Waterproofing admixture market is experiencing as MC-Bauchemie launch new crystalline waterproofing of concrete

 

Growing demand for waterproof products from the construction industry is predominantly propelling the growth of the waterproofing admixture market. So rise in the construction industry especially in the Asia Pacific region is augmenting the growth of the market. According to the India Brand Equity Foundation, India is expected to become the third-largest construction market globally by 2022. India plans to spend US$ 1.4 trillion on infrastructure projects through the National Infrastructure Pipeline (NIP), from 2019 to 2023, to ensure sustainable development in the country. The increasing focus of key players to adopt various growth strategies is again accelerating the growth of the waterproofing admixture market. For instance, in October 2018, Chryso acquired Chemtec Admixtures Ltd. to expand its admixture business in Ireland.

In April 2021, MC-Bauchemie launches new product line for the crystalline waterproofing of concrete. Centrament Proof C is a new range consisting of the two admixtures Centrament Proof CL 1 and Centrament Proof CP 10, both formulated for the waterproofing of concrete through crystallization

In April 2020, Sika announced the launch of two core product technologies in permeability reducing admixtures - hydrophilic crystalline and hydrophobic pore blocking

The Asia Pacific is expected to hold a dominant position in the global waterproofing admixture market owing to the rapid urbanization in the region. According to the United Nation, Asia-Pacific is now dominantly urban — more than half the region’s population in 2019 live in cities and towns. The region’s urban population exceeded 2.3 billion, comprising 54 percent of all urbanites on the planet. The region’s number of urban dwellers is expected to rise to more than 2.8 billion in 2030 and reach nearly 3.5 billion in 2050.

A waterproofing admixture is a mixture of resins, concrete mix, and grouts that are used in order to create a substance that is impervious to moisture, chemicals, fuels, saltwater, biodegradable liquids, fungi, bacteria, and other contaminants that can cause damage to concrete structures. These materials can also help prevent the growth of mold or other biological hazards that can be detrimental to the health and safety of employees and the public. Waterproofing can be an expensive endeavor, however, so it is important that these issues are addressed as soon as possible. In this article, we will discuss how the right waterproofing admixture can save a business or organization thousands of dollars per year.