Roofing Underlayment Market by Material Type (Asphalt-saturated Felt, Synthetic Underlayment, Rubberized Asphalt Underlayment), Product Type (Felt Underlayment, Non-Woven Underlayment, Foam Underlayment), Application (Residential Roofing, Commercial Roofing, Industrial Roofing), End-Use Industry (Construction, Infrastructure, Renovation): Global Insights & Forecast (2024 – 2030)

As per Intent Market Research, the Roofing Underlayment Market was valued at USD 4.0 billion in 2023 and will surpass USD 5.9 billion by 2030; growing at a CAGR of 5.7% during 2024 - 2030.

The Roofing Underlayment Market is essential for ensuring the durability, safety, and performance of roofing systems across a variety of applications. Roofing underlayment serves as a protective layer between the roofing material and the deck, providing additional waterproofing, insulation, and fire resistance. As the demand for both residential and commercial buildings continues to rise globally, the need for high-quality roofing underlayment has become more critical. The market is driven by innovations in material technology, as well as the growing importance of energy efficiency and weather protection in roofing systems. With the increasing focus on sustainability and longer-lasting building materials, roofing underlayment is witnessing considerable growth, particularly in regions with harsh weather conditions.

Asphalt-Saturated Felt Material Type Is Largest Owing to Proven Durability

Among the Material Type segments, Asphalt-saturated Felt remains the largest subsegment, primarily due to its long-standing reliability and cost-effectiveness in roofing applications. Asphalt-saturated felt is a traditional roofing underlayment material that provides superior protection against moisture, wind, and other environmental elements. It is widely used in both residential and commercial roofing projects due to its proven ability to resist water infiltration and extend the lifespan of the roof structure.

The popularity of asphalt-saturated felt is driven by its affordability compared to more modern materials, making it a preferred choice for cost-conscious builders and homeowners. Additionally, its compatibility with various roofing materials, such as shingles and tiles, has contributed to its continued dominance in the market. Despite the growing competition from synthetic materials, asphalt-saturated felt remains the most commonly used underlayment type globally.

Synthetic Underlayment Product Type Is Fastest Growing Owing to Enhanced Performance

In the Product Type segment, Synthetic Underlayment is the fastest-growing subsegment, thanks to its superior performance characteristics over traditional materials. Synthetic underlayment is made from advanced polymers and is known for being lighter, stronger, and more durable than traditional felt underlayment. It offers enhanced resistance to water, tearing, and UV damage, making it an ideal choice for both residential and commercial roofing applications.

The rapid growth of synthetic underlayment is also attributed to its increased adoption in regions with severe weather conditions, where the need for highly durable and long-lasting materials is paramount. As synthetic underlayment is more resistant to the elements, it reduces the risk of leaks and roof damage, ultimately increasing the longevity and performance of roofing systems. This shift toward synthetic materials reflects the growing trend of using more sustainable and efficient products in the construction and roofing sectors.

Residential Roofing Application Is Largest Owing to High Demand for Housing

Among the Application segments, Residential Roofing is the largest subsegment, driven by the rising demand for new housing and home renovations. As the global population increases and urbanization expands, the need for durable and efficient roofing systems has surged, making residential roofing the primary driver of the roofing underlayment market. Residential roofing underlayment is crucial for protecting homes from weather elements such as rain, snow, and wind, ensuring long-term protection for the structure and inhabitants.

With the growing interest in energy-efficient homes and sustainable building materials, roofing underlayment used in residential roofing has evolved to include options that enhance thermal insulation and reduce environmental impact. The shift toward more eco-friendly roofing solutions is expected to further fuel the growth of the residential roofing segment in the coming years.

Construction End-Use Industry Is Largest Owing to Infrastructure Development

In the End-Use Industry segment, Construction is the largest subsegment, driven by the robust demand for new buildings, infrastructure development, and ongoing urbanization. The construction sector consistently requires high-quality roofing materials to ensure the safety and durability of residential, commercial, and industrial buildings. Roofing underlayment plays a critical role in providing an additional layer of protection against moisture and external elements, which is essential for both new constructions and refurbishments.

The growth of the construction industry, particularly in emerging markets and regions undergoing rapid urban development, has led to increased demand for roofing underlayment. Furthermore, as the construction industry embraces sustainability and longer-lasting materials, roofing underlayment solutions are increasingly being designed to meet these evolving needs. The focus on building resilient and eco-friendly infrastructure has made the construction sector the dominant end-user of roofing underlayment.

North America Region Is Largest Owing to Strong Residential and Commercial Construction

North America remains the largest region in the roofing underlayment market, largely due to the high demand for both residential and commercial roofing solutions. The United States and Canada, with their strong construction industries, contribute significantly to the growth of the market. In these countries, roofing underlayment is required to meet stringent building codes and to provide enhanced weather protection, particularly in areas that experience extreme weather conditions like heavy snow, rain, or hurricanes.

Moreover, the ongoing trend of building energy-efficient homes and the adoption of green building practices in North America has further increased the demand for high-quality roofing underlayment. The region is also witnessing an increase in infrastructure projects and the renovation of aging buildings, which drives continued growth in the roofing underlayment market. As the region continues to invest in residential and commercial developments, North America will remain a key market for roofing underlayment products.

Leading Companies and Competitive Landscape

The Roofing Underlayment Market is highly competitive, with several prominent players innovating to meet the growing demand for advanced roofing solutions. Leading companies include GAF Materials, CertainTeed, Owens Corning, IKO Industries, and Malarkey Roofing Products. These companies are focusing on enhancing product offerings, improving performance characteristics, and developing eco-friendly and sustainable underlayment materials to cater to evolving consumer preferences.

The competitive landscape is marked by continuous innovation and strategic partnerships. Many companies are investing in research and development to introduce underlayment materials that provide better waterproofing, longer durability, and enhanced resistance to environmental factors. Additionally, some companies are expanding their market reach through mergers and acquisitions, enhancing their production capabilities, and improving supply chain efficiency. As the roofing industry increasingly focuses on sustainability, companies that can offer eco-friendly, high-performance roofing underlayment solutions are well-positioned for future growth.

List of Leading Companies:

• Atlas Roofing Corporation
• Boral Limited
• Carlisle SynTec Systems
• CertainTeed Corporation
• DuPont de Nemours, Inc.
• Firestone Building Products
• GAF Materials Corporation
• GCP Applied Technologies
• Henry Company
• IKO Industries Ltd.
• Johns Manville (A Berkshire Hathaway Company)
• Kingspan Group
• Owens Corning
• Sika AG
• TAMKO Building Products, Inc.

Recent Developments:

• Owens Corning launched a new line of high-performance synthetic underlayment products designed to enhance roofing durability and energy efficiency.
• IKO Industries Ltd. expanded its product portfolio by introducing a new line of roofing membranes with improved UV resistance and fire retardant properties.
• Sika AG acquired a key roofing materials company, bolstering its position in the global roofing underlayment market and expanding its product offerings.
• GAF Materials Corporation received regulatory approval for a new, eco-friendly roofing underlayment that reduces environmental impact and enhances performance.
• Carlisle SynTec Systems introduced an advanced underlayment system that offers enhanced moisture protection for both residential and commercial applications.

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