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Latin America Construction Industry, Growing at a CAGR of 9.2% between 2020-2025, to Aid Latin America Waterproofing Market

According to a new report by EMR titled, ‘Latin America Waterproofing Market Report and Forecast 2020-2025’, the Latin America waterproofing market is projected to grow in the forecast period of 2020-2025, propelled by the growing construction market. The global construction market is expected to increase by 85% to reach a value of USD 15.5 trillion by 2025.

Waterproofing forms an impermeable barrier against water, chemical and other harmful elements that can cause structural damage to buildings and other infrastructure. They are extensively used to waterproof various infrastructure segments like roofs, parking decks, bridges, highways and tunnel liners, among others. It protects the integral parts of these elements which are most susceptible to damage. Liquid waterproofing membranes are widely preferred due to being a highly effective and cost-efficient solution.

The Latin America waterproofing market is led by the growth in the infrastructure and construction sector in the region aided by various government schemes. With the population expected to increase in the coming years, greater investments in infrastructure by both public and private players and rising urbanisation, new construction projects are planned to meet the needs of the people.

Brazil, Colombia, and Argentina are the major waterproofing markets in the region. In Colombia, the construction sector is aided not just by government investments but also by various public-private partnerships on infrastructure projects. The country is supposed to see infrastructure investments up to USD 25 billion by 2025. In 2016, Argentina’s President Mr. Mauricio Macri announced plans for the development of infrastructure and social housing which has been driving the infrastructure and construction market in the region, while also providing an impetus to the waterproofing market in the region.

Market Analysis by Type, Application, and Countries:

  • The waterproofing market is categorised as liquid, cementitious, bituminous and thermoplastic membranes (PVC, others) among others. 
  • The liquid membranes are further divided into bituminous coating, polyurethane membrane, epoxy and acrylic waterproofing materials.
  • Roofs and balconies, parking deck, tunnel liners, and bridges and highways are the major application segments for the waterproofing market.
  • Brazil, Argentina, Mexico, Colombia, Chile and others are the major Latin America waterproofing market covered in the region.

Key Findings of the Report:

  • The global waterproofing market is being driven by rising demand from the construction and infrastructure industry.
  • The waterproofing market is seeing a growing demand from application sectors like mining, and water and waste management industries.
  • Growing urbanisation and rising disposable income in countries like Brazil, Colombia, Venezuela and Argentina is driving the Latin America waterproofing market.
  • Brazil is a leading market in the region with various product related innovations taking place in the country.

Key Offering of the Report:

  • The report by EMR provides a regional historical (2015-2019) and forecasted (2020-2025) market analysis of the Latin America waterproofing market.
  • The report gives a detailed insight into the regional performance by application for the periods 2015-2019 and 2020-2025. 
  • It also gives the installation cost by waterproofing material types.
  • The EMR report offers a detailed region-wise historical (2015-2019) and forecast (2020-2025) price analysis.

BASF SE, DowDuPont Inc., Wacker Chemie AG, Akzo Nobel N.V., Evonik Industries AG., Sika AG, W.R. Grace & Co., Arkema S.A., Pidilite Industries Limited, Betumat Quimica Ltda., Viapol Ltda., Megaflex S.A, IMPAC Group, and Diransa San Luis S.A, are the major players in the Latin America Waterproofing Market. The EMR report provides a comprehensive view of the latest developments in the competitive landscape of the Latin America waterproofing industry including mergers and acquisitions, plant turnarounds and capacity expansions.

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Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

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