Insights into Synthetic Roofing Underlayment Market Share and Competitive Landscape for period from 2024 to 2031
The "Synthetic Roofing Underlayment Market" is focused on controlling cost, and improving efficiency. Moreover, the reports offer both the demand and supply aspects of the market. The Synthetic Roofing Underlayment market is expected to grow annually by 13.7% (CAGR 2024 - 2031).
This entire report is of 130 pages.
Synthetic Roofing Underlayment Introduction and its Market Analysis
The Synthetic Roofing Underlayment market research report provides insights into the growing demand for durable, weather-resistant roofing materials. Synthetic roofing underlayment is a high-performance alternative to traditional felt underlayment, offering enhanced protection against water infiltration and UV exposure. The target market for synthetic roofing underlayment includes residential and commercial construction projects. Major factors driving revenue growth in the market include the increasing prevalence of severe weather events, rising construction activity, and the preference for eco-friendly building materials. Key players in the market include InterWrap, Atlas, TARCO, Polyglass, Alpha ProTech, KPNE, Thermakraft, BLOK-LOK, Epilay, and Owens Corning. The report's findings highlight the market's potential for expansion and recommend strategies for companies to capitalize on this growth opportunity.
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The global Synthetic Roofing Underlayment market is segmented based on type into Asphalt-saturated felt, Rubberized asphalt, Non-bitumen synthetic, and Others. It is also segmented based on application into Commercial Use and Household Use.
Regulatory and legal factors specific to the market conditions include compliance with building codes, environmental regulations, and safety standards. Manufacturers must ensure their products meet these requirements to ensure quality and reliability. Additionally, market players should stay informed about any changes in regulations that could impact the sale and distribution of Synthetic Roofing Underlayment products.
In conclusion, the Synthetic Roofing Underlayment market offers a variety of options for consumers based on their specific needs and preferences. It is essential for manufacturers to adhere to regulatory and legal factors to maintain the integrity of their products and sustain market growth. By understanding these factors, companies can navigate the market successfully and provide high-quality solutions for commercial and household use.
Top Featured Companies Dominating the Global Synthetic Roofing Underlayment Market
The synthetic roofing underlayment market is highly competitive with key players including InterWrap, Atlas Roofing Corporation, TARCO, Polyglass, Alpha ProTech, KPNE, Thermakraft, BLOK-LOK, Epilay, and Owens Corning. These companies offer a range of products such as synthetic underlayments made from materials like polypropylene and polyethylene, which provide superior protection against water infiltration and UV exposure compared to traditional felt underlayments.
InterWrap, one of the leading players in the market, offers a range of synthetic underlayment products under the brand name Titanium®. Atlas Roofing Corporation offers Summit® 60 synthetic underlayment known for its strength and durability. TARCO provides high-quality synthetic underlayments such as LeakBarrier® EasyLay™ UDL Plus. Other players like Polyglass, Alpha ProTech, KPNE, Thermakraft, BLOK-LOK, Epilay, and Owens Corning also offer innovative synthetic underlayment products to cater to the growing demand in the market.
These companies play a key role in growing the synthetic roofing underlayment market by investing in research and development to improve product performance and meet customer demands. They also engage in strategic partnerships, acquisitions, and collaborations to expand their market presence and reach new customers.
In terms of sales revenue, Owens Corning, a major player in the market, reported sales of $ billion in 2020. InterWrap is estimated to have annual sales revenue of around $200 million, while Atlas Roofing Corporation reported sales of $1.3 billion in 2019. These figures demonstrate the significant market presence and growth potential of companies operating in the synthetic roofing underlayment market.
- InterWrap
- Atlas
- TARCO
- Polyglass
- Alpha ProTech
- KPNE
- Thermakraft
- BLOK-LOK
- Epilay
- Owens Corning
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Synthetic Roofing Underlayment Market Analysis, by Type:
- Asphalt-saturated felt
- Rubberized asphalt
- Non-bitumen synthetic
- Others
Asphalt-saturated felt is a traditional and cost-effective option for synthetic roofing underlayment, while rubberized asphalt offers enhanced durability and moisture resistance. Non-bitumen synthetic materials like polypropylene and polyester provide lightweight and high-performance alternatives. Other types include polyethylene-based underlayments with weatherproof and vapor-permeable properties. The variety of options in synthetic roofing underlayment meet the diverse needs of consumers, builders, and contractors, thereby boosting the demand in the market. They offer superior protection against water infiltration, UV rays, and extreme weather conditions, ensuring longer-lasting roofs and reduced maintenance costs. This versatility and performance drive the growth of the synthetic roofing underlayment market.
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Synthetic Roofing Underlayment Market Analysis, by Application:
- Commercial Use
- Household Use
Synthetic roofing underlayment is commonly used in both commercial and household applications. In commercial use, it provides a durable and protective layer for large-scale roofing projects, while in household use it offers a cost-effective and efficient solution for residential roofs. This underlayment is applied before the installation of shingles or tiles, providing a waterproof barrier against moisture and leakage. The fastest growing application segment in terms of revenue is in commercial use, due to the increasing demand for high-performance roofing materials in larger scale construction projects.
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Synthetic Roofing Underlayment Industry Growth Analysis, by Geography:
North America:
- United States
- Canada
Europe:
- Germany
- France
- U.K.
- Italy
- Russia
Asia-Pacific:
- China
- Japan
- South Korea
- India
- Australia
- China Taiwan
- Indonesia
- Thailand
- Malaysia
Latin America:
- Mexico
- Brazil
- Argentina Korea
- Colombia
Middle East & Africa:
- Turkey
- Saudi
- Arabia
- UAE
- Korea
The synthetic roofing underlayment market is experiencing significant growth in various regions. In North America, the United States and Canada are witnessing a steady increase in the adoption of synthetic roofing underlayment. In Europe, Germany, France, the ., Italy, and Russia are driving market growth. Asia-Pacific countries such as China, Japan, South Korea, India, Australia, Indonesia, Thailand, and Malaysia are also contributing to the market expansion. Latin America, including Mexico, Brazil, Argentina, and Colombia, is showing promising growth. In the Middle East & Africa, Turkey, Saudi Arabia, and UAE are key players in the market.
Asia-Pacific is expected to dominate the synthetic roofing underlayment market with a market share of around 40%. Europe and North America are projected to follow, with market shares of 30% and 20% respectively. Latin America and the Middle East & Africa are anticipated to have smaller market shares of around 5% each. Overall, the global synthetic roofing underlayment market is forecasted to witness substantial growth across all regions, with Asia-Pacific leading the way.
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