As per this study, the global roofing market was valued at USD XX Billion (by revenue) in 2021 and is anticipated to reach USD XX Billion by 2027 with a CAGR of XX%. By volume, the market was estimated at XX Million Square Meter in 2021 and is expected to reach XX Million Square Meter by 2027 with a CAGR of XX%.
Roofing is a part of building envelope and is important in construction as they provide protection against natural elements such as rain, heat and other atmospheric condition. Basically, roofing used primarily to shelter a building from the rain. Ceramic coated granules, fiberglass, Bitumen, clay, sand, concrete, and polycarbonate are the basic construction roofing material for construction of the residential and commercial building.
Objectives of the Study:
- Define and measure the global roofing market
- Volume and revenue forecast of the global roofing market and its various sub-segments with respect to main geographies
- Analyze and identify major market trends along with the factors driving or inhibiting the market growth
- Study the company profiles of the major market players with their market share
- Analyze competitive developments
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.
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.
Global Roofing Market Share by Region (Representative Graph)
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.
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.