EPDM (Ethylene Propylene Diene Monomer) cooling roof built with EPDM wallboard for heat insulation
Market Overview
Provides effective thermal protection and energy efficiency for buildings
Supports sustainable building practices and reduces energy consumption
Increasing awareness of energy efficiency driving market expansion globally
Market Value & Growth Projections
Market Statistics:
Global market valued at USD 937.60 million in 2023
Projected to reach USD 1889.94 million by 2032
Strong CAGR of 8.10% during forecast period
North America market: USD 279.41 million in 2023 (CAGR 6.94%)
Key Market Drivers:
Increasing awareness about energy efficiency and sustainability
Government initiatives promoting green building practices
Enhanced building performance and reduced energy costs
Growing urbanization and infrastructure development
Retrofitting existing buildings with energyefficient solutions
Key Market Players
Carlisle
Renolit
Sika
Owens Corning
Regional Market Analysis
North America: USD 279.41 million in 2023 (CAGR 6.94%); Driven by energy-efficient roofing demand and government initiatives; USA, Canada, Mexico are key markets
Europe: Steady growth with emphasis on green building initiatives; Key players include Soprema Group and Renolit
Asia-Pacific: Promising growth prospects in China and Japan; Driven by rapid urbanization and infrastructure development
Middle East & Africa: Growth fueled by investments in commercial and residential construction; Increasing demand for sustainable roofing solutions
South & Central America: Emerging market with expanding presence of key players
