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Southeast Asia Waterproofing Systems Market

  • Author:Dongsheng-Lili
  • Release on :2016-09-27

    Southeast Asia Waterproofing Systems Market

Southeast Asia waterproofing market is estimated to reach USD 5.35 billion by 2021, at a CAGR of 14.52% between 2016 and 2021

The increasing building & construction activities in the developing countries of Southeast Asia have significantly influenced the waterproofing market in the region. The increasing use of waterproofing membranes, integral systems, and waterproofing chemicals are set to cater the growing needs of waterproofing system/technologies. In addition, the advancements in the construction industry have fueled the demand for waterproofing in the region.

Elastomers are used for manufacturing of membranes for waterproofing applications, and are generally referred to as elastomeric membranes. Elastomeric roofing membranes are durable and moisture-resistant, which increase the demand for elastomers in the waterproofing chemicals segment. As these membranes combine additives having high elasticity with the required chemical, they are highly suitable for a wide range of applications.

The building & construction industry has the largest share in Indonesia, which aids in the growth of the waterproofing chemicals market. Indonesia is projected to be the fastest-growing market for waterproofing, in terms of value and volume, during the forecast period. This is mainly attributed to the growing construction activities in the country that has resulted in the increased demand for waterproofing 

Weifang Dongsheng Waterproof Material Co.,Ltd is one of the major manufacturers of waterproofing & roofing systems, which competes with its competitors in terms of pricing, innovative products, long-term warranties, and customer care services.