Roofing Underlayment Market on Track for Strong Growth, Estimated to Grow at 6.5% CAGR Through 2029

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What Is the Expected CAGR for the Roofing Underlayment Market Through 2025?
In the last few years, there has been a consistent increase in the size of the roofing underlayment market. It's anticipated to expand from its estimated worth of $28.01 billion in 2024 to approximately $29.35 billion by 2025, indicating a compound annual growth rate (CAGR) of about 4.8%. The factors contributing to this considerable growth during the historic period include advancements in roofing materials, residential and commercial construction, improved weatherproofing and moisture control, compliance to building codes and regulations, regular roof repair and maintenance, and the use of eco-friendly and sustainable underlayment materials.

What's the Projected Size of the Global Roofing Underlayment Market by 2029?
Over the coming years, the roofing underlayment market is projected to witness significant expansion. The market valuation is predicted to reach $37.8 billion by 2029, growing at a compound annual growth rate (CAGR) of 6.5%. This anticipated growth during the forecast period can be linked to several factors including energy-saving roofing systems, durable underlayment materials, innovative roofing underlayment options, embrace of green and cool roofing, retrofitting and renovations, and aging building infrastructure. Key trends expected to shape the forecast period include self-sticking underlayment, state-of-the-art high-performance underlayment materials, roofing underlayment incorporated with solar technology, digital monitoring and remote diagnostics, fire-resistant underlayment, and drone-led roof inspections.

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Top Growth Drivers in the Roofing Underlayment Industry: What's Accelerating the Market?
The expansion of residential and non-residential building construction is predicted to spur the growth of the roofing underlayment market. Construction is defined as the process of assembling and erecting structures that offer shelter for residential or commercial uses. Roofing underlayments, which serve as a protective barrier between the structural components and the topmost layer of shingles in roof construction to guard against water intrusion, are utilized in all residential and commercial structures. For instance, according to forecasts by the American Institute of Architects, a professional association of architects based in the USA, non-residential building construction is projected to rise by 5.4% in 2022 and is anticipated to climb to 6.1% in 2023. Furthermore, the U.S. Census Bureau, a government agency in the U.S., revealed that monthly residential construction operations saw an upsurge in 2022. Consequently, the roofing underlayment market is growing due to the expansion in the building sector.

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What Long-Term Trends Will Define the Future of the Roofing Underlayment Market?
Innovations in technology are becoming an increasingly prevalent trend within the roofing underlayment industry. Crucial players in this sector are directing their efforts towards technological novelty to fulfill customer needs and fortify their industry standing. Boral Roofing, an American producer of roofing goods and construction materials, introduced its Sol-R-Skin Blue roofing underlayment emblazoned with special UV shield and anti-glare features. It assists in safeguarding homes against UV radiation and enhances energy conservation courtesy of its heat-reflective barrier aluminum surface and heat-resistant fiberglass mat. Additionally, it boasts properties of waterproofing and insulation.

What Are the Main Segments in the Roofing Underlayment Market?
The roofing underlayment market covered in this report is segmented -

1) By Product: Asphalt-Saturated Felt, Rubberized Asphalt, Non-Bitumen Synthetic
2) By Installation Method: Self-Adhesive, Mechanically Attached
3) By Barrier Property: Water-Resistant, Waterproof
4) By Application: Residential Construction, Commercial, Non-Residential Construction

Subsegments:
1) By Asphalt-Saturated Felt: Organic Felt, Fiberglass Felt
2) By Rubberized Asphalt: Self-Adhering Rubberized Asphalt, Non-Self-Adhering Rubberized Asphalt
3) By Non-Bitumen Synthetic: Polypropylene-Based, Polyethylene-Based

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Which Top Companies are Driving Growth in the Roofing Underlayment Market?
Major companies operating in the roofing underlayment market include DowDuPont, Atlas Roofing Industries Inc., Monier Roofing Pvt Ltd., Carlisle Companies Incorporated, CertainTeed Corporation, GAF Materials Corporation, Owens Corning, Johns Manville, Duro-Last Inc., MFM Building Products Corp., Polyglass USA Inc., TAMKO Building Products Inc., IKO Industries Ltd., VaproShield LLC, Braas Monier Building Group Services GmbH, Grace Construction Products, Soprema Group, Firestone Building Products, Garland Industries Inc., Siplast Inc., Sika AG, Sarnafil Inc., Boral Limited, Mule-Hide Products Co. Inc., Protecto Wrap Company, Rmax Operating LLC, Tarco Roofing Materials Inc., InterWrap Inc., Novia Ltd., Polyguard Products Inc.

Which Regions Will Dominate the Roofing Underlayment Market Through 2029?
Asia-Pacific was the largest region in the roofing underlayment market in 2024. The regions covered in the roofing underlayment market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

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