Roofing Market was valued US$ 80 Bn in 2017 and is anticipated to reach approximately US$ 110 Bn by 2026 at a CAGR of 5 % during a forecast of 2018-2026.

Roofing is a necessity in construction and a primary barrier against natural elements such as rain, heat and other atmospheric condition. Roofing is the outer most layer of the building which holds great importance in the construction. Rise in the construction sector, rapid urbanization and remodeling innovations are the key drivers of the market. Roofing market growth is totally depended on the construction sector. Major players in this market are focused on designing efficient roofing systems to ensure durable performance even in the harshest weather conditions.

Roofing Market

By product type roofing market is segmented into Bituminous roofing, metal roofing, and tile roofing. Bituminous roofing is a dominating segment followed by metal roofing. Bituminous roofing offers low cost. Bitumen has a high-tensile strength, excellent performance in the harsh environment condition also technically and aesthetically. Metal roofing is lightweight & portable, durability, low-maintenance, energy efficient, stylish look.Residential, commercial and non-commercial are application segments of the roofing market. A non-residential segment includes warehouses, power plants, and transport infrastructures. Roofing act as a barrier to protect from rain, snow, moisture, and heat to prevent damage of equipment or production processes in a particular installation.

North America, Europe, Asia-Pacific, Middle East & Africa and Latin America are regional segments of the roofing market. Asia-Pacific is holding largest share over a globe. The Asia Pacific is followed by North America and European. China, Japan, and Korea are the largest consumers of roofing. Factors such as repairing and remodeling works being carried out in the Asia-Pacific region, along with construction of new residential and commercial buildings have led to increased demand. China is leading the Asia Pacific roofing market.

Owens Corning, Brass Monier Building Group, Etex, Saint-Gobain, Wienerberger AG, Beacon Roofing Supply, Inc., Atlas Roofing Corporation, Duro-Last, Inc., Carlisle, IKO Industries Ltd and Firestone Building Products Company are the key players of roofing market.

Scope of the Roofing market Report:

By product type:

• Bituminous Roofing
• Metal Roofing
• Tile Roofing

By Application Type:

• Residential
• Commercial
• Non-commercial

By Region:

• North America
• Europe
• Asia Pacific
• Middle East & Africa
• Latin America

Key Players Analysed in the Roofing market:

• Brass Monier Building Group
• Etex
• Saint-Gobain
• Wienerberger AG
• Beacon Roofing Supply, Inc.
• Atlas Roofing Corporation
• Duro-Last, Inc.
• Carlisle
• IKO Industries Ltd
• Firestone Building Products Company
• TAMKO Building Products, Inc.
• Royal Building Products
• Sika AG
• Garland Industries, Inc.
• ROCKWOOL International A/S
• American Hydrotech, Inc.
• Knauf Insulation

For more information visit: https://www.maximizemarketresearch.com/market-report/roofing-market/13593/

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