The global Modified Asphalt Roofing Underlying market size was valued at US$ 2.34 billion in 2024 and is projected to reach US$ 3.45 billion by 2030, at a CAGR of 6.7% during the forecast period 2024-2030.
The United States Modified Asphalt Roofing Underlying market size was valued at US$ 678.4 million in 2024 and is projected to reach US$ 967.5 million by 2030, at a CAGR of 6.1% during the forecast period 2024-2030.
Modified Asphalt Roofing Underlying materials are specialized waterproofing products used beneath roofing systems, featuring polymer-modified asphalt for enhanced durability and weather resistance.
The global market is experiencing steady growth, driven by construction activity and infrastructure development. In 2023, production reached 850 million square meters, with commercial construction accounting for 45% of demand. The market saw a 25% increase in high-performance material adoption in 2023. SBS-modified products dominate with a 60% market share, while APP-modified materials are growing at 8% annually. North America leads with a 35% market share, while Asia Pacific is the fastest-growing region at 7.5% CAGR. The industry is focusing on developing sustainable formulations, with a 30% growth in R&D investments for eco-friendly materials.
Report Overview
Rubberized or modified asphalt underlayment often comes with a selvedge edge along one side of each roll. That selvedge edge is designed to create a strong, watertight seal along the edges where rolls overlap. The selvedge edge should always be along the top edge when the underlayment is installed in courses across a roof.
This report provides a deep insight into the global Modified Asphalt Roofing Underlying market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Modified Asphalt Roofing Underlying Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Modified Asphalt Roofing Underlying market in any manner.
Global Modified Asphalt Roofing Underlying Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
- GAF
- CertainTeed
- Oriental Yuhong
- Owens Corning
- TehnoNICOL
- Atlas Roofing
- Hongyuan Waterproof
- CKS
- TAMKO Building Products
- Bauder
- Jianguo Weiye Waterproof
- Hangzhou Jinwu
- Yuhong Waterproof
- Polyglass
- Yuwang Group
- IKO Industries
Market Segmentation (by Type)
- Styreneic Block Copolymers
- Atactic Polypropylene
- Others
Market Segmentation (by Application)
- Residential
- Non-Residential
Geographic Segmentation
- Market, Global Outlook and Forecast 2024-2030North America (USA, Canada, Mexico)
- Market, Global Outlook and Forecast 2024-2030Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
- Market, Global Outlook and Forecast 2024-2030Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
- Market, Global Outlook and Forecast 2024-2030South America (Brazil, Argentina, Columbia, Rest of South America)
- Market, Global Outlook and Forecast 2024-2030The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
- Market, Global Outlook and Forecast 2024-2030Industry drivers, restraints, and opportunities covered in the study
- Market, Global Outlook and Forecast 2024-2030Neutral perspective on the market performance
- Market, Global Outlook and Forecast 2024-2030Recent industry trends and developments
- Market, Global Outlook and Forecast 2024-2030Competitive landscape & strategies of key players
- Market, Global Outlook and Forecast 2024-2030Potential & niche segments and regions exhibiting promising growth covered
- Market, Global Outlook and Forecast 2024-2030Historical, current, and projected market size, in terms of value
- Market, Global Outlook and Forecast 2024-2030In-depth analysis of the Modified Asphalt Roofing Underlying Market
- Market, Global Outlook and Forecast 2024-2030Overview of the regional outlook of the Modified Asphalt Roofing Underlying Market:
Key Reasons to Buy this Report:
- Market, Global Outlook and Forecast 2024-2030Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
- Market, Global Outlook and Forecast 2024-2030This enables you to anticipate market changes to remain ahead of your competitors
- Market, Global Outlook and Forecast 2024-2030You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents
- Market, Global Outlook and Forecast 2024-2030The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
- Market, Global Outlook and Forecast 2024-2030Provision of market value (USD Billion) data for each segment and sub-segment
- Market, Global Outlook and Forecast 2024-2030Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
- Market, Global Outlook and Forecast 2024-2030Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
- Market, Global Outlook and Forecast 2024-2030Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
- Market, Global Outlook and Forecast 2024-2030Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
- Market, Global Outlook and Forecast 2024-2030The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
- Market, Global Outlook and Forecast 2024-2030Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
- Market, Global Outlook and Forecast 2024-2030Provides insight into the market through Value Chain
- Market, Global Outlook and Forecast 2024-2030Market dynamics scenario, along with growth opportunities of the market in the years to come
- Market, Global Outlook and Forecast 2024-20306-month post-sales analyst support
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Chapter Outline
Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.
Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Modified Asphalt Roofing Underlying Market and its likely evolution in the short to mid-term, and long term.
Chapter 3 makes a detailed analysis of the market's competitive landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.
Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.
Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 9 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.
Chapter 10 provides a quantitative analysis of the market size and development potential of each region in the next five years.
Chapter 11 provides a quantitative analysis of the market size and development potential of each market segment (product type and application) in the next five years.
Chapter 12 is the main points and conclusions of the report.
Table of content
Table of Contents
1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of Modified Asphalt Roofing Underlying
1.2 Key Market Segments
1.2.1 Modified Asphalt Roofing Underlying Segment by Type
1.2.2 Modified Asphalt Roofing Underlying Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Modified Asphalt Roofing Underlying Market Overview
2.1 Global Market Overview
2.1.1 Global Modified Asphalt Roofing Underlying Market Size (M USD) Estimates and Forecasts (2019-2030)
2.1.2 Global Modified Asphalt Roofing Underlying Sales Estimates and Forecasts (2019-2030)
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 Modified Asphalt Roofing Underlying Market Competitive Landscape
3.1 Global Modified Asphalt Roofing Underlying Sales by Manufacturers (2019-2024)
3.2 Global Modified Asphalt Roofing Underlying Revenue Market Share by Manufacturers (2019-2024)
3.3 Modified Asphalt Roofing Underlying Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.4 Global Modified Asphalt Roofing Underlying Average Price by Manufacturers (2019-2024)
3.5 Manufacturers Modified Asphalt Roofing Underlying Sales Sites, Area Served, Product Type
3.6 Modified Asphalt Roofing Underlying Market Competitive Situation and Trends
3.6.1 Modified Asphalt Roofing Underlyin
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