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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.
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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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