Market Size of Self-adhered Roofing Membranes Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | > 4.00 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Self-Adhered Roofing Membranes Market Analysis
The market for self-adhered roofing membranes is expected to register a CAGR of around 6% during the forecast period (2022-2027).
The COVID-19 pandemic had a negative impact on the market. However, with the resumption of major construction activities, the market has now reached pre-pandemic levels, and it is expected to grow steadily in the future.
Increasing private construction expenditure in the North American region acts as a driver to the market studied. On the other hand, the low performance of self-adhered roofing membranes in cold weather conditions is expected to act as a restraint.
North America accounted for the highest market share, and it is likely to dominate the market during the forecast period. Asia-Pacific is likely to witness the fastest growth rate during the same period.
The residential construction application is expected to account for the highest market share during the forecast period.
