How Will Exceptional Innovations Transform The Roofing Underlayment Market Outlook?

An innate sphere of the construction economy, roofing underlayment market is expected to garner tremendous acclaim in the forthcoming years, primarily due to the extensively expanding construction sector worldwide. In fact, according to a report by Global Construction Perspectives and Oxford Economics, the world mammoth construction industry is set to grow at a CAGR of 85 per cent through 2030, while accounting for a valuation of USD 15.5 trillion. This massive growth can aptly be attributed to the escalating housing requirement by the ever-growing population.

Also, staying firm on the need for strong roofing components for residential homes, vivid companies partaking in roofing underlayment business have religiously begun adopting tried and tested as well as novel business growth strategies to produce a range of products that would come out to be a beneficial investment in home construction. For instance, a construction solutions leader- DuPont, had recently announced unveiling DuPont Tyvek Roof Protector, an all advanced product under its Tyvek brand for roofing contractors and builders to work on.

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In addition to the color change feature, the new product offers a good walkability for safe working conditions, with slip-resistant and wrinkle free surface that delivers a proper grip for the contractors. Further, this synthetic roofing underlayment also boasts of high strength to weight ratio and is UV resistant.

This novel launch is believed to be one of the advantageous releases of 2020 in roofing underlayment industry. According to the Global Market Insights, Inc., this roofing underlayment market is projected to record remuneration of USD 43.9 billion by the end of 2026, subject to various technological innovations and advancements in the field.

Given below is a brief snapshot of new innovations that have been taking place in the overall roofing underlayment market of late, which have in turn transformed the industry outlook over the years:

  • Production of dual purpose roof underlayment: an invention by Polyglass US

In a bid to add an innovative touch to its existing product line, Polyglass USA -a waterproofing and roofing systems producer had in June this year, announced bringing forth a new dual purpose roof underlayment- Polystick XLR, to offer waterproofing and fire resistance in extreme temperature applications, including metal roofing.

As per news reports, Polystick XFR combines the company’s existing technologies including Burn-Shield and ADESO to provide a product that outshines in areas of protection. Most importantly, the membrane also features an SBS modified bitumen upper compound and a self-adhesive lower compound in conjugation with fiberglass reinforcement for increased stability.

  • Ultra-light roofing underlayment market

While workers across the construction sector have been struggling with completing their deadlines right on time and effectively, a groundbreaking innovation in the field of roofing underlayment by Typar has tried to solve these to some extent. In 2016, the company introduced Surround VR Underlayment which has been claimed to reduce the amount and weight of the material needed for roofing operations. Official sources cite that one roll of the product covers same area as 5 rolls of felt yet weighs nearly seven times less and is projected to be over 10 times stronger compared to any other underlaying material.

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Such breakthroughs in line with similar others are expected to offer an impetus to the overall roofing underlayment industry, which would carve a lucrative growth graph for itself in the years to follow.

Table of Contents (ToC) of the report:

Chapter 1.    Methodology And Scope

1.1.  Methodology

1.2.  Market definition

1.3.  Market estimation & forecast parameters

1.3.1. COVID-19 impact calculations on industry forecast

1.4.  Data sources

1.4.1. Primary

1.4.2. Secondary    Paid    Unpaid

Chapter 2.    Roofing Underlayment Market Summary

2.1.  Roofing Underlayment industry 360° synopsis, 2016 – 2026

2.1.1. Business trends

2.1.2. Product trends

2.1.3. Application trends

2.1.4. Regional trends

Chapter 3.    Roofing Underlayment Market Insights

3.1.  Industry segmentation

3.2.  Industry size and forecast, 2016 – 2026

3.2.1. COVID-19 impact on industry landscape

3.3.  Industry ecosystem analysis

3.3.1. Profit margin

3.3.2. Value addition

3.3.3. Distribution channel analysis    COVID-19 impact on industry landscape

3.3.4. Vendor matrix    List of key raw material suppliers    List of key manufacturers/distributors    List of key/potential customers

3.4.  Raw material analysis

3.4.1. COVID-19 impact on raw material supply

3.5.  Innovation & sustainability

3.5.1. Patent analysis

3.5.2. Future trends

3.6.  Industry impact forces

3.6.1. Growth drivers    Increasing demand for energy efficient buildings    Rising building construction in Asia Pacific    Escalating growth of synthetic roofing Underlayment

3.6.2. Industry pitfalls & challenges    VOC emissions caused by Asphalt saturated felt

3.7.  Regulatory landscape

3.7.1. U.S.

3.7.2. Europe

3.7.3. China

3.8.  Growth potential analysis

3.9.  Competitive landscape, 2019

3.9.1. Company market share analysis, 2019

3.9.2. Brand analysis

3.9.3. Key stakeholders

3.9.4. Strategic dashboard

3.10.    Regional price trends

3.10.1.  COVID 19 impact on pricing

3.10.2.  Cost structure analysis    R&D cost    Manufacturing & equipment cost    Raw material cost    Distribution cost    Operating cost    Miscellaneous cost

3.11.    Porter’s analysis

3.11.1.    Supplier power

3.11.2.    Buyer power

3.11.3.    Threat of new entrants

3.11.4.    Threat of substitutes

3.11.5.    Industry rivalry

3.12.    PESTEL analysis

3.13.    COVID 19 impact on demand of battery separator by application

3.13.1.  Residential

3.13.2.  Commercial

3.13.3.  Non-residential

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