Synthetic Roofing Underlayment Market was valued at USD 2.1 Billion in 2022 and is projected to reach USD 4.3 Billion by 2030, growing at a CAGR of 9.4% from 2024 to 2030.
The global synthetic roofing underlayment market was valued at approximately USD 3.5 billion in 2022. This market is expected to witness a compound annual growth rate (CAGR) of around 7.2% from 2023 to 2030. The growth is driven by increasing demand for durable and weather-resistant roofing solutions, particularly in regions prone to extreme weather conditions. Synthetic underlayments are gaining popularity due to their superior performance compared to traditional felt underlayments, including better moisture resistance, longer lifespan, and ease of installation.
Opportunities in the synthetic roofing underlayment market are expanding with the rise in residential and commercial construction activities, coupled with growing awareness about the benefits of synthetic materials over traditional options. Emerging markets, especially in Asia-Pacific and Latin America, are anticipated to offer significant growth prospects due to rapid urbanization and infrastructural development. Additionally, advancements in product technology and innovations in underlayment materials are expected to further boost market opportunities and drive future growth.
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InterWrap
Atlas
TARCO
Polyglass
Alpha ProTech
KPNE
Thermakraft
BLOK-LOK
Epilay
Owens Corning
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Synthetic Roofing Underlayment Market
Commercial Use
Household Use
Based on Types the Market is categorized into Below types that held the largest Synthetic Roofing Underlayment market share In 2023.
Asphalt-saturated felt
Rubberized asphalt
Non-bitumen synthetic
Others
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Synthetic Roofing Underlayment Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Synthetic Roofing Underlayment Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Synthetic Roofing Underlayment Market, By Type
6. Global Synthetic Roofing Underlayment Market, By Application
7. Global Synthetic Roofing Underlayment Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Synthetic Roofing Underlayment Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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