North America Below Grade Waterproofing Market Report and Forecast 2025-2034

The North America below grade waterproofing market attained a value of USD 297.50 Million in 2024 . 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 453.24 Million by 2034 , displaying a CAGR of about 4.30% during the forecast period of 2025-2034.

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.

Market Segmentation

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:

Market Breakup by Material Type

• Polymer
• Bitumen
• Bentonite
• Rubberised Asphalt

Market Breakup by Membrane Type

• Sheet Based
• Liquid Based

Market Breakup by End Use

• Residential
• Commercial
• Public Infrastructure

Market Breakup by Region

• United States of America
• Canada

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.
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