18 October 2019

Table of Contents for Waterproofing





Waterproofing

Structure booster

 

The rapid implementation of projects in the construction sector will lead to increasing demand for waterproofing solutions.

 

 

The global waterproofing admixture market, along with its applications, has witnessed a high growth in the past few years. Estimated to increase in the coming years the growth is largely fuelled by the increasing applications, technological advancements, and growing demand.

 

Waterproofing chemicals can be distinguished as liquid applied systems and sheet membranes. Its niche uses include bitumen bonding, expansion joints, subsoil waterproofing, geomembranes, water management and tunnel liners.

 

The waterproofing chemicals products include Bitumen - APP (Atactic Polypropylene) Bitumen,  SBS (Styrene-Butadiene-Styrene) Bitumen; Polymers - TPO (Thermoplastic Polyolefin), PPVC (Polyvinyl Chloride), EPDM (Ethylene Propylene Diene Terpolymer)  etc. The global waterproofing chemicals market is segmented based on applications such as roofing, walls, buildings, tunnels, landfills and other structures. Roofing and buildings have witnessed major growth in the global market which is estimated to continue.

 

 

 

DEMAND ZONES  

 

The opportunities for the waterproofing industry arise from the following drivers – the government’s emphasis on infrastructure development, rising aspirations of a large middle income group and changing demographics driving demand for residential real estate; increasing urbanisation from 30 per cent to 40 per cent by 2030; the National Manufacturing Policy to enhance share of manufacturing in national GDP from 16 per cent to 25 per cent by 2022; and 100 per cent Foreign Direct Investment (FDI) in real estate to boost construction activities. At present the increase in application of waterproofing chemicals is owing to the framing of numerous policies for clean groundwater and land filling by the governments of China, India, France and UK. The Asia-Pacific region with 40 per cent of market revenue is the biggest and the fastest-growing market geography due to the growing demand for waterproofing admixture in India, China, Japan, and South Korea. North America and Europe are matured markets and are expected to grow at a low CAGR in comparison with Asia-Pacific till 2020.

 

 

 

PROSPECTS AND DRIVERS

 

The waterproofing chemicals market is expected to exceed $7 billion by 2022. Growth in the construction sector is expected to drive the market growth of waterproofing chemicals. Industries like construction, paints and coatings, textile and fabrics, automotive, packaging, aerospace, electronics, etc. are the end-users of global waterproofing chemicals market. Construction is the leading end-user owing to rising investments in this industry and high prices of raw materials. Automotive and packaging are the emerging industries for global waterproofing chemicals market. It is witnessing high growth in Asia Pacific region. The Government of India’s announcement of the National Manufacturing Policy in 2011, to enhance production output in chemicals, automotive, pharmaceutical and food and beverage industries at the domestic level is expected to increase the penetration of commercial structures, which is likely to fuel waterproofing chemicals market demand in the near future. Building structures are anticipated to remain fastest growing application segment on account of increasing government expenditure on infrastructure improvement in Brazil, India, China, Mexico and Saudi Arabia.

 

The leading players of this industry include key waterproofing admixtures manufacturers such as BASF SE (Germany), W.R. Grace (U.S.), RPM International (U.S.), Sika A.G. (Switzerland), Fosroc International (U.K.), Dow Corning Corporation (U.S.), Wacker Chemie A.G (Germany), Xypex Chemical Corporation (U.S.), Evonik A.G. (Germany), Mapei S.p.A (Italy), Polygel Industries, Bostik, Conpro Chemicals and Pidilite Industries (India), E.I. DuPont De Nemours & Co., ExxonMobil Chemicals, Evonik Industries, Eastman Chemical Company, Mitsubishi Chemical Holdings Company and Toray Industries.

 

 

 

TRENDS

 

 It is reported roofing is currently the largest application segment, accounting for over 25 per cent of global waterproofing chemicals market revenue in 2014. Rising popularity of roofing membranes to prevent water leakage in residential and commercial structures is expected to fuel waterproofing chemicals market demand in the near future. Bitumen was the largest product segment, accounting for over 40 per cent of the global market revenue in 2014.

 

Increasing application of bitumen as roll roofing component in residential and commercial building structures on account of its unique properties including high viscosity and stickiness is expected to have a positive impact on market. In terms of product type, bituminous roofing has emerged as the most preferred roofing material due to its waterproofing ability and pocket-friendly pricing in countries like India, Malaysia, Taiwan, and Indonesia. The segment accounted for over 45 per cent of the global roofing market in 2013. These roofing materials find extensive usage in schools, offices, retail stores, and hospitals.

 

The increasing popularity of thermoplastic polyolefin (TPO) on account of being heat reflective and an energy efficient roofing system is expected to have a positive impact on the market growth over the next seven years. In terms of the trends in the waterproofing industry currently organised players are bringing in huge investments to set up training facilities for marketing personnel and applicators. This will lead to quality products and projects. Several players in the industry are tying up with foreign players to bring in advanced technologies thus enhancing quality and improvement in the lifespan of structures.

 

 

 

PRODUCT PUSH

 

The Indian construction industry can now enjoy faster placement of everyday concrete structures, and more reliable waterproofing systems, with the launch of a range of products. New construction methods including modular formwork construction for concreting, dry wall for partitions and prefabricated bathroom pods are gaining traction, but also create challenges in maintaining quality while meeting the demand for rapid construction. However new solutions for concrete placement and waterproofing help to extend the service life of structures. They are contributing to sustainable construction by lowering the demand for raw materials and energy for construction in the long run and improving speed and performance and bringing down costs.

 

The growing need for training and employability in the waterproofing chemicals domain is not lost on the industry. BASF India Limited and National Academy of Construction (NAC), a vocational training institution established by the Government of Andhra Pradesh, recently have tied up for the training of 1000 participants from across the construction industry value-chain including workers, engineers, contractors, managers and supervisors and the promotion of construction chemical solutions. Then there is also the product push. In mid 2015 BASF's Construction Chemicals division launched its unique, first-of-a-kind waterproofing solutions in South Asia to make concrete structures more durable and resistant to weathering. The new solutions will be available in India, Bangladesh and Sri Lanka. The unique dispersion technology, MasterEmacoTM SBR series from Master Builders Solutions by BASF enhances time and energy efficiency for general repairs, bonding coats and waterproofing.

 

 

"We are excited to bring in first-of-its-kind waterproofing technologies that can bridge the gap between faster process and quality construction and refurbishment," Nilotpol Kar, Business Director, BASF Construction Chemicals, India said.

 

Adhesives and construction chemicals leader Dr Fixit from Pidilite Industries has launched a mobile app for waterproofing which helps architects, builders and contractors formulate solutions for waterproofing depending on the size of the building. The app available on Android and IOS  also gives an estimate of the cost of the construction process.

 

Meanwhile companes like Sika’s offer solutions covering the full range of technologies used for below-ground waterproofing: flexible membrane systems, liquid applied membranes, waterproofing admixtures for mortars, joint sealants, waterproof ready-to-use mortars, injection grouts and coatings. Key market segments include basements, underground parking garages, tunnels and all types of water-retaining structures like reservoirs, storage basins and storage tanks.

 

Fosroc's vast experience in providing waterproofing solutions to many famous structures around the world, such as the Burj Al Arub in Dubai, has been built on a broad range of products and technical advice/guidance. The company has successfully installed its innovative pre-applied waterproofing system called Proofex Engage below-ground in many projects around the world ensuring structural integrity and long term durability of the structure.

 

With the market for construction chemicals for water proofing showing huge growth potential manufacturers are expected to go for the kill. There will be a shift in demand towards products offering better performance and which take into account factors such as affordability, environment, weather and climatic conditions.

 

The future of waterproofing looks bright.

 

 

 

POINTERS 
  • The global waterproofing chemicals market is expected to exceed $7 billion by 2022
  • Asia-Pacific region with 40 per cent of market revenue is the biggest and the fastest-growing market geography
  • Growing demand for waterproofing admixture in India, China, Japan, and South Korea

 

 

 

KEY PLAYERS
  • Maris Polymers
  • Pidilite Industries
  • Sika India
  • Structural Waterproofing Company
  • Supreme Industries
  • Ultratech



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