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Thailand Waterproofing Market

Thailand Waterproofing Market Size, Share, Growth, Forecast: By Type: Liquid Membrane, Cementitious Membrane, Bituminous Membrane, Thermoplastic Membrane (PVC, Others); By Technology: Nanotechnology Waterproofing, Crystalline Waterproofing, Others; By Application; Regional Analysis; Competitive Landscape; 2024-2032

Thailand Waterproofing Market Outlook

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.

 

Thailand Waterproofing Market

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  • The Thailand waterproofing market being driven by the growing construction sector and increasing urbanisation surging the launch of new housing as well as renovation plans. Waterproofing is becoming a key component of new construction and renovation plants, in order to prevent water damage and extend the life of the buildings.
  • The waterproofing market in Thailand is also escalating due to increasing tourism, including both domestic tourists and international tourists. To support further tourism, there are rising investments in waterproofing of core infrastructure in high-tourism cities.
  • Advancements in waterproofing technology are key trends in the Thailand waterproofing market, increasing the applications of waterproofing throughout the nation. With easy to apply, cost-effective, and durable waterproofing options available, more users are investing in waterproofing.

 

Market Analysis

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.

 

Thailand Waterproofing Market

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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.

 

  • 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.
  • Act (Thailand) Co., Ltd.
  • Others

 

Market Share by Type

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.

 

Thailand Waterproofing Market

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Competitive Landscape

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.

 

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:

  • Type
  • Technology
  • Application
Breakup by Type
  • Liquid Membrane
  • Cementitious Membrane
  • Bituminous Membrane
  • Thermoplastic Membrane (PVC, Others)
Breakup by Technology
  • Nanotechnology Waterproofing
  • Crystalline Waterproofing
  • Flexible Waterproofing Membrane
Breakup by Application
  • Roofing and Balconies
  • Parking Deck
  • Tunnel Liners
  • Bridges and Highways
  • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • 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.
  • Act (Thailand) Co., Ltd.
  • Others

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface    
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Market Snapshot
7    Opportunities and Challenges in the Market
8    Global Waterproofing Market Overview

    8.1    Key Industry Highlights
    8.2    Global Waterproofing Historical Market (2018-2023) 
    8.3    Global Waterproofing Market Forecast (2024-2032)
    8.4    Global Waterproofing Market Share by Region
        8.4.1    North America
        8.4.2    Europe
        8.4.3    Asia Pacific
        8.4.4    Latin America
        8.4.5    Middle East and Africa
9    Thailand Waterproofing Market Overview
    9.1    Key Industry Highlights
    9.2    Thailand Waterproofing Historical Market (2018-2023) 
    9.3    Thailand Waterproofing Market Forecast (2024-2032)
10    Thailand Waterproofing Market by Type
    10.1    Liquid Membrane
        10.1.1    Historical Trend (2018-2023)
        10.1.2    Forecast Trend (2024-2032)
        10.1.3    Breakup by Type
            10.1.3.1    Bituminous Coating
            10.1.3.2    Polyurethane Membrane
            10.1.3.3    Epoxy
            10.1.3.4    Acrylic
    10.2    Cementitious Membrane
        10.2.1    Historical Trend (2018-2023)
        10.2.2    Forecast Trend (2024-2032)
    10.3    Bituminous Membrane
        10.3.1    Historical Trend (2018-2023)
        10.3.2    Forecast Trend (2024-2032)
    10.4    Thermoplastic Membrane (PVC, Others)
        10.4.1    Historical Trend (2018-2023)
        10.4.2    Forecast Trend (2024-2032)
11    Thailand Waterproofing Market by Technology
    11.1    Nanotechnology Waterproofing
        11.1.1    Historical Trend (2018-2023)
        11.1.2    Forecast Trend (2024-2032)
    11.2    Crystalline Waterproofing
        11.2.1    Historical Trend (2018-2023)
        11.2.2    Forecast Trend (2024-2032)
    11.3    Flexible Waterproofing Membrane
        11.3.1    Historical Trend (2018-2023)
        11.3.2    Forecast Trend (2024-2032)
12    Thailand Waterproofing Market by Application
    12.1    Roofing and Balconies
        12.1.1    Historical Trend (2018-2023)
        12.1.2    Forecast Trend (2024-2032)
    12.2    Parking Deck
        12.2.1    Historical Trend (2018-2023)
        12.2.2    Forecast Trend (2024-2032)
    12.3    Tunnel Liners
        12.3.1    Historical Trend (2018-2023)
        12.3.2    Forecast Trend (2024-2032)
    12.4    Bridges and Highways
        12.4.1    Historical Trend (2018-2023)
        12.4.2    Forecast Trend (2024-2032)
    12.5    Others 
13    Market Dynamics
    13.1    SWOT Analysis
        13.1.1    Strengths
        13.1.2    Weaknesses
        13.1.3    Opportunities
        13.1.4    Threats
    13.2    Porter’s Five Forces Analysis  
        13.2.1    Supplier’s Power
        13.2.2    Buyer’s Power
        13.2.3    Threat of New Entrants
        13.2.4    Degree of Rivalry
        13.2.5    Threat of Substitutes
    13.3    Key Indicators for Demand
    13.4    Key Indicators for Price  
14    Competitive Landscape
    14.1    Market Structure
    14.2    Company Profiles
        14.2.1    Sika Thailand
            14.2.1.1    Company Overview
            14.2.1.2    Product Portfolio
            14.2.1.3    Demographic Reach and Achievements
            14.2.1.4    Certifications
        14.2.2    Bostik (Thailand) Co.,Ltd.
            14.2.2.1    Company Overview
            14.2.2.2    Product Portfolio
            14.2.2.3    Demographic Reach and Achievements
            14.2.2.4    Certifications
        14.2.3    GCP Applied Technologies Holdings (Thailand) Limited
            14.2.3.1    Company Overview
            14.2.3.2    Product Portfolio
            14.2.3.3    Demographic Reach and Achievements
            14.2.3.4    Certifications
        14.2.4    Saint Gobain Thailand
            14.2.4.1    Company Overview
            14.2.4.2    Product Portfolio
            14.2.4.3    Demographic Reach and Achievements
            14.2.4.4    Certifications
        14.2.5    Fosroc (Thailand) Limited
            14.2.5.1    Company Overview
            14.2.5.2    Product Portfolio
            14.2.5.3    Demographic Reach and Achievements
            14.2.5.4    Certifications
        14.2.6    Clevcon (Thailand) Co., Ltd.
            14.2.6.1    Company Overview
            14.2.6.2    Product Portfolio
            14.2.6.3    Demographic Reach and Achievements
            14.2.6.4    Certifications
        14.2.7    Jorakay Corporation Co.,Ltd.
            14.2.7.1    Company Overview
            14.2.7.2    Product Portfolio
            14.2.7.3    Demographic Reach and Achievements
            14.2.7.4    Certifications
        14.2.8    Act (Thailand) Co., Ltd.
            14.2.8.1    Company Overview
            14.2.8.2    Product Portfolio
            14.2.8.3    Demographic Reach and Achievements
            14.2.8.4    Certifications
        14.2.9    Others
15    Key Trends and Developments in the Market


List of Key Figures and Tables

1.    Global Waterproofing Market: Key Industry Highlights, 2018 and 2032 
2.    Thailand Waterproofing Market: Key Industry Highlights, 2018 and 2032 
3.    Thailand Waterproofing Historical Market: Breakup by Type (USD Million), 2018-2023
4.    Thailand Waterproofing Market Forecast: Breakup by Type (USD Million), 2024-2032
5.    Thailand Waterproofing Historical Market: Breakup by Technology (USD Million), 2018-2023
6.    Thailand Waterproofing Market Forecast: Breakup by Technology (USD Million), 2024-2032
7.    Thailand Waterproofing Historical Market: Breakup by Application (USD Million), 2018-2023
8.    Thailand Waterproofing Market Forecast: Breakup by Application (USD Million), 2024-2032
9.    Thailand Waterproofing Market Structure    

Key Questions Answered in the Report

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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