The global Waterproofing Admixtures Market is segmented according to material type, application and region. Based on the material type, market is divided into crystalline materials, hydrophobic or water-repellent materials and others including inert chemically active fillers and Supplementary Cementitious Materials (SCMs). The crystalline materials include active chemicals provided in a carrier of sand and cement. Owing to their hydrophilic nature, they generate pore-blocking deposits that resist water penetration by increasing calcium silicate hydrate (CHS) density. Hydrophobic or water-repellent materials include materials based on long-chain fatty acid derivatives, soaps, vegetable oils (soya-based materials, tallows, greases), and petroleum (paraffin waxes, mineral oil, bitumen emulsions).
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These provide a water-repellent deposit along the pores in the concrete, however the pores remain physically open. Other chemically active filler materials consist of: bentonite, talc, hydrocarbon resins, clay, coal tar pitches, lime, colloidal silica and silicates. Based on the applications, the product market is classified as: commercial, residential and infrastructural applications.
Global Waterproofing Admixture Market size is estimated to grow with a moderate CAGR by 2024. Rise in infrastructure necessities in the emerging economies coupled with growing demand for service life extension of constructions will drive the market in the forecast period.
The ever-growing need for sustainable infrastructure has led to the demand for innovative solutions. The global construction industry is subjected to the omnipresence of challenges like or efficient use of limited resources, raw materials and energy in the long run. In this scenario, sound waterproofing solutions pose as an essential aspect for safe and durable construction. These admixtures feature increased floor durability and minimal maintenance cost. The waterproofing admixtures market growth will be mainly attributed to the factors such as increased urbanization and improving construction industry in the coming years.
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The key industry players in global waterproofing admixtures market include: BASF SE, Schomburg International, CEMEX S.A.B. de C.V., Wacker Chemi AG, Sika AG, Mapei S.P.A., RPM International Inc., W.R. Grace & Co., DOW Corning Corporation, Pidilite Industries, Evonik Industries, Fosroc International Ltd, Xypex Chemical Corporation, Hycrete, Inc., Kryton International Inc., Penetron Inc., GCP Applied Technologies Inc, etc. These players leverage their technological know-how, in-depth knowledge of local building needs. They combine the suitable elements of their portfolio to develop innovations that drive sustainable construction. For instance, BASF’s MasterPel 777 admixture perform two-fold roles of water proofer and water reducer for everyday concrete, thereby accelerating the early strength development.