Key Trends in Roofing Systems Market to Jump $ 157.56 Billion by 2021 Led by Asphalt Roofing Systems in Asia-Pacific Region

Roofing systems market on the basis of material, product, construction type, end-use sector, and region and to provide detailed information regarding main factors such as drivers, restraints, opportunities, and industry-specific challenges influencing growth of market. Competition in roofing systems industry is growing considerably, owing to growth of construction industry and emergence of new technologies.

Global roofing systems market projected to grow from USD 109.72 billion in 2016 to reach USD 157.56 billion by 2021, at an estimated CAGR of 3.06% from 2016 to 2021. Growth in construction industry throughout world and government regulations regarding zero energy building codes & green roofing have played a huge role in providing necessary momentum to roofing systems market.

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The roofing systems market also segmented based on region, which includes North America, Europe, Asia-Pacific, and Rest of the World. North America accounted for the largest share of total demand generated by global roofing systems market in 2015 because of the willingness of companies in region to take up capital-intensive projects, along with availability of technical expertise.

Target Audience
• Raw material suppliers and producers
• Regulatory bodies
• Roofing systems distributors/suppliers
• End users (builders, contractors)

The roofing systems market is segmented on the basis of material, product, construction type, end use sector and region. On the basis of material, asphalt, which is the most widely used material for making roofing systems, held the largest market share. It is a low-cost material and is readily available, which makes it one of the widely used materials for roofing systems, globally.

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Market for roofing systems has been segmented into North America, Europe, Asia-Pacific, and the Rest of the World (RoW). Asia-Pacific has been projected to grow at the highest rate from 2016 to 2021, because the countries in this region are expected to achieve a high growth in the construction sector, thus triggering a huge demand for roofing systems.

Primary interviews were conducted with a number of industry experts, in order to collect data related to different aspects of roofing systems. The distribution of primary interviews is as follows:
• By Company Type: Tier 1 – 56%, Tier 2 – 33%, and Tier 3 – 11%
• By Designation: Director level – 59%, C level – 28%, and Others – 13%
• By Region: North America – 43%, Asia-Pacific –29%, Europe – 21%, and RoW – 7%

The market ecosystem for roofing systems C is dominated by large players such as Compagnie de Saint Gobain SA (France), Etex Group NV (Belgium), Boral Limited (Australia), Braas Monier Building Group SA (Luxembourg), Owens Corning (U.S.), and Carlisle Companies Incorporated (U.S.). Other players in this market include CSR Limited (Australia), The Siam Cement Public Company Limited (Thailand), Berkshire Hathaway, Inc. (U.S.), and Atlas Roofing Corporation (U.S.).

More Information on “Roofing Systems Market by Material (Asphalt, Metal, Plastic, Clay, Concrete), Product (Shingles & Plates, Tiles), Construction Type (New Construction & Reform Construction), End-Use Sector (Residential & Non-Residential) - Global Forecast to 2021” report @ http://www.rnrmarketresearch.com/contacts/inquire-before-buying?rname=663697 .

Roofing system market report will help stakeholders to understand the market and provide them information on the key market drivers, restraints, challenges, and opportunities. This report segments the market for roofing systems comprehensively and provides the closest approximations of the revenue numbers for the overall market and the subsegments across the different verticals and regions.

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