On November 15, 2021, President Biden signed the Bipartisan Infrastructure Law (BIL), which invests more than $13 billion directly in Tribal communities across the country and makes Tribal communities eligible for billions more. For further explanation of the law please visit https://www.congress.gov/bill/117th-congress/house-bill/3684/text. These resources go to many Federal agencies to expand access to clean drinking water for Native communities, ensure every Native American has access to high-speed internet, tackle the climate crisis, advance environmental justice, and invest in Tribal communities that have too often been left behind. On August 16, 2022, President Biden signed the Inflation Reduction Act into law, marking the most significant action Congress has taken on clean energy and climate change in the nation’s history. With the stroke of his pen, the President redefined American leadership in confronting the existential threat of the climate crisis and set forth a new era of American innovation and ingenuity to lower consumer costs and drive the global clean energy economy forward. More information on this can be found here: https://www.whitehouse.gov/cleanenergy/inflation-reduction-act-guidebook/. This dataset illustrates the locations of Bureau of Indian Affairs projects funded by the Bipartisan Infrastructure Law and Inflation Reduction Act in Fiscal Year 2022, 2023, and 2024. The points illustrated in this dataset are the locations of Bureau of Indian Affairs projects funded by the Bipartisan Infrastructure Law and Inflation Reduction Act in Fiscal Year 2022 and 2023. The locations for the points in this layer were provided by the persons involved in the following groups: Division of Water and Power, DWP, Ecosystem Restoration, Irrigation, Power, Water Sanitation, Dam Safety, Branch of Geospatial Support, Bureau of Indian Affairs, BIA.GIS point feature class was created by Bureau of Indian Affairs - Branch Of Geospatial Support (BOGS), Division of Water and Power (DWP), Ecosystem Restoration, Irrigation, Bureau of Indian Affairs (BIA), Tribal Leaders Directory: https://www.bia.gov/service/tribal-leaders-directory/tld-csvexcel-dataset, The Department of the Interior | Strategic Hazard Identification and Risk Assessment Project: https://www.doi.gov/emergency/shira#main-content

The global Waterproofing Admixtures market was valued at USD 4.25 billion in 2022 and is projected to reach USD 7.41 billion by 2030, registering a CAGR of 7.2 % for the forecast period 2023-2030. Factors Affecting Waterproofing Admixture Market Growth

Expansion in the building and construction sector:

The market for waterproofing admixture to the construction sector is fueled by urbanization, industrialization, a growing population, and net income. The rise in construction projects like infrastructure development, industrial units, and residential project, rises the demand for waterproofing admixtures. Infrastructure development like bridges, airports, roads, and railways, stimulates the growth of the construction industry and expands the waterproofing admixtures market. Waterproofing admixtures play a vital role in ensuring the durability, and quality of construction materials. Increasing R&D activities witnessing the market's growth due to the rise in the use of advanced composition materials, and the adoption of high-performance concrete. Urbanization and population growth led to increasing residential housing and infrastructure projects. As well as the renovation of existing projects also increases, expanding the waterproofing admixtures market. Moreover, focus on sustainable construction structure, propel the market’s growth.

The Restraining Factor of Waterproofing Admixture:

High Inflation Rate:

The high inflation rate increases the manufacturing cost of construction materials and decreases the demand for waterproofing admixture. As per a news release in economics times, construction costs have risen by 28% and the cost of construction chemicals by 32% since the pre-pandemic level, which may decline the demand for construction materials and hence waterproofing admixture. Due to inflation, there is an increase in the prices of raw materials like Bitumen, Mineral Oil, Fatty acid, Fine Wax, Fine Wax Emulsion, and Silanes used in the manufacturing of waterproofing admixture, which may hamper the growth of the waterproofing admixture market. The increasing cost of production increases the price of a material projected to hinder the development of the waterproofing admixture market.

Impact of the COVID-19 Pandemic on the Waterproofing Admixtures Market:

The COVID-19 pandemic had a significant impact on the Waterproofing Admixture sector. Outbreaks of the coronavirus (COVID-19) have significantly disrupted the economy and impacted businesses, homes, financial institutions, industrial organizations, and infrastructure firms leading to a decline in Waterproofing Admixtures. Migrant construction workers during a pandemic, resumed construction projects resulting in a decline in the demand for waterproofing admixture. Construction operations have been progressively impacted by the pandemic and its disruption of global supply chains, including a lack of employees, contractors, and subcontractors as well as raw materials and other input material. As a result, the pandemic led to temporary shutdowns and disruptions in construction projects resulting in lower demand for Waterproofing Admixture. Additionally, Economic uncertainty reduced investment in construction, resulting in a decline in demand for Waterproofing Admixtures. As the world begins to recover from the pandemic, the construction industry is gradually returning to normalcy. Residential and commercial projects have resumed, and consumer demand is hiking up. Therefore, the demand for Waterproofing Admixture recovers and potentially grows as the construction industry rebounds. Improving infrastructure increases the demand for waterproofing admixture. Introduction of Waterproofing Admixture

Waterproofing admixtures are porous substances that absorb water and water-borne contaminants. Hydrophobic and pore-blocking chemicals react with cement hydration byproducts to create a hydrophobic compound that resists external water and reduces absorption into the concrete. Waterproofing admixture shields buildings against deterioration. They extend durability and lower maintenance expenses. Different admixtures are used for a structure's various components, such as the basement, walls, or roof, as well as for various geographic regions, structural purposes, and climatic circumstances. It is widely used in construction and infrastructure development. Robust expansion in the building and construction sector...

This graph shows a forecast of the gross domestic product of the United States of America for fiscal years 2024 to 2034. GDP refers to the market value of all final goods and services produced within a country in a given period. According to the CBO, the United States GDP will increase steadily over the next decade from 28.18 trillion U.S. dollars in 2023 to 41.65 trillion U.S. dollars in 2034. The annual GDP of the United States for recent years can be found here. Also, view the monthly inflation rate for the country.