Liquid membranes are mostly applied on walls to maintain aesthetic characteristics and reduce cost. We have used the bottom up approach to arrive at the global market considering individual application segments and integrating them to arrive at the global market. Based on their formulation, there are basically two types of architectural and decorative paints and coatings: Increasing complexity in building design coupled with increasing focus on leakage protection has led to a high demand for the product in this application.
Besides this, the demand for specialty coatings is expected to remain steady through the course of the forecast period.
The applications have been further bifurcated using top down approach to derive the regional product market consumption. There are several companies manufacturing waterproofing membranes under different brand-names including USG Durock, Renolit and Ardex.
The construction industry in the country grew from USD Chemical composition varies with the products on which it is applied. What Information does this report contain. The increasing global population and the growing number of nuclear families escalate the demand for new houses every year, which in turn creates demand for paints and coatings.
Waterproofing membranes are used in a host of applications including roofing, walls, building decks, basements, balconies, bridge decks, foundation, parking areas, water tank linings, and tunnels.
However, global market may, however, be restrained on account of volatile raw material prices which are heavily dependent on petrochemical demand-supply.
In addition, growing investment in construction in Eastern European countries including Russia, Poland, and Turkey is further anticipated to fuel the market. This norm led to new strategies to be undertaken by manufacturers to increase biopolymer products production by different companies in myriad applications.
The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. This customized study includes deep-dive market estimates for roofing and wall applications of waterproofing membranes by different chemistry types at regional level, e.
While TPO, bitumen, EPDM, and PVC are the major materials used for manufacturing sheet products, liquid coatings are manufactured using cementitious materials, bitumen, polyurethane, and acrylic.
Increasing population and urbanization is expected to increase the residential construction, thereby augmenting market growth. Growing product quality awareness among consumers is anticipated to have a positive impact on the waterproofing chemicals market over the projected period.
However, global market may, however, be restrained on account of volatile raw material prices which are heavily dependent on petrochemical demand-supply. The market has been segmented as below: Paints and Coatings Market Dynamics Increasing adoption of smart coatings is the major trend witnessed in the paints and coatings market.
These deliver a monolithic application with no layers, leaving no drawback for cracks to develop. Real-Time Market Intelligence Currently, smart coatings are gaining popularity in commercial applications as these are increasingly being used for the restoration of historical buildings.
Regional average price has been considered while breaking down this market by product and end-user segment in each region. This makes waterproofing chemicals a necessity as it imparts longer life to the structure.
High viscosity and stickiness properties offered by bitumen are expected to promote its demand as waterproofing chemicals over the forecast period. The market is also expected to witness growth during the forecast period owing to the growing demand for renovation and repair of commercial buildings, houses, malls, and schools in the region.
Its properties, including high tensile strength and durability, are expected to augment its demand over the next eight years. Increasing investment in infrastructure, growing awareness about the product, and cost-effectiveness are expected to be the key factors driving growth.
Besides this, the market is also witnessing lucrative opportunities in Europe. With urbanization, the world is becoming a more sophisticated place with the growing need for greater comfort.
Companies such as Pidilite, BASF, and Dow Chemicals are engaged in manufacturing raw materials as well as waterproofing materials for various applications.
Waterborne Coatings to Emerge as the Dominant Product Segment By product, the demand for waterborne coatings is soaring higher than other segments in the paints and coatings market.
It is recommended for up to five users. Global construction industry was valued at around USD 7. Polymers are other waterproofing chemicals which functions the same as bitumen but are used for other applications such as walls, buildings, tunnels, landfills etc.
The rise in construction of non-residential buildings including offices, hospitals, recreational centers, and educational institutes is expected to propel demand over the forecast period. Summary. janettravellmd.com adds “Roof Waterproof Coatings Market Global and China Analysis, Growth, Trends and Opportunities Research Report Forecasting to ” reports to its database.
This report provides in depth study of “Roof Waterproof Coatings Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. This report studies the global Waterproof Coating for Roof Covering market status and forecast, categorizes the global Waterproof Coating for Roof Covering market size (value & volume) by key players, type, application, and region.
Water Proof Coatings Market: Global Industry Analysis, Size, Share, Growth and Forecast to by FMI. Global Market Research Report, Market Size, Share, Forecast, Overview, Trends, Marketing Strategy, Industry Analysis, Outlook, Competitive Landscape, Future Prospects. the global paints and coatings market was worth USD billion in and is expected to grow at a CAGR of % Our analysts and consultants are among the.
This report presents a comprehensive overview of the Waterproof Coating market in Europe, which shares the history data information from toand forecast from to This report presents a comprehensive overview of the Engineering Paint market in Europe, which shares the history data information from toand forecast from toGlobal waterproof paint market size analysis