A single-ply membrane is a thin rubber, plastic, or thermoplastic layer, and single-ply membrane roofs are suitable for flat and low-slope roofs. According to BlueQuark Research and Consulting, the global Single-ply Membranes Market is expected to grow considerably during the forecasted period. Factors such as the increasing usage of flexible sheets of thermoset or thermoplastic membranes such as ethylene propylene diene monomer, thermoplastic polyolefin, and polyvinyl chloride due to its recyclable properties are expected to drive the demand for single-ply roofing membrane market in the forecasted period. Further, increasing demand for lighter and faster construction roofing materials and public buildings is expected to drive the need for the single-ply roofing membrane market in the forecasted period. Furthermore, a rise in investments and initiatives for new buildings, as well as maintenance and repairs, would fuel the growth of the building & construction market, which is expected to drive the need for the single-ply roofing membrane market in the forecasted period. However, fluctuating prices of raw materials and the need for more skilled laborers are expected to hamper the single-ply roofing membrane market in the forecasted period.

Thermoplastic membrane holds the largest share in the single ply membrane market and offers a layer of insulation that adds more strength and flexibility. PVC (polyvinyl chloride) and TPO (thermoplastic polyolefin) are the most common thermoplastic membranes used. Thermoplastic Polyolefin (TPO) is a polypropylene-based plastic and ethylene/propylene rubber material. Thus, it is prepared by combining plastic and rubber. It has various benefits, such as fast repair, heat weldability, and versatility. It has become standard due to its ability to withstand ultraviolet (UV) radiation, ozone, and environmental chemicals. They can be conveniently mounted on both low and high-slope surfaces. Thermoplastic Polyolefin (TPO) is gaining popularity with rising commercial construction activities. The thermoplastic membrane segment will increase with the growing demand for thermoplastic polyolefin. Thermoplastic Polyolefin (TPO) is a polypropylene-based plastic and ethylene/propylene rubber material. By blending the plastic and rubber, TPO is manufactured. It has various advantages, such as heat weldability, ease to repair, flexibility, and white color (due to which almost 90% of the sun rays are reflected). It has become popular because of its ability to resist the ultraviolet (UV) rays from the sun, ozone, and environmental chemicals. These can be easily installed on both low and high-slope surfaces. It has become popular in recent years due to its durability, cost-effectiveness, and ease of installation. TPO roofs are also resistant to tears and punctures, making them a good choice for commercial and industrial applications. They can be installed over existing roofs and do not require much maintenance. Thermoplastic membranes include a layer of reinforcement that can provide more stability and strength to roofing. These materials offer a flexible solution to structural movement and thermal shock. Economic costs and wide-scale benefits make thermoplastic membranes highly preferable among residential and commercial roofing contractors. Thus, this is estimated to drive the market for single ply membranes in the forecast period.

North American region dominated the global market accounting for the highest share. With the growing construction industry and the usage of lightweight and faster construction techniques in countries such as the United States, Canada, and Mexico, the demand for these roofing membranes is increasing. The construction is gradually growing yearly with the increasing number of new homes and public buildings. The United States represents the world's largest economy in the world. The residential and non-residential sectors witnessed growth due to increased private construction spending. Since there is less unused space under the roof for heating or cooling, consumers can save a large amount of energy, which is beneficial for the atmosphere. The two most common eco-friendly roofing materials used on flat roof are TPO and ethylene propylene diene monomer. Furthermore, single-ply roof membranes can be recycled when discarded, which is critical for reducing building waste. Single-ply membranes can also be conveniently converted or modified to suit the green roof infrastructure, an increasingly common way to minimize household carbon emissions. Due to their cost-effective and lightweight properties, the rising demand for single-ply membranes in residential flat roofs has raised the market demand. In residential construction, two of the most widely used single-ply thermoplastic membranes are thermoplastic polyolefin, and polyvinyl chloride, both plastic-based. Thermoplastic membranes are typically manufactured to provide a reinforcing sheet, usually polyester or fiberglass, which provides extra strength and resilience. Ingle-ply roofing is considered environmentally sustainable. Single-ply roofing is also a much safer environmental alternative. This type of roofing has numerous environmental advantages, including energy efficiency. Since there is less unused space under the roof for heating or cooling, consumers can save a large amount of energy, which is beneficial for the atmosphere and one's wallet. Thermoplastic polyolefin and Ethylene propylene diene monomer are eco-friendly roofing membrane mostly used on flat roofs. Also, single-ply roof membranes can be recycled when discarded, which is critical for eliminating building waste. Single-ply roofing can also be conveniently converted or modified to suit the green roof infrastructure, an increasingly common way to minimize household carbon emissions. Thus, the rising demand for eco-friendly roofing, such as single-ply roofing, is expected to grow the single-ply membrane market during the forecast period.

Some of the market's key players are Dow Roofing Systems LLC, Carlisle SynTec System, Duro-Last, Inc., Owens Corning, and Johns Manville.

On March 2023, H.B. Fuller is excited to bring Millennium Sprayable PVC Single-Ply Bonding Adhesive to North America's low-slope commercial roofing market. With a proven track record of over ten years in our European product line, this bonding adhesive has been applied to over eight million square feet of roofing worldwide. It was specifically developed to create strong, lasting bonds with various PVC membranes currently available.

Global Single-ply Membranes Market report provides deep insight into the Industrial market's current and future state across various regions. The study comprehensively analyses the Single-ply Membranes Market by segmenting based on Type ( Ethylene Propylene Diene Monomer, Thermoplastic Polyolefin, Poly Vinyl Chloride, Modified Bitumen, and Other Types), Application (Residential, Commercial, Institutional, and Infrastructural), and Geography (Asia-Pacific, North America, Europe, South America, and Middle East & Africa). The report examines the market drivers and restraints and the impact of Covid-19 on market growth in detail. The study covers emerging market trends, development, 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.