What is Roofing Materials Market?
Roofing materials are the products used to cover and protect the top of the structure or building. These materials are specially chosen to defend against exterior elements such as rain, snow, direct sunlight and extreme temperatures. These materials sometimes self-supporting, but generally supported by an underlying structure. These materials are extremely diverse with countless color, texture and variations of the base ingredients.
Highlights from Roofing Materials Market Study
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | GAF Materials Corporation (United States), Atlas Roofing Corporation (United States), CertainTeed Corporation (United States), Owens Corning Corp. (United States), Braas Monier Building Group S.A. (Europe), Etex (Belgium), Fletcher Building Limited (New Zealand), TAMKO Building Products, Inc. (United States), Icopal Holding Aps (Denmark) and North American Roofing (United States) |
Research Analyst at AMA predicts that United States Manufacturers will contribute to the maximum growth of Global Roofing Materials market throughout the forecasted period.
GAF Materials Corporation (United States), Atlas Roofing Corporation (United States), CertainTeed Corporation (United States), Owens Corning Corp. (United States), Braas Monier Building Group S.A. (Europe), Etex (Belgium), Fletcher Building Limited (New Zealand), TAMKO Building Products, Inc. (United States), Icopal Holding Aps (Denmark) and North American Roofing (United States) are some of the key players profiled in the study. Roofing Materials Market Segmentation:
Scope | Sub-Segments |
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Application / End User | Residential Construction and Commercial Construction |
Type | Asphalt Shingles, Clay Tile, Metal roofing, Wood Shingles and Other |
Distribution Channel | Online,Offline |
On the basis of geography, the market of Roofing Materials has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Demand for Eco-Friendly Components
Market Growth Drivers:
High Demand for Roofing Activities, Ongoing Construction and Renovation Works Worldwide and Demand for Energy Efficient Roofs
Challenges:
Maintaining the Quality Standards of the Products
Restraints:
High Cost of Manufacturing and Installation
Opportunities:
Growing Construction Industry Worldwide and Increasing Demand from Developing Countries
Key Target Audience
Roofing Material Manufacturers, Research Professionals, Emerging Companies, Raw Material Suppliers/ Buyers, Distributors, Government Body & Associations and End user