This report, from Stratview Research, studies the global below-grade waterproofing market over the forecast period 2019 to 2024. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
The Global Below-Grade Waterproofing Market: Highlights
The global below-grade waterproofing market offers healthy growth opportunity and is likely to reach an estimated value of US$ 2,045.5 million in 2024. Increasing building and infrastructure activities owing to rebounding economy, increasing global investments for the construction of high-rise buildings and infrastructures, high focus on protection of buildings and infrastructures from corrosion and weather conditions, and increasing demand for energy-efficient buildings are the major growth drivers of the market.
The market is firstly segmented based on material type as Polymers, Bitumen, Bentonite, Rubberized Asphalt, and others. The polymers segment is expected to remain the growth engine of the market during the forecast period of 2019 to 2024. The segment is likely to witness the highest growth over the next five years. The high synthetic polymer production to support rising population and urbanization, an introduction of high-performance below-grade waterproofing system and a gradual shift from bitumen to synthetic polymers are the major growth drivers of the segment over the next five years.
Based on the membrane type, the market is segmented as Sheet-based and Liquid-coated. Sheet-based membrane expected to remain the most dominant membrane type in the market during the forecast period of 2019 to 2024. Increasing usage of breathable waterproofing membranes and environmentally safe products would remain the major growth drivers of sheet-based below-grade waterproofing membrane market over the next five years.
Based on the position type, the market is segmented as Positive Side, Negative Side, and Blind Side. The positive side is projected to remain the dominant segment of the market over the next five years, whereas blind side is likely to be the fastest-growing segment during the same period, driven by its suitability with zero property line application.
Based on the end-user type, the market is segmented as Commercial Building, Residential Building, and Public Infrastructure. The commercial building segment is expected to remain the largest in the market during the forecast period. Increasing construction activities of high-rise buildings coupled with increasing preference of waterproofing systems in foundations and basements are the major growth drivers of it in the commercial building segment. Residential as well as public infrastructure segments are also expected to create sizeable opportunities during the same period.
Based on regions, Asia-Pacific is expected to remain the largest below-grade waterproofing market during the forecast period. The region is also expected to experience the highest growth during the same period. Continuous growth in the construction and infrastructure sector in emerging Asian economies, such as China and India, are driving the demand for the below-grade waterproofing system in the region.
North America and Europe, other major markets, are also likely to generate favorable growth opportunities in the coming years. The USA is the growth engine of the North American market, whereas Germany, France, and the UK the major markets for below-grade waterproofing systems in Europe.
The supply chain of this market comprises raw materials suppliers, below-grade waterproofing manufacturers, distributors, and contractors. The key below-grade waterproofing system manufacturers are GCP Applied Technologies, Sika AG, RPM International Inc., Carlisle Companies Inc., BASF SE, Minerals Technologies Inc., and MAPEI. Developing high-performance below-grade waterproofing systems, expanding geographically, and executing mergers & acquisitions are the key strategies adopted by the major players to gain a competitive edge in the market.
Research Methodology
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 500 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. About 10 detailed primary interviews with the market players across the value chain in all four regions and industry experts have been executed to obtain both the qualitative and quantitative insights.
Report Features
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
- Market structure: Overview, industry life cycle analysis, supply chain analysis
- Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
- Market trend and forecast analysis
- Market segment trend and forecast
- Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
- Attractive market segments and associated growth opportunities
- Emerging trends of the carbon brakes market
- Strategic growth opportunities for the existing and new players
- Key success factors
The market is segmented into the following categories:
Below-Grade Waterproofing Market, by Material Type
- Polymers (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Bitumen (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Bentonite (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Rubberized Asphalt (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Other materials (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Below-Grade Waterproofing Market, by Membrane Type
- Sheet-based membrane (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Liquid-coated membrane (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Below-Grade Waterproofing Market, by Position Type
- Positive side (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Negative side (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Blind side (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Below-Grade Waterproofing Market, by Application Type
- Fluid Applied (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Fully Bonded (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Self-Adhered (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Loose-Laid (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Below-Grade Waterproofing Market, by End-User Type
- Commercial Building (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Residential Building (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Public Infrastructure (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Below-Grade Waterproofing Market, by Region
- North America (Country Analysis: The USA, Canada, and Mexico)
- Europe (Country Analysis: Germany, France, The UK, Russia, and Rest of Europe)
- Asia-Pacific (Country Analysis: China, Japan, India and Rest of Asia-Pacific)
- Rest of the World (Country Analysis: Latin America, The Middle East, and Others)
Report Customization Options
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
- Detailed profiling of additional market players (up to 3 players)
- SWOT analysis of key players (up to 3 players)
Regional Segmentation
- Current market size (2018) of below-grade waterproofing in any of the North American country by material type
Competitive Benchmarking
- Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances
Custom Research: Stratview research offers custom research services across sectors. In the case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected].
