Global Roofing Underlayment Market

Roofing Underlayment Market Size, Share, Growth Analysis, By Type(Asphalt-saturated Felt, Rubberized Asphalt, Non-bitumen Synthetic), By Application(Residential, Commercial, Others), By Region(North America, Europe, Asia-Pacific, Latin America), By Region - Industry Forecast 2024-2031

Report ID: SQMIG20C2083 | Region: Global | Published Date: February, 2024
Pages: 202 | Tables: 92 | Figures: 76

Roofing Underlayment Market Regional Insights

North America accounts for the largest share of the global roofing underlayment market. Increasing demand for sustainable roofing solutions is leading market growth in this region. The rising availability of high-performance roofing underlayments in this region is also contributing to its dominance. High residential construction activity is what makes the United States a lucrative market for roofing underlayment suppliers in this region.

Demand for roofing underlayments in the Asia Pacific region is predicted to rise at the fastest CAGR of all regions in the world. The expanding population base, rising demand for housing solutions, and increasing urbanization are factors that are forecasted to drive roofing underlayment demand outlook in this region. High investments in infrastructure development coupled with a rising focus on sustainability also create new opportunities for roofing underlayment suppliers in this region going forward. Rising awareness regarding the benefits of roofing underlayment for protection against extreme weather also promotes market growth. China, India, Indonesia, and Japan are slated to be top markets in this region.

$5,300
BUY NOW GET FREE SAMPLE
Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.

REQUEST FREE CUSTOMIZATION

FAQs

Roofing Underlayment market size was valued at USD 26.60 billion in 2022 and is poised to grow from USD 28.11 billion in 2023 to USD 42.88 billion by 2031, at a CAGR of 5.42% during the forecast period (2024-2031).

Established as well as new roofing underlayment companies are engaged in an intense battle to improve their market share and boost sales, which points towards a highly competitive marketplace. Roofing underlayment manufacturers are continually investing in the research and development of novel underlayment materials to enhance the performance of their roof underlayment products and cater the diverse consumer requirements. Expansion of distribution networks is also projected to be of high importance for roofing underlayment vendors in the future. 'GAF Materials Corporation (US)', 'Tarco (US)', 'Dow Chemical Company (US)', 'Grace Construction Products (US)', 'IKO Industries Ltd. (Canada)', 'Johns Manville (US)', 'Atlas Roofing Corporation (US)', 'CertainTeed Corporation (US)', 'Owens Corning (US)', 'Advanced Building Products (US)', 'Polyglass USA, Inc. (US)', 'Firestone Building Products (US)', 'Tamko Building Products LLC (US)', 'Sika Sarnafil (Switzerland)', 'DuPont Building Innovations (US)', 'Protecto Wrap Company (US)', 'Henry Company LLC (US)', 'Carlisle SynTec Systems (US)', 'Simpson Strong-Tie Company Inc. (US)', 'Malarkey Roofing Products (US)'

The imminent threat of climate change is bolstering focus on sustainability on a global level and this is projected to directly favor demand for roofing underlayment as it helps in improving the energy efficiency of different structures. Roofing underlayment also complies with strict environmental regulations that are imposed by governments around the world to reduce the carbon footprint of the construction industry thereby driving market growth. The superior thermal performance of advanced roofing underlayment also contributes to their high demand.

Development of innovative materials: The global roofing underlayment market is expected to witness higher growth opportunities owing to the increasing development of new and innovative roofing underlayment materials. Some examples include bio-based or recycled materials and this could lead to higher revenue during the forecast period as companies may find ways of mitigating the problems arising due to fluctuating prices of petroleum. In addition to this, the growing demand for eco-friendly products could assist in greater chances of higher growth if companies can develop sustainable materials for roofing underlayment.

North America accounts for the largest share of the global roofing underlayment market. Increasing demand for sustainable roofing solutions is leading market growth in this region. The rising availability of high-performance roofing underlayments in this region is also contributing to its dominance. High residential construction activity is what makes the United States a lucrative market for roofing underlayment suppliers in this region.

Request Free Customization

Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.

Click here right-arrow
logo-images

Related Reports

Roofing Materials Market
Buy Now GET FREE SAMPLE
Roofing Tiles Market
Buy Now GET FREE SAMPLE
Metal Roofing Market
Buy Now GET FREE SAMPLE
Cool Roof Coatings Market
Buy Now GET FREE SAMPLE
Green Roof Market
Buy Now GET FREE SAMPLE
Ceiling Tiles Market
Buy Now GET FREE SAMPLE
Automotive Headliners Market
Buy Now GET FREE SAMPLE
Cross Laminated Timber Market
Buy Now GET FREE SAMPLE

Feedback From Our Clients

Global Roofing Underlayment Market

Report ID: SQMIG20C2083

$5,300
BUY NOW GET FREE SAMPLE