Below-Grade Waterproofing Market is Forecasted to Reach US$ 1.8 billion in 2028, Says Stratview Research

The global below-grade waterproofing market is projected to witness a growth rate of 4.1% annually from 2023 to 2028, with an anticipated size of US$ 1.8 billion by 2028, according to an analysis by Stratview Research.

Stratview Research, a global market research firm has launched a report on the global below-grade waterproofing market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.

Click here to get a free sample of the report:
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Report Highlights:
Market Size in 2028: US$ 1.8 billion
Growth (CAGR): 4.1% during 2023-2028
Forecast Period: 2023-2028
Trend Period: 2017-2021
Base Year: 2022
Number of Segments Covered: 6
Number of Tables & Graphs: 100+

Segment Insights on the Below-Grade Waterproofing Market:
The global below-grade waterproofing market is segmented based on material type, membrane type, position type, application type, end-user type, and region.

Based on material type - The market is segmented into polymers, bitumen, bentonite, rubberized asphalt, and others. Polymer is expected to remain the most dominant material type in the below-grade waterproofing market during the forecast period. The segment is also likely to grow at the fastest pace during 2023-2028. Increasing synthetic polymer production to support rising population and urbanization, an introduction of a 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 long run.

Based on the membrane type - The market is segmented into sheet-based waterproofing and liquid-coated waterproofing. Sheet-based membrane is expected to remain the larger membrane type in the below-grade waterproofing market during the forecast period. Increasing usage of breathable waterproofing membranes and environmentally safe products remain the major factors for the higher growth of sheet-based below-grade waterproofing membranes in the long run.

Based on the position type - The market is segmented into positive side, negative side, and blind side. The positive side is projected to remain the dominant segment of the below-grade waterproofing market over the next five years, whereas the blind side is likely to be the fastest-growing segment, driven by its suitability with zero property line application.

Based on the end-user type - The market is segmented into commercial buildings, residential buildings, and public infrastructure. Commercial building is expected to remain the dominant segment of the below-grade waterproofing market during the forecast period. An expected increase in construction activities of high-rise buildings coupled with an increasing preference for waterproofing systems in foundations and basements are the major growth drivers of the market in the commercial building segment. The residential and public infrastructure segments are also expected to create sizeable opportunities during the same period.

To know the most attractive segments, visit:
https://www.stratviewresearch.com/283/below-grade-waterproofing-market.html

Which Region Shows the Most Promising Growth Forecast and Opportunity?

The analysis suggests that Asia-Pacific is likely to remain the largest below-grade waterproofing market during the forecast period. This growth outlook is majorly attributed to the following-
- The region is also expected to log the fastest recovery during the same period.
- The expected increase in investment in the construction sector post-pandemic, along with continued growth in the construction and infrastructure sector in emerging Asian economies, such as China and India, will drive the demand for below-grade waterproofing in the region in the long run.

Below-Grade Waterproofing Market Drivers:

Some of the key drivers listed in the report are given below.
- Increasing focus of governments of many developing countries on improved infrastructure.
- Additionally, the development of innovative products, such as hybrid membranes.

Top Companies in the Below-Grade Waterproofing Market:
Stratview Research has identified the following companies as the top market players (Based on Dominance).
• GCP Applied Technologies (now part of Saint-Gobain)
• Sika AG
• RPM International Inc.
• Carlisle Companies, Inc.
• Mineral Technologies, Inc.
• MBCC Group (part of Sika)
• Mapei S.p.A.

What Unique Insights Does this Report Offer?

This report provides comprehensive insights into the Below-Grade Waterproofing Market, answering critical questions like:

• How big is the sales opportunity?
• Which regions offer the best sales opportunities?
• Which are the most attractive market segments?
• Which are the top players and their market positioning?
• How complex is the business environment?
• What are the factors affecting the market?

For Customization or Any Other Queries, Get in Touch with Our Industry Experts at - sales@stratviewresearch.com

Related Reports:

• Waterproofing Market: https://www.stratviewresearch.com/3552/waterproofing-market.html

• Bitumen Waterproofing Market: https://www.stratviewresearch.com/3551/bitumen-waterproofing-market.html

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Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.
It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.
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This release was published on openPR.