The Global Elastomeric Membrane Roofing Market size is projected to grow from $1.4 billion in 2021 to hit $X.X billion by 2028, increasing at a compound annual growth rate of 3.6% during the forecast period. With an aging population and growing middle class across the globe, there is a huge demand for affordable housing which has led to increased investments in this market segment globally over the past few years.
Elastomeric membrane roofing is a type of waterproof and weather-resistant top coating for flat roofs. It can be applied to traditional, metal, or built-up asphalt roofs as an extra layer that creates high resistance against rainwater penetration. Elastomeric membranes are composed of polymer materials that expand when they come into contact with water in order to prevent leaks from penetrating through the surface. The main benefits of elastomeric membrane roofing systems are their low cost, ease of installation, and long life span which make them highly desirable among commercial property owners around the world.
On the basis of Type, the global elastomeric membrane roofing market is segmented into Sheet and Liquid Applied.
The sheet type of elastomeric membrane roofing is made by pieces of fabric that are joined together using heat welding and a chemical bonding process. The sheets have an average thickness between 0.002 inches-0.003 inches, making this the most common form used in residential roofs today. The sheets are then cut to size using a special blade made specifically for cutting these materials, which guarantees that they will not tear when being installed or removed from an existing roof. The thin nature of sheet-type membranes allows them to be used on more difficult surfaces like steep roofs where other types might not work because it is too costly to install additional support structures beneath the membrane. Sheet-types also have a VOC content lower than most liquid-applied elastomeric products (less than 50 g/l). When compared with polyvinyl chloride (PVC), many people find this material much easier and safer as well as less expensive to buy and maintain over time.
Liquid Applied Elastomeric Membrane Roofing is a type of elastomeric membrane roofing that is applied onto the existing roof. It can be used to patch small roofs, but it cannot cover large areas because of its limited size and thickness. Liquid-applied elastomeric membranes are often seen as an affordable solution for residential areas with leaks and stains on their roofs. Liquid applied roofing is obtained by spraying the liquid elastomeric material onto a sheet of fabric or metal. The product can either be sprayed on to provide a smooth and even surface or in patterns such as ridges to create shadows that reduce glare.
On the basis of Application, the global elastomeric membrane roofing market is segmented into Residential, Commercial, Industrial.
Elastomeric membrane roofing is primarily used in residential applications. The elastomeric membrane applied to a house's waterproofed plywood deck serves as the "roof" of the building, protecting it from rain and other weather conditions such as hail or snow. Elastomeric membrane roofs are usually designed with standing seams that overlap one another for additional strength and durability. In addition, when there is sun exposure on an elastomeric membrane roof that has been installed correctly, heat will be able to escape through convection and radiation thereby lowering cooling costs for homeowners during summer months. This type of insulation also reduces noise pollution because it doesn't allow sound waves to penetrate into the home.
Elastomeric membrane roofing is used in commercial buildings and industrial settings. Commercial usage (such as a manufacturing warehouse) might call for an elastomeric material that can withstand heavy rain, large temperature fluctuations, and constant exposure to chemicals. It is used to protect the interior space of buildings and other structures from external elements. Elastomers are flexible materials that form a seal around gaps between two surfaces, such as windows or doors. They also provide soundproofing for enclosed spaces.
In industrial applications, elastomeric membranes may be used for watertight roofs on machinery and tanks, concrete containment walls, floors over excavations in mines, etc., where elastic properties ensure against leakage regardless of ground movement or other loads. Industrial elastomeric membranes are also used for vapor barriers and to cover steel frameworks. They are applied above the roofing felt paper, as a protective layer against the sun’s ultraviolet rays that can damage the material beneath it. Industrial rubber roofs have been found to be resistant not only to water but also salt spray from nearby oceans or seaside locations. Industrial applications may need resistance against extreme heat or cold but not harsh weather conditions; durability under different types of traffic from forklifts to pedestrians; compatibility with other building materials such as metal sheeting or asphalt shingle roofs.
On the basis of Region, the global elastomeric membrane roofing market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The North American region is expected to have the highest CAGR for elastomeric membrane roofing systems in the forecast period from 2021-2028. Asia Pacific (APAC) region is expected to post a healthy growth rate followed by European Union (EU). Latin America will grow at an impressive pace due to increasing demand across South American countries such as Brazil and Mexico; moreover, it offers attractive investment opportunities related to natural resources development which are essential raw materials for manufacturing rigid polyurethane foam insulation boards that form the major part of these membranes. The Middle East & Africa (MEA) region is expected to witness a healthy growth rate in the forecast period due to increasing demand for low-cost residential and commercial construction.
The increasing demand for elastomeric membrane roofing in the residential sector is one of the major drivers that would fuel the global elastomeric membrane roofing market. It has been observed that there are primarily two types of roofs: rigid and soft, where a majority prefers to go with roofs that provide high durabilities such as concrete or wood shingle; this trend will also lead to growth in the elastomeric membranes roofing market globally. The increased usage of polyvinyl chloride (PVC) due to its lightweight nature is another factor that would drive this market over the forecast period. Increased awareness about sustainable construction techniques could be a key driver for manufacturers who want to improve their product portfolio by incorporating eco-friendly products into these types of roofs.
Up Market Research published a new report titled “Elastomeric Membrane Roofing Market research report which is segmented by Types (Sheet, Liquid Applied), By Applications (Residential, Commercial, Industrial), By Players/Companies Arcat, Toiture Unix, DowDuPont, DowDuPont, Sika, Firestone Building Products Company, Carlisle Companies Inc., Soprema Group, BASF SE, GCP Applied Technologies Inc., Johns Manville, Kemper System, Saint-Gobain, Copernit S.P.A.”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.
Report Attributes | Report Details |
Report Title | Elastomeric Membrane Roofing Market Research Report |
By Type | Sheet, Liquid Applied |
By Application | Residential, Commercial, Industrial |
By Companies | Arcat, Toiture Unix, DowDuPont, DowDuPont, Sika, Firestone Building Products Company, Carlisle Companies Inc., Soprema Group, BASF SE, GCP Applied Technologies Inc., Johns Manville, Kemper System, Saint-Gobain, Copernit S.P.A. |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 207 |
Number of Tables & Figures | 145 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type Sheet, Liquid Applied and By Application Residential, Commercial, Industrial.
Some of the companies that are profiled in this report are:
Elastomeric Membrane Roofing Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
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Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Elastomeric Membrane Roofing Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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