Asia Pacific Waterproofing Chemicals Market size in terms of volume and value 2014-2020
Verfasser: yogesh on Monday, 20 March 2017Waterproofing 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.
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.
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With the construction chemical market contributing 9% of global GDP, waterproofing chemical market is set to accelerate itsgrowth in emerging economies including China and India.