Roofing Membrane is the roofing system technique utilized for buildings, tanks, and ponds. It is extensively used to make a waterproof protective cover for the interior of a building. According to BlueQuark Research & Consulting, the global Roofing Membrane market is expected to grow significantly during the forecast period. Factors such as its growing demand for green roofing system solutions in the Building & Construction Industry drive the Roofing Membranes market in the forecasted period. Furthermore, properties of roofing systems like low cost, durability, performance, greater strength, UV resistance, insulation, and energy efficiency make them a perfect choice for buildings that require a minimum of 15-20 years of service life. However, the volatility and sudden changes in the price of the raw material of roofing membranes can hinder the Global Roofing Membrane Market.

Roofing Membranes are generally utilized for flat or almost flat roofing to preserve the structure underneath from temperature and water. Roofing system are used in commercial, retail, office, hospitality, education, healthcare, and other residential buildings.

The Building & Construction industry is the most dominant consumer of Roofing Membranes globally and is predicted to drive the future market. Single Ply Membrane are widely used in the industry for roofing applications, and it comprises cured elastomers, uncured elastomers, and thermoplastic membranes. Cured elastomers, also known as thermosets, are synthetic rubber or rubber roof, that has undergone the vulcanization process-the thickness after finishing ranges from 0.75mm to 1.50 mm. The most commonly used cured elastomer membranes are Neoprene, Ethylene Propylene Diene Terpolymer, Ethylene Propylene Diene Monomer, or EPDM roof. However, cured elastomers comprise only 10% of commercial roofing as their life span is only 10-15 years. Uncured elastomers are well familiar with their easy installation methods, higher impact resistance, high chemical resistance, and resistance to high temperatures. Thus, making them ideal for roofing membranes in the building and Construction industry. Chlorinated Polyethylene (CPE), Polyisobutylene (PIB), Nitrile Butadiene Polymer (NBP), and Chloro-sulfonated Polyethylene (CSPE) are the most generally used uncured elastomers. However, they have become less famous over the last decade owing to Environmental concerns raised by various studies related to these substances. Plastomers or thermoplastics are heat welded, have strength equal to the primary membranes, and are much more robust than chemically bonded thermosets. The most usual thermoplastics are Polyvinyl Chloride ( PVC ) or PVC roof/PVC membranes, Thermoplastic polyolefin (TPO) or TPO roof/TPO membranes and comprise about 55% of the global Roofing Membrane market.

Major global players in the industry were Sika AG, BASF SE, The Dow Company, Soprema Group, and Carlisle Companies Inc., among others.

North American region is anticipated to be the biggest market for Roofing Membranes in the forecasted period. Due to the rising population and swift urbanization in the area, the demand for Building and Construction is increasing the roofing application, thereby increasing the Roofing Membrane demand. The U.S. and Canada have been observing excellent infrastructural development continuously, and they are projected to continue this growth in the industry, thus, they are among the top countries propelling the Global waterproofing membrane market in the region. Asian countries like Japan, India, and China have also seen significant growth in the need for roofing materials. Owing to the availability of low-wage laborers in the countries like China and India, most of the Multi-National Companies have manufacturing and assembling units in the region. So, constructing these manufacturing units also drives the Building & Construction market, consequently becoming a driving factor for the Roofing membrane market. Moreover, Middle-Eastern countries like Saudi Arabia, Turkey, and Qatar and cities like Dubai will also play a critical role in the growth of the Global Roofing Membranes. Almost every commercial activity is adversity at the hands of ruthless Novel Coronavirus. The COVID-19 pandemic had an acute impact on the Building & Construction industry, which is also sensitive to economic cycles, consequently influencing the Roofing Membrane market. There are several consequences of the lockdown, which would further increase the trouble for the industry, like reverse migration supply chains disruption. Although there is very little development in the warehouses' construction owing to the increasing popularity of the E-Commerce business and the increasing trend of work from home owing to the COVID-19 pandemic, the commercial industry has lost pace in the development of the Global Roofing Membrane Market.

On 3rd March 2021, Sika China auspiciously published its first externally verified Environmental Product Declaration with the Building Research Establishment for locally manufactured premium quality Sarnafil S327-L and G410-L Roof Membrane. This is a significant milestone for supporting specification selling activities in the Chinese market.

Global Roofing Membrane Market report provides deep insight into the Industrial market's current and future state across various regions. The study comprehensively analyses the Roofing Membrane market by segmenting based on the Types (Thermoplastic Polyolefin (TPO), Ethylene Propylene Diene Monomer (EPDM), Polyvinyl Chloride (PVC), Modified Bitumen, Others), End-User Industry (Building & Construction), Applications (Commercial Roofing, Residential Roofing), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa). This report examines the market drivers and restraints and the impact of Covid-19 on market growth in detail. The study covers and includes emerging market trends, developments, opportunities, and challenges in the industry. This report also covers extensively researched competitive landscape sections with prominent companies and profiles, including their market shares and projects.