Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 5.49 Billion | USD 14.73 Billion | 10.37% | 2024 |
FrequentlyAsked Questions
A commercial single ply membrane is a synthetic roofing material installed in one layer. It combines plastic or rubber-based materials with reinforcement to protect buildings from weather, improve energy efficiency, and provide long-lasting performance in different climates.
The commercial single ply membrane market is expected to be driven by increasing commercial construction activity, growing renovation and reroofing projects, stringent energy code requirements, rising demand for sustainable building materials, technological advancements in membrane formulations, and greater emphasis on building resilience against extreme weather events.
According to our study, the global commercial single ply membrane market was worth around USD 5.49 billion in 2024 and is predicted to grow to around USD 14.73 billion by 2034.
The CAGR value of the commercial single ply membrane market is expected to be around 10.37% during 2025-2034.
The global commercial single ply membrane market will register the highest growth in North America during the forecast period.
Key players in the commercial single ply membrane market include Carlisle SynTec Systems, Firestone Building Products, GAF Materials Corporation, Johns Manville, Sika AG, Soprema Group, BASF SE, Dow Chemical Company, DuPont, IKO Industries Ltd., Kemper System America, Mapei Corporation, Owens Corning, Renolit SE, Sarnafil Inc., Versico Roofing Systems, Tremco Roofing and Building Maintenance, Derbigum Americas Inc., FiberTite Roofing Systems, and Henry Company.
The report comprehensively analyzes the commercial single ply membrane market, including an in-depth discussion of market drivers, restraints, emerging trends, regional dynamics, and future growth opportunities. It also examines competitive dynamics, technological innovations, product formulation evolution, and the changing specifier and building owner preferences shaping the commercial single ply membrane industry ecosystem.
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