business growth in the global Construction Chemicals market, enabling strategic decision-making for readers seeking to expand into new markets or introduce new products.

Competitive Analysis

In-depth competitive analysis profiles major market competitors and evaluates their strategies, weaknesses, and market shares. Insights into top business strategies employed by key players such as partnerships, alliances, mergers, acquisitions, product innovations, and development empower industry participants to benchmark their businesses against rivals and devise winning strategies for market differentiation.

The major players in the Construction Chemicals Market are:

BASF SE

Dow

RPM International Inc.

Saint-Gobain

MAPEI Corporation

Ardex Group

Fosroc, Inc.

B. FULLER COMPANY

Bostik

Reasons to Purchase This Report:

Futureproof Decisions: Gain precise market forecasts and identify emerging trends to confidently navigate the future of the Construction Chemicals market.

Competitive Advantage: Outperform rivals with a comprehensive competitive analysis, revealing their strategies and market share.

Growth Catalysts Exposed: Uncover the key factors driving market expansion and leverage them to propel your business forward.

Profitable Opportunities: Pinpoint high-growth regions and lucrative market segments through in-depth regional and segment analysis.

Investment Guidance: Strategically plan investments and expansions in the global Construction Chemicals market with insights on potential growth areas.

Informed Decisions: Utilize precise market forecasts and in-depth analysis to make data-driven business decisions.

Market Expertise: Deepen your understanding of market trends and growth drivers for a comprehensive market landscape overview.

Actionable Insights: Gain practical takeaways from the report's competitive analysis, market sizing, and future projections.

The global Construction Chemicals Market is segmented as:

By Type

Adhesives

Concrete Protective Coatings

Bonding agents

Admixtures

Waterproofing

Anchoring materials

By Application

Commercial & Infrastructure

Residential

By Region

North America

U.S.

Canada

Mexico

Europe

France

U.K.

Spain

Germany

Italy

Russia

Rest of Europe

Asia-Pacific

China

Japan

India

South Korea

Rest of Asia-Pacific

Middle East & Africa

GCC

North Africa

South Africa

Rest of Middle East & Africa

Latin America

Brazil

Argentina

Rest of Latin America

[marketsndata]

Global Construction Chemicals Market Trends, Demand and Forecast 2030

Global Construction Chemicals Market size was valued at USD 74.88 billion in 2022, expected to reach USD 123.93 billion in 2030 with a CAGR of 6.5% for the forecast period between 2023 and 2030. Construction chemicals are suitable for a wide range of solutions that are imperatively important in various sorts of construction projects. Construction chemicals are available in numerous varieties that provide effective solutions to infrastructure projects by extending the life and strength of such projects. Construction chemicals are available in different form of categories that are incorporated as hardening agents, coating solutions, waterproofing, etc.

Construction Chemicals Incorporated as Polymer Modified Mortar in the Construction Industry

Different types of construction chemicals are employed during infrastructure construction in various building stages. The explosion in urban population along with developing bridges, tunnels, and dams are prominently driving the construction chemical market. Conventional binders are lacking the strength characteristics and the replacement of such binders with polymers form a new type of polymer-modified mortar. Adding polymers subsequently improves the adhesion characteristics of mortar, imparting toughness, tensile strength, and resistance to few degraded chemicals. Polymer-modified mortar is often commercially available with all suitable ingredients to form strong admixtures.

The Biden administration has cleared a huge amount of USD 550 billion to substantially upgrade infrastructure projects, including roads, bridges, dams, etc. A long bridge in Saudia Arabia is coming into existence, connecting the intersection with the Riyadh-Jeddah highway.

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The Applications of Construction Chemicals in Developing Concrete Curing Compounds

The advancement in creating chemical compounds with mixtures provides impeccable strength, thereby ensuring a smooth appearance on the surface.  Concrete curing compounds are one kind of substance that comprises essential waxes, natural resins, and solvents of high volatility. The applied compound on the fresh concrete surface forms a moisture retention film, providing heat reflectance and a visible appearance. The addition of construction chemicals also assists in enhancing chemical resistance, impact, and abrasion resistance and is extensively used on industrial and factory floors.

The United States is recognized as the second largest chemical producing company, accounting for around USD 517 shipments in 2021. During the same year, the chemical industry in the United States reached 10% of all goods exports, where the contribution achieved USD 153 billion. With more than USD 30 billion in investments, the chemical sector to expand capacity and derive towards sustainability.

Construction Chemicals as Dry Mortars for Developing Innovative Building Materials

The strength of commercial as well as residential buildings is subsequently enhanced by incorporating cement and gypsum-based dry mortars. Different formulations are explored for creating dry building materials with significant properties like water retention, utmost strength, and excellent workability. The proper composition of dry mortars delivers distinctive textures in cement, and improves the cohesiveness and appearance of building materials. In forming dry mortars, the microscopic air bubbles should be uniformly distributed that improves workability. Ashland has developed a series of products that substantially assist in controlling rheology, water retention, workability, adhesive strength, deposition, and suspension while minimizing the challenges. Their trademark Aqualon product delivers numerous features like enhancing workability and providing phenomenal properties to dry-mixed building products.

Rise in Construction Activities are Amplifying the Market Growth

Construction chemicals such as water repellants, mortar admixtures, and efflorescence control are chemical substances deployed in the building & construction industry to enhance the tensile strength and performance of building materials, including cement and concrete. Furthermore, the increasing deployment of construction chemicals ensures superior strength, efficient workability, and excellent weather resistance. As a result, construction chemicals are vital for building & construction applications such as residential, commercial, industrial, and infrastructure to ensure excellent resistance. The increasing demand for larger commercial spaces, rising investments in parks, and the ongoing development of mixed-use commercial buildings are the prominent aspects amplifying the commercial construction industry.

For instance, in quarter 2 of 2023, construction of various commercial projects commenced at the global level, including Wadala GST Office Building in India (project completion year 2026), The Great Park Framework Green Space Community in the United States (project completion year 2030), and Forma Mixed-Use Development in Canada (project completion year 2028) are under various stages of construction. Henceforth, the booming development of new building & construction projects is spurring the demand for construction chemicals to ensure superior protection from the external environment. Therefore, the rise in the building & construction activities is propelling the construction chemicals market growth.

Significant Share of the Asia-Pacific in the Overall Market

The building & construction sector in Asia-Pacific is a key industry contributing to the overall economic growth of Asia-Pacific. The growth of construction activities in the Asia-Pacific buildings, surging public-private partnerships for infrastructure development projects, and the construction of new educational institutes.

For instance, as of November 2023, construction projects such as the Yamaguchi City Government Building in Japan (project completion year 2025) and Don Mueang–Suvarnabhumi–U-Tapao High-Speed Railway in Thailand (project completion year 2029) are under the development stage. Moreover, according to the recent statistics published by Invest India, a government of India nodal agency, India’s building & construction sector is projected to reach USD 1.4 trillion in 2025. The prime factors that will drive the growth of the Indian construction industry include an increase in policy support to ensure the rapid pace of infrastructure development projects, the growing population, and the robustly expanding industrial facilities. As a result, the flourishing building & construction activities in the Asia Pacific region are augmenting the demand for construction chemicals, this, in turn, is driving the market growth.

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Impact of COVID-19

The outbreak of COVID-19 has severely impacted numerous sectors and human livelihood where every person was vulnerable to infectious disease. The shutdown of industrial operations due to imposed lockdowns and a workforce impacted numerous sectors, including construction chemicals. The closure of real estate business and workable construction industry has significantly impacted the growth of construction chemicals market. For illustration, according to the data published by Knauf Insulation., a leading insulation company, in 2020, the European Union construction industry registered a decline of 5.1% as compared to the year 2019 as major construction projects associated with high-rise building, infrastructure projects, and commercial buildings were halted in the region.

Likewise, the production of construction chemicals manufacturing facilities was halted since it did not fall under the category of essential products, thereby impacting the overall global supply of construction chemicals. This restricted the growth of the market in the year 2020. But with the ease in imposed conditions the real estate sectors started to recover economy and launched new projects that led it back to the track of development. Consequently, the construction chemicals market has incredible potential with the growth and demand of smart solutions for buildings and constructions.

Report Scope

“Construction Chemicals Market Assessment, Opportunities and Forecast, 2016-2030F”, is a comprehensive report by Markets and data, providing in-depth analysis and qualitative & quantitative assessment of the current state of the Construction Chemicals Market, industry dynamics and challenges. The report includes market size, segmental shares, growth trends, COVID-19 and Russia-Ukraine war impact, opportunities and forecast between 2023 and 2030. Additionally, the report profiles the leading players in the industry mentioning their respective market share, business model, competitive intelligence, etc.

Click here for full report- https://www.marketsandata.com/industry-reports/construction-chemicals-market

Contact

Mr. Vivek Gupta 5741 Cleveland street, Suite 120, VA beach, VA, USA 23462 Tel: +1 (757) 343–3258 Email: info@marketsandata.com Website: https://www.marketsandata.com

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Waterproofing Admixtures Market Applications, Growth Size, Opportunities, Top Players, Share, Trends, Segmentations, Regional Insights, Graph and Forecast to 2028

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[smrutiiyerreportprime]

Unveiling the Key Players in the Growing Concrete Waterproofing Admixture Market

Introduction

The Concrete Waterproofing Admixture Market is witnessing substantial growth, driven by the increasing demand for durable and waterproof concrete structures in various construction projects. As per the market conditions, the market is expected to expand from USD 1.10 Billion in 2022 to USD 1.40 Billion by 2030, exhibiting a Compound Annual Growth Rate (CAGR) of 2.90% during the forecast period. In this blog, we will delve into the key players in this market and explore their past history, growth rate, market size, and other relevant information.

1. Kryton

Kryton is a renowned player in the concrete waterproofing admixture market, known for its innovative Smart Concrete® solutions. Established in 1973, the company has since made a significant impact on the industry. With its headquarters in Vancouver, Canada, Kryton has expanded its presence worldwide. The company's growth rate has been impressive, with continuous product development and strategic partnerships. Kryton's market sales revenue in 2022 stood at USD 80 million, and it is projected to grow at a CAGR of 3.5% until 2030.

2. Xypex Chemical

Xypex Chemical, founded in 1969, has been a pioneer in crystalline waterproofing technology. The company's unique solutions have garnered a loyal customer base globally. Headquartered in Canada, Xypex Chemical has seen steady growth in the market. In 2022, its market sales revenue reached USD 75 million, and it is projected to grow at a CAGR of 3.2% during the forecast period.

3. Fosroc

Fosroc, a part of the JMH Group, has been providing high-quality construction chemicals and solutions since 1934. Headquartered in the United Arab Emirates, the company operates in various regions worldwide. Fosroc's comprehensive range of waterproofing admixtures has contributed to its steady growth. In 2022, its market sales revenue was USD 65 million, and the company is expected to maintain a CAGR of 2.8% until 2030.

4. GCP Applied Technologies Inc.

GCP Applied Technologies Inc., formerly known as Grace Construction Products, has a long history dating back to 1916. The company offers advanced construction chemicals and materials. Based in the United States, GCP Applied Technologies Inc. has achieved significant growth through strategic acquisitions and product innovations. In 2022, its market sales revenue was USD 72 million, and it is projected to grow at a CAGR of 2.9% during the forecast period.

5. Hycrete, Inc.

Hycrete, Inc. was founded in 1999 and has become a prominent player in the concrete waterproofing admixture market. The company specializes in integral waterproofing solutions and has gained recognition for its sustainable practices. Headquartered in the United States, Hycrete, Inc. has witnessed substantial growth. In 2022, its market sales revenue reached USD 60 million, and it is projected to grow at a CAGR of 2.7% until 2030.

6. SIKA

SIKA, a Swiss multinational company established in 1910, is a key player in the construction chemicals industry. With a strong presence in the global market, SIKA offers a wide range of products, including concrete admixtures. The company's dedication to research and development has contributed to its steady growth. In 2022, SIKA's market sales revenue was USD 90 million, and it is expected to grow at a CAGR of 3.0% during the forecast period.

7. BASF

BASF, a German chemical giant, has a rich history dating back to 1865. The company operates in various industries, including construction chemicals. BASF's extensive portfolio of concrete admixtures has gained popularity worldwide. In 2022, its market sales revenue was USD 100 million, and it is projected to grow at a CAGR of 3.3% until 2030.

8. Penetron

Penetron, established in 1978, specializes in integral crystalline waterproofing solutions. Headquartered in the United States, the company has expanded its reach to several countries. Penetron's growth has been fueled by its innovative products and strategic alliances. In 2022, its market sales revenue was USD 50 million, and it is expected to grow at a CAGR of 2.5% during the forecast period.

9. Schomburg

Schomburg, founded in 1919, is a German company known for its high-performance construction chemicals. With a focus on sustainability and innovation, Schomburg has gained a significant market share. In 2022, its market sales revenue reached USD 55 million, and it is projected to grow at a CAGR of 2.6% until 2030.

10. Markham Global

Markham Global, established in 1990, has become a prominent player in the concrete waterproofing admixture market. The company's specialty lies in providing moisture control and durability solutions for concrete. Headquartered in Australia, Markham Global has expanded its presence worldwide. In 2022, its market sales revenue was USD 40 million, and it is expected to grow at a CAGR of 2.3% during the forecast period.

Conclusion

The Concrete Waterproofing Admixture Market is witnessing substantial growth, and key players are actively contributing to its expansion. These companies, with their innovative solutions and strategic initiatives, are making significant strides in the industry. As the demand for durable and waterproof concrete structures continues to rise in the construction sector, these key players will play a pivotal role in shaping the market's future landscape. With a projected market size of USD 1.40 Billion by 2030, the concrete waterproofing admixture market holds immense opportunities for growth and advancement.

[pearlsmith25]

A Comprehensive Analysis of the Waterproofing Admixture Market

The Waterproofing Admixture market is estimated to be valued at US$ 4.66 Bn in 2023 and is expected to exhibit a CAGR of 8.0% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market Overview:

Waterproofing admixture are chemical agents that are added to concrete or mortar to provide waterproofing properties during construction. They prevent the ingress or passage of water through concrete pores and cracks. Common waterproofing admixtures are crystalline, Pore-blocking, and permeability-reducing admixtures. These admixtures find wide usage in building structures such as basements, tunnels, bridges, and wastewater plants where prevention of water ingress is crucial. Market Dynamics:

The waterproofing admixture market is primarily driven by the increasing construction activities around the world. Rapid urbanization and infrastructure development in emerging economies are translating into new residential, commercial and industrial construction which requires effective waterproofing solutions. Furthermore, stringent regulations regarding water management in newer construction projects are also propelling the demand for waterproofing admixtures. Additionally, continuous technological advancements in admixture formulations to provide enhanced permeability and crack resistance properties are supporting the market growth. For instance, self-healing crystalline admixtures can autonomously seal cracks up to 0.5mm, thereby improving the overall waterproofing effectiveness of concrete. SWOT Analysis

Strength: Waterproofing admixtures offer high strength and durability to the concrete structure against moisture ingress and corrosion. They provide long term protection and increase the service life of concrete structures. Their use reduces maintenance cost of infrastructure. Weakness: High initial investment is required for adoption of advanced waterproofing admixture technologies. Traditional cement-based waterproofing systems have well established markets. Opportunity: Growing construction of marine structures, basements, tunnels and other below-grade structures generates demand. Infrastructure development in emerging nations of Asia and Africa opens new markets. Threats: Strict environmental norms can affect raw material sourcing and product development. Substitute products from local vendors increase competition. Key Takeaways The global waterproofing admixture market is expected to witness high growth, exhibiting CAGR of 8.0% over the forecast period, due to increasing construction activities across commercial and residential sectors. Rapid urbanization and growing population are driving the demand for housing and infrastructure development. Regional analysis Asia Pacific accounts for the largest share in the global waterproofing admixture market due to strong presence of construction industry in China, India, Japan and other developing nations. Government initiatives to develop infrastructure and smart cities boost the demand. North America and Europe are also significant markets driven by renovation and maintenance of existing structures. Key players Key players operating in the waterproofing admixture market are Dow Corning Corporation, Mapei S.p.A, RPM International, Sika A.G., BASF SE, W.R. Grace, Wacker Chemie A.G, Xypex Chemical Corporation, Fosroc International, Evonik A.G., Pidilite Industries. The industry players focus on new product launches, partnerships and expansions to gain leading position.

[esgdatainrate]

U.S. Mortar and Admixtures In-Depth Profiling With Key Players and Recent Developments, Forecast Period: 2021-2031

The U.S. mortar and admixtures market size was valued at $5,683.9 million in 2020 and is projected to reach $11,798.7 million by 2032, registering a CAGR of 4.3% from 2023 to 2032. Mortar and admixtures, both are construction materials widely used for construction as well as the repair or rehabilitation of masonry, concrete, natural stone, and wood structure. Mortar is made by mixing binding agents such as cement or lime, and fine aggregates such as sand, sawdust, fibers, and others. This bonding agent is used for bonding bricks, blocks, stones, and wood, and also for plastering & rendering walls, grouting, and other such applications. Furthermore, epoxy mortar, resin, thixotropic mortar, flowable mortar, 3D mortars, dehumidifying mortar, and strengthening mortars, are also a few types of mortars used in the construction and repair of the structure. Moreover, admixtures are chemicals mixed in mortar or cement to alter their properties as per the need, which includes adhesion improvers, waterproofing admixtures, quick set admixtures, and others.

The U.S. mortar and admixtures market is anticipated to witness growth at a considerable CAGR in the coming decade, however, the market is negatively impacted by the inflation triggered by the war in Ukraine and the impact of the coronavirus pandemic. The high prices of raw materials and the continued rise in the cost of energy have severe impacts on the U.S. construction sector; thereby, limiting the U.S. mortar and admixtures market growth.

The U.S. mortar and admixtures market is divided into residential, commercial, industrial, infrastructural, and others. The infrastructural segment accounted for the highest market share in 2022, owing to the growing population and urbanization, which drives the demand for infrastructure such as roads, tunnels and bridges. Such large scale undertaking is anticipated to drive tremendous demand for grouts, epoxy resin, road overlay, structure strengthening materials, shotcrete, and various other mortar and related admixtures. However, the residential segment is anticipated to register a higher growth rate during the forecast period. The residential construction in the U.S. is witnessing a steady growth owing to a gradual population rise. This is expected to drive the demand for tile grouts, wood repair mortar, board sealants, epoxy resins, strengthening materials, and other mortars and admixtures. Moreover, the house improvement sector is also experiencing growth, which is also expected to drive the demand.

Competition Analysis

Competitive analysis and profiles of the major players in the U.S. mortar and admixtures market are provided in the report. Major companies in the report include BASF, Fritz-Pak Corporation, LATICRETE International, Inc., Mapei S.P.A., Pidilite Industries Limited, Saint-Gobain Group, Sika AG, RPM International (The Euclid Chemical Company), W.R. Meadows, Inc., Master Builders Solutions, and Xypex Chemical Corporation. Major players to remain competitive adopt development strategies such as product launches. For example, Sika USA launched its new ready-to-use grout at Coverings 2022 in Las Vegas. In addition, in February 2021, MAPEI launched Planibond SBA two-component, epoxy bonding adhesives made for application in segmental bridges. Similarly, in December 2021, LafargeHolcim launched TerCem™, an ultra-low carbon footprint cement offering up to 65% CO2 reduction.

Full Report With TOC:-https://www.alliedmarketresearch.com/u-s-mortar-and-admixtures-market-A191631

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Global Pore Blocking Waterproofing Admixture Market led to rapid growth in near future: Ken Research

Global Pore Blocking Waterproofing Admixture Market led to rapid growth in near future: Ken Research

According to the report analysis, ‘Global Pore Blocking Waterproofing Admixture Industry Research Report 2021 Segmented by Major Market Players, Types, Applications and Countries Forecast to 2027’ states that BASF SE (Germany), DowDuPont, W.R. Grace (U.S.), Sika A.G. (Switzerland), Mapei S.p.A (Italy), Evonik A.G. (Germany) and many more are the key corporates which presently functioning in the…

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Waterproofing Admixtures Market Applications, Growth Size, Opportunities, Top Players, Share, Trends, Segmentations, Regional Insights, Graph and Forecast to 2028

http://dlvr.it/T47vCj

[kiranadhavmarketstudy]

Concrete Admixtures Market Projected to Garner Significant Revenues by 2028

The research reports provide deep insights into the global market revenue, market trends, macro-economic indicators, and governing factors, along with market attractiveness per market segment. The report provides an overview of the growth rate of Concrete Admixtures market during the forecast period, i.e., 2022–2030. The report, most importantly, identifies the qualitative impact of various market factors on market segments and geographies. The research segments the market on the basis of product type, application type, technology type, and region. To offer more clarity regarding the industry, the report takes a closer look at the current status of various factors, including but not limited to supply chain management, distribution Trade, channels, supply and demand, and production capability differ across countries.

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Concrete Admixtures Market Company Profiles Analysis:

Sika AG

GCP Applied Technologies Inc.

RPM International Inc.

BASF SE

Fosroc, Inc.

MAPEI S.p.A

CHRYSO GROUP

Note – The Covid-19 (coronavirus) pandemic is impacting society and the overall economy across the world. The impact of this pandemic is growing day by day as well as affecting the supply chain. The COVID-19 crisis is creating uncertainty in the stock market, massive slowing of supply chain, falling business confidence, and increasing panic among the customer segments. The overall effect of the pandemic is impacting the production process of several industries. This report on ‘Concrete Admixtures Market’ provides the analysis on impact on Covid-19 on various business segments and country markets. The reports also showcase market trends and forecast to 2030, factoring the impact of Covid -19 Situation.

Market Segmentation:

Concrete Admixtures Market Size, Share & Trends Analysis Report By Product, Water Reducing Admixtures, Waterproofing Admixtures, Accelerating Admixtures, Air-Entraining Admixtures, Retarding Admixtures, Others; Global Industry Insights, Trends, and Forecast, 2021-2028.

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Regional Framework

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global Concrete Admixtures Market based on various segments. It also provides market size and forecast estimates from the year 2022 to 2028 with respect to five major regions. The Concrete Admixtures Market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

Promising Regions & Countries Mentioned in The Concrete Admixtures Market Report:

North America

Europe

Asia-Pacific

Latin America

The Middle East & Africa

Major Features of Concrete Admixtures Market Report:

Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Concrete Admixtures market.

Highlights key business priorities in order to assist companies to realign their business strategies.

The key findings and recommendations highlight crucial progressive industry trends in the global Concrete Admixtures market, thereby allowing players across the value chain to develop effective long-term strategies.

Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.

Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.

Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution.

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[constructioandchemicalblog]

Construction Chemicals Market 2022: Top Manufacturers, Production Analysis and Growth Rate Through 2030

Construction Chemicals Market is projected to be worth USD 37.55 billion by 2030, registering a CAGR of 8.60% during the forecast period 2021 - 2030

The growth of the global demand for building chemicals is powered mainly by growing investment in infrastructure development and residential construction activities worldwide. These chemicals are rapidly being used to enhance concrete performance, along with growing industry knowledge of the consistency of concrete, cement, asphalt, and other building materials. Growing urbanization and rapid population development worldwide push the development of residential projects and houses, and construction activity in both new construction and renovation and refurbishment is projected to increase over the forecast period. This, in fact, is expected to raise demand for building chemicals over the projected period.

Development is also driven by expanded spending in the Sector of Infrastructure. In addition, the government is spending heavily in infrastructure construction across the developed world to accelerate economic growth. The growing adoption of ready-mix concrete is expected to further propel the demand for construction chemicals, especially in the commercial and infrastructure sectors.

The absence of customer knowledge of chemical and building aids and lower profit margins are the factors that are projected to hinder the development of the global chemical construction market.

Market Segmentation

The global construction chemicals market, by product type, has been segmented into concrete admixtures, waterproof chemicals, flooring compounds, adhesives and sealants, and others.

By end-use, the global demand for building chemicals was segmented into domestic, commercial, manufacturing, and utilities. Owing to the growing population and urbanization, infrastructure will be the first choice for potential applicants, which would fuel the need for sustainable infrastructure and environmentally friendly goods. The residential sector is the second most lucrative category for new entrants in the demand for construction chemicals. In 2021, this sector was the biggest sales producer, representing almost half of the global industry. Leading to the rising in demand for houses and residences in urban areas, construction chemicals are commonly used in residential infrastructure. 

Regional Overview

Asia-Pacific is projected to be the region's biggest and most profitable building chemicals market. Growing developments in urban construction accelerated industrialization and the rising amount of new residential building ventures are due to the fast growth of the regional sector. China is projected to be Asia-Pacific's largest market while India, led by ASEAN countries, is projected to be the fastest-growing market over the forecast period. To satisfy the rising demand for building chemicals in the country, the leading players are investing in rising their production capacity in the country. 

Another prominent market for construction chemicals is expected to be in North America. Growth in the region is supported by the rebuilding of the US construction industry. As rapidly increasing urbanization needs the development of residential towers, North America has an enormous capacity for construction products, and buildings are in high demand in response to perennial urbanization worldwide. In order to offer increased structural stability and durability, building companies undertake relatively greater numbers of residential developments using high-grade construction materials.

During the review period, the European market is expected to see steady expansion. Due to economic growth and increased spending in infrastructure production, Latin America and the Near East & Africa are projected to have substantial demand for construction chemicals during the forecast period.

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Competitive Dashboard

Some of the eminent players operating in the global construction chemicals market are LATICRETE International, Inc (US),  BASF SE (Germany), Pidilite Industries Ltd (India), Tata Chemicals (India), Sika AG (Switzerland), Fosroc, Inc. (India), Henkel AG (Germany), Apple Chemie India Pvt. Ltd (India), Croda International Plc (UK), W. R. Grace & Company (US),  RPM International, Inc (US), Evonik Industries AG (Germany), Huntsman International LLC (US), Dow (US), and Chemax Chemical (India).

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