Roofing Market Current And Projected Industry Size In Terms Of Volume And Value 2019-2027

The Global Roofing Market is projected to reach a value of over USD 133.6 billion by 2027 at a CAGR of around 4.7%.

Roofing is a vital part of building envelop which protects from natural elements and climatic conditions. They are generally supported by the underlying structure, while sometimes are self-supporting. The outer layer of the roof depends on the availability of material and the nature of the supporting structure. Fiberglass, clay, sand, ceramic, ceramic coated granules, and polycarbonate are some of the basic roofing materials used in construction. Various characteristics such as durability, longevity, energy & cost efficiency, and others are offered by roof which is quality build and well maintained.

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Roofing Market: Drivers & Opportrunities

Market Driver:

  • Rise in Construction Activities

Rising population results in growing urbanization as well as industrialization is a key factor behind the growing construction activities across the globe. Increasing foreign direct investment (FDI) in construction in emerging nations coupled with supportive government regulations and policies has expected to fuel the growth of the market.  According to the United Nations Conference on Trade and Development (UNCTD), USD 62 billion were invested by FDI in 276 greenfield projects across the globe. Moreover, governments of different countres across the globe are promoting and developing construction & infrastructure sectors. However, due to the ongoing COVID-19 pandemic in 2020 has affected by the suspension of construction activities across the impacted economies. Thus, rising construction activities has expected to drive the growth of the roofing market during the forecasted period.

Market Opportunity:

  • Rising Need for Energy Efficient Roofing

Energy-efficient roofing includes cool roofs and green roofs offers various benefits such as lower air temperature, cost efficiency, lower peak electricity demand, increasing lifespan of roof, lower long term maintenance cost, and provides insulation. Moreover, they help to reduce power plant emissions including carbon dioxide, nitrous oxide, and mercury by reducing cooling energy used in the building.  Thus, benefits offered by energy-efficient roofs has resulted its incorporation it in various new construction activities has anticipated to act as a key opportunity for the roofing market.

Roofing Market: Key Segments

  • Segmentation based on product type: Asphalt Shingles, Concrete & Clay Tiles, Metal, Plastic, and Others.
  • Segmentation based on application: Residential, Commercial, and Industrial.
  • Segmentation based on region covers: North America, Europe, Asia-Pacific, Middle East & Africa and South America with individual country-level analysis.

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List of the leading companies operating in the Global Roofing Market include:

  • Atlas Roofing Corporation (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
  • Sika AG
  • BMI Group
  • Carlisle Construction Materials
  • Duro-Last, Inc.
  • Etex Group
  • Firestone Building Products Company, LLC
  • GAF
  • North American Roofing Services, Inc.
  • Owens Corning
  • TAMKO Building Products LLC
  • Wienerberger AG
  • Johns Manville
  • Garland Industries, Inc.

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Global Roofing Market by Region

·         Asia-Pacific (China, Japan, South Korea, India, Taiwan, Rest of Asia-Pacific)

·         North America (US, Canada, Mexico)

·         Europe (Germany, Russia, France, Italy, UK, Spain, The Netherlands, Rest of Europe)

·         Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East & Africa)

·         South America (Brazil, Argentina, Rest of South America)

Table of Content:

    1. Research Objectives
    2. Market Definition
    3. Research Scope
    4. Regional Coverage
    5. Research Timeline
    6. Assumptions
    7. Limitations
    1. Introduction
    2. Primary Research
      1. Key Industry Expert Insight
    3. Secondary Research
      1. Vital Data from Secondary Sources
    4. Market Size Estimation
    5. Data Validation & Triangulation
    1. Introduction
    2. Drivers
      1. Rise in Construction Activities
      2. Increase in Use Synthetic Roofing Product
    3. Restraint
      1. Fluctuating Raw Material Prices
    4. Opportunities
      1. Need for Energy Efficient Roofs
    5. Challenges
      1. Low Market Penetration
    1. Introduction
      1. Power of Buyers
      2. Power of Suppliers
      3. Intensity of Competition
      4. Challenges of Substitutes
      5. Challenges of New Entrants
    2. Macro-Economic Indicators
  6. GLOBAL ROOFING MARKET BY PRODUCT TYPE, Market Size in USD Million (2019-2027)
    1. Introduction
    2. Asphalt Shingles
    3. Concrete & Clay Tiles
    4. Metal
    5. Plastic
    6. Others
  7. GLOBAL ROOFING MARKET BY APPLICATION, Market Size in USD Million (2019-2027)
    1. Introduction
    2. Residential
    3. Commercial
    4. Industrial
  8. GLOBAL ROOFING MARKET BY REGION, Market Size in USD Million (2019-2027)
    1. North America
      1. US
      2. Canada
      3. Mexico
    2. Europe
      1. Germany
      2. France
      3. Italy
      4. UK
      5. Russia
      6. Rest of Europe
    3. Asia-Pacific
      1. China
      2. India
      3. Japan
      4. South Korea
      5. Rest of Asia-Pacific
    4. Middle East and Africa
      1. Saudi Arabia
      2. UAE
      3. Rest of Middle East and Africa
    5. South America
      1. Brazil
      2. Argentina
      3. Rest of South America
    1. Introduction
    2. Market Ranking/Share Analysis of Key Companies
    3. Company Benchmarking
    1. Atlas Roofing Corporation
      1. Company Overview
      2. Financial Overview
      3. Products/Solutions/Services Offered
      4. Key Developments
    2. Sika AG
    3. BMI Group
    4. Carlisle Construction Materials
    6. Duro-Last, Inc.
    7. Etex Group
    8. Firestone Building Products Company, LLC
    9. GAF
    10. North American Roofing Services, Inc.
    11. Owens Corning
    12. TAMKO Building Products LLC
    13. Wienerberger AG
    14. Johns Manville
    15. Garland Industries, Inc.
    16. Other Key Companies
    1. Key Industry Expert Insights
    2. Primary Discussion Guide
    3. Customization Options

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