WATERPROOFING ADMIXTURE MARKET ANALYSIS

Leading Companies

High initial price is one of the restraining factors for the waterproofing admixture market globally. Mergers and acquisitions, developing innovative portfolio are some of the key strategies adopted by the top players in the global waterproofing admixture industry. BASF has developed new admixture sureTEC (Super Retention Technology) that enables concrete manufacturers to gain control over workability between the batching manufacturing plant and the engagement site for more than two hours in hot weather. In 2016, BASF signed an agreement with Henkel to acquire Henkel’s Western European business of waterproofing and tiling. Some of the companies operating in the global waterproofing admixture market are Dow Corning Corporation, Mapei S.p.A, RPM International, Sika A.G., BASF SE, W.R. Grace, Wacker Chemie A.G, Xypex Chemical Corporation, Fosroc International, Evonik A.G., and Pidilite Industries.

Key Developments

• Key players operating in the global waterproofing admixtures market are adopting various strategies such as new product development, merger & acquisition and partnerships to cater growing consumer demand.
• In April 2016, Sika AG, a company involved in different businesses such as Refurbishment, Sealing, Bonding, and flooring acquired L.M. Scofield Company, a manufacturer of concrete additives to expand its product portfolio.
• In October 2018, Chryso acquired Chemtec Admixtures Ltd. to expand its admixture business in Ireland.