Stratview Research announces the launch of a new research report on Global Below-Grade Waterproofing Market by Material Type (Polymers, Bitumen, Bentonite, Rubberized Asphalt, and Others), by Membrane Type (Sheet-based and Liquid-coated), by Position Type (Positive side, Blind side and Negative side), by Application Type (Fluid-Applied, Fully Bonded, Self-Adhered, and Loose-Laid), by End-User Type (Commercial Building, Residential Building and Public Infrastructure), and by Region (North America, Europe, Asia-Pacific, and Rest of the World), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2018-2023.
This market report, from Stratview Research, studies the global below-grade waterproofing market over the period 2011 to 2022. The report provides detailed insights on the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
Global Below-Grade Waterproofing Market: Highlights
As per Stratview Research, the global below-grade waterproofing market offers a robust CAGR of 6% during the forecast period of 2018 to 2023 and reach US$ 1,975.7 million in 2023, which offers an opportunity to the industry players to align themselves with the market growth.
There are several factors bolstering the growth of the global below-grade waterproofing market. The author of the report cited increasing building and infrastructure activities owing to rebounding global economies, 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, as the major growth drivers of the global below-grade waterproofing market.
Based on material type, polymers segment is expected to remain the growth engine of the global below-grade waterproofing market during the forecast period of 2018 to 2023. The segment is also likely to witness the highest growth over the next five years. 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 likely to be the major growth drivers of the segment over the next five years.
In terms of membrane type, sheet-based membrane is expected to remain the most dominant membrane type in the global below-grade waterproofing market during the forecast period of 2018 to 2023. 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.
The commercial building segment is expected to remain largest in the global below-grade waterproofing market during the forecast period, whereas the public infrastructure segment is expected to witness the highest growth during the same period. Increasing construction activities of high rise buildings coupled with increasing preference of foundations and basements are the major growth drivers of the commercial building segment.
As per the report, 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.
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., and BASF SE. Developing high-performance below-grade waterproofing systems, regional expansion and mergers & acquisitions are the key strategies adopted by the major players to gain a competitive edge in the market.
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 on 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:
This report studies the global below-grade waterproofing market and has segmented the market in six ways, keeping in mind the interest of all the stakeholders across the value chain. The following are the six ways in which the market is segmented:
The global below-grade waterproofing market is segmented into the following categories:
Global Below-Grade Waterproofing Market, By Material Type
Global Below-Grade Waterproofing Market, By Membrane Type
Global Below-Grade Waterproofing Market, By Position Type
Global Below-Grade Waterproofing Market, By Application Type
Global Below-Grade Waterproofing Market, By End-User Type
Global Below-Grade Waterproofing Market, By Region
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