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Roofing Materials Market Regional Outlook to 2025 - Sika, Johns Manville, Carlisle, Monier Group, Saint Gobain, Firestone Building Products, Owens Corning

11-28-2019 06:01 PM CET | Industry, Real Estate & Construction

Press release from: Global Market Insights Inc.

Roofing Materials Market

Roofing Materials Market

Global Market Insights provides a detailed overview of Roofing Materials Market with respect to the pivotal drivers influencing the revenue graph of this business sphere. The current trends of Roofing Materials industry in conjunction with the geographical landscape, demand spectrum, remuneration scale, and growth graph of this vertical have also been included in this report.

Growth of energy efficient roofs and eco-friendly components are some of the propelling factors for roofing materials market growth. Improved standards of living and migration of people from rural to urban areas resulting in increase for construction projects are driving factors for the growth of the roofing materials market.

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North America is relatively a matured market as compared to other regions and is increasing at a slower growth rate due to development of BUR and SPR technologies in the regional market. Various global manufacturers have focused on strategic acquisitions and partnerships with other companies to expand roofing materials market growth.

Latin America is another advancing region to attract manufacturers as there are large number of construction activity going on particularly in Brazil and Argentina. Gradual increase in local ceiling technologies is anticipated to boost the roofing materials market.

Based on product type, tiles and shingles are the largest roofing materials market due to their high insulation techniques and low cost. Shingles and plates are most preferred residential ceiling products as they are highly durable and have a long-life span due to its high strength. Wood shingles, shakes, slates, asphalt shingles, asbestos and shingles are the most demanded shingles in market along with various tile including monk & nun, imbrex & tegula, Dutch roof and Mangalore tiles.

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Raw ingredients used in the construction of these constituents are commercially available products which includes tiles, thatches, plastic sheeting and slates. These products are known for mainly providing shelter from various natural climate. These are produced primarily from metal, cement, clay and bitumen. An extensive range of product is available depending upon performance, aesthetic structure and economic reasons. In recent years, housing designs are turned into an architectural trademark which apart from being ecofriendly is also aesthetically attractive, reasonably priced and structurally sound.

Key players included in roofing materials market are TAMKO Building Products, CertainTeed, Etex, GAF, Saint Gobain SA, Owens Corning, IcoPal ApS, Sika AG, Fletcher Building. Some of the other prominent players include Johns Manville, Carlisle, Monier Group, Firestone Building Products and Braas Monier Building Group.

These shingles and tiles have high initial cost with low long term prices. Aluminum, stainless steel and cooper are most commonly used for manufacturing shingles. Growth in this product segment is anticipated to flourish with the expansion of pre-engineered steel structures for nonresidential and commercial applications which will drive the roofing materials market.

Related News: https://www.marketwatch.com/press-release/roofing-materials-market-growth-analysis-report-by-regional-players-2019-2025-2019-10-17

About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com

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