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Waterproofing Systems Market by Type, Application, and Region - Global Forecast to 2025

DUBLIN, Oct. 19, 2020 /PRNewswire/ -- The "Waterproofing Systems Market by Type (Waterproofing membranes, Waterproofing Chemicals, and Integral Systems), Application (Building Structure, Roofing & Walls, Roadways, Waste & Water Management), and Region - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.The global waterproofing systems market size is projected to reach USD 72.0 billion by 2025 at a CAGR of 6.4%.
The growing demand for cost-effective and efficient materials, along with the increasing demand for waterproofing systems in the construction industry of the emerging countries, is driving the demand for waterproofing systems. The industrial development in emerging countries and the growing demand for environment-friendly waterproofing systems have created a growth opportunity for the market. However, the potential health and environmental issues pertaining to certain waterproofing systems are hampering the growth of the market. The fluctuation in raw material prices is creating a challenge for the waterproofing systems market. Growing requirements for water management in emerging economies is also creating opportunities for the waterproofing systems market.The integral systems type segment to register the fastest growth during the forecast period.Integral systems are generally waterproofing admixtures, which are porous materials that absorb water and water-borne contaminants. Integral systems can be faster to apply, cheaper, and more reliable than coating and membrane. These systems prevent the degradation of concrete structures. They increase the durability of the structure and also reduce maintenance costs. These are applied to roofs, basements, walls, as well as can be applied to different locations based on climatic conditions and structural requirements.
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