Global Membrane Roofing Market Opportunities and Forecast for period from 2024 to 2031
The "Membrane Roofing Market" is focused on controlling cost, and improving efficiency. Moreover, the reports offer both the demand and supply aspects of the market. The Membrane Roofing market is expected to grow annually by 4.00% (CAGR 2024 - 2031).
This entire report is of 117 pages.
Membrane Roofing Introduction and its Market Analysis
The Membrane Roofing market research report provides insights into the growing demand for high-performance roofing systems due to their durability, energy efficiency, and resistance to extreme weather conditions. Membrane Roofing is a type of roofing system that consists of a single-ply or multi-ply membrane applied to the roof surface. The target market for Membrane Roofing includes commercial, industrial, and residential buildings. Major factors driving revenue growth in the Membrane Roofing market include increasing construction activities, government regulations promoting sustainable building practices, and a growing emphasis on energy efficiency. Key players in the market include Arcat, GAF, Carlisle SynTec, Sika Sarnafil, CMD Group, Duro-Last Roofing, Inc., IKO Polymeric, DuPont USA. The report's main findings highlight the market's steady growth trajectory and recommend companies to focus on product innovation, strategic partnerships, and market expansion to capitalize on the growing demand for Membrane Roofing systems.
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The Membrane Roofing market is witnessing significant growth, with various types such as Synthetic Rubber, Thermoplastic Membrane, and Modified Bitumen dominating the market. These membranes are widely used in both household and commercial applications due to their durability and weather resistance. The market is segmented based on these applications to meet the diverse needs of consumers.
However, the market is also affected by various regulatory and legal factors. For instance, building codes and regulations set by local authorities can influence the type of membrane used for roofing projects. Additionally, environmental regulations and sustainability initiatives are also becoming important factors in the market. Companies operating in the Membrane Roofing market need to adhere to these regulations to ensure compliance and avoid potential legal issues.
Overall, the Membrane Roofing market is thriving due to the increasing demand for high-quality roofing solutions. With continued advancements in technology and materials, the market is expected to grow further in the coming years. Companies must stay informed about the regulatory and legal factors specific to the market conditions to remain competitive and meet consumer expectations.
Top Featured Companies Dominating the Global Membrane Roofing Market
The membrane roofing market is highly competitive, with key players such as ARCAT, GAF, Carlisle SynTec, Sika Sarnafil, CMD Group, Duro-Last Roofing, Inc., IKO Polymeric, and DuPont USA leading the industry. These companies offer a wide range of membrane roofing products and services catering to various construction and roofing needs.
ARCAT is a leading provider of building product information and resources for architects and contractors. They offer a comprehensive online platform that helps professionals find the right membrane roofing solutions for their projects.
GAF is one of the largest manufacturers of commercial and residential roofing products in North America. They offer a wide range of membrane roofing systems that are known for their high quality and durability.
Carlisle SynTec is a leading manufacturer of single-ply roofing systems, offering a variety of options for commercial and industrial applications. Their membrane roofing products are known for their excellent performance and long-lasting durability.
Sika Sarnafil is a global leader in waterproofing and roofing solutions, providing high-quality membrane roofing systems for various applications. Their products are known for their sustainability and energy efficiency.
CMD Group is a provider of construction data and intelligence, offering valuable insights and resources for construction professionals. They provide information on membrane roofing products and suppliers, helping contractors make informed decisions.
Duro-Last Roofing, Inc. is a leading manufacturer of prefabricated membrane roofing systems, offering customized solutions for commercial and industrial buildings. Their products are known for their ease of installation and high performance.
IKO Polymeric is a major player in the membrane roofing market, offering a wide range of PVC and TPO roofing systems for commercial and residential applications. Their products are known for their durability and weather resistance.
DuPont USA is a diversified global company that offers a variety of building and construction materials, including membrane roofing systems. They provide innovative roofing solutions that help improve energy efficiency and sustainability.
These companies play a crucial role in driving the growth of the membrane roofing market by offering innovative products and solutions, providing valuable resources and information to professionals, and promoting sustainability and energy efficiency in roofing systems.
In terms of sales revenue, GAF reported a revenue of over $3 billion in 2020, while DuPont USA reported a revenue of over $20 billion in the same year. These figures reflect the significant market presence and financial strength of these companies in the membrane roofing industry.
- Arcat
- GAF
- Carlisle SynTec
- Sika Sarnafil
- CMD Group
- Duro-Last Roofing, Inc.
- IKO Polymeric
- DuPont USA
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Membrane Roofing Market Analysis, by Type:
- Synthetic Rubber
- Thermoplastic Membrane
- Modified Bitumen
Synthetic rubber, thermoplastic membrane, and modified bitumen are 3 common types of membrane roofing materials. Synthetic rubber offers excellent durability and flexibility, thermoplastic membrane provides superior resistance to UV rays and chemicals, while modified bitumen offers enhanced performance in extreme temperatures. These advanced materials have boosted the demand for membrane roofing due to their long lifespan, low maintenance requirements, and ability to withstand harsh weather conditions. Additionally, their energy-efficient properties contribute to reducing heating and cooling costs, making them an attractive choice for commercial and residential buildings.
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Membrane Roofing Market Analysis, by Application:
- Household
- Commercial
Membrane roofing is commonly used in both household and commercial applications due to its durability, flexibility, and weather-resistant properties. In households, membrane roofing is often used for flat or low-sloped roofs to prevent water leakage. For commercial buildings, membrane roofing is preferred for its ability to cover large areas efficiently and cost-effectively. The fastest growing application segment in terms of revenue is in the commercial sector, as more businesses are opting for membrane roofing for its long-lasting performance and low maintenance requirements, making it a popular choice for commercial buildings of all sizes.
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Membrane Roofing Industry Growth Analysis, by Geography:
North America:
- United States
- Canada
Europe:
- Germany
- France
- U.K.
- Italy
- Russia
Asia-Pacific:
- China
- Japan
- South Korea
- India
- Australia
- China Taiwan
- Indonesia
- Thailand
- Malaysia
Latin America:
- Mexico
- Brazil
- Argentina Korea
- Colombia
Middle East & Africa:
- Turkey
- Saudi
- Arabia
- UAE
- Korea
The membrane roofing market is expected to witness significant growth in North America, with the United States and Canada leading the way. In Europe, countries like Germany, France, and the United Kingdom are projected to drive market growth. In the Asia-Pacific region, China, Japan, South Korea, and India are expected to dominate the market. Latin America, including Mexico, Brazil, and Argentina, is also anticipated to witness substantial growth. Additionally, the Middle East & Africa region, particularly Turkey, Saudi Arabia, and the UAE, are expected to contribute to market expansion.
According to market research, the Asia-Pacific region is expected to dominate the membrane roofing market with a market share percentage valuation of around 35%. Furthermore, Europe and North America are projected to hold significant market shares of approximately 25% and 20% respectively. Latin America and the Middle East & Africa regions are also expected to have a growing market share of around 10% each. Overall, the global membrane roofing market is anticipated to witness steady growth across all regions.
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