Waterstops Market: Global Industry Analysis and Forecast (2022-2029)

Waterstops Market size is expected to reach US$ 3.78 Bn. by 2029, growing at a CAGR of 5% during the forecast period.

The report includes an analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.To Know About The Research Methodology :- Request Free Sample Report

Waterstops Market Dynamics:

Waterstops are joint fillers, which are used to prevent the transmission of water through the construction joint. It is mainly used for the waterproofing of concrete structures like tunnels, water treatment facilities, water reservoirs, marine structures, and sewage treatment facilities.

The Waterstops material is playing an important role in waterproofing concrete structures, mainly joints. The rapid industrialization in developing economies and developments in the construction industries are expected to boost the global waterstops market growth. On the other hand, lack of consumer awareness, and high capital investment are some of the factors that are expected to limit the global waterstops market growth.
Waterstops Market Segment Analysis:
In the market, Waterstops are available in different types, sizes, and shapes. The most widely used water stops are made from PVC. They are flexible and strong in the formation. It can be installed in virtually any condition like rainy and wet conditions. The PVC Waterstops segment is expected to contribute xx% share in the global water stops market during the forecast period. The PVC material water stops offer some properties like elongation capabilities, high tensile strength, and resistance to ozone, acids, alkalis, and other chemicals that are expected to increase its adoption. Furthermore, some of the new materials like asphalt, myriad metal, hydrophilic materials with different compositions are also commonly used for the production of water stops that well suits the various application in the construction sector.
Waterstops Market Regional Insights:
The Asia Pacific region is projected to grow at an xx% rate of CAGR during the forecast period. In the region, much progress has been made in infrastructure development across the developing economies. A requirement to provide adequate facilities, population growth and rapid expansion of the construction industry are some of the driving factors behind the global water stops market. End users are focusing on the high adoption of the water stops because of its need for an array of application areas like water reservoirs and canals, bridges and tunnels, storage tanks across the region. The construction industry in the Asia Pacific is expected to grow at a more than 10% rate of CAGR that will also drive the water stops market.

Waterstops Market Competitive Analysis:

The rapid changes in construction activities are creating new challenges for market participants. The leading key players are demonstrating substantial changes in their strategies. The major companies are investing heavily in the water stops material activities and establishing new warehouses to enable the increasing demand. Key players are trying to focus on innovative product development of new water stop which helps to increase the durability of water stop. The detailed analysis has been covered in the report.

The objective of the report is to present a comprehensive analysis of the Global Waterstops Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market has been presented in the report.

External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding Global Waterstops Market dynamics, structure by analyzing the market segments and projects the Global Waterstops Market size. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Waterstops Market make the report investor’s guide.
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Global Waterstops Market


Report Coverage
Details


Base Year:
2021
Forecast Period:
2022-2029


Historical Data:
2017 to 2021
Market Size in 2021:
US $ 2.55 Bn.


Forecast Period 2022 to 2029 CAGR:
5%
Market Size in 2029:
US $ 3.78 Bn.


 Segments Covered:
by Application
• Industrial
• Residential
• Others


by Type
• External Waterstops
• Internal Waterstops
• Expansion Waterstops


by Material
• PVC Waterstops
• Rubber Waterstops
• Metal Waterstop
• Others



 Waterstops Market, by Region:
• North America (United States, Canada and Mexico)
• Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
• Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
• Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
• South America (Brazil, Argentina Rest of South America)
 Waterstops Market Key Players:
• Fosha Nanhai Fufujing Plastic and Hardware Co., Ltd.
• Trelleborg Ridderkerk BV
• JP Specialities, Inc.
• Emagineered Solutions Inc.
• Henry Company
• CE Constryuction Slotuions
• Mapei Construction Products India Pvt. Ltd.
• BoMetals ,Inc.
• Greenstreak Group, Inc.
• Visqueen Buildings Products
• Hengshui Jingtong Rubber Co., Ltd.
• Krystol Group
• TPH
• Concrete Plus
• Kanta Rubber Pvt. Ltd.
• Sika AG (Switzerland)
• BITUMAT
• Western Leader Ltd.
• Fosroc
• Canzac
• W.R. Meadows, Inc.
• Others

Frequently Asked Questions:

1. Which region has the largest share in Global Waterstops Market?
Ans: Asia Pacific region held the highest share in 2021.

2. What is the growth rate of Global Waterstops Market?
Ans: The Global Waterstops Market is growing at a CAGR of 5% during forecasting period 2022-2029.

3. What is scope of the Global Waterstops market report?
Ans: Global Waterstops Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.

4. Who are the key players in Global Waterstops market?
Ans: The important key players in the Global Waterstops Market are – Fosha Nanhai Fufujing Plastic and Hardware Co., Ltd., Trelleborg Ridderkerk BV, JP Specialities, Inc., Emagineered Solutions Inc., Henry Company, CE Constryuction Slotuions, Mapei Construction Products India Pvt. Ltd., BoMetals ,Inc., Greenstreak Group, Inc., Visqueen Buildings Products, Hengshui Jingtong Rubber Co., Ltd., Krystol Group, TPH, Concrete Plus, Kanta Rubber Pvt. Ltd., Sika AG (Switzerland), BITUMAT, Western Leader Ltd., Fosroc, Canzac, W.R. Meadows, Inc., and Others

5. What is the study period of this market?
Ans: The Global Waterstops Market is studied from 2021 to 2029.