Below Grade Waterproofing Market Report

Attractive Opportunities

Global Demand Analysis & Sales Opportunities in Below Grade Waterproofing Market

• The annual demand for below grade waterproofing was USD 1.5 billion in 2024 and is expected to reach USD 1.6 billion in 2025, up 5.2% than the value in 2024.
• During the forecast period (2025 to 2030), the below grade waterproofing market is expected to grow at a CAGR of 2.5%. The annual demand will reach of USD 1.9 billion in 2030.
• During 2025-2030, the below grade waterproofing industry is expected to generate a cumulative sales opportunity of USD 10.74 billion.
   

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High-Growth Market Segments:

•  Asia-Pacific is expected to maintain its reign over the forecast period.
• By Material type, Polymers are estimated to contribute the largest share of the market.
• By Membrane type, Sheet-Based Waterproofing is expected to remain the leading application segment for below grade waterproofing throughout the forecast period.
• By Application type, Fluid-Applied Waterproofing is expected to be the dominant type in the below grade waterproofing market.
• By Position type, Positive Side is dominant, while the blind side is growing at the highest rate.
• By End-Use type, Commercial Building remains the biggest user of below-grade waterproofing.

Market Statistics

Have a look at the sales opportunities presented by the below grade waterproofing market in terms of growth and market forecast.

Market Dynamics

Introduction:

What is below grade waterproofing?

Below grade waterproofing is the process of protecting parts of a building that are located below ground level, such as basements, foundations, tunnels, and underground parking structures, from water infiltration and moisture damage. Since these areas are constantly exposed to groundwater, rainwater, or soil moisture, waterproofing is essential to maintain the building’s durability and prevent structural or interior damage.

This type of waterproofing typically uses membranes, coatings, drainage systems, and sealants applied to foundation walls, slabs, and other underground surfaces. The goal is to create a continuous barrier that resists water penetration, controls hydrostatic pressure, and prevents issues like leaks, cracks, mold growth, and deterioration. Effective below grade waterproofing ensures long-term structural integrity, energy efficiency, and a healthy indoor environment in underground spaces.

Segment Analysis

By Material Type

• The market is segmented into polymers, bitumen, bentonite, rubberized asphalt, and others. Polymer is expected to remain the most dominant material type in the below-grade waterproofing market during the forecast period. The segment is also likely to grow at the fastest pace during 2023-2028.
• Increasing synthetic polymer production to support the rising population and urbanization, the introduction of a 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 long run.

By Membrane Type

• The market is segmented into sheet-based waterproofing and liquid-coated waterproofing. Sheet-based membrane is expected to remain the larger membrane type in the below-grade waterproofing market during the forecast period.
• Increasing usage of breathable waterproofing membranes and environmentally safe products remain the major factors for the higher growth of sheet-based below-grade waterproofing membranes in the long run.
   

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By Position Type

• The market is segmented into the positive side, the negative side, and the blind side. The positive side is projected to remain the dominant segment of the below-grade waterproofing market over the next five years, whereas the blind side is likely to be the fastest-growing segment, driven by its suitability with zero property line application.

By End-User Type

• The market is segmented into commercial buildings, residential buildings, and public infrastructure. Commercial building is expected to remain the dominant segment of the below-grade waterproofing market during the forecast period. An expected increase in construction activities of high-rise buildings, coupled with an increasing preference for waterproofing systems in foundations and basements, is the major growth driver of the market in the commercial building segment. The residential and public infrastructure segments are also expected to create sizeable opportunities during the same period.

Regional Insights

• Asia-Pacific is likely to remain the largest below-grade waterproofing market during the forecast period. The region is also expected to log the fastest recovery during the same period. 
• The expected increase in investment in the construction sector post-pandemic, along with continued growth in the construction and infrastructure sectors in emerging Asian economies, such as China and India, will drive the demand for below-grade waterproofing in the region in the long run.
   

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Competitive Landscape

Most of the major players compete in some of the factors, including price, service offerings, regional presence, etc. The following are the key players in the below grade waterproofing market -  

• GCP Applied Technologies (now part of Saint-Gobain)
• Sika AG
• RPM International Inc.
• Carlisle Companies, Inc.
• Mineral Technologies, Inc.
• MBCC Group (part of Sika)
• Mapei S.p.A.

Note: The above list does not necessarily include all the top players in the market.

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Report FeaturesReport Features

This report provides market intelligence most comprehensively. The report structure has been kept so that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market.

The following are the key features of the report:

• Market structure: Overview, industry life cycle analysis, supply chain analysis.
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
• Market trend and forecast analysis.
• Market segment trend and forecast.
• Competitive landscape and dynamics: Market share, Service portfolio, New Product Launches, etc.
• COVID-19 impact and its recovery curve.
• Attractive market segments and associated growth opportunities.
• Emerging trends.
• Strategic growth opportunities for the existing and new players.
• Key success factors.

Market Segmentation

This report studies the market, covering a period of 15 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities present in the market.

The below grade waterproofing market is segmented into the following categories:

Below Grade Waterproofing Market, by Material Type

• Polymers
• Bitumen
• Bentonite
• Rubberized Asphalt
• Others

Below Grade Waterproofing Market by Membrane Type

• Polymers
• Bitumen
• Bentonite
• Rubberized Asphalt
• Others

Below Grade Waterproofing Market by Application Type

• Fluid-Applied Waterproofing 
• Fully Bonded Waterproofing 
• Loose-Laid Waterproofing 
• Self-Adhered Waterproofing 

Below Grade Waterproofing Market, by Position Type

• Positive Side 
• Blind Side 
• Negative Side 

Below Grade Waterproofing Market, by Position Type

• Commercial Building
• Residential Building 
• Public Infrastructure 

Below Grade Waterproofing Market, by Region Type

• North America (Country Analysis: USA, Canada, The UK, Rest of North America)
• Europe (Country Analysis: Germany, France, The UK, Russia, and the Rest of Europe)
• Asia-Pacific (Country Analysis: Japan, China, India, and Rest of Asia-Pacific)
• Rest of the World (Country Analysis: Brazil, Saudi Arabia, and Others)

Research Methodology

• This strategic assessment report from Stratview Research provides a comprehensive analysis that reflects today’s Below Grade Waterproofing market realities and future market possibilities for the forecast period 
• The report segments and analyzes the market in the most detailed manner to provide a panoramic view of the market.
• The vital data/information provided in the report can play a crucial role for market participants and investors in identifying the low-hanging fruits available in the market and formulating growth strategies to expedite their growth process.
• This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.
• More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data.
• We conducted more than 15 detailed primary interviews with market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respected clients:

Company Profiling

• Detailed profiling of additional market players (up to three players)
• SWOT analysis of key players (up to three players)

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Service portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview Research offers custom research services across industries. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to [email protected]