Global Roofing Underlying Materials Market Will Be Worth of Us$45.16 Bn in 2024, Expanding at a Cagr of 5.5% Between 2016-2024

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...