Waterstop Market to Reach $4.6 Billion by 2032, Driven by Infrastructure Growth and Water Conservation Needs
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The global waterstop market was valued at $2.8 billion in 2022 and is projected to reach $4.6 billion by 2032, growing at a CAGR of 5.1% from 2023-2032 (Allied Market Research).
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Growth factors include increasing awareness of water conservation, need for water leakage prevention, and rising infrastructure investments.
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The PVC waterstop segment held the highest 50% market share in 2022 and is expected to retain dominance, while metal waterstop is projected to see the highest 5.1% CAGR.
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Asia-Pacific accounted for nearly half of global market revenue in 2022 and is expected to maintain leadership through 2032.
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Key players include Trelleborg Ridderkerk, Henry Company, Metro Rubber Corporation, and others focused on new products, expansions, and strategic moves.