Roofing Market 2018|Industry Review by Top Key Players:-Roofing Corporation, Owens Corning, Duro-Last Roofing, Inc., CertainTeed Corporation, Braas Monier Building Group Services

Global Roofing Market - Overview
Market research future published a raw research report on Global Roofing Market that contains the information from 2014 to 2022. Global Roofing market is expected to grow with the CAGR of approximately 4% from 2016 to 2022, and with this it is predictable to cross USD 150 Billion by 2022.

Roofing is an advanced and innovative method used in construction. Roofing are factory-built buildings of steel that are shipped to site and bolted together. This style of construction is ideally suited to industrial buildings and warehouses; it is cheap, very fast to erect, and can also be dismantled and moved to another site. The Global Roofing Market is growing with the rapid pace; mainly due to the increasing demand for warehouses globally.
According to a recent study report published by the Market Research Future, The global market of Roofing is booming and expected to gain prominence over the forecast period. The global Roofing market is forecasted to demonstrate an exponential growth by 2023.

Market Highlights
Roofing is used extensively in the outer layers of the building & construction. The increased importance of roofing can be owed to the increased aesthetic values and the availability of various roofing products. Today, the roof can match any architectural style and are designed to match the durability and energy saving practices.

The availability of roofing products in many variants and range across the globe has definitely fueled the popularity of these. Additionally the advancement of technology in the same has enabled the average population to purchase cost effective and durable roofing solutions. The region of APAC is seen investing a lot in real-estate and infrastructure to support the increasing population and urbanization. Such moves have led to the increased demand for such roofing options across the region.
APAC will be the largest market
APAC is expected to dominate the market with its largest and fastest growing market size for roofing. The reason is attributed to the changing lifestyles of the people which have fueled the demand for high aesthetic values in the building construction. This has resulted in increased renovations of residential and non-residential construction.
It is followed by North America and Europe. The markets are growing over a steady rate and are expected to show similar trend in coming years.

Key Players Analysis:-
The key players of global Roofing market report include- Atlas Roofing Corporation, Owens Corning, Duro-Last Roofing, Inc., CertainTeed Corporation, Braas Monier Building Group Services GmbH, GAF, Johns Manville, IKO Industries Ltd., Firestone Building Products Company and TAMKO Building Products Inc.
The market is highly driven by the increased awareness among the consumers about the eco-friendly roofing methods. This is stimulated further by the stringent government regulations to install energy saving and eco-friendly roofing systems in the regions of North America and Europe. The global roofing market is expected to cross USD 150 Billion by the end of 2022, growing at a CAGR of 4% in the forecasted period.

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Study Objectives of Roofing Market
•To provide detailed analysis of the market structure along with forecast for the next 6 years of various segments and sub-segments of the Global Roofing Market
•To provide insights about factors affecting the market growth
•To analyze the Global Roofing Market based on various factors- price analysis, supply chain analysis, porters five force analysis etc.
•To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, APAC, and Rest of the World (ROW)
•To provide country level analysis of the market with respect to the current market size and future prospective
•To provide country level analysis of the market for segment by roofing, application, and regions
•To provide strategic profiling of the key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
•To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Global Roofing Market

Market Research Analysis:
The market is highly application based. The key driver for market growth is increased emphasis on energy saving and eco-friendly roofing systems. This is backed by the need to install a durable and long lasting roofing type. It is expected that the global roofing market will advance with higher growth rate as compared to previous years. However the current challenge for the market is the emphasis of eco-friendly roofing systems which is killing the market for traditional roofs.

On the basis of application, non-residential segment leads the market in all the major regions across the globe. The share owes to the growing renovation and rebuilding activities across the globe. On the basis of roofing products, bituminous/asphalt roofing accounts for the largest share in the market. The segment contributed more than 40% to the market in 2015 and is expected to lead the market in the forecasted period.

On the basis of region, APAC takes the lead as the largest and fastest growing market, followed by North America and Europe. APAC, due to its rising population and increasing disposable income, demand increased and cost effective roofing system for the rebuilding and renovation. The region has also seen a lot of investment in R&D which further fuels the growth of the market. Furthermore the government regulations for energy saving roofing practices have fueled the demand in North America and Europe.

Read full Research Report Study at @: https://www.marketresearchfuture.com/reports/roofing-market-1827

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