Global Roofing Materials Market increase in demand from residential, non-residential and commercial sectors in the emerging economies
Global Roofing materials market Information by Product (Tile Roof, Metal Roof, Plastic Roof, Others), By Application (Residential, Non-Residential) and By Region – Forecast To 2023
Pune, India – July 7, 2017 /MarketersMedia/ —
The roofing materials market is majorly driven by the increase in the investments in real-estate, especially by the developments of the 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 use of eco-friendly materials for the roofing of residential & non-residential infrastructure, are other growth drivers of the global roofing materials market.
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Based on all types of products, the roofing materials market has been segmented as Tile Roof, Metal Roof, Plastic Roof 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. Tile roof works well as an insulator, which helps to keep the constructions warm in winter and cool in summers. 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.
This 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 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.
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By product
• Tile Roof
• Metal Roof
• Plastic Roof
• Others
By application
• Residential
• Non-Residential
By Region
• North America
• Asia Pacific
• Europe
• Rest of the World
Key Players
• 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.)
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The report for Global Roofing materials market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
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Source: MarketersMedia
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