Roofing pad market
Increasing construction activity worldwide to fuel the size of the roofing underlay market in 2026. With increased activity in roofing and construction projects around the world, the roofing underlay market is expected to see significant growth through 2026. The underlay for roofs is of immense importance in the construction sector. It is particularly important in the United States as the region continues to be exposed to harsh climatic conditions.
Homeowners in the United States spend a lot of money renovating their indoor and outdoor homes, including replacing roofing material. This should boost product demand significantly. In addition, the start of new residential, non-residential and commercial projects is expected to drive the roofing underlay market over the forecast period. In this regard, Global Market Insights, Inc. estimates that the roofing underlay market size could exceed $ 43.9 billion by 2026.
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When developing the product type, the market for synthetic underlay without bitumen is expected to grow by 5.1% in the forecast period. The growing awareness of product features such as light weight and high strength is resistant to fungal growth, and its wrinkle-free nature can aid segment growth. Because of these features, a synthetic underlay without bitumen is preferred over a conventional underlay for roofs.
The range of applications of the roofing underlay market is divided into residential, non-residential and commercial buildings. The commercial construction sector is expected to hold a market share of 24% in 2026. An exponential increase in urbanization and an increase in commercial construction activity could aid product traction in this sector. For example, growth in the e-commerce business is giving warehouse construction a big boost, which in turn should drive the use of roofing underlays in the years to come.
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Due to the COVID-19 pandemic, demand from the construction industry is expected to be low in 2020. In India, the government has stopped all roofing and construction activities until the situation improves. Globally, too, less cash flow and underinvestment have impacted product demand, but the market is expected to gain momentum as the pandemic subsides.
Geographically, the European roofing underlay market was over $ 7 billion in 2019 and is expected to continue growing over the forecast period due to increased construction activity and stringent building energy efficiency regulations. The Asia-Pacific region has become one of the largest markets for roofing underlayment due to increasing urbanization.
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The competitive landscape of the roofing underlay market consists of industry players such as Atlas Roofing, the Braas Monier Building Group and DowDuPont. These companies have focused on improving their position in the market through various proven strategies such as mergers and acquisitions and product launches. In 2020, Polyglass USA, a roofing and waterproofing systems company, developed a new dual-use roofing underlay called Polystick XLR that offers both waterproof and fire resistance for high temperature applications.
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