Press Release

North America Below Grade Waterproofing Market Projected to Grow at a CAGR of about 4.3% During the Forecast Period of 2024-2032

North America Below Grade Market

According to a new report by EMR titled, ‘North America Below Grade Waterproofing Market Report and Forecast 2024-2032’, the North America below grade waterproofing market nearly reached a value of USD 297.5 million in 2023. It is further expected grow in the forecast period of 2024-2032 at a CAGR of 4.3% to attain the value of USD 378.2 million by 2032.

The North America below grade waterproofing market is the third largest market for below grade waterproofing, globally. The United States is the largest regional market for below grade waterproofing within the North America market. Hurricanes in the southern US, including Virginia, Florida, and Carolina and wildfires in California, are creating a strong demand for new buildings in the United States, thus, further aiding the North America below grade waterproofing market. The increased constructional activities and the rapid growth in commercial and government buildings are supporting the growth of waterproofing services. The rising demand for the installation of basement waterproofing and drainage in residential buildings and structures is propelling the demand growth in the market.

 

Carlisle, one of the key players in the below grade waterproofing market in North America, produces a variety of below grade waterproofing products under its InsulFoam ® and R-Tech ® brands. InsulFoam ® and R-Tech ® products are designed to waterproof or damp-proof structures like the foundation wall or slab, particularly in commercial and residential constructions.

 

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Market Analysis by Material Type, Membrane Type, End Use, and Regions:

  • The type of materials used to make below grade waterproofing include polymer, bitumen, bentonite, and rubberised asphalt.
  • The membrane types in the below grade waterproofing market can be categorised as sheet based and liquid based.
  • Below grade waterproofing finds its end use in residential, commercial, and public infrastructure.
  • The regions included in this market are the United States of America and Canada.

 

Key Findings of the Report:

  • The North America below grade waterproofing market is being aided by the rising demand for technological advances in the waterproofing systems.
  • The market is being aided by the increasing demand for compatible construction material alternatives.
  • The ability of the waterproofing solutions to match a variety of designs, building materials, and components are adding to the growth of the industry.
  • Rising urbanization and growing economic standards in the United States are leading to the rise of the construction sector, driving the demand for the below grade waterproofing industry in the region.
  • The shifting consumer preferences to durable and robust building materials and increasing disposable incomes of the consumers are driving the demand in the industry in the US.

 

Key Offerings of the Report:

  • The EMR report provides an overview of the global below grade waterproofing market for the periods (2018-2023) and (2024-2032).
  • The report also offers the historical (2018-2023) and forecast (2024-2032) markets for the material type, membrane type, end use, and regions of below grade waterproofing in the North America market.
  • A detailed analysis of the United States of America and Canada market has also been provided, covering the material type, membrane type, end use, and regional market for the (2018-2023) and (2024-2032) periods.

 

The major players in the North America below grade waterproofing market are Carlisle Companies Inc., GCP Applied Technologies Inc, Wacker Chemie AG, Sika AG, W. R. Grace & Co, DuPont de Nemours, Inc., BASF SE, RPM International Inc., among others. The comprehensive report covers their market share, capacity, and latest developments like mergers, acquisitions and investments, capacity expansions, and plant turnarounds.

 

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