Roofing Market | Global Analysis Report 2017-2024 by Product Type & Application

According to the global Roofing Market report published by Value Market Research, the market is expected to touch USD 250 Billion by 2024, with a CAGR of 5.0% growing from USD 150 Billion in 2017. This is a tailored made research service providing informative data and various critical aspects of the market such as market outlook, market share, growth, and trends. Further, the report also offers evidence-based information that helps to transform clients business and achieve their business goals. Moreover, the report also highlights the key strategy of top players. Additionally, this report covers a wide spectrum of services such as the latest technology trend, market opportunity analysis, and competitive landscape.

The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the roofing market includes Atlas Roofing Corporation, Beacon Roofing Supply, Inc., Brass Monier Building Group, Carlisle, Duro-Last, Inc., Etex, Owens Corning, Saint-Gobain, and Wienerberger AG. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.

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Market Dynamics

The main driver of the roofing market is growing construction sectors across the globe. Ongoing urbanization and industrialization is another major factor serving as a key driver. Moreover, refurbishment of old existing infrastructure in developing countries is further augmenting the market growth. The advent of environmentally oriented roofing system along with the innovation in roofing system is likely to provide new growth opportunity to the market. However, the high cost associated with the advanced roofing material is likely to curb the growth of the market.

This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of roofing.

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Market Segmentation

The broad roofing market has been sub-grouped into product type and application. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.

By Product Type
• Bituminous Roofing
• Metal Roofing
• Tile Roofing
• Others (RCC and Plastics)

By Application
• Residential
• Commercial
• Others

Regional Analysis

Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for roofing in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.

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This release was published on openPR.