The global TPO roofing membrane market is projected to reach $2.1 billion by 2027, at a CAGR of 4.6% during 2021-2027. The growth of TPO roofing membrane market is driven by growth in the building & construction industry and increasing demand for green roofing solutions.
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the
most promising, high-growth opportunities for the TPO roofing membrane market
by end use industry (commercial, residential, and industrial & others),
membrane thickness (45 mil, 60 mil, and 80 mil), application (roofing and
re-roofing), and region (North America, Europe, Asia Pacific, and the Rest of
the World)?
Q.2 Which segments will
grow at a faster pace and why?
Q.3 What are the
business risks and threats to the TPO roofing membrane market?
Q.4 What are some
changing demands of customers in the TPO roofing membrane market?
Q.5 What are the new
developments in the TPO roofing membrane market? Which companies are leading
these developments?
Q.6 What strategic
initiatives are being implemented by key players for business growth?
Q.7 What are some of the
competitive products and processes in this TPO roofing membrane area and how
big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A
activity has occurred in the last 5 years in this TPO roofing membrane market?
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Market Segmentation:
Based on membrane
thickness, the TPO roofing membrane market is segmented into 45 mil, 60 mil,
and 80 mil. The 45 mil segment accounted for the largest share of the market in
2021 and is expected to register the highest CAGR during the forecast period,
due to their low cost and it is an ideal choice for buildings which needs 10-15
years of service life.
North America will
remain the largest region over the forecast period due to stringent government
regulations and building codes for energy efficiency.
Key Players in the TPO
roofing membrane market are Carlisle Companies Incorporated, GAF Materials
Corporation, Johns Manville, Firestone Building Products, Dow Chemical, Sika
AG, ARDEX Australia, Tremco, Fatra, AS, Technonicol, Protan, BAUDER, FLACHDACH,
RENOLIT, Imper, and Polyglass.
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The report helps stakeholders understand the
pulse of the market and provides them with information on key drivers,
restraints, challenges, and opportunities for market growth. It would also help
to understand the competitors better and gain more insights to improve their
position in the business.
To read more about this market please click on
https://www.lucintel.com/tpo-roofing-membrane-market.aspx
About
Lucintel
Lucintel,
the premier global management consulting and market research firm, creates
winning strategies for growth. It offers market assessments, competitive
analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon
Fitzgerald
Lucintel
Dallas,
Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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