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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Indonesia Waterproofing Market Outlook
The Indonesia waterproofing market size reached a value of approximately USD 709.09 million in 2023. The market is expected to grow at a CAGR of 4.90% between 2024 and 2032, reaching a value of USD 1,088.56 million by 2032.
Key Trends in the Market
Waterproofing refers to the process of rendering a structure or object water-resistant or waterproof, so that the structure or object is protected against damage caused by water. In the construction sector, waterproofing prevents water from penetrating into buildings and other infrastructure, keeping the interior of the building dry. This helps in reducing humidity inside the building preventing the growth of mildew and mould.
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- Rising population and growing urbanisation in Indonesia has surged construction activities especially the construction of residential and commercial buildings, resulting in an increased demand for the Indonesia waterproofing market.
- Advancements in waterproofing technology such as invention of torch on the membrane and other development of innovative products with better durability and performance is contributing to the growth of the market.
- Rainfall is widely prevalent in Indonesia which increases the risk of water damage, and thus people in the country are investing in better quality waterproofing solutions to protect the interiors of their home or workplace.
Indonesia Waterproofing Market Analysis
Based on type, the market is segmented into liquid membrane, cementitious membrane, bituminous membrane, and thermoplastic membrane (PVC, others). Liquid membrane is further categorised by type into bituminous coating, polyurethane membrane, epoxy, and acrylic. On the basis of technology, the market is divided into nanotechnology waterproofing, crystalline waterproofing, and flexible waterproofing membrane. By application, the market is categorised into roofing and balconies, parking deck, tunnel liners, and bridges and highways, among others.
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The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the Indonesia waterproofing market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.
- PT Bostik Indonesia
- PT Mapei Indonesia Construction Products
- Sika Indonesia
- BMI Indonesia
- P.T. BASF Indonesia
- Saint Gobain Indonesia
- PT. Fosroc Indonesia
- PT. Normet Indonesia
- Pentens Indonesia
- PT Adhi Cakra Utama Mulia
- Others
Market Share by Type
Liquid membrane accounts for a sizable share of the Indonesia waterproofing market by type owing to their low cost, ease of application, and higher efficiency. The ability of liquid membrane type of waterproofing materials to cure easily in order to form one solid membrane helps avoid any gaps and thus attracts a large consumer base in Indonesia. Moreover, liquid membranes can be sprayed on, or roller applied and stick firmly and directly to the substrate which prevents leakage and water damage to the structure while being easy to apply.
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Indonesia Waterproofing Market Competitive Landscape
PT Bostik Indonesia was founded in 1889 and has its headquarters in Banten, Indonesia. This chemical manufacturing company provides adhesive solutions and products to various consumer markets, including the construction sector.
BMI Indonesia was established in 1973 and is headquartered in Jakarta, Indonesia. A building materials company, BMI Indonesia specialises in pitched roofs, clay tiles, innovative roof solutions, and concrete tiles, among others.
Saint Gobain Indonesia, founded in 1992, is based in South Jakarta in Indonesia. It is a wholesale company that manufactures building materials and abrasives, among other products, and supplies them to consumers globally.
Other market players include PT Mapei Indonesia Construction Products, Sika Indonesia, P.T. BASF Indonesia, PT. Fosroc Indonesia, PT. Normet Indonesia, Pentens Indonesia, and PT Adhi Cakra Utama Mulia, among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by Technology |
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| Breakup by Application |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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Indonesia Waterproofing Market Report Snapshots
Indonesia Waterproofing Market Size
Indonesia Waterproofing Market Share
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The waterproofing market in Indonesia reached a value of approximately USD 709.09 million in 2023.
The market is expected to grow at a CAGR of 4.90% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 1,088.56 million by 2032.
The key drivers in the market are growing construction sector, increasing urbanisation, rising industrial activities, and low costs of waterproofing.
The key trends of the market are rising population, technological advancements, climate change, increasing awareness regarding waterproofing, and remodelling and upgrades of existing structures.
The primary types of waterproofing in the market are liquid membrane, cementitious membrane, bituminous membrane, and thermoplastic membrane (PVC, others).
The various applications in the waterproofing market in Indonesia are roofing and balconies, parking deck, tunnel liners, and bridges and highways, among others.
Key players in the Indonesia waterproofing market, according to the report are PT Bostik Indonesia, PT Mapei Indonesia Construction Products, Sika Indonesia, BMI Indonesia, P.T. BASF Indonesia, Saint Gobain Indonesia, PT. Fosroc Indonesia, PT. Normet Indonesia, Pentens Indonesia, and PT Adhi Cakra Utama Mulia, among others.
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