“Advancements in construction industry in the developing countries of Southeast Asia to drive waterproofing market” The market size of Southeast Asia waterproofing is estimated to reach USD 5.35 billion by 2021, at a CAGR of 14.52% between 2016 and 2021. The increasing building & construction activities in the developing countries of Southeast Asia have significantly influenced the waterproofing market in the region. The increasing use of waterproofing membranes, integral systems, and waterproofing chemicals are set to cater the growing needs of waterproofing system/technologies. In addition, the advancements in the construction industry have fueled the demand for waterproofing in the region. 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. “Elastomers: The fastest-growing market for waterproofing chemicals segment” Elastomers are used for manufacturing of membranes for waterproofing applications, and are generally referred to as elastomeric membranes. Elastomeric roofing membranes are durable and moisture-resistant, which increase the demand for elastomers in the waterproofing chemicals segment. As these membranes combine additives having high elasticity with the required chemical, they are highly suitable for a wide range of applications. “Indonesia: The Fastest-growing country for waterproofing market” The building & construction industry has the largest share in Indonesia, which aids in the growth of the waterproofing chemicals market. Indonesia is projected to be the fastest-growing market for waterproofing, in terms of value and volume, during the forecast period. This is mainly attributed to the growing construction activities in the country that has resulted in the increased demand for waterproofing chemicals for the manufacturing of waterproofing membranes.. Vietnam: The largest market for waterproofing in Southeast Asia Southeast Asia, including Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Vietnam, has always been a strong market for waterproofing. It leads the waterproofing market with respect to demand as well as consumption. In Southeast Asia, the growth of construction activities, especially in Vietnam, is an important indicator for the waterproofing demand.