Roofing Materials Industry Forecasts Till, 2022 - 2030

-

The global roofing materials market is expected to reach USD 171.25 billion by 2030, registering a CAGR of 4.0% from 2022 to 2030, as per a new report by Grand View Research Inc. Increasing investments in the renovation and redevelopment of residential and non-residential buildings are expected to drive the market growth.

Roofing Materials Market Segmentation

Grand View Research has segmented the global roofing materials market on the basis of product, application, and region:

Based on the Product Insights, the market is segmented into Asphalt Shingles, Concrete & Clay Tile Roofs, Metal Roofs, Plastic Roofs and Others.

  • Concrete and clay tiles product segment led the market and accounted for more than 29% share of the global revenue in 2021.
  • Asphalt shingles segment is projected to register a CAGR of 4.1% in terms of value over the forecast period.
  • In 2021, the metal roof segment held a share of 22.4% of the overall market in terms of revenue.
  • The plastic roof segment is anticipated to grow at a CAGR of 2.6% over the forecast period owing to advantages such as ease of installation, and low maintenance.

Based on the Application Insights, the market is segmented into Residential and Non-residential.

  • Residential application segment led the market and accounted for more than 55% of the global revenue share in 2021.
  • Factors such as the increasing global population and rising preference of consumers for single-family housing structures are anticipated to fuel the growth of residential segment of roofing materials market during the forecast period.
  • Evolving business models, new startups, and increased need for office spaces are expected to drive the global demand for non-residential buildings.
  • Furthermore, rising expenditures in the construction of data centers by major technological companies like as Microsoft, Google, and Amazon are expected to boost demand for roofing materials used in non-residential structures.

Roofing MaterialsRegional Outlook

  • North America
  • Europe
  • Asia Pacific
  • Central & South America
  • MEA

Key Companies Profile& Market Share Insights

The global market is characterized by the presence of various small- and large-scale vendors, resulting in a moderate level of concentration in the market. The surging requirement for reliable and precise roofing solutions is fueling the growth of market.

Some prominent players in the Roofing Materials market include

  • GAF Materials Corporation
  • Atlas Roofing Corporation
  • Owens Corning
  • TAMKO Building Products, Inc.
  • CSR Ltd.
  • Carlisle Companies Inc.
  • Crown Building Products LLC
  • Metal Sales Manufacturing Corporation
  • Wienerberger AG
  • Etex
  • CertainTeed Corporation
  • Johns Manville
  • Fletcher Building Limited
  • Eagle Roofing Products
  • Boral Roofing

Order a free sample PDF of the Roofing Materials Market Intelligence Study, published by Grand View Research.

Comments

Post a Comment

Popular posts from this blog

Global Differential Thermal Analyzer Industry Sales & Share by Company, 2019 - 2024

-
The 'Global Differential Thermal Analyzer (DTA) Market Outlook 2019-2024' offers detailed coverage of differential thermal analyzer industry and presents main market trends. The market research gives historical and forecast market size, demand, end-use details, price trends, and company shares of the leading differential thermal analyzer producers to provide exhaustive coverage of the market for differential thermal analyzer. The report segments the market and forecasts its size, by volume and value, on the basis of application, by products, and by geography. Download free sample copy of "Global Differential Thermal Analyzer (DTA) Market" report @  https://www.radiantinsights.com/research/global-differential-thermal-analyzer-dta-market-outlook-2019-2024/request-sample The report has been prepared based on an in-depth market analysis with inputs from key industry participants. The global differential thermal analyzer market has been segmented into five major regi...
Read more

Global Incident Response System Market Key factors of long term success

-
Incident Response System market, analyzes and researches the Incident Response System development status and forecast in United States, EU, Japan, China, India and Southeast Asia.  Get free request sample copy @  https://www.radiantinsights.com/research/global-incident-response-system-market-size-status-and-forecast-2022/request-sample This report focuses on the top players in global market, like •  Amazon.com • Cisco • ESRI • Honeywell • IBM • Lockheed Martin • Rockwell Collins • Acronis • Asigra • Fujitsu • Nasuni • NetApp • DFLabs • Hexadite • FireEye • HP • Veritas Technologies • Commvault Market segment by Regions/Countries, this report covers • United States • EU • Japan • China • India • Southeast Asia Market segment by Type, Incident Response System can be split into • Geospatial Technologies • Backup and Disaster Recovery Solutions • Threat Management Systems • Surveillance Systems Market segment...
Read more

Robotic General Surgery Market Share And Industry Trends, Forecasts Till, 2023 to 2028: Innovation Market Research

-
Innovation Market Research, offers a comprehensive analysis of key market trends in the global  Robotic General Surgery market . It also includes discussion on historical trends, current market status, competitive landscape, growth opportunities and challenges which are backed by factful feedbacks. Global markets continue to sink as the coronavirus spreads, reaching over 200 countries in total by the end of March. Now the outbreak continued to grow, as the number of cases in USA, Italy, Spain, Germany, France all spiked, Europe and USA have now become the epicenter of the outbreak, Cases in China appear have steadied in April, but there’s growing concern about the overall impact to the global market. In China market, which experienced a difficult 2019 due to slowing domestic consumption and the impact of the Sino-US trade war, is once again facing more disruption and uncertainty at the hands of the coronavirus pandemic. Sales and consumption all fell in the first quarter of 2020, c...
Read more