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%.
Author Credits: Rajrani Baghel
Copyright © 2024 Research Nester. All Rights Reserved
FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.
Have questions before ordering this report?