The Single-Ply Membranes Market is being driven by Increasing investments in infrastructure development
The Single-Ply Membranes Market is expected to grow at a CAGR of 9% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 3010.6 million. Single-ply membranes, a popular choice for flat roofing, offer significant environmental benefits for businesses. These membranes, primarily composed of TPO and ethylene propylene diene monomer, are eco-friendly alternatives, reducing the carbon footprint of buildings. Their energy efficiency is noteworthy, as minimal unused space under the roof reduces the need for extensive heating or cooling, thereby conserving energy and contributing positively to the environment. Moreover, single-ply membranes can be recycled upon disposal, thereby minimizing building waste, and can be adapted to accommodate green roof infrastructure, further reducing carbon emissions. Incorporating single-ply membranes into commercial roofing projects not only ensures durability and cost-effectiveness but also demonstrates a commitment to environmental sustainability.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
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Report Coverage |
Details |
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Page number |
207 |
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Base year |
2024 |
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Historic period |
2019-2023 |
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Forecast period |
2025-2029 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 9% |
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Market growth 2025-2029 |
USD 3010.6 million |
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Market structure |
fragmentation |
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YoY growth 2024-2025(%) |
8.0 |
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Key countries |
US, Canada, Germany, UK, Italy, France, China, India, Japan, Egypt, Oman, Argentina, KSA, UAE, Brazil, US, Canada, Germany, UK, China, France, Japan, Italy, India, and South Korea |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Single-Ply Membranes Market encompasses reinforced plastic and synthetic membranes used as roofing underlayments and vapor barriers. Membrane longevity and performance depend on factors like membrane adhesion, sealing systems, weather resistance, thermal shock resistance, elasticity, and flexibility. Roofing insulation, drainage, and ventilation are crucial for energy-efficient design and sustainable roofing. Roof maintenance schedules, inspection, repair techniques, replacement, and design are essential aspects of the roofing industry. Roofing technology and innovation continue to evolve with green building standards, life cycle analysis, and building codes, regulations, and certifications shaping the market landscape. Roofing training, education, software, documentation, and inspection reports are vital tools for professionals in the field. Warranty claims also play a significant role in market trends.
The Single-Ply Membranes Market is a significant segment of the global building products industry, encompassing manufacturers of reinforced membranes, thermoset membranes, and thermoplastic membranes for roofing systems. According to Technavio's market research, the global building products market, which includes roofing materials and equipment, is poised for substantial growth. This expansion is driven by the burgeoning construction sector, particularly in developing economies, where the demand for infrastructure development in residential and healthcare facilities is on the rise due to urbanization and public health concerns. The Single-Ply Membranes Market is expected to benefit from this trend, as these membranes offer durability, energy efficiency, and ease of installation, making them a popular choice for commercial and residential roofing projects. The market's growth is further fueled by advancements in membrane technology, increasing awareness of sustainable building practices, and the growing preference for cost-effective and low-maintenance roofing solutions.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
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