Global Roofing Underlayment Market - Industry Dynamics, Market Size, And Opportunity Forecast To 2030

The Roofing Underlayment market is experiencing robust expansion, with market size projected to increase from (28.12 Billion) 2023 to (45.3 Billion) 2030, demonstrating a consistent year-over-year growth rate of 5.43%. Roofing Underlayment Market Size, Share, Competitive Landscape and Trend Analysis Report, by Types (Asphalt-saturated felt, Rubberized asphalt, Non-bitumen synthetic), by Applications (Residential construction, Commercial, Non-residential construction) And regions ({regionNms}) : Industry Forecast and Opportunity Analysis for 2023 - 2030

Roof underlayment is basically a waterproof or water-resistant material that is installed underneath the shingles or any other roofing materials on a roof. Its main purpose is to serve as the secondary line of defence against water intrusion, wind damage, and ice dams. Roofing underlayment’s are mainly made out of asphalt-saturated felt, synthetic, or rubberised asphalt. Several factors propel the roofing underlayment market, and key among them are increased construction activity, more demand for energy-efficient buildings, and awareness towards the importance of proper roof protection. The market segmentation is also along product type, application, and geography.

Roofing Underlayment Report Highlights

Report Metrics	Details
Forecast period	2019-2030
Base Year Of Estimation	2023
Growth Rate	CAGR of 5.43%
Forecast Value (2030)	USD 45.3 Billion
By Product Type	Asphalt-saturated felt, Rubberized asphalt, Non-bitumen synthetic
Key Market Players	Johns Manville Certain Teed Corporation Duro-Last Inc GCP Applied Technologies Inc MFM Building Products Mfg. VaproShield Atlas Roofing Corporation IKO Industries Inc Boral Roofing LLC GAF Materials Tamko Building Products, Inc Braas Monier Building Corporation Gardner Gibson Carlisle Companies Inc Polyglass DuPont de Numerous, Inc Keene Building Products Tarco Intertape Polymer Group Owens Corning
By Region

Roofing Underlayment Market Trends

The roofing underlayment market has been undergoing a great expansion due to the extensive and growing activities from construction and requirements for durable roofing in different forms that are resistant to weather. Roofing underlayment is a layer found in between the roof deck and the outer side of the roofing system. It is quite popular due to its increasing importance in waterproofing and insulating the building. The fact that it is becoming more known for the sustainability being brought to buildings, as well as that towards energy efficiency, is a boon for the market. Key trends in the roofing underlayment market include the increasing preference for lightweight and high-performance synthetic materials instead of traditional asphalt-saturated felts. The growing green building initiatives and stringent building codes are also spurring the adoption of these environmentally friendly and recyclable underlayment’s. The major growth drivers for the residential sector are continued urbanisation and an increase in home renovations. New innovations such as self-adhesive underlayment’s and fire resistance products are also reshaping the market steadily, in spite of interior folds, such as fluctuating prices of raw materials.

Roofing Underlayment Market Leading Players

The key players profiled in the report are Johns Manville, Certain Teed Corporation, Duro-Last Inc, GCP Applied Technologies Inc, MFM Building Products Mfg., VaproShield, Atlas Roofing Corporation, IKO Industries Inc, Boral Roofing LLC, GAF Materials, Tamko Building Products, Inc, Braas Monier Building Corporation, Gardner Gibson, Carlisle Companies Inc, Polyglass, DuPont de Numerous, Inc, Keene Building Products, Tarco, Intertape Polymer Group, Owens Corning

Growth Accelerators

The roofing underlayment market is driven primarily by the increasing demand for durable and weather-resistant roofing solutions in the residential, commercial, and industrial sectors. The most significant growth drivers have been increasing new constructions taking place globally, especially in developing regions, and higher levels of building protection against heating or extreme cold. The other factor propelling the growth of the market is synthetic roofing underlayment’s that are more preferred because they are superior to traditional materials in terms of durability, lightweight nature, and water resistance, as cited by their present models. Sustainability trends and advancements in material technologies are additional contributions to the growth of the market. Eco-friendly and recyclable underlayment’s are also being developed in tune with the increasing emphasis on green practices in construction. Further, replacement activities in the roof segment in developed economies that generally tend to happen because of ageing infrastructure and greater awareness of energy-efficient roofing systems are also giving an edge to growth in demand.

Roofing Underlayment Market Segmentation analysis

The Global Roofing Underlayment is segmented by Type, Application, and Region.
By Type, the market is divided into Distributed Asphalt-saturated felt, Rubberized asphalt, Non-bitumen synthetic . The Application segment categorizes the market based on its usage such as Residential construction, Commercial, Non-residential construction. Geographically, the market is assessed across key Regions like {regionNms} and others, each presenting distinct growth opportunities and challenges influenced by the regions.

Competitive Landscape

A competitive landscape is portrayed by the roofing underlayment market a fray that harbours both local and international players. These, among others, include well-established companies like GAF Materials Corporation, Owens Corning, and CertainTeed, all of which have a long line of diverse, high-quality products to offer for the market. These companies indulge in intensive research and development to create underlayment solutions that boost their life spans, moisture resistance, and ease of use. The competition has reached a zenith because of the increasing performance demand from high-performance roofing materials in harsh environment regions thus forcing the companies to be different in product performance and customer service.

Challenges In Roofing Underlayment Market

The roofing underlayment market has a variety of challenges, including changes in the cost of raw materials, which affect pricing and thus profitability for manufacturers. The cost-effectiveness of materials like bitumen, synthetic fibres, and fibreglass can never be guaranteed, as supply chains are prone to stoppage and price increase. At the same time, the growing demand for environmentally friendly and sustainable roof products is putting stress on traditional manufacturing processes, forcing manufacturers to invest in new technologies and materials compliant with environmental regulation requirements and market consumer preferences. The truth of the matter is that there are other increasing competitors, such as solar roofing and highly waterproof materials with reduced use of traditional underlayment products. As a matter of fact, there are three priorities that complicate the design of products and entry to the market for companies engaged over several geographies in terms of construction codes: variation across regions in building codes and standards; product concentration in specific areas; and a high number of building codes. Construction cycles and weather patterns have their effects on the roofing industry; thus, their demand is fairly unpredictable, which complicates the market dynamics for underlayment products.

Risks & Prospects in Roofing Underlayment Market

It is expected that the roofing underlayment will give a large prospect for growth as demand grows for durable and energy-efficient roofing solutions. Emerging economies worldwide are looking for more high-performance underlayment materials; thus, their demand is increasing for better protection from water damage, mould, and extreme weather conditions, as construction activity spreads over the globe. Additionally, even among a few people, awareness of sustainability and eco-friendly building practices motivates the demand for green roofing solutions; hence, some profitable opportunities are available for roofing underlayment industries to develop products considered "green." In the market, the upsurge in the adoption of energy-efficient roofing systems, coupled with increased home renovations and roof replacements, is a driving force in the growth of the market. Regions that were once quiet about storms and very heavy rainfalls are now highly prone, with most sections starting to be hit by snow, thus increasing demand for underlayment’s. Hence, this market holds a lot of promise for growth in the coming years.

Key Target Audience

Roofing underlayment caters to three major types of audiences: homeowners and commercial property owners; construction contractors; and roofing professionals. With households, those segments that fall into consideration include owners who either renovate or build their houses since roofing underlayment will guard against moisture and preserve strength and durability. Demand has almost the same consideration among commercial property owners and builders; many large-scale construction projects require a reliable and high-performance roof underlayment material to be used for long-lasting and safe roofs in different climates and conditions.,, Manufacturers and suppliers of roofing material also constitute an important segment of this market because they are the driving force behind innovation and distribution. Contracting an installer is another critical area because they are responsible for choosing and applying installation and use aspects of underlayment products in roofing applications. For environmentally conscious construction and green building practices, the target audience with an ever-growing market consists of energy efficiency, climate resilience, and sustainability-conscious consumers who would benefit from underlayment materials with strong environmental performance and eco-friendly standards.

Merger and acquisition

Companies are being recently recognised in the realm of mergers and acquisitions within roofing underlayment markets, attempting to improve the total product offering and enhancing it with a more comprehensive market presence. One of the significant acquisitions is seen in Saint-Gobain's purchase of GCP Applied Technologies in 2022, when GCP's waterproofing and speciality building materials were replaced into its CertainTeed division. This important and strategic move toward enhancing roofing capabilities is also indicative of a broader trend among larger players, such as Owens Corning and GAF, who have also been acquiring firms to develop their synthetic underlayment portfolios and their innovation abilities. Apart from these big acquisitions, companies have also kept focusing on strategic partnerships and product development to satisfy the present market demand transformation. In the same line, GAF will pay due attention to acquiring FT Synthetics worldwide in September 2021 to boost its synthetic underlayment for steep-sloped roofing applications. Besides, Atlas Roofing Corporation has been quite active acquiring regional manufacturers to augment its distribution network and product offering in North America. >

Analyst Comment

"Roofing underlayment is a key division in the construction industry. This segment refers to materials used as protected underlayment for roofing to increase its durability against water and other surfaces. The market is likely to be influenced by the increasing demand for high-quality roofing systems, predominantly for applications in housing and commercial construction. The employment of energy-efficient buildings, improvement of roofing technologies, and further construction activity in emerging economies are the contributing factors to this market's growth. Roofing underlayment’s will usually have beneficial properties like water resistance, fire protection, and thermal insulation, thus creating a higher demand for advanced materials, e.g., synthetic and rubberized underlayment’s."