TPO Roofing Membrane Market Trends and Forecast
The future of the global TPO roofing membrane market looks promising with opportunities in the commercial, residential, and industrial markets. The global TPO roofing membrane market is expected to reach an estimated $2.9 billion by 2030 with a CAGR of 5.3% from 2024 to 2030. The major drivers for this market are growth in the building & construction industry and increasing demand for green roofing solutions.
TPO Roofing Membrane Market by End Use Industry, Membrane Thickness, and Application
Emerging Trends in the TPO Roofing Membrane Market
A total of 116 figures / charts and 107 tables are provided in this 190-page report to help in your business decisions. A sample figure with insights is shown below.
TPO Roofing Membrane Market by Segments
TPO Roofing Membrane Market by Segment
The study includes trends and forecast for the global TPO roofing membrane market by end use industry, membrane thickness, application, and region as follows: By End Use Industry [Volume (Million Square Meter) and $M shipment analysis from 2018 to 2030]:
Commercial
Retail
Offices
Hospitality
Education
Healthcare
Others
Residential
Industrial and Others
By Membrane Thickness [Volume (Million Square Meter) and $M shipment analysis from 2018 to 2030]:
45 Mil
60 Mil
80 Mil
By Application [Volume (Million Square Meter) and $M shipment analysis from 2018 to 2030]:
Roofing
Re-Roofing
By Region [Volume (Million Square Meter) and $M shipment analysis for 2016 – 2027]:
North America
Europe
Asia Pacific
The Rest of the World
List of TPO Roofing Membrane Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies TPO roofing membrane companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the TPO roofing membrane companies profiled in this report includes.
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
Polyglass
TPO Roofing Membrane Market Insight
Lucintel forecasts that 45 mil thickness TPO roofing membranes will remain the largest segment due to their low cost and it is an ideal choice for buildings which needs 10-15 years of service life. TPO roofing membranes with 80 mil thickness are expected to witness the highest growth over the forecast period due to growing demand for materials with greater strength, energy efficiency, durability, and performance.
Commercial will remain the largest end use market by value and volume due to growing focus of building owners and contractors (government and private) on environment-friendly, energy-efficient roofing solutions. The residential segment is expected to witness the highest growth over the forecast period due to increasing residential construction activities and government initiatives to use products that offer a higher standard of energy efficiency in buildings.
North America will remain the largest region over the forecast period due to stringent government regulations and building codes for energy efficiency. Asia Pacific is expected to witness the highest growth over the forecast period due to increasing construction activities and growing awareness of cost-effective building solutions. Carlisle Companies Incorporated, GAF Materials Corporations, Johns Manville, Firestone Building Products, Dow, and Sika AG are the major manufacturers of TPO roofing membranes.
Features of TPO Roofing Membrane Market
Market Size Estimates: Global TPO roofing membrane market size estimation in terms of value ($M) and volume (million square meter)
Trend and Forecast Analysis: Market trends (2016-2021) and forecast (2022-2027) by various segments and regions.
Segmentation Analysis: Global TPO roofing membrane market size by various segments, such as end use industry, membrane thickness, application, and region, in terms of value and volume.
Regional Analysis: Global TPO roofing membrane market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis on growth opportunities in different end use industries, membrane thicknesses, applications, and regions for the TPO roofing membrane market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape for the TPO roofing membrane market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the TPO roofing membrane market size?
Answer: The global TPO roofing membrane market is expected to reach an estimated $2.9 billion by 2030 .
Q2. What is the growth forecast for TPO roofing membrane market?
Answer: The TPO roofing membrane market is expected to grow at a CAGR of 5.3% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the TPO roofing membrane market?
Answer: The major drivers for this market are growth in the building & construction industry and increasing demand for green roofing solutions.
Q4. What are the major applications or end use industries for TPO roofing membrane?
Answer: Commercial and residential are the major end use industries for TPO roofing membrane market.
Q5. Who are the key TPO roofing membrane companies?
Answer: Some of the key TPO roofing membrane companies are as follows:
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
Polyglass
Q7.Which TPO roofing membrane thickness type segment will be the largest in future?
Answer: Lucintel forecasts that 45 mil thickness TPO roofing membrane will remain the largest segment due to their low cost and is an ideal choice for buildings which need 10-15 years of service life.
Q8: In TPO roofing membrane market, which region is expected to be the largest in next 5 years?
Answer: Asia Pacific is expected to witness the highest growth over next 5 years.
Q9. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.
This report answers following 11 key questions
Q.1 What are some of the most promising, high-growth opportunities for the global 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 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the market?
Q.5 What are the business risks and threats to the market?
Q.6 What are the emerging trends in this market and the reasons behind them?
Q.7 What are some changing demands of customers in the market?
Q.8 What are the new developments in the market? Which companies are leading these developments?
Q.9 Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via product substitution?
Q.11 What M&A activity did occur in the last five years?
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