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Lucintel Forecasts Tpo Roofing Membrane Market To Reach $2.1 Billion By 2027
According to the recent study the TPO Roofing Membrane Market is projected to reach an estimated $2.1 billion by 2027 from $1.6 billion in 2021, at a CAGR of 4.6% from 2021 to 2027. Growth in this market is primarily driven by growth in the building & construction industry and increasing demand for green roofing solutions.
Browse 116 figures / charts and 107 tables in this 190 -page report to understand trends, opportunities and forecast in 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).
Download sample report by clicking on below link https://www.lucintel.com/tpo-roofing-membrane-market.aspx
“45 mil market is expected to remain the largest segment during the forecast period.”
Based on membrane thickness, the TPO roofing membrane market is segmented into 45 mil, 60 mil, and 80 mil. Lucintel forecasts that the 45 mil market is expected to 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.
“Within the TPO roofing membrane market, the commercial segment is expected to remain the largest end use industry.”
Based on end use industry the commercial segment is expected to witness the highest growth over the forecast period due to growing focus of building owners and contractors (government and private) on environment-friendly, energy-efficient roofing solutions.
“North America will dominate the TPO roofing membrane market in near future.”
North America will remain the largest region over the forecast period due to stringent government regulations and building codes for energy efficiency.
Download Brochure of this report by clicking on https://www.lucintel.com/tpo-roofing-membrane-market.aspx
Major players of TPO roofing membrane market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. 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 are among the major TPO roofing membrane providers.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/tpo-roofing-membrane-market.aspx or helpdesk@lucintel.com
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com
Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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