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Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

North America Below Grade Waterproofing Market Outlook

The North America below grade waterproofing market attained a value of USD 297.5 million in 2023. The innovative construction of commercial buildings is driving the market as the below grade and foundation area of a building require various types of waterproofing. The market is further projected to attain a value of USD 378.2 million by 2032, displaying a CAGR of about 4.3% during the forecast period of 2024-2032.

North America Below Grade Waterproofing Market

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One of the major end users of below grade waterproofing is the commercial buildings sector. The rapid urbanisation has led to a significant growth of the construction sector in North America. The growing economy in the United States is further driving the construction sector growth. The rising healthcare and lodging sectors have increased the demand for commercial buildings in the United States. Polymer is one of the significant material types in the United States below grade waterproofing market due to its long-lasting elastic properties and seamless finish.

Below grade waterproofing is used for the protection of below grade spaces such as tunnels, foundation walls, and basements that can be degraded and cause damage to the storage within due to several environmental factors.

Properties and Applications

Below grade waterproofing is used for the protection of below grade spaces such as tunnels, foundation walls, and basements that can be degraded or cause damage to the storage within due to several environmental factors. The industry can be segmented based on:

North America Below Grade Waterproofing Market By Form

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  • Material Type
    • Polymer
    • Bitumen
    • Bentonite
    • Rubberised Asphalt
  • Membrane Type
    • Sheet Based
    • Liquid Based

The end uses of below grade waterproofing include:

  • Residential 
  • Commercial 
  • Public Infrastructure

The EMR report provides an in-depth analysis of the North America below grade waterproofing market in the United States of America and Canada. New England, Mideast, Great Lakes, Plains, Southeast, Southwest, Rocky Mountain, and Far West are the leading regional markets for below grade waterproofing in the United States. Meanwhile, British Columbia, Alberta, The Prairies, Central Canada, and Atlantic Canada are the major regional markets in Canada.

North America Below Grade Waterproofing Market BY Form

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Market Analysis

The rapid development of commercial and government buildings is supporting the demand for waterproofing services. The ability of waterproofing solutions to match a variety of designs, building materials, and components are adding to the growth of the market. To control groundwater during and after construction, demand for advanced waterproofing methods has increased. Rising urbanisation along with growing economic standards in the US are leading to the development of the construction sector, further driving the demand for below grade waterproofing. The shifting consumer preferences for durable and robust building materials and increasing disposable incomes are driving the market demand in the US.

The increasing government spending on residential and non-residential projects is expected to aid the market. Further, there is a growing competition among major market players. The escalating demand for the installation of basement waterproofing and drainage in residential buildings and structures is propelling the market. Frequent occurrence of tornadoes and storms in the region has expanded the demand for below grade waterproofed basements.

Competitive Landscape

The report gives a detailed analysis of the following key players in the North America 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
  • Wacker Chemie AG
  • Sika AG
  • W. R. Grace & Co
  • DuPont de Nemours, Inc.
  • BASF SE
  • RPM International Inc.
  • 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.

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Material Type
  • Membrane Type
  • End Use
  • Region
Breakup by Material Type
  • Polymer
  • Bitumen
  • Bentonite
  • Rubberised Asphalt
Breakup by Membrane Type
  • Sheet Based
  • Liquid Based
Breakup by End Use
  • Residential
  • Commercial
  • Public Infrastructure
Breakup by Region
  • United States of America
  • Canada
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Carlisle Companies Inc.
  • GCP Applied Technologies Inc
  • RPM International Inc
  • BASF SE
  • Dupont de Nemours, Inc. 
  • Wacker Chemie AG
  • Sika AG
  • W.R. Grace & Co.
  • Others
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North America Below Grade Waterproofing Market Report Snapshots

North America Below Grade Waterproofing Market Size

North America Below Grade Waterproofing Market Analysis

North America Below Grade Waterproofing Companies

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The North America below grade waterproofing market reached a value of USD 297.5 million in 2023.

The market is projected to grow at a CAGR of nearly 4.3% in the forecast period of 2024-2032.

The market is estimated to reach a value of about USD 378.2 million by 2032.

The major drivers of the market include rising disposable incomes, increasing population, rising construction industry, and rapid urbanisation.

The renovation activities being undertaken in the United States is expected to be a key trend guiding the growth of the market.

The United States of America and Canada are the leading regions in the market, with the United States of America accounting for the largest market share.

The major material types of the product include polymer, bitumen, bentonite, and rubberised asphalt.

The leading membrane types of the product in the mrket are sheet based and liquid based.

The product finds end use in residential, commercial, and public infrastructure.

The leading players in the 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.

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63 Fiona Drive, Tamworth, NSW

+61 448 06 17 27

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

+63 287899028, +63 967 048 3306

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84865399124