Press release
Roofing Global Market Analysis, Trends, Growth, Research And Forecast 2033
Roofing Global Market Analysis
Ready to Dive into Something Exciting? Get Your Free Exclusive Sample of Our Research Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=6331&type=smp
According to The Business Research Company's, The roofing market size has grown steadily in recent years. It will grow from $267.64 billion in 2023 to $277.42 billion in 2024 at a compound annual growth rate (CAGR) of 3.7%. The growth in the historic period can be attributed to construction and real estate growth, urbanization trends, climate and weather conditions, architectural styles and trends, maintenance and replacement needs.
The roofing market size is expected to see steady growth in the next few years. It will grow to $327.83 billion in 2028 at a compound annual growth rate (CAGR) of 4.3%. The growth in the forecast period can be attributed to sustainable and eco-friendly practices, resilience to extreme weather events, innovations in roofing materials, energy efficiency requirements, government regulations and building codes. Major trends in the forecast period include customization and aesthetic trends in roof design, integration of green roofing practices, shift towards lightweight and modular roofing solutions, emphasis on weather-resistant coatings and sealants, technological integration in roofing installation and maintenance.
Get The Complete Scope Of The Report @
https://www.thebusinessresearchcompany.com/report/roofing-global-market-report
Market Drivers and Trends:
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. For instance, according to IIFL Holdings Limited, an India based financial services company, in the year 2021 Government of India allocated 1.89 billion in their union budget for the development of infrastructure in India through Atal Mission for Rejuvenation & Urban Transformation (AMRUT) and Smart Cities Mission. To have a faster infrastructure development it launched two new schemes known as Housing for All and Smart Cities Mission. Also, for the year 2021, according to India Brand Equity Foundation, an India based government agency, infrastructure activities accounted for a 13% share of the total FDI (Foreign Direct Investment) inflows of USD 81.72 billion. Therefore, the increasing infrastructure development is driving the growth of the roofing market.
New technological innovations have emerged as the key trend gaining popularity in the roofing market. Major companies operating in the roofing market are focused on new technological innovations to sustain their growth in the market. For instance, in January 2022, GAF, a US-based company that manufactures solar roofs launched its new solar roof called Timberline Solar based on solar roof technology. This helps in generating energy by using sunlight and this energy can be used for household purposes. This is very easy to install, and it is most cost-effective. Solar roofs are the future of clean energy, and Timberline Solar is the game-changing innovation in this market.
Key Benefits for Stakeholders:
• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.
Major Key Players of the Market:
Hindalco Industries Ltd., ABC Roofing Company Inc., Owens Corning, Carlisle Companies Inc., Etex SA, GAF Materials Corporation, CertainTeed Corporation, BMI Group Services GmbH, Atlas Roofing Corporation, Tamko Building Products Inc., Duro-Last Inc., Best Roofing Services Corp., Apex Roofing Contractors Ltd., Champion Roofing & Construction Inc., Bob's Roofing & Repair Inc., Clear Choice Roofing Corp., Braas Monier Building Group Services S.A., Acme Roofing Solutions LLC, Dependable Roofing & Sheet Metal Ltd., Eagle Roofing Company Inc., Elite Roofing Specialists LLC, Excel Roofing Contractors Corp., First Choice Roofing Services Inc., Five Star Roofing Company LLC, Golden Eagle Roofing & Construction Corp., Guardian Roofing & Repair Ltd., Hamilton Roofing Specialists Inc., Integrity Roofing & Siding LLC, J&J Roofing Contractors Corp., Keystone Roofing & Construction Inc., Knight Roofing Services LLC, Precision Roofing & Construction Ltd., Pro Roofing Specialists Inc.
Roofing Market 2024 Key Insights:
• The roofing market size is expected to see steady growth in the next few years. It will grow to $327.83 billion in 2028 at a compound annual growth rate (CAGR) of 4.3%.
• Role Of Increasing Infrastructure Development In Fueling Growth In The Roofing Market
• Technological Innovations Transforming The Landscape Of The Roofing Market
• Asia-Pacific was the largest region in the roofing market in 2023
We Offer Customized Report, Click @
https://www.thebusinessresearchcompany.com/Customise?id=6331&type=smp
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
This release was published on openPR.
Permanent link to this press release:
Copy
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 Global Market Analysis, Trends, Growth, Research And Forecast 2033 here
News-ID: 3776345 • Views: …
More Releases from The Business research company
Segmentation, Major Trends, and Competitive Overview of the Space Resource Utili …
The exploration and utilization of space resources is rapidly evolving into a promising sector with vast potential for growth and innovation. As technology advances and partnerships form, the industry is set to transform how humanity accesses and uses materials beyond Earth, paving the way for sustainable off-world operations and broader space exploration.
Projected Market Growth for Space Resource Utilization
The space resource utilization industry is anticipated to experience significant expansion over…
Market Trend Analysis: The Impact of Recent Advances on the Space Law Enforcemen …
The growing complexity and activity in outer space have brought increased attention to the need for effective space law enforcement. As the number of satellites and space missions rises, managing space traffic and ensuring compliance with regulations becomes critical. This overview explores the future outlook, driving factors, major players, and structural breakdown of the space law enforcement market as it progresses toward 2030.
Expected Growth Trajectory of the Space Law Enforcement…
Market Structure, Emerging Trends, and Key Player Analysis in Space Elevator Ope …
The concept of space elevators is rapidly moving from science fiction to a tangible future technology, promising revolutionary changes in how we access and utilize space. As interest and investment in this area grow, the market for space elevator operations is set to expand significantly. Below is an overview of the forecasted market size, key players, emerging trends, and the segmentation of this exciting industry.
Projected Market Growth of Space Elevator…
Competitive Analysis: Leading Companies and New Entrants in the Space Currency a …
The emerging space currency and economy sector is poised for remarkable expansion as humanity's ventures beyond Earth gain momentum. With innovations in financial technologies tailored for the unique challenges of space commerce, this market is set to transform how transactions and economic activities unfold across orbital and interplanetary environments. Let's explore the projected growth, key players, market drivers, evolving trends, and the detailed segmentation shaping this futuristic industry.
Projected Market Size…
More Releases for Roofing
A&W Roofing: Four Decades of Roofing Excellence Among Charlotte Roofing Companie …
A&W Roofing is celebrating over 40 years of serving the Charlotte community, earning a reputation for trust, craftsmanship, and roofing expertise. The family-owned company remains a leading provider of residential roofing throughout the Queen City.
A&W Roofing marks a significant milestone this year, celebrating over 40 years of service to the Charlotte community. With a legacy built on trust, expertise, and unparalleled artistry, this family-owned business continues to set the standard…
Swagg Roofing & Siding: Elevating Roofing Services in Billings with Expert Roofi …
Swagg Roofing & Siding specializes in a wide range of roofing services, ensuring that every project is handled with precision and care. Whether it's a minor repair or a complete roof replacement, the team at Swagg Roofing & Siding is equipped with the expertise and tools to deliver exceptional results. Their commitment to quality and customer satisfaction has made them a trusted name among roofing contractors in Billings.
When it comes…
FBM Roofing & Solar: Comprehensive Roofing Services from Texas' Premier Roofing …
FBM Roofing & Solar, a well-known roofing contractor in Texas, provides a comprehensive array of roofing services for residential and commercial clients. Since its establishment in 1978, FBM Roofing & Solar has earned a solid reputation for delivering top-quality work and ensuring customer satisfaction.
FBM Roofing & Solar, a renowned roofing contractor in Texas, offers a wide range of comprehensive roofing services to meet the needs of both residential and commercial…
Texas Roofing Services: Premier Roofing Expertise
In an environment where locating a trustworthy roofing professional can be as challenging as finding a needle in a haystack, Texas Choice Roofing shines as a beacon of trustworthiness and proficiency in the roofing field. Their unmatched commitment to excellence in workmanship and ensuring customer happiness distinguishes them as the premier option for all roofing needs.
In a world where finding a dependable roofer can feel like searching for a needle…
Roofing ProductsBoral Roofing, TAMKO, Malarkey, Eagle Roofing, DuPont, Metro Roo …
New York, United States : Our team of research specialists at Mr Accuracy Reports has published a stunning report on the Roofing Products Market which incorporates a 360-degree idea on its Supply Chain Analysis during the estimated period of 2022-2028. R&D activities play a very crucial part in the worldwide market as it helps us to figure out its present and future conditions. Besides, in this report, we are promising…
Composite Slate Roofing Market 2019-2023 | Leading Players- DaVinci Roofscapes, …
Global Composite Slate Roofing Market Information, By Type (Shingles, Tiles and Shake), By Application (Residential, Non-Residential) and Region - Forecast to 2023
The Global Market for Composite Slate Roofing is expected to grow over the CAGR of around 2.90 % during the period 2017 to 2023.
Market Highlights:
Composite slate roofing have been the best roofing material of choice for last few decades for residential and non-residential infrastructure. Composite slate roofing is usually…
