Global Below Grade Waterproofing Membrane Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2022 –2029 |
Market Size (Base Year) |
USD 1.74 Billion |
Market Size (Forecast Year) |
USD 2.77 Billion |
CAGR |
|
Major Markets Players |
Global Below Grade Waterproofing Membrane Market, By Membrane Type (Sheet-Based, Liquid-Coated), Position (Positive-Side, Blind-Side, Negative-Side), End-Use (Commercial, Public Infrastructure, Residential), Material Type (Polymers, BitumenBentonite, Rubberized Asphalt, Others), Application (Fluid-Applied, Fully Bonded, Self-Adhered, Loose-Laid) – Industry Trends and Forecast to 2029.
Below Grade Waterproofing Membrane Market Analysis and Size
Over the past few years, the growth in construction activities, mainly in developing economies, can be attributed to the growth of the below-grade waterproofing membrane market. The development of the below-grade waterproofing membrane market is driven by rising construction and increasing awareness regarding safety. Furthermore, protecting buildings from corrosion and other weather conditions, along with the growing demand for energy-efficient buildings, are some major factors boosting the growth of the global below-grade waterproofing membrane market in the forecast period of 2022-2029.
Data Bridge Market Research analyses that the below grade waterproofing membrane market is expected to undergo a CAGR of 5.99% during the forecast period. This indicates that the market value, which was USD 1.74 billion in 2021, would rocket up to USD 2.77 billion by 2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Below Grade Waterproofing Membrane Market Scope and Segmentation
Report Metric |
Details |
Forecast Period |
2022 to 2029 |
Base Year |
2021 |
Historic Years |
2020 (Customizable to 2014 - 2019) |
Quantitative Units |
Revenue in USD Billion, Volumes in Units, Pricing in USD |
Segments Covered |
Membrane Type (Sheet-Based, Liquid-Coated), Position (Positive-Side, Blind-Side, Negative-Side), End-Use (Commercial, Public Infrastructure, Residential), Material Type (Polymers, Bitumen, Bentonite, Rubberized Asphalt, Others), Application (Fluid-Applied, Fully Bonded, Self-Adhered, Loose-Laid) |
Countries Covered |
U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America |
Market Players Covered |
Carlisle Companies Inc. (U.S.), DOW (U.S.), Firestone Building Products Company (U.S.), SOPREMA Group (France), BASF SE (Germany), MBCC Group (Germany), Sika AG (Switzerland), EverGuard TPO Walkway Roll (U.S.), Johns Manville (U.S.), Minerals Technologies Inc. (U.S.), Fosroc, Inc. (U.K.), GCP Applied Technologies, Inc., (U.S.), Mapei S.p.A(Italy), and Renolit SE (Germany) |
Market Opportunities |
|
Market Definition
Below grade waterproofing membrane is also known as basement waterproofing. Below grade waterproofing membrane is used to waterproof the ground surface which comes in contact with structure or building. They help in finding several problems such as crystalline deposit of salts on a crawlspace or basement or walls or floor, cracks in walls, humidity in the basement. The below-grade waterproofing membranes are made up from several mono or multi-layer materials such as, bitumen, bentonite clays, elastomer, rubber, polypropylene, polyethylene, polyurethanes, polyvinyl chloride (PVC), fabrics, plastic sheeting, silicate, fiberglass and composite layers.
Global Below Grade Waterproofing Membrane Market Dynamics
Drivers
- Strict rules and regulations
Numerous regulations have been enforced for the manufacture and use of below grade waterproofing membranes. For instance, use for several applications such as installing and designing membranes and flashings in bathrooms, kitchens and laundries in residential buildings should be made and tested according to AS/NZS 4858:2004.
- High demand of bituminous liquid membrane
The remarkable features of bituminous liquid membrane such as high resistance to weathering and aging boost the market growth. Moreover, increases product viability in terms of flexibility at low temperatures, improved flow resistance at high temperatures and high UV resistance properties are expected to surge the demand for bituminous liquid membrane and drive the growth rate of the below grade waterproofing membrane market.
Furthermore, the increase in the demand for efficient and cost-effective below grade waterproofing membrane will further propel the growth of the market. Moreover, the growing demand for below grade waterproofing membranes due to the increasing urbanization and industrialization and economic development in emerging economies will also drive market value growth.
Opportunities
- Development of smart cities in urban areas
Smart cities are now developed in urban areas to generate sustainable economic development. According to the United Nations, 60% of world population will live in cities, and one in three persons will live in smart city with a population of half a million or more. Now, more than 100 smart city projects are in progress overall the globe, which delivers huge construction sector opportunities and lucrative opportunities for the major market players. Thus, the development of smart cities in urban areas will create immense opportunities for the growth of the below grade waterproofing membrane market.
- Developments and increasing investments
The growing focus towards the demand for improved air quality, development of more energy-efficient building construction, and growing investments in the improvement and renovation of residential and commercial buildings globally are expected to create immense opportunities for the market growth rate during the forecast period of 2022-2029.
Restraints/Challenges
- Lack of skilled professionals
Improper installation and deficient detailing and lack of superior quality substrate preparation will obstruct the growth of the below grade waterproofing membrane market during the forecast period.
This below grade waterproofing membrane market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the below grade waterproofing membrane market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
COVID-19 Impact on Below Grade Waterproofing Membrane Market
The outbreak of the Covid-19 has disturbed the global economy by hesitant the processes of several industries. The construction and building sector is adversely affected during this pandemic so, the global below grade waterproofing membrane market saw a decline in growth rate during the forecast period. The epidemic has impacted the building projects, major cost components, material and labour. Numerous building and construction projects in several countries under the shutdown and lockdown were halted as a result of the epidemic. Thus, the demand for the below grade waterproofing membrane is anticipated during the forecast period.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Global Below grade waterproofing membrane Market Scope
The below grade waterproofing membrane market is segmented on the basis of membrane type, position, end-use, material type and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Membrane Type
- Sheet-Based
- Liquid-Coated
Position
- Positive-Side
- Blind-Side
- Negative-Side
End-Use
- Commercial
- Public Infrastructure
- Residential
Material Type
- Polymers
- Bitumen
- Bentonite
- Rubberized Asphalt
- Others
Application
- Fluid-Applied
- Fully Bonded
- Self-Adhered
- Loose-Laid
Below Grade Waterproofing Membrane Market Regional Analysis/Insights
The below grade waterproofing membrane market is analyzed and market size insights and trends are provided by country, membrane type, position, end-use, material type and application as referenced above.
The countries covered in the below grade waterproofing membrane market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the below grade waterproofing membrane market in terms of revenue and market share due to the increasing number of construction activities along with the renovation of aging infrastructure in this region
Asia-Pacific will continue to project the highest compound annual growth rate due to growing population and increasing demand for residential construction in this region,
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Below Grade Waterproofing Membrane Market Share Analysis
The below grade waterproofing membrane market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to below grade waterproofing membrane market.
Some of the major players operating in the below grade waterproofing membrane market are:
- Carlisle Companies Inc. (U.S.)
- DOW (U.S.)
- Firestone Building Products Company (U.S.)
- SOPREMA Group (France)
- BASF SE (Germany)
- MBCC Group (Germany)
- Sika AG (Switzerland)
- EverGuard TPO Walkway Roll (U.S.)
- Johns Manville (U.S.)
- Minerals Technologies Inc. (U.S
- Fosroc, Inc. (U.K.)
- GCP Applied Technologies, Inc., (U.S.)
- Mapei S.p.A(Italy)
- Renolit SE (Germany).
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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