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U.S. Waterstop Market by Material, Application, and End Use : Opportunity Analysis and Industry Forecast, 2020–2027

U.S. Waterstop Market by Material, Application, and End Use : Opportunity Analysis and Industry Forecast, 2020–2027

  • May 2021
  • 112 pages
  • ID: 6102761
  • Format: PDF
  • Allied Market Research

Summary

Table of Contents

U.S. Waterstop Market by Material (Polyvinyl Chloride (PVC), Rubber, Metals, and Others), Application (Walls, Water Tanks, Tunnels, Parking Structure, and Others), and End Use (Residential, Commercial, and Industrial): Opportunity Analysis and Industry Forecast, 2020–2027

The U.S. waterstop market was valued at $750.6 million in 2019, and is projected to reach $983.5 million by 2027, growing at a CAGR of 4.9% from 2020 to 2027.
Waterstop is the filler used in construction joints to stop water leakage from construction joints. Waterstops are made up of materials including polyvinyl chloride, rubber, galvanized steel, copper, and others. The selection of waterstops is based on the type of construction and its application. It provides various advantages including high life cycle, excellent tensile strength, chemical resistance, and others. Waterstops are basically used in the construction structures such as basement walls, tunnels, subways, canals, spillway walls, basement slabs, water tanks, and other water retaining structures.
Increase in demand for clean water for municipal/industrial applications is expected to drive the demand for building and construction of dams, water tanks, and other water storage structures, which further fuel the growth of the waterstop market during the forecast period. In addition, rise in building & construction of warehouses, owing to rapid growth of the commerce sector is anticipated to fuel the market growth in the upcoming years. However, lack of consumer awareness, regulations, and high cost associated with waterstops is the key factor projected to hamper the market growth during the forecast period. On the contrary technological advancements toward sustainability of waterstop products is expected to create opportunity for key players in the U.S. waterstop market.

The U.S. waterstop market is segmented on the basis of material, application, and end use. Depending on material, the market is categorized into polyvinyl chloride (PVC), rubber, metals, and others. On the basis of application, it is divided into walls, water tanks, tunnels, parking structure, and others. The end uses covered in the study include residential, commercial, and industrial.

KEY BENEFITS FOR STAKEHOLDERS
? The report includes in-depth analysis of different segments and provides market estimations between 2020 and 2027.
? A comprehensive analysis of the factors that drive and restrict the growth of the U.S. waterstop market is provided.
? Porter’s five forces model illustrates the potency of buyers & sellers, which is estimated to assist the market players to adopt effective strategies.
? Estimations and forecast are based on factors impacting the U.S. waterstop market growth, in terms of value.
? The key market players are profiled to gain an understanding of the strategies adopted by them.
? This report provides a detailed analysis of the current trends and future estimations from 2020 to 2027, which help to identify the prevailing market opportunities.


KEY MARKET SEGMENTS

By Material
• Polyvinyl Chloride (PVC)
• Rubber
• Metal
• Others

By Application
• Walls
• Water Tanks
• Tunnels
• Parking Structures
• Others

By End Use
• Residential
• Commercial
• Industrial


KEY MARKET PLAYERS
• BoMetals, Inc.
• GCP Applied Technologies, Inc.
• Henry Company
• JP Specialties, Inc.
• Minerals Technologies, Inc.
• Sika AG
• Trelleborg AB
• West American Rubber Company, LLC
• Williams Products, Inc.
• W.R. Meadows, Inc.
Other players operating in the value chain of the U.S. waterstop market are Durajoint, OCM, Inc., TegraSeal Products, Inc., Maccaferri, Inc., and others.

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