Below-Grade Waterproofing Market to reach US$ 2,045.5 million during the coming years (2019-2024)

Getting to the bare bones of the issues and factors which are sculpturing the market, Stratview Research brings out the best actionable market intelligence for the global Below-Grade Waterproofing Market.
 
The analysts have scrupulously studied the trend and cautiously forecasted the future market developments for 2019-2024.
The important questions the report answers are:

1. What will be the market growth rate in the near future?
2. What are the major developments in the market wrt regulations, acquisitions and innovations?
3. What are the growth drivers as well as the constraints?
4. What are the regional growth hotspots?
5. What are the segmental growth forecasts?

 
These questions and many more, big and small, are all discussed in the report in great detail.
 
The Global Below-Grade Waterproofing Market: Highlights
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.
 
The strategic Market dissection
The dissection of the market is done to enlighten the aspects which are of interest to firms across the value chain.
 
 
Dissection by                                                  Segments

• by Material Type                     :           Polymers, Bitumen and Other materials
• by Membrane Type                 :           Sheet-based membrane and Liquid-coated membrane
• by Position Type                     :           Positive side, Negative side and Others
• by Application Type               :           Fluid Applied, Fully Bonded and Others
• by End-User Type                   :           Commercial Building, Residential Building and Others
• By Region                               :           North America, Europe, Asia-Pacific, and RoW

 
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The Growth Prognosis & its Drivers
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.
 
Market Segments
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.
 
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.
 
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.
 
Players
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.
 
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