The global Waterproof Coating Market Growth Accelerated by Growing Demand from Construction Industry
Waterproof coatings are widely used for protection of buildings, apartments, infrastructure such as bridges, tunnels and others from damaging effects of water and moisture. They provide long lasting water resistance as well as protect concrete and masonry surfaces from degradation. Increasing construction of residential and commercial infrastructure globally is expected to drive the demand for waterproof coatings. The global Waterproof Coating Market is estimated to be valued at US$ 17.13 billion in 2024 and is expected to exhibit a CAGR of 4.1% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: One of the key trends driving the growth of the global waterproof coating market is growing construction of green buildings. Green building involves use of processes that are environmentally responsible and resource-efficient throughout a building's life-cycle. Waterproofing plays a crucial role in gr...