A
new research report by Transparency Market Research offers a
comprehensive evaluation of the global Roofing
Membranes
Market. The
study, titled “Roofing
Membranes Market - Global Industry Analysis, Size, Share, Growth,
Trends and Forecast 2016 - 2024”,
is available for sale on the firm’s website.
A
roofing membrane is a type of roofing system for buildings and tanks.
In the covering of the large-area roofs of commercial and industrial
buildings and for renovation projects, thermoplastic polyolefin
membranes offer considerable advantages. The roofing membranes market
is segmented into types, application, and geography. On the basis of
types, the market is segregated into modified bitumen, polyvinyl
chloride (PVC), thermoplastic polyolefin (TPO), and ethylene
propylene diene monomer (EPDM). The growth of construction activity
in emerging countries is a key factor expected to propel the growth
of the market during the forecast period. In addition, the recent
increase in per capita income in emerging economies is expected to
augment the adoption of technologically upgraded products over the
forecast period. Thermoplastic polyolefin roofing membranes are the
fastest-growing commercial roofing membrane segment and have gained
the wide acceptance in different industries for their installation
advantages at competitive prices and ability to offer good
performance for a longer period of time.
Browse
Market Research Report @
Other
benefits of thermoplastic polyolefin roofing membranes are
recyclability, flexibility, durability, eco-friendly chemistry, heat
resistance, lower labor requirement, and low installation costs for
efficient roofing systems. On the basis of application, the market
has been segregated into commercial roofing (hotels, malls, offices,
factories, public outlets, and educational institutes) and
residential roofing. Increasing demand for cost-effective roofing
membranes is expected to create an area of opportunity for the growth
of the market over the forecast period. Moreover, local manufacturers
are introducing newer products to capitalize on the people’s
increasing purchasing power.
Geographically,
the roofing membranes market is segmented into North America, Europe,
Asia Pacific, Middle East and Africa (MEA), and Latin America. All
these regions are seeing an rising demand for roofing membranes due
to increasing governmental investments on account of infrastructural
developments. North America dominated the global demand for roofing
membranes in 2015 in terms of revenue. The U.S. and Canada are
anticipated to experience rapid growth, propelling the usage of
roofing membranes in North America. Rapid industrialization and
growing construction activities are expected to drive the demand for
roofing membranes in this region. Furthermore, developing regions
continue to garner a considerable share of the global roofing
membranes market, creating huge opportunities for market players.
Asian countries like India, China, and Japan have witnessed an
increase in the demand for roofing membranes. Moreover, Middle
Eastern countries such as Qatar, Turkey, and Saudi Arabia will
contribute to the growth of the market due to the growing demand for
roofing membranes.
The
global roofing membranes market is highly competitive due to the
presence of both large-scale and small-scale vendors. These companies
have been investing considerable capital in R&D in order to
expand their production capabilities and to meet growing market
demand. Since all the major vendors compete with one another to gain
maximum market shares, the competitive environment in the market is
rather fierce. These vendors compete in terms of product
differentiation, price, product innovation, product distribution, and
promotion. Competition in the market will intensify further with the
emergence of more players. Technological upgrades will lead to the
entry of a large number of new players who engage in single- and
multi-dealer platforms. This leads to higher levels of competition
among existing players. To survive in this competitive market and to
gain success, it is crucial for manufacturers to distinguish their
products and services through a unique and clear value proposition.
Get
accurate market forecast and analysis on the Roofing Membranes
market. Request a sample to stay abreast on the key trends impacting
this market@
Some
of the key players actively present in the roofing membranes market
are Carlisle Companies Inc., Sika AG, The Dow Chemical Company,
Soprema Group, Firestone Building Products Company, LLC, BASF SE, GSE
Environmental, Johns Manville, and GAF Materials Corporation.
The
report offers a comprehensive evaluation of the market. It does so
via in-depth qualitative insights, historical data, and verifiable
projections about market size. The projections featured in the report
have been derived using proven research methodologies and
assumptions. By doing so, the research report serves as a repository
of analysis and information for every facet of the market, including
but not limited to: Regional markets, technology, types, and
applications.
The
study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The
regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
About
Us
Transparency
Market Research (TMR) is a market intelligence company, providing
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of quantitative forecasting and trends analysis provides
forward-looking insight for thousands of decision makers. TMR's
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proprietary data sources and various tools and techniques to gather
and analyze information.
Our
data repository is continuously updated and revised by a team of
research experts, so that it always reflects the latest trends and
information. With a broad research and analysis capability,
Transparency Market Research employs rigorous primary and secondary
research techniques in developing distinctive data sets and research
material for business reports.
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