Self-Adhered Roofing Membranes Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 4.00 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Self-Adhered Roofing Membranes Market Analysis
The market for self-adhered roofing membranes is expected to register a CAGR of around 6% during the forecast period (2022-2027).
The COVID-19 pandemic had a negative impact on the market. However, with the resumption of major construction activities, the market has now reached pre-pandemic levels, and it is expected to grow steadily in the future.
Increasing private construction expenditure in the North American region acts as a driver to the market studied. On the other hand, the low performance of self-adhered roofing membranes in cold weather conditions is expected to act as a restraint.
North America accounted for the highest market share, and it is likely to dominate the market during the forecast period. Asia-Pacific is likely to witness the fastest growth rate during the same period.
The residential construction application is expected to account for the highest market share during the forecast period.
Self-Adhered Roofing Membranes Market Trends
This section covers the major market trends shaping the Self-Adhered Roofing Membranes Market according to our research experts:
Residential Construction is Likely to Dominate the Market
With the rapid technological advancements, the construction infrastructure developments and maintenance activities are increasing, resulting in the replacement of old materials with new ones.
Over the last few years, the demand for new homes in the United States has been increasing consistently, owing to the growing population and rising consumer incomes in the country.
The construction of new private residential buildings in the country has been increasing over the past eight years.
In Canada, various government projects, including the Affordable Housing Initiative (AHI), are set to hugely support the expansion of the sector, thereby driving the market.
Due to all these factors, the demand for self-adhered roofing membranes in residential construction is expected to increase during the forecast period.
North America is Expected to Dominate the Market
The North American region dominated the market share. With the growing construction industry and usage of lightweight and faster construction techniques in countries like the United States, Canada, and Mexico, the demand for self-adhered roofing membranes is increasing in the region.
Residential construction in the United States is projected to have a growth of almost 6%, as there is an increase in single-family housing and multiple-family housing in the country.
Almost 80% of the individuals prefer single-family housing as an end goal, and almost 70% of people are executing this, due to which the number of houses being constructed every year is increasing.
Non-residential construction in the country is expected to observe tremendous growth with President Biden's trillion-dollar green construction plan.
The construction industry in Mexico reached a value of approximately USD 93 billion in 2018. The industry's value was forecasted to increase annually until 2021, amounting to almost
USD 121 billion that year.
Hence, the North American region is likely to dominate the market during the forecast period.
Self-Adhered Roofing Membranes Industry Overview
The self-adhered roofing membranes market is partially consolidated, as the market share is divided among a few key companies. Some of the major players (in no particular order) in the market include Sika AG, GAF, Johns Manville, Firestone Building Products Company LLC, and Owens Corning.
Self-Adhered Roofing Membranes Market Leaders
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Sika AG
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GAF
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Johns Manville
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Owens Corning
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Firestone Building Products Company, LLC
*Disclaimer: Major Players sorted in no particular order
Self-Adhered Roofing Membranes Market News
- In January 2021, LafargeHolcim signed an agreement to acquire Firestone Building Products from Bridgestone Americas. This acquisition is a milestone in LafargeHolcim's transformation to become the global leader in innovative and sustainable building solutions. The estimated cost of this transaction was valued at USD 3.4 billion.
Self-Adhered Roofing Membranes Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
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4.1 Drivers
- 4.1.1 Increasing Private Construction Expenditure in the North American Region
- 4.1.2 Advantages Over Traditional Roofing Membranes
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4.2 Restraints
- 4.2.1 Low Performance in Cold Weather Conditions
- 4.2.2 Other Restraints
- 4.3 Industry Value Chain Analysis
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4.4 Porter's Five Forces Analysis
- 4.4.1 Bargaining Power of Suppliers
- 4.4.2 Bargaining Power of Consumers
- 4.4.3 Threat of New Entrants
- 4.4.4 Threat of Substitute Products and Services
- 4.4.5 Degree of Competition
5. MARKET SEGMENTATION
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5.1 Product Type
- 5.1.1 Thermoplastic Polyolefin (TPO)
- 5.1.2 Ethylene Propylene Diene Monomer (EPDM)
- 5.1.3 Polyvinyl Chloride (PVC)
- 5.1.4 Modified Bitumen (Mod-Bit)
- 5.1.5 Other Product Types
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5.2 Application
- 5.2.1 Residential
- 5.2.2 Commercial
- 5.2.3 Institutional
- 5.2.4 Infrastructural
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5.3 Geography
- 5.3.1 Asia-Pacific
- 5.3.1.1 China
- 5.3.1.2 India
- 5.3.1.3 Japan
- 5.3.1.4 South Korea
- 5.3.1.5 Rest of Asia-Pacific
- 5.3.2 North America
- 5.3.2.1 United States
- 5.3.2.2 Canada
- 5.3.2.3 Mexico
- 5.3.3 Europe
- 5.3.3.1 Germany
- 5.3.3.2 France
- 5.3.3.3 United Kingdom
- 5.3.3.4 Italy
- 5.3.3.5 Rest of Europe
- 5.3.4 South America
- 5.3.4.1 Brazil
- 5.3.4.2 Argentina
- 5.3.4.3 Rest of South America
- 5.3.5 Middle-East and Africa
- 5.3.5.1 Saudi Arabia
- 5.3.5.2 South Africa
- 5.3.5.3 Rest of Middle-East and Africa (MEA)
6. COMPETITIVE LANDSCAPE
- 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
- 6.2 Market Share (%)**/Ranking Analysis
- 6.3 Strategies Adopted by Leading Players
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6.4 Company Profiles
- 6.4.1 APOC
- 6.4.2 Carlisle SynTec Systems
- 6.4.3 Firestone Building Products Company LLC
- 6.4.4 GAF
- 6.4.5 Henry Company
- 6.4.6 Icopal Ltd (BMI Group)
- 6.4.7 Johns Manville
- 6.4.8 Owens Corning
- 6.4.9 Sika AG
- 6.4.10 Soprema Inc.
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
- 7.1 Growing Usage in the Asia-Pacific Region
- 7.2 Other Opportunities
Self-Adhered Roofing Membranes Industry Segmentation
Self-adhered roofing membranes are majorly used in residential constructions, such as single and multi-family homes, condominiums, and townhouses, for effective and efficient roofing. The self-adhered roofing membranes market report includes segmentation by product type, application, and geography. By product type, the market segmentation includes thermoplastic polyolefin, ethylene propylene diene monomer, polyvinyl chloride, modified bitumen, and other product types. In terms of application, the market segments are residential, commercial, institutional, and infrastructural. The report also covers the market sizes and forecasts in 15 countries across the major regions. The report offers market sizes and forecasts for self-adhered roofing membranes in terms of revenue (USD million) for all the above segments.
| Product Type | Thermoplastic Polyolefin (TPO) | |
| Ethylene Propylene Diene Monomer (EPDM) | ||
| Polyvinyl Chloride (PVC) | ||
| Modified Bitumen (Mod-Bit) | ||
| Other Product Types | ||
| Application | Residential | |
| Commercial | ||
| Institutional | ||
| Infrastructural | ||
| Geography | Asia-Pacific | China |
| India | ||
| Japan | ||
| South Korea | ||
| Rest of Asia-Pacific | ||
| Geography | North America | United States |
| Canada | ||
| Mexico | ||
| Geography | Europe | Germany |
| France | ||
| United Kingdom | ||
| Italy | ||
| Rest of Europe | ||
| Geography | South America | Brazil |
| Argentina | ||
| Rest of South America | ||
| Geography | Middle-East and Africa | Saudi Arabia |
| South Africa | ||
| Rest of Middle-East and Africa (MEA) |
Self-Adhered Roofing Membranes Market Research FAQs
What is the current Self-adhered Roofing Membranes Market size?
The Self-adhered Roofing Membranes Market is projected to register a CAGR of greater than 4% during the forecast period (2024-2029)
Who are the key players in Self-adhered Roofing Membranes Market?
Sika AG, GAF, Johns Manville, Owens Corning and Firestone Building Products Company, LLC are the major companies operating in the Self-adhered Roofing Membranes Market.
Which is the fastest growing region in Self-adhered Roofing Membranes Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Self-adhered Roofing Membranes Market?
In 2024, the North America accounts for the largest market share in Self-adhered Roofing Membranes Market.
What years does this Self-adhered Roofing Membranes Market cover?
The report covers the Self-adhered Roofing Membranes Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Self-adhered Roofing Membranes Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Self-adhered Roofing Membranes Industry Report
Statistics for the 2024 Self-adhered Roofing Membranes market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Self-adhered Roofing Membranes analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
