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Forecast Year
The Thailand waterproofing market size is expected to grow at a CAGR of 7.90% between 2024 and 2032. The market growth is being driven by the thriving construction sector, increasing infrastructural development, and rising availability of various waterproofing technologies.
Key Trends in the Market
Waterproofing is a process that helps prevent water from penetrating structures such as houses or buildings, thereby keeping the interiors dry and safe from water damage. In outdoor structures such as bridges or highways, waterproofing helps improve the strength and integrity of the structure, preventing weakening from water seepage.
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Based on type, the market is segmented into liquid membrane, cementitious membrane, bituminous membrane, and thermoplastic membrane (PVC, others), with liquid membrane subdivided based on type into bituminous coating, polyurethane membrane, epoxy, and acrylic. On the basis of technology, the market is classified into nanotechnology waterproofing, crystalline waterproofing, and flexible waterproofing membrane. Based on application, the market is divided 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 Thailand waterproofing market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
Liquid membrane accounts for a sizable share of the Thailand waterproofing market by type because it offers ease in installation and requires less skill and supervision. Consumers prefer liquid membrane due to its ability to provide a seamless finish, strong adhesion, resistance to corrosion, impermeability, and resistance to root penetration. Furthermore, liquid membrane offers longevity with zero maintenance and is a smart alternative to other approaches, which is increasing its usage for a wide variety of structures.
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Sika Thailand is a chemicals company which was founded in 1989 and is headquartered in Chonburi, Thailand. They are a manufacturer and supplier of specialty chemicals for construction and industrial markets such as transportation, marine, and automotive, specialising in products like roofing, concrete admixture, and adhesives.
Bostik (Thailand) Co.,Ltd. is a part of the global Bostik brand, headquartered in Bangkok, Thailand, with a specialisation in industrial solutions and absorbent hygiene, among others. An adhesive solutions company, they offer products for the construction industry, providing reliable, waterproof, and flexible joints.
Other market players include GCP Applied Technologies Holdings (Thailand) Limited, Saint Gobain Thailand, Fosroc (Thailand) Limited, Clevcon (Thailand) Co., Ltd., Jorakay Corporation Co.,Ltd., and Act (Thailand) Co., Ltd., among others.
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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*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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The market is expected to grow at a CAGR of 7.90% between 2024 and 2032.
The major market drivers are the growing construction sector, increasing infrastructural development, and rising availability of various waterproofing technologies.
The key trends in the market are the rise in use of liquid membrane waterproofing, growing use of waterproofing in balconies and roofs, and increasing remodelling efforts.
The major types of waterproofing in the market are liquid membrane, cementitious membrane, bituminous membrane, and thermoplastic membrane (PVC, others).
The different applications of the waterproofing market in Thailand are roofing and balconies, parking deck, tunnel liners, and bridges and highways, among others.
The various technologies of waterproofing in the market are nanotechnology waterproofing, crystalline waterproofing, and flexible waterproofing membrane.
Waterproofing typically lasts for a minimum of 10 years, however, actual duration would depend on factors such as type of waterproofing, technology used, structure to be waterproofed, and level of exposure.
The key players of the Thailand waterproofing market, according to the report, are Sika Thailand, Bostik (Thailand) Co.,Ltd., GCP Applied Technologies Holdings (Thailand) Limited, Saint Gobain Thailand, Fosroc (Thailand) Limited, Clevcon (Thailand) Co.,Ltd., Jorakay Corporation Co.,Ltd., and Act (Thailand) Co.,Ltd., among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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