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 size 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 a waterproof element used in construction joints of concrete structures to obstruct the movement of water through those joints. It provides various advantages, including high flexibility, elasticity, tensile strength, bearing hydrostatic pressure, excellent durability, and others. Waterstops are used in various construction structures such as dams, tunnels, canals, aqueducts, water treatment facilities, storage tanks, foundations, parking structures, and others. In the U.S., there is rise in investment toward building municipal water treatment infrastructures to provide clean water to residential consumers, which in turn is expected to drive the growth of the waterstop market during the forecast period.

The growth of the U.S. waterstop market is driven by rise in building & construction of water infrastructure, transport infrastructure, residential & commercial building, and other constructions in the country. However, high cost associated with the waterstop along with lack of awareness toward using waterstop in construction applications is expected to restrain the market growth in the upcoming years. On the contrary, advantages of using waterstop as waterproofing material and technological advancements toward production of waterstops using eco-friendly materials are anticipated to create lucrative opportunity for the key players in the U.S. waterstop market.

The U.S. waterstop market is segmented on the basis of material, application, and end use. The study highlights various types of materials used in the production of waterstop available in the market such as polyvinyl chloride (PVC), rubber, metals, and others. On the basis of application, the report includes revenue generated through applications such as walls, water tanks, parking structures, tunnels, and others. The end uses covered in the study include residential, commercial, and industrial.

The key players operating in the U.S. waterstop market are 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., and 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.

The U.S. waterstop market is analyzed and estimated in accordance with the impacts of the drivers, restraints, and opportunities. The period studied in this report is 2020–2027. The report includes the study of the U.S. waterstop market with respect to the growth prospects and restraints based on the regional analysis. The study includes Porter’s five forces analysis of the industry to determine the impact of suppliers, competitors, new entrants, substitutes, and buyers on the market growth.

By material, the polyvinyl chloride (PVC) segment held the largest U.S. waterstop market share in 2019. This is attributed to rise in demand for polyvinyl chloride (PVC) waterstops from construction structures such as walls, tunnels, water tanks, dams, and other structures. In addition, increase in building and construction of transport infrastructure, marine infrastructure, and water infrastructure is anticipated to fuel the growth of the U.S. waterstop market during the forecast period.

On the basis of application, the water tanks segment dominated the U.S. waterstop market in 2019, in terms of share, owing to rise in building & construction of water infrastructures including water treatment plants, swimming pools, dams, municipal water tanks, and other water structures. Moreover, rise in demand for water in end-uses such as residential, commercial and industrial is expected to increase demand for storing water which in turn is projected to fuel the growth of the waterstop market in the upcoming years.

By end use, the commercial segment dominated the highest share in the U.S. waterstop market in 2019 and is expected to maintain the same during the forecast period. This is attributed to rise in investment toward building transport infrastructure, water treatment plants, fuel terminals, and other commercial infrastructure. In addition, rapid urbanization owing to rise in population resulted in an increase in demand for commercial and public facilities, which in turn is expected to drive the demand for waterstops during the forecast period.

Lockdown imposed due to the outbreak of the COVID-19 pandemic has resulted in a temporary ban on import and export; thereby, disrupting the supply chain and hampering the waterstop market growth in the second, third, and fourth quarter of 2020. However, the market is expected to recover in the late year or by the first quarter of 2021 as the production of waterstop and building & construction activities in the country begins.

TABLE OF CONTENT

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology

1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Key findings
2.2.CXO perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Key forces shaping the market
3.3.Value chain analysis
3.4.Top investment pockets
3.5.Patent analysis

3.5.1.By region, 2013–2020

3.6.Market dynamics

3.6.1.Drivers

3.6.1.1.Increase in demand for clean water for municipal/industrial applications
3.6.1.2.Rise in building & construction of warehouses

3.6.2.Restraints

3.6.2.1.Lack of consumer awareness, regulations, and high cost associated with waterstop

3.6.3.Opportunity

3.6.3.1.Advantages of using waterstops in the construction

3.7.Impact of government rules and regulations

3.7.1.Government regulations on waterstops or materials used in it

3.8.Impact of COVID-19 outbreak on the market
3.9.Market share analysis, 2019

CHAPTER 4:U.S. WATERSTOP MARKET, BY MATERIAL

4.1.Overview

4.1.1.Market size and forecast

4.2.Polyvinyl chloride (PVC)

4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Pros/cons

4.2.2.1.Pros
4.2.2.2.Cons

4.2.3.Market size and forecast, 2019-2027 ($Million)

4.3.Rubber

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Pros/cons

4.3.2.1.Pros
4.3.2.2.Cons

4.3.3.Market size and forecast, 2019-2027 ($Million)

4.4.Metal

4.4.1.Key market trends, growth factors, and opportunities
4.4.2.Pros/Cons

4.4.2.1.Pros
4.4.2.2.Cons

4.4.3.Market size and forecast, 2019-2027 ($Million)

4.5.Others

4.5.1.Key market trends, growth factors, and opportunities
4.5.2.Pros/cons

4.5.2.1.Pros
4.5.2.2.Cons

4.5.3.Market size and forecast, 2019-2027 ($Million)

CHAPTER 5:U.S. WATERSTOP MARKET, BY APPLICATION

5.1.Overview

5.1.1.Market size and forecast

5.2.Walls

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Pros/cons

5.2.2.1.Pros
5.2.2.2.Cons

5.2.3.Market size and forecast, 2019-2027 ($Million)

5.3.Water tanks

5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Pros/cons

5.3.2.1.Pros
5.3.2.2.Cons

5.3.3.Market size and forecast, 2019-2027 ($Million)

5.4.Tunnels

5.4.1.Key market trends, growth factors, and opportunities
5.4.2.Pros/cons

5.4.2.1.Pros
5.4.2.2.Cons

5.4.3.Market size and forecast, 2019-2027 ($Million)

5.5.Parking structures

5.5.1.Key market trends, growth factors, and opportunities
5.5.2.Pros/cons

5.5.2.1.Pros
5.5.2.2.Cons

5.5.3.Market size and forecast, 2019-2027 ($Million)

5.6.Others

5.6.1.Key market trends, growth factors, and opportunities
5.6.2.Pros/cons

5.6.2.1.Pros
5.6.2.2.Cons

5.6.3.Market size and forecast, 2019-2027 ($Million)

CHAPTER 6:U.S. WATERSTOP MARKET, BY END USE

6.1.Overview

6.1.1.Market size and forecast

6.2.Residential

6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast, 2019-2027 ($Million)

6.3.Commercial

6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, 2019-2027 ($Million)

6.4.Industrial

6.4.1.Key market trends, growth factors, and opportunities
6.4.2.Market size and forecast, 2019-2027 ($Million)

CHAPTER 7:COMPETITIVE LANDSCAPE

7.1.Introduction

7.1.1.Market player positioning, 2019

7.2.Product mapping of top 10 players
7.3.Competitive heatmap

CHAPTER 8:COMPANY PROFILES

8.1.BOMETALS, INC.

8.1.1.Company overview
8.1.2.Company snapshot
8.1.3.Product portfolio

8.2.GCP APPLIED TECHNOLOGIES, INC.

8.2.1.Company overview
8.2.2.Company snapshot
8.2.3.Operating business segments
8.2.4.Product portfolio
8.2.5.Business performance

8.3.HENRY COMPANY

8.3.1.Company overview
8.3.2.Company snapshot
8.3.3.Product portfolio

8.4.JP SPECIALTIES, INC.

8.4.1.Company overview
8.4.2.Company snapshot
8.4.3.Product portfolio

8.5.MINERALS TECHNOLOGIES, INC.

8.5.1.Company overview
8.5.2.Company snapshot
8.5.3.Operating business segments
8.5.4.Product portfolio
8.5.5.Business performance

8.6.SIKA AG

8.6.1.Company overview
8.6.2.Company snapshot
8.6.3.Product portfolio
8.6.4.Business performance

8.7.TRELLEBORG AB

8.7.1.Company overview
8.7.2.Company snapshot
8.7.3.Operating business segments
8.7.4.Product portfolio
8.7.5.Business performance

8.8.WEST AMERICAN RUBBER COMPANY, LLC

8.8.1.Company overview
8.8.2.Company snapshot
8.8.3.Product portfolio

8.9.WILLIAMS PRODUCTS, INC.

8.9.1.Company overview
8.9.2.Company snapshot
8.9.3.Product portfolio

8.10.W.R. MEADOWS, INC.

8.10.1.Company overview
8.10.2.Company snapshot
8.10.3.Product portfoli

LIST OF TABLES & FIGURES

TABLE 01.U.S. WATERSTOP MARKET, BY MATERIAL, 2019–2027 ($MILLION)
TABLE 02.U.S. WATERSTOP MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 03.U.S. WATERSTOP MARKET, BY END-USE, 2019–2027 ($MILLION)
TABLE 04.BOMETALS, INC.: COMPANY SNAPSHOT
TABLE 05.BOMETALS, INC.: PRODUCT PORTFOLIO
TABLE 06.GCP: COMPANY SNAPSHOT
TABLE 07.GCP: OPERATING SEGMENTS
TABLE 08.GCP: PRODUCT PORTFOLIO
TABLE 09.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 10.HENRY COMPANY: COMPANY SNAPSHOT
TABLE 11.HENRY COMPANY: PRODUCT PORTFOLIO
TABLE 12.JP SPECIALTIES, INC.: COMPANY SNAPSHOT
TABLE 13.JP SPECIALTIES, INC.: PRODUCT PORTFOLIO
TABLE 14.MINERALS TECHNOLOGIES, INC.: COMPANY SNAPSHOT
TABLE 15.MINERALS TECHNOLOGIES, INC.: OPERATING SEGMENTS
TABLE 16.MINERALS TECHNOLOGIES, INC.: PRODUCT PORTFOLIO
TABLE 17.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 18.SIKA AG: COMPANY SNAPSHOT
TABLE 19.SIKA AG: PRODUCT PORTFOLIO
TABLE 20.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 21.TRELLEBORG AB: COMPANY SNAPSHOT
TABLE 22.TRELLEBORG AB: OPERATING SEGMENTS
TABLE 23.TRELLEBORG AB: PRODUCT PORTFOLIO
TABLE 24.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 25.WARCO: COMPANY SNAPSHOT
TABLE 26.WARCO: PRODUCT PORTFOLIO
TABLE 27.WILLIAMS PRODUCTS, INC.: COMPANY SNAPSHOT
TABLE 28.WILLIAMS PRODUCTS, INC.: PRODUCT PORTFOLIO
TABLE 29.W.R. MEADOWS, INC.: COMPANY SNAPSHOT
TABLE 30.W.R. MEADOWS, INC.: PRODUCT PORTFOLIO

LIST OF FIGURES

FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.MODERATE BARGAINING POWER OF SUPPLIERS
FIGURE 03.MODERATE THREAT OF NEW ENTRANTS
FIGURE 04.MODERATE THREAT OF SUBSTITUTES
FIGURE 05.MODERATE INTENSITY OF COMPETITIVE RIVALRY
FIGURE 06.MODERATE BARGAINING POWER OF BUYERS
FIGURE 07.VALUE CHAIN ANALYSIS
FIGURE 08.TOP INVESTMENT POCKETS
FIGURE 09.PATENT ANALYSIS, BY REGION
FIGURE 10.U.S. WATERSTOP MARKET DYNAMICS
FIGURE 11.MARKET SHARE ANALYSIS, 2019
FIGURE 12.U.S. WATERSTOP MARKET, BY MATERIAL, 2019–2027
FIGURE 13.U.S. POLYVINYL CHLORIDE WATERSTOP MARKET, 2019-2027 ($MILLION)
FIGURE 14.U.S. RUBBER WATERSTOP MARKET, 2019-2027 ($MILLION)
FIGURE 15.U.S. METAL WATERSTOP MARKET, 2019-2027 ($MILLION)
FIGURE 16.U.S. WATERSTOP MARKET FOR OTHERS, 2019-2027 ($MILLION)
FIGURE 17.U.S. WATERSTOP MARKET, BY APPLICATION, 2019–2027
FIGURE 18.U.S. WATERSTOP MARKET FOR WALLS, 2019-2027 ($MILLION)
FIGURE 19.U.S. WATERSTOP MARKET FOR WATER TANKS, 2019-2027 ($MILLION)
FIGURE 20.U.S. WATERSTOP MARKET FOR TUNNELS, 2019-2027 ($MILLION)
FIGURE 21.U.S. WATERSTOP MARKET FOR PARKING STRUCTURES, 2019-2027 ($MILLION)
FIGURE 22.U.S. WATERSTOP MARKET FOR OTHERS, 2019-2027 ($MILLION)
FIGURE 23.U.S. WATERSTOP MARKET, BY END-USE, 2019 VS 2027
FIGURE 24.U.S. RESIDENTIAL WATERSTOP MARKET, 2019-2027 ($MILLION)
FIGURE 25.U.S. COMMERCIAL WATERSTOP MARKET, 2019-2027 ($MILLION)
FIGURE 26.U.S. INDUSTRIAL WATERSTOP MARKET, 2019-2027 ($MILLION)
FIGURE 27.MARKET PLAYER POSITIONING, 2019
FIGURE 28.PRODUCT MAPPING OF TOP 10 PLAYERS
FIGURE 29.COMPETITIVE HEATMAP OF KEY PLAYERS
FIGURE 30.GCP: REVENUE, 2018–2020 ($MILLION)
FIGURE 31.GCP: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 32.GCP: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 33.MINERALS TECHNOLOGIES, INC.: REVENUE, 2018–2020 ($MILLION)
FIGURE 34.MINERALS TECHNOLOGIES, INC.: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 35.MINERALS TECHNOLOGIES, INC.: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 36.SIKA AG: REVENUE, 2018–2020 ($MILLION)
FIGURE 37.SIKA AG: REVENUE SHARE BY PRODUCT SALES, 2019 (%)
FIGURE 38.SIKA AG: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 39.TRELLEBORG AB: REVENUE, 2018–2020 ($MILLION)
FIGURE 40.TRELLEBORG AB: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 41.TRELLEBORG AB: REVENUE SHARE BY REGION, 2019 (%)