Commercial Roofing Materials Market Latest Advancements, Developments and Future Scope 2020-2025

The global roofing materials market size was valued at USD 115.62 billion in 2018 and is expected to expand at a CAGR of 4.2% over the forecast period. Rise in disposable income, growing urbanization, and increasing commercialization are the major factors driving the global commercial roofing materials market. Mandatory regulations imposed by various regulatory authorities in U.S. to encourage the use of sustainable building materials is expected to propel product demand over the forecast period. In addition, increasing awareness regarding use of roofing systems to reduce carbon footprint by decreasing energy consumption is expected to aid industry growth.

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Top Companies in the Global Commercial Roofing Materials Market: GAF, CertainTeed Corporation, TAMKO Building Products, Firestone Building Products Company, Owens Corning Corporation, Johns Manville Corporation, IKO Industries, Duro-Last Roofing, Atlas Roofing Corporation, Braas Monier Building Group Others

Market Segmentation by Types:

Single ply products
Modified bitumen materials
Spray polyurethane foam
Built-up roofing
Metals
Others

Market Segmentation by Applications:

Low sloped roofing
Steep sloped roofing Top of Form

The industry is witnessing an increase in strategic alliances between contractors and installers with material suppliers helping to serve a wider customer base. Product manufacturers generally work closely with contractors in bidding jobs and carry out sales operations. In many instances, contractors are certified by manufacturers to install their products or systems.

Mandatory regulations imposed by various regulatory authorities in U.S. to encourage the use of sustainable building materials is expected to propel product demand over the forecast period. In addition, increasing awareness regarding use of roofing systems to reduce carbon footprint by decreasing energy consumption is expected to aid industry growth.

Rising digitalization in the industry has led to increase in use of cutting-edge technology such as drones, robots, and 3D printing, and this is estimated to benefit the industry. Increasing use of laser printing to produce larger structural components of roofing systems is projected to boost demand for roofing materials over the forecast period.

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Key Highlights of Global Commercial Roofing Materials Market Analysis:

The report provides a detailed analysis of current and future market trends to identify the investment opportunities market forecasts till 2025.

Key Commercial Roofing Materials market trends across the business segments, regions and countries

Key developments and strategies observed in the market

In-depth company profiles of key players and upcoming prominent players

Key market dynamics such as drivers, restraints, opportunities and other trends

Market opportunities and recommendations for new investments

Moreover, this report has all the informative necessary details like the economic techniques, product provide and demand, applications, future forecast, and growth and development factors mentioned. The geographical and Commercial Roofing Materials industrial dominance is predicted to assist the market carve out a reputation for itself on a world scale. This report points mainly top-down approach to focus key dimensions of the market CAGR, top players, cost organization, manufacturing ability, and commercial analysis.

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