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Report
Thailand Waterproofing Market Report and Forecast 2023-2028
Market Report I 2023-10-13 I 158 Pages I EMR Inc.
Thailand Waterproofing Market Report and Forecast 2023-2028
Market Outlook
According to the report by Expert Market Research (EMR), the Thailand waterproofing market is projected to grow at a CAGR of 7.90% between 2023 and 2028. Aided by the growing construction sector and increasing urbanisation surging the launch of new housing as well as renovation plans, the market is expected to grow significantly by 2028.
Waterproofing involves the application of a certain substance to make a structure water-resistant, thereby ensuring its longevity and durability. It is widely used in various applications, including roofing, walls, basements, and other parts of buildings. Apart from its role in the construction sector, waterproofing solutions are also employed in industries such as automotive, textiles, and electronics, providing these products with improved durability and resistance to adverse weather conditions.
The escalating demand for high-quality and durable construction materials is a key driver of the Thailand waterproofing market growth. With the growing understanding of the benefits of waterproofing in terms of extending the lifespan of structures and reducing maintenance costs, the demand for these solutions has surged. Moreover, the development and construction of new infrastructure, as well as renovation and repair activities, have further fuelled the need for effective waterproofing products.
The wide-ranging applications of waterproofing in various sectors also contribute significantly to the Thailand waterproofing market expansion. In the automotive industry, waterproofing solutions are used to enhance the durability of vehicles by protecting them from rust and corrosion. In the textile industry, these solutions are used to manufacture waterproof clothing and footwear, offering consumers products that can withstand harsh weather conditions. Furthermore, in the electronics sector, waterproofing is used to provide electronic devices with enhanced resistance to water damage, thereby increasing their durability and performance.
Moreover, advancements in waterproofing technologies and the development of innovative products have further driven the Thailand waterproofing market development. The introduction of eco-friendly waterproofing solutions, for example, aligns with the growing global emphasis on sustainability and environmental consciousness. Such products not only offer effective water resistance but also have a lower environmental impact, making them a preferable choice for many consumers and industries.
Lastly, the increase in urbanisation, coupled with the rise of the middle-class population in Thailand, has led to an upsurge in residential construction activities. This, in turn, has stimulated the demand for waterproofing solutions, as these products are an essential component in the construction of durable and long-lasting buildings, increasing the Thailand waterproofing market demand.
Market Segmentation
The market can be divided based on type, technology, and application.
Market Breakup by Type
- Liquid Membrane
o Bituminous Coating
o Polyurethane Membrane
o Epoxy
o Acrylic
- Cementitious Membrane
- Bituminous Membrane
- Thermoplastic Membrane (PVC, Others)
Market Breakup by Technology
- Nanotechnology Waterproofing
- Crystalline Waterproofing
- Flexible Waterproofing Membrane
Market Breakup by Application
- Roofs and Balconies
- Parking Deck
- Tunnel Liners
- Bridges and Highways
- Others
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the Thailand waterproofing companies. Some of the major key players explored in the report by Expert Market Research are as follows:
- 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
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual 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
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