The Thailand Waterproofing Membrane Market was valued at $376 Million in 2025 and projected to reach to $435.4 Million by 2030, representing a compound annual growth rate of CAGR 7.4%. Thailand's waterproofing membrane market is positioned for sustained growth through 2030, supported by accelerating urbanization, increased foreign direct investment in construction, and government infrastructure programs.
| Market Size in | USD 26.32 MN |
| Market Forecast in | |
| CAGR | |
| Forecast Period | |
| Units Considered | Value (USD MN) |
Thailand's waterproofing membrane market is valued at USD 376.0 million in 2025, with strong growth momentum driven by construction sector expansion and infrastructure modernization across the country.
The market is projected to grow at a CAGR of 7.4% from 2025 to 2030, outpacing the global average of 6%, indicating Thailand's accelerating demand for advanced waterproofing solutions.
Rapid urbanization in Bangkok and secondary cities is driving demand for durable building materials, with waterproofing membranes becoming essential in residential, commercial, and infrastructure projects.
Government-backed infrastructure initiatives and rising private construction investments are creating sustained demand for high-performance waterproofing solutions in Thailand's building sector.
| Report Metric | Details |
|---|---|
| Base Year | 2025 |
| Fastest Growing Segment | TPO (Raw Material) |
| Forecast Period | 2025–2030 |
| Growth Rate | CAGR of 6% from 2025 to 2030 |
| Largest Segment | LIQUID-APPLIED MEMBRANES (Type) |
| Market Size Base Year (Billions) | ~USD 38.78 (2025) |
| Revenue Forecast (Billions) | ~USD 51.9 (2030) |
| Segments Covered | Type, Usage, Material Type, Raw Material, Application |
5 segment dimensions are covered across the global market.
| Company | HQ | Ownership | Strongest segments |
|---|---|---|---|
| SIKA | Switzerland | Public Company | Concrete admixtures and additives,Waterproofing systems (SikaProof and related),Roofing systems (Sika Sarnafil and accessories), |
| GCP | United Kingdom | Public Fund | Senior infrastructure debt,Subordinated / mezzanine infrastructure debt,Cash, derivatives and other income, |
| CARLISLE COMPANIES INC. | United States | Public Company | Single-ply roofing membranes (EPDM, TPO, PVC),Polyiso and EPS insulation,Weatherproofing, air/vapor barriers, and sealants, |
| MAPEI S.P.A. | Italy | Private Company | Ceramic and stone installation systems,Resilient, LVT, textile, and sports flooring systems,Wooden and resin flooring, acoustic and thermal insulation, |
| HOLCIM | Switzerland | Public Company | Cement, clinker, and other cementitious materials,Ready-mix concrete and precast products,Aggregates (crushed stone, gravel, sand, asphalts), |
| STANDARD INDUSTRIES INC. | United States | Private Company | Residential shingles and system components,Commercial roofing systems and membranes,Insulation, cover boards, and accessories, |
| JOHNS MANVILLE | United States | Private Company | Building and mechanical insulation,Commercial roofing systems and roof insulation,Glass fibers for construction and automotive, |
| BEIJING ORIENTAL YUHONG WATERPROOF TECHNOLOGY CO., LTD. | China | Public Company | Waterproof membranes and coatings (YUHONG),Construction raw materials and VASA building materials,Insulation materials and architectural coatings, |
| PIDILITE INDUSTRIES LTD. | India | Public Company | Consumer & Bazaar – Adhesives and Sealants (Fevicol, Fevikwik, Fevibond, Fevistick, Fevicol MR, Araldite, steelgrip, HOLDTITE LEAKGUARD),Consumer & Bazaar – Construction and Paint Chemicals (Dr. Fixit, Roff, Haisha Paints, WUDFIN, Piditint, UNITINT, TENAX),Consumer & Bazaar – Art, Craft, and DIY (Fevicryl, Rangeela, Fevigum, MOTO MAX, Terminator, WD-40, Zorrik-88, Stainoff, BRITE-SUPER, BLUECOAT, D-klog), |
| KESHUN WATERPROOF TECHNOLOGY CO., LTD. | China | Public Company | Waterproofing membranes,Waterproof coatings,System solutions & engineering construction, |
Sika is a Swiss public company founded in 1910 with 33,856 employees.
GCP is a United Kingdom-based public fund established in 2010.
Carlisle Companies Inc. is a United States-based public company founded in 1917 with 5,900 employees.
Mapei S.p.A. is an Italian private company founded in 1937 with 13,252 employees.
Holcim is a Swiss public company founded in 1833 with 45,595 employees.
Standard Industries Inc. is a United States-based private company founded in 1886 with 3,700 employees.
Johns Manville is a United States-based private company founded in 1858 with 9,740 employees.
Beijing Oriental Yuhong Waterproof Technology Co., Ltd. is a Chinese public company founded in 1995 with 10,318 employees.
Pidilite Industries Ltd. is an Indian public company founded in 1959 with 8,835 employees.
Keshun Waterproof Technology Co., Ltd. is a Chinese public company founded in 1996 with 3,031 employees.
Thailand's waterproofing membrane market is valued at USD 376.0 million in 2025 and is expected to grow to USD 435.4 million by 2030.
Thailand's waterproofing membrane market is projected to grow at a CAGR of 7.4% from 2025 to 2030, outpacing the global average of 6%.
Key drivers include rapid urbanization, increased construction activity, infrastructure modernization, climate resilience requirements, and Thailand's role as a regional manufacturing hub.
Thailand's 7.4% CAGR exceeds the global waterproofing membrane market CAGR of 6%, indicating stronger regional demand and market opportunity.
Primary sectors include residential construction, commercial real estate, industrial facilities, and logistics infrastructure, all benefiting from Thailand's development momentum.
The study involves two major activities in estimating the current market size for the waterproofing membranes market. Exhaustive secondary research was done to collect information on the market, peer market, and parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. After that, market breakdown and data triangulation were used to estimate the market size of segments and subsegments.
Secondary sources used for this research include the financial statements of companies that offer waterproofing membranes and information from various trade, business, and professional associations. Secondary research has been used to obtain critical information on the industry’s value chain, the total pool of key players, market classification, and segmentation by industry trends down to the bottom-most level and regional markets. Secondary data were collected and analyzed to determine the overall size of the waterproofing membranes market, which was validated by primary respondents.
Extensive primary research was conducted after secondary research provided information on the waterproofing membranes market. Several primary interviews were conducted with market experts from both the demand and supply sides across major countries of North America, Europe, Asia Pacific, Middle East & Africa, and South America. Primary data was collected through questionnaires, emails, and telephonic interviews. The primary sources from the supply side included various industry experts, such as Chief X Officers (CXOs), Vice Presidents (VPs), Directors from business development, marketing, product development/innovation teams, and related key executives from waterproofing membranes industry vendors; material providers; distributors; and key opinion leaders. Primary interviews were conducted to gather insights into market statistics, revenue from products and services, market breakdowns, market size estimates, market forecasting, and data triangulation. Primary research also helped in understanding the various trends related to raw material, type, usage, applications, and regions. Stakeholders from the demand side, such as CIOs, CTOs, CSOs, and installation teams of the customer/end users who are seeking waterproofing membranes services, were interviewed to understand the buyer’s perspective on the suppliers, products, component providers, and their current usage of waterproofing membranes and future outlook of their business, which will affect the overall market.
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The research methodology used to estimate the size of the waterproofing membranes market includes the following details. The market sizing of the market was undertaken from the demand side. The market was upsized based on regional demand for waterproofing membranes across different applications. Such procurements provide information on the demand aspects of the waterproofing membranes industry for each application. For each application, all possible market segments were integrated and mapped.

After arriving at the overall size from the market size estimation process explained above, the total market was split into several segments and subsegments. The data triangulation and market breakdown procedures explained below were implemented, as applicable, to complete the overall market engineering process and obtain exact statistics for various market segments and subsegments. The data was triangulated by examining various factors and trends on both the demand and supply sides. Additionally, the market size was validated using both top-down and bottom-up approaches.
The waterproofing membranes market refers to the industry which produces and distributes and applies materials that stop water from entering buildings and infrastructure. Waterproofing membranes serve as protective barriers which come in two forms: liquid-applied membranes and sheet-based membranes. The market includes a variety of materials such as bitumen, PVC, TPO, EPDM, and other polymer-based solutions which serve residential, commercial, and industrial applications. The market includes various technologies which support installation processes and provide maintenance solutions. The market develops sustainable waterproofing solutions which meet regulatory requirements because of increasing construction activity and environmental sustainability requirements.
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