Roofing Systems Market worth 157.56 Billion USD by 2021

Posted February 20, 2019 by ggshri1989

[201 Pages Report] Roofing Systems Market categorizes the global market by Material, Product, Construction Type, End-Use Sector.

According to the new market research report “Roofing Systems Market by Material (Asphalt, Metal, Plastic, Clay, Concrete), Product (Shingles & Plates, Tiles), Construction Type (New Construction & Reform Construction), End-Use Sector (Residential & Non-Residential) - Global Forecast to 2021”, published by MarketsandMarkets™, the market for roofing systems is projected to grow from USD 109.72 Billion in 2016 to USD 157.56 Billion by 2021, at an estimated CAGR of 3.06%.

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The growth is due to the growing construction activities, globally. Government regulations regarding zero energy building codes and green roofing also provide an opportunity to the market to grow further, especially in the emerging Asia-Pacific and Latin American regions.

Residential sector to gain maximum traction during the forecast period

The residential sector is projected to be the fastest-growing segment by 2021. The non-residential sector comprises industrial, commercial, and other applications. New construction and remodeling are expected to increase the demand for roofing systems.

The shingles & plates segment contributes maximum market share to the roofing systems market

Shingles & plates held the largest market share because of their low cost and easy installation techniques. They are the most preferred roofing products for residential buildings, as they are durable and can last for up to 30 to 40 years. Also, growing construction projects, both residential and commercial, have driven the market in this segment. Other roofing products include tiles, sheets, and shakes.

Browse and in-depth TOC on “Roofing Systems Market”
216 - Tables
57 - Figures
201 - Pages

Don’t miss out on business opportunities in “Roofing Systems Market”. Gain crucial information about the industry insights that will help your business grow with Special Discount:

Asia-Pacific to play a key role in the market for roofing systems

On the basis of key regions, the market for roofing systems is segmented into North America, Europe, Asia-Pacific, and RoW. The Asia-Pacific region is the most attractive market for roofing systems. Rising economy and rapid growth in the infrastructure sector in this region have significantly impacted the growth of roofing systems. This region is projected to see the highest number of new constructions and infrastructural activities in the near future.

The market ecosystem for roofing systems C is dominated by large players such as Compagnie de Saint Gobain SA (France), Etex Group NV (Belgium), Boral Limited (Australia), Braas Monier Building Group SA (Luxembourg), Owens Corning (U.S.), and Carlisle Companies Incorporated (U.S.). Other players in this market include CSR Limited (Australia), The Siam Cement Public Company Limited (Thailand), Berkshire Hathaway, Inc. (U.S.), and Atlas Roofing Corporation (U.S.).

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Issued By MarketsandMarkets™ INC.
Phone 8886006441
Business Address 630 Dundee Road
Suite 430
Country United States
Categories Business , Industry , News
Tags Roofing Systems Market
Last Updated February 20, 2019