The global demand for Roofing Systems Market is presumed to reach the market size of nearly USD XX MN by 2027 from USD XX MN in 2020 with a CAGR of XX% under the study period of 2021 - 2027. Regarding volume, the market was calculated XX Square Meters in 2020 and forecast to touch XX Square Meters by 2027 with a CAGR of XX% during 2021-2027.
A roofing system consists of different components to cover and protect a home or building to protect it from exterior elements. Roofing is an essential component of any system. Asphalt roof shingles, rubber membrane roofing systems, clay tile roofing systems, metal roofing systems, composite and rubber roofing systems, and solar tile roofing systems are some kinds of roofing systems. Some roofing systems include energy-saving lights and fans. Energy-efficient roofing systems are appealing, long-lasting, and dependable for any modern structure. Unlike traditional roofing, these roofs have numerous advantages. Green roofing, solar roofing, and other roofing concepts raise the standard of living. Some of the advantages of having these new roofs are safety, air cooling, ventilation, and aesthetic improvements.
The roofing system market is primarily dominated by rising infrastructure development. The construction of a contemporary structure has a favorable effect on the roofing industry.A modern, appealing, and effective roof can improve the structure's overall design. Other factors boosting demand in the roofing industry are modular construction, smart building construction, and building automation construction. Furthermore, the versatility offered by the roofing system is drawing consumers' attention, consequently bolstering the market development. The fluctuating installation cost of roofing systems that varies according to the design and quality of the roofs is a substantial hindrance to the market growth. Moreover, a lack of understanding regarding the cost of deploying a new roofing system is another hurdle to the market growth.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of roofing systems. The growth and trends of Roofing Systems Industry provide a holistic approach to this study.
This section of the roofing systems market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Construction Type
- Shingles & Plates
By End Use
- New Constructions
- Reform Construction
This section covers the regional outlook, which accentuates current and future demand for the Roofing Systems market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Roofing Systems Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the roofing systems market include Etex Group NV, Owens Corning, Braas Monier Building Group SA, Henry, GAF, Versico, Classic, IB Roof Systems, Butler, Metal Roofing Systems, CentiMark, TSP Roof Systems, Inc. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information based on primary and secondary research. Secondary research has been done using various sources, including (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications. Additionally, our team conducts extensive primary research with key industry participants to gather first-hand data. The data is then analyzed and validated by industry experts.
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