Reclosers Market - Global Industry Analysis, Size, Share, Trends and Forecast 2024

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<ul><li><p>Roofing Underlying Materials Market: Latest Trends,Analysis &amp; Insights2024Date: 03-21-2017 04:54 PM CETCategory: Business, Economy, Finances, Banking &amp; InsurancePress release from: Transparency Market Research</p><p>In the highly fragmented global roofing underlying materials market, the top five companies collectively held a meagre 13.5%of the overall market valuation in 2015, observes TMR in a recent market research report. The easy availability of rawmaterials, low initial investment, and a continuous rise in demand from the flourishing construction industry have encouragedthe establishment of a vast number of small- and medium-sized companies globally in the past few years.</p><p> Browse Market Research Report @</p><p> To face the competitive pressures and gain an edge, companies are focusing on the expansion of their product portfolios anddevelopment of innovative materials that can be suitably applied to more than one type of roofing systems. Funds devoted toR&amp;D activities are also constantly being increased and expansion across emerging economies is gaining increased emphasis.</p><p> Some of the notable vendors in the market are Owens Corning, DuPont, IKO Industries Ltd., Firestone Building ProductsCompany, and TAMKO Building Products, Inc., Carlisle, CertainTeed Corporation, and Braas Monier Building GroupServices S.A. Rapid Urbanization across Emerging Economies Central to Development of Roofing Underlying Materials</p><p> The rapid expansion of population residing in urban settings across regions such as Asia Pacific, Latin America, and parts ofMiddle East and Africa has led to the vast development of public and private infrastructure across the residential as well ascommercial sectors in the past few years. The increasingly affluent consumer residing in urban dwellings is leading to anincreased demand for new construction projects, naturally upping the consumption of a variety of roofing underlyingmaterials. Asia Pacific is expected to solely account for over 43% in the global roofing underlying materials market by 2024. </p><p> The market for roofing underlying materials is expected to gain the most traction across developing regions such as AsiaPacific and Latin America from 2016 to 2024, with developed regions such as North America and Europe exhibiting sluggishrise in demand. The construction sector in North America and Europe has suffered considerably during the economicdepression of 2008. Though the sector is steadily stabilizing and treading along a positive growth path in these regions, thenumber of new construction projects are still under check. Most traction for the roofing underlying materials markets in theseregions will come from refurbishing and maintenance activities.</p><p>Seite 1 / 3</p><p></p></li><li><p> Fill the form for an exclusive sample of this report @</p><p> Rise in Production Costs to Hamper Markets Overall Growth</p><p> Asphalt makes for one of the most critical raw materials for the manufacture of bituminous roofing underlying materials,which accounts for the second largest share in the global market in terms of product varieties. As a large share of industriallyused asphalt is derived from oil and gas sources, its availability in the global market is largely dependent on the oil and gasindustry, which is itself faced with enormous fluctuations in price and production capacities.</p><p> Thus, the continuous availability of high quality asphalt is a big challenge for the manufacturers of bituminous roofingunderlying materials. The continuous rise in the cost of manufacturing techniques is also leading to a substantial rise in overallcosts of roofing underlying materials. High costs of products are expected to have a sizeable impact on sales of roofingunderlying materials, especially across developing regions where the consumer is quick to switch to cheaper alternatives.</p><p> Non-bitumen Synthetic Roofing Underlying Materials to Retain Dominance</p><p> Transparency Market Research states that the global roofing underlying materials market will expand at a healthy 5.5% CAGRover the period between 2016 and 2024. The market held an opportunity of US$27.99 bn in 2015 and is expected to rise toUS$45.16 bn by 2024. In terms of product type, the segment of non-bitumen synthetic roofing underlying materials accountedfor a share of over 35% in terms of volume in the global market in 2015. </p><p> Get Request For Discount On This Report @ This segment is also expected to remain the dominant product segment from 2016 to 2024. In terms of application, thenon-residential sector dominated in 2015, accounting for nearly 44% in the global market in 2015.</p><p> This review is based on a recent market research report published by Transparency Market Research, titled RoofingUnderlying Materials Market Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 20162024.</p><p> For this report, the market is segment as follows:</p><p> Roofing Underlying Materials Market: Product Segment Analysis Asphalt-saturated Felt Rubberized Asphalt Non-bitumen Synthetic</p><p> Roofing Underlying Materials Market: Application Segment Analysis Residential Commercial Non-residential</p><p> About Us</p><p> Transparency Market Research (TMR) is a global market intelligence company providing business information reports andservices. The companys exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight forthousands of decision makers. TMRs experienced team of analysts, researchers, and consultants use proprietary data sourcesand various tools and techniques to gather and analyze information. </p><p> TMRs data repository is continuously updated and revised by a team of research experts so that it always reflects the latesttrends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorousprimary and secondary research techniques to develop distinctive data sets and research material for business reports.</p><p> Contact Us</p><p>Seite 2 / 3</p><p>;rep_id=13850;rep_id=13850</p></li><li><p> Transparency Market Research 90 State Street, Suite 700 Albany, NY 12207 Tel: +1-518-618-1030 USA - Canada Toll Free: 866-552-3453 Email: Website: Visit Blog :</p><p>You can find this press release here</p><p>Seite 3 / 3</p><p> contact</p></li></ul>


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