Apr 12, 2021/IndustryNewsGlobal/ The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the High-Performance Waterproofing Market.

It was estimated prior to this unanticipated outbreak that the High-Performance Waterproofing Market to reach US$ 4.5 billion in 2025, a US$ 0.8 billion lesser figure than our 2019 market projections. Several factors including increasing government investments on infrastructure developments in emerging economies, increasing waste & water management activities, and increasing demand for energy-efficient buildings, are expected to trigger the demand for high-performance waterproofing in the long-run.

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Waterproofing is a combination of materials that treat or protect unwanted water intrusion into the structural elements of a building. Its main purpose is to resist the penetration of liquids under hydrostatic pressure or other external forces like capillarity. High-performance waterproofing is a versatile material, capable of retaining the dryness of concrete, masonry, metal, and wood structures. It is also resistant to salts, alkalis, and various types of acids. Furthermore, it is durable, lightweight, non-deteriorating, puncture-resistant, and is available in length stretching up to 50 meters. A waterproofing system typically amounts to less than 1% of the total construction cost but it saves an equivalent amount or more in future repair and maintenance cost over the service life of the structure.

The construction industry was already reeling with multiple challenges from lack of capital and credit avenues to insolvencies, multiple frauds, and to regulatory burden and is now marred by the COVID-19 pandemic, with no likely relief in sight. The outburst of coronavirus in China followed by its spread in the major economies is anticipated to strike an unrecoverable dent on the growth of the construction industry, with anticipation in facing a labor shortage, shutdowns of various projects, and shortage of materials. None of the companies or materials used in the construction industry proves to be invincible from the coronavirus effect including waterproofing systems as well. However, Stratview Research’s assessment of the possible impact of the pandemic in several end-use industries suggests that the construction industry is lesser affected as compared to losses borne by other industries.

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Based on the Membrane Type, the high-performance waterproofing market is firstly segmented based on the membrane type as liquid-coated membrane and sheet-based membrane. The liquid-coated membrane is likely to remain the larger segment of the market during the forecast period. Ease of its application and elimination of fastening are some key factors bolstering the demand for liquid-coated membrane.

Based on the application type, the market is segmented as above-grade waterproofing and below-grade waterproofing. Above-grade waterproofing is likely to remain the dominant application of the market in years to come. However, below-grade waterproofing is expected to remain the faster-growing application type over the same period.

Based on the position type, the market is classified as positive-side waterproofing, negative-side waterproofing, and blind-slide waterproofing. Positive-side waterproofing is likely to maintain its vanguard in the market by 2025. The high dominance of positive-side waterproofing is mainly due to its certain benefits, such as its direct exposure to hydrostatic pressure created by groundwater and its ability to withstand high pressure. The positive-side waterproofing also prevents moisture infiltration, protects a structural surface, and acts as a vapor barrier.

Based on the material type, the market is classified as PU, HDPE, EPDM, Cementitious, TPO, and others. PU is likely to remain the most dominant material type in the high-performance waterproofing market. Lightweight, flexibility, high efficiency, and environmental sustainability are some major factors that are driving the demand for PU waterproofing in the market.

In terms of regions, all regions are estimated to record huge declines in the demand for high-performance waterproofing systems in 2020. However, Asia-Pacific is projected to maintain its dominance during the forecast period (2020-2025). The region is also expected to recover at the highest rate, propelled by increasing investment in infrastructure and construction sector and increasing usage of high-performance waterproofing. China is not only the largest market for high-performance waterproofing in Asia-Pacific but also in the world.

Key Players:

Key players operating in the global High-Performance Waterproofing market are-

  • SIKA AG
  • BASF
  • RPM International Inc.
  • Carlisle Companies Inc.
  • GCP Applied Technologies
  • Beijing Oriental Yuhong Waterproof Technology Co., Ltd.

Features of the Report

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.

The High-Performance Waterproofing analysis report discusses the following heads in great detail:

  • Market structure: Overview, industry life cycle analysis, supply chain analysis
  • COVID-19 Impact Assessment
  • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
  • Market trend and forecast analysis
  • Market segment trend and forecast
  • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
  • Attractive market segments and associated growth opportunities
  • Emerging trends
  • Strategic growth opportunities for the existing and new players
  • Key success factors

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