Europe global roofing underlayment market is expected to hold more than a 30% share by 2027. This will majorly be driven by the substantial growth in the residential construction sector owing to rising migration, rapid urbanization, increasing disposable income, and significant investment.

As per the European Construction Industry Federation (FIEC), in 2019, total construction investment in the EU27 countries was valued at around €1,324 billion, in which new housebuilding held almost 21.6% and renovation & maintenance activities captured 28%. Growing emphasis on constructing energy-efficient buildings will complement the regional industry landscape in the forthcoming years.

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With increasing new building construction, renovation, and remodeling activities and growing focus on developing energy-efficient buildings, the roofing underlayment market is expected to observe notable proceeds in the coming years. This is primarily supported by surging investment in the construction sector particularly across developed regions.

As per the U.S. Census Bureau, in September 2021, total spending on private construction was valued at more than USD 1.2 trillion, in which the expenditure on residential and non-residential construction was around USD 773.5 billion and USD 456.4 billion respectively. The substantial rise in per capita income, growing migration to urban areas, and increasing focus towards house remodeling activities are some prominent factors behind such exponential construction expenditure. Global roofing underlayment market size is projected to exceed USD 38 billion by 2027.

Rubberized asphalt underlayment is widely used in roofing applications owing to the exceptional physical properties that make it ideal for all weather conditions. These materials can be produced with different characteristics to match the requirements of fiberglass reinforcement, sound reduction, and waterproofing layers in buildings.

The presence of a large number of aging structures across developed regions, resulting in extensive refurbishment and remodeling activities, will further complement product deployment to a large extent. Owing to this, the roofing underlayment market share from rubberized asphalt deployment is anticipated to witness a CAGR of 5.5% through 2027.

There has been a growing emphasis on infrastructure development works across Asia Pacific and Latin America owing to significant growth in economic activities across these regions. This is predominantly driven by the rapid revival in business and commercial activities post COVID-19-enforced lockdowns.

The escalating urban population, increasing disposable income, and rapid modernization are some other major factors that have significantly accelerated the construction of commercial complexes, such as malls, supermarkets, and others. Driven by this, commercial construction activities are predicted to generate over USD 1 billion in revenue for the roofing underlayment market by 2027.

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Some Point from Table of Contents:

Chapter 4   Roofing Underlayment Market, By Product

4.1    Global roofing underlayment market product, 2020 & 2027

4.2    Asphalt-saturated felt

4.2.1    Market estimates and forecasts, 2017 - 2027

4.2.2    Market estimates and forecast, by region, 2017 - 2027

4.3    Rubberized asphalt

4.3.1    Market estimates and forecasts, 2017 - 2027

4.3.2    Market estimates and forecast, by region, 2017 - 2027

4.4    Non-bitumen synthetic

4.4.1    Market estimates and forecasts, 2017 - 2027

4.4.2    Market estimates and forecast, by region, 2017 - 2027

Chapter 5   Roofing Underlayment Market, By Application

5.1    Global roofing underlayment market application, 2020 & 2027

5.2    Residential construction

5.2.1    Market estimates and forecasts, 2017 - 2027

5.2.2    Market estimates and forecast, by region, 2017 - 2027

5.3    Commercial

5.3.1    Market estimates and forecasts, 2017 - 2027

5.3.2    Market estimates and forecast, by region, 2017 - 2027

5.4    Non-residential construction

5.4.1    Market estimates and forecasts, 2017 - 2027

5.4.2    Market estimates and forecast, by region, 2017 - 2027

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