The global TPO roofing membrane market is expected to reach an estimated $2 billion by 2026 with a CAGR of 5% from 2020 to 2026
New York, April 2, 2021 (GLOBE NEWSWIRE) – Reportlinker.com Announces Publication of TPO Roofing Sheets Market Report: Trends, Forecasts, and Competitive Analysis – https://www.reportlinker.com/p05764182/? utm_source = GNW
The future of the global market for TPO roofing membranes looks promising and offers opportunities in the commercial, residential and industrial markets. Worldwide TPO Roofing Membrane Market is projected to reach an estimated value of USD 2 billion by 2026, with an annual growth rate of 5% from 2020 to 2026. The main drivers for this market are the growth in the construction industry and the increasing demand for green roof solutions.
Carlisle Companies Incorporates, GAF Materials Corporations, Johns Manville, Firestone Building Products, Dow Chemical and Sika AG are the main manufacturers of TPO roofing membranes.
The study encompasses trends and forecasts for the global TPO Roofing Membrane Market by end-use industry, membrane thickness, application, and region as follows:
According to intended use, industry [Volume (Million Square Meter) and $M shipment analysis from 2015 to 2026]::
• Retail trade
• Health care
• Industry and others
Through membrane thickness [Volume (Million Square Meter) and $M shipment analysis from 2015 to 2026]::
• 45 thousand
• 60 thousand
• 80 thousand
After application [Volume (Million Square Meter) and $M shipment analysis from 2015 to 2026]::
By region [Volume (Million Square Meter) and $M shipment analysis for 2015 – 2026]::
• North America
• Asia Pacific
• The rest of the world
The analyst predicts that 45 mil thick TPO roofing membrane will remain the largest segment due to its low cost and the ideal choice for buildings that require a 10 to 15 year lifespan. 80 mil thick TPO roof sheeting is expected to experience the highest growth over the forecast period due to the growing demand for materials with higher strength, energy efficiency, durability and performance.
Within the TPO market for roofing membranes, the commercial market will remain the largest end-user market by value and volume as building owners and contractors (government and private) increasingly focus on environmentally friendly, energy-efficient roofing solutions. The residential segment is expected to experience the highest growth over the forecast period as there is an increase in residential construction activity and government initiatives to use products that provide higher energy efficiency standards in buildings.
North America will remain the largest region over the forecast period due to stringent government and building codes for energy efficiency. For the Asia-Pacific region, the highest growth is expected in the forecast period due to increasing construction activity and the growing awareness of low-cost building solutions. Carlisle Companies Incorporates, GAF Materials Corporations, Johns Manville, Firestone Building Products, Dow and Sika AG are the main manufacturers of TPO roofing membranes.
Features of the global TPO roofing membrane market
• Market Size Estimates: Global market size estimate for TPO Roofing Membrane in terms of value (USD million) and volume (million square meters)
• Trend and forecast analysis: market trends and forecasts (2015-2026) by different segments and regions.
• Segmentation Analysis: Global TPO Roofing Membrane Market Size by Different Segments, e.g. B. End use industry, membrane thickness, application and regions in terms of value and volume.
• Regional Analysis: Global breakdown of the TPO Roofing Sheets market by North America, Europe, Asia-Pacific and the rest of the world.
• Growth Opportunities: To analyze the growth opportunities in various areas such as End Use Industry, Membrane Thickness, Application, and Regions for the TPO Roof Membrane Market.
• Strategic Analysis: This includes mergers and acquisitions, new product development and the competitive landscape for the TPO roofing membrane market.
• Analysis of the competitive intensity of the industry based on Porter’s Five Forces model.
This report answers the following 11 key questions
Q.1 What are some of the most promising and high growth opportunities for the global TPO Roofing Membrane End Use Industry (commercial, residential and industrial and others), Membrane Thickness (45 mil, 60 mil and 80 mil), Application (canopy and canopy), and region ( North America, Europe, Asia Pacific and the rest of the world)?
Q.2 Which segments will grow faster and why?
Q.3 Which regions will grow faster and why?
Q.4 What are the key factors driving market dynamics? What are the drivers and challenges of the market?
Q.5 What are the business risks and threats to the market?
Q.6 What are the emerging trends in this market and why?
Q.7 What changing requirements from customers in the market?
Q.8 What are the new developments in the market? Which companies are leading these developments?
Q.9 Who are the main players in this market? What strategic initiatives are the key players implementing for business growth?
Q.10 What are some of the competitive products and processes in this area and how big is the threat to loss of market share from product substitution?
Q.11 What M&A activities have you carried out over the past 5 years?
Read the full report: https://www.reportlinker.com/p05764182/?utm_source=GNW
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