Tar Paper Market Dynamics, Segments and Supply Demand 2018-2028

Market Introduction

Tar paper is a paper with heavy grade containing tar. Tar paper is widely used in building construction industry for waterproofing and roofing purposes. Tar paper is manufactured with additives like polyester or fiberglass, which give an additional tensile strength to the tar paper. Tar paper consists of a base which is made from natural materials like wood or polyesters. The tar paper is then coated with layers of bitumen or asphalt. Asbestos fibers were used in tar paper in early days. The potential hazards posed by asbestos fibers impelled building supply manufacturers to use other alternatives. Tar paper manufacturers now use cellulose fibers which are comparatively less harmful than asbestos fibers. Tar paper are can be named as asphalt-saturated roofing felt or bitumen tar paper, depending upon the coating material used. Tar paper used in roofing underlayment are generally asphalt saturated organic felts. These tar papers are combinations of asphalt and organic felts. Tar paper has a variety of functions, including water repelling, backup protection in ice or water damage, weather protection, roof deck protection, and protection from wood resin stains. Tar paper is used with shingles in order to meet the class A fire ratings in the U.S. Tar paper gives a better look to roofs, and improves uniformity as well.

Market Dynamics

The growth of the construction industry is a key factor which is expected to help in the growth of tar paper market. Regions with snow or rainy weather conditions are expected to boost the sales of tar paper. The property of tar paper to resist fire is also expected to help in the sales growth of tar paper. Tar paper can be applied to a wide range of bases, including wood and polyesters, which are natural and synthetic in nature, respectively. The versatile uses of tar paper with both bases, i.e., natural and synthetic, is expected to drive the demand for tar paper during the forecast period. Excess heat absorption by tar paper is expected to retard its sales in regions that experience hot weather conditions. Tar paper is also ineffective in the resistance to wind, which is also expected to slow down the market growth of tar paper.

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Regional Outlook

The growing population in China and India have resulted in the growth of construction industries in these countries. The growth of these industries in China and India is expected to help in the market growth of tar paper. Europe has also shown significant growth in its construction industry. This construction industry growth is expected to help in boosting the sales of tar paper in the region. Owing to the climatic conditions in the European region, the tar paper market is expected to have a good growth in the coming years. Some parts in the North American region have the potential for the growth of tar paper sales, due to the extreme climate conditions there. The construction sector growth in the North American region is also expected to create a platform for the sales of tar paper.

Latin America, with its moderately growing construction industry, is expected to help in the tar paper market up to a certain extent. Tar paper sales in the South East Asian region are expected to increase in the coming years, owing to the growth of the construction industry in this region in recent years. Japan, with its moderately growing construction industry, is also expected to help in the sales growth of tar paper in the near future.

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List of Participants

The participants involved in the tar paper market are listed below:

Nobel Corporation
Swastik Tar Industries
GMC Roofing and Building Paper Products Inc.
Dayus Roofing
Maryland Paper Company LP
Warrior Roofing Mfg
Tarco Roofing
HAL Industries Inc.
IKO Industries Ltd

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This analytical research study imparts an all-inclusive assessment on the market, while propounding historical intelligence, actionable insights, and industry-validated & statistically-upheld market forecast. Verified and suitable set of assumptions and methodology has been leveraged for developing this comprehensive study. Information and analysis on key market segments incorporated in the report has been delivered in weighted chapters. A thorough analysis has been offered by the report on

Market Dynamics
Market Size
Market Segments
Demand & Supply Trends
Current Issues and Challenges
Companies and Competitor Landscape
Value Chain
Technology
Regional Segments Analyzed Include

North America (U.S., Canada)
Latin America (Mexico. Brazil)
Western Europe (Germany, Italy, France, U.K, Spain)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC, S. Africa, N. Africa)
Compilation of authentic and first-hand intelligence, insights offered in the report are based on quantitative and qualitative assessment by leading industry experts, and inputs from opinion leaders & industry participants around the value chain. Growth determinants, macroeconomic indicators, and parent market trends have been scrutinized and delivered, coupled with the market attractiveness for each market segment encompassed. Qualitative impact of growth influencers on the market segments across regions has also been mapped by the report.

Highlights from the Report

Elaborated scenario of the parent market
Transformations in the market dynamics
Detailed segmentation of the target market
Historical, current and forecast market size based on value and volume
Latest industry developments and trends
Competition landscape
Strategies adopted by the market players and product developments made
Potential and niche segments, along with their regional analysis
Unbiased analysis on performance of the market
Up-to-date and must-have intelligence for the market players to enhance and sustain their competitiveness

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