Growth in Residential and Hospitality Sectors to foster growth of Malaysia Waterproofing Membrane Market REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit The number of households in the year 2000 was 4.80 million which rose to 6.56 million in 2011 and then increased to 7.46 million in 2016 and it is estimated to reach to 8.35 million by 2021. With increase in the number of households, there would be increase in the demand of waterproofing products in the market as it will lead to greater demand for affordable residential projects, which in return will lead to greater demand for cost effective waterproofing solutions. Ken Research predicts that the demand for waterproofing solutions from the residential and other sectors will increase gradually over the years. The biggest green building trend in the commercial market is taking place on the rooftops. Green trends are also driving demand for cool roofs, reflective roofs, and green (vegetative) roofs. Across all segments of the waterproofing industry, green waterproofing products— meaning those that are recyclable, low-VOC, or rubber/polymer-based instead of asphalt/solvent based—are doing relatively better. The growing emphasis on long-term, life-cycle costs is favorable to waterproofing contractors who focus on quality and craftsmanship, and the green/sustainable building movement will give environmentally-friendly products an edge. There is a potential market of considerable backlog of waterproofing work that’s been deferred during the recession or past years, as well as significant chunk of replacement work is required in already constructed building structures. The number of hotels in the year 2011 was 2,707 which rose to 4,961 in 2016 at a CAGR of 12.9% and it is estimated to reach to 9,602 by 2021. Hotels or commercial properties is one of the main segments of waterproofing industry in Malaysia as these businesses have keen focus on maintaining properties for a long time and avoid any damages in terms of water seepage or cracks. The waterproofing requirement in hotels is not just limited to roofing but interior, exterior walls, washrooms and other infrastructure amenities such as swimming pools which presents a huge potential market for waterproofing players in Malaysia. As number of tourist arrivals increases, the demand for these hotels will increase. And with increase in number of hotel properties, the demand for waterproofing products is projected to increase as well. The report titled “Malaysia Waterproofing Membrane Market by Application (Roofing, Building Structures, Wall & Flooring & Others), by Raw Material (Polymers, Bitumen and Acrylic Based Cementitious) – Outlook to 2021” by Ken Research suggested that waterproofing membrane market is anticipated to grow at a CAGR of 2.8% during the period 2016-2021. Contact Us: Ken Research Ankur Gupta, Head Marketing & Communications sales@kenresearch.com +91 1244230204 Tags: Distributors Waterproofing Membrane in Malaysia, Industrial waterproofing membrane market, Liquid Waterproofing Membrane Market, Potential Waterproofing Membrane Market, Waterproofing Membrane Market Share