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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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The major players in the global aircraft thrust reverser market are Saint-Gobain, Grupa Selena, Sika AG, GCP Applied Technologies Inc., and ARDEX Group, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
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