Global Under Floor Moisture Mitigation Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Under Floor Moisture Mitigation Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Under Floor Moisture Mitigation is a dehumidification system used to relieve moisture release under the floor.

Market Overview:

The latest research study on the global Under Floor Moisture Mitigation market finds that the global Under Floor Moisture Mitigation market reached a value of USD 519.35 million in 2022. It’s expected that the market will achieve USD 667.5 million by 2028, exhibiting a CAGR of 4.27% during the forecast period.

The industrial chain is affected

The COVID-19 outbreak has disrupted business and economic activities globally. It is expected to have a short-term impact on the Under Floor Moisture Mitigation market to a certain extent. With several countries across the globe announcing nationwide lockdowns and temporary closures of various industries, production and manufacturing have been severely affected. Stopping production not only aggravates the shortage of funds for small and medium-sized enterprises, but also reduces the solvency of enterprises, which may affect production and sales. Some enterprises have difficulties in operation and even go bankrupt. The epidemic situation has seriously affected the logistics and transportation, and the transportation of raw materials is difficult. The industrial chain of small and medium-sized enterprises is imperfect and fragile. Trade barriers have further impacted the demand-supply gap. Companies operating in the Under Floor Moisture Mitigation market have suspended non-essential visits/activities until the COVID-19 outbreak is resolved.

The production cost of enterprises increases

With the gradual control of the epidemic, some factories began to resume operation. However, enterprises need to protect the life and health of employees while operating production, such as purchasing masks, disinfectants and other epidemic prevention materials, disinfecting the working environment before and after production, and testing the body temperature of employees every day to ensure their health. These measures will increase production costs and affect the development of enterprises.

Strength

The demand for products is stable. In the past few decades, due to changes in the flooring industry and changes in government regulations on adhesives and flooring materials, the number of moisture-related failures on concrete floors has increased. For floors adhering to concrete slabs, achieving and maintaining a strong bond is essential to prolong the life of the floor and satisfactory performance. There are many factors that may affect adhesion and shorten the service life of flooring products, which may result in expensive floor repair or even replacement costs. In response, many concrete dehumidification systems have been developed to reduce moisture emissions and floor failures. These systems can take the form of concrete admixtures, topical coatings, sheet membranes or permeable surface treatments.

Weakness

The lack of high-performance adhesives
A key cause of adhesive failure is alkalinity. When the moisture is highly alkaline, it will degrade most water-based adhesives. If the adhesive is not specifically designed for high alkalinity environments, it may re-emulsify. When this happens, the product will not be able to effectively provide adhesion or humidity control. At this point, the floor itself may become a victim of moisture and alkalinity damage.

Insufficiency of silicate products

After the concrete subfloor is poured, a sprayer is used to inject a silicate mixture into the concrete to apply a lot of silicate. In large construction projects, this process can be time-consuming and expensive-but to make matters worse, this method can produce extremely inaccurate silicate delivery.
High-cost moisture problems, such as bonding failure and mold, are caused by water vapor under the floor or on the ground being trapped under the impermeable layer. This condenses the moisture vapor into liquid water, destroys the adhesive, and creates an ideal breeding ground for mold spores to fester.

Region Overview:

In global comparison, a significant portion of the revenue was generated in North America (35.16% in 2022).

Company Overview:

MAPEI is one of the major players operating in the Under Floor Moisture Mitigation market, holding a share of 19.56% in 2023.

MAPEI

Mapei S.PA provides adhesives, sealants, and chemical products for building industry. The Company design products for ceramics and stone materials such as cement-based adhesives and concrete restoration products. Mapei distributes products globally.

United States Gypsum

United States Gypsum Corp manufactures construction materials. The Company produces drywall, panels, primers, roofing panels, backboard plasters, and other related building materials. USG offers its products to commercial and residential builders around the world.

Segmentation Overview:

As for product types, the 2-part Epoxy Products segment held the largest market share in 2022.

2-part Epoxy Products

Two-part epoxy products are alkali-resistant, two-component epoxy coatings with high solid content, which can effectively prevent moisture-related problems in floor coverings.

Silicate Products

Silicate Products aims to increase the strength and reduce the porosity of the cast concrete surface. It penetrates deeply into the base material and chemically reacts in the base material to form a hydrated calcium silicate barrier in the pores, thereby reducing the strength and density of concrete by up to 45%. This will help reduce concrete dust and reduce the flow of groundwater and moisture in the concrete.

Application Overview:

By application, the Commercial segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Under Floor Moisture Mitigation market covered in Chapter 3:

Armstrong Flooring Inc.
MAPEI
KÖSTER Group
LATICRETE International
Crossfield Products Corp.
United States Gypsum Company
GCP Applied Technologies
Schomburg GmbH & Co. KG

In Chapter 4 and Chapter 14.2, on the basis of types, the Under Floor Moisture Mitigation market from 2018 to 2029 is primarily split into:

2-part Epoxy Products
Silicate Products
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Under Floor Moisture Mitigation market from 2018 to 2029 covers:

Commercial
Personal

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)