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Southeast Asia Waterproofing Systems Market worth 5.35 Billion USD by 2021

10-05-2016 04:49 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: MarketsandMarkets.com

Southeast Asia Waterproofing Systems Market

Southeast Asia Waterproofing Systems Market

The report "Southeast Asia Waterproofing Systems Market by Preformed Membranes (Modified Bitumen, PVC, TPO, and EPDM), Liquid Applied Membranes (Elastomeric, Cementitious, Bituminous), Integral Systems (Pore Blocking Admixtures, Crystalline Waterproofing Admixtures), Waterproofing Chemicals (Bitumen, Elastomers, PVC, TPO, EPDM, and Concrete) - Forecasts to 2021", The market size of Southeast Asia waterproofing systems is estimated to grow from 3.03 Billion in 2016 to 5.35 Billion by 2021, at a CAGR of 14.52%.

Browse 68 market data Tables and 19 Figures spread through 88 Pages and in-depth TOC on "Southeast Asia Waterproofing Systems Market - Forecasts to 2021"
http://www.marketsandmarkets.com/Market-Reports/southeast-asia-waterproofing-systems-market-71975494.html
Early buyers will receive 10% customization on this report.

The market is driven by the rising building & construction industry, improved quality of construction, and cost-effectiveness of waterproofing chemicals.

Bitumen: The largest type segment for waterproofing chemicals

Bitumen is the most common type of waterproofing chemical used. It is extensively used in preformed membranes and coatings & LAMs as bitumen waterproofing membrane. Bituminous membranes and coatings offer exceptional waterproofing properties, and have high toughness, high resistance to water leakages, and excellent resistance to UV light. Increased government investments in commercial building & construction projects are driving the demand for waterproofing system/technology, which in turn drives the demand for bitumen, globally.

TPO: Fastest-growing market for preformed membranes

TPO membranes ensure high flexibility; cost-effectiveness; energy efficiency; durability; high resistance to UV light, ozone, and chemical exposure; low labor requirement; high strength; and environmental sustainability. These factors make it more preferable than other single ply roofing membranes. Therefore, it is the fastest-growing segment among other membranes in Southeast Asia. These membranes are gaining acceptance owing to their excellent performance and installation advantages.

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Vietnam: The largest market for waterproofing in Southeast Asia

Southeast Asia, including Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Vietnam, has always been a strong market for waterproofing. It leads the waterproofing market with respect to demand as well as consumption. In Southeast Asia, the growth of construction activities, especially in Vietnam, is an important indicator for the waterproofing demand.

Carlisle Companies Inc. (U.S.), Soprema Group (France), The Dow Chemical Company (U.S.), W.R. Grace & Co (U.S.), BASF SE (Germany), Johns Manville (U.S.), Pidilite Industries (India), Fosroc International Ltd. (U.K.), Mapei S.p.A (Italy), Firestone Building Products (U.S.), SIKA AG (Switzerland),), GSE Environmental (U.S.), and GAF Material Corporation (U.S.) are the key players of the Southeast Asia waterproofing market.

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

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