The global Roofing Underlayment Market is projected to witness a growth rate of 3.4% annually from 2023 to 2028, with an anticipated size of US$ 8.9 billion by 2028, according to an analysis by Stratview Research.
Stratview Research, a global market research firm has launched a report on the global Roofing Underlayment Market which provides a comprehensive outlook of the global and regional industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.
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Report Highlights
| Market Size in 2028 (Billion US$) | 8.9 |
| Growth (CAGR) | 3.4% during 2023-2028 |
| Forecast Period | 2023-2028 |
| Trend Period | 2015-2021 |
| Base Year | 2022 |
| Number of Segments Covered | 5 |
| Number of Tables & Graphs | 100+ |
| Country-Level Market Assessment | 20 |
Segment Insights on the Roofing Underlayment Market:
The global Roofing Underlayment Market is segmented based on by material type, end-user type, construction type, installation type, and region.
Based on material type: Among material types, asphalt holds a larger share of the global roof underlayment market; however, it continues to be poised to cede market share to synthetic. Among asphalt types, organic asphalt underlayment holds a larger market share in comparison to fiberglass asphalt underlayment. This is because organic asphalt contains 40% more asphalt than fiberglass, resulting in a thicker and more durable underlayment. However, it is worth noting that fiberglass underlayment is considered more environmentally friendly. Synthetic roof underlayment presents a cutting-edge substitute for traditional asphalt-based underlayment, delivering exceptional durability, moisture resistance, and performance capabilities. Its lightweight nature simplifies the installation process, and its eco-friendly composition adds to its appeal in the market.
Based on the end-user type: The market is segmented into residential construction and commercial construction. Residential construction is anticipated to remain a frontrunner. Sloped roofs, commonly found in residential builds, demand underlayment solutions with specific features to ensure a seamless and effective installation process.
Based on the installation type: The market is segmented into Self-adhesive, and Mechanically Fastened. Self-adhesive underlayment dominates the market, driven by superior moisture or water resistance and enhanced durability, making it a popular choice. Furthermore, ease of installation, increasing demand for waterproof underlayment, and lightweight construction are substantiating the segment’s growth.
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Which Region Shows the Most Promising Growth Forecast and Opportunity?
The analysis suggests that Asia-Pacific is expected to remain the largest market for roof underlayment over the forecast period. This growth outlook is majorly attributed to the following–
- In addition to that, the region is also likely to witness the highest growth in the coming years.
- Major factors, such as increasing construction activities owing to rapid urbanization and industrialization, promising growth in the economy, a shift of manufacturing industries from Western Economies to Asian economies, and mandates of building and energy codes, are driving the growth of the roof underlayment market in the region.
- China, India, South Korea, Japan, and India are the key economies playing a vital role in the region’s market.
Roofing Underlayment Market Drivers:
- Roof underlayment demand is driven by various factors, including aging construction infrastructure, a surge in housing starts, a heightened focus on energy efficiency in buildings, and a growing need for roofing solutions that provide exceptional durability and longevity.
- Underlayment is becoming an essential roofing accessory product across the world.
- Roofing underlayment trends include a strong emphasis on moisture and ice barriers with advanced waterproofing capabilities, a focus on durability and longevity through materials that can withstand harsh weather conditions.
- An increasing demand for energy-efficient underlayment with insulation properties, a growing interest in sustainable options, and installation advancements for eco-friendly and efficient roofing solutions.
Top 10 Companies in the Roofing Underlayment Market:
Stratview Research has identified the following companies as the top market players:
- Owens Corning
- Saint-Gobain
- GAF
- DuPont
- Atlas Roofing
- Carlisle Companies, Inc.
- IKO Group
- Soprema SA
What Deliverables Will You Get in this Report?
| Key questions this report answers | Relevant contents in the report |
| How big is the sales opportunity? | In-depth analysis of the Roofing Underlayment Market |
| How lucrative is the future? | Market forecast and trend data and emerging trends |
| Which regions offer the best sales opportunities? | Global, regional, and country-level historical data and forecasts |
| Which are the most attractive market segments? | Market segment analysis and forecast |
| Who are the top players and their market positioning? | Competitive landscape analysis, Market share analysis |
| How complex is the business environment? | Porter’s five forces analysis, PEST analysis, Life cycle analysis |
| What are the factors affecting the market? | Drivers & challenges |
| Will I get the information on my specific requirements? | 10% free customization |
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About us –
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It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.
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