Waterproofing Admixtures Market size was over USD 6.9 billion in 2024 and is estimated to reach USD 17.3 billion by the end of 2037, expanding at a CAGR of 8% during the forecast timeline, i.e., 2025-2037. In 2025, the industry size of the waterproofing admixtures is projected to be valued at USD 7.4 billion.
The expansion of the construction industry is driving the demand for effective waterproofing solutions. According to the AGC 2024 report, the total number of construction establishments in the U.S. accounted for more than 91,9000 in early 2023. The surge in new construction each year requires a large amount of building materials including concrete admixtures.
The liability of waterproofing applications has propelled growth in the waterproofing admixtures market. Its wide usage in residential, commercial, and industrial construction prolongs the lifespan of buildings. Their pore-blocking and hydrophobic properties help the concrete to bind faster and act as an insulator for external moisture. Further, encourages construction companies to invest in waterproofing solutions. The production houses are now focusing on availing sustainable options for admixtures. The innovative formulations are successfully complying with environmental safety. For instance, in July 2023, Chryso launched EnviroMix, which can reduce the carbon footprint by 50%.
Growth Drivers
Challenges
Base Year |
2024 |
Forecast Year |
2025-2037 |
CAGR |
8% |
Base Year Market Size (2024) |
USD 6.9 billion |
Forecast Year Market Size (2037) |
USD 17.3 billion |
Regional Scope |
|
Type (Crystalline Admixtures, Pore Blocking Admixtures, Densifier)
The crystalline admixture segment is projected to hold over 45.6% waterproofing admixtures market share by the end of 2037. The multi-functional and cost-effective features of this product are driving the growth of this segment. The waterproofing ability of these admixtures encompasses self-healing and lasting properties. The water-resistant material can be used widely in large construction projects including basements, water tanks, and tunnels. These components fill the voids and cracks in the concrete to improve durability and extend the lifespan of the structures. For instance, in April 2020, Sika launched WT-240 P, which can reduce the concrete permeability of hydraulic structures.
Application (Residential, Commercial, Infrastructure, Industrial)
Based on the application, the residential segment is estimated to generate the highest revenue in the waterproofing admixtures market. The increasing number of projects to build housing complexes in highly populated regions is one of the major reasons for growth factors. A broad range of usage in residential construction demands specially formulated waterproofing solutions. This further engages greater investments from both real-estate developers. Maintenance and water retardance are crucial for houses in moisture-prone areas, which pushes homeowners to spend for these solutions. With the increment in consumer awareness and technological advancements, the diverse residential usage of waterproofing solutions is predicted to multiply.
Our in-depth analysis of the waterproofing admixtures market includes the following segments:
Type |
|
Application |
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APAC Market Statistics
Asia Pacific in waterproofing admixtures market is projected to hold more than 36.4% revenue share by 2037. The rapid urbanization in developing countries such as China, Japan, India, and other Southeast Asia nations is driving the growth. Initiatives taken to elevate living standards are demanding premium-quality construction materials, including waterproofing solutions. Domestic leaders are pushing their R&D to develop more effective and appealing concrete for builders. For instance, in July 2023, Tremco Construction launched Flowscreed Micro for luxurious concrete floors. The durable micro-cement floor topping is designed to blend in with modern architecture. Manufactured in Malaysia, the Flowcrete technology can offer unmatched water resistance while retaining an aesthetic look.
India is presenting lucrative opportunities for the waterproofing admixtures market with its continuously developing construction industry. The new generation of developers is seeking high-quality concrete materials, propelling the growth of water-resistant products. Government initiatives are also playing a vital role in securing a good consumer base for this sector. Issued building safety codes to maintain proper waterproofing and damp restoration are also enhancing the sector. According to the National Building Code, IS 3067, it is necessary to obtain a series of standards for waterproofing and damp proofing on buildings.
Being one of the largest raw material suppliers in the world, China is expected to lead the waterproofing admixtures market. Wide application of water-resistant solutions in large-scale projects including highways and bridges is boosting the demand. The increased population is also forcing the government and individuals to invest in more construction projects. This further inspires international and local industries to offer a variety of waterproofing admixtures as per usage. In June 2024, Sika launched a new plant in Northeast China to produce a broad range of construction products including waterproofing solutions.
North America Market Analysis
The North America waterproofing admixtures market is expected to continue its upward trajectory due to its established real estate industry. The uplifted housing standards of this region surge for elevated designs with smart features. The advanced waterproofing solutions are manufactured to enhance the effectiveness and application methods. This further makes it an essential construction material. The government is now more focused on reducing industrial emissions through innovative admixture formulations. In July 2024, the U.S. Department of Energy established a Cement and Concrete Center of Excellence. Additionally, the plan outlays an investment of USD 9 million to support R&D in producing low-carbon concrete materials. Such initiatives are inflating future development in this market.
The U.S. is projected to experience remarkable growth in the waterproofing admixtures market during the forecast period. This is driven by the rapid expansion in demand for concrete additives. Many global leaders are now showing interest in consolidating their grip in this demanding landscape. In November 2023, Sika increased its production capacity for construction admixtures in this country. This huge manufacturing unit will help Sika to introduce innovative products such as ViscoCrete to console the surging demand.
The increased demand in Canada waterproofing admixtures market is creating greater business opportunities for construction material suppliers. Favorable regulatory strategies regarding construction and industrial developments are fueling the need. The competitive focus on quality and performance is helping companies comply with standards. They are partnering with building material suppliers to spread their products across the country. In November 2022, Dow partnered with ABS Specialty Silicones to distribute its elastomeric waterproof roof coating solutions in the U.S. and Canada.
Besides the pricing and quality, companies are now focusing on developing sustainable alternatives of raw material resources for admixtures. They are slowly but steadily accepting the transition towards bio-based manufacturing components. Many companies have achieved great success in producing such eco-friendly products. The new technology of formulating in the waterproofing admixtures market is evolving the landscape. For instance, in December 2023, Cemex launched a range of bio-based admixtures to reduce the carbon footprint in the concrete mix. The revolutionary formulation can enhance the sustainability attributes by reducing carbon and water usage by 20-30%. Such market dynamics changing key players include:
Author Credits: Rajrani Baghel
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