Roofing Underlayment Market 2019 - 2024 | Regional Revenue, Growth & Trends analysis
Category: #business  By Partha Ray  Date: 2019-08-16
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Roofing Underlayment Market 2019 - 2024 | Regional Revenue, Growth & Trends analysis

The escalating construction domain will continue to remain one of the principal driving forces of Roofing Underlayment Market. Getting into the intricacies of this business space though, clarifies that there are a lot more factors pertaining to building construction and infrastructure development that are inherently responsible for augmenting the profitability landscape of roofing underlayment industry. Commercial construction for instance, specifically demands the installation of flame and water-resistant underlays, especially in homes with metallic or tiled roofs, diversifying the application landscape of market.

The Asia Pacific zone has been touted to be one of the most remunerative geographies for roofing underlayment market. This presumption can rightly be attributed to the continent’s humongous construction sector, which seems to be expanding by the day. The stringent norms enforced with regards to environmental safety, especially across the geographies of North America and Europe, have been projected to prompt the regional populace to go in for renovation projects to render homes environment friendly, which would have a considerable impact on roofing underlayment industry, given the extensive prevalence of re-roofing activities.

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Asia Pacific dominated the overall roofing underlayment market share in 2016, boasting of a revenue beyond USD 11 billion, pertaining to the massive number of construction projects across the region. The robust industrialization and urbanization trends across the continent have led to a mammoth surge in the number of housing and office building constructions, the result of which has led to a considerable stir in roofing underlayment industry.

Roofing Underlayment Market by Product

  • Asphalt-saturated felt
  • Rubberized asphalt
  • Non-bitumen synthetic

Roofing Underlayment Market by Application

  • Residential construction
  • Commercial
  • Non-Residential construction

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Beside domestic projects, another significant factor that has propelled the regional roofing underlayment market is the influx of foreign direct investments in the construction sector of the continent. The countries in APAC have been attracting international investors of late, given that the region has emerged as one of the most lucrative growth avenues in recent years, subject to extensive government funding for huge infrastructure projects and the ever-growing populace demanding eco-friendly, modern, luxurious housing on a large scale. Pertaining to the same, APAC has been forecast to dominate the overall roofing underlayment industry over 2017-2024, both, in terms of volume and value. The ongoing developments in the thriving construction sector in the region bear testimony to the aforementioned forecast.

The Tyvek® Protec™ underlays portfolio launched in 2016 garnered quite some repute in roofing underlayment market, and has been touted to emerge as one of the most innovative products introduced by DuPont Protection Solutions. The latest innovation in the bunch was introduced at the 2017 International Roofing Expo held at Las Vegas in March 2017, and by all means, offers characteristics similar to its predecessors – the Tyvek® Protec™ 120; Tyvek® Protec™ 160 and Tyvek® Protec™ 200. Endowed with exceptional features such as durability, UV resistance, warranty protection, high quality, and strength, the Tyvek® Protec™ falls under one of the most unique roofing underlays that can be used in the construction arena.

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About Author

Partha Ray    

Partha Ray

Partha is into digital marketing since the last 3 years and has worked on multiple projects across various industries. An Computer Science engineer by education, he has prior experience in software development. His other interests include playing cricket & Hockey.

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