Concrete Waterproofing Admixtures Is Fastest Growing Segment Fueling The Growth Of Waterproofing Admixture Market
The global Waterproofing Admixture Market is estimated to be valued at US$ 4.66 Bn in 2023 and is expected to exhibit a CAGR of 8.0% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Waterproofing admixtures are increasingly being used for concrete construction projects owing to their advantages such as water repellency, permeability reduction, durability enhancement and freeze-thaw resistance. Being non-toxic and easy to use, waterproofing admixtures are suitable for both residential and commercial constructions. Market key trends: Concrete waterproofing admixtures are emerging as the largest and fastest growing product category in the global waterproofing admixture market. This is majorly attributed to their increased usage in all types of construction projects including bridges, tunnels, basements, structures etc. for enhancing concrete protection. Their ability to self-seal fine cracks up to 0.4mm wide a