A synthetic roofing underlayment is roofing underlayment made up of polymers of various component which are used for construction application. These roof offers extra strength, longevity, easy installation, and also are water replicant. Also, synthetic roofs are lighter and does lose in integrity in extended UV and moisture exposure.
MARKET DYNAMICS
The synthetic roofing underlayment market is experiencing significant growth owing is benefits such as strength, longevity, easy installation, and being water replicant. However, fluctuating prices of raw material can hamper the growth of synthetic roofing underlayment market. Meanwhile, the growing construction sectors is expected to flourish the synthetic roofing underlayment market.
MARKET SCOPE
The "Synthetic Roofing Underlayment Market Analysis to 2028" is a specialized and in-depth study of the manufacturing and construction with a special focus on the global market trend analysis. The report aims to provide an overview of synthetic roofing underlayment market with detailed market segmentation by application and geography. The global synthetic roofing underlayment market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading synthetic roofing underlayment market players and offers key trends and opportunities in the synthetic roofing underlayment market.
MARKET SEGMENTATION
-n the basis of application, the market is segmented as commercial and residential.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global synthetic roofing underlayment market based on various segments. It also provides market size and forecast estimates from year 2018 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The synthetic roofing underlayment market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting synthetic roofing underlayment market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive porters five forces analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the synthetic roofing underlayment market in these regions.
MARKET PLAYERS
The reports cover key developments in the synthetic roofing underlayment market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from synthetic roofing underlayment market are anticipated to lucrative growth opportunities in the future with the rising demand for synthetic roofing underlayment market. Below mentioned is the list of few companies engaged in the synthetic roofing underlayment market.
IMPACT OF COVID-19 ON SYNTHETIC ROOFING UNDERLAYMENT MARKET
The outbreak of COVID-19 has significantly impacted various industries including the manufacturing and construction industry. Containment measures were imposed by governments across the globe such as trade restriction and factor shutdown followed by limited personnel at workplaces in order to adhere to the norms of social distancing. Thus, the imposition of such measures has disrupted the supply chain of manufacturing and construction industry in 2020. However, the industry started to stabilize from Q4 of 2020 as economies started to reopen and containment measures were relaxed.
The report also includes the profiles of key synthetic roofing underlayment market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Atlas Roofing Corporation
- DuPont de Nemours, Inc.
- Gardner Coatings
- GCP Applied Technologies Inc.
- Holland Manufacturing Company
- IKO Industries, Inc.
- Intertape Polymer Group
- Owens Corning
- POLYGLASS U.S.A., Inc.
- Roofnado