DETROIT, November 29, 2018
DETROIT, November 29, 2018 /PRNewswire/ --
Stratview Research announces the launch of a new research report on Below-Grade Waterproofing Market by Material Type (Polymers, Bitumen, Bentonite, Rubberized Asphalt, and Others), by Membrane Type (Sheet-based and Liquid-coated), by Position Type (Positive side, Blind side and Negative side), by Application Type (Fluid-Applied, Fully Bonded, Self-Adhered, and Loose-Laid), by End-User Type (Commercial Building, Residential Building and Public Infrastructure), and by Region (North America, Europe, Asia-Pacific, and Rest of the World), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2018-2023.
This market report, from Stratview Research, studies the global below-grade waterproofing market over the trend period 2012 to 2017 and forecast period of 2018 to 2023. The report provides detailed insights on the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
Below-Grade Waterproofing Market: Highlights
As per Stratview Research, the global below-grade waterproofing market offers healthy growth opportunity during the forecast period and is likely to reach an estimated value of US$ 1,975.7 million in 2023. Increasing building and infrastructure activities owing to rebounding economy, increasing global investments for the construction of high-rise buildings and infrastructures, high focus on the protection of buildings and infrastructures from the corrosion and weather conditions, and increasing demand for the energy-efficient building are the major growth drivers of the global below-grade waterproofing market.
Based on material type, polymers segment is expected to remain the growth engine of the global below-grade waterproofing market during the forecast period. The segment is likely to witness the highest growth over the next five years. High synthetic polymer production to support rising population and urbanization, introduction of high-performance below-grade waterproofing system and a gradual shift from bitumen to synthetic polymers are the major growth drivers of the segment over the next five years.
In terms of membrane type, sheet-based membrane is expected to remain the most dominant membrane type in the market during the forecast period. Increasing usage of breathable waterproofing membranes and environmentally safe products would remain the major growth drivers of sheet-based below-grade waterproofing membrane market over the next five years.
Commercial building is expected to remain the largest segment in the market during the forecast period, whereas the public infrastructure segment is expected to witness the highest growth in the same period. Increasing construction activities of high-rise buildings coupled with increasing preference of waterproofing systems in foundations and basements are the major growth drivers of in the commercial building segment.
In terms of regions, Asia-Pacific is expected to remain the largest below-grade waterproofing market during the forecast period. The region is also expected to experience the highest growth during the same period. North America and Europe, other major markets, are also likely to generate favorable growth opportunities in the coming years.
The key below-grade waterproofing system manufacturers are GCP Applied Technologies, Sika AG, RPM International Inc., Carlisle Companies Inc., and BASF SE. Developing high-performance below-grade waterproofing systems, expanding geographically, and executing mergers & acquisitions are the key strategies adopted by the major players to gain a competitive edge in the market.
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
This report studies the global below-grade waterproofing market and has segmented the market in six ways, keeping in mind the interest of all the stakeholders across the value chain. The following are the six ways in which the market is segmented:
The global below-grade waterproofing market is segmented into the following categories:
Below-Grade Waterproofing Market, By Material Type
Below-Grade Waterproofing Market, By Membrane Type
Below-Grade Waterproofing Market, By Position Type
Below-Grade Waterproofing Market, By Application Type
Below-Grade Waterproofing Market, By End-User Type
Below-Grade Waterproofing Market, By Region
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