Waterproofing Systems Market is Poised to Grow at a Relatively Strong Rate of US$ 85.9 Billion by 2027- Exclusive Report by MarketsandMarkets™

The global waterproofing systems market size is projected to reach USD 72.0 billion by 2025 at a CAGR of 6.4% from 2020. The demand for waterproofing systems is increasing, owing to the growing demand for cost-effective and efficient waterproofing systems. The emergence of environment-friendly waterproofing systems and green buildings is also driving the market.

Based on types, waterproofing systems have been segmented into waterproofing membranes, waterproofing chemicals, and integral systems. The growing demand for cost-effective and efficient waterproofing systems id driving the demand for these waterproofing systems.

Get PDF Brochure for Research Insights at: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=174057630

Based on applications, waterproofing systems have been segmented into building structures, roofing & walls, roadways, waste & water management, and others. The growing construction industry in the emerging countries of APAC and South America are driving the demand for waterproofing systems in these applications.

APAC consists of major developing nations, such as China and India, and therefore, the scope for development for most of the industries is high. The region accounted for the largest market share and is the fastest-growing market for waterproofing systems. The growth of the market in the region is attributed to the presence of emerging countries, and their high economic growth rate, the rise in infrastructure projects, increasing urbanization, and growing standard of living. These developing countries are the driving engines for the waterproofing systems market in the region.

Request for Bundle Report at https://www.marketsandmarkets.com/RequestBundleReport.asp?id=174057630 

The increase in demand for waterproofing systems and the growing construction industry in the emerging economies, such as APAC and South America, are driving the market. The key players in the waterproofing systems market include Sika AG (Switzerland), BASF SE (Germany), Fosroc (UK), GCP applied technologies (US), Soprema (France), Mapei S.P.A (Italy), Carlisle Construction Company (US), Tremco (US), Pidilite industries (India), and Henkel Polybit (UAE). The waterproofing systems market report analyzes the key growth strategies, such as investment & expansion, new product launch, mergers & acquisition, and partnership & agreement, adopted by the leading market players between 2017 and 2020.

Sika AG (Switzerland) is one of the leading manufacturers and distributors of waterproofing systems. The company adopted mergers & acquisitions as one of its key business strategies. For instance, in June 2020, the company acquired Modern Waterproofing Group, a leading manufacturer of roofing and waterproofing systems in Egypt. It was an addition to the product portfolio of Sika Egypt and offered new opportunities for growth in the Egyptian construction market. The acquired business generates annual sales of USD 28.5 million

BASF SE (Germany) is one of the largest chemical producers globally. The company is among the key players in the waterproofing systems market. The company adopted the strategies of new product launch to strengthen its competitiveness in the global waterproofing systems market. For instance, in April 2018, BASF introduced MasterSeal 7000 CR from Master Builders Solutions for waterproofing and concrete protection for wastewater treatment plants and harsh chemical environments.

If You Want To Know More About Report Before Buying at https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=174057630 

Read Our Trending Press Release Below:

Post-consumer Recycled Plastics Market- https://www.whatech.com/og/markets-research/consumer/727341-post-consumer-recycled-plastics-market-growth-is-projected-to-reach-18-8-billion-at-a-cagr-of-5-7-global-forecast-to-2025

Methanol Market- https://www.whatech.com/og/markets-research/materials-chemicals/727115-methanol-market-growth-is-projected-to-reach-36-3-billion-at-a-cagr-of-3-4-global-forecast-to-2026

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their pain points around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 Micro Quadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441

Comments are closed