The global damp proof course market is anticipated to witness a robust CAGR in the forecast period, 2023-2027. Factors such as the booming construction industry in the developing economies and the increasing demand for cost-effective and efficient waterproofing systems primarily drive the demand for the global damp proof course market. Damp proofing is a method to prevent wetness caused by water seeping up into the walls from the ground up, condensation inside damp walls, or other ways. Protecting the way from water damage is important as it can save a lot of money and ensure that the health of the resident is not affected as what is damp proof course. The other factors that can influence the market demand in the coming years are the growing disposable income of middle-class families, rapid urbanization, and a rise in awareness about the benefits of installing damp proof course solutions in residential and non-residential properties.
Flourishing Construction Industry Drives the Market Growth
Huge economic growth in the developing countries and low-interest rate in the developed countries is supporting the growth of the construction industry worldwide. The government of several economies is working on improving their existing infrastructure and improving the lives of their citizens. They are making high-end investments in infrastructure development and construction activities. Countries, where tourism activities are on the rise require the construction of more infrastructure for tourist accommodations. Construction of more buildings, hotels, and restaurants and the surge in the use of quality construction material to increase the building's life is expected to bolster the global damp proof course market growth over the forecast period. The Indian government is building homes and buildings and providing financial assistance to the interested parties. Schemes like Pradhan Mantri Awas Yojana, Haryana Housing Board Housing Scheme, and The Maharashtra Housing and Area Development Authority Scheme by the central and state government are fueling the demand for construction material which in turn is expected to boost the global damp proof course market growth over the next five years.
Advantages of Installing Damp Proof Course Supports the High Market Growth
Dampness in a building due to mold, mildew, and bacteria growth in wet, damp walls, floors, or ceilings can result in huge financial and health losses for the residents. When water is allowed to sit freely and without any sufficient ventilation or condensation builds up inside the walls, mildew or bacteria start to grow. People suffering from asthma, lung, or other breathing issues and bronchitis suffer problems while living in damp conditions. Damp proofing is advantageous and ensures that the walls can resist the moisture hazard and allows the family to stay safe and healthy as what is damp proof course. The other adverse effects from moisture build-up inside the buildings include a number of respiratory problems, coughing, wheezing, asthma symptoms, fungal and other infections. Dampness can also lead to bacteria and mold accumulation in HVAC systems, other building materials, insect infestation, and wood decay. Damp proofing prevents damaging wetness and moisture but also helps to get rid of building residue. It protects paint, plaster, flooring, furnishing, and ceilings in a building. Therefore, several advantages of using a damp proof course in a building are expected to boost the market demand over the next five years.
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Market Segmentation
Market Players
Richardson & Starling,Peter Cox, Wise Property Care, Protectahome Ltd., Timberwise , Rentokil, Dampserve, Permaguard, Dorken, Safeguard Europe Ltd., are the major market players operating in the global damp proof course market.
| Attribute | Details |
| Base Year | 2024-2032 |
| Historic Data | 2024-2032 – 2024-2032 |
| Estimated Year | 2022 |
| Forecast Period | 2023 – 2027 |
| Quantitative Units | Revenue in USD Million, and CAGR for 2024-2032-2024-2032 and 2022-2027 |
| Report coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
| Segments covered | · Method · Material · End User |
| Regional scope | North America; Asia Pacific; Europe; South America; Middle East & Africa |
| Country scope | United States; Canada; Mexico; China; India; Japan; Malaysia; Australia; Singapore; South Korea; Germany; France; United Kingdom; Spain; Italy; Poland; Denmark; Brazil; Argentina; Colombia; Peru; Chile; South Africa; Saudi Arabia; UAE; Iraq; Turkey |
| Key companies profiled | Richardson & Starling,Peter Cox, Wise Property Care, Protectahome Ltd., Timberwise , Rentokil, Dampserve, Permaguard, Dorken, Safeguard Europe Ltd. |
| Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
