The growing use of quality construction materials in buildings and high demand from the hospitality industry is expected to drive the demand for the global damp proof course market in the forecast period, 2023-2027.
According to TechSci Research report, “Damp Proof Course Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027”, the global damp proof course market is anticipated to grow at a steady rate in the forecast period, 2023-2027. Increasing applications of the damp proof course in different end-use industries and the high demand from developing countries are the primary factors driving the growth of the global damp proof course market. A damp proof course is an important layer that is used in all buildings near the ground in the wall to prevent dampness in the buildings. It is a protective barrier against dampness rising up the building walls. The type of damp proof course installed depends on the type of property. There are different causes of dampness in the building, such as the use of poor materials during building construction, inappropriate or faulty building design, and construction by unskilled labor, amongst others. Therefore, to improve the quality of living and reduce the chances of damping in buildings which adversely affects the building structure, the demand for the global damp proof course market is expected to grow at a significant rate in the coming years.
However, the availability of alternate solutions may hinder the global damp proof course market growth over the forecast period.
Browse over XX market data Figures spread through 110 Pages and an in-depth TOC on " Global Damp Proof Course Market"
The global damp proof course market is segmented method, material, end user, regional distribution, and competitive landscape.
Based on the method, the global damp proof course market is divided into electro-osmotic, chemical damp, pressure grouting, membrane, integral, and cavity wall. The electro-osmotic segment is expected to account for significant market share over the forecast period, 2023-2027. This method finds application in buildings having rubble-filled wings, random stone walls, and low-level timber floors. Upon installing the osmosis damp proofing system starts to work immediately, and the users can select the preferred option of damp proofing with an electronic voltage regulator having a digital read-out and allowing ongoing monitoring of the osmosis damp proof course.
Based on material, the global damp proof course market is divided into flexible and rigid. The flexible segment is expected to hold the dominant market share over the next five years. Flexible materials do not crack and deform their shape when subjected to loading. The flexible segment is further divided into mastic asphalt, bitumen felts, hot laid bitumen, and metal sheets. Mastic asphalt consists of asphalt or bitumen mixed with fine sand in a hot state to form an impervious mass. It is highly consistent, which allows them to spread to the depth of 2.5cm to 5cm, which sets on cooling. Bitumen felts consist of a 6mm thick sheet of bitumen having a width equal to that of a brick wall and is prepared in rolls. Hot laid bitumen is used on a bedding of mortar or cement concrete. Metal sheets are made up of copper and aluminum and lead to prevent dampness in infrastructure, but they are expensive compared to their other counterparts.
Based on end user, the global damp proof course market is divided into residential and non-residential. The residential segment is expected to capture the highest market share in the forecast period. Damp is a common concern among the residents living in older buildings. Rapid urbanization, increased expenditure capacity of consumers, and the willingness of consumers to remodel their existing building structures to increase their life are expected to fuel the demand for the global damp proof course market over the next five years.
Major market players operating in the global damp proof course market are:
- Richardson & Starling
- Peter Cox
- Wise Property Care
- Protectahome Ltd.
- Safeguard Europe Ltd.
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“The Asia-pacific region dominates the market and is expected to maintain its dominance over the next five years, 2023-2027. The rise in high-quality construction and the ongoing infrastructure development activities in emerging economies like China and India are driving the market demand in the region. Favorable government policies support the construction industry, and the strong economic growth further influences the market growth in the coming years. Also, the advent of new technologies in the construction industry to increase the quality of the buildings and the use of online platforms by the market players to reach more customers is expected to propel the global damp proof course market growth till 2027” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
Press Release : https://www.techsciresearch.com/news/7679-damp-proof-course-market.html
“Damp Proof Course Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027, Segmented By Method (Electro-Osmotic, Chemical Damp, Pressure Grouting, Membrane, Integral, Cavity Wall), By Material (Flexible, Rigid), By Flexible Material (Mastic Asphalt, Bitumen Felts, Hot Laid Bitumen, Metal Sheets), By Rigid Material (Rich Concrete, Mortar, Bricks, Slates), By End User (Residential, Non-Residential), and By Region”, has evaluated the future growth potential of global damp proof course market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in global damp proof course market.
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