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CONSTRUCTION & WATERPROOFING CHEMICALS
LEAD STORY
& tunnels will drive future growth. Furthermore, increasing awareness benefits such as enhanced strength and integrity and overall
regarding the importance of waterproofing products in construction systems cost reduction. An uptick of construction and building
in developing regions is anticipated to boost product demand. activity augmented by rapid urbanization will offer major impetus
Cement-based structures experience immense damping and to this already impressive growth. Several emerging and existing
erosion due to frequent climatic changes, thereby decreasing trends within the broader construction industry have the potential to
the shelf life of residential and commercial buildings. This makes disrupt the future of construction CAMs. According to Deloitte study,
waterproofing chemicals a necessity as it imparts longer life to it is imperative for companies to not only be aware of how these
the structure. Rising infrastructure development in the Asia Pacific, trends could impact their product demand but also take steps to
particularly in India, China, and Indonesia coupled with growing turn potential challenges into opportunities. The study offers key
awareness regarding durable construction materials is expected trends that will shape the future of construction CAMs:
to fuel demand for waterproofing chemicals.
Moreover, regulatory authorities are aiming to set up guidelines in Technology advances and integration: Use of advanced software
order to curb the rise in pollution levels, and in process aim to create like BIM (Building Information Modeling) and more prevalent use
a model which incentivizes energy efficient and green buildings. of drones, simulations, Augmented Reality, 3D printing, and so
Such initiatives are expected to drive the demand for waterproofing on could mean that construction efficiency will improve while
chemicals. Initiatives taken by governments of developing nations minimizing waste. In one way, this could lead to lower demand for
in order to provide basic infrastructure facilities, such as concrete construction CAMs (because of lower waste generation), but on
based homes, access to proper roads and better irrigation network the other hand, this could open new opportunities for chemicals
will further boost the infrastructure and industrial sector, thus creating companies. For example, because of increasing use of 3D printing
a demand for waterproofing chemicals. The industry also aims in constructing residential dwellings, 3D printing–compatible
to respond to public concerns for manufacturing and usage of chemicals and materials are expected to be in high demand
waterproofing chemicals to control the environmental ramifications and experience higher growth. In fact, bold projections are already
of past practices. made for 3D printing in the construction market. According to one
source, it is projected to touch $40 billion by 2027.
What’s Trending
A variety of chemicals and advanced materials (CAMs) — ranging Sustainability and the circular economy: The buildings and
from concrete admixtures to polymer composites — are being construction industry remains the centrepiece of the global
increasingly used in the buildings and construction industry offering warming puzzle since more than a third of global final energy-
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