Roofing Materials Market is Predicted to Grow at Approximately 4.10% By 2030

Pune, India, July 5, 2017 /MRFR Press Release/- Market research future published a half-cooked research report on the global roofing materials market. The market for global roofing materials market is expected to grow over the CAGR of around 3 % during the period 2021 to 2030

Market Highlights

The roofing materials market is majorly driven by the increase in investments in real estate, especially by the development of new commercial buildings such as hotels and shopping malls. The growth in construction and renovation activities is adding to the growth. The development of energy-efficient cool roofs and the increase in the use of eco-friendly materials for the roofing of residential & non-residential infrastructure are other growth drivers of the global roofing materials market.

Drivers

Market Research Analysis

Based on all types of products, the roofing materials market has been segmented as Tile Roofs, Metal Roofs, Plastic Roofs and Others. The Tile roof segment is expected to grow the highest during the forecast period. The Tile roofs perform better during harsh weather conditions than other products. A tile roof works well as an insulator, which helps to keep the constructions warm in winter and cool in summer. Tile roofs are also fire-proof and have the ability to resist damage caused by hurricanes, earthquakes, and other extreme weather conditions.

Based on applications, the roofing materials market has been segmented as residential and non-residential. The residential segment is expected to grow the fastest during the forecast period. The growth can be attributed to the construction and renovation activities of residences, across developing nations. The non-residential segment is expected to grow due to factors such as the increasing manufacturing facilities and the ongoing industrial developments across the world.   

Global Roofing materials market  

Scope of the ReportThis study provides an overview of the global roofing materials market, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume, and share for North America, Europe, Asia Pacific (APAC), and the Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global roofing materials market by its product, application, and region. 

• Tile Roof


• Metal Roof


• Plastic Roof


• Others 

• Residential


• Non-Residential 

• North America 


• Asia Pacific 


• Europe


• Rest of the World 

Key PlayersThe key players of global roofing materials market report include GAF Materials Corporation (U.S.), Atlas Roofing Corporation (U.S.), CertainTeed Corporation (U.S.), Owens Corning Corp.(U.S.), Braas Monier Building Group S.A. (Europe), Etex (Belgium), Fletcher Building Limited (New Zealand), TAMKO Building Products, Inc. (U.S.), Icopal Holding Aps (Denmark), North American Roofing (U.S.) and others. Access Full Report Details - Roofing Materials Market Share