Market News
Recent Developments
New product launches
- Sika launched Sikadur-300, a new high strength epoxy bonding agent, in 2021 to drive new construction projects. (Sika is committed to sustainable development and focuses on minimizing risks and resource consumption while generating value in solutions and contributions to stakeholders through its "More Value - Less Impact" strategy)
- BASF introduced MasterLife WP 808, a hydrophobic polycarboxylate waterproofing admixture, in 2020 to prevent water ingress.
- Fosroc International Limited has introduced a new generation of bond breakers that provide enhanced waterproofing and durability in concrete structures
Acquisition and partnerships
- Sika acquired Kreps LLC, a leading manufacturer of concrete repair mortars in the U.S. in 2021, to augment its portfolio.
- BASF acquired 3M's flooring business in 2020 to expand its construction chemicals range.