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Waterproofing Admixture Market

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Waterproofing Admixture Market report categorizes global market by product type, and application - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2016–2024
Waterproofing Admixture Market Global Industry Insights, Trends,
Outlook, 2016–2024
Waterproofing admixture reduces the permeability of concrete hence making it
waterproof. Waterproofing admixture consists of water-repellent or hydrophobic
chemicals that are derived from soaps, vegetable oils, fatty acids and petroleum. These
materials when mixed with concrete form a water-repellent layer alongside pores in the
concrete, thus increasing the water resistance. Integral waterproofing offers various
advantages increased durability during backfill, resistance to delamination, and
decomposition. The demand for waterproofing admixtures is from new construction and
also from maintenance and repair activities.
As compared to the conventional waterproofing systems, crystalline waterproofing
admixture offer various advantages such as easy handling and transportation, easy use
in powdered or crystalline form and comparatively cheap. Waterproofing admixtures
have various applications such as foundations, water tanks, underground vaults,
sewage and water treatment plants, water reservoirs, precast components, secondary
containment structures, tunnel and subway systems, parking structures and swimming
pools. High versatility and wide application of the product creates a highly conducive
environment for growth of the waterproofing admixture market.
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Crystalline waterproofing admixtures are hydrophilic in nature and occur in a dry and
powdered form. Crystalline systems prevent concrete damage by using available water
to grow crystals within concrete, effectually closing off conduits for moisture. Crystalline
waterproofing admixtures block water from all directions making the concrete itself a
water barrier. On demolition the concrete can be recycled completely as no VOCs are
used in manufacturing. Hydrophobic admixtures are available in liquid form and contain
oil, stearates, hydrocarbons, and other long-chain derivatives of fatty acids.
Waterproofing admixtures provide various advantages such as reduced penetration of
water and other liquids, sealing against hairline cracks, resistance for positive and
negative side hydrostatic pressure, and protection against industrial and sewage
wastes. Crystalline admixtures are self-healing that enables them to automatically seal
cracks of concrete structures up to half a millimeter wide. This makes admixtures
valuable on large concrete pours, as waterproofing of cold joints is facilitated with no
additional treatment.
Waterproofing Admixture Market Outlook – Increasing Demand for Durable and
Waterproof Materials Expected to Boost Demand
Increasing demand for waterproof products in the construction industry is one of the
major factors boosting the growth of waterproofing admixture market. Asia Pacific is one
of the major contributors in the market. This mainly attributed to the rapidly growing
urbanization and modern infrastructural needs in the emerging economies such as India
and China in the region. In 2016, the construction industry in China exhibited a growth
of 17% which was greater than 5% as compared to 2015. According to India Brand
Equity Foundation (IBEF)—part of the Department of Commerce, Ministry of Commerce
and Industry, Government of India—the Indian construction industry is expected to grow
to US$ 5 billion by 2022. From April 2000 to March 2016 the infrastructure and
construction development in India received foreign direct investment valued at US$
25.19 billion. This trend is expected to be followed over the forecast period
(2016–2024).
High initial price is one of the restraining factors for the waterproofing admixture market
globally. Mergers and acquisitions, developing innovative portfolio are some of the key
strategies adopted by the top players in the global waterproofing admixture industry.
BASF has developed new admixture sureTEC (Super Retention Technology) that
enables concrete manufacturers to gain control over workability between the batching
manufacturing plant and the engagement site for more than two hours in hot weather. In
2016, BASF signed an agreement with Henkel to acquire Henkel’s Western European
business of waterproofing and tiling. Some of the companies operating in the global
waterproofing admixture market are Dow Corning Corporation, Mapei S.p.A, RPM
International, Sika A.G., BASF SE, W.R. Grace, Wacker Chemie A.G, Xypex Chemical
Corporation, Fosroc International, Evonik A.G., and Pidilite Industries.
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