Southeast Asia Waterproofing Systems Market Worth 5.35 Billion USD by 2021

PUNE, India, August 30, 2016 /PRNewswire/ --

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", published by MarketsandMarkets, The market size is estimated to grow from 3.03 Billion in 2016 to 5.35 Billion by 2021, at a CAGR of 14.52%.

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Browse 68 market data Tables and 19 Figures spread through 88 Pages and in-depth TOC on "Southeast Asia Waterproofing Systems Market"

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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.