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Roofing Market 2023 - Revenue Analysis, Growth, Trends, Segmentation and Regional Forecast 2032
Roofing Market
As per the Roofing market report by The Business Research Company, The increasing infrastructure development is expected to propel the growth of the roofing market going forward. Infrastructure refers to the construction of physical structures such as bridges, highways, roads, and sewage systems. Roofing is a must for every construction as it helps in protecting the building against rain, snow, sunlight, wind, and extremes of temperature.
The global roofing market grew from $151.80 billion in 2022 to $161.36 billion in 2023 at a compound annual growth rate (CAGR) of 6.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The roofing market size is expected to grow to $193.26 billion in 2027 at a CAGR of 4.6%.
Read More On The Roofing Market Report Here:
https://www.thebusinessresearchcompany.com/report/roofing-global-market-report
Major competitors in the Roofing market include Atlas Roofing Corporation, CertainTeed Corporation, Carlisle Companies Inc., Duro-Last Inc., Etex SA, GAF Materials Corporation, Owens Corning, Tamko Building Products Inc., Braas Monier Building Group Services S.A., Etex, Hindalco Industries Ltd., BMI Group Services GmbH, and TAMKO Building Products LLC.
The Roofing market is segmented -
• By Type: Flat Roof, Slope Roof
• By Roofing Material: Bituminous Roofing, Metal Roofing, Tile Roofing, Other Roofing Materials
• By Application: Residential, Commercial, Non-Residential
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Roofing market.
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Roofing is the process of applying an external covering on the roof of a building that is either self-supporting or supported by structures underneath it. The roofing materials offer different types of advantages to the structure such as temperature maintenance, and waterproofing.
The main types of roofing are flat roof, and slope roof. A flat roof helps to level contrast to the many types of sloped roofs. These flat roofs can be used to cover the terrace and help for playing, gardening, sleeping, and celebrating functions. These are the most commonly used types of roofs in house constructions. The different materials include bituminous roofing, metal roofing, tile roofing, other roofing material (RCC & Plastics) and is used in several applications such as residential, commercial, non-residential.
The Table Of Content For The Roofing Market Include:
1. Executive Summary
2. Roofing Market Characteristics
3. Roofing Market Trends And Strategies
4. Roofing Market - Macro Economic Scenario
5. Roofing Market Size And Growth
.....
26. Africa Roofing Market
27. Roofing Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Roofing Market
29. Roofing Market Future Outlook and Potential Analysis
30. Appendix
The "Global Roofing Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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