Press release
Asphalt Shingles Market 2019 | Highlights by Competitive Scenario with Impact of New Innovations, Drivers and Challenges to 2023
Asphalt Shingles
The prominent players in the Asphalt Shingles market are Owens Corning (US), Certain Teed Corporation (US), IKO Industries, Ltd. (Canada), TAMKO Building Products, Inc. (US), Tarco, Inc. (US), Siplast, Inc. (US), Henry Company LLC (US), Malarkey Roofing Products (Portland), Polyglass U.S.A., Inc. (US), and Atlas Roofing Corporation (US) among others.
Market Highlights
The global asphalt shingles market is anticipated to witness moderate growth throughout the forecast period. Increased investment in R&D, and product innovations have been driving the growth of the market. The modern-day shingle designs have been developed to encompass desired features in weight, cost, and environment. Today through advances in manufacturing technology, asphalt shingles are environment friendly, cost-effective, sturdy, and light in weight. However, fluctuation in material prices and unavailability of skilled labor, is expected to hinder the growth of the market.
The Asphalt Shingles market is expected to grow over the CAGR of around 5.8% during the period 2018 to 2023.
Get a FREE Sample Report with Complete TOC @ https://www.marketresearchfuture.com/sample_request/7172
Intended Audience:
• Raw Material Suppliers
• End Users
• Product Manufacturers
• Traders & Distributors
• Regulatory Bodies
• Market Research and Consulting Firms
Scope of the Report
This study provides an overview of the global asphalt shingles market, tracking three 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 and the 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 asphalt shingles market by material, by type, by Application, and by region.
By Material
• Fiberglass
• Organic
By Type
• Heavy laminates
• Laminates
• Strip
By Application
• New construction
• Renovation/Remodeling
By Region
• North America
• Asia-Pacific
• Europe
• Rest of the World
North America region, to see a gradual increase in the Asphalt Shingles market over the forecast period
Based on region, the global asphalt shingles market has been segmented into North America, Europe, Asia-Pacific, and the Rest of the World (RoW). North America region dominated the global market, followed by Europe, primarily due to the climatic conditions, and increasing investments in Research & Development for advanced materials along with stable growth in the private construction market for both new construction and remodelling projects. US is the leading market in North America. Moreover, various benefits of asphalt shingles such as cost-effectiveness, durability, and energy saving capabilities has further enhanced the demand for the same.
Renovation/Remodeling segment, to occupy a dominant position in the overall asphalt shingles market
Based on Application, the Renovation/Remodeling segment is expected to exhibit maximum growth rate between the period of 2018 to 2023. The reason is attributed to the increased spending in the residential as well commercial complexes on remodeling and repair works. This in turn has created lot of demand for asphalt shingles in the both the residential and commercial construction segment.
Early Diners Are Offered Free Customization- Up to 20%
Get Attractive Discount @ https://www.marketresearchfuture.com/check-discount/7172
Table Of Contents
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Definition
2.2.2 Research Objective
2.2.3 Assumptions
2.2.4 Limitations
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model
3 Market Landscape
3.1 Porter’s Five Forces Analysis
3.1.1 Threat Of New Entrants
3.1.2 Bargaining Power Of Buyers
3.1.3 Threat Of Substitutes
3.1.4 Segment Rivalry
3.1.5 Bargaining Power Of Buyers
3.2 Value Chain/Supply Chain Analysis
4 Market Dynamics
4.1 Introduction
4.2 Market Drivers
4.3 Market Restraints
4.4 Market Opportunities
Continued......
List Of Tables
Table 1 Global Asphalt Shingles Market: By Region, 2018-2023
Table 2 North America Asphalt Shingles Market: By Country, 2018-2023
Table 3 Europe Asphalt Shingles Market: By Country, 2018-2023
Table 4 Asia-Pacific Asphalt Shingles Market: By Country, 2018-2023
Table 5 RoW Asphalt Shingles Market: By Country, 2018-2023
Table 6 Global Asphalt Shingles Market, By Material, By Regions, 2018-2023
Table 7 North America Asphalt Shingles Market, By Material, By Country, 2018-2023
Table 8 Europe Asphalt Shingles Market, By Material, By Country, 2018-2023
Table 9 Asia-Pacific Asphalt Shingles Market, By Material, By Country, 2018-2023
Continued.......
Ask for your specific company profile and country level customization on reports.
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
Market Research Future
Office No. 524/528
Amanora Chambers
Magarpatta Road
Hadapsar
Pune -411028
Maharashtra, India
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Asphalt Shingles Market 2019 | Highlights by Competitive Scenario with Impact of New Innovations, Drivers and Challenges to 2023 here
News-ID: 1665154 • Views: …
More Releases from Market Research Future
Hydrofluoric Acid Market (CAGR) of 4%, Innovation Imperative Future Proofing You …
Hydrofluoric acid (HF) is a crucial chemical compound with a wide range of applications across various industries. Despite its hazardous nature, it plays an essential role in manufacturing processes, especially in the production of fluorine compounds. The global hydrofluoric acid market has been witnessing steady growth, driven by demand from end-user industries such as oil refining, pharmaceuticals, and electronics.
The Hydrodesulfurization Catalysts Market is projected to register a CAGR of over…
Palm Methyl Ester Derivative Market Size Projected to Grow at 5.92% CAGR, Reachi …
In recent years, the global market for palm methyl ester derivatives has witnessed significant growth, driven by various factors including environmental concerns, technological advancements, and the increasing demand for sustainable alternatives in various industries. Palm methyl ester derivatives, derived from palm oil, have emerged as versatile ingredients with applications spanning across sectors such as cosmetics, pharmaceuticals, lubricants, and more.
The Palm Methyl Ester Derivative Market Size was valued at USD 1.5…
Asia-Pacific Ceramic Tiles Market to Register Highest CAGR Growth of 7.50% by 20 …
The Asia-Pacific ceramic tiles market has been witnessing robust growth, driven by various factors such as increasing investments in residential and commercial construction, renovation activities, and the growing preference for aesthetically pleasing and durable flooring solutions. Countries like China, India, Japan, and South Korea have been leading the market growth, supported by strong manufacturing capabilities, technological advancements, and evolving consumer preferences.
Asia-Pacific Ceramic Tiles Market Size was valued at USD 141.2…
APAC Wallpaper Market to Register Highest CAGR Growth of 8% by 2032: Analysis by …
The APAC wallpaper market has witnessed significant growth in recent years, driven by factors such as rising disposable incomes, expanding construction activities, and growing awareness regarding interior decor. Countries like China, India, Japan, South Korea, and Australia have emerged as key contributors to the region's wallpaper market. Additionally, the increasing adoption of innovative wallpaper designs and patterns is fueling market growth further.
APAC Wallpaper Market Size was valued at USD 0.55…
More Releases for Asphalt
Global Asphalt Plants (Asphalt Mixing Plants) Market Is Valued At USD 2073.40 Mi …
Market Research Report Store offers a latest published report on Asphalt Plants Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report.
The Asphalt Mixing Plants consumption volume was 2864 Units in 2017 and is expected to reach 3572 Units in 2025, growing at a CAGR of 2.80% from 2017 to 2025. China`s sales volume accounted for the highest market share (35.41%)…
Global Asphalt Plants (Asphalt Mixing Plants) Market Analysis Revealing Key Driv …
This research report titled “Global Asphalt Plants (Asphalt Mixing Plants) Market Insights, Forecast to 2025” has been added to the wide online database managed by Market Research Hub (MRH). The study discusses the prime market growth factors along with future projections expected to impact the Asphalt Plants (Asphalt Mixing Plants) market during the period between 2018 and 2025. The concerned sector is analyzed based on different market factors including drivers,…
Asphalt Plants (Asphalt Mixing Plants) Market Projected to Cross 2860 million US …
This report studies the global Asphalt Plants (Asphalt Mixing Plants) market status and forecast, categorizes the global Asphalt Plants (Asphalt Mixing Plants) market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, India, Southeast Asia and other regions (Central & South America, and Middle East & Africa).
Asphalt Mixing Plant is the plant that is used for…
Asphalt Market Analysis
Asphalt Market Insights:
The volume of asphalt market in the U.S. is anticipated to reach approximately 30 million tons by 2025. Demand for asphalt in highway and street applications is likely to yield strong gains due to increased government funding.
One of the major factors driving the growth of this market is advancement in transportation sector and infrastructural development. Some of the developing countries still face problem of unpaved roads that extend…
Global Asphalt Binder Market split into Modified Asphalt,Impregnated Asphalt Rep …
MarketResearchReports.Biz presents this most up-to-date research on "Global Asphalt Binder Market Research Report 2017"
View Full Report at: https://www.marketresearchreports.biz/reports/1245550/global-asphalt-binder-research-report-market-research-reports
Description
In this report, the global Asphalt Binder market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022.
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD),…
Global Mastic Asphalt Sales Market 2017 - APOC, Pure Asphalt, FBC Chemical, IKO, …
The Mastic Asphalt report is offers a clear picture of the current and future trends, developments and opportunities. The report, prepared by a highly seasoned team of analysts and data experts, carries an array of tables and graphs besides qualitative analyses. Starting with a discussion on the current state of the Mastic Asphalt market, the report goes on to discuss the dynamics affecting each segment within it. The report segments…
