As per the TechSci Research report titled “Damp Proof Course Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027”, the global damp proof course market will experience steady growth during the forecast period of 2023-2027. The primary drivers of this growth are the increasing use of damp proof courses across various end-use industries and the high demand from developing nations.
A damp proof course is a crucial layer used in all buildings near the ground in the wall to prevent dampness, acting as a protective barrier against dampness rising up the building walls. The type of damp proof course utilized depends on the property type. There are various reasons for dampness in buildings, including the use of poor construction materials, faulty building design, and construction by unskilled labor.
Due to the adverse effects of dampness on the building structure and the need to improve the quality of living, the demand for the global damp proof course market is expected to grow significantly in the upcoming years.
However, the availability of alternate solutions may hinder the global damp proof course market growth over the forecast period.
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The global damp proof course market is segmented method, material, end user, regional distribution, and competitive landscape.
The global damp proof course market is categorized based on method into six segments, namely electro-osmotic, chemical damp, pressure grouting, membrane, integral, and cavity wall. The electro-osmotic segment is projected to hold a significant market share in the forecast period, 2023-2027, owing to its application in buildings with rubble-filled wings, random stone walls, and low-level timber floors. With the installation of the osmosis damp proofing system, it starts working immediately, and users can choose the preferred option of damp proofing with an electronic voltage regulator featuring a digital read-out, allowing ongoing monitoring of the osmosis damp proof course.
The global damp proof course market is segmented based on material into flexible and rigid. The flexible segment is anticipated to dominate the market share over the next five years. The flexible materials do not crack or deform their shape when subjected to loading. This segment is further divided into four types, namely 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, which sets on cooling. Bitumen felts comprise a 6mm thick sheet of bitumen prepared in rolls having a width equal to that of a brick wall. Hot laid bitumen is used on a bedding of mortar or cement concrete, whereas metal sheets are made up of copper and aluminum to prevent dampness in infrastructure but are expensive compared to their counterparts.
Based on end-user, the global damp proof course market is segmented into residential and non-residential categories. The residential segment is expected to capture the highest market share in the forecast period due to the common concern of damp among residents living in older buildings. The demand for the global damp proof course market is expected to increase in the next five years owing to rapid urbanization, increased expenditure capacity of consumers, and the willingness of consumers to remodel their existing building structures to increase their life.
Major market players operating in the global damp proof course market are:
- Richardson & Starling
- Peter Cox
- Wise Property Care
- Protectahome Ltd.
- Timberwise
- Rentokil
- Dampserve
- Permaguard
- Dorken
- 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.
“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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