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Waterproofing Admixture Market Size, Share, Industry, Forecast and outlook (2024-2031)

Published: May 2023 || SKU: CH4426
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180 pages
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Waterproofing admixture market is Segmented By Type(Crystalline Formulation, Water Repellant, Densifiers, Others), By Form(Powder, Liquid, Paste), By Application(Public Infrastructure, Residential Buildings, Industrial Infrastructure, Commercial Buildings, Others ), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2023-2030 

 

Waterproofing admixture market Report Overview

The Global Waterproofing Admixture Market report analyzes the global market size, shares, recent trends, competitive intelligence, and future market outlook. Waterproofing admixtures are additives used in concrete and cementitious materials to enhance their water resistance properties. The market is driven by the growing construction industry, the need for durable infrastructure, and the increasing demand for sustainable and eco-friendly construction materials. In the Asia Pacific region, the Global Waterproofing Admixture Market is experiencing rapid growth. Key players in the market include BASF SE, Sika AG, RPM International Inc., and other prominent players.

 

waterproofing admixture market Scope and Summary

Metrics

Details

Market CAGR

7.8%

Segments Covered

By Type, By Form, By Application, and By Region

Report Insights Covered

Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other vital insights.

Fastest Growing Region

Asia Pacific

Largest Market Share 

North America

 

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A waterproofing admixture is a type of admixture that prevents the passage of water through hardened concrete under a pressure head. It is also known as a permeability-reducing admixture or damp-proofing admixture. The admixtures are porous materials that can absorb water and water-borne contaminants. A waterproofing admixture functions by reducing the size of capillary pores or by lining the capillary pores with hydrophobic materials. The most common type of waterproofing admixtures includes crystalline formulation, water repellant, and densifiers. The waterproofing admixture is utilized during the construction of commercial buildings, public infrastructure, residential buildings, and industrial sectors.

The market has availability of numerous products to protect the concrete structure from damage due to water penetration. For example, sealers, coatings, membranes, etc., are utilized to prevent water penetration, but all these need a huge amount of money and time. The processes can be simplified by utilizing water-resisting admixture, which prevents water ingress through concrete by making it waterproof.

Source: DataM Intelligence Analysis (2023)

Waterproofing Admixture Market Dynamics and Trends

The global waterproofing admixture market growth is driven by the need for efficient waterproofing solutions and rapidly growing construction activities.

Need for efficient waterproofing solutions

Concrete is a porous material usually prone to mold issues, cracking, and structural defects like concrete cancers. Nearly all residential and commercial concrete projects specify some waterproofing system. The waterproofing failure can cause safety issues, significantly reduce the property's value, and lead to unfitness for occupation. Various techniques have been used including, a spray-applied coating or a peel-and-stick sheet membrane to keep moisture out. However, a growing number of projects are adopting integral waterproofing admixtures, which plug the natural pores and capillaries within the concrete and secure the concrete from moisture. The growing demand for effective waterproofing solutions has boosted the demand for waterproofing admixtures in the market.

The companies are launching new products in the market to cater to the demand from the end-users. For example, in 2020, MC-Bauchemie launched a Murasan Hydrotech 883, a waterproofing solution for generating semi-dry and wet-cast concrete goods. With the new hydrophobic admixture, manufacturers can enhance the resistance of their products to water penetration, reduce moisture-related damage and minimize efflorescence. Moreover, in 2020, Sika launched its Sika WT-240 P, a core product technology in permeability-reducing admixtures - hydrophobic pore blocking and hydrophilic crystalline.

Rapidly growing construction activities

The demand for commercial, public, residential, and industrial infrastructure has progressed worldwide due to accelerated urbanization and the growing population. Waterproofing Admixtures are widely used across residential, commercial, and infra sectors to shield the structure from dampness, extend the structure's life and advance the cohesion of the concrete. In residential buildings, the waterproofing admixtures are utilized in roofing, ceilings, exterior walls, basements, and bathroom flooring, preserving the surface from mold & mildew.

The large population has been shifting to urban areas for a better lifestyle, surging the need for rapid construction. The governments are also supporting new launches in the market to satisfy the huge demand. For instance, in 2021, Kryton International Inc.'s crystalline admixture "Krystol Internal Membrane" was approved by the Dubai Municipality to waterproof substructures in Dubai without additional waterproofing methods.

Lack of technical knowledge regarding the use of admixture

The value of the waterproof admixtures depends entirely on the environment the concrete will be disclosed to and the consequence of keeping water from passing through. Permeability is not a big issue for high-rise interior beams, columns, and floor slabs; hence, the amount of admixture should be added accordingly. The lack of knowledge regarding the usage of waterproofing admixtures will act as the restraining factor for the market.

Moreover, the utilization of waterproofing admixture needs skilled labor for operating the admixture manufacturing equipment. Whereas the low availability of experienced labor added and the high cost of skilled labor hinder the market growth. Also, projects with low budgets in developing countries cannot afford the use of waterproof admixtures.

Covid-19 Impact on Waterproofing Admixture Market Growth

Due to the pandemic, the waterproofing admixture market demand has been stable in most of its applications. The waterproofing admixture has been extensively used during the construction of residential and industrial sectors. The infrastructure industry has faced significant losses due to the pandemic, negatively impacting market growth. The delay in the infrastructure projects has hampered the demand & supply of the market.

For instance, according to the American Road & Transportation Builders Association report, Infrastructure projects valuing more than US$ 9.6 billion have been delayed or canceled amid the pandemic. Moreover, according to the Ministry of Statistics and Programme Implementation report, over 450 infrastructure projects, each worth over US$ 20 million (Rs 150 crore) or more, have been hit by cost overruns totaling more than US$ 577.5 crores (Rs 4.28 lakh crore).

Waterproofing Admixture Market Segment and Shares

By application, the waterproofing admixture market is segmented into crystalline formulations, water repellants, densifiers, and others.

The wide utilization in public infrastructures is raising the sales of densifiers

Densifiers will hold a significant waterproofing admixture market share in the forecast period. Densifiers fill the microscopic openings in the concrete matrix to reduce water infiltration. The densifiers usually contain silica fume as a major ingredient, reacting readily with water and adding considerable strength to the mix. The utilization of silica fume can produce concrete with compressive strength of over 15,000 psi.

Densifier-type integral waterproofers are a prime choice when high-strength concrete is required and for applications exposed to de-icing salts such as roadways and bridges. The densifiers have been extensively used in numerous public infrastructures to offer long-lasting working life. Hycrete, a common densifier-type admixture, was used to remediate a New Jersey bridge overpass and preserve tens of thousands of dollars annually. Densifiers can also react with the calcium hydroxide formed in hydration, creating added by-product that enhances concrete density and slows water migration.

Source: DataM Intelligence Analysis (2023)

Waterproofing Admixture Market Geographical Analysis

The rapid expansion in infrastructure projects in the Asia-Pacific has boosted the waterproofing admixture market

Asia-Pacific region holds the vital market share for the waterproofing admixture market globally and is expected to continue its dominance in the forecast period. China, Japan, and India are some of the major consumers of waterproofing admixtures in the region. The rapid development of dams, bridges, and other construction activities due to rapid industrialization has driven the waterproofing admixture market. The governments are heavily spending on infrastructure projects with expanding urbanization. For instance, according to the Indian Brand Equity Foundation statement, India has programs to allocate US$ 1.4 trillion on infrastructure projects from 2019 to 2023 to assure sustainable development in the country.

Due to the lucrative opportunities in the Asia-Pacific market, global companies are investing in the region's growth. For instance, in 2020, Sika acquired Shenzhen Landon Holding Co., Ltd., a producer of waterproofing systems in China. The company offers a range of waterproofing products, complementing Sika's existing portfolio. The combined offering will accommodate new opportunities in the fast-growing Chinese waterproofing market. In 2019, Nouryon launched an Elotex FX2325 re-dispersible polymer powder customers comply with the performance standards in China for cement waterproofing membranes. Moreover, in 2017, BASF launched MasterEase, an admixture for low-viscosity concrete, to help customers in Vietnam produce high-quality concrete structures faster.

Source: DataM Intelligence Analysis (2023)

Waterproofing Admixture Companies and Competitive Landscape

The waterproofing admixture market is moderately competitive, led by global companies. However, the local companies have been expanding their portfolio with expanding construction activities and infrastructure projects. In addition, some of the key players contributing to the market's growth are Sika AG, BASF SE, Nouryon, Euclid Chemical Company, Mapei S.p.A, Wacker Chemie A.G, MC-Bauchemie, Evonik A.G., RPM International, Xypex, Fosroc International, and others. The major companies are adopting various new strategies to dominate the market, such as partnerships, launching new products, collaborations, and acquisitions contributing to the global growth of the waterproofing admixture market.

MC-Bauchemie

Overview: MC-Bauchemie is a leading international manufacturer of building chemical products and technologies. The company is headquartered in Bottrop, Germany, and has over 2,500 employees located in 40 countries. The company is focused on providing products for the concrete, building, and construction industry.

Product Portfolio: The company manufactures Centrament Proof CL 1, Centrament Proof CP 10, and Centrament Proof HL 20.

Key Development: In 2021, MC-Bauchemie launched its Centrament Proof C range consisting of the admixtures Centrament Proof CL 1 and Centrament Proof CP 10 formulated for concrete waterproofing through crystallization.

Why Purchase the Report?

  • Visualize the waterproofing admixture market segmentation by type, form, application, and region, highlighting the key commercial assets and players
  • Identify commercial opportunities in waterproofing admixture by analyzing trends and co-development deals
  • Excel data sheet with thousands of data points of waterproofing admixture market-level 4/5 segmentation
  • PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study
  • Product mapping in Excel for the key product of all major market players

The global waterproofing admixture market report would provide approximately 61 market data tables, 55 figures, and 230 pages

Target Audience

  • Paint & Coating Companies
  • Construction Companies
  • Construction Chemical Manufacturers
  • Industry Investors/Investment Bankers
  • Education & Research Institutes
  • Research Professionals
  • Emerging Companies
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FAQ’s

  • The Waterproofing Admixture Market is expected to grow at a high CAGR of 7.8% during the forecasting period 2023-2030.

  • North America region Controls the Waterproofing Admixture Market during 2023-2030.

  • Among all regions, Asia Pacific is the fastest-growing market share during the forecast period.

  • Sika AG, BASF SE, Nouryon, Euclid Chemical Company, Mapei S.p.A, Wacker Chemie A.G, MC-Bauchemie, Evonik A.G., RPM International, Xypex, Fosroc International, and others.
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