Focus on quality
Waterproofing is an important aspect of construction as it imparts a longer life to the structure
The construction industry in the UAE is growing rapidly to meet the needs of infrastructural development. This has led to the growth of the waterproofing chemicals market, as the demand from various end-use industries, including building and construction of residential and commercial buildings is on the rise.
Waterproofing chemicals are a class of chemicals that inhibit the permeability of water or moisture to interior or exterior surfaces of wide range of materials, e.g. cebreathable ment/concrete walls, fabrics, leather articles, paper, electronic goods, etc. It is applied mainly in the form of sheet membranes, sprays and coatings.
Cement-based structures can experience erosion due to frequent climatic changes, such as the rains that took place earlier this year, thereby decreasing the shelf life of buildings. This makes waterproofing an important aspect of construction as it imparts longer life to the structure. They are also used in the textile and fabrics industry for large-scale production of waterproof and fabrics.
Reportedly, global waterproofing chemicals market is estimated to witness high growth on account of increasing applications in geomembranes and water management.
A Business Wire report highlights that the increasingly changing trend of people wanting homes that are completely waterresistant is believed to be the primary factor for significant increase in the demand of waterproofing chemicals.
The pricing of waterproofing materials usually depends on the company manufacturing the product, which associates the brand name with that product at competitive prices. The report said that the construction companies are increasingly shifting their focus from smaller brand waterproofing chemicals to significantly valued and branded waterproofing chemicals. Therefore, the prices as well as the quality are some of the key factors that are kept in mind while determining the final purchase.
According to a report by Allied Market Research, the Asia-Pacific leads the waterproofing chemicals market followed by North America and Europe. The increase can be attributed to the rise in demand of waterproofing chemicals by the end user industries such as construction and various technological developments such as increased R&D activities, expansion, and acquisition in the Asia-Pacific region. Improvement in the quality of construction increases the demand for the waterproofing chemicals from the end users. Also, the cost-effectiveness of the construction process drives the growth of the waterproofing chemicals market. However, factors such as fluctuations in raw material prices are some factors that might restrain the market growth, the report highlighted.
Polypropylene and bitumen are some of the key raw materials used for the manufacturing process. According to reports, the polymer waterproofing membrane market size is all set to globally generate over $5 billion in business by 2024. One company that is renowned for offering high quality standards is Walton Waterproofing, a Dubai-based company, established in 2006. It is known for providing industryleading solutions to contractors, consultants and end users. The company has completed 1,200 projects ranging from small private swimming pools to large airline hangars. It offers high-quality products and complies with ASTM C1029 - 15 Standard Specifications for its roof insulation products and has implemented ISO 9001:2015 Quality Management Systems.
The development of waterproofing chemical composites with improved longevity is estimated to have immense future growth prospects for the market. Furthermore, manufacturing companies are initiating technology innovation for new product development to provide better planning, overall concrete protection, and cost reduction, which further stimulate industry growth. Concerns over water and waste management could also drive growth. — supplements@khaleejtimes.com