Roofing Market

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Roofing Market
Opportunities and Forecasts, 2014- 2022
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ROOFING MARKET
Although high installation cost and lack of
awareness regarding the long-term benefits of
roofing systems are some factors, hindering the
growth of roofing products, continuous innovation
and rise in growth of building and construction
sector provides a great potential for market
expansion





Deepankar Bose
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The global market for roofing industry was
valued at 67,218 million in 2015 and is expected
to reach 101,483 million by 2022, growing at a
CAGR of 6.2 from 2016 to 2022, according to a
new report published by Allied Market
Research.Asia-Pacific generated the highest
revenue in 2015, and is expected to maintain its
lead, followed by North America and
Europe. Roofing products witnessed a higher
demand owing to longer life span, easy
installation, and availability of eco-friendly
roofing materials. Moreover, technological
advancements such as introduction of green
roofing, which protects the buildings from direct
solar heat in summers and minimizes heat loss in
winters through added insulation on the roof, has
further strengthened the market growth. In
addition, booming construction industry in the
developing countries such as India, China, and
Brazil is expected to increase the demand for
roofing products. Read more at
https//www.alliedmarketresearch.com/roofing-marke
t
ROOFING MARKET OVERVIEW
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Top Impacting factors 
ROOFING MARKET TOP IMPACTING FACTOR
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ROOFING MARKET KEY BENEFITS This report provides
an in-depth analysis of the global roofing market
size with current trends and future estimations
to elucidate the potential investment
pockets. The report provides a quantitative
analysis from 2014 to 2022 to enable the stake
holders to capitalize on prevailing market
opportunities. The current trends and future
forecasts aid to determine the overall market
potential and single out profitable
trends. Recent developments, key players, and
market shares are listed in the report to study
the competitive scenario of the market. Porters
Five Forces model illustrates the potency of the
buyers and suppliers.
ROOFING MARKET KEY BENEFITS
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ROOFING MARKET SEGMENTATION
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Key Findings of Roofing Market In 2015,
bituminous roofing accounted for the maximum
market revenue, and is projected to grow at a
CAGR of 6.6 during the forecast
period. Residential application segment is
expected to grow at a significant CAGR of 7.5,
owing to the increase in disposable income and
new product developments. China is the major
shareholder in the Asia-Pacific roofing industry,
accounting for around 44.6 share in 2015. This
growth is attributed to rise in building
construction expenditures. In 2015, commercial
application accounted for the highest market
share in roofing industry accounted for around
37.2 and is projected to grow at a CAGR of 5.7
during the forecast period. The U.S. accounts
for the largest customer base in North America
roofing market in 2015, and is expected to
maintain its dominance throughout the forecast
period. 
ROOFING MARKET KEY FINDINGS
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Roofing market analysis has been done in the
report on the basis of various segmentations
which includes various segments. Major types of
roofing products included in the report are
bituminous roofing, metal roofing, tile roofing,
and others (Plastic RCC roofing). Bituminous
roofing constituted the highest market share over
46.5 in 2015 owing to increased demand in
residential and commercial buildings,
technological innovations, and high
durability. Roofing products are used in various
applications such as residential buildings,
commercial buildings, and others. Commercial
buildings accounted for the largest market share
in roofing industryaround 37.2 in 2015.
Increased adoption of modern roofing materials
such as bitumen, tile, metal, and others have
changed the commercial construction such as
industrial buildings in the last two decades. In
addition, increase in migration of population in
Europe has created the need for commercial
construction, thereby boosting the demand for
roofing products. Request for Sample Report
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sample/1881
ROOFING MARKET
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Key Players Owens Corning Brass Monier Building
Group Etex Saint-Gobain Wienerberger AG Beacon
Roofing Supply, Inc. Atlas Roofing
Corporation Duro-Last, Inc. Carlisle 
KEY PLAYERS IN INDUSTRY
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ROOFING MARKET BY GEOGRAPHY
North America Europe Asia-Pacific LAMEA
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ROOFING MARKET
 
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t
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