This review is based on a recent market research report published by Transparency Market Research, titled “Roofing Underlying Materials Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2016–2024.” Transparency Market Research states that the global roofing underlying materials market will expand at a healthy 5.5% CAGR over the period between 2016 and 2024. The market held an opportunity of US$27.99 bn in 2015 and is expected to rise to US$45.16 bn by 2024. In terms of product type, the segment of non-bitumen synthetic roofing underlying materials accounted for a share of over 35% in terms of volume in the global market in 2015. This segment is also expected to remain the dominant product segment from 2016 to 2024. In terms of application, the non-residential sector dominated in 2015, accounting for nearly 44% in the global market in 2015.
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