Global Modified Bitumen (MB) Roofing Market Growth 2023-2029

Global Modified Bitumen (MB) Roofing Market Growth 2023-2029

Modified Bitumen (MB) roofing is an asphalt-based, close cousin of the Built-up-Roof (BUR) designed for buildings with low-slope or flat roof structures. Modified bitumen roofing originated in Europe in the mid 1960's and have been used successfully in the United States and Canada since approximately 1975. Modified Bitumen Membranes are designed to withstand harsh exposure to extreme environmental elements. In our report, modified bitumen roofing have two types which include Atactic Polypropylene (APP) type and Styrene Butadiene Styrene (SBS) type.
LPI (LP Information)' newest research report, the “Modified Bitumen (MB) Roofing Industry Forecast” looks at past sales and reviews total world Modified Bitumen (MB) Roofing sales in 2022, providing a comprehensive analysis by region and market sector of projected Modified Bitumen (MB) Roofing sales for 2023 through 2029. With Modified Bitumen (MB) Roofing sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Modified Bitumen (MB) Roofing industry.
This Insight Report provides a comprehensive analysis of the global Modified Bitumen (MB) Roofing landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Modified Bitumen (MB) Roofing portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Modified Bitumen (MB) Roofing market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Modified Bitumen (MB) Roofing and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Modified Bitumen (MB) Roofing.
The global Modified Bitumen (MB) Roofing market size is projected to grow from US$ 8751.4 million in 2022 to US$ 12640 million in 2029; it is expected to grow at a CAGR of 12640 from 2023 to 2029.
Global Modified Bitumen (MB) Roofing key players include Oriental Yuhong, Soprema Group, Hongyuan Waterproof, GAF, Sika, etc. Global top five manufacturers hold a share about 25%.
Asia-Pacific is the largest market, with a share about 35%, followed by Europe and North America, having a total share about 50 percent.
In terms of product, SBS Type is the largest segment, with a share about 75%. And in terms of application, the largest application is Non-Residential, followed by Residential.
This report presents a comprehensive overview, market shares, and growth opportunities of Modified Bitumen (MB) Roofing market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
SBS Type
APP Type
Segmentation by application
Non-Residential
Residential
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Soprema Group
Oriental Yuhong
GAF
Sika
Hongyuan Waterproof
TehnoNICOL
CKS
Yuanda Hongyu
ARDEX Group
Tamko
Henkel Polybit
Polyglass
IKO Industries
Imperbit Membrane
Fosroc
EDIL Roofing Products
SKSHU
General Membrane
ChovA
Vetroasfalto
Bauder
Protecto Wrap

Key Questions Addressed in this Report
What is the 10-year outlook for the global Modified Bitumen (MB) Roofing market?
What factors are driving Modified Bitumen (MB) Roofing market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Modified Bitumen (MB) Roofing market opportunities vary by end market size?
How does Modified Bitumen (MB) Roofing break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.