Global Roofing Underlying Materials Market Will Be Worth of Us$45.16 Bn in 2024, Expanding at a Cagr of 5.5%

Transparency Market

Research

Roofing Underlying Materials Market - Global Industry

Analysis, Size, Share, Growth, Trends, and Forecast

2016 - 2024

Published Date

16-Aug-2016

183 Page Report

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Press Release

Rising New Construction Activities across Emerging

Economies to Fuel Consumption of Roofing Underlying

Materials, states TMR

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Roofing Underlying Materials Market

REPORT DESCRIPTION

Roofing Underlying Materials Market - Global Industry Analysis, Size, Share, Growth, Trends, and

Forecast 2016 - 2024

In the highly fragmented global roofing underlying materials market, the top five companies collectively held a

meagre 13.5% of the overall market valuation in 2015, observes TMR in a recent market research report. The

easy availability of raw materials, low initial investment, and a continuous rise in demand from the flourishing

construction industry have encouraged the establishment of a vast number of small- and medium-sized

companies globally in the past few years.

To face the competitive pressures and gain an edge, companies are focusing on the expansion of their product

portfolios and development of innovative materials that can be suitably applied to more than one type of roofing

systems. Funds devoted to R&D activities are also constantly being increased and expansion across emerging

economies is gaining increased emphasis.

Some of the notable vendors in the market are Owens Corning, DuPont, IKO Industries Ltd., Firestone Building

Products Company, and TAMKO Building Products, Inc., Carlisle, CertainTeed Corporation, and Braas Monier

Building Group Services S.A.

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Rapid Urbanization across Emerging Economies Central to Development of Roofing Underlying...