With the expansion of the manufacturing and construction industries, on account of the implementation of favorable policies such as ‘Zero Effect and Zero Defect’ by the governments of several countries, the demand for waterproofing chemicals is surging sharply across the world. Moreover, many regulatory authorities and bodies are enacting several guidelines for curbing the escalating pollution levels and creating a model that incentivizes the construction of green and energy-efficient buildings.
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Due to the above-mentioned factors, the global waterproofing chemicals market is set for lucrative growth in the coming years. Waterproofing chemicals are primarily used for protecting buildings from water seepage, as seepages can drastically reduce the overall lifespan of a building and cause health, metal, and electrical hazards. These chemicals also increase the durability of a structure, when they are applied on the exterior. They also increase the shelf life of concrete structures and reduce the maintenance costs of buildings.
Moreover, the waterproofing chemicals market is predicted to demonstrate the fastest growth in this region in the forthcoming years as well. This will be a result of the rising requirement for compliance with international manufacturing standards, the surging investments being made in infrastructural development projects, and the presence of a large consumer base in the regional countries. In APAC, the sales of these chemicals were the highest in China in the past.
Hence, it can be said without any hesitation that the demand for waterproofing chemicals will shoot up all over the world in the future years, mainly because of the surging number of construction and infrastructural development projects around the world.
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