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Ethylene Propylene Diene Terpolymer (EPDM) Roofing Market Report Reveals the Latest Trends And Growth Opportunities of this Market


Market Overview and Report Coverage


Ethylene Propylene Diene Terpolymer (EPDM) Roofing is a durable and long-lasting roofing material made from a synthetic rubber compound. EPDM roofing is known for its resistance to extreme weather conditions, UV radiation, and thermal shock, making it a popular choice for commercial and residential buildings.

The current outlook for the EPDM roofing market is positive, with a forecasted growth rate of % during the forecasted period. The market is expected to be driven by the increasing demand for energy-efficient and eco-friendly roofing solutions, as well as the growing construction industry worldwide. EPDM roofing is also gaining popularity due to its low maintenance requirements and cost-effectiveness compared to other roofing materials.

The future of the EPDM roofing market looks promising, with advancements in technology leading to improved durability and performance of EPDM roofing systems. The market is also witnessing trends towards the use of recycled materials in EPDM production, further enhancing its sustainability and appeal to environmentally conscious consumers. Overall, the EPDM roofing market is expected to experience steady growth in the coming years, driven by the increasing focus on energy efficiency and sustainability in the construction industry.


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Market Segmentation


The Ethylene Propylene Diene Terpolymer (EPDM) Roofing Market Analysis by types is segmented into:


  • 45 mils
  • 60 mils
  • 90 mils


 


EPDM roofing is available in different thicknesses, commonly known as 45 mils, 60 mils, and 90 mils. The mil measurement refers to the thickness of the EPDM membrane in thousandths of an inch. The higher the mil thickness, the more durable and long-lasting the roofing membrane will be. The 45 mil option is more cost-effective but may have a shorter lifespan, while the 90 mil option offers the highest level of protection and longevity, but comes at a higher price. The 60 mil option strikes a balance between cost and durability.


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The Ethylene Propylene Diene Terpolymer (EPDM) Roofing Market Industry Research by Application is segmented into:


  • Commercial and Industrial
  • Residential


 


EPDM roofing is widely used in commercial and industrial applications due to its durability, low maintenance requirements, and resistance to extreme weather conditions. In the residential market, EPDM roofing is preferred for its cost-effectiveness, ease of installation, and long lifespan. It is suitable for various roofing structures and is especially popular for flat or low-slope roofs. Both commercial and industrial, as well as residential markets, benefit from EPDM roofing's versatility and longevity.


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In terms of Region, the Ethylene Propylene Diene Terpolymer (EPDM) Roofing Market Players available by Region are:



North America:


  • United States

  • Canada



Europe:


  • Germany

  • France

  • U.K.

  • Italy

  • Russia



Asia-Pacific:


  • China

  • Japan

  • South Korea

  • India

  • Australia

  • China Taiwan

  • Indonesia

  • Thailand

  • Malaysia



Latin America:


  • Mexico

  • Brazil

  • Argentina Korea

  • Colombia



Middle East & Africa:


  • Turkey

  • Saudi

  • Arabia

  • UAE

  • Korea




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What are the Emerging Trends in the Global Ethylene Propylene Diene Terpolymer (EPDM) Roofing market?


The global ethylene propylene diene terpolymer (EPDM) roofing market is experiencing a shift towards sustainable and energy-efficient roofing solutions. Increasing concerns about climate change and environmental impact are driving the demand for EPDM roofing, which has high thermal resistance and durability. Adoption of smart roofing technologies, such as sensors and solar panels, is also on the rise in the EPDM roofing market. Additionally, the use of recycled materials in EPDM roofing products is gaining traction among consumers looking for eco-friendly options. Overall, the market is seeing a trend towards innovation and sustainability to meet the evolving needs of the construction industry.


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Major Market Players


Soprema Group is a major player in the EPDM roofing market, offering a wide range of roofing solutions for various applications. The company has shown consistent growth in recent years, expanding its market presence globally. Soprema Group has focused on innovation, introducing new products and technologies to meet the evolving needs of customers. The company's sales revenue is estimated to be in the range of $2 billion to $3 billion.

Sika is another key player in the EPDM roofing market, known for its high-quality roofing systems and solutions. The company has witnessed steady growth in the market, driven by its strong focus on sustainability and environmental performance. Sika has been investing in research and development to develop advanced roofing products that offer superior performance and durability. The company's sales revenue is estimated to be around $7 billion to $8 billion.

Firestone, a subsidiary of Bridgestone Corporation, is a leading provider of EPDM roofing systems. The company has a strong market presence in North America and Europe, offering a wide range of roofing products for commercial and residential applications. Firestone has been investing in digital technologies to enhance customer experience and streamline its operations. The company's sales revenue is estimated to be in the range of $3 billion to $4 billion.

Overall, the EPDM roofing market is highly competitive, with key players like Soprema Group, Sika, and Firestone driving growth through innovation, sustainability, and customer-centric approaches. These companies are expected to continue to expand their market share by introducing new products, investing in research and development, and focusing on customer needs.


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27 Jun 2024
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