Press release
Roofing Systems Market is Expected to Grow at a CAGR of over 3.1% | During 2022-2028 | Vantage Market Research
According to Vantage market research the Global Roofing Systems market is valued At USD 126.98 Billion in 2021 and is projected to attain a value of USD 157.23 Billion by 2028 at a CAGR of 3.1% during the forecast period, 2022-2028.
Key Findings and Insights from the report:
• The report presents the estimated CAGR of 3.1% size of the Roofing Systems Market at the end of the forecast period.
• The Global Roofing System market is predicted to reach a value of USD 157.23 Billion by 2028.
• The report includes an overview of the market, the financial performance of key players its segmentation, its geographical scope.
• The report provides a detailed evaluation of the market by highlighting information on various aspects which include restraints, drivers, opportunities, and threats.
• Insight also covers the price, production, share, and growth rate of these top manufacturers and examines the competitive scenario for a better understanding of the market synopsis.
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Roofing system manufacturers are focusing on developing attractive designs that can be used in a variety of architectures. Green roofs made of plastic and concrete are in increasing demand because of their ability to reduce a building's carbon footprint and add value to it by providing insulation from heat or cold. The superior aesthetics have made them the preferred choice among homeowners when it comes to choosing green roofs. In addition, new materials are being developed using advanced technologies such as 3D printing which could potentially increase the demand for roofing systems in the near future.
Market Segmentation:
By Roofing Type:
• Flat Roof
• Slope Roof
By Application:
• Residential
• Commercial
• Industrial
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COVID-19 Impact Analysis of Roofing System Market:
When the Covid-19 pandemic began in China, it sent shock waves to countries around the world. And as the number of cases continued to rise, it forced governments around the world to take serious action such as border seals, lockdowns and enforce strict social distancing measures to avert imminent catastrophe. These actions had a dramatic effect on the economy, as industrialists around the world were forced to halt their production, leading to supply chain disruptions and the loss of various industries. Thus, a fall in the global markets.
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The Roofing System market regional level analysis:
• Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
• Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
• North America (United States, Canada and Mexico)
• Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
• South America (Brazil, Argentina, Colombia, and Rest of South America)
List of Leading Players in the Global Roofing System Market:
• Etex Group NV (Belgium)
• Compagnie de Saint Gobain SA (France)
• Boral Limited (Australia)
• Owens Corning (U.S.)
• Braas Monier Building Group SA (Luxembourg)
• Carlisle Companies Incorporated (U.S.)
• CSR Limited (Australia)
• Berkshire Hathaway Inc. (U.S.)
• The Siam Cement Public Company Limited (Thailand)
• Atlas Roofing Corporation (U.S.).
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Reason for buying this Roofing System market Report:
• The report highlights the macroeconomic forces that are affecting the strategies and policies in the market.
• Report provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
• It provides a six-year forecast assessed on the basis of how the market is predicted to grow
• The report provides market leading players with facts and insights on the Roofing System market.
• It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of industry segments.
• Disruption and uncertainties in the industry are studied in the report.
• It provides the key product segments and their future.
• The report identifies bottlenecks and problems associated with businesses operating in the Roofing System market and provides possible solutions to those problems.
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