The global Modified Bitumen (MB) Roofing market was valued at 9282.58 Million USD in 2021 and will grow with a CAGR of 5.21% from 2021 to 2027, based on newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Modified Bitumen (MB) roofing is an asphalt-based, close cousin of the Built-up-Roof (BUR) designed for buildings with low-slope or flat roof structures. Modified bitumen roofing originated in Europe in the mid 1960`s and have been used successfully in the United States and Canada since approximately 1975. Modified Bitumen Membranes are designed to withstand harsh exposure to extreme environmental elements. In our report, modified bitumen roofing have two types which include Atactic Polypropylene (APP) type and Styrene Butadiene Styrene (SBS) type.Global Modified Bitumen (MB) Roofing key players include Oriental Yuhong, Soprema Group, Hongyuan Waterproof, GAF, Sika, etc. Global top five manufacturers hold a share about 25%. Asia-Pacific is the largest market, with a share about 35%, followed by Europe and North America, having a total share about 50 percent. In terms of product, SBS Type is the largest segment, with a share about 75%. And in terms of application, the largest application is Non-Residential, followed by Residential.
By Market Verdors:
EDIL Roofing Products
Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market?s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
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