Synthetic roofing underlayment is a roofing accessory produced by spinning/ weaving together polyethylene or polypropylene and a polymer to form the all-over protective barrier to put between the roofing material and the roof deck. Synthetic underlayment is an innovative innovation that is taking over the metal roofing industry as a better, extra advanced replacement for felt underlayment. Most synthetic underlayments are mechanically attached with roofing caps as well as staples, while others have a glue backing. Synthetic roofing underlayment offers multiple advantages over traditional roofing underlayment such as longevity, durability, and high-temperature tolerance, lightweight, among others.
This growth is primarily driven by Booming Construction Sector, A Constant Rise in New Construction Activities and The Rising Demand for Flame-Resistant and Water-Resistant Underlays in Commercial Zones.
Major Vendors, such as InterWrap (Canada), Atlas Roofing Corporation (United States), TARCO (United States), Polyglass (Italy), Alpha ProTech (Canada), KPNE (Canada), Thermakraft (New Zealand), BLOK-LOK (Canada), Epilay (United States) and Owens Corning (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
On 12 Oct 2017, Atlas EPS, a division of Atlas Roofing Corporation, has announced the acquisition of Versa-Tech, Inc. located in Fredericktown, Missouri. Versa-Tech has been operating in Fredericktown for over 17 years, providing expanded polystyrene foam products for customers in the Midwest region.
- Booming Construction Sector
- A Constant Rise in New Construction Activities
- The Rising Demand for Flame-Resistant and Water-Resistant Underlays in Commercial Zones
- A High Price of the Product
- Availability of Organic Roofing Underlayment
OpportunitiesEmerging Demand from Economies
ChallengesRisk of installation failure
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the ReportAMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Synthetic Roofing Underlayment Study Sheds Light on The Synthetic Roofing Underlayment Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Synthetic Roofing Underlayment industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Synthetic Roofing Underlayment industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.
Frequently Asked Questions (FAQ):
1. What is the growth rate predicted for the Global Synthetic Roofing Underlayment Market?
The Synthetic Roofing Underlayment market is expected to see a CAGR of % during projected year 2021 to 2027.
2. Who are the top performing companies in Synthetic Roofing Underlayment Market?
Top performing companies in the Global Synthetic Roofing Underlayment market are InterWrap (Canada), Atlas Roofing Corporation (United States), TARCO (United States), Polyglass (Italy), Alpha ProTech (Canada), KPNE (Canada), Thermakraft (New Zealand), BLOK-LOK (Canada), Epilay (United States) and Owens Corning (United States), to name a few.
3. Which region dominated the worldwide market for Synthetic Roofing Underlayment in 2021?
is dominating the Synthetic Roofing Underlayment Market.