According to Value Market Research, the global Roofing Market is expected to register a CAGR of 5.0% between 2018-2024 growing from USD 150 Billion in 2017 to USD 250 Billion by 2024. This syndicate report provides informative data and enlightens on the critical aspect of the market such as market size, share, growth, trends and market outlook on a global as well as regional level. In addition to this, the report also provides authentic information that supports the business to achieve their business goal. Further, this report also covers key players with their market share and analyzes the strategic development adopted by the industry players.
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the roofing market includes Atlas Roofing Corporation, Beacon Roofing Supply, Inc., Brass Monier Building Group, Carlisle, Duro-Last, Inc., Etex, Owens Corning, Saint-Gobain, and Wienerberger AG. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
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The main driver of the roofing market is growing construction sectors across the globe. Ongoing urbanization and industrialization is another major factor serving as a key driver. Moreover, refurbishment of old existing infrastructure in developing countries is further augmenting the market growth. The advent of environmentally oriented roofing system along with the innovation in roofing system is likely to provide new growth opportunity to the market. However, the high cost associated with the advanced roofing material is likely to curb the growth of the market.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of roofing.
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The broad roofing market has been sub-grouped into product type and application. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
By Product Type
- Bituminous Roofing
- Metal Roofing
- Tile Roofing
- Others (RCC and Plastics)
Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for roofing in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
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