Press release
Top 6 Roofing Companies in India 2024 | IMARC Group
Roofing refers to the process and materials used to construct the protective upper covering of a building or structure. The primary purpose of roofing is to shield the interior from weather elements such as rain, snow, sun, and wind, thereby ensuring structural integrity and comfort for occupants. Roofing materials are manufactured from a variety of substances, including asphalt, metal, clay, concrete, and synthetic components, tailored to specific climate conditions and aesthetic preferences.The importance of roofing extends beyond mere protection; it also plays a critical role in the energy efficiency of a building. Properly installed roofing contributes to thermal regulation, reducing heating and cooling costs. Additionally, advances in roofing materials, such as cool roofing technologies, can significantly decrease energy consumption by reflecting more sunlight and absorbing less heat. In terms of benefits, a well-designed roof enhances the architectural appeal and increases the property value.
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The India roofing market size reached US$ 7.0 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 11.6 Billion by 2032, exhibiting a growth rate (CAGR) of 5.8% during 2024-2032.
List of Top Companies Operating in Indian Roofing Industry:
• Bansal Roofing Products Limited
• CK Birla Group
• Everest Industries Ltd.
• Hindalco Industries Limited (Aditya Birla Group)
• JSW Steel Coated Products Limited (JSWSCPL)
• Tata BlueScope Steel Private Limited
Explore Complete Blog by IMARC Group: https://www.imarcgroup.com/indian-roofing-companies
The top Indian roofing companies are primarily focusing on innovating and expanding their product portfolios to meet the diverse demands of the growing construction sector. Companies like Saint-Gobain, Tata Steel, and JSW Steel are at the forefront, leveraging advanced technology to develop durable and energy-efficient roofing solutions. These industry leaders are focusing on sustainable practices, incorporating recycled materials and energy-efficient designs that cater to the increasing environmental awareness among consumers.
For instance, Tata Steel offers a range of coated steel roofing products that are designed to reduce heat absorption, thereby enhancing the energy efficiency of buildings. Moreover, these companies are expanding their geographic footprint and manufacturing capabilities to tap into rural and semi-urban markets, where the demand for cost-effective and high-quality roofing materials is rising due to increased infrastructure development. Furthermore, effective marketing strategies are also being tailored to these new markets with an emphasis on accessibility and affordability, which are key concerns for consumers in these areas. In line with this, the rising adoption of digital tools and platforms for better customer engagement and streamlined operations is a notable trend among these companies.
They are utilizing digital marketing strategies to reach a broader audience, engaging customers with interactive tools that help in choosing the right roofing solutions for their needs. Some of the other factors such as rapid expansion into niche markets, increasing consumer awareness, rising urbanization, and continual technological advancements, thus providing an impetus to the market.
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About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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