The ‘Indonesia Waterproofing Market Size, Price, Share, Trends, Growth, Report and Forecast 2023-2028’ by Expert Market Research gives an extensive outlook of the Indonesia waterproofing market, assessing the market on the basis of its segments like type, technology, and application.
The report studies the latest updates in the market, along with their impact across the market. It also analyses the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter’s Five Forces Models.
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The key highlights of the report include:
Market Overview (2018-2028)
- Historical Market Size (2022): USD 675.97 million
- Forecast CAGR (2023-2028): 90%
- Forecast Market Size (2028): USD 898.98 million
The Indonesia waterproofing market is being driven by the flourishing construction sector in the country, supported by rising disposable incomes, rapid urbanisation, and increasing population. Due to growing population and urbanisation, there is a heightened demand for construction and infrastructural development along with waterproofing.
Across most types of construction projects, for buildings and infrastructure, waterproofing is used to provide protection to new buildings and structures, increasing their durability. Waterproofing improves structural integrity of buildings and roads, while reducing maintenance costs by preventing seepage of water. By lowering water absorption and risk of dampness, waterproofing also boosts energy-efficiency while is bolstering the Indonesia waterproofing market growth.
Meanwhile, industries are also augmenting the demand for waterproofing in Indonesia, to support the expansion of infrastructure within the country. Various industries are establishing production facilities in Indonesia, including processes that require stable interior environments. Adequate waterproofing provides greater control over interior environments, reducing the risk of mould, mildew, and water seepage, that can damage sensitive processes.
Roofing and balconies are a significant application in the Indonesia waterproofing market, as they are directly in the path of water exposure. The tropical climate of Indonesia, with extensive humidity and rainfall in low-lying areas, further increases the importance of waterproofing to extend the lifespan of various construction.
Indonesia Waterproofing Industry Definition and Major Segments
Waterproofing is a process commonly used in the construction sector to layer a protective material upon a building or structure to provide protection against water exposure and damage. By applying waterproofing, the lifespan and durability of buildings and structures can be increased, while also preventing water damage to interiors in the form of mould or mildew.
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Based on type, the market is divided into:
- Liquid Membrane
- Breakup by Type
- Bituminous Coating
- Polyurethane Membrane
- Cementitious Membrane
- Bituminous Membrane
- Thermoplastic Membrane (PVC, Others)
- Breakup by Type
On the basis of technology, the market is classified into:
- Nanotechnology Waterproofing
- Crystalline Waterproofing
- Flexible Waterproofing Membrane
By application, the market is categorised into:
- Roofing and Balconies
- Parking Deck
- Tunnel Liners
- Bridges and Highways
Indonesia Waterproofing Market Trends
Expansion of key market players within Indonesia is among the crucial trends impacting the growth of the Indonesia waterproofing market. Various global companies have established local branches in Indonesia to increase production capacities and improve local supply chains. With the anticipated growth rate of the construction market, the demand for waterproofing is set to rise, leading to a greater focus of market players towards Indonesia.
Among the types of waterproofing, liquid membrane is widely popular in Indonesia, due to the low costs involved, easy application process, and enhanced efficiency. These liquid membranes can be seamlessly applied, for example, through spraying or rolling, and dry into a solid membrane without any gaps, offering greater protection against water exposure. As the liquid membrane sticks firmly to direct substrates, there is lower risk of leakage, further increasing its demand in the Indonesia waterproofing market.
Rising popularity of interior waterproofing is another key trend influencing the waterproofing market in Indonesia. Applying a layer of waterproofing in the interiors of buildings acts as an additional layer of protection, preventing dampness, particularly in prone areas such as basements. Waterproofing prevents the spread of moisture through substrates that may be porous, leading to their increased used in remodelling projects.
Key Market Players
The major players in the Indonesia waterproofing market report are PT Bostik Indonesia, PT Mapei Indonesia Construction Products, Sika Indonesia, BMI Indonesia, P.T. BASF Indonesia, Saint Gobain Indonesia, PT. Fosroc Indonesia, PT. Normet Indonesia, Pentens Indonesia, and PT Adhi Cakra Utama Mulia, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.