US Single-Ply Membrane Market Growth Analysis | 2024-2030

Market Insights

The US single-ply membrane market was valued at USD 3.7 billion in 2024 and is likely to grow at a steady CAGR of 6.4% during 2024-2030 to reach USD 5.4 billion in 2030.

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Market Dynamics

Introduction

Single-ply membrane roofing serves as a high-performance roofing solution for low-slope and flat roofs because it delivers durability alongside flexibility and energy efficiency. The roofing membrane consists of TPO, PVC, or EPDM materials, which deliver exceptional waterproofing alongside UV resistance and weather durability. The roofing material finds extensive use in commercial and industrial buildings while serving residential flat roofs, solar installations, and green roofs. The roofing system functions as an economical solution when used for both re-roofing projects and overlay installations. Modern roofing systems choose this material because it is lightweight, easy to install, and has a long service life.

Market Drivers

Key factors driving the growth of the US single-ply membrane market are:

• Growing public infrastructure investments
• Increasing demand for commercial renovations and maintenance
• Robust industrial expansion

Recent Market JVs and Acquisitions:

A considerable number of strategic alliances, including M&As, JVs, etc., have been performed over the past few years:

• In 2024, KO Commercial strengthened its market presence in New York by appointing Building Envelope Solution Technologies Inc. (BEST) and MPDL Roofing as exclusive independent sales agencies for New York City and upstate New York, respectively.
• In 2024, Kingspan's acquisition of IB Roof Systems strengthened its presence in the U.S. single-ply roofing market, expanding its product portfolio, enhancing distribution networks, and accelerating commercial and industrial roofing solutions growth.
• In 2023, Holcim's acquisition of Duro-Last enhanced its commercial roofing portfolio, strengthening its U.S. market position, expanding manufacturing capabilities, and accelerating growth in sustainable, high-performance roofing solutions for commercial and industrial applications.
• In 2023, Holcim's acquisition of Flachdach Technologie GmbH (FDT) strengthened its roofing solutions portfolio, expanding its expertise in thermoplastic roofing systems and reinforcing its position in the European market for sustainable and high-performance roofing materials.

Segments Analysis

By Membrane Type

“Reinforced membranes to lead due to durability and maintain its dominance.”

The US single-ply membrane market is segmented into reinforced membrane and unreinforced membrane. Reinforced membranes dominate due to their superior durability and structural integrity, while unreinforced variants cater to niche applications requiring flexibility and lightweight properties. Both segments contribute to market growth, with reinforced membranes maintaining a strong foothold across diverse industries.

By Product Type

“TPO is expected to remain the dominant product type in the market during the forecast period.”

The US single-ply membrane market is segmented into PVC, TPO, EPDM, bitumen, and other product types. TPO dominates the single-ply membrane market, while PVC sees steady growth. Market expansion is driven by rising demand for cool roof solutions, highlighting a shift toward energy-efficient and cost-effective waterproofing technologies across commercial and industrial applications.

By End-Use Type

“Non-residential category is expected to remain the dominant end-use type of the market during the forecast period.”

The market is segmented into residential, non-residential, and infrastructure. The non-residential category is poised to maintain a significant share, driven by ongoing development and renovation projects, while the residential segment is expected to sustain its dominance throughout the forecast period.

By Construction-Use Type

“New construction dominates due to aging infrastructure, while renovation grows with commercial demand throughout the forecast period.”

The market is segmented into new construction and renovation. New construction sees steady growth, supported by rising commercial projects and stricter building codes emphasizing sustainable and durable roofing systems. Meanwhile, the renovation segment dominates the single-ply membrane market, driven by aging infrastructure, energy efficiency upgrades, and cost-effective retrofitting solutions.

Key Players

The market is highly fragmented, with over 50 players. Most of the major players compete in some of the governing factors, including price, service offerings, regional presence, etc. The following are the key players in the US single-ply membrane market. Some of the major players provide a complete range of services, including products.

Here is the list of the Top Players (Alphabetically Arranged)

• Carlisle Companies Incorporated
• CertainTeed
• Holcim Ltd
• IKO Industries Ltd.
• Johns Manville Corporation
• Kingspan Group plc
• Sika AG
• SOPREMA Group
• Standard Industries Inc.
• Tremco Incorporated

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 so that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market. The following are the key features of the report:

• Market structure: Overview, industry life cycle analysis, supply chain analysis.
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
• Market trend and forecast analysis.
• Market segment trend and forecast.
• Competitive landscape and dynamics: Market share, Service portfolio, New Product Launches, etc.
• COVID-19 impact and its recovery curve.
• Attractive market segments and associated growth opportunities.
• Emerging trends.
• Strategic growth opportunities for existing and new players.
• Key success factors.

Market Segmentation

This report studies the market, covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities present in the market.

The US single-ply membrane market is segmented into the following categories.

By Membrane Type

• Reinforced Membrane
• Unreinforced Membrane

By Product Type

• PVC
• TPO
• EPDM
• Other Product Types

By End-Use Type

• Residential
• Non-residential
• Infrastructure

By Construction Type

• New Construction
• Renovation 

Research Methodology

This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s US single-ply membrane market realities and future market possibilities for the forecast period of 2024 to 2030. After a continuous interest in our US single-ply membrane market report from the industry stakeholders, we have tried to further accentuate our research scope to the US single-ply membrane market to provide the most crystal-clear picture of the market. The report segments and analyses the market in the most detailed manner to provide a panoramic view of the market. The vital data/information provided in the report can play a crucial role for the market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate the growth strategies to expedite their growth process.

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 1000 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 15 detailed primary interviews with the market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to three players)
• SWOT analysis of key players (up to three players)

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Service portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview Research offers custom research services across industries. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com