Waterproofing is the process in which the structure or the object becomes waterproof and water resistant in order to enable it to remain unaffected by water and resist its ingress. Within this process one can apply sheet products directly to the wall which are available in rubberized asphaltic membranes with polyethylene films. The waterproof coating can also be done using spray on treatments which needs a priming coat and then layers of liquid rubber.
The rising investment in infrastructure development, especially in emerging economies, augments the demand for waterproof coating while driving its market growth. Moreover, rising need for durable product in various sectors owing to highly competitive market further drive the market growth. The expanding automobile and furniture industries do propel the waterproof coating market growth as these coating are used extensively used in such industries. In addition, expanding industrial applications of waterproof coating such as construction activities and chemical applications will augment the market growth in years ahead. However, increasing cost of raw material and strict regulations do hamper the market growth.
Geographically, Asia Pacific region is expected to drive the market on account of intensive industrialisation and expansion of construction and automobile sector. Moreover, factors like rising disposable income coupled with large population base attract international player within this region while augmenting the regional market growth.
Firstly, the report provides a brief introduction of the market and deals with detailed research methodology for calculating market size and forecasts, secondary data sources used and the primary inputs which were taken for data validation. This section also outlines various segmentations which have been covered as part of the report.
Next, the section provides comprehensive market dynamics through an overview section along with growth drivers, challenges, and opportunities which exist in the current market. This section of the report also provides supplier and industry outlook as a whole; key industry, global and regional regulations which are determining the market growth and a brief technological aspect of Waterproof Coating. Complete industry analysis has also been covered by Porter’s five forces model as a part of this report section.
Thirdly, Waterproof Coating Market has been segmented on the basis of application and geography as follows:
Europe Middle East and Africa
Middle East and Africa
Finally, competitive intelligence section deals with major players in the market, their market shares, growth strategies, products, financials, and recent investments among others. Key industry players profiled as part of this section are BASF SE, Polycoat Products, Nanotech Coatings, The Valspar Corporation, NeverWet, LLC., and CHEMISTIK PVT. LTD.