Global Roofing Membranes Market Size By Product (Thermoplastic Polyolefin (TPO), Ethylene Propylene Diene Monomer (EPDM)), By Installation Type (Mechanically Attached, Fully Adhered), By End-User (Residential, Commercial), By Geographic Scope And Forecast
Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationRoofing Membranes Market Size And Forecast
Roofing Membranes Market size was valued at USD 19.5 Billion in 2024 and is projected to reach USD 38.86 Billion by 2031, growing at a CAGR of 9% during the forecasted period 2024 to 2031.
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Global Roofing Membranes Market Definition
The Global Roofing Membranes Market is the market for materials that protect roofs from water, wind, and other elements. Roofing membranes typically contain Bitumen, EPDM, PVC, or TPO. They are either sheet-based or liquid-applied. The “Global Roofing Membranes Market” refers to the worldwide industry segment focused on manufacturing, distributing, and utilizing specialized roofing materials known as roofing membranes. These membranes are designed to provide a durable and weather-resistant barrier for various roofs in residential, commercial, industrial, and institutional buildings. The market encompasses a range of roofing membrane types, materials, and technologies that contribute to effective roofing solutions.
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Global Roofing Membranes Market Overview
Think of the Global Roofing Membranes Market as a part of the bigger world of construction and building stuff. It's all about making and selling those special sheets, called roofing membranes, that go on top of buildings. These membranes are super important because they keep water out, protect against the weather, and help keep buildings warm or cool. You'll find lots of different materials and ways to do it, all to fit different roofing needs. There's a whole bunch of different roofing membranes out there, each designed for a specific job – like the plastic-y ones (PVC, TPO), the sticky ones (APP, SBS), EPDM (that rubbery stuff), and more! They're used on all sorts of roofs – flat ones, slanted ones, even green roofs! And they're used on homes, stores, factories, schools – you name it!
Roofing membranes provide resistance against weather elements such as UV radiation, temperature fluctuations, and wind. Some membranes are designed with reflective properties to reduce heat absorption, contributing to energy efficiency and cooling cost reduction in buildings. The roofing industry is embracing technology, including digital tools for design and modeling, as well as innovations in membrane materials and installation methods. Urbanization, population growth, infrastructure development, and increasing awareness of energy efficiency and sustainability are driving the demand for roofing membranes.
Growing interest in sustainable practices has led to increased adoption of green roofs, where roofing membranes play a crucial role in supporting vegetation and managing water runoff. The integration of sensors and monitoring systems into roofing membranes allows for real-time tracking of roof conditions, contributing to maintenance efficiency. Ongoing research is focused on creating roofing membrane materials that offer improved durability, flexibility, and resistance to weathering. Digital tools for designing, modeling, and simulating roofing systems are becoming more integral to the industry’s workflows.
Market Attractiveness
The image of market attractiveness provided would further help to get information about the region that is majorly leading in the Global Roofing Membranes Market. We cover the major impacting factors that are responsible for driving the industry growth in the given region.
Porter’s Five Forces
The image provided would further help to get information about Porter’s five forces framework providing a blueprint for understanding the behavior of competitors and a player’s strategic positioning in the respective industry. Porter’s five forces model can be used to assess the competitive landscape in the Global Roofing Membranes Market, gauge the attractiveness of a certain sector, and assess investment possibilities.
Global Roofing Membranes Market Segmentation Analysis
The Global Roofing Membranes Market is Segmented on the basis of Product Type, Installation Type, End-User, and Geography.
Roofing Membranes Market, By Product
- Thermoplastic Polyolefin (TPO)
- Ethylene Propylene Diene Monomer (EPDM)
- Poly Vinyl Chloride (PVC)
- Modified Bitumen (Mod-Bit)
- Others
When we look at roofing materials by Product, the market breaks down into a few key playersThermoplastic Polyolefin (TPO), Ethylene Propylene Diene Monomer (EPDM), Poly Vinyl Chloride (PVC), Modified Bitumen (Mod-Bit), and of course, Others. Think of TPO as a single-ply membrane, a blend of polypropylene and ethylene-propylene rubber. It's popular because it stands up to the sun (excellent UV resistance!), can be easily heat-welded at the seams, and even helps save energy thanks to its reflective surface. EPDM roofing, on the other hand, is made from a synthetic rubber. It's a real workhorse, known for its durability and ability to weather just about anything. You'll often find EPDM membranes on low-slope and flat roofs, where their flexibility and long lifespan really shine. Then there's PVC roofing, another single-ply membrane, but this one's crafted from a thermoplastic material.
Think of PVC roofing like thisit's tough stuff that can handle chemicals, blazing sunshine (thanks to its UV resistance), and even fire. Plus, it's surprisingly easy to put down and can even save you money on energy bills because it reflects heat. Now, modified bitumen, or "mod-bit," is basically souped-up asphalt. They've added polymers to it to make it even better. You can stick it on with a torch, peel and stick it, or even apply it cold. You'll see it used on houses and bigger buildings alike. And then there's the "Others" category, which is kind of a catch-all. It’s probably full of roofing membrane materials that don't quite fit into the TPO, EPDM, PVC, or mod-bit groups – maybe some newer, more specialized, or less popular options.
Roofing Membranes Market, By Installation Type
- Mechanically Attached
- Fully Adhered
- Ballasted
- Others
Based on Installation Type, The market is segmented into Mechanically Attached, Fully Adhered, Ballasted, and Others. They are the most common type of roofing membrane and are used in a variety of applications. These membranes are applied to the roof deck and then adhered using a bonding agent. They are more expensive than mechanically attached membranes, but they are also more durable and offer better protection from water and wind. They are used in applications where wind uplift is a concern. This category includes roofing membranes that are installed using other methods, such as spray-applied membranes.
Roofing Membranes Market, By End-User
- Residential
- Commercial
- Institutional
- Infrastructural
Based on End-User, The market is segmented into Residential, Commercial, Institutional, and Infrastructural. Roofing membranes are used in a variety of residential applications, such as single-family homes, apartments, and townhouses. Because there are so many residential buildings worldwide, the residential market segment is the largest. Office buildings, retail establishments, and warehouses are just a few of the commercial settings where roofing membranes are used.
The second-largest market category is the commercial sector, which is a result of the rise in the number of commercial buildings worldwide. Roofing membranes are used in a variety of institutional applications, such as schools, hospitals, and government buildings. The institutional segment is the third-largest market segment, due to the need for durable and long-lasting roofing solutions in these applications. Roofing membranes are used in a variety of infrastructural applications, such as bridges, tunnels, and airports. The infrastructural segment is the smallest market segment, but it is expected to grow at the fastest rate during the forecast period.
Roofing Membranes Market, By Geography
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
On the basis of Regional Analysis, the Global Roofing Membranes Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. North America encompasses the United States and Canada. Factors such as climate diversity, energy efficiency regulations, and sustainability initiatives influence the choice of roofing materials. High demand for energy-efficient roofing solutions, including reflective membranes, is a notable trend in this region. Europe includes countries within the European Union and beyond. European nations often prioritize sustainable building practices and energy efficiency.
Roofing membranes that contribute to green building certifications and energy savings are sought after. The use of cool roofing solutions is prominent in southern European countries with warmer climates. The Asia Pacific region, including countries like China, India, Japan, and Australia, experiences rapid urbanization and infrastructure development. The growing construction sector drives the demand for roofing membranes. Local factors such as monsoons and typhoons impact material choices. Energy efficiency and sustainable building practices are gaining traction in this region as well.
Key Players
The “Global Roofing Membranes Market” study report will provide valuable insight with an emphasis on the global market including some of the major players such as Carlisle Companies Inc. (US), GAF Materials Corporation (US), Firestone Building Products Company LLC (US), Soprema Group (France), IKO Industries Inc. (Canada), CertainTeed Corporation (US), Johns Manville Corporation (US), Duro-Last Roofing Systems (US), Henry Company (US), Icopal (Finland).
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with product benchmarking and SWOT analysis.
Key Developments
- May 2020, In the most recent issue of the Building Research and Information magazine, significant research on the testing methods for non-bitumen-coated roofing membranes was released. This method paper, titled “Method for evaluating the snagging propensity of roofing membranes in buildings by roosting bats,” enables independent testing of roofing membranes to determine which roofing membranes provide the least risk to bats where they are or may be present.
Ace Matrix Analysis
The Ace Matrix provided in the report would help to understand how the major key players involved in this industry are performing as we provide a ranking for these companies based on various factors such as service features & innovations, scalability, innovation of services, industry coverage, industry reach, and growth roadmap. Based on these factors, we rank the companies into four categories as Active, Cutting Edge, Emerging, and Innovators.
Report Scope
REPORT ATTRIBUTES | DETAILS |
---|---|
STUDY PERIOD | 2021-2031 |
BASE YEAR | 2024 |
FORECAST PERIOD | 2024-2031 |
HISTORICAL PERIOD | 2021-2023 |
UNIT | Value (USD Billion) |
KEY COMPANIES PROFILED | Carlisle Companies Inc. (US), GAF Materials Corporation (US), Firestone Building Products Company LLC (US), Soprema Group (France), IKO Industries Inc. (Canada), CertainTeed Corporation (US), Johns Manville Corporation (US), Duro-Last Roofing Systems (US), Henry Company (US), Icopal (Finland). |
SEGMENTS COVERED | By Product, By Installation Type, By End-User, And By Geography. |
CUSTOMIZATION SCOPE | Free report customization (equivalent to up to 4 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Research Methodology of Market Research
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Reasons to Purchase this Report
We dig into the market using both numbers and more subjective observations, breaking it down by economic factors and everything else. You'll get the market size in USD Billion for every slice of the market. We'll point out which regions and segments are likely to grow the fastest and be the biggest. Plus, we'll analyze each region, looking at how much of the product/service they're using and what's influencing the market there. We also size up the competition, ranking the top players and noting any new products, M&As, or partnerships from the last five years. For the big players, we'll give you detailed company profiles
, including overviews, insights, product comparisons, and a SWOT analysis. We'll paint a picture of where the market is now and where it's headed, considering recent events, growth possibilities, and the challenges ahead in both new and established markets. We'll also give you an in-depth look using Porter's five forces and explore the market's value chain. Finally, we'll cover the market's dynamics and future growth opportunities. And don't forget, you get 6 months of analyst support after your purchase!
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