Roofing materials are used in roof designing and shed designing. The roofing materials are very important in the construction of buildings as they help in keeping the structure cool and leak proof. Some roof types such as sunlight roofing are gaining popularity. Thatch and slate are the natural roofing materials that are being decorating the outer layer of building. The roofing materials might be positioned on top of a secondary water-resistant element called underlayment. This helps in keeping the roof stable and long lasting.
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Increase in sustainable construction projects, which emphasize on the use of environmentally friendly materials, is expected to boost the growth of the global roofing materials market. In addition, some of the other factors that drive the growth of the market include rapid urbanization and industrialization, which leads to increase in number of construction activities in the emerging markets and rise in demand from commercial, residential, and non-residential sectors. However, high installation cost of tiling system materials is expected to hamper the growth of the global roofing materials market. Moreover, rise in demand for roofing and re-roofing activities over the globe is anticipated to offer lucrative growth opportunity for the roofing materials market growth.
The global roofing materials market is segmented on the basis of product, application, and region. Based on product, the market is divided into tile, metal, plastic, clay & concrete tiles, asphalt shingles, and others. By applications, it is bifurcated into residential and non-residential. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
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Some of the main market players operating in the global roofing materials market include Certainteed, Etex, TAMKO Building Products LLC, GAF, SAINT-GOBAIN, Fletcher Building, Sika AG, Owens Corning, Braas Monier Building Group, and Johns Manville.
Key Benefits for Stakeholders:
The roofing materials market size has been analyzed across all regions.
Porter’s five force analysis helps analyze the potential of buyers & suppliers and the competitive scenario of the industry for strategy building.
The report outlines the current market trends and future scenario of the market to understand the prevailing opportunities and potential investment pockets.
The roofing materials market is forecasted.
Major countries in the region have been mapped according to their individual revenue contribution to the regional market.
The key drivers, restraints, and market opportunities and their detailed impact analysis are elucidated in the study.
The roofing materials market analysis covers in-depth information of major industry participants.
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