How Top 10 Below-Grade Waterproofing Membranes companies are Catering to the Construction Industry

Urbanization has given the rise to the construction of new infrastructure which in turn has given rise to the demand and need for below-grade waterproofing membranes. These membranes are specialized materials which are used to prevent water from entering into below-grade portions of the buildings. As per the article published in 2022 by the World Economic Forum there were more than 4.3 billion people living in the urban areas and this is expected to rise by the year 2050.

As per a report by Fortune Business Insights™, the market for below-grade waterproofing membranes reached USD 2.57 billion in 2022 and is set to reach USD 3.65 billion by 2030 with a CAGR of 5.6% during the forecast period of 2023-2030. The market also reached USD 2.68 billion in 2023. Top below-grade waterproofing membranes companies/brands are known for their well-established production facilities, distribution network, and brand recognition. They cater to a wide range of applications and customer base.

Fortune Business Insights™ Profiles Top 10 Key Players/Companies in the Below-Grade Waterproofing Membranes Market

1. BASF SE

BASF SE is German chemicals company which is operating in six segments with 11 divisions. The segments are chemicals, materials, industrial solutions, surface technologies, nutrition & care, agricultural solutions, and other. The company has three main global divisions for research process research & chemical engineering, advanced materials & systems research, and bioscience research. 

In January 2020, BASF unveiled MasterSeal 730 UVS which is a pre-applied, high-density polyethylene sheet waterproofing membrane in the Asian Market. The move will expand companies' waterproofing product portfolio under its Master Builders Solutions brand. MasterSeal 730 UVS is used in the construction activities of below grade structures in residential, commercial, and industrial buildings.

2. GCP Applied Technologies, Inc. 

GCP Applied Technologies, Inc. headquartered in Alpharetta, Georgia, U.S. is a leading provider of construction products including chemicals and high-performance specialty construction materials. The company is equipped with 50 manufacturing facilities globally and 2000 employees, serving customers in more than 100 countries. It is engages in partnerships with manufacturers, contractors, designers, and engineers.

In September 2022, Saint-Gobain acquired GCP Applied Technologies, Inc. which will help Saint-Gobain to strengthen its position as a manufacturer and supplier of construction chemicals and materials in the market for below-grade waterproofing membranes.

3. MAPEI S.p.A.

Italian chemicals company, MAPEI S.p.A. manufactures adhesives, sealants, and chemical products floor installations, waterproofing products for proofing, wall protective and decorative coatings, products for cementitious and resin flooring, architectural exposed aggregate concrete surfaces and marine products. Additionally, company also offers technical and installation support in every sector it holds expertise in. The company designs products for ceramics and stone materials such as cement-based adhesives and concrete restoration products.

In November 2022, Polyglass U.S.A. launched Mapeseal GC, a new waterproofing membrane for the building envelope which is a cold-fluid-applied, single-component, fast-curing, monolithic waterproofing membrane, damp, and green concrete applications.

4. Mineral Technologies Inc.

Mineral Technologies Inc. is a company which is for technology and resources as it develops and manufactures a wide range of specialty mineral products, mineral-based and synthetic minerals, systems, and services. The company operates in 32 countries globally and has about 12 R&D centers. It has three segments that is performance materials, specialty minerals and refractory materials. The performance segment offers materials which are synthetic and bentonite-based for consumer and industrial markets, infrastructure, environmental remediation, and nonresidential construction projects.

5. AVM Industries

AVM Industries is private manufacturing company which manufactures waterproofing products for construction industry and also has been catering to commercial, residential, and industrial markets. The company specializes in manufacturing of below-grade membranes, between-slab membranes, under-tile and crack isolation membranes, polyurethane deck coatings, acrylic deck coatings, peel and stick membranes, and other multipurpose coatings. The company mainly operates in U.S. and Canada.  

6. RPM International Inc. 

RPM International Inc. through its subsidiaries manufactures and markets chemical product lines, including high-quality specialty paints, infrastructure rehab and repair products, protective coatings, roofing systems, sealants and adhesives, maintenance and improvement needs of the industrial, specialty, and consumer markets. The company operates in 165 countries with manufacturing facilities in around 124 locations. It operates in four reportable segments namely construction products, performance coating, consumer, and specialty products.

7. Sika AG

Sika AG is a Swiss multinational chemicals company which is a manufacturer of elastic and structural adhesives and sealants, providing new and improved technologies for novel joining processes. The company mainly offers its products and services for concrete, waterproofing, sealing & bonding, roofing, flooring, refurbishment, and building finishing. It is one of the leading companies of the below-grade waterproofing membranes which manufactures systems and materials for bonding, sealing, damping, reinforcing, and protecting in the construction and automotive industries.

In July 2021, Sika completed the acquisition of American Hydrotech Inc. and its affiliate Hydrotech Membrane Corporation. This acquisition will help the company in strengthing its position in the North America.

8. SOPREMA USA

SOPREMA USA offers its range of waterproofing, commercial roofing, wall protection and civil engineering solutions by combining different products and systems. The company operates with more than 50 manufacturing plants. The solutions offered by the company are sold in total of 90 countries globally. They include liquid PMMA/PMA polymer membranes, SBS modified bitumen membranes and single-layer PVC composite membranes. These products are used in variety of applications starting from waterproofing basements to waterproofing roofs, terraces and balconies.

9. Carlisle Companies Inc.

Carlisle Companies Inc. manufactures and supplies building and construction materials and products for the residential and commercial markets. The building and construction services includes below-grade waterproofing membranes, single-ply roofing, rigid foam insulation, spray polyurethane foam technologies, architectural metal, HVAC hardware and sealants, and air and vapor barrier systems and these products are focused on the weatherproofing and thermal performance of the building envelope. It operates in Construction Materials, Weatherproofing Technologies, Interconnect Technologies, and Fluid Technologies.

10. W.R. MEADOWS, INC.

Owned as a family-business, W.R. MEADOWS, INC. designs, manufactures, and promotes building materials for the construction industry. The company’s products are sold all over the U.S. and also in international markets using authorized distribution network. Its products are used in highway construction and repair, building construction and restoration, to waterproofing/vaporproofing/air barrier products among others.

In July 2020, W. R. MEADOWS, INC, introduced HYDRALASTIC 836 SL which is a single-component, cold-applied, solvent-free, water-activated, and waterproofing system. The product cures to form a flexible waterproofing membrane for both below-grade and above-grade applications.

Environmental Sustainability: Foundation For The Adoption Of Green Building Practices

As awareness regarding the environmental sustainability is on the rise, adoption of green building practices looks like a lucrative option. Top below-grade waterproofing membranes companies have the opportunity to invest in the development of below-grade waterproofing membranes which are made from recycles or sustainable materials. This resonates with the principles of sustainability as they have proven to be economically viable.