Roofing Market to 2027 - Global Analysis and Forecasts by Type of Materials (Asphalt & Shingles, Clay & Concrete Tiles, Metal, Slate, Wood Shingles & Shake and Synthetic Roofing); Type of Roofing (Low-Slope and Steep-Slope); and End User (Residential, Commercial and Industrial)
Roofing or roof is an uppermost cover of building provide protection from direct effects of climate like rain, heat, snow. Constructed from different types of material depending upon their properties such as life span, weight, aesthetic and many more.
Construction of buildings is increasing day-by-day and leading to urbanization, which in result there is a growing demand for more roofing materials.
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Key Companies : Owens Corning, Johns Manville (Berkshire Hathaway), Atlas Roofing Corporation, The Dow Chemical Company, Saint-Gobain S.A., Wienerberger AG, Duro-Last, Inc., Etex, Carlisle Companies Inc. and Eagle Roofing among others.
Factors restraining market is investing in metal, slate and tile roofing material is relatively high, heavy and needs specialized installation and also requires additional framing. Whereas, synthetic material are not water-resistant and can absorb water.
Apart from this, demand for more natural material such as rubber, plastic, polymer is rising as they are eco-friendly also showcase aesthetic look in terms of texture, appearance, finishing. Also, they are cost effective and require less maintenance which will give more create opportunities for the market.
As leading companies in Roofing Market continues to broaden their addressable market, by expanding its current product portfolio, diversifying its client base, and developing new applications and markets, all the prominent players faces an increasing level of competition, both from start-ups as well the leading global technology and industrial companies in the world.
Various companies in the value chain are acquiring other local players and operating through joint ventures with retailers in the market to maintain their position in market and provide efficient solutions to its customers.
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Reason to access
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Roofing Market
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the Roofing Market, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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