New York, July 21, 2021 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of its report “Roofing Material Market Report: Trends, Forecast and Competitive Analysis” – https://www.reportlinker.com/p06106146/?utm_source =GNW
The future of the global roofing materials market looks promising with opportunities in both the residential and commercial construction sectors. The global roofing materials market is expected to reach an estimated $152 billion by 2026 at a CAGR of 6% from 2020 to 2026. The main drivers for this market are increasing investment in the renovation and redevelopment of residential and commercial buildings.
Emerging trends, which have a direct impact on the dynamics of the industry, include the use of 3D printing technologies in roofing systems and the emergence of the use of reflective coatings for dark colored roofing materials.
The research covers trends and forecasts for the global Roofing Materials market by product, application and region as follows:
By product [Value ($M) from 2015 to 2026]:
• Floor tiles
On request [Value ($ Million) from 2015 to 2026]:
Per region [Value ($ Million) and Volume (Million Units) from 2015 to 2026]:
• North America
• United Kingdom
Some of the roofing companies profiled in this report include GAF Materials Corporation, Owens Corning, Saint-Gobain, BMI Group, Atlas Roofing Corporation, Carlisle and Berkshire Hathaway.
The analyst predicts that tiles will remain the largest segment and is also expected to see the greatest growth over the forecast period due to the advantages of tiles: durability, superior aesthetics, versatility and ease of recycling.
Within the global roofing materials market, housing will remain the largest application over the forecast period due to increasing government and institutional support for housing infrastructure development in emerging economies, increasing population and growing preference for single-family homes.
APAC will remain the largest region over the forecast period due to urbanization, rapid industrialization, especially in China and India, coupled with population growth in this region.
Features of the global roofing market:
• Market Size Estimates: Estimation of the global roofing market size in terms of value ($B) and volume (million metric tons) of shipping.
• Trend and forecast analysis: market trends (2015-2020) and forecast (2021-2026) by different segments.
• Segmentation Analysis: Global Roofing Materials market size by product, application and region in terms of value.
• Regional analysis: global roofing market breakdown to North America, Europe, Asia-Pacific and the rest of the world.
• Growth Opportunities: Analysis of growth opportunities by product, application and region for the global roofing materials market.
• Strategic analysis: This includes mergers and acquisitions, new product development and the competitive landscape of the global roofing materials market.
• Industry competitive intensity analysis based on Porter’s Five Forces model.
This report answers the following 11 key questions
Q.1 What are some of the most promising growth opportunities for the global roofing materials market by product (shingles, metal, tile and others), application (residential and commercial) and region (North America, Europe, Asia-Pacific and rest of the world)?
Q.2 Which segments will grow faster and why?
Q.3 Which region will grow faster and why?
Q.4 What are the main factors influencing market dynamics? What are the drivers and challenges of the global Roofing Materials market?
Q.5 What are the business risks and threats to the global roofing market?
Q.6 What are the emerging trends in this roofing materials market and the reasons behind it?
Q.7 What are some changing customer requirements in the roofing materials market?
Q.8 What are the new developments in the roofing market? Which companies are leading these developments?
Q.9 Who are the key players in the Roofing Materials Market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competing products and processes in the roofing materials market, and what is the threat they pose to loss of market share from material or product substitution?
Q.11 What mergers and acquisitions have occurred in the global roofing materials market in the past five years?
Read the full report: https://www.reportlinker.com/p06106146/?utm_source=GNW
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