Below-Grade Waterproofing Membrane Market Growths
Below-Grade Waterproofing Membrane Market Growth Analysis, Industry Trends, Development Status and Forecast by 2030
The global below-grade waterproofing membrane market size is projected to reach USD 2.93 Billion in 2030 and register a CAGR of 5.99% over the forecast period, according to the latest report by Reports and Data. Increasing investments in mega projects, smart cities, modular construction, and rising demand for below-grade waterproofing membranes in residential and commercial buildings are some key factors driving market revenue growth. Furthermore, demand from the chemical, oil and gas, and food and beverage industries is driving the market revenue growth. Below-grade waterproofing is a construction practice in which waterproofing is applied by means of coatings and membranes to the walls of a building’s foundation below ground level. The below-grade waterproofing membranes ensure building longevity and less life-cycle costs owing to properties such as resistance to hydrostatic pressure and chemical erosion, low absorption rate, flexible, ability to perform in high groundwater, and uniform thickness. These factors are expected to have positive impact on revenue growth of below-grade waterproofing membrane market.
The below-grade waterproofing membrane market in Asia Pacific is expected to register fastest CAGR among all regions over the forecast period. Increasing infrastructure developments in the region, growing construction industry in countries such as China and India are some major factors driving market revenue growth in this region. In addition, rapidly growing residential construction and government investments in industrial parks, bridges, roadways, and smart cities are also expected to support revenue growth of Asia Pacific below-grade waterproofing membrane market.
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Report Overview:
As part of our quantitative analysis, we have provided regional market forecasts by type and application, market sales forecasts and estimates by type, application and region by 2030, and global sales and production forecasts and estimates for Below-Grade Waterproofing Membrane by 2030. For the qualitative analysis, we focused on political and regulatory scenarios, component benchmarking, technology landscape, important market topics as well as industry landscape and trends.
We have also focused on technological lead, profitability, company size, company valuation in relation to the industry and analysis of products and applications in relation to market growth and market share.
Competitive Landscape:
The report also focuses on details of each market player including its global position, financial standing, revenue generation, company overview, product & service portfolio. The Below-Grade Waterproofing Membrane market is extremely competitive and consists of several key players at regional and global level. Key players are focused on adopting various strategies such as new product launches, mergers and acquisitions, investments in R&D, partnerships, joint ventures and collaborations to strengthen their market position and enhance product portfolio.
Leading companies operating in the market are:
GCP Applied Technologies, Carlisle Companies Incorporated, BASF SE, Minerals Technologies Inc., Soprema Group, Jiangsu Canlon Building Materials Co., Ltd., Beijing Oriental Yuhong Waterproof Technology Co., Ltd., Sika AG, Keshun Waterproof Technology Co. Ltd. and RPM International Inc.
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The report also offers detailed insights about market segmentation based on type, application and regional bifurcation:
Below-Grade Waterproofing Membrane Market Segmentation:
Membrane Type Outlook (Revenue, USD Billion; 2019-2030)
- Sheet Based
- Liquid Coated
Position Outlook (Revenue, USD Billion; 2019-2030)
- Positive-Side
- Blind-Side
- Negative-Side
Regional Outlook:
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- U.K.
- Italy
- France
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- A.E.
- South Africa
- Rest of MEA
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