Roofing Torch Market is segmented by Type (Two Layer Torch Roof, Three Layer Torch Roof), Application (Industrial & Construction, Farm, Road Service, Home Use, Other), and Region (North America, Europe, Asia-Pacific, and Rest of the World).
Roofing Torch Market is segmented by Type (Two Layer Torch Roof, Three Layer Torch Roof), Application (Industrial & Construction, Farm, Road Service, Home Use, Other), and Region (North Am...
“The Roofing Torch Market is expected to grow at a healthy CAGR during the forecast period.”
Market Dynamics
Introduction
A roofing torch is a tool used in roofing and construction for applying heat to roofing materials, typically during the installation or repair of roofing systems. It is a handheld device that produces an open flame, usually fueled by propane or a similar gas. Roofing torches are commonly employed for tasks such as heating and melting bitumen or asphalt to create a waterproof seal on roofs. This process is known as torch-down roofing.
The controlled flame generated by the roofing torch allows for precise application of heat, enabling effective bonding of roofing materials and ensuring a durable and watertight seal. Proper safety precautions must be followed when using roofing torches due to the open flame and potential fire hazards.
Market Drivers
The growth of the roofing torch is primarily driven by its increasing usage due to the superior benefits it provides, such as durability, easy installation, cost-effectiveness, flexibility, longer lifespan, and fire resistance among others.
Increasing residential and commercial construction activities across geographies is expected to drive product demand at a significant rate during the review period. The increasing number of players producing roofing torches is another factor propelling the market growth substantially.
COVID-19 Impact
The spread of coronavirus affected the growth of the construction industry due to the enforcement of lockdowns to curb the spread of the virus. Additionally, various building and road construction projects were postponed or canceled, and construction sites were shut down due to the social distancing norms. However, with the lift of lockdown, the end-use industry has gained momentum and is likely to drive market growth at a healthy rate during the review period.
Segments Analysis
Type Trends
The roofing torch market has been segmented into atwo-layer torch roof and a three-layer torch roof.
The two-layer torch on the roofing system is made up of a ply with a granular surface and a smooth base ply.
The three-layer torch on the roofing systems has a smooth base ply, asphaltic board, and a top ply with a granular surface. The three-layer roofing torch is more durable than the layer roofing torch.
Regional Trends
Geographically, the market in North America accounted for the largest market share owing to the high demand for innovative and technologically advanced products.
The market in Asia-Pacific is expected to register the highest growth during the forecast period.
Expanding the construction industry in countries including China and India coupled with rising per capita disposable income is anticipated to propel the market growth.
Increased investment in the construction of roads is projected to fuel the product demand further.
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Key Players
The market is highly populated with the presence of several local, regional, and global players. Most of the major players compete in some of the governing factors including price, product offerings, regional presence, etc.
The following are the key players in the global roofing torch market (arranged alphabetically).
Note:The above list does not necessarily include all the top players in the market.
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Report Features
This report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.
What Deliverables Will You Get in this Report?
Key questions this report answers
Relevant contents in the report
How big is the sales opportunity?
In-depth Analysis of the Roofing Torch Market
How lucrative is the future?
The market forecast and trend data and emerging trends
Which regions offer the best sales opportunities?
Global, regional, and country-level historical data and forecasts
Which are the most attractive market segments?
Market Segment Analysis and Forecast
Who are the top players and their market positioning?
Porter’s five forces analysis, PEST analysis, Life cycle analysis
What are the factors affecting the market?
Drivers & challenges
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10% free customization
Research Methodology
This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.
More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles have been leveraged to gather the data.
We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both qualitative and quantitative insights.
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Company Profiling
Detailed profiling of additional market players (up to 3 players).
SWOT analysis of key players (up to 3 players).
Market Segmentation
Current market segmentation of any one of the product types by application type.
Competitive Benchmarking
Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances.
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A roofing torch is a tool used in roofing and construction for applying heat to roofing materials, typically during the installation or repair of roofing systems. It is a handheld device that produces an open flame, usually fueled by propane or a similar gas. Roofing torches are commonly employed for tasks such as heating and melting bitumen or asphalt to create a waterproof seal on roofs. This process is known as torch-down roofing.
Leister AG (Switzerland), BAK Industries (The U.S.), The Brush Man, LLC (The U.S.), Herz GmbH (Germany), FLAGRO (The U.S.), Forsthoff GmbH (Germany), Flame Engineering, Inc. (The U.S.), Guilbert EXPRESS Middle East LLC (Dubai), Superior Products, Inc. (The U.S.), and Shenzhen Joaboa Technology (China) are among the key players in the roofing torch market.
Increasing usage due to the superior benefits it provides, such as durability, easy installation, cost-effectiveness, flexibility, longer lifespan, and fire resistance among others is the prime factor driving the growth of the roofing torch market.
Roofing torch Manufacturers, Roofing torch Suppliers, Roofing torch Distributors, Organizations, and Government Bodies are the target audience in the roofing torch market.