Stratview Research in its recent report has offered an overlook of the current Below-Grade Waterproofing Market scenarios and has also estimated the Below-Grade Waterproofing Market to reach an estimated value of US$ 2,045.5 million by 2024. The insights highlighted in the report are based on data that is carefully collected from reliable sources and is then scrutinized to have a proper analysis.
Not only the report offers the market size but also details about the market segmentation with its share. Stratview Research also extends its research to offer a forecast of the market during the period of 2019 – 2024, to provide the clients with base knowledge of the market and make strategies to have beneficial results ahead.
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The global below-grade waterproofing 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 global below-grade waterproofing 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.
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Based on the membrane type, the global below-grade waterproofing market is segmented as Sheet-based and Liquid-coated. Sheet-based membrane expected to remain the most dominant membrane type in the global below-grade waterproofing 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 below-grade waterproofing market is segmented as Positive Side, Negative Side, and Blind Side. The positive side is projected to remain the dominant segment of the global below-grade waterproofing 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 global below-grade waterproofing market is segmented as Commercial Building, Residential Building, and Public Infrastructure. The commercial building segment is expected to remain the largest in the global below-grade waterproofing 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.
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Highlights of the Report:
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 the protection of buildings and infrastructures from the corrosion and weather conditions, and increasing demand for the energy-efficient building are the major growth drivers of the global below-grade waterproofing market.
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, expanding geographically, and executing mergers & acquisitions are the key strategies adopted by the key players to gain a competitive edge in the market.
Features of the Report
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.
The Below-Grade Waterproofing Market analysis report discusses the following heads in great detail:
- 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
- Strategic growth opportunities for the existing and new players
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