Brazil Waterproofing Market to Grow at a CAGR of 5.4% During 2024-2032, Aided by the Rising Demand for Liquid Membrane from the Construction Industry

The Brazil waterproofing industry is anticipated to be driven by the rising demand for liquid waterproofing membranes, owing to the thriving construction industry in Brazil. The growing population has led to a surge in demand for residential complexes or apartments, where waterproofing is a crucial component to provide safety and security to the family and the content of the house.

The rising trend for eco-friendly waterproofing, better known as green roofing, will likely aid the market in the forecast period. Manufacturers such as Sika (OTCMKTS: SXYAY) have invested in R&D in waterproofing solutions that have minimal impact on the environment. The green roofing eliminates toxicity, reduces energy costs, and removes harmful air particles. Therefore, the rising demand for green roofing is likely to propel market growth in the forecast period. In addition, the increasing awareness about the need for waterproofing, coupled with the rising disposable income of the consumers, is likely to propel the demand for high-quality waterproofing for houses or structures.

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Market Breakup by Types and Applications:

• The market is segmented on the basis of type into the liquid membrane, cementitious membrane, bituminous membrane, and thermoplastic membrane.

• The applications of the product include roofs and balconies, parking decks, tunnel liners, and bridges and highways, among others.

Key Findings of the Report:

• The Brazil waterproofing market is being driven by the rising awareness about the need for waterproofing, growing population, and rising disposable income.

• Due to the thriving construction sector, the rising demand for liquid waterproofing membranes will further aid the market growth.

• The rising innovations and growing R&D activities to produce high-quality waterproofing systems will likely bolster the market.

• The market growth will further be accelerated by the growing trend of green roofing across the globe.

Key Offerings of the Report:

• The EMR report gives an overview of the Brazil waterproofing industry for the periods (2018-2023) and (2024-2032).

• The report also offers historical (2018-2023) and forecast (2024-2032) market information for the types and applications of waterproofing.

• The report analyses the market dynamics, covering the key demand and price indicators in the market, along with providing an assessment of the SWOT and Porter’s Five Forces models.

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