Below-Grade Waterproofing Membranes Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Below-Grade Waterproofing Membranes Market
The below-grade waterproofing membranes market size was valued at USD 2.57 billion in 2022, and the market is now projected to grow from USD 2.68 billion in 2023to USD 3.65 billion by 2030, exhibiting a CAGR of 4.5% during the forecast period of 2023-2030.
Government has put restrictions on social gatherings, events and moving out from home which make the people homesick. Numerous companies are encountering hurdles due to covid pandemic as the outbreak situation has curtailed production and supply chain which has hindered the market switched to treating covid patients as priority over the other procedures which led the below-grade waterproofing membranes market growth.
Quick urbanization will increase demand for new infrastructure and propel market expansion during forecast period. It is anticipated that rising urbanization would be a major factor in the need for below-grade waterproofing membranes. Because urban areas frequently have limited space, more comprehensive subterranean building is needed to maximize the use of available land.
Growing use of green building techniques to open up new markets will promote below-grade waterproofing membranes market during forecast period. Below-grade waterproofing membranes are seeing a bright future due to the growing focus on green building techniques. As environmental sustainability becomes more widely recognized, construction activities are changing to conform to these principles. The creation of eco-friendly items is one of the main features of these prospects. In order to produce waterproofing membranes comprised of sustainable or recycled materials, manufacturers might allocate resources towards research and development.
Comprehensive Analysis of Below-Grade Waterproofing Membranes Market
The below-grade waterproofing membranes market and chemicals & advanced materials industry is rising at an exponential rate due to its market segmentation. This market expansion effectively provides a detailed regional assessments considering the dominant supply and demand forces that impact the pharmacy benefit management industry. These segmentations are methodically segregated by material and by end use. The Material segmentations include Bitumen, Polymers, Rubberized Asphalt, and Others, By End-use segmentations include Residential, Commercial, and Others.
The Asia Pacific region lead the below-grade waterproofing membranes market by benefitting a market size of USD 1.15 billion in 2022 due to fast urbanization, which causes a rise in building activity.
The top players in the market play a crucial role in the chemicals & advanced materials industry assuring industrial prospectus growth and setting market standards. These players include, BASF SE (Germany), GCP Applied Technologies, Inc. (U.S.), MAPEI Corporation (Italy), Minerals Technologies Inc. (U.S.), Polyguard (U.S.), RPM International Inc. (U.S.), Sika AG (Switzerland), SOPREMA US (U.S.), TAMKO Building Products LLC (U.S.), W. R. Meadows, Inc. (U.S.), AVM Industries (U.S.), Jiangsu CanlonBuilding Materials Co., Ltd. (China), Carlisle Companies Incorporated (U.S.), DörkenSystems Inc. (Canada), Oriental YuhongWaterproof Technology Co. Ltd. (China), Penetron (U.S.), XypexChemical Corporation (Canada), MAX FRANK Group (Germany) these market players provide a level-playing competitive landscape.
In November 2022, Mapeseal GC, a novel waterproofing membrane for the building envelope, was introduced by Polyglass U.S.A. Mapeseal GC is a monolithic waterproofing membrane for damp and green concrete applications that is applied with cold fluid and cures quickly. In crucial applications, the business advises bolstering Mapeseal GC with Mapeseal Fabric.
Segmentation Table
ATTRIBUTE DETAILS
Study Period 2017-2030
Base Year 2022
Estimated Year 2023
Forecast Period 2023-2030
Historical Period 2017-2021
CAGR (2023-2030) CAGR of 4.5% from 2023-2030
Unit Value (USD Billion)
Segmentation By Material
Bitumen
Polymers
Rubberized Asphalt
Others
By End-use
Residential
Commercial
Others
By Geography
North America (By Material, By End-use, By Country)
U.S. (By End-use)
Canada (By End-use)
Europe (By Material, By End-use, By Country)
Germany (By End-use)
U.K. (By End-use)
France (By End-use)
Italy (By End-use)
Rest of Europe (By End-use)
Asia Pacific (By Material, By End-use, By Country)
China (By End-use)
India (By End-use)
Japan (By End-use)
South Korea (By End-use)
Rest of Asia Pacific (By End-use)
Latin America (By Material, By End-use, By Country)
Brazil (By End-use)
Mexico (By End-use)
Rest of Latin America (By End-use)
Middle East & Africa (By Material, By End-use, By Country)
Saudi Arabia (By End-use)
South Africa (By End-use)
Rest Middle East & Africa (By End-use)
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- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
- 4. Key Insights
- 4.1. Key Market Trends in the Global Market
- 4.2. Key Developments: Mergers, Acquisition, Partnership, etc.
- 4.3. Insights on Regulatory Scenario
- 4.4. Latest Technological Advancements
- 4.5. Porters Five Forces Analysis
- 4.6. Price Trend Analysis, 2022
- 5. Qualitative Insights on Impact of Covid-19 on the Market
- 5.1. Supply Chain Challenges
- 5.2. Steps taken by Companies to Overcome the Impact
- 5.3. Potential Challenges and Opportunities due to COVID-19 Outbreak
- 6. Global Below-Grade Waterproofing Membranes Market Analysis, Insights and Forecast, 2017-2030
- 6.1. Key Findings
- 6.2. By Material
- 6.2.1. Bitumen
- 6.2.2. Polymers
- 6.2.3. Rubberized Asphalt
- 6.2.4. Others
- 6.3. By End-use
- 6.3.1. Residential
- 6.3.2. Commercial
- 6.3.3. Others
- 6.4. By Region
- 6.4.1. North America
- 6.4.2. Europe
- 6.4.3. Asia Pacific
- 6.4.4. Latin America
- 6.4.5. Middle East & Africa
- 7. North America Below-Grade Waterproofing Membranes Market Analysis, Insights and Forecast, 2017-2030
- 7.1. Key Findings
- 7.2. By Material
- 7.2.1. Bitumen
- 7.2.2. Polymers
- 7.2.3. Rubberized Asphalt
- 7.2.4. Others
- 7.3. By End-use
- 7.3.1. Residential
- 7.3.2. Commercial
- 7.3.3. Others
- 7.4. By Country
- 7.4.1. U.S.
- 7.4.1.1. By End-use
- 7.4.1.1.1. Residential
- 7.4.1.1.2. Commercial
- 7.4.1.1.3. Others
- 7.4.2. Canada
- 7.4.2.1. By End-use
- 7.4.2.1.1. Residential
- 7.4.2.1.2. Commercial
- 7.4.2.1.3. Others
- 8. Europe Below-Grade Waterproofing Membranes Market Analysis, Insights and Forecast, 2017-2030
- 8.1. Key Findings
- 8.2. By Material
- 8.2.1. Bitumen
- 8.2.2. Polymers
- 8.2.3. Rubberized Asphalt
- 8.2.4. Others
- 8.3. By End-use
- 8.3.1. Residential
- 8.3.2. Commercial
- 8.3.3. Others
- 8.4. By Country
- 8.4.1. Germany
- 8.4.1.1. By End-use
- 8.4.1.1.1. Residential
- 8.4.1.1.2. Commercial
- 8.4.1.1.3. Others
- 8.4.2. U.K.
- 8.4.2.1. By End-use
- 8.4.2.1.1. Residential
- 8.4.2.1.2. Commercial
- 8.4.2.1.3. Others
- 8.4.3. France
- 8.4.3.1. By End-use
- 8.4.3.1.1. Residential
- 8.4.3.1.2. Commercial
- 8.4.3.1.3. Others
- 8.4.4. Italy
- 8.4.4.1. By End-use
- 8.4.4.1.1. Residential
- 8.4.4.1.2. Commercial
- 8.4.4.1.3. Others
- 8.4.5. Rest of Europe
- 8.4.5.1. By End-use
- 8.4.5.1.1. Residential
- 8.4.5.1.2. Commercial
- 8.4.5.1.3. Others
- 9. Asia Pacific Below-Grade Waterproofing Membranes Market Analysis, Insights and Forecast, 2017-2030
- 9.1. Key Findings
- 9.2. By Material
- 9.2.1. Bitumen
- 9.2.2. Polymers
- 9.2.3. Rubberized Asphalt
- 9.2.4. Others
- 9.3. By End-use
- 9.3.1. Residential
- 9.3.2. Commercial
- 9.3.3. Others
- 9.4. By Country
- 9.4.1. China
- 9.4.1.1. By End-use
- 9.4.1.1.1. Residential
- 9.4.1.1.2. Commercial
- 9.4.1.1.3. Others
- 9.4.2. India
- 9.4.2.1. By End-use
- 9.4.2.1.1. Residential
- 9.4.2.1.2. Commercial
- 9.4.2.1.3. Others
- 9.4.3. Japan
- 9.4.3.1. By End-use
- 9.4.3.1.1. Residential
- 9.4.3.1.2. Commercial
- 9.4.3.1.3. Others
- 9.4.4. South Korea
- 9.4.4.1. By End-use
- 9.4.4.1.1. Residential
- 9.4.4.1.2. Commercial
- 9.4.4.1.3. Others
- 9.4.5. Rest of Asia Pacific
- 9.4.5.1. By End-use
- 9.4.5.1.1. Residential
- 9.4.5.1.2. Commercial
- 9.4.5.1.3. Others
- 10. Latin America Below-Grade Waterproofing Membranes Market Analysis, Insights and Forecast, 2017-2030
- 10.1. Key Findings
- 10.2. By Material
- 10.2.1. Bitumen
- 10.2.2. Polymers
- 10.2.3. Rubberized Asphalt
- 10.2.4. Others
- 10.3. By End-use
- 10.3.1. Residential
- 10.3.2. Commercial
- 10.3.3. Others
- 10.4. By Country
- 10.4.1. Brazil
- 10.4.1.1. By End-use
- 10.4.1.1.1. Residential
- 10.4.1.1.2. Commercial
- 10.4.1.1.3. Others
- 10.4.2. Mexico
- 10.4.2.1. By End-use
- 10.4.2.1.1. Residential
- 10.4.2.1.2. Commercial
- 10.4.2.1.3. Others
- 10.4.3. Rest of Latin America
- 10.4.3.1. By End-use
- 10.4.3.1.1. Residential
- 10.4.3.1.2. Commercial
- 10.4.3.1.3. Others
- 11. Middle East & Africa Below-Grade Waterproofing Membranes Market Analysis, Insights and Forecast, 2017-2030
- 11.1. Key Findings
- 11.2. By Material
- 11.2.1. Bitumen
- 11.2.2. Polymers
- 11.2.3. Rubberized Asphalt
- 11.2.4. Others
- 11.3. By End-use
- 11.3.1. Residential
- 11.3.2. Commercial
- 11.3.3. Others
- 11.4. By Country
- 11.4.1. Saudi Arabia
- 11.4.1.1. By End-use
- 11.4.1.1.1. Residential
- 11.4.1.1.2. Commercial
- 11.4.1.1.3. Others
- 11.4.2. South Africa
- 11.4.2.1. By End-use
- 11.4.2.1.1. Residential
- 11.4.2.1.2. Commercial
- 11.4.2.1.3. Others
- 11.4.3. Rest of Middle East & Africa
- 11.4.3.1. By End-use
- 11.4.3.1.1. Residential
- 11.4.3.1.2. Commercial
- 11.4.3.1.3. Others
- 12. Company Analysis
- 12.1. Company Market Share Analysis/Rankings, By Key Players, 2022
- 12.2. Company Profiles
- 12.2.1. BASF SE
- 12.2.1.1. Overview
- 12.2.1.2. Product Portfolio
- 12.2.1.3. Recent Developments
- 12.2.1.4. Strategies
- 12.2.1.5. Financials (Based on Data Availability)
- 12.2.2. GCP Applied Technologies, Inc.
- 12.2.2.1. Overview
- 12.2.2.2. Product Portfolio
- 12.2.2.3. Recent Developments
- 12.2.2.4. Strategies
- 12.2.2.5. Financials (Based on Data Availability)
- 12.2.3. MAPEI Corporation
- 12.2.3.1. Overview
- 12.2.3.2. Product Portfolio
- 12.2.3.3. Recent Developments
- 12.2.3.4. Strategies
- 12.2.3.5. Financials (Based on Data Availability)
- 12.2.4. Minerals Technologies Inc.
- 12.2.4.1. Overview
- 12.2.4.2. Product Portfolio
- 12.2.4.3. Recent Developments
- 12.2.4.4. Strategies
- 12.2.4.5. Financials (Based on Data Availability)
- 12.2.5. Polyguard
- 12.2.5.1. Overview
- 12.2.5.2. Product Portfolio
- 12.2.5.3. Recent Developments
- 12.2.5.4. Strategies
- 12.2.5.5. Financials (Based on Data Availability)
- 12.2.6. RPM International Inc.
- 12.2.6.1. Overview
- 12.2.6.2. Product Portfolio
- 12.2.6.3. Recent Developments
- 12.2.6.4. Strategies
- 12.2.6.5. Financials (Based on Data Availability)
- 12.2.7. Sika AG
- 12.2.7.1. Overview
- 12.2.7.2. Product Portfolio
- 12.2.7.3. Recent Developments
- 12.2.7.4. Strategies
- 12.2.7.5. Financials (Based on Data Availability)
- 12.2.8. SOPREMA US
- 12.2.8.1. Overview
- 12.2.8.2. Product Portfolio
- 12.2.8.3. Recent Developments
- 12.2.8.4. Strategies
- 12.2.8.5. Financials (Based on Data Availability)
- 12.2.9. TAMKO Building Products LLC
- 12.2.9.1. Overview
- 12.2.9.2. Product Portfolio
- 12.2.9.3. Recent Developments
- 12.2.9.4. Strategies
- 12.2.9.5. Financials (Based on Data Availability)
- 12.2.10. Meadows, Inc.
- 12.2.10.1. Overview
- 12.2.10.2. Product Portfolio
- 12.2.10.3. Recent Developments
- 12.2.10.4. Strategies
- 12.2.10.5. Financials (Based on Data Availability)
- 12.2.11. AVM Industries
- 12.2.11.1. Overview
- 12.2.11.2. Product Portfolio
- 12.2.11.3. Recent Developments
- 12.2.11.4. Strategies
- 12.2.11.5. Financials (Based on Data Availability)
- 12.2.12. Jiangsu CanlonBuilding Materials Co., Ltd.
- 12.2.12.1. Overview
- 12.2.12.2. Product Portfolio
- 12.2.12.3. Recent Developments
- 12.2.12.4. Strategies
- 12.2.12.5. Financials (Based on Data Availability)
- 12.2.13. Carlisle Companies Incorporated
- 12.2.13.1. Overview
- 12.2.13.2. Product Portfolio
- 12.2.13.3. Recent Developments
- 12.2.13.4. Strategies
- 12.2.13.5. Financials (Based on Data Availability)
- 12.2.14. DörkenSystems Inc.
- 12.2.14.1. Overview
- 12.2.14.2. Product Portfolio
- 12.2.14.3. Recent Developments
- 12.2.14.4. Strategies
- 12.2.14.5. Financials (Based on Data Availability)
- 12.2.15. Oriental YuhongWaterproof Technology Co.Ltd
- 12.2.15.1. Overview
- 12.2.15.2. Product Portfolio
- 12.2.15.3. Recent Developments
- 12.2.15.4. Strategies
- 12.2.15.5. Financials (Based on Data Availability)
- 12.2.16. Penetron
- 12.2.16.1. Overview
- 12.2.16.2. Product Portfolio
- 12.2.16.3. Recent Developments
- 12.2.16.4. Strategies
- 12.2.16.5. Financials (Based on Data Availability)
- 12.2.17. XypexChemical Corporation
- 12.2.17.1. Overview
- 12.2.17.2. Product Portfolio
- 12.2.17.3. Recent Developments
- 12.2.17.4. Strategies
- 12.2.17.5. Financials (Based on Data Availability)
- 12.2.18. MAX FRANK Group
- 12.2.18.1. Overview
- 12.2.18.2. Product Portfolio
- 12.2.18.3. Recent Developments
- 12.2.18.4. Strategies
- 12.2.18.5. Financials (Based on Data Availability)
- 13. Strategic Recommendations.
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