Market insights

Waterproofing Solutions Market size is forecast to reach $42 billion by 2025, after growing at a CAGR of 7.2% during 2020-2025, owning to increasing government investments on infrastructure developments in the Asia Pacific, particularly in India, China, and Indonesia and increasing usage of waterproofing solutions in the mining industry. In addition, increasing waste & water management activities in these countries have also triggered the demand for waterproofing globally. Waterproofing solutions ensures longer durability of structure, hence reduces maintenance cost. Water damage can lead to corrosion of metals, electrical hazards, rotting of timber structures and finishes, plasterboard swelling, and growth of fungus which may lead to health hazards. Therefore, in order to reduce these risks waterproofing usage is increasing. Key Takeaways Increased construction costs, coupled with rising raw materials and labor costs, have led to the implementation of integral waterproofing agent...