Global Roofing Market is Growing due to Increasing Construction Activities

Roofing Market is estimated to reach an estimated valuation of USD 285.25 billion by 2027while grow at 5.0% for 2020-2027 with factors such as high cost of implementation along with low market penetration will hinder the growth of the market in emerging economies.

Roofingmarket has shown an exceptional penetration in developed economies in North America. Increasing construction of green buildings and rising initiatives regarding energy conservation will uplift the growth of the market.

Roofing Market Scenario

According to Data Bridge Market Research the roofing market is witnessing a stagnant growth in developing economies during the forecast period of 2020-2027 due to factors such as rising need of energy efficient and environment friendly roofing material, rising demand of laser printing along with surging number of construction activities which will help in boosting the growth of the market.

Now the question arises which are the other regions that roofing market is targeting? Data Bridge Market Research has estimated a large growth in Asia-Pacificroofing market and the market leaders targeting China, India and Taiwan to be their next revenue pockets for 2020. The Data bridge market research new reports highlight the major growth factors and opportunities in the roofing market.

For more analysis on the roofing market request for a briefing with our analysts

Roofing Market Development in 2019

  • In October 2019, Tesla announced the launch of solar roof tiles which help to increase the performance and it will for 30 yearswhile used for commercial as well for residential purpose.

Scope of the Roofing Market

Roofing market is segmented on the basis of countries into U.S., Canada, Mexico in North America, Brazil, Argentina, Rest of South America as a part of South America, Germany, France, U.K., Italy, Spain, Netherlands, Belgium, Russia, Turkey, Switzerland, Rest of Europe in Europe, China, Japan, India, Australia, Singapore, Thailand, Malaysia, South Korea, Indonesia, Philippines, Rest of Asia-Pacific (APAC)as a part of Asia-Pacific (APAC), U.A.E, Egypt, Saudi Arabia, South Africa, Israel,  Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).

  • All country based analysis of the roofing market is further analyzed based on maximum granularity into further segmentation. On the basis of type, the market is segmented into materials and chemicals. Based on product, the market is segmented into asphalt shingles, concrete& clay tile roof, metal roofs, elastomers & plastic roofs, tile roofs, bituminous roof and others. The applications covered for the report areresidential, commercial, non-residential and others.
  • Roofing is a type of material used in the production of roofs such as metal roofs, tile roof, concrete and clay tile roof, elastomer & plastic roofs and others. It is widely used in various applications of commercial, residential, non-residential and others.

To know more about the study

Key Pointers Covered in the Roofing MarketIndustry Trends and Forecast to 2027

  • Market Size
  • Market New Sales Volumes
  • Market Replacement Sales Volumes
  • Market By Brands
  • Market Procedure Volumes
  • Market Product Price Analysis
  • Market Regulatory Framework and Changes
  • Market Shares in Different Regions
  • Recent Developments for Market Competitors
  • Market Upcoming Applications
  • Market Innovators Study

Key Market Competitors Covered in the report

  • Atlas Roofing Corporation
  • Duro-Last, Inc.
  • 3M
  • Dow
  • Owens Corning
  • Johns Manville
  • GAF
  • BMI Group
  • Sika AG
  • Siplast
  • pH plastics
  • Kingspan Group
  • IKO Polymeric
  • Godfrey Roofing Inc.
  • ARCAT, Inc.
  • Exodus IspatPvt Ltd.
  • Raj Roofing Company
  • Asphalt Roofing Manufacturers Association

Above are the key players covered in the report, to know about more and exhaustive list of Roofing companies contact us

Research Methodology: Global Roofing Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and estimated using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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