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Flat Roofing Market 2018-2026 With Strategic Trends Growth, Demand & Future Potential Of Industry

The report “Flat Roofing Market Profitable Strategic Report, Competitive Landscape, Industry Improvement 2026”, has been prepared based on an in-depth market analysis with inputs from industry experts.

Flat roof is a low-slope roof that is widely used in residential and commercial buildings. It is strong and flexible, and can last for 30 years. Easy to install than pitched roof, flat roof is manufactured either from concrete or timber.

Flat Roofing Market: Key Segments

Based on material, the global flat roofing market can be segmented into built-up roof (BUR), modified bitumen, rubber membrane, thermoplastic polyolefin (TPO), polyvinyl chloride (PVC), cold applied liquid membrane, and metal roof. In terms of application, the flat roofing market can be divided into residential, commercial, and industrial. BUR is a traditional roof made by utilizing gravel and hot tar. It is one of the cheapest roofs available in the flat roofing market which is ideal for deck applications.. It possesses certain characteristics such as excellent fire & wind resistance. BUR is quite heavy and difficult to install. On the other hand, modified bitumen is easy to install and contains light-colored mineral surface, which helps reflect much of the heat, thereby lowering energy consumption. Rubber membrane is manufactured by using ethylene propylene diene monomer (EPDM). These membranes are easy to install and possess excellent properties such as high resistant to tears and scuffs, waterproof, and lightness of weight. EPDM membranes are environmentally-friendly, as they are manufactured from recycled rubber. They insulate the roof against climatic conditions such as wind, water, and fire.

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TPO is one of the green construction materials; it does not utilize plasticizer and offers excellent reflection properties that help in minimizing energy usage. TPO roofs provide resistance against UV radiation and are available in gray and white colors. PVC roofs are light in color and can be manufactured by reinforcing PVC with non-woven fiberglass or polyester. They contain plasticizers, which make them brittle during their lifecycle. Cold applied liquid membrane is proving an ideal choice of roofing, as it does not require heat sources during installation and provides excellent waterproofing during adverse climatic conditions. Metal roof is also gaining momentum in the construction industry due to its features such as high durability, recyclability, and insulation.

Flat Roofing Market: Drivers & Restraints

Rise in construction activities in developing countries and sub-regions such as China, India, ASEAN, Mexico, and GCC and increase in re-roofing activities in developed economies such as the U.S. and countries in Europe are the major drivers of the flat roofing market. Additionally, maintenance of industrial buildings such as warehouses, garages, and distribution centers is also boosting the market. Fluctuation in prices of petroleum-derived raw materials such as resins and gasoline and shortage of skilled labor in installing roofs are anticipated to restrain the flat roofing market during the forecast period. However, rise in demand for single-ply roofs and its beneficial properties such as easy installation, lower cost, and wide range of colors are expected to provide lucrative opportunities to manufacturers.

Flat Roofing Market: Regional Outlook

In terms of region, the flat roofing market can be divided into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. Asia Pacific is the leading consumer of flat roofing, followed by North America, and Europe. Sales of flat roofing market are anticipated to increase in China, India, and ASEAN in Asia Pacific due to the expansion in the construction industry. Rise in demand for commercial buildings and industrial warehouses due to the increase in urbanization and industrialization is estimated to propel the flat roofing market in the region. Additionally, favorable government policies with respect to residential housing and FDI investment in the construction sector are projected to provide lucrative opportunities to roofing manufacturers. North America and Europe expected to offer immense to roofing manufacturers operating in the re-roofing sector. The flat roofing market in Latin America and Middle East & Africa is expanding at a moderate pace. It is likely to provide lucrative opportunities to roofing manufacturers due to the improvement in economy and expansion in the construction industry in these regions.

Flat Roofing Market: Key Players

Key players operating in the global flat roofing market include IKO Polymeric, Bauder Ltd, Sika AG, and Alliance Roofing

MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.

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The report provides the following information:

  • Tailwinds and headwinds molding the market’s trajectory
  • Market segments based on products, technology, and applications
  • Prospects of each segment
  • Overall current and possible future size of the market
  • Growth pace of the market
  • Competitive landscape and key players’ strategies

The main aim of the report is to:

  • Enable key stakeholder’s in the market bet right on it
  • Understand the opportunities and pitfalls awaiting them
  • Assess the overall growth scope in the near term
  • Strategize effectively with respect to production and distribution

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