Indonesia Waterproofing Membrane Market (2024-2030) | Outlook, Revenue, Companies, Share, Trends, Industry, Growth, Value, Size, Analysis & Forecast

Indonesia Waterproofing Membrane Market Highlights

Report Name	Indonesia Waterproofing Membrane Market
Forecast period	2024-2030
CAGR	8.7%
Growing Sector	Marine and Residential Sector

Topics Covered in the Indonesia Waterproofing Membrane Market

Indonesia Waterproofing Membrane Market report thoroughly covers the market by Raw Material, type, Usage and application. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Indonesia Waterproofing Membrane Market Synopsis

Indonesia Waterproofing Membrane Market is expected to grow at during the forecast period. One of the key drivers of market growth is the increase in construction activities in the region, which is backed by the government's significant investment in infrastructure. The government has launched several programs, such as the Indonesia Smart City 2020 program, which aims to develop smart cities in the country. This program will require the construction of new buildings and infrastructure, thus driving the need for reliable waterproofing solutions.

According to 6Wresearch, the Indonesia Waterproofing Membrane Market size is projected to grow at the CAGR of 8.7% during the forecast period of 2024-2030. The boom in infrastructure development and the growing need for water conservation have been driving forces for the waterproofing membrane market. The government's initiative to improve Indonesia's infrastructure has led to a sharp increase in construction projects, which has created an ample opportunity for waterproofing membrane manufacturers. Additionally, the high demand for water conservation has led to an increase in the installation of waterproofing systems in water-retaining structures, such as dams, sewage treatment plants, and swimming pools. The increasing demand for sustainable and energy-efficient buildings is one of the significant drivers of the market. As more developers and contractors focus on constructing green buildings, waterproofing membranes have become an essential component of the construction process. Additionally, the government's efforts to develop new infrastructure and upgrade existing ones have increased the demand for waterproofing solutions. Despite the growing demand, the Waterproofing membrane market in Indonesia faces a few challenges. High costs of installation and maintenance of waterproofing membranes have been the main reasons hindering market growth. The lack of skilled labor and technological expertise has resulted in the installation of low-quality waterproofing materials, affecting building structures’ longevity.

Government policies and schemes introduced in the Indonesia Waterproofing Membrane Market

The Indonesian government has been taking measures to improve the construction sector in the country. The government's investment in infrastructure development, coupled with various initiatives such as the Smart City Program, is expected to create significant opportunities for the waterproofing membrane market. Additionally, the government has been encouraging the use of eco-friendly and sustainable products in the construction industry, which presents a tremendous opportunity for manufacturers.

Leading players in the Indonesia Waterproofing Membrane Market

The waterproofing membrane market in Indonesia is highly competitive, with several regional and global players competing for a share of the market. Some of the key players include BASF, Bostik Indonesia, PT Paramount Bintang, and Sika AG, among others. These companies are competing on the basis of quality, technology, and pricing to maintain their market share and leading the Indonesia Waterproofing Membrane Market Growth.

Future Insight of the Indonesia Waterproofing Membrane Market

The future outlook for the Indonesia waterproofing membrane Industry is positive, with increasing demand from the construction industry and the growing popularity of eco-friendly products. The market is expected to witness the entry of several new players, and existing manufacturers are expected to continue to invest in R&D and technology to provide innovative solutions to the market. The Indonesia waterproofing membrane market is expected to continue its growth trajectory, driven by increasing infrastructure development and sustainable building initiatives. The rising demand for renewable energy and green buildings, coupled with the growth of the construction industry, presents an opportunity for market players to focus on innovation and cost-effective solutions. However, addressing the challenges of the high cost of waterproofing solutions, inadequate awareness, and lack of skilled labor will require concerted efforts from the government and private sector.

Market analysis by Raw Material

The raw material segment of Indonesia's waterproofing membrane market is significant in driving the growth of the market. The market consists of various raw materials such as Modified Bitumen, PVC, TPO, Acrylic, Polyurea, Polyurethane, and other materials. Among these raw materials, Modified Bitumen is the most preferred material used in the membrane due to its high tensile strength and durability. The Modified Bitumen waterproofing membrane is widely used in construction activities such as roofing systems, basement waterproofing, waterproofing of tunnels, and water and waste storage tanks. As infrastructure developments are increasing in Indonesia, the demand for Modified Bitumen-based waterproofing membrane is expected to grow, resulting in the expansion of the raw material segment.

Market analysis By Type

The Sheet-Based Membranes are widely used in the Indonesian market, accounting for a large share in the market. These types of membranes are preferred due to their ease of installation, long-term durability, and cost-effectiveness. The Sheet-Based Membranes consist of various types such as SBS (Styrene-Butadiene-Styrene) and APP (Atactic Polypropylene), and polymer modified bitumen. The demand for SBS Sheet-Based Membranes is expected to grow during the forecast period due to its excellent waterproofing properties.

Market analysis By Usage

The Indonesian waterproofing membrane market is segmented into Refurbishment and New Construction. The New Construction segment accounts for a significant share in the market. As the construction industry continues to develop, particularly in the residential and commercial sectors, the demand for waterproofing membrane materials is also expected to surge, as developers look to ensure long-term protection of their constructed buildings.

Market analysis By Application

According to Ravi Bhandari, Research Manager, 6Wresearch, the roofing segment is expected to experience significant growth during the forecasting period due to the increase in construction of residential buildings, commercial spaces, and industrial manufacturing units. The roofing membrane requirement is vast, resulting in the demand for waterproofing materials applied on the roof surface to protect the building from water damage.

Key attractiveness of the report

• 10 Years Market Numbers.
• Historical Data Starting from 2020 to 2023.
• Base Year: 2023.
• Forecast Data until 2030.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• Indonesia Waterproofing Membrane Market Outlook
• Market Size of Indonesia Waterproofing Membrane Market, 2023
• Forecast of Indonesia Waterproofing Membrane Market, 2030
• Historical Data and Forecast of Indonesia Waterproofing Membrane Revenues & Volume for the Period 2020 - 2030
• Indonesia Waterproofing Membrane Market Trend Evolution
• Indonesia Waterproofing Membrane Market Drivers and Challenges
• Indonesia Waterproofing Membrane Price Trends
• Indonesia Waterproofing Membrane Porter's Five Forces
• Indonesia Waterproofing Membrane Industry Life Cycle
• Historical Data and Forecast of Indonesia Waterproofing Membrane Market Revenues & Volume By Raw Material for the Period 2020 - 2030
• Historical Data and Forecast of Indonesia Waterproofing Membrane Market Revenues & Volume By Modified Bitumen for the Period 2020 - 2030
• Historical Data and Forecast of Indonesia Waterproofing Membrane Market Revenues & Volume By PVC for the Period 2020 - 2030
• Historical Data and Forecast of Indonesia Waterproofing Membrane Market Revenues & Volume By TPO for the Period 2020 - 2030
• Historical Data and Forecast of Indonesia Waterproofing Membrane Market Revenues & Volume By Acrylic for the Period 2020 - 2030
• Historical Data and Forecast of Indonesia Waterproofing Membrane Market Revenues & Volume By Polyurea for the Period 2020 - 2030
• Historical Data and Forecast of Indonesia Waterproofing Membrane Market Revenues & Volume By Polyurethane for the Period 2020 - 2030
• Historical Data and Forecast of Indonesia Waterproofing Membrane Market Revenues & Volume By Others for the Period 2020 - 2030
• Historical Data and Forecast of Indonesia Waterproofing Membrane Market Revenues & Volume By Type for the Period 2020 - 2030
• Historical Data and Forecast of Indonesia Waterproofing Membrane Market Revenues & Volume By Liquid-applied Membranes for the Period 2020 - 2030
• Historical Data and Forecast of Indonesia Waterproofing Membrane Market Revenues & Volume By Sheet-based Membranes for the Period 2020 - 2030
• Historical Data and Forecast of Indonesia Waterproofing Membrane Market Revenues & Volume By Usage for the Period 2020 - 2030
• Historical Data and Forecast of Indonesia Waterproofing Membrane Market Revenues & Volume By Refurbishment for the Period 2020 - 2030
• Historical Data and Forecast of Indonesia Waterproofing Membrane Market Revenues & Volume By New construction for the Period 2020 - 2030
• Historical Data and Forecast of Indonesia Waterproofing Membrane Market Revenues & Volume By Application for the Period 2020 - 2030
• Historical Data and Forecast of Indonesia Waterproofing Membrane Market Revenues & Volume By Building Structures for the Period 2020 - 2030
• Historical Data and Forecast of Indonesia Waterproofing Membrane Market Revenues & Volume By Roofing for the Period 2020 - 2030
• Historical Data and Forecast of Indonesia Waterproofing Membrane Market Revenues & Volume By Walls for the Period 2020 - 2030
• Historical Data and Forecast of Indonesia Waterproofing Membrane Market Revenues & Volume By Roadways for the Period 2020 - 2030
• Historical Data and Forecast of Indonesia Waterproofing Membrane Market Revenues & Volume By Waste & water management for the Period 2020 - 2030
• Historical Data and Forecast of Indonesia Waterproofing Membrane Market Revenues & Volume By Others for the Period 2020 - 2030
• Indonesia Waterproofing Membrane Import Export Trade Statistics
• Market Opportunity Assessment By Raw Material
• Market Opportunity Assessment By Type
• Market Opportunity Assessment By Usage
• Market Opportunity Assessment By Application
• Indonesia Waterproofing Membrane Top Companies Market Share
• Indonesia Waterproofing Membrane Competitive Benchmarking By Technical and Operational Parameters
• Indonesia Waterproofing Membrane Company Profiles
• Indonesia Waterproofing Membrane Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Raw Material

• Modified Bitumen
• PVC
• TPO
• Acrylic
• Polyurea
• Polyurethane
• Others

By Type

• Liquid-Applied Membranes
• Sheet-Based Membranes

 By Usage

• Refurbishment
• New Construction

 By Application

• Building Structures
• Roofing
• Walls
• Roadways
• Waste & Water Management
• Others