Below-Grade Waterproofing Membranes Market Decade Long Trends, Analysis and Forecast 2025-2033

Key Insights

The Below-Grade Waterproofing Membranes Market size was valued at USD 2.57 USD Billion in 2023 and is projected to reach USD 6.27 USD Billion by 2032, exhibiting a CAGR of 13.6 % during the forecast period. Liquid membranes such as coal-tar pitch, asphalt, as well as rubberized asphalt, PVC and EPDM, are used as below-grade waterproofing to address the structural integrity of buildings by opposing pressure and chemical causes. There are seven different types of them used in constructing both commercial and infrastructural projects as well as in residential houses used to protect basements, tunnels, and foundations. Traditional roll-built, liquid-applied and pre-formed membranes address specific applications. AM can improve the performance and the durability of the technologies used in manufacturing processes. It includes protecting against water damage, mould or structure decay, increased costs due to decreased energy efficiency, and sustainable construction. Such membranes are important in ensuring below-ground structures are not affected and therefore, a crucial element in the construction industry.

Below-Grade Waterproofing Membrane Trends

• Increasing demand for below-grade waterproofing membranes due to growing urbanization and infrastructure development
• Rising construction activities in emerging economies
• Stringent government regulations for waterproof construction

Driving Forces: What's Propelling the Below-Grade Waterproofing Membranes Market

• Increasing demand for below-grade waterproofing membranes due to growing urbanization and infrastructure development
• Rising construction activities in emerging economies
• Stringent government regulations for waterproof construction

Challenges and Restraints in Below-Grade Waterproofing Membranes Market

• Availability of counterfeit products
• Stringent government regulations for waterproof construction
• Lack of skilled labour

Emerging Trends in Below-Grade Waterproofing Membranes

• Development of new and innovative waterproofing materials
• Increasing adoption of green and sustainable waterproofing solutions
• Growing awareness of the importance of below-grade waterproofing

Growth Catalysts in Below-Grade Waterproofing Membranes Industry

• Surging urbanization and infrastructure expansion
• Heightened recognition of the significance of below-grade waterproofing
• Advancements in waterproofing materials, introducing innovative technologies

Market Segmentation: Below-Grade Waterproofing Membranes Analysis

Material:

• Bitumen
• Polymers
• Rubberized Asphalt
• Others

End-use:

• Residential
• Commercial
• Others

Leading Players in the Below-Grade Waterproofing Membranes Market

• 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.) 

Significant developments in the Below-Grade Waterproofing Membranes Sector

• November 2022: Polyglass U.S.A. launched Mapeseal GC, a new waterproofing membrane for the building envelope.
• July 2021: Sika acquired American Hydrotech Inc. and its affiliate Hydrotech Membrane Corporation.
• July 2020: W. R. MEADOWS, INC. introduced HYDRALASTIC 836 SL, a single-component, cold-applied, solvent-free, water-activated waterproofing system.
• January 2020: BASF introduced MasterSeal 730 UVS, a pre-applied, high-density polyethylene sheet waterproofing membrane, to the Asian market.
• March 2019: MAPEI S.p.A., for the first time, introduced its fully bonded waterproofing membrane, called MAPEPROOF FBT, at the MADE trade fair in Milan.

Comprehensive Coverage Below-Grade Waterproofing Membranes Market Report

The revised report on the below-grade waterproofing membranes market presents a comprehensive analysis for the period 2023-2031. It offers insightful projections on market size, growth rates, and prevailing industry trends, empowering decision-makers with valuable information. The report includes in-depth profiles of leading market players, shedding light on their strategies, product portfolios, and recent advancements.

To provide a holistic view, the report conducts a detailed regional analysis covering North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. It examines the specific market dynamics, growth drivers, and challenges within each region, empowering businesses to tailor their strategies accordingly.

Additionally, the report incorporates market insights from industry experts, analysts, and key stakeholders. These insights provide valuable perspectives on emerging technologies, sustainability initiatives, regulatory frameworks, and their impact on the market's future trajectory.

By integrating these enhancements, the report remains a trusted source of information for businesses operating in the below-grade waterproofing membranes market, enabling them to make informed decisions and stay competitive in the evolving landscape.

Regional Insight

Regionally, the market encompasses North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. North America commands the largest market share, with Europe closely following. Asia-Pacific is anticipated to experience substantial growth during the forecast period, fueled by rapid urbanization and infrastructure development.

Consumer Side Analysis

The report provides insights into consumer preferences, buying behaviour, and product usage patterns. It also includes an analysis of consumer demographics and psychographics.

Demand Side Analysis

The report provides an analysis of the demand for below-grade waterproofing membranes across various end-use segments. It also includes an analysis of demand drivers and restraints.

Import And Export Analysis

The report provides an analysis of import and export data for below-grade waterproofing membranes. It includes an analysis of trade flows and trade barriers.

Pricing Strategies

The report provides an analysis of pricing strategies adopted by major players in the market. It also includes an analysis of pricing trends and drivers.

Segmentation

The report provides a segmentation of the market based on material, end-use, and region. It provides detailed insights into each segment and its growth prospects.