Roofing Market in North America Comprehensive Insights, Growth and Forecast 2025 | Berkshire Hathway, Bridgestone Americas, CertainTeed, FiberTite
Factors such as new construction, renovation, and retrofitting activities for buildings as well as infrastructure, rise in expenditure on home remodeling, and rise in damaging weather conditions in the country boost the growth of the North America roofing market. However, shortage of adequate manpower, ignorance about the long-term benefits of roofing systems, and rise in roofing material costs are major challenges faced by the industry. Conversely, technological advancements and government investments in building infrastructure sector create new opportunities for growth of the market.
Download Sample PDF@ https://www.alliedmarketresearch.com/request-sample/5279
Development in technology, such as the development of RS-8020 PVC roofing systems by Johns Manville, is one of the major factors that drives the North America roofing market. The system is equipped with UV resistance property that works effectively in the long run, despite harsh weather conditions. In addition, increase in standard of living particularly in the developing countries makes way for different building renovation projects, which fuel the demand for the roofing market. Further, recent flat roof or low-slope roofs usually have a continuous membrane covering. These membranes are installed as incessant sheets, bonded together by adhesives. However, rise in roofing material costs are expected to hinder the North America roofing market growth to a certain extent from 2018 to 2025.
Amplified acceptance of green roof technologies in the U.S. propel the development of the North America roofing industry. Properties such as noise reduction, increased durability, and aesthetic improvement along with improvement in the air quality, have propelled the usage of green roofs in the region. Currently, prominent players in the roofing market, lead the market with their extensive distribution network and advanced product portfolio, which is a major compelling factor for the North America roofing market growth. Prominent industrialists are focused on introducing innovative, energy-efficient, reliable, and advanced roofing in the market. For example, Johns Manville offers a series of roofing products for industrial applications such as single ply membranes, modified bitumen systems, and built-up roofing systems. Similarly, Owens Corning deals in a variety of roofing shingles fortified with the advanced features such as SureNail Technology, StreakGuard Algae Resistance Protection, and/or COOL Roof Energy Performance.
Connect To Analyst @ https://www.alliedmarketresearch.com/connect-to-analyst/5279
Based on type, the shingle roofing segment is expected to account for the largest share in the North America roofing market during the forecast period in terms of value. Based on the material type, the asphalt segment is expected to account for the maximum share during the forecast period in value terms. On the basis of roof type, the market is divided into flat roof and slope roof.
By application, the market is divided into residential, commercial, and industrial. The residential segment is expected to dominate the market throughout the study period. Based on country, market is bifurcated into the U.S. and Canada. The U.S. is anticipated to hold the major share during the forecast period.
The U.S. market is expected to achieve the fastest growth of 6% during the study period. The market also generated 90% of the market share in 2017 and is expected to maintain this trend through 2025. This is due to large investments and spending on residential as well as non-residential construction projects in the region.
Key Findings of the North America Roofing Market :
o Based on material type, membrane was the largest revenue-generating segment in 2017.
o Based on roof type, flat Roofing generated the highest revenue in 2017, and is projected to grow at a significant CAGR from 2018 to 2025.
o By application, the residential segment is projected to grow at a significant CAGR during the North America roofing market forecast period.
o Based on country, the U.S. accounted for over four-fifths share of the market in 2017 in terms of revenue.
The key players in the North America roofing market adopted product launch, partnership, and expansion as their key strategies to meet the change in consumer demands. Furthermore, they launched energy-effective roofing of different sizes, color options, and variety to strengthen their position in the market. The key players profiled in this report include Beacon Roofing Supply, Inc., Berkshire Hathway, Bridgestone Americas, Carlisle Companies Incorporated, CertainTeed (Saint Gobain), FiberTite (Seaman Corporation), GAF Materials Corporation, IKO Industries, Owens Corning, and Sika Group.
5933 NE Win Sivers Drive
#205, Portland, OR 97220
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Follow us on: https://www.linkedin.com/company/allied-market-research
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
This release was published on openPR.
Permanent link to this press release:
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 Roofing Market in North America Comprehensive Insights, Growth and Forecast 2025 | Berkshire Hathway, Bridgestone Americas, CertainTeed, FiberTite here
News-ID: 1986345 • Views: 200
More Releases from Allied Analytics LLP
Olive Oil Market Exclusive Study Report by Top Key Players Salov, Ybarra, Deoleo …
Key Benefits for Stakeholders This report entails the detailed quantitative analysis of current market and estimations from 2014 to 2022 that assist in identifying the prevailing market opportunities to capitalize on the global olive oil market. In-depth coverage of the market including drivers, restraints, and opportunities helps professionals to better understand the market behavior. Detailed study of the strategies of key leaders, partnerships, and acquisitions in the market is provided. Porters Five Forces analysis
Green Tea Market May Set New Growth | Tetley GB Ltd., AMORE Pacific Corp, Nestle …
Green tea is a type of tea that is harvested from the leaves of camellia sinensis plant. It finds its roots in China but now it is also produced and manufactured in other countries such as India, Kenya, Sri Lanka, Vietnam, and Turkey. Unlike other teas, green tea does not go through any oxidation while processing camellia sinensis. A brewed green tea is usually green, yellow, or light brown in
Goat Milk Market Worth Observing Growth: FIT, dairy expert, Summerhill Goat Dair …
Key Findings of the Goat Milk Market: In 2018, by product, the goat milk accounted for the highest market share, growing at a CAGR of 3.7% from 2019 to 2026. In 2018, by distribution channel, the specialty store segment accounted for one-fourth share and is projected to grow at the highest CAGR of 2.9% during the forecast period. In 2018, by region, North America accounted for a prominent market share and is anticipated
Craft Beer Market Competitive Outlook | Carlsberg Group, Diageo PLC, Heineken N. …
Key Findings of The Craft Beer Market: In 2018, by product type, the lager segment accounted for around a 56.0% craft beer market share, growing at a CAGR of 7.3% from 2018 to 2025. In 2018, by distribution channel, the on-trade segment accounted for around a 65.9% r market share, growing at a CAGR of 8.0% from 2018 to 2025. In 2018, by age group, the 21-35 years old segment accounted for
More Releases for America
Latin America Colour Cosmetics Market
The colour cosmetics market in Latin America managed to keep its head above water over 2011-2016. The category recorded a CAGR of 1.7% despite a decline in value occurring towards the end of the period, Chile and Argentina offsetting the impact of economic crisis in Brazil and Venezuela. Direct selling still holds strong as the core channel for colour cosmetics purchases in the region but retail infrastructure is rapidly improving
South America Aviation Market
The South American aviation market was affected adversely by the financial crisis, which had originated in the United States and the sales were impacted adversely by the same, but the market has recovered, since. Furthermore, the good performance of regional jets sold by Embraer were termed profitable by users and could certainly turn the tide as aircraft orders from other airlines continue to increase. Rising income levels in the continent
Agrochemicals Market in North America
ReportsWorldwide has announced the addition of a new report title North America: Agrochemicals: Market Intelligence (2016-2021) to its growing collection of premium market research reports. The report “North America: Agrochemicals: Market Intelligence (2016-2021)” provides market intelligence on the different market segments, based on type, active ingredient, formulation, crop, and pest. Market size and forecast (2016-2021) has been provided in terms of both, value (000 USD) and volume (000 KG) in the
Make America Great Again
Help us open our Veterans' Home We don't know them all, but we owe them all... Lake Ariel, PA: FCPCF Inc. and National Auto Raffle invites you to enter the online Charity Auto & 50/50 Raffles (www.nationalautoraffle.com) and help us raise funds to open the doors of veterans' housing facility and provide housing to the homeless Veterans and their families in need. Every 1 in 4 homeless is a Veteran and its time
Latin America Oil & Gas Potential
Produced by The CWC Group, Latin American Oil and Gas Conference takes place on 25 – 27 October 2011, Mandarin Oriental Hotel, Miami, U.S.A. Organisers confirmed that the strategic conference will feature advanced insights from important organisations in the region alongside NOC’s showcases from Brazil, Mexico, Colombia, Trinidad & Tobago, Venezuela, Uruguay and Bolivia. Content centres on the development of the Latin America’s resources, the impact of shale
Mafi Designs America
Austrian Natural Wood Floor manufacturer establishes themselves in the high end New York Lifestyle market. “Successfully building a luxury Brand in the US is very important to our world wide marketing efforts,“ proclaims a happy Philippe S. Pezet, Partner Mafi USA, Inc & Export/Marketing Manger for the manufacturing company Mafi Holzverarbeitung from Austria. The Mafi brand name is recognized by leading architects and decorators in the Big Apple as being the