Roofing Membranes Market - Growth, Trends, and Forecast (2019 - 2024)

The market is segmented by Product Type (Thermoplastic Polyolefin, Ethylene Propylene Diene Monomer, Poly Vinyl Chloride, Modified Bitumen, and Other Product Types), Installation Type (Mechanically Attached, Fully Adhered, Ballasted, and Other Installation Types), Application (Residential, Commercial, Institutional, and Infrastructural), and Geography

Market Snapshot

Roofing Membranes Market - Market Summary
Study Period:

2016-2024

Base Year:

2018

Fastest Growing Market:

Asia Pacific

Largest Market:

North America

Key Players:

80% of our clients seek made-to-order reports. How do you want us to tailor yours?

Market Overview

The roofing membranes market is expected to register a CAGR of above 9% during the forecast period of 2019 – 2024. The major factors driving the growth of market studied are the increasing demand for lighter and faster construction roofing materials in the European region, and increasing private construction expenditure in the North American region. On the flipside, fluctuating prices of raw materials is likely to hamper the growth of the market studied.

  • The thermoplastic polyolefin (TPO) segment dominated the market in 2018, and is likely to grow during the forecast period.
  • The growing demand for cost-effective roofing membranes is likely to provide opportunities for the studied market during the forecast period.
  • North America dominated the market across the world due to the growing construction activities in the region.

Scope of the Report

The roofing membranes market report includes:

Product Type
Thermoplastic Polyolefin (TPO)
Ethylene Propylene Diene Monomer (EPDM)
Poly Vinyl Chloride (PVC)
Modified Bitumen (Mod-Bit)
Other Product Type
Installation Type
Mechanically Attached
Fully Adhered
Ballasted
Other Installation Types
Application
Residential
Commercial
Institutional
Infrastructural
Geography
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Rest of Europe
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Report scope can be customized per your requirements. Click here.

Key Market Trends

Commercial Segment to Dominate the Market Demand

  • Roofing membranes are extensively used in the commercial segment, where the demand is majorly driven by increasing commercial construction across the world.
  • They membranes find application in commercial areas, ranging from factories, railway stations, airports, company headquarters, shopping centers, theaters, schools, hospitals, etc.
  • PVC roofing is widely popular for commercial roofing applications due to its attractive properties, such as its strength, durability and lack of water permeability.
  • PVC roofing systems can withstand up to 300 pounds per inch, which is 100 pounds per inch heavier than the industry-recommended 200 PPI.
  • PVC is also more energy efficient due to its white color. With a life-span of 15 to 30 years, it also offers the longevity benefit.
  • With the growing commercial construction, majorly in the Asia-Pacific and Middle Eastern countries, the demand for roofing membrane for commercial application is expected to increase in these regions.
Roofing Membranes Market - Segmentation

To understand key trends, Download Sample Report

North America to Dominate the Market

  • North America dominated the global market share in 2018. The usage of lightweight and faster construction techniques in countries, such as the United States, Canada, and Mexico, has increased the demand for the roofing membranes significantly in the region.
  • In 2018, the residential construction witnessed noticeable growth in the United States. However, in October 2018, non-residential construction increased by 53%, accounting to a 21% boost in overall construction in the country.
  • In Canada, two of the three largest cities became hotspots for construction. The construction activities have been booming again in Toronto and Vancouver. Developers outlook regarding good returns on investment, particularly with high-density residential projects, has been driving the construction activities in the country.
  • In Mexico, renovation of affected properties due to the earthquake in 2017, and now, high housing demand is driving the growth of the construction sector.
  • Hence, with such a positive scenario of the construction market, and the growing adoption of lightweight materials in construction projects, the demand for roofing membranes is projected to increase in the region during the forecast period.
Roofing Membranes Market - Regional Trends

To understand geography trends, Download Sample Report

Competitive Landscape

The roofing membranes market is a fragmented market, where numerous players holding a insignificant share of the market affect the market dynamics individually. Some of the noticeable players in the market include Carlisle SynTec Systems, DowDuPont, Duro-Last Inc., Firestone Building Products Company LLC, and GAF, amongst others.

Major Players

  1. Carlisle SynTec Systems
  2. DowDuPont
  3. Duro-Last, Inc.
  4. Firestone Building Products Company LLC
  5. GAF

* Complete list of players covered available in the table of contents below

Roofing Membranes Market - Market Concentration

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Drivers

      1. 4.1.1 Increasing Demand for Lighter and Faster Construction Roofing Materials in the European Region

      2. 4.1.2 Increasing Private Construction Expenditure in the North American Region

    2. 4.2 Restraints

      1. 4.2.1 Fluctuating Prices of Raw Materials

    3. 4.3 Industry Value-chain Analysis

    4. 4.4 Porter's Five Force Analysis

      1. 4.4.1 Bargaining Power of Suppliers

      2. 4.4.2 Bargaining Power of Consumers

      3. 4.4.3 Threat of New Entrants

      4. 4.4.4 Threat of Substitute Products and Services

      5. 4.4.5 Degree of Competition

    5. 4.5 Roofing Membrane's Cost Analysis

  5. 5. MARKET SEGMENTATION

    1. 5.1 Product Type

      1. 5.1.1 Thermoplastic Polyolefin (TPO)

      2. 5.1.2 Ethylene Propylene Diene Monomer (EPDM)

      3. 5.1.3 Poly Vinyl Chloride (PVC)

      4. 5.1.4 Modified Bitumen (Mod-Bit)

      5. 5.1.5 Other Product Type

    2. 5.2 Installation Type

      1. 5.2.1 Mechanically Attached

      2. 5.2.2 Fully Adhered

      3. 5.2.3 Ballasted

      4. 5.2.4 Other Installation Types

    3. 5.3 Application

      1. 5.3.1 Residential

      2. 5.3.2 Commercial

      3. 5.3.3 Institutional

      4. 5.3.4 Infrastructural

    4. 5.4 Geography

      1. 5.4.1 Asia-Pacific

        1. 5.4.1.1 China

        2. 5.4.1.2 India

        3. 5.4.1.3 Japan

        4. 5.4.1.4 South Korea

        5. 5.4.1.5 Rest of Asia-Pacific

      2. 5.4.2 North America

        1. 5.4.2.1 United States

        2. 5.4.2.2 Canada

        3. 5.4.2.3 Mexico

      3. 5.4.3 Europe

        1. 5.4.3.1 Germany

        2. 5.4.3.2 United Kingdom

        3. 5.4.3.3 France

        4. 5.4.3.4 Italy

        5. 5.4.3.5 Rest of Europe

      4. 5.4.4 South America

        1. 5.4.4.1 Brazil

        2. 5.4.4.2 Argentina

        3. 5.4.4.3 Rest of South America

      5. 5.4.5 Middle East & Africa

        1. 5.4.5.1 Saudi Arabia

        2. 5.4.5.2 South Africa

        3. 5.4.5.3 Rest of Middle East & Africa

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements

    2. 6.2 Market Share Analysis**

    3. 6.3 Strategies Adopted by Leading Players

    4. 6.4 Company Profiles

      1. 6.4.1 Carlisle SynTec Systems

      2. 6.4.2 DowDuPont

      3. 6.4.3 Duro-Last Inc.

      4. 6.4.4 Firestone Building Products Company LLC

      5. 6.4.5 GAF

      6. 6.4.6 Godfrey Roofing Inc.

      7. 6.4.7 Henry Company

      8. 6.4.8 Icopal Ltd

      9. 6.4.9 IKO Polymeric

      10. 6.4.10 Johns Manville

      11. 6.4.11 Kingspan Group

      12. 6.4.12 Owens Corning

      13. 6.4.13 pH plastics

      14. 6.4.14 Sika AG

      15. 6.4.15 Siplast

    5. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

    1. 7.1 Growing Demand for Cost-effective Roofing Membranes

**Subject to Availability

80% of our clients seek made-to-order reports. How do you want us to tailor yours?

Please Enter a Valid Message!


Complete your payment details below

Shipping & Billing Information

Payment Information