Mexico Roofing Underlay Market Outlook | Trends, Share, Value, COVID-19 IMPACT, Companies, Revenue, Growth, Analysis, Industry, Forecast & Size

Mexico Roofing Underlay Market Synopsis

The Mexico Roofing Underlay Market is expected to witness robust growth in the forecast period of 2021-2026. This can be attributed to the increasing demand for roof insulation and waterproofing, driven by rising construction activities due to population growth and urbanization. Moreover, government initiatives and incentives for the adoption of eco-friendly building materials are likely to bolster market growth in the coming years. However, factors such as the high initial cost associated with underlayment installation could hamper market growth over the forecast period.

Drivers of the Market

Increasing Demand from Construction Activities: The Mexican roofing industry is witnessing significant development owing to rising construction activities across residential, commercial, and industrial sectors. This increase in construction is triggered by population expansion and economic conditions that have favored investment in infrastructure projects such as smart cities & green buildings which require sustainable and energy-efficient solutions including roofing underlays. Government Initiatives: The Mexican government has been providing tax exemptions on certain types of building materials used for energy efficiency purposes which include thermal insulation materials along with roof covering materials like tiles or metal sheets applied directly or indirectly upon roofs thus driving uptake of roof underlays leading to further market growth over the forecast period.

Challenges of the Market

High Initial Cost Associated With Installation: Despite having many benefits offered by these advanced products they also incur a higher cost during installation compared to conventional ones making them unaffordable particularly for low-income consumers limiting their penetration into the wider consumer segment thereby posing a challenge for market players operating in this sector.

Key Players of the Market

Major companies operating in this sector include Cosella-D?rken Products Inc., DuPont de Nemours Inc., GAF Materials Corporation, Johns Manville Corp., NCI Building Systems Inc., Owens Corning Corporation, etc. These companies offer premium quality underlayments combined with superior performance characteristics suitable for varied applications thus consolidating their foothold within residential as well as nonresidential constructions markets fueling revenue generation opportunities and consequently strengthening their overall position within global space.

Covid-19 Impact on the Market

The Covid-19 pandemic has had a major impact on the Mexico roofing underlay market. The industry was already facing stiff competition, and now the virus has presented additional challenges such as temporary closures of factories, delays in shipments and reduced demand for products due to economic uncertainty. Additionally, government restrictions have made it difficult for suppliers to operate normally. This is having an effect on production capacity as well as prices which are increasing at a rapid rate. In terms of demand, many construction projects that used roofing underlays have been postponed or canceled altogether resulting in decreased sales opportunities.

Key Highlights of the Report:

• Mexico Roofing Underlay Market Outlook
• Market Size of Mexico Roofing Underlay Market, 2021
• Forecast of Mexico Roofing Underlay Market, 2028
• Historical Data and Forecast of Mexico Roofing Underlay Revenues & Volume for the Period 2018 - 2028
• Mexico Roofing Underlay Market Trend Evolution
• Mexico Roofing Underlay Market Drivers and Challenges
• Mexico Roofing Underlay Price Trends
• Mexico Roofing Underlay Porter's Five Forces
• Mexico Roofing Underlay Industry Life Cycle
• Historical Data and Forecast of Mexico Roofing Underlay Market Revenues & Volume By Product for the Period 2018 - 2028
• Historical Data and Forecast of Mexico Roofing Underlay Market Revenues & Volume By Asphalt-saturated felt for the Period 2018 - 2028
• Historical Data and Forecast of Mexico Roofing Underlay Market Revenues & Volume By Rubberized asphalt for the Period 2018 - 2028
• Historical Data and Forecast of Mexico Roofing Underlay Market Revenues & Volume By Non-bitumen synthetic for the Period 2018 - 2028
• Historical Data and Forecast of Mexico Roofing Underlay Market Revenues & Volume By Application for the Period 2018 - 2028
• Historical Data and Forecast of Mexico Roofing Underlay Market Revenues & Volume By Residential construction for the Period 2018 - 2028
• Historical Data and Forecast of Mexico Roofing Underlay Market Revenues & Volume By Non-residential construction for the Period 2018 - 2028
• Mexico Roofing Underlay Import Export Trade Statistics
• Market Opportunity Assessment By Product
• Market Opportunity Assessment By Application
• Mexico Roofing Underlay Top Companies Market Share
• Mexico Roofing Underlay Competitive Benchmarking By Technical and Operational Parameters
• Mexico Roofing Underlay Company Profiles
• Mexico Roofing Underlay Key Strategic Recommendations

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