Industry Analysis

From the name itself, it is clear that roofing is a technique involving the use of certain materials such as polymer, concrete, metal, or others to build the roof of any given infrastructural facility. Roofing provides protection against rain, snow, sunlight, extremes of temperature, and wind. Roofing can be built with different shapes such as gabled, hipped, butterfly, arched, flat, mono-pitched, and domed.   

 

Data Bridge Market Research analyses that the roofing market value, which was USD 108.03 billion in 2021, is expected to reach the value of USD 165.79 billion by 2029, at a CAGR of 5.50% during the forecast period. "Materials" accounts for the most prominent type segment in the roofing market owing to the growing urbanization and increased investments in non-residential infrastructures, such as transportation services, power plants, warehouses, manufacturing facilities, and production units, among others. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and climate chain scenario.

Roofing Market research report has put forth a bench-marking example for a vibrant market that explores several recommendations and practical growth strategies in relation to the market. The market report covers a wide spectrum of regions and also focuses on key regions that include North America, Europe, Asia Pacific, Middle East, South America, and the Middle East & Africa (MEA). The chapter of the competitive landscape is presented well in the market research report and is analyzed based on the tools such as Porter’s five forces analysis. The study throws light upon market attractiveness where all the segments are arranged based on the compound growth rate, size, and general attractiveness.

 

 

Get Sample Report: https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-roofing-market

 

 

Restraints/Challenges Global Roofing Market

• Fluctuating prices  

Fluctuations or volatility in the prices of raw materials and machinery equipment is posing a major threat to the growth of the market. Further, uneven availability of raw materials at one particular location is demeaning the growth of the market.  

 

• High capital investment

Requirement of high capitals costs to invest in the relevant machinery and undertake operations is one of the biggest challenges for the market. Also, high machinery operating and maintenance costs will restrict the scope of growth. Going by the current global recession trends, there is bound to be a dent in the market growth rate. Also, high costs associated with research and development proficiencies will further derail the market growth rate.

 

• Norms, standards and regulations

Imposition of stringent regulations by the government on a wide range of industrial applications will further slowdown the market growth rate. Lack of standardization norms will further worsen the market situation.   

 

This roofing market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market.

 

An excellent Data bridge market research report covers the systematic and comprehensive market research study, to provide the facts and figures allied with any subject in the field of marketing. With the specific and state-of-the-art information presented in this industry report, businesses can be aware about the types of consumers, consumer’s demands and preferences, their perspectives about the product, their buying intentions, their response to particular product, and their varying tastes about the specific product already existing in the Chemical and Materials industry. Quality and transparency are strictly maintained while carrying out research studies to offer an exceptional market research report for specific niche.

 

Get full access to the report: https://www.databridgemarketresearch.com/reports/global-roofing-market

 

 

Industry Segmentation and Size

The roofing market is segmented on the basis of type, application and product. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

 

Type

 

• Materials
• Chemicals

Application

 

• Residential
• Commercial
• Non-Residential
• Others

Product  

 

• Asphalt Shingles
• Concrete and Clay Tile Roof
• Metal Roofs
• Elastomers and Plastic Roofs
• Tile Roofs
• Bituminous Roof
• Others

 

Market Country Level Analysis

• The countries covered in the roofing market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

 

Industry Share Analysis

Some of the major players operating in the roofing market are:

 

• 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)
• Eastman Chemical Company (U.S.)

 

Roofing Market Report Answers the Following Questions:

 

• What is the current size of the Roofing Market?
• What are the key drivers and challenges for the Roofing Market?
• What are the different types of Roofing Market?
• What are the leading companies operating in the Roofing Market?
• What is the future outlook for the Roofing Market?

 

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