Us Modified Bitumen Membrane Market Size By Applications, By Type, By End-User, By Deployment & By Technology 2032
Modified Bitumen Membrane Market was valued at USD 3.5 Billion in 2022 and is projected to reach USD 5.0 Billion by 2030, growing at a CAGR of 5.0% from 2024 to 2030.
The US Modified Bitumen Membrane Market is witnessing significant growth due to the rising demand for durable, cost-effective roofing solutions. Modified bitumen membranes (MBM) are a popular choice in the construction and building sectors because of their excellent waterproofing properties and resistance to harsh weather conditions. The primary drivers behind the market's growth include the increasing need for high-performance roofing materials, technological advancements, and the growth of commercial and residential infrastructure projects across the United States.
Modified bitumen membranes are composed of bitumen that has been modified with polymers to improve its elasticity and durability. This makes them ideal for use in a variety of climates, offering superior performance in extreme heat, cold, and UV exposure. Furthermore, the membranes are easy to install, which is another factor contributing to their popularity in both new construction and roof renovation projects.
The market is segmented into different types of membranes, such as SBS (Styrene-Butadiene-Styrene) and APP (Atactic Polypropylene). Each type has unique properties that cater to specific needs. For example, SBS-modified bitumen is known for its flexibility, making it suitable for colder climates, while APP-modified bitumen offers enhanced UV resistance, making it ideal for hot and sunny regions.
According to market research, the increasing adoption of green roofing solutions also plays a significant role in the market's expansion. As sustainability becomes a priority for building owners and developers, modified bitumen membranes are becoming a preferred option due to their ability to enhance energy efficiency, provide insulation, and reduce the need for frequent maintenance.
The US Modified Bitumen Membrane Market is projected to witness steady growth over the next few years. Factors like the continued urbanization, an increase in residential and commercial constructions, and advancements in membrane technology are expected to propel market demand. The integration of modern techniques such as 100 Gigabit Fiber Optic Transceiver Market and smart technology in roofing systems could also boost the efficiency and longevity of these membranes, making them even more attractive to consumers.
With key players focusing on product innovation and improved installation methods, the modified bitumen membrane market in the United States is poised for long-term success. Furthermore, as environmental regulations become stricter, the demand for energy-efficient, environmentally friendly roofing materials will continue to rise, creating ample opportunities for manufacturers and suppliers in the market.
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Soprema Group
Oriental Yuhong
GAF
Sika
Hongyuan Waterproof
TehnoNICOL
CKS
Yuanda Hongyu
ARDEX Group
Tamko
Henkel Polybit
Polyglass
Imperbit Membrane
Fosroc
EDIL Roofing Products
IKO Industries
SKSHU
General Membrane
ChovA
Vetroasfalto
Bauder
Protecto Wrap
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 Modified Bitumen Membrane Market
Residential Roofing
Commercial Roofing
Industrial Roofing
Highway and Road Construction
Waterproofing Systems
Torch-Applied
Self-Adhered
Cold-Applied
Construction
Infrastructure Development
Industrial Manufacturing
Energy and Utilities
Rolls
Sheets
Custom Sizes
Rolls
Sheets
Custom Sizes
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 Modified Bitumen Membrane 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 Modified Bitumen Membrane Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Modified Bitumen Membrane Market, By Type
6. Global Modified Bitumen Membrane Market, By Application
7. Global Modified Bitumen Membrane Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Modified Bitumen Membrane Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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