Reports
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; 2023-2028
Thailand Waterproofing Market Outlook
The Thailand waterproofing market size is expected to grow at a CAGR of 7.90% between 2023 and 2028. 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.
- 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.
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
- BASF (Thai) Limited
- 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.
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.
BASF (Thai) Limited was established in 1966 and is headquartered in Bangkok, Thailand. The company manufactures products for crop protection, coatings, care chemicals, automotive catalysts, and construction chemicals, providing customer and technical services.
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 | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Type |
|
| Breakup by Technology |
|
| Breakup by Application |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
*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 (2018-2022)
8.3 Global Waterproofing Market Forecast (2023-2028)
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 (2018-2022)
9.3 Thailand Waterproofing Market Forecast (2023-2028)
10 Thailand Waterproofing Market by Type
10.1 Liquid Membrane
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
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 (2018-2022)
10.2.2 Forecast Trend (2023-2028)
10.3 Bituminous Membrane
10.3.1 Historical Trend (2018-2022)
10.3.2 Forecast Trend (2023-2028)
10.4 Thermoplastic Membrane (PVC, Others)
10.4.1 Historical Trend (2018-2022)
10.4.2 Forecast Trend (2023-2028)
11 Thailand Waterproofing Market by Technology
11.1 Nanotechnology Waterproofing
11.1.1 Historical Trend (2018-2022)
11.1.2 Forecast Trend (2023-2028)
11.2 Crystalline Waterproofing
11.2.1 Historical Trend (2018-2022)
11.2.2 Forecast Trend (2023-2028)
11.3 Flexible Waterproofing Membrane
11.3.1 Historical Trend (2018-2022)
11.3.2 Forecast Trend (2023-2028)
12 Thailand Waterproofing Market by Application
12.1 Roofing and Balconies
12.1.1 Historical Trend (2018-2022)
12.1.2 Forecast Trend (2023-2028)
12.2 Parking Deck
12.2.1 Historical Trend (2018-2022)
12.2.2 Forecast Trend (2023-2028)
12.3 Tunnel Liners
12.3.1 Historical Trend (2018-2022)
12.3.2 Forecast Trend (2023-2028)
12.4 Bridges and Highways
12.4.1 Historical Trend (2018-2022)
12.4.2 Forecast Trend (2023-2028)
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 BASF (Thai) Limited
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 Bostik (Thailand) Co.,Ltd.
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 GCP Applied Technologies Holdings (Thailand) Limited
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 Saint Gobain Thailand
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 Fosroc (Thailand) Limited
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 Clevcon (Thailand) 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 Jorakay Corporation 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 Act (Thailand) Co., Ltd.
14.2.9.1 Company Overview
14.2.9.2 Product Portfolio
14.2.9.3 Demographic Reach and Achievements
14.2.9.4 Certifications
14.2.10 Others
15 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Waterproofing Market: Key Industry Highlights, 2018 and 2028
2. Thailand Waterproofing Market: Key Industry Highlights, 2018 and 2028
3. Thailand Waterproofing Historical Market: Breakup by Type (USD Million), 2018-2022
4. Thailand Waterproofing Market Forecast: Breakup by Type (USD Million), 2023-2028
5. Thailand Waterproofing Historical Market: Breakup by Technology (USD Million), 2018-2022
6. Thailand Waterproofing Market Forecast: Breakup by Technology (USD Million), 2023-2028
7. Thailand Waterproofing Historical Market: Breakup by Application (USD Million), 2018-2022
8. Thailand Waterproofing Market Forecast: Breakup by Application (USD Million), 2023-2028
9. Thailand Waterproofing Market Structure
Key Questions Answered in the Report
The market is expected to grow at a CAGR of 7.90% between 2023 and 2028.
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, BASF (Thai) Limited, 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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