Roofing Membranes Market Set for Rapid Growth and Trend, by 2027

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Roofing Membranes Market

• Global Industry Analysis, Size, Share, Growth,
  Trends and Forecast, 2024

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• Roofing Membranes Market

• A roofing membrane is a type of roofing system
  for buildings and tanks. In the covering of the
  large-area roofs of commercial and industrial
  buildings and for renovation projects,
  thermoplastic polyolefin membranes offer
  considerable advantages.
• The roofing membranes market is segmented into
  types, application, and geography. On the basis
  of types, the market is segregated into modified
  bitumen, polyvinyl chloride (PVC), thermoplastic
  polyolefin (TPO), and ethylene propylene diene
  monomer (EPDM).
• The growth of construction activity in emerging
  countries is a key factor expected to propel the
  growth of the market during the forecast period. 

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Players Consolidating their Geographical
Footprints by Expanding Product Lines

• Geographically, the roofing membranes market is
  segmented into North America, Europe, Asia
  Pacific, Middle East and Africa (MEA), and Latin
  America.
• All these regions are seeing an rising demand for
  roofing membranes due to increasing governmental
  investments on account of infrastructural
  developments.
• North America dominated the global demand for
  roofing membranes in 2015 in terms of revenue.
• The U.S. and Canada are anticipated to
  experience rapid growth, propelling the usage of
  roofing membranes in North America.
• Rapid industrialization and growing construction
  activities are expected to drive the demand for
  roofing membranes in this region.

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• Prominently, efforts are ongoing to reduce the
  environmental footprint of foam trays. Of note,
  most products in the market have abysmally low
  biodegradable quotienta key aspect that is now
  becoming a telling concern for consumers, world
  over.
• This has also been a key restraining factor for
  the foam trays market for some time now. Hence, a
  large numbers of industry efforts are ongoing to
  adopt biodegradable and environmentally friendly
  packaging materials to meet the changing needs in
  end-use industry.
• Challenge now is to make them inexpensive as
  well to bolster new opportunities in the foam
  trays market. Stridently, this will pave way for
  product innovations in the foam trays market. 

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Some of the key players actively present in the
roofing membranes market 

• Carlisle Companies Inc.,
• Sika AG, The Dow Chemical Company
• Soprema Group
• Firestone Building Products Company
• LLC, BASF SE
• GSE Environmental, Johns Manville

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