North America Single-ply Membrane Market Size (2024 - 2029)

The North American single-ply membrane market is poised for growth, driven by the recovering construction industry and technological advancements, despite challenges such as labor shortages. The market's expansion is supported by new government regulations and a shift towards sustainable building materials, which offer promising opportunities. The United States leads the region in market share, reflecting significant demand for single-ply membranes.

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Market Size of North America Single-ply Membrane Industry

North America Single-ply Membrane Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 4.00 %
Market Concentration High

Major Players

North America Single-ply Membrane Market Major Players

*Disclaimer: Major Players sorted in no particular order

North America Single-ply Membrane Market Analysis

The North American single-ply membrane market is expected to reach 347.41 million square meters by the end of this year. It is projected to register a CAGR of over 4% during the forecast period.

The disruption of various construction activities in 2020, owing to COVID-19, slowed the market growth for single-ply membranes. The supply chain disruption and labor shortage for ongoing construction projects had an impact on the expansion of the market. The market for the single-ply membrane returned to normal conditions in curbing the spread of the virus and is expected to benefit the market expansion during the forecast period in light of the new government regulations and the reopening of various sectors.

  • Over the medium term, the major factors driving the market are the growing construction industry, and innovations in technology, along with rising demand for eco-friendly roofing.
  • On the flip side, a shortage of skilled labor in the construction sector is the key factor anticipated to restrain the growth of the target industry over the forecast period.
  • Nevertheless, rising emphasis on the use of sustainable building materials is likely to create lucrative growth opportunities in the studied market.
  • The United States dominated the market across North America with the most substantial usage of single-ply membranes.

North America Single-ply Membrane Industry Segmentation

Single-ply membranes are sheets of rubber and other synthetics that can be ballasted or chemically adhered to insulation to create a layer of protection for a commercial facility. 

The North American single-ply membrane market is segmented by type, end-user industry, and geography. By type, the market is segmented into ethylene propylene diene monomer (EPDM), thermoplastic polyolefin (TPO), polyvinyl chloride (PVC), modified bitumen, and Other types. By end-user industry, the market is segmented into residential, commercial, industrial and institutional, and infrastructure. The report also covers the market size and forecasts for the North American single-ply membrane market in three countries across the region. For each segment, the market sizing and forecasts have been done based on volume (million square meters).

Type
Ethylene Propylene Diene Monomer (EPDM)
Thermoplastic Polyolefin (TPO)
Polyvinyl Chloride (PVC)
Modified Bitumen
Other Types (Chlorinated Polyethylene (CPE), Chlorosulfonate-Polyethylene (CSPE), Polyisobutylene (PIB), Neoprene (CR))
End-use Industry
Residential
Commercial
Industrial and Institutional
Infrastructure
Geography
North America
United States
Canada
Mexico
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North America Single-ply Membrane Market Size Summary

The North American single-ply membrane market is poised for growth, driven by the resurgence of construction activities following the disruptions caused by the COVID-19 pandemic. The market is benefiting from the reopening of sectors and the implementation of new government regulations, which are expected to bolster demand. Key drivers include the expanding construction industry, technological innovations, and a rising preference for eco-friendly roofing solutions. However, the market faces challenges such as a shortage of skilled labor, which could impede growth. Despite these challenges, the increasing focus on sustainable building materials presents significant opportunities for market expansion. The United States leads the market in North America, with substantial usage of single-ply membranes in various infrastructural projects.

Single-ply membranes are integral to infrastructural construction, offering benefits such as weatherproofing, waterproofing, and UV protection. Thermoplastic polyolefin (TPO) and polyvinyl chloride (PVC) membranes are particularly notable for their reflective properties and resistance to microbial growth, respectively. The market is further supported by increased investments in infrastructure projects across North America, including major developments like stadiums and airports. The United States, with its robust construction industry, is a significant contributor to market growth, driven by both new constructions and renovations. The market is consolidated, with major players like Carlisle Construction Materials and Kingspan Group dominating production. Recent expansions and innovations by these companies are expected to enhance production capacity and efficiency, further fueling market growth.

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North America Single-ply Membrane Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Drivers

      1. 1.1.1 The Rise in the Construction Industry and Innovations in Technology

      2. 1.1.2 Rising demand for Eco-friendly Roofing

    2. 1.2 Restraints

      1. 1.2.1 Shortage of Skilled Labor in the Construction Sector

    3. 1.3 Industry Value-Chain Analysis

    4. 1.4 Porter's Five Forces Analysis

      1. 1.4.1 Bargaining Power of Suppliers

      2. 1.4.2 Bargaining Power of Buyers

      3. 1.4.3 Threat of New Entrants

      4. 1.4.4 Threat of Substitute Products and Services

      5. 1.4.5 Degree of Competition

  2. 2. MARKET SEGMENTATION (Market Size in Revenue)

    1. 2.1 Type

      1. 2.1.1 Ethylene Propylene Diene Monomer (EPDM)

      2. 2.1.2 Thermoplastic Polyolefin (TPO)

      3. 2.1.3 Polyvinyl Chloride (PVC)

      4. 2.1.4 Modified Bitumen

      5. 2.1.5 Other Types (Chlorinated Polyethylene (CPE), Chlorosulfonate-Polyethylene (CSPE), Polyisobutylene (PIB), Neoprene (CR))

    2. 2.2 End-use Industry

      1. 2.2.1 Residential

      2. 2.2.2 Commercial

      3. 2.2.3 Industrial and Institutional

      4. 2.2.4 Infrastructure

    3. 2.3 Geography

      1. 2.3.1 North America

        1. 2.3.1.1 United States

        2. 2.3.1.2 Canada

        3. 2.3.1.3 Mexico

North America Single-ply Membrane Market Size FAQs

The North America Single-ply Membrane Market is projected to register a CAGR of greater than 4% during the forecast period (2024-2029)

Carlisle Construction Materials , Kingspan Group, Standard Industries Inc., DOW and IKO Industries, Inc. are the major companies operating in the North America Single-ply Membrane Market.

North America Single-ply Membrane Report Snapshots

North America Single-ply Membrane Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)