London, UK -- (SBWIRE) -- 02/20/2015 -- 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 their life 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. Rise in construction cost and raw material are the driving factors for the waterproofing industry.

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Polyurethane, elastomeric coatings, expanded polyethylene, polysulphide sealants, and acrylic polymer are some of the important waterproofing chemicals. These chemicals are available in liquid, solid, and slurry form. Waterproofing chemicals are further segmented into sheet membranes and liquid applied systems. The end use segments are residential, commercial, and industrial infrastructure development.

With the construction chemical market contributing 9% of global GDP, waterproofing chemical market is set to accelerate its growth in emerging economies including China and India.

With easy availability of raw material and major projects lined up for boosting infrastructure investment, asia pacific is the most profitable market for waterproofing industries. With 26% market share China has overtaken USA in terms of volume. China along with India and other important asia pacific region contributes to half of the global waterproofing market. Asia pacific will see a massive rise in infrastructure owing to China's main focus on infrastructure under its 12th Five Year Plan and the 'Make in India' concept driven by the Indian government. With construction companies flourishing in India due to the rise in skyscrapers and malls, the waterproofing chemical market will gain substantial momentum in the near future. Malaysia is the next potential market for waterproofing chemicals in the asia pacific region. Malaysian government has allocated US$ 23 billion to boost its infrastructure. These potential market will give steady momentum to waterproofing chemicals.

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North America is the third most profitable destination for chemical industries. This market stumbled after the 21st century economic crisis. Since then it has been witnessing a slow recovery in waterproofing industries. High rise skyscrapers and technological advancement will fuel the growth momentum of waterproofing industries in coming years in this region. Chemical industries and marine industries are the other major sectors which will escalate the demand for waterproofing chemicals. Analysing the profitable trend, this market is set to witness key mergers and acquisitions of small and medium-sized enterprises(SME) companies by big business enterprises.

Latin America is the third most profitable destination for waterproofing chemicals market. Being the next Olympic destination and a key member of BRICS, many new infrastructure investments have been lined up in Brazil. This will fuel growth in the waterproofing chemical market. Though, Latin America will be a major destination for chemical industries in near future, CAGR growth will be moderate in comparison to the asia pacific and European markets.

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