Thailand Waterproofing Market Introduction and Overview
According to SPER Market Research, the Thailand Waterproofing Market is estimated to reach USD XX billion by 2033 with a CAGR of 8.14%.
The report includes an in-depth analysis of the Thailand Waterproofing market, including market size and trends, product mix, distribution channels, and supplier analysis. Waterproofing is the act of preventing water from accessing structures such as houses or buildings, keeping the interiors dry and secure from water damage. Waterproofing helps increase the strength and integrity of outdoor structures such as bridges and highways by preventing deterioration from water seepage.
- Thailand's waterproofing business is being propelled by the booming construction sector and rising urbanisation, which is encouraging the construction of new homes as well as renovation plans. Waterproofing is becoming an important component of new construction and renovation facilities in order to minimize water damage and extend the life of the structure.
- The waterproofing market in Thailand is also expanding as a result of increased tourism, which includes both domestic and international travellers. To encourage more tourists, investments on waterproofing essential infrastructure in high-tourism towns are increasing.
Market Opportunities and Challenges
Thailand's waterproofing market offers both large market possibilities and considerable market obstacles. With rising urbanization and infrastructure development, there is an increasing demand for effective waterproofing solutions in a wide range of construction projects, from commercial buildings to residential complexes and infrastructure projects. The necessity to protect structures from the country's tropical climate, which is characterized by excessive rainfall and humidity, is driving this demand. The growth of the real estate and construction industries adds to the market's potential, opening doors for firms such as Act (Thailand) Co., Ltd., BASF (Thai) Limited, and others to deliver revolutionary waterproofing technologies.
However, the market faces several challenges. Local and worldwide competition can be fierce, demanding businesses to constantly innovate and deliver cost-effective solutions. Regulatory compliance and standards, both domestically and globally, can complicate market entry. Furthermore, ensuring the resilience and lifespan of waterproofing systems in Thailand's climate conditions is a technical difficulty.
Market Competitive Landscape
Sika Thailand is a chemical firm situated in Chonburi, Thailand, that was created in 1989. They specialize in roofing, concrete admixture, and adhesives and are a manufacturer and supplier of speciality chemicals for construction and industrial applications such as transportation, marine, and automotive. BASF (Thai) Limited was founded in 1966 and is based in Bangkok, Thailand. The company manufactures crop protection products, coatings, care chemicals, automotive catalysts, and construction chemicals, as well as offering customer and technical support.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Type, By Technology, By Application
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| Regions covered | Central Thailand, Eastern Thailand, Northern Thailand, Southern Thailand, Western Thailand
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| Companies Covered | Act (Thailand) Co., Ltd., BASF (Thai) Limited, Bostik (Thailand) Co., Ltd., Clevcon (Thailand) Co., Ltd., Fosroc (Thailand) Limited, GCP Applied Technologies Holdings (Thailand) Limited, Jorakay Corporation Co., Ltd., Saint Gobain Thailand, Sika Thailand,
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COVID-19 Impact on Thailand Waterproofing Market
The COVID-19 epidemic had a significant impact on the Thailand waterproofing industry, posing both obstacles and opportunities. Because of construction activity halts and supply chain delays caused by lockdowns and restrictions, demand for waterproofing solutions fluctuated. Due to project delays and uncertainties, developers and builders were cautious in their expenditure, affecting total market growth. Companies such as Act (Thailand) Co., Ltd., BASF (Thailand) Limited, and others had to change their strategy to deal with these issues. However, the epidemic emphasized the necessity of waterproofing in protecting structures from the weather, directing focus to resilient and long-lasting solutions.
Key Target Audience:
- Property Developers and Owners
- Architects and Engineers
- Contractors and Builders
- Infrastructure Developers
- Facility Managers and Maintenance Professionals
Our in-depth analysis of the Thailand Waterproofing Market includes the following segments:
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By Type:
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Bituminous Membrane
Cementitious Membrane
Liquid Membrane
Thermoplastic Membrane
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By Technology:
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Crystalline Waterproofing
Flexible Waterproofing Membrane
Nanotechnology Waterproofing
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By Application:
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Bridges and Highways
Parking Deck
Roofing and Balconies
Tunnel Liners
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Key Topics Covered in the Report:
- Thailand Waterproofing Market Size (FY’2023-FY’2033)
- Overview of Thailand Waterproofing Market
- Segmentation of Thailand Waterproofing Market By Type (Bituminous Membrane, Cementitious Membrane, Liquid Membrane, Thermoplastic Membrane, Others)
- Segmentation of Thailand Waterproofing Market By Technology (Crystalline Waterproofing, Flexible Waterproofing Membrane, Nanotechnology Waterproofing)
- Segmentation of Thailand Waterproofing Market By Application (Bridges and Highways, Parking Deck, Roofing and Balconies, Tunnel Liners, Others)
- Statistical Snap of Thailand Waterproofing Market
- Expansion Analysis of Thailand Waterproofing Market
- Problems and Obstacles in Thailand Waterproofing Market
- Competitive Landscape in the Thailand Waterproofing Market
- Impact of COVID-19 and Demonetization on Thailand Waterproofing Market
- Details on Current Investment in Thailand Waterproofing Market
- Competitive Analysis of Thailand Waterproofing Market
- Prominent Players in the Thailand Waterproofing Market
- SWOT Analysis of Thailand Waterproofing Market
- Thailand Waterproofing Market Future Outlook and Projections (FY’2023-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 Thailand Waterproofing 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. Thailand Waterproofing Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Thailand Waterproofing Market
7. Thailand Waterproofing Market, By Type (USD Million)
7.1. Thailand Waterproofing Market Value Share and Forecast, By Type, 2023-2033
7.2. Bituminous Membrane
7.3. Cementitious Membrane
7.4. Liquid Membrane
7.5. Thermoplastic Membrane
7.6. Others
8. Thailand Waterproofing Market, By Technology (USD Million)
8.1. Thailand Waterproofing Market Value Share and Forecast, By Technology, 2023-2033
8.2. Crystalline Waterproofing
8.3. Flexible Waterproofing Membrane
8.4. Nanotechnology Waterproofing
9. Thailand Waterproofing Market, By Application (USD Million)
9.1. Thailand Waterproofing Market Value Share and Forecast, By Application, 2023-2033
9.2. Bridges and Highways
9.3. Parking Deck
9.4. Roofing and Balconies
9.5. Tunnel Liners
9.6. Others
10. Thailand Waterproofing Market Forecast, 2019-2033 (USD Million)
10.1. Thailand Waterproofing Market Size and Market Share
11. Thailand Waterproofing Market, By Type, 2019-2033 (USD Million)
11.1. Thailand Waterproofing Market Size and Market Share By Type (2019-2026)
11.2. Thailand Waterproofing Market Size and Market Share By Type (2027-2033)
12. Thailand Waterproofing Market, By Technology, 2019-2033 (USD Million)
12.1. Thailand Waterproofing Market Size and Market Share By Technology (2019-2026)
12.2. Thailand Waterproofing Market Size and Market Share By Technology(2027-2033)
13. Thailand Waterproofing Market, By Application, 2019-2033 (USD Million)
13.1. Thailand Waterproofing Market Size and Market Share By Application (2019-2026)
13.2. Thailand Waterproofing Market Size and Market Share By Application (2027-2033)
14. Thailand Waterproofing Market, By Region, 2019-2033 (USD Million)
14.1. Thailand Waterproofing Market Size and Market Share By Region (2019-2026)
14.2. Thailand Waterproofing Market Size and Market Share By Region (2027-2033)
14.3. Central Thailand
14.4. Eastern Thailand
14.5. Northern Thailand
14.6. Southern Thailand
14.7. Western Thailand
15. Company Profile
15.1. Act (Thailand) Co., Ltd.
15.1.1. Company details
15.1.2. Financial outlook
15.1.3. Product summary
15.1.4. Recent developments
15.2. BASF (Thai) Limited
15.2.1. Company details
15.2.2. Financial outlook
15.2.3. Product summary
15.2.4. Recent developments
15.3. Bostik (Thailand) Co.,Ltd.
15.3.1. Company details
15.3.2. Financial outlook
15.3.3. Product summary
15.3.4. Recent developments
15.4. Clevcon (Thailand) Co., Ltd.
15.4.1. Company details
15.4.2. Financial outlook
15.4.3. Product summary
15.4.4. Recent developments
15.5. Fosroc (Thailand) Limited
15.5.1. Company details
15.5.2. Financial outlook
15.5.3. Product summary
15.5.4. Recent developments
15.6. GCP Applied Technologies Holdings (Thailand) Limited
15.6.1. Company details
15.6.2. Financial outlook
15.6.3. Product summary
15.6.4. Recent developments
15.7. Jorakay Corporation Co.,Ltd.
15.7.1. Company details
15.7.2. Financial outlook
15.7.3. Product summary
15.7.4. Recent developments
15.8. Saint Gobain Thailand
15.8.1. Company details
15.8.2. Financial outlook
15.8.3. Product summary
15.8.4. Recent developments
15.9. Others
16. List of Abbreviations
17. Reference Links
18. Conclusion
19. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
