Asia Pacific Waterproofing Membrane Market Introduction and Overview
According to SPER Market Research, the Asia Pacific Waterproofing Membrane Market is estimated to reach USD 19.11 billion by 2033 with a CAGR 5.41%.
The report includes an in-depth analysis of the Asia Pacific Waterproofing Membrane Market, including market size and trends, product mix, distribution channels, and supplier analysis. Waterproofing membranes are very thin layers of material that are applied to buildings, bridges, and tunnels to stop water from getting inside. These membranes are usually placed to surfaces to provide a barrier that keeps water out. They are often constructed of water-light materials like bitumen, rubber, or plastic. They are frequently utilised in places like basements, roofs, and foundations that are vulnerable to water damage. Effective waterproofing membranes have a number of characteristics, such as flexibility, durability, and chemical and UV resistance. They are a well-liked option for waterproofing applications since they are also simple to install and maintain.
- In May 2023: Oriental Yuhong and Hebei Aorun Shunda Group inked a strategic collaboration agreement to work together on multi-dimensional research in the areas of thermal insulation coatings and waterproofing membranes, among other solutions.
- May 2023: With the exception of its concrete admixture operations in Europe, North America, Australia, and New Zealand, Sika, a world leader in construction chemicals, acquired the MBCC Group, including its waterproofing solutions, flooring resins, anchors & grouts, repair & rehabilitation chemicals, and other businesses.
- March 2023: Oriental Yuhong and Luoyang Longfeng Construction Investment Co., Ltd. signed a strategic partnership agreement to expand Oriental Yuhong's line of building products, which includes waterproofing solutions. It is anticipated that this agreement will lead to a resource exchange for building supplies.
Market Opportunities and Challenges
Opportunities: The mining industry is one of the most demanding in terms of safeguarding infrastructure and equipment from water damage. Waterproofing membranes help to ensure the longevity and effectiveness of mining operations by preventing water infiltration into structures, tunnels, and equipment. As the mining industry grows globally, the demand for waterproofing membranes is likely to skyrocket. This growth is being driven by a variety of factors, including the need to extend the life of mining infrastructure, comply with environmental requirements, and improve safety standards. Furthermore, a rise in mining operations and higher investments in the mining industry are projected to fuel the waterproof membrane market. Furthermore, the growing awareness of environmental sustainability has resulted in increased demand for waterproofing membranes in a variety of industries. Waterproofing membranes are used to safeguard structures against water damage, which can result in costly repairs and environmental degradation. As people become more aware of the environmental impact of construction and other industries, there will be a greater need for sustainable waterproofing solutions.
Challenges: The waterproofing membrane market confronts many obstacles to growth, including regulatory compliance concerns and fluctuating raw material costs. Regulatory compliance is a key challenge for waterproofing membrane manufacturers since they must follow numerous rules and standards established by governments and industry organisations. These requirements can be complex and vary by country, making it difficult for manufacturers to comply. Regulation noncompliance may result in penalties, legal action, and reputational harm. Another issue confronting the waterproofing membrane industry is fluctuating raw material costs. Raw material costs, such as polymers and additives, might fluctuate as a result of supply and demand shifts, currency fluctuations, and geopolitical events.
Market Competitive Landscape
Asia Pacific producers of waterproofing chemicals are spending money on R&D to produce fresh, enhanced waterproofing chemical goods. Creating formulations that are more efficient, safe for the environment, and meet the unique requirements of many industries and uses is part of this. Key players include Carlisle, Pentens, Tremco, Maris Polymer, Dyflex, Dow Chemical, BASF, Sika AG, DuPont, Covestro, Pidilite, Fosroc, CICO Technologies, and Mapie.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Product, By End-Use
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| Regions covered | China, Japan, India, South Korea, Australia, Indonesia, Others
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| Companies Covered | Dow chemical, BASF, Sika AG, DuPont, Covestro, Pidilite, Fosroc, CICO Technologies, Mapie, Chryso SAS, Carlisle, Pentens, Tremco, Maris Polymer, Dyflex.
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COVID-19 Impact on Asia Pacific Waterproofing Membrane Market
The building sector is the primary user of waterproofing membranes. This industry has been badly damaged by COVID-19. The building industry has suffered as a result of logistical constraints and lockdowns in several nations. The industry has been negatively impacted by supply chain interruptions, labour shortages, logistical challenges, limited component availability, declining demand, low corporate liquidity, and manufacturing shutdowns brought on by lockdowns in several nations. During this crisis, suppliers of raw materials and other associated enterprises are compelled to reassess their approaches to serving this industry. The pandemic has caused a complete stop to development of both residential and commercial buildings. Demand for waterproofing membranes from this industry is anticipated to be moderate to medium during this crisis.
Key Target Audience:
- Construction Companies and Contractors
- Architects and Engineers
- Real Estate Developers
- Government Agencies and Municipalities
- Waterproofing Contractors and Applicators
- Industrial Facility Managers
- Distributors and Suppliers
- Property Owners and Managers
- Consultants and Industry Experts
Our in-depth analysis of the Asia Pacific Waterproofing Membrane Market includes the following segments:
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By Product:
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Sheet membrane
Liquid membrane
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By End Use:
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Roof
Deck and terrace
Car park deck
Wall
Landfill & tunnel
Wet area
Pool
Basement
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Key Topics Covered in the Report:
- Asia Pacific Waterproofing Membrane Market Size (FY’2024-FY’2033)
- Overview of Asia Pacific Waterproofing Membrane Market
- Segmentation of Asia Pacific Waterproofing Membrane Market By Product (Sheet Membranes, Liquid Membranes)
- Segmentation of Asia Pacific Waterproofing Membrane Market By End Use (Roof, Deck & Terrace, Car Park Deck, Garden Roof, Wall, Landfill & Tunnel, Wet Area, Pool, Basement)
- Statistical Snap of Asia Pacific Waterproofing Membrane Market
- Expansion Analysis of Asia Pacific Waterproofing Membrane Market
- Problems and Obstacles in Asia Pacific Waterproofing Membrane Market
- Competitive Landscape in the Asia Pacific Waterproofing Membrane Market
- Impact of COVID-19 and Demonetization on Asia Pacific Waterproofing Membrane Market
- Details on Current Investment in Asia Pacific Waterproofing Membrane Market
- Competitive Analysis of Asia Pacific Waterproofing Membrane Market
- Prominent Players in the Asia Pacific Waterproofing Membrane Market
- SWOT Analysis of Asia Pacific Waterproofing Membrane Market
- Asia Pacific Waterproofing Membrane Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Asia Pacific Waterproofing Membrane Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Asia Pacific Waterproofing Membrane Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Asia Pacific Waterproofing Membrane Market
7. Asia Pacific Waterproofing Membrane Market, By Product (USD Million) 2020-2033
7.1. Asia Pacific Waterproofing Membrane Market Size, Share and Forecast, By Product, 2020-2026
7.2. Asia Pacific Waterproofing Membrane Market Size, Share and Forecast, By Product, 2027-2033
7.3. Sheet membrane
7.3.1. Bitumen
7.3.2. Ethylene propylene diene monomer (EPDM)
7.3.3. Thermoplastic polyolefin (TPO)
7.4. Liquid membrane
7.4.1. Bitumen solvent
7.4.2. Bitumen waterbase
7.4.3. Polymer modified cement
7.4.4. Polyacrylic
7.4.5. Rapid cure system
7.4.6. 1k PU solvent
7.4.7. 2k PU solvent
7.4.8. PU bend acrylic
8. Asia Pacific Waterproofing Membrane Market, By End Use (USD Million) 2020-2033
8.1. Asia Pacific Waterproofing Membrane Market Size, Share and Forecast, By End Use, 2020-2026
8.2. Asia Pacific Waterproofing Membrane Market Size, Share and Forecast, By End Use, 2027-2033
8.3. Roof
8.4. Deck and terrace
8.5. Car park deck
8.6. Wall
8.7. Landfill & tunnel
8.8. Wet area
8.9. Pool
8.10. Basement
9. Asia Pacific Waterproofing Membrane Market Forecast, 2020-2033 (USD Million)
9.1. Asia Pacific Waterproofing Membrane Market Size and Market Share
10. Asia Pacific Waterproofing Membrane Market, By Region, 2020-2033 (USD Million)
10.1. Asia Pacific Waterproofing Membrane Market Size and Market Share By Region (2020-2026)
10.2. Asia Pacific Waterproofing Membrane Market Size and Market Share By Region (2027-2033)
10.3. China
10.4. Japan
10.5. India
10.6. South Korea
10.7. Australia
10.8. Indonesia
10.9. Others
11. Company Profile
11.1. Dow chemical
11.1.1. Company details
11.1.2. Financial outlook
11.1.3. Product summary
11.1.4. Recent developments
11.2. BASF
11.2.1. Company details
11.2.2. Financial outlook
11.2.3. Product summary
11.2.4. Recent developments
11.3. Sika AG
11.3.1. Company details
11.3.2. Financial outlook
11.3.3. Product summary
11.3.4. Recent developments
11.4. DuPont
11.4.1. Company details
11.4.2. Financial outlook
11.4.3. Product summary
11.4.4. Recent developments
11.5. Covestro
11.5.1. Company details
11.5.2. Financial outlook
11.5.3. Product summary
11.5.4. Recent developments
11.6. Pidilite
11.6.1. Company details
11.6.2. Financial outlook
11.6.3. Product summary
11.6.4. Recent developments
11.7. Fosroc
11.7.1. Company details
11.7.2. Financial outlook
11.7.3. Product summary
11.7.4. Recent developments
11.8. CICO Technologies
11.8.1. Company details
11.8.2. Financial outlook
11.8.3. Product summary
11.8.4. Recent developments
11.9. Mapie
11.9.1. Company details
11.9.2. Financial outlook
11.9.3. Product summary
11.9.4. Recent developments
11.10. Chryso SAS
11.10.1. Company details
11.10.2. Financial outlook
11.10.3. Product summary
11.10.4. Recent developments
11.11. Carlisle
11.11.1. Company details
11.11.2. Financial outlook
11.11.3. Product summary
11.11.4. Recent developments
11.12. Pentens
11.12.1. Company details
11.12.2. Financial outlook
11.12.3. Product summary
11.12.4. Recent developments
11.13. Tremco
11.13.1. Company details
11.13.2. Financial outlook
11.13.3. Product summary
11.13.4. Recent developments
11.14. Maris Polymer
11.14.1. Company details
11.14.2. Financial outlook
11.14.3. Product summary
11.14.4. Recent developments
11.15. Dyflex
11.15.1. Company details
11.15.2. Financial outlook
11.15.3. Product summary
11.15.4. Recent developments
11.16. Others
12. Conclusion
13. Reference Links
14. List of Abbreviations