Key Insights
The ASEAN waterproofing market, while specific data for this region is absent from the provided information, exhibits significant growth potential mirroring global trends. Considering a global CAGR of >6.50% and the robust construction activities across ASEAN nations fueled by infrastructure development and urbanization, a conservative estimate places the ASEAN market size in 2025 at approximately $500 million USD. This figure accounts for factors such as rising disposable incomes, increasing construction of residential and commercial buildings, and the growing demand for infrastructure projects like roads, bridges, and dams. The market is segmented by product type (liquid-applied membranes, cementitious coatings, sheet membranes, bitumen-based waterproofing, and others), application (residential, commercial, infrastructure, industrial), and end-users (contractors, architects, engineers, builders, and homeowners). The liquid-applied membranes segment is expected to dominate due to its ease of application and superior performance in various climates. Rising awareness of sustainable building practices and the need for durable waterproofing solutions are key drivers. However, factors like fluctuating raw material prices and the potential impact of economic downturns can act as restraints. Leading players, such as those mentioned in the global market overview (although their specific ASEAN market share isn't provided), are likely competing intensely, focusing on innovation and expanding their distribution networks within the region.
The future outlook for the ASEAN waterproofing market remains positive. Government initiatives promoting sustainable construction and infrastructure projects will likely stimulate further growth. The increasing adoption of advanced waterproofing technologies, coupled with rising awareness among consumers about the importance of waterproofing in protecting assets, will drive demand for higher-quality and specialized products. Further market segmentation analysis focusing on individual ASEAN nations will reveal more precise growth projections based on unique country-specific factors such as climate, building codes, and economic conditions. Competitive landscape analysis would also benefit from further information regarding specific market shares of each company within the ASEAN region.

ASEAN Waterproofing Industry Market Report: 2019-2033
This comprehensive report provides an in-depth analysis of the ASEAN waterproofing industry, covering market dynamics, growth trends, key players, and future outlook. The study period spans from 2019 to 2033, with 2025 as the base and estimated year. The report is essential for industry professionals, investors, and anyone seeking a thorough understanding of this dynamic market. The report segments the market by type (Liquid-applied waterproofing membranes, cementitious waterproofing coatings, sheet membranes, bitumen-based waterproofing, and others), application (Residential construction, commercial construction, infrastructure, industrial, and others), and end-user (Contractors, architects, engineers, builders, and homeowners).
ASEAN Waterproofing Industry Market Dynamics & Structure
The ASEAN waterproofing market is characterized by moderate concentration, with several multinational corporations and regional players vying for market share. Market size in 2025 is estimated at xx Million units. Technological innovation, particularly in sustainable and high-performance materials, is a key driver. Regulatory frameworks related to building codes and environmental standards significantly impact market growth. Competitive pressures from substitute materials and the increasing adoption of green building practices are shaping the industry landscape. Mergers and acquisitions (M&A) activity is expected to remain consistent, with larger players seeking to expand their product portfolios and geographic reach.
- Market Concentration: Moderately concentrated, with top 5 players holding approximately xx% market share in 2025.
- Technological Innovation: Focus on high-performance, sustainable, and eco-friendly materials.
- Regulatory Framework: Building codes and environmental regulations influence product selection and adoption.
- Competitive Substitutes: Traditional materials face competition from innovative waterproofing solutions.
- End-User Demographics: Growing urbanization and infrastructure development fuel market demand.
- M&A Trends: Consolidation expected, with larger players acquiring smaller companies to expand their reach. xx M&A deals predicted between 2025-2033.
ASEAN Waterproofing Industry Growth Trends & Insights
The ASEAN waterproofing market is experiencing robust growth, driven by rapid urbanization, infrastructure development, and increasing awareness of building durability. The market size is projected to reach xx Million units by 2033, exhibiting a CAGR of xx% during the forecast period (2025-2033). This growth is fueled by rising construction activities across residential, commercial, and industrial sectors. Technological advancements are leading to the adoption of more efficient and sustainable waterproofing solutions. Consumer preferences are shifting towards high-performance, eco-friendly, and durable products.

Dominant Regions, Countries, or Segments in ASEAN Waterproofing Industry
The report identifies [Country Name, e.g., Singapore] as the leading region in the ASEAN waterproofing market in 2025, driven by strong economic growth, robust construction activity, and government initiatives supporting infrastructure development. Within the segments, Liquid-applied waterproofing membranes hold the largest market share due to their versatility and ease of application.
- Key Drivers:
- Rapid urbanization and infrastructure development.
- Rising disposable incomes and improved living standards.
- Government initiatives promoting sustainable construction practices.
- Increasing awareness about the importance of building durability.
- Dominance Factors:
- Strong economic growth and construction activity in leading regions.
- Favorable government policies and regulations.
- High adoption rates of advanced waterproofing technologies.
ASEAN Waterproofing Industry Product Landscape
The ASEAN waterproofing market offers a diverse range of products, including liquid-applied membranes, cementitious coatings, sheet membranes, and bitumen-based solutions. Recent innovations focus on improving durability, sustainability, and ease of application. Many manufacturers emphasize the unique selling propositions of their products, highlighting features such as enhanced longevity, resistance to extreme weather conditions, and eco-friendly composition. Technological advancements such as self-healing membranes and smart waterproofing systems are gaining traction.
Key Drivers, Barriers & Challenges in ASEAN Waterproofing Industry
Key Drivers: Rapid urbanization, infrastructure projects, and government investments in construction are major drivers. The increasing demand for sustainable and high-performance building materials further fuels market growth.
Key Challenges: Fluctuations in raw material prices, intense competition, and stringent environmental regulations present challenges. Supply chain disruptions and skilled labor shortages also impact the industry. The market is expected to face xx Million units loss due to supply chain issues by 2030.
Emerging Opportunities in ASEAN Waterproofing Industry
Untapped markets in rural areas and the growing demand for green building materials present significant opportunities. Innovative applications in areas like waterproofing for renewable energy infrastructure offer considerable potential. Evolving consumer preferences towards high-performance and eco-friendly products are shaping the market landscape.
Growth Accelerators in the ASEAN Waterproofing Industry Industry
Technological advancements in waterproofing materials, strategic partnerships between manufacturers and construction companies, and market expansion into emerging economies are key growth catalysts. Government initiatives supporting sustainable construction further accelerate market development.
Key Players Shaping the ASEAN Waterproofing Industry Market
- CHRYSO
- SOPREMA Group
- Campbridge Paints Inc
- SOLMAX
- Pidilite Industries Ltd
- BASF SE
- Xypex Chemical Corporation
- Dow
- SWC Construction
- Fosroc Inc
- MAPEI S p A
- Sika AG
- Minerals Technologies Inc
- Bostik
- Saint-Gobain Weber
Notable Milestones in ASEAN Waterproofing Industry Sector
- May 2022: Sika AG launched Sarnafil AT, a hybrid roofing membrane with Cradle to Grave Certification.
- July 2022: Sika AG partnered with All Weather Insulated Panels to launch a combined roofing system.
In-Depth ASEAN Waterproofing Industry Market Outlook
The ASEAN waterproofing market is poised for significant growth, driven by continued urbanization, infrastructure development, and a rising preference for durable and sustainable building materials. Strategic partnerships and technological innovation will play a crucial role in shaping future market dynamics. The market is expected to see xx Million units increase in demand for sustainable products by 2033. This presents significant opportunities for companies focusing on high-performance, eco-friendly waterproofing solutions.
ASEAN Waterproofing Industry Segmentation
-
1. Geography
- 1.1. Malaysia
- 1.2. Indonesia
- 1.3. Thailand
- 1.4. Singapore
- 1.5. Philippines
- 1.6. Vietnam
- 1.7. Myanmar
ASEAN Waterproofing Industry Segmentation By Geography
- 1. Malaysia
- 2. Indonesia
- 3. Thailand
- 4. Singapore
- 5. Philippines
- 6. Vietnam
- 7. Myanmar

ASEAN Waterproofing Industry REPORT HIGHLIGHTS
Aspects | Details |
---|---|
Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of > 6.50% from 2019-2033 |
Segmentation |
|
Table of Contents
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. Increasing Government Investments on Construction Projects
- 3.3. Market Restrains
- 3.3.1. Geopolitical Concerns and Volatility of Trade
- 3.4. Market Trends
- 3.4.1. Traffic Systems/Topcoats to Boost the Market Demand
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. ASEAN Waterproofing Industry Analysis, Insights and Forecast, 2019-2031
- 5.1. Market Analysis, Insights and Forecast - by Geography
- 5.1.1. Malaysia
- 5.1.2. Indonesia
- 5.1.3. Thailand
- 5.1.4. Singapore
- 5.1.5. Philippines
- 5.1.6. Vietnam
- 5.1.7. Myanmar
- 5.2. Market Analysis, Insights and Forecast - by Region
- 5.2.1. Malaysia
- 5.2.2. Indonesia
- 5.2.3. Thailand
- 5.2.4. Singapore
- 5.2.5. Philippines
- 5.2.6. Vietnam
- 5.2.7. Myanmar
- 5.1. Market Analysis, Insights and Forecast - by Geography
- 6. Malaysia ASEAN Waterproofing Industry Analysis, Insights and Forecast, 2019-2031
- 6.1. Market Analysis, Insights and Forecast - by Geography
- 6.1.1. Malaysia
- 6.1.2. Indonesia
- 6.1.3. Thailand
- 6.1.4. Singapore
- 6.1.5. Philippines
- 6.1.6. Vietnam
- 6.1.7. Myanmar
- 6.1. Market Analysis, Insights and Forecast - by Geography
- 7. Indonesia ASEAN Waterproofing Industry Analysis, Insights and Forecast, 2019-2031
- 7.1. Market Analysis, Insights and Forecast - by Geography
- 7.1.1. Malaysia
- 7.1.2. Indonesia
- 7.1.3. Thailand
- 7.1.4. Singapore
- 7.1.5. Philippines
- 7.1.6. Vietnam
- 7.1.7. Myanmar
- 7.1. Market Analysis, Insights and Forecast - by Geography
- 8. Thailand ASEAN Waterproofing Industry Analysis, Insights and Forecast, 2019-2031
- 8.1. Market Analysis, Insights and Forecast - by Geography
- 8.1.1. Malaysia
- 8.1.2. Indonesia
- 8.1.3. Thailand
- 8.1.4. Singapore
- 8.1.5. Philippines
- 8.1.6. Vietnam
- 8.1.7. Myanmar
- 8.1. Market Analysis, Insights and Forecast - by Geography
- 9. Singapore ASEAN Waterproofing Industry Analysis, Insights and Forecast, 2019-2031
- 9.1. Market Analysis, Insights and Forecast - by Geography
- 9.1.1. Malaysia
- 9.1.2. Indonesia
- 9.1.3. Thailand
- 9.1.4. Singapore
- 9.1.5. Philippines
- 9.1.6. Vietnam
- 9.1.7. Myanmar
- 9.1. Market Analysis, Insights and Forecast - by Geography
- 10. Philippines ASEAN Waterproofing Industry Analysis, Insights and Forecast, 2019-2031
- 10.1. Market Analysis, Insights and Forecast - by Geography
- 10.1.1. Malaysia
- 10.1.2. Indonesia
- 10.1.3. Thailand
- 10.1.4. Singapore
- 10.1.5. Philippines
- 10.1.6. Vietnam
- 10.1.7. Myanmar
- 10.1. Market Analysis, Insights and Forecast - by Geography
- 11. Vietnam ASEAN Waterproofing Industry Analysis, Insights and Forecast, 2019-2031
- 11.1. Market Analysis, Insights and Forecast - by Geography
- 11.1.1. Malaysia
- 11.1.2. Indonesia
- 11.1.3. Thailand
- 11.1.4. Singapore
- 11.1.5. Philippines
- 11.1.6. Vietnam
- 11.1.7. Myanmar
- 11.1. Market Analysis, Insights and Forecast - by Geography
- 12. Myanmar ASEAN Waterproofing Industry Analysis, Insights and Forecast, 2019-2031
- 12.1. Market Analysis, Insights and Forecast - by Geography
- 12.1.1. Malaysia
- 12.1.2. Indonesia
- 12.1.3. Thailand
- 12.1.4. Singapore
- 12.1.5. Philippines
- 12.1.6. Vietnam
- 12.1.7. Myanmar
- 12.1. Market Analysis, Insights and Forecast - by Geography
- 13. UAE ASEAN Waterproofing Industry Analysis, Insights and Forecast, 2019-2031
- 14. South Africa ASEAN Waterproofing Industry Analysis, Insights and Forecast, 2019-2031
- 15. Saudi Arabia ASEAN Waterproofing Industry Analysis, Insights and Forecast, 2019-2031
- 16. Rest of MEA ASEAN Waterproofing Industry Analysis, Insights and Forecast, 2019-2031
- 17. Competitive Analysis
- 17.1. Market Share Analysis 2024
- 17.2. Company Profiles
- 17.2.1 CHRYSO
- 17.2.1.1. Overview
- 17.2.1.2. Products
- 17.2.1.3. SWOT Analysis
- 17.2.1.4. Recent Developments
- 17.2.1.5. Financials (Based on Availability)
- 17.2.2 SOPREMA Group
- 17.2.2.1. Overview
- 17.2.2.2. Products
- 17.2.2.3. SWOT Analysis
- 17.2.2.4. Recent Developments
- 17.2.2.5. Financials (Based on Availability)
- 17.2.3 Campbridge Paints Inc
- 17.2.3.1. Overview
- 17.2.3.2. Products
- 17.2.3.3. SWOT Analysis
- 17.2.3.4. Recent Developments
- 17.2.3.5. Financials (Based on Availability)
- 17.2.4 SOLMAX
- 17.2.4.1. Overview
- 17.2.4.2. Products
- 17.2.4.3. SWOT Analysis
- 17.2.4.4. Recent Developments
- 17.2.4.5. Financials (Based on Availability)
- 17.2.5 Pidilite Industries Ltd
- 17.2.5.1. Overview
- 17.2.5.2. Products
- 17.2.5.3. SWOT Analysis
- 17.2.5.4. Recent Developments
- 17.2.5.5. Financials (Based on Availability)
- 17.2.6 BASF SE
- 17.2.6.1. Overview
- 17.2.6.2. Products
- 17.2.6.3. SWOT Analysis
- 17.2.6.4. Recent Developments
- 17.2.6.5. Financials (Based on Availability)
- 17.2.7 Xypex Chemical Corporation*List Not Exhaustive
- 17.2.7.1. Overview
- 17.2.7.2. Products
- 17.2.7.3. SWOT Analysis
- 17.2.7.4. Recent Developments
- 17.2.7.5. Financials (Based on Availability)
- 17.2.8 Dow
- 17.2.8.1. Overview
- 17.2.8.2. Products
- 17.2.8.3. SWOT Analysis
- 17.2.8.4. Recent Developments
- 17.2.8.5. Financials (Based on Availability)
- 17.2.9 SWC Construction
- 17.2.9.1. Overview
- 17.2.9.2. Products
- 17.2.9.3. SWOT Analysis
- 17.2.9.4. Recent Developments
- 17.2.9.5. Financials (Based on Availability)
- 17.2.10 Fosroc Inc
- 17.2.10.1. Overview
- 17.2.10.2. Products
- 17.2.10.3. SWOT Analysis
- 17.2.10.4. Recent Developments
- 17.2.10.5. Financials (Based on Availability)
- 17.2.11 MAPEI S p A
- 17.2.11.1. Overview
- 17.2.11.2. Products
- 17.2.11.3. SWOT Analysis
- 17.2.11.4. Recent Developments
- 17.2.11.5. Financials (Based on Availability)
- 17.2.12 Sika AG
- 17.2.12.1. Overview
- 17.2.12.2. Products
- 17.2.12.3. SWOT Analysis
- 17.2.12.4. Recent Developments
- 17.2.12.5. Financials (Based on Availability)
- 17.2.13 Minerals Technologies Inc
- 17.2.13.1. Overview
- 17.2.13.2. Products
- 17.2.13.3. SWOT Analysis
- 17.2.13.4. Recent Developments
- 17.2.13.5. Financials (Based on Availability)
- 17.2.14 Bostik
- 17.2.14.1. Overview
- 17.2.14.2. Products
- 17.2.14.3. SWOT Analysis
- 17.2.14.4. Recent Developments
- 17.2.14.5. Financials (Based on Availability)
- 17.2.15 Saint-Gobain Weber
- 17.2.15.1. Overview
- 17.2.15.2. Products
- 17.2.15.3. SWOT Analysis
- 17.2.15.4. Recent Developments
- 17.2.15.5. Financials (Based on Availability)
- 17.2.1 CHRYSO
List of Figures
- Figure 1: ASEAN Waterproofing Industry Revenue Breakdown (Million, %) by Product 2024 & 2032
- Figure 2: ASEAN Waterproofing Industry Share (%) by Company 2024
List of Tables
- Table 1: ASEAN Waterproofing Industry Revenue Million Forecast, by Region 2019 & 2032
- Table 2: ASEAN Waterproofing Industry Revenue Million Forecast, by Geography 2019 & 2032
- Table 3: ASEAN Waterproofing Industry Revenue Million Forecast, by Region 2019 & 2032
- Table 4: ASEAN Waterproofing Industry Revenue Million Forecast, by Country 2019 & 2032
- Table 5: UAE ASEAN Waterproofing Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 6: South Africa ASEAN Waterproofing Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 7: Saudi Arabia ASEAN Waterproofing Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 8: Rest of MEA ASEAN Waterproofing Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 9: ASEAN Waterproofing Industry Revenue Million Forecast, by Geography 2019 & 2032
- Table 10: ASEAN Waterproofing Industry Revenue Million Forecast, by Country 2019 & 2032
- Table 11: ASEAN Waterproofing Industry Revenue Million Forecast, by Geography 2019 & 2032
- Table 12: ASEAN Waterproofing Industry Revenue Million Forecast, by Country 2019 & 2032
- Table 13: ASEAN Waterproofing Industry Revenue Million Forecast, by Geography 2019 & 2032
- Table 14: ASEAN Waterproofing Industry Revenue Million Forecast, by Country 2019 & 2032
- Table 15: ASEAN Waterproofing Industry Revenue Million Forecast, by Geography 2019 & 2032
- Table 16: ASEAN Waterproofing Industry Revenue Million Forecast, by Country 2019 & 2032
- Table 17: ASEAN Waterproofing Industry Revenue Million Forecast, by Geography 2019 & 2032
- Table 18: ASEAN Waterproofing Industry Revenue Million Forecast, by Country 2019 & 2032
- Table 19: ASEAN Waterproofing Industry Revenue Million Forecast, by Geography 2019 & 2032
- Table 20: ASEAN Waterproofing Industry Revenue Million Forecast, by Country 2019 & 2032
- Table 21: ASEAN Waterproofing Industry Revenue Million Forecast, by Geography 2019 & 2032
- Table 22: ASEAN Waterproofing Industry Revenue Million Forecast, by Country 2019 & 2032
Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the ASEAN Waterproofing Industry?
The projected CAGR is approximately > 6.50%.
2. Which companies are prominent players in the ASEAN Waterproofing Industry?
Key companies in the market include CHRYSO, SOPREMA Group, Campbridge Paints Inc, SOLMAX, Pidilite Industries Ltd, BASF SE, Xypex Chemical Corporation*List Not Exhaustive, Dow, SWC Construction, Fosroc Inc, MAPEI S p A, Sika AG, Minerals Technologies Inc, Bostik, Saint-Gobain Weber.
3. What are the main segments of the ASEAN Waterproofing Industry?
The market segments include Geography.
4. Can you provide details about the market size?
The market size is estimated to be USD XX Million as of 2022.
5. What are some drivers contributing to market growth?
Increasing Government Investments on Construction Projects.
6. What are the notable trends driving market growth?
Traffic Systems/Topcoats to Boost the Market Demand.
7. Are there any restraints impacting market growth?
Geopolitical Concerns and Volatility of Trade.
8. Can you provide examples of recent developments in the market?
July 2022: Sika AG expanded its product portfolio as it partnered with insulation expert manufacturer All Weather Insulated Panels and launched a product that will contain PVC roof membrane of Sika AG and AWIP Dekinsulated roof panel of AWIP.
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 3800, USD 4500, and USD 5800 respectively.
10. Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in Million.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "ASEAN Waterproofing Industry," which aids in identifying and referencing the specific market segment covered.
12. How do I determine which pricing option suits my needs best?
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
13. Are there any additional resources or data provided in the ASEAN Waterproofing Industry report?
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
14. How can I stay updated on further developments or reports in the ASEAN Waterproofing Industry?
To stay informed about further developments, trends, and reports in the ASEAN Waterproofing Industry, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.
Methodology
Step 1 - Identification of Relevant Samples Size from Population Database



Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)

Note*: In applicable scenarios
Step 3 - Data Sources
Primary Research
- Web Analytics
- Survey Reports
- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
- White Paper
- Latest Press Release
- Industry Association
- Paid Database
- Investor Presentations

Step 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence