The latest market report published by Credence Research, Inc. “Roofing Underlayment Market – Growth, Future Prospects and Competitive Analysis, 2017 – 2025,” the global roofing underlayment market was valued at US$ 27,478.6 Mn in 2016, and is expected to each US$ 44,490.5 Mn by 2025, expanding at a CAGR of 5.5% from 2017 to 2025.
The purpose of the report is to illustrate the state of the market of Roofing Underlayment, to present actual information about the volumes of production, exports, imports, consumption and the state of the market, the changes that took place in 2017, and also, to build a forecast for the growth of the industry in the medium term until 2026.
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The global roofing underlayment market has witnessed a significant rise in strategic mergers and collaborations among roofing underlayment manufacturers. Such growth strategies are focused at augmenting their service portfolio. The demand for a variety of roofing underlying materials has started gaining strength. However, the market is on the brisk of a huge alteration as emerging economies such as Asia Pacific and Latin America are imposing most influential positions in the market. The booming construction sector and a constant rise in new construction activities in these emerging economies are mostly to be ascribed for the excellent growth prospects for roofing underlying materials in the regions. In North America and Europe, on the other hand, demand is mostly stimulated by refurbishing and maintenance activities.
The non-residential sector is presently the largest contributor to the global roofing underlying materials market, accounting for a share of nearly 44% in the global market. The segment growth is expected to slow down to the residential sector with a slight decline in its overall share in the global market in 2025. Demand for a variety of roofing underlying materials in the commercial sector will be driven largely by continuous rise in replacement and maintenance activities post the recent economic downturn. Stabilizing economies are enabling the commercial sector to take up previously deferred replacement projects.
Asia Pacific held a dominant share of nearly 41% in the global roofing underlying materials market in 2016, mainly owing to the booming construction industry and constantly rising numbers of new homeowners in urban parts of the region. The market for roofing underlying materials is also expected to expand at the fastest pace in Asia Pacific as compared to other regional markets. In Latin America and the Middle East and Africa, the markets for roofing underlying materials will show strong growth and will benefit the most from developments in the residential construction sector.
Why was the report written?
This report is the result of an extensive survey drawn from Credence Research’s exclusive panel of leading global market industry executives; it provides data and analysis on buyer investment, acquisition, and developments within the global market research. It includes key topics such as global Roofing Underlayment buyer expenditure and procurement behaviors and strategies and recognizes the threats and possibilities within the industry, economic outlook trends, and business confidence within global industry executives. Most secondary research reports are based on general industry drivers and do not understand the industry executives’ attitude and changing behaviors, creating a gap in presenting the business outlook of the industry; in an effort to bridge this gap, Credence Research created this primary research-based report by gathering the opinions of multiple stakeholders in the value chain of the global industry.
What is the current market landscape and what is changing?
Executives from the global industry anticipate an increase in levels of consolidation, with 55% of respondents projecting an increase in merger and acquisition (M&A) activities in 2017.
The report on the market of Roofing Underlayment contains:
Analysis and forecast of Roofing Underlayment market dynamics;
Analysis of domestic production, market shares of the main market players;
Analysis of exports and imports;
Analysis of factors, leading the development of the Roofing Underlayment market;
Assessment and forecast of Roofing Underlayment market development;
Financial and business profiles of the leading companies in the Roofing Underlayment industry.
– Up to date working Roofing Underlayment data by major regions in the world, the forecast of planned capacity additions by 2026
– The annual breakdown of capital expenditure spending on proposed Roofing Underlayment for the period 2018 to 2026
– Planned Roofing Underlayment additions and capital expenditure spending by key countries and companies across the world
– Planned capital expenditure spending on new Roofing Underlayment projects by region, key countries, and companies
– Details of major planned Roofing Underlayment projects in the world up to 2026
– Up to date working Fetal And Neonatal Care Device data by major regions in the world, the forecast of planned capacity additions by 2026
– The annual breakdown of capital expenditure spending on proposed Fetal And Neonatal Care Device for the period 2018 to 2026
– Planned Fetal And Neonatal Care Device additions and capital expenditure spending by key countries and companies across the world
– Planned capital expenditure spending on new Fetal And Neonatal Care Device projects by region, key countries, and companies
– Details of major planned Fetal And Neonatal Care Device projects in the world up to 2026
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