Roofing Market Report 2023 (Global Edition)

Global Roofing Market Report 2023 talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Roofing Industry growth. Roofing market has been segmented with the help of its Type, Application Product, and others. Roofing market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.

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By Type, the Flat Roofs segment acquired the major revenue share of Roofing Market!

The flat roofs segment acquired the major revenue share over the forecast period. This is because Flat roofs are a popular roofing option for commercial and industrial buildings. These roofs can be prone to water pooling, which can cause leaks and other issues.

• Flat Roofs
• Slope Roofs

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Roofing Industry. Request a Free Sample PDF!

By Application, the Residential segment held the major market share of Roofing Market in 2022!

Based on application, the residential segment held the major market share in 2022. As technology advances, customers are increasingly customizing their roofing systems in residential buildings. This can include personalized colors and designs, as well as roofing systems that are tailored to the specific needs of the residential buildings.

• Residential
• Commercial
• Industrial

The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the Roofing market report 2023 Edition by contacting our team.

Roofing Product Segment Analysis

The asphalt shingles substrates segment is expected to grow at the highest CAGR for the forecast period. Asphalt shingles are increasingly adopted in residential construction that come in a range of colors, styles, and grades. Asphalt shingles are durable roofing materials, but their lifespan is limited and can vary depending on factors such as the quality of the material and the climate. 

• Asphalt Shingles
• Metal
• Elastomeric
• Roofing Tiles
• Modified Bitumen
• Plastic

Regional Analysis of the Roofing Market:

As per CMR analysis, Asia Pacific is expected to dominate the roofing market during the forecast period. The growth of market is significantly growing in the region due to rapid urbanization and growing government initiatives to promote sustainable building materials. The Asia Pacific region is experiencing significant growth in urbanization, which is driving demand for new construction products, including housing and roofing materials that are durable, energy-efficient, and able to withstand harsh weather conditions.

Region-wise, the market is analyzed across: (In case you wish to acquire a specific region or any country data then please contact us)

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

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Top Companies in Roofing Market

Chemical and materials companies are facing some challenges including stringent rules & regulation, supply chain disruption along with raw material price volatility. Thus, some of the key players are adopting new technologies to enhance their product portfolio. Now days digital technologies play an important role in this sector because it improves efficiency, operations and productivity of the plant. This study helps you to understand the competitor’s revenue generation, key strategies, recent development coupled with its S.W.O.T analysis.

Top Companies Market Share in Roofing Industry: (In no particular order of Rank)

• Atlas Roofing Corporation
• Duro Last Roofing Inc.
• CertainTeed Corporation
• Braas Monier Building Group Services S.A.
• GAF
• Johns Manville
• IKO Industries Ltd.
• Owens Corning
• Firestone Building Products Company
• TAMKO Building Products Inc.
• Carlisle
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