As per the recently published report by MarketsandMarkets™, The “Waterproofing Admixtures Market by Type (Pore Blocking Admixtures, Crystalline Admixtures, Densifier), Application (Residential, Commercial, Infrastructure), and Region (Asia Pacific, Europe, North America, MEA, South America) – Global Forecast to 2028″, size was USD 5.3 billion in 2022 and is projected to reach USD 8.0 billion by 2028, at a CAGR of 7.4%, between 2023 and 2028. waterproofing admixtures have grown in popularity as the urbanization has increased tremendously and growing infrastructural projects accorss worldwide in last two decades. These factors drive the waterproofing admixtures market.
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- 154 Market data Tables
- 64 Figures
- 198 Pages and in-depth TOC on “Waterproofing Admixtures Market – Global Forecast to 2028”
This report also provides a comprehensive analysis of the companies listed below:
The major players in waterproofing admixtures market include Sika AG (Switzerland), Saint-Gobain S.A. (France), Mapei S.p.A. (Italy), Fosroc, Inc. (UAE), Penetron (US) Dow inc. (US) Xypex Chemical Corporation (Canada), and RPM International Inc. (US). Waterproofing admixtures market is witnessing strong growth in the past few years; new technologies drive the growth of this market. Market players are introducing new technologies and features to acquire larger market shares.
Merger & acquisitions, investments & expansions, partnerships & collaborations, and new product developments are some of the major strategies adopted by these key players to enhance their positions in the waterproofing admixtures market.
Recent Developments in Waterproofing Admixtures Market Industry
- In May 2023, Sika has completed the acquisition of MBCC Group after having received all necessary regulatory approvals.
- In September 2022, Saint-Gobain acquired GCP Applied Technologies, which will be seamlessly integrated into Chryso Inc.. It is a subsidiary within Saint-Gobain’s High Performance Solutions segment, enhancing the company’s comprehensive offerings in this domain.
- In July 2022, Mapei S.p.A. expanded its presence in India with the inauguration of its third factory in Kosi, Mathura, demonstrating a strong commitment to serving the growing construction market in the region.
- In July 2023, Fosroc Inc. opened its third experience centre in India, located at the Bengaluru Head Office on Infantry Road.
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Sika AG is a Switzerland based a specialty construction chemicals company. The company offers its products for wide range of applications such concrete admixtures, waterproofing systems, sealants, adhesives, flooring systems, roofing systems, and industrial coatings. It is one of the leading players in Waterproofing admixtures market. Sika operates in two major business segments: construction industry and industrial manufacturing. It operates in 103 countries worldwide with 400 production sites and has a significant global footprint. In May 2023, the company completed the acquisition of MBCC group after having received all necessary regulatory approvals. This acquisition is set to accelerate the sustainable transformation of both Sika and global the construction industry.
Saint-Gobain is a French multinational building materials company headquartered in Courbevoie, France. It offers diverse range of waterproofing admixtures for various applications including residential and commercial construction, infrastructure projects, and industrial projects. The company offers these products through its subsidiaries such as GCP Applied Technologies, Chryso Inc., and Saint-Gobain Weber (formerly Sodamco). Saint-Gobain operates in 75 countries European, North American, Asia Pacific, the Middle East & Africa, and South American region. In September 2022, Saint-Gobain acquired GCP Applied Technologies. Further it will be flawlessly integrated into Chryso Inc, a subsidiary within Saint-Gobain’s High Performance Solutions segment, which will enhance company’s comprehensive offerings in this domain.
The adoption of Waterproofing admixtures in various industrial sectors has been increased due to the government initiatives and heavy investments in infrastructure development. Moreover The Asia-Pacific region is one of the fastest-growing regions in the world, with strong economic growth and rising disposable incomes. This is creating a favorable environment for the growth of the waterproofing admixtures market. Accordingly, Asia Pacific will be the largest market for waterproofing admixtures market during forecast period.
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