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APAC Waterproofing Membrane Market 2024 Global Analysis By key Players – Sika AG, Dow Chemical, Covestro, BASF SE, Ardex, Mapei, Tremco, Samhwa Paints, KCC Corporation, Maris Polymer and Fosroc
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Asia Pacific Waterproofing Membrane Market size is set to surpass USD 3 billion by 2024. Shift in consumer inclination towards use of durable & reliable material in construction of building structures along with increasing usage scope in wet area applications should favor Asia Pacific waterproofing membrane market size. Asia Pacific is witnessing swift growth in infrastructure development and rise in per-capita disposable income levels which should drive product demand.
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Asia Pacific waterproofing membranes market size from roofing applications expects sizable gains at over 9%. These systems are majorly used in roofing application owing to key properties which include texture, UV resistance, flexibility and durability. Liquid applied membranes are used for small roofing applications owing to application ease whereas sheet membranes are used for covering large areas owing to the ability to effectively cover cracks & gaps.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. Chryso SAS
2. Mapei
3. Ardex
4. Carlisle Companies, Inc.
5. Asia Mortar
6. EP Borneo Sdn Bhd.
7. Tremco, Inc.
8. Fair Mate
9. Polymer Technologies Pte. Ltd.
10. Pentens Ind. Corp.
11. Oriental Yuhong
12. Kangnam Chemical Co. Pvt. Ltd.
13. Samhwa Paints Industrial Co. Ltd.
14. KCC Corporation
15. Dyflex HD Co. Ltd.
16. Maris Polymer
17. Uniseal
18. Inter Aneka Lestari Kimia, PT
19. BASF SE
20. Covestro (Bayer AG)
21. Dow Chemical Company
22. Fosroc Ltd.
23. Pidilite Industries Ltd.
24. Sika AG
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China bituminous sheet waterproofing membranes market size expects sizable gains to surpass USD 250 million by 2024. Increasing application scope in deck & terrace and roof should boost bitumen sheet demand. Bitumen sheets relatively have low cost in comparison to other preformed membranes along with good adhesion & abrasion resistance properties which provide longer shelf life to building structures. China plans to construct over 56 new airports and renovating another 16 would create a surge of product demand
India polyacrylic waterproofing membrane market size should expect gains at over 12%. These products are easy to install & handle which provides ease to applicators. These systems are majorly used in applications which include roof and wet area. Increase in environmental concerns owing to rise in VoC emissions has contributed towards polyacrylic based product demand.
Asia Pacific waterproofing membranes market size from wall applications are likely to witness significant gains at over 8.5%. Majorly used products used for wall applications include polymer modified cement, polyacrylic and polyurethanes. These products provide uniform coating along with ease in applications and are majorly used to prevent cracks & porosity which can prevent leakage.
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Key feedstocks in manufacturing process includes polypropylene and bitumen. These feedstocks are derived from petrochemicals and any change in crude oil index may affect waterproofing membranes market price trend.
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