MARKET INTRODUCTION
Roofing material is the outer layer on the roof of a residential and non-residencial building. This material is sometimes self-supporting but generally supported by an underlying structure. Roofing material provides shelter from the natural elements. The outer layer of a roof shows great variation dependent upon availability of material, and the nature of the supporting structure. A wide variety of roofing materials are commercially available, depending on the structural, aesthetic, and economic requirements of consumers. Over the past few years, roofing structures have appeared as an architectural trademark.
MARKET DYNAMICS
The roofing materials market has witnessed significant growth owing to factors such as increasing product application in residential and commercial construction activities coupled with growing demand from non-residential sectors of developing regions such as China, India, Indonesia, Malaysia, and Brazil. Moreover, rising focus on the construction of green and energy-efficient buildings provides a huge market opportunity for the key players operating in the roofing materials market. However, high cost-sensitive features of roofing material is projected to hamper the overall growth of the roofing materials market.
MARKET SCOPE
The "Global Roofing Materials Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the roofing materials market with detailed market segmentation by category, resin type, backing material, application, and end-use industry and geography. The global roofing materials market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading roofing materials market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global roofing materials market is segmented on the basis of product and application. On the basis of product, the roofing materials market is segmented into asphalt shingles, concrete and clay tiles, metal roofs, plastics, and others. Based on application the global roofing materials market is divided into residential and non-residential.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global roofing materials market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The roofing materials market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the roofing materials market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the roofing materials market in these regions.
MARKET PLAYERS
The reports cover key developments in the roofing materials market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from roofing materials market are anticipated to lucrative growth opportunities in the future with the rising demand for Roofing materials in the global market. Below mentioned is the list of few companies engaged in the Roofing materials market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the roofing materials market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Atlas Roofing Corporation
- BMI Group
- Boral Roofing
- Carlisle Construction Materials
- CertainTeed
- Etex
- Euroshield Roofing & G.E.M. Inc.
- GAF
- Johns Manville
- Owens Corning
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.