Waterproofing Chemicals Market - Asia Pacific Industry Analysis and Opportunity Assessment 2014 - 2020: Future Market Insights

Waterproofing chemicals are a specific set of products that protect the structural integrity of buildings from water penetration. Excess water penetration in buildings can shorten theirlife span, thus leading to electrical, metal and health hazards. Waterproofing chemicals increase the shelf life of concretes and offer durability to infrastructures when applied to the exterior of a foundation system. These functions lower the maintenance cost of buildings. Rise in construction cost and raw material are the driving factors for the waterproofing industry.

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Polyurethane, elastomeric coatings, expanded polyethylene, polysulphide sealants, and acrylic polymer are some of the important waterproofing chemicals. These chemicals are available in liquid, solid, and slurry form. Waterproofing chemicals are further segmented into sheet membranes and liquid applied systems. The enduse segments are residential, commercial, and industrial infrastructure development.

With easy availability of raw material and major projects lined up for boosting infrastructure investment, asia pacific is the most profitable market for waterproofing industries. With 26% market share China has overtaken USA in terms of volume. China along with India and other important asia pacific region contributes to half of the global waterproofing market. Asia pacific will see a massive rise in infrastructure owing to China’s main focus on infrastructure under its 12th Five Year Plan and the ‘Make in India’ concept driven by the Indian government. With construction companies flourishing in India due to the rise in skyscrapers and malls, the waterproofing chemical market will gain substantial momentum in the near future. Malaysia is the next potential market for waterproofing chemicalsin the asia pacific region. Malaysian government has allocated US$ 23 billion to boost its infrastructure....