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‘Below-Grade Waterproofing Market to become US$ 1,975.7 million opportunity in 2023’– Stratview Research Market Report

As per the latest market intelligence report published by Stratview Research, the Below-Grade Waterproofing Market is anticipated to reach at US$ 1,975.7 million by 2023.
Published 15 March 2019
The research studies Below-Grade Waterproofing Market in the trend period of 2012 to 2017 and forecasted period of 2018 to 2023 under five segments 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
                                   
The study finds –
  • Asia-Pacific is expected to remain the largest below-grade waterproofing market during the forecast period.
  • Sheet-based membrane expected to remain the most dominant membrane type in the global below-grade waterproofing market during the forecast period of 2018 to 2023.
  • The positive side is projected to remain the dominant segment of the global below-grade waterproofing market over the next five years
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Below-Grade Waterproofing Market: Highlights
 
The below-grade waterproofing market offers healthy growth opportunity and is likely to reach an estimated value of US$ 1,975.7 million in 2023. 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.
 
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The 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 2018 to 2023. 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.
 
Below Grade Waterproofing Market Segmentation
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 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.
 
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, 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 waterproofing systems in foundations and basements are the major growth drivers of it in the commercial building segment.
 
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., 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.
Report Features
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum input to the entire value chain of BMI Prepreg. The key features of the report are -
  • 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
  • Key success factors.
Stratview follows a rigorous process for conducting business research from primary and secondary sources to understand the entire market ecosystem. It has several high value market reports in the chemicals and materials industry. Please refer to the following link to browse through the reports:
Click Here for Other Reports from Stratview Research in the Consumer Goods Industry: https://www.stratviewresearch.com/market-reports/Advanced-Materials.html
 
 

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