All the data that has been presented in report is extracted from authenticated sources to ensure their reliability. Surveys conducted related to current and prospective market conditions of Roofing are strictly based on industry experts’ opinions. Report coverage is broad and spans from key market dynamics and regional analysis to company profiles and expert recommendations. Growth driving and challenging factors are thoroughly examined to help readers focus on the most impactful aspects of growth. The study reveals a set of market growth constraints to provide sound knowledge about the existing and potential challenges to business growth, which would play an important role for Roofing companies while strategy designing.
Roofing is the construction or installation of a protective covering for buildings, structures, or residential homes to shield them from the elements, primarily rain, snow, and sunlight. Roofing serves as the outermost layer of a building’s envelope and plays a critical role in maintaining the structural integrity of the structure and ensuring the comfort and safety of its occupants.
Roofing Market is projected to achieve a value of USD 197.6 Billion in 2023, with a linear behavior in the market growth it is forecasted to achieve a value of USD 342.8 Billion by 2033 with a CAGR of 5.0% during the forecast period 2023-2033.
Demand for Roofing in global market is further assessed on the basis of the current and projected performance of respective end-use verticals. Assessment of Roofing demand across a variety of application areas also uncovers the potential applicability that would push market growth at a considerable rate. The competitive landscape analysis of Roofing market uncovers detailed company profiles, revenue shares, portfolio innovations, regional product footprint, key developmental strategies, pricing structure, target markets, and near-term plans of market leaders. This entire section helps readers gain an essence of what is driving competition and what would help them stand out to win new target markets.
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Research Report Following Segments:
Top Key PlayersÂ
Owens Corning (U.S.), Duro-Last Roofing, Inc. (U.S.), BASF SE (Germany), 3M (U.S.), Dow (U.S.), DuPont (U.S.), Braas Monier Building Group (Luxembourg), Sika AG (Switzerland), Atlas Roofing Corporation (U.S.), Innospec (U.S.), ADEKA CORPORATION (Japan), Dorf Ketal Chemicals (I) Pvt. Ltd. (U.S.), PMC Specialties Group (U.S.), Afton Chemical (U.S.), The Lubrizol Corporation (U.S.), Clariant (Switzerland), LANXESS (Germany), Mayzo, Inc. (U.S.), Solvay (Belgium), Akzo Nobel N.V. (Netherlands), Arkema (France) and Eastman Chemical Company (U.S.)
Market, By Type
- Materials
- Chemicals
Market, By Roofing Type
- Flat Roof
- Slope Roof
Market, By Application
- Residential
- Commercial
- Non-Residential
Market, By Product
- Asphalt Shingles
- Concrete and Clay Tile Roof
- Metal Roofs
- Elastomers and Plastic Roofs
- Tile Roofs
- Bituminous Roof
- Others
Market Regional Analysis
The market is segmented by region into North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. The Asia-Pacific region holds the largest share of the market, followed by North America and Europe.
Asia-Pacific is the largest market, accounting for over one-third of the global market share. This is due to the region’s rapid urbanization and infrastructure development, particularly in China, India, and Southeast Asia.
North America is the second-largest market, driven by a strong residential construction market in the United States and Canada.
Europe is a mature market, with a focus on energy-efficient and sustainable roofing solutions.
LAMEA is the smallest market, but it is expected to grow at a faster pace than the other regions due to urbanization and infrastructure development in Latin America, the Middle East, and Africa.
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Key Points:
- Define, describe and forecast Roofing product market by type, application, end user and region.
- Provide enterprise external environment analysis and PEST analysis.
- Provide strategies for company to deal with the impact of COVID-19.
- Provide market dynamic analysis, including Roofing driving factors, market development constraints.
- Provide market entry strategy analysis for new players or players who are ready to enter the market, including market segment definition, client analysis, distribution model, product messaging and positioning, and price strategy analysis.
- Keep up with international Roofing trends and provide analysis of the impact of the COVID-19 epidemic on major regions of the world.
- Analyze the Roofing opportunities of stakeholders and provide market leaders with details of the competitive landscape.
