Roofing Underlayment Market – Growth, Future Prospects and Competitive Analysis, 2017 – 2025, the global roofing underlayment market was valued at US$ 28,989.9 Mn in 2017, and is expected to each US$ 44,490.5 Mn by 2025, expanding at a CAGR of 5.5% from 2017 to 2025.
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The global roofing underlayment market has witnessed a significant rise in strategic mergers and collaborations among roofing underlayment manufacturers. Such growth strategies are focused at augmenting their service portfolio.
The demand for a variety of roofing underlying materials has started gaining strength. However, the market is on the brisk of a huge alteration as emerging economies such as Asia Pacific and Latin America are imposing most influential positions in the market. The booming construction sector and a constant rise in new construction activities in these emerging economies are mostly to be ascribed for the excellent growth prospects for roofing underlying materials in the regions. In North America and Europe, on the other hand, demand is mostly stimulated by refurbishing and maintenance activities.
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The non-residential sector is presently the largest contributor to the global roofing underlying materials market, accounting for a share of nearly 44% in the global market. The segment growth is expected to slow down to the residential sector with a slight decline in its overall share in the global market in 2025. Demand for a variety of roofing underlying materials in the commercial sector will be driven largely by continuous rise in replacement and maintenance activities post the recent economic downturn. Stabilizing economies are enabling the commercial sector to take up previously deferred replacement projects.
Asia Pacific held a dominant share of nearly 41% in the global roofing underlying materials market in 2016, mainly owing to the booming construction industry and constantly rising numbers of new homeowners in urban parts of the region. The market for roofing underlying materials is also expected to expand at the fastest pace in Asia Pacific as compared to other regional markets. In Latin America and the Middle East and Africa, the markets for roofing underlying materials will show strong growth and will benefit the most from developments in the residential construction sector.
Chapter 1. Preface
1.1. Report Scope and Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key offerings
1.2. Report Scope
1.3. Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Phase III – Expert Panel Review
Chapter 2. Executive Summary
2.1. Global Roofing Underlayment Market
2.1.1. Global Roofing Underlayment Market, by Product Type, 2016
2.1.2. Global Roofing Underlayment Market, by Application, 2016
2.1.3. Global Roofing Underlayment Market, by Geography, 2016
Chapter 3. Global Roofing Underlayment Market: Dynamics and Outlook
3.1. Global Roofing Underlayment Market Overview
3.1.1. Market Dynamics
22.214.171.124 Booming construction sector and a constant rise in new construction activities in emerging economies
126.96.36.199 For a full, detailed list, view our report
188.8.131.52 Risk of installation failure
184.108.40.206 For a full, detailed list, view our report
220.127.116.11 Threat from novel synthetic underlayment
18.104.22.168 For a full, detailed list, view our report
3.2. Attractive Investment Proposition by Geography
3.3. Competitive Landscape of Key Players in Global Roofing Underlayment Market.
Chapter 4. Global Roofing Underlayment Market, by Product Type, 2015 – 2025 (Mn square meter and US$ Mn)
4.1. Asphalt-saturated felt
4.2. Rubberized asphalt
4.3. Non-bitumen synthetic
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