What is Single-ply Roofing Market?
Single ply Roofing is a sheeting having wide width used for low slope roof. It is compatible for the rainwater harvesting either at the roof or at the ground. Single ply roof consists of sheets of thermoplastic and synthetic rubber having various benefits like resistant to UV, Durable, Fire retardant, resistant to chemicals and Eco friendly. They can be installed in one layer and the method of installation depends on the situation. From those methods Ballasted proof is the preferred installation method.
The market study is being classified by Type (Polyvinyl Chloride, Thermoplastic Olefin and Ethylene propylene Diene Terpolymer), by Application (Industrial, Commercial, Residential and Others) and major geographies with country level break-up.
GAF (United States), DuPont (United States), Soprema Group (France), Renolit (Germany), Sika (Switzerland), CertainTeed (United States), Oriental Yuhong (China), Owens Corning (United States), TehnoNICOL (Russia) and Atlas Roofing (United States) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Hongyuan Waterproof (China), CKS (India), Joaboa Technology (Thailand) and TAMKO Building Products (United States).
Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Single-ply Roofing market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Single-ply Roofing market by Type, Application and Region.
On the basis of geography, the market of Single-ply Roofing has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increasing Construction Activities in Developing Countries
- Shifting of Usage Pattern from Multilayer Bitumen to Single Ply
Market Trend
- Technological Innovations in Polymeric Single Ply
- Research and Developments are being Done for Single Ply Roofing
Restraints
- High Costs Associated with the Single Ply Roofing and Installation
Opportunities
- High Demand in Developing Economies Owing to Rising Urbanization
- High Investments in Infrastructure in Developing Economies
Challenges
- Lack of Awareness Regarding the Single Ply Roofing
Market Leaders and some development strategies
In 2019, Sika has acquired Parex to expand its product portfolio for building and finishing market
In 2019, Sikabit has launched a Bitumen flat roof for high performance waterproof roof build up consisting of air and vapor control layer, underlay and hard wearing cap sheet
Key Target Audience
Manufacturers, Raw Material Suppliers, Distributors and Traders, Research Organizations, Government Agencies and Organizations