Indonesia Waterproofing Market Outlook
According to the report by Expert Market Research (EMR), the Indonesia waterproofing market size reached a value of USD 709.09 million in 2023. Aided by the robust expansion in construction activities and heightened awareness regarding infrastructure longevity and maintenance, the market is projected to further grow at a CAGR of 4.90% between 2024 and 2032 to reach a value of USD 1,088.56 million by 2032.
Waterproofing is critical in protecting buildings and infrastructure from water ingress, which can cause serious damage such as structural weakening, mold growth, and material corrosion. In Indonesia’s tropical climate, characterised by high rainfall, the demand for effective waterproofing solutions is particularly acute. The sector utilises a range of materials and technologies, including membranes, coatings, sealants, and integral systems.
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The Indonesian government’s ongoing focus on infrastructure development, including housing, roads, and bridges, significantly drives the Indonesia waterproofing market demand. Moreover, Rapid urbanisation and the consequent rise in construction activities in urban areas are boosting the need for advanced waterproofing to ensure the longevity of new structures.
Increasing regulations regarding building safety and environmental sustainability are also pushing the adoption of high-quality waterproofing materials. Additionally, there is a growing trend towards environmentally friendly waterproofing materials that offer sustainable benefits without compromising performance. The development of advanced polymer-based waterproofing solutions offers improved durability and flexibility, ideal for Indonesia’s variable climate, consequently driving up the Indonesia waterproofing market share.
The market is experiencing growth due to advancements in waterproofing technology, including the creation of torches on membranes and the development of innovative products that offer improved durability and performance. In Indonesia, where rainfall is common, the risk of water damage is high. As a result, individuals in the country are increasingly investing in high-quality waterproofing solutions to safeguard the interiors of their homes or workplaces, consequently boosting the Indonesia waterproofing market growth.
The Indonesia waterproofing market is significantly influenced by the expansion of the liquid membrane segment, which holds a considerable market share. This is primarily due to their affordability, simplicity in application, and superior effectiveness. The liquid membrane type of waterproofing material possesses the capability to cure effortlessly, resulting in the formation of a solid membrane without any gaps. This characteristic appeals to a wide range of consumers in Indonesia. Additionally, liquid membranes can be applied through spraying or rolling techniques, adhering firmly and directly to the substrate. This prevents any leakage or water damage to the structure, while also ensuring ease of application.
As per the Indonesia waterproofing market analysis, the market is particularly strong in Java, which is the economic and political heart of Indonesia, hosting the majority of construction projects. Other regions, such as Sumatra and Bali, also show significant market potential, driven by both residential and commercial construction growth.
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Indonesia Waterproofing Market Segmentation
The market can be divided based on the type, technology, and application.
Market Breakup by Type
- Liquid Membrane
- Bituminous Coating
- Polyurethane Membrane
- Epoxy
- Acrylic
- Cementitious Membrane
- Bituminous Membrane
- Thermoplastic Membrane (PVC, Others)
Market Breakup by Technology
- Nanotechnology Waterproofing
- Crystalline Waterproofing
- Flexible Waterproofing Membrane
Market Breakup by Application
- Roofing and Balconies
- Parking Deck
- Tunnel Liners
- Bridges and Highways
- Others
Indonesia Waterproofing Market Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the Indonesia waterproofing market. Some of the major players explored in the report by Expert Market Research are as follows:
- 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
- PT Adhi Cakra Utama Mulia
- Others
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