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Roofing Market Growth to Reflect Impressive Growth Rate by 2026<br>
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©2019 Transparency Market Research, All Rights Reserved Roofing Market - Global Industry Analysis, Size, Share, Growth Trends 2019 - 2027 ©2019 Transparency Market Research, All Rights Reserved
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©2019 Transparency Market Research, All Rights Reserved Roofing Market: Description • Roof is a vital part in house construction that provides protection from natural elements and climatic conditions. Roofing materials are external layers applied on the roof of abuilding. • These are sometimes self-supporting, but are generally supported by underlying structures. The outer layer of a roof varies depending on the availability of materialand the nature of the supporting structure. • Roofing materials range from natural products such as thatches and slates to commercially availableproducts such as bituminous, tiles, and plasticsheeting • View Report Download Brochure ©2019 Transparency Market Research, All Rights Reserved
©2019 Transparency Market Research, All Rights Reserved What are Key Growth Drivers of Global Roofing Market? • Rise in demand forlaminated asphalt shingles with textured surface is projectedto drive the globalroofingmarket in the next few years. • Tiles is also one of the major product segments of the global roofing market. Increase in concern about the environment is significantly influencingprospectivehomebuyers anddevelopers. • Tile roofing lowers the need for air conditioning, leading to a decrease in electricity consumption. This is projected to boost the demandfor tilesduring the forecast period. • Metal roofing is gaining momentum in the global roofing market owing to the increase in demand for green construction materials. Metalroofinghasexceptionallongevity,and, thus, low lifecyclecost.
©2019 Transparency Market Research, All Rights Reserved What are Key Challenges for Global Roofing Market? • Asphalt is the major raw material used in the manufacture of bituminous roofing materials,which is the leading product segmentof the roofingmarket • Quality and availability of asphalt is a continuous challenge for manufacturers of roofing materials. • The major raw material for bitumen is gasoline and demand for gasoline is still declining. This has adversely affected the supply of bitumen and asphalt. • Moreover, expensive manufacturing techniques such as the oxidation process have raised the production cost of bituminousroofing. ©2019 Transparency Market Research, All Rights Reserved
©2019 Transparency Market Research, All Rights Reserved Leading Players in Global Roofing Market • • • • • GAF Materials Corporation CertainTeed Corporation Owens Corning Corp. Braas Monier Building Group Carlisle Companies Incorporated. ©2019 Transparency Market Research, All Rights Reserved
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