Global Below Grade Waterproofing Market Report and Forecast 2025-2034

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The global below grade waterproofing market is significantly affected by the construction market, which is growing at a fast pace. The Latin America and the Asia Pacific regions accounted for more than 50% of the world’s construction industry in 2016, and in the coming years, they will have a share of more than 55%. The Middle Eastern construction industry is one of the fastest-growing markets, globally and is, thus, expected to support the growth of the below grade waterproofing industry.

In the forecast period, the Asia-Pacific is expected to remain the largest below grade waterproofing market. The region is expected to witness the highest growth during the forecast period. In emerging Asian economies, such as China and India, rapid construction and infrastructure sector growth is driving the growth of the product.

Market Segmentation

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Market Analysis

The rising population is driving the global below grade waterproofing market growth. Urbanization is another key driver driving the industry forward as it is leading to the growth of the construction industry. The industry is also majorly aided by the growing infrastructure and housing construction supported by the government in developing nations like India and China. The industry is being further driven by the rising need for compatible construction material choices. Renovation and modernization of old infrastructure and housing demand in regions like North America are driving the growth of the global below grade waterproofing market.

The market is being driven by the growing demand for technological progress in waterproofing. The rapid growth of industrial and public buildings is aiding the below grade waterproofing industry. The ability to suit the various designs, building materials, and components for waterproofing solutions contributes to the advancement of this industry. Progress in groundwater controlling methods during and after construction has resulted in revised plans of waterproofing methods. In the coming years, growing customer awareness about the advantages of geomembranes combined with the introduction of new materials are expected to further drive demand growth.

The changing consumer preferences for durable and robust building materials along with the rising purchasing power of the consumers are driving the global below grade waterproofing market. Increasing demand for waterproofing and drainage systems in residential buildings and structures is driving the industry growth. The rising competition among different key players is expected to stimulate the production further.  Hurricanes in the south of the United States and wildfires in the west of the United States are creating a strong demand for new buildings in North America and, therefore, continue to drive the global industry for below grade waterproofing.

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Competitive Landscape

The report gives a detailed analysis of the following key players in the global below grade waterproofing market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

• Carlisle Companies Inc.
• GCP Applied Technologies Inc
• RPM International Inc
• BASF SE
• DuPont de Nemours, Inc
• Wacker Chemie AG
• Sika AG
• WR Grace & Co.
• Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.