DUBLIN, Feb. 2, 2016 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/x25t7j/global) has announced the addition of the "Global Waterproofing Chemicals Market 2016-2020" report to their offering.
The global water proofing chemicals market to grow at a CAGR of 5.93% during the period 2016-2020.
The report covers the present scenario and the growth prospects of the global waterproofing chemicals market for 2016-2020. To calculate the market size, the report considers the revenue generated through the use of water proofing chemicals in various applications. Some of the major chemicals that are taken into consideration while arriving at the market size include SBS, APP, PVC, TPO, EPDM etc. The report also includes a discussion of the key vendors operating in this market.
Waterproofing chemicals are used to resist water from entering and damaging buildings and related structures, especially during monsoon or in wet environments. Penetration of water can cause electrical and other hazards in buildings. This factor drives the use of waterproofing chemicals worldwide. Polyurethane, polysulphide, and other acrylic polymers are among the popular waterproofing chemicals used in the market. They are available in different forms, such as liquid and solid forms.
The concept of green roofing is trending the market, and expected to boost growth. A green-roofed building is covered with vegetation, and saves on the energy used for cooling and heating purposes inside the building.
According to the report, MNCs are focused on increasingly investing in infrastructures and buildings. This is boosting the demand for roofing materials and consequently, waterproof chemicals.
Further, the report states that lack of efficient workers, poor job security, and low safety awareness are preventing the completion of construction projects and market growth of waterproof chemicals.
The market is divided into the following segments based on application:
- Building structures
- Landfills and tunnels
- Conpro Chemicals
- Triton Chemicals
- Dow Chemical
- Pidilite Industries
Other prominent vendors
- HB Fuller
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SOURCE Research and Markets