Waterproofing Chemicals Market - Asia Pacific Industry Analysis and Opportunity Assessment 2014 - 2020: Future Market Insights
Waterproofing 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.
Waterproofing 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.
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<strong>Future</strong> <strong>Market</strong> <strong>Insights</strong><br />
<strong>Waterproofing</strong> <strong>Chemicals</strong> <strong>Market</strong> - <strong>Asia</strong> <strong>Pacific</strong> <strong>Industry</strong> <strong>Analysis</strong><br />
<strong>and</strong> <strong>Opportunity</strong> <strong>Assessment</strong> <strong>2014</strong> - <strong>2020</strong>: <strong>Future</strong> <strong>Market</strong> <strong>Insights</strong><br />
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<strong>Waterproofing</strong> <strong>Chemicals</strong> <strong>Market</strong> - <strong>Asia</strong> <strong>Pacific</strong> <strong>Industry</strong> <strong>Analysis</strong> <strong>and</strong> <strong>Opportunity</strong><br />
<strong>Assessment</strong> <strong>2014</strong> - <strong>2020</strong>: <strong>Future</strong> <strong>Market</strong> <strong>Insights</strong><br />
<strong>Waterproofing</strong> chemicals are a specific set of products that protect the structural integrity of buildings<br />
from water penetration. Excess water penetration in buildings can shorten theirlife span, thus leading<br />
to electrical, metal <strong>and</strong> health hazards. <strong>Waterproofing</strong> chemicals increase the shelf life of concretes<br />
<strong>and</strong> offer durability to infrastructures when applied to the exterior of a foundation system. These<br />
functions lower the maintenance cost of buildings. Rise in construction cost <strong>and</strong> raw material are the<br />
driving factors for the waterproofing industry.<br />
Browse Full Report@ http://www.futuremarketinsights.com/reports/details/asia-pacificwaterproofing-chemicals-market<br />
Polyurethane, elastomeric coatings, exp<strong>and</strong>ed polyethylene, polysulphide sealants, <strong>and</strong> acrylic<br />
polymer are some of the important waterproofing chemicals. These chemicals are available in liquid,<br />
solid, <strong>and</strong> slurry form. <strong>Waterproofing</strong> chemicals are further segmented into sheet membranes <strong>and</strong><br />
liquid applied systems. The enduse segments are residential, commercial, <strong>and</strong> industrial infrastructure<br />
development.<br />
With easy availability of raw material <strong>and</strong> major projects lined up for boosting infrastructure<br />
investment, asia pacific is the most profitable market for waterproofing industries. With 26% market<br />
share China has overtaken USA in terms of volume. China along with India <strong>and</strong> other important asia<br />
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pacific region contributes to half of the global waterproofing market. <strong>Asia</strong> pacific will see a massive<br />
rise in infrastructure owing to China’s main focus on infrastructure under its 12th Five Year Plan <strong>and</strong><br />
the ‘Make in India’ concept driven by the Indian government. With construction companies<br />
flourishing in India due to the rise in skyscrapers <strong>and</strong> malls, the waterproofing chemical market will<br />
gain substantial momentum in the near future. Malaysia is the next potential market for waterproofing<br />
chemicalsin the asia pacific region. Malaysian government has allocated US$ 23 billion to boost its<br />
infrastructure. These potential market will give steady momentum to waterproofing chemicals.<br />
Europe is the second largest market for waterproofing chemicals. It accounts for nearly one-fourth of<br />
the total market share by volume. Europe possesses monumental heritage buildings which need<br />
quality care. Also, being an industrialised region, Western Europe will be a profitable destination for<br />
waterproofing chemical industries.<br />
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North America is the third most profitable destination for chemical industries. This market stumbled<br />
after the 21st century economic crisis. Since then it has been witnessing a slow recovery in<br />
waterproofing industries. High rise skyscrapers <strong>and</strong> technological advancement will fuel the growth<br />
momentum of waterproofing industries in coming years in this region. Chemical industries <strong>and</strong> marine<br />
industries are the other major sectors which will escalate the dem<strong>and</strong> for waterproofing chemicals.<br />
Analysing the profitable trend, this market is set to witness key mergers <strong>and</strong> acquisitions of small <strong>and</strong><br />
medium-sized enterprises(SME) companies by big business enterprises.<br />
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Latin America is the third most profitable destination for waterproofing chemicals market. Being the<br />
next Olympic destination <strong>and</strong> a key member of BRICS, many new infrastructure investmentshave<br />
been lined up in Brazil. This will fuel growth inthe waterproofing chemical market. Though, Latin<br />
America will be a major destination for chemical industries in near future, CAGR growth will be<br />
moderate in comparison to the asia pacific <strong>and</strong> European markets.<br />
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