Press release
Roofing Membranes Market Future Prospects, Trends, Growth, Key Player SWOT Analysis by 2031| Sika AG, Godfrey Roofing Inc., Henry Company
Roofing Membranes Market || 2024-2031
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What is the projected growth rate (CAGR) of the Global Roofing Membranes market from 2024 to 2031, and what is the market value expected to change by 2031?
The global roofing membranes market size reached US$ 16.1 billion in 2022 and is expected to reach US$ 26.8 billion by 2031. The market is growing at a CAGR of 9.4% during the forecast period 2024-2031.
What is Roofing Membranes Market?
Roofing membranes are flexible, waterproof sheets used as a protective layer over building roofs to prevent water infiltration, enhance durability, and improve energy efficiency. Typically made from materials like PVC (polyvinyl chloride), TPO (thermoplastic polyolefin), EPDM (ethylene propylene diene monomer), or modified bitumen, roofing membranes are especially common for flat or low-slope roofs due to their ability to form a continuous, sealed surface. These membranes provide resistance to weather conditions, UV rays, and temperature fluctuations, making them an essential component in both residential and commercial roofing systems.
Growth Driver
The emphasis on energy efficiency in building construction, backed by global government initiatives like the U.S. EPA's ENERGY STAR program, is driving demand for energy-efficient roofing solutions, supporting growth in the roofing membranes market.
Key Players:
Profiles of some of the major players in the global Roofing Membranes market, which include Sika AG, Godfrey Roofing Inc., Henry Company, Firestone Building Products Company LLC, Owens Corning, GAF, DuPont, Carlisle SynTec Systems, Siplast and Duro-Last Inc.
Industry Development:
In 2021, Swiss construction chemicals company Sika launched SikaRoof MTC, a high-performance, energy-efficient thermoplastic membrane system for low-slope roofing applications.
Meanwhile, in 2020, Firestone Building Products introduced RubberGard EPDM Secure Bond Technology, improving adhesion and durability in EPDM roofing, and Carlisle SynTec Systems released Sure-Flex PVC FleeceBACK RL, combining a durable PVC membrane with fleece backing for added puncture resistance and easy installation.
The purpose of the report is to offer a comprehensive analysis of the market, along with insightful conclusions, statistical data, historical information, market data that has been confirmed by the industry, and predictions based on a sound methodology. By identifying and examining market segments and forecasting global market size, the study also contributes to understanding the dynamics and structure of the global Roofing Membranes market.
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Market Segments:
The report covers the segmentation of the market into different segments based on various classifications such as applications, end users, product types, and others. The segmentation is divided into two sections, one for development and the other for different roles, needs, and behaviors.
By Installation: Fully Adhered, Ballasted, Hot Air Welding, Mechanically Attached, Others
By Application: Commercial, Residential, Others
By Product Type: Ethylene Propylene Diene Monomer, Liquid Applied Membrane, Modified Bitumen, Thermoplastic Polyolefin, Poly Vinyl Chloride, Synthetic Rubber, Others
Regional Break out:
☞ North America - US, Canada, Mexico
☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe
☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific
☞ South America- Brazil, Argentina, Rest of South America
☞ Middle East and Africa
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Key Features:
➧ Gain deep insights into market dynamics, trends, and opportunities to stay ahead in a competitive landscape.
➧ Track competitor's movements in real time, allowing you to swiftly adapt strategies and remain competitive.
➧ Compare your performance with industry leaders to identify gaps, strengths, and areas for improvement.
➧ Stay updated with emerging market trends, technological advancements, and customer behaviour to refine your strategy.
➧ Receive actionable insights and recommendations to drive your business toward growth and long-term success.
➧ Tailor competitive intelligence to your unique business needs, ensuring relevant and focused analysis.
➧ Evaluate supply chain efficiency and logistics strategies to optimize operations and minimize disruptions.
➧ Understand key players, stakeholders, and partnerships to navigate the competitive landscape more effectively.
➧ Identify and target specific market segments with detailed intelligence on customer preferences and behaviors.
➧ Stay informed on regulatory changes and legal requirements impacting your industry to ensure compliance and mitigate risks.
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