Lucintel’s latest market report analyzed that TPO roofing membrane provides attractive opportunities in the commercial, residential, and industrial markets. The TPO roofing membrane market is expected to reach $2 billion by 2026 with a CAGR of 5%. In this market, 45 Mil is the largest segment by membrane thickness, whereas commercial is largest by end use industry.
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Based on membrane thickness, the TPO roofing membrane market is segmented into 45 Mil, 60 Mil, and 80 Mil. The 45 Mil segment accounted for the largest share of the market in 2020 due to their low cost and is ideal choice for buildings which needs 10-15 years of service life and 80 Mil is expected to register the highest CAGR during the forecast period, due to growing demand for materials with greater strength, energy efficiency, durability, and performance.
Browse in-depth TOC on “TPO Roofing Membrane Market”
107 – Tables
116 – Figures
190 – Pages
The TPO Roofing Membrane Market is marked by the presence of several big and small players. Some of the prominent players offering TPO roofing membrane include Carlisle Companies Incorporates, GAF Materials Corporations, Johns Manville, Firestone Building Products, Dow Chemical, and Sika AG.
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