Roofing Membranes Market Size, Share, Industry Trends and Forecast to 2033
This report provides an in-depth analysis of the Roofing Membranes market from 2023 to 2033, covering market size, growth trends, and key insights across various regions and market segments.
| Metric | Value |
|---|---|
| Study Period | 2023 - 2033 |
| 2023 Market Size | $15.00 Billion |
| CAGR (2023-2033) | 5.2% |
| 2033 Market Size | $25.18 Billion |
| Top Companies | GAF Materials Corporation, Sika AG, Firestone Building Products, Carlisle Companies Incorporated, BASF SE |
| Last Modified Date | 15 Nov 2024 |
Roofing Membranes Market Report (2023 - 2033)
Roofing Membranes Market Overview
What is the Market Size & CAGR of the Roofing Membranes market in 2023?
Roofing Membranes Industry Analysis
Roofing Membranes Market Segmentation and Scope
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Roofing Membranes Market Analysis Report by Region
Europe Roofing Membranes Market Report:
In Europe, the market size is projected to expand from $3.81 billion in 2023 to $6.40 billion by 2033. The emphasis on sustainability and energy-efficient building designs is boosting the adoption of advanced roofing membranes.Asia Pacific Roofing Membranes Market Report:
In the Asia-Pacific region, the Roofing Membranes market is projected to grow from $2.94 billion in 2023 to $4.94 billion by 2033. The expansion is driven by urbanization, with countries like China and India leading in construction activities.North America Roofing Membranes Market Report:
North America is anticipated to see a rise from $5.64 billion in 2023 to $9.47 billion by 2033, driven by a robust recovery in the construction sector and strict building codes emphasizing roofing quality.South America Roofing Membranes Market Report:
South America's market is expected to grow from $1.23 billion in 2023 to $2.06 billion in 2033. This growth is bolstered by increasing infrastructure projects and a rising preference for durable roofing materials.Middle East & Africa Roofing Membranes Market Report:
The Middle East and Africa market is set to grow from $1.38 billion in 2023 to $2.32 billion by 2033, propelled by rapid urbanization and significant investment in infrastructure development.Request a custom research report for industry.
Roofing Membranes Market Analysis By Type
Global Roofing Membranes Market, By Type Market Analysis (2023 - 2033)
The market is segmented into thermoplastic membranes, thermosetting membranes, and liquid-applied membranes. Thermoplastic membranes dominate with a market size of $9.14 billion in 2023, increasing to $15.34 billion by 2033. Their flexibility and recyclability offer significant advantages. Thermosetting membranes follow with $3.66 billion in 2023 (projected $6.14 billion by 2033), known for their durability. Liquid-applied membranes total $2.21 billion for 2023, forecast to reach $3.70 billion by 2033, preferred for their ease of application and adaptability to complex shapes.
Roofing Membranes Market Analysis By Application
Global Roofing Membranes Market, By Application Market Analysis (2023 - 2033)
Applications of roofing membranes are categorized into residential, commercial, industrial, and public works. Residential applications lead the market with $7.77 billion in 2023, expected to grow to $13.05 billion by 2033, driven by increasing home improvement projects. Commercial applications comprise $3.57 billion in 2023, projected to reach $6.00 billion as more businesses adopt durable roofing solutions. The industrial segment is valued at $2.13 billion and projected to reach $3.58 billion, while public works will grow from $2.13 billion to $3.58 billion, as government projects seek long-lasting roofing solutions.
Roofing Membranes Market Analysis By Installation Method
Global Roofing Membranes Market, By Installation Method Market Analysis (2023 - 2033)
Installation methods include fully adhered, mechanically fastened, and self-adhering. Fully adhered membranes lead the segment, with a market size of $9.14 billion in 2023, increasing to $15.34 billion by 2033, favored for their watertight performance. Mechanically fastened methods currently stand at $3.66 billion (projecting to $6.14 billion) while self-adhering methods show promise with $2.21 billion in 2023, growing to $3.70 billion, known for their ease of application particularly in DIY projects.
Roofing Membranes Market Analysis By End User
Global Roofing Membranes Market, By End-User Industry Market Analysis (2023 - 2033)
The roofing membranes market serves various end-users including residential, commercial, industrial, and governmental segments. The residential sector holds substantial market share at $7.77 billion (51.83% share) in 2023, with a projected growth to $13.05 billion (51.83% share) by 2033. Commercial end-users account for $3.57 billion in 2023, expected to reach $6.00 billion (23.82% share). The industrial sector is anticipated to see growth from $2.13 billion (14.21% share) to $3.58 billion, while governmental projects will increase from $2.13 billion to $3.58 billion (14.21% share).
Roofing Membranes Market Trends and Future Forecast
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Global Market Leaders and Top Companies in Roofing Membranes Industry
GAF Materials Corporation:
One of the largest roofing manufacturers in North America, GAF specializes in commercial and residential roofing products and solutions.Sika AG:
A global leader in specialty chemicals, Sika offers innovative solutions in roofing and waterproofing systems, focusing on sustainability.Firestone Building Products:
Known for high-quality roofing systems, Firestone provides a range of solutions including EPDM membranes and insulation products.Carlisle Companies Incorporated:
Carlisle is a leading manufacturer of roofing membranes, focusing on high-performance products for commercial applications.BASF SE:
BASF provides a wide array of building materials including roofing membranes, with a strong emphasis on innovation and sustainable development.We're grateful to work with incredible clients.
