Roofing Market worth 270.40 Billion USD by 2026
The global roofing market is projected to reach USD 270.40 Billion by 2026, at a CAGR of 4.9% from 2016 to 2026. The growth of the global roofing market is mainly driven by increasing demand for roofing materials.
(EMAILWIRE.COM, January 06, 2017 ) The report "Roofing Market by Type (Materials, and Chemicals), Application (Residential, Commercial, Non-Residential), and Region (Asia-Pacific, North America, Europe, South America, and Middle East & Africa) - Global Forecasts to 2026", The global roofing market is projected to reach USD 270.40 Billion by 2026, at a CAGR of 4.9% from 2016 to 2026. Increasing demand for roofing materials from residential and commercial sectors due to growing urbanization is driving the global roofing market. In addition, repairing and remodeling works being carried out in developed countries are also propelling the growth of the global roofing market.
Browse 66 market data tables and 44 figures spread through 131 pages and in-depth TOC on “Roofing Market - Global Forecasts to 2026” <||>rnhttp://www.marketsandmarkets.com/Market-Reports/roofing-market-226133434.html
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The materials type segment is leading the global roofing market.
The demand for various roofing materials, such as metals, tiles, membranes, and fiberglass/plastics, among others is growing due to increase in the number of non-residential construction activities taking place across the globe. These involve construction of power infrastructure and transport infrastructure, among others, which have led to the growth of the materials type segment of the global roofing market.
The non-residential application segment is estimated to account for the largest share of the global roofing market between 2016 and 2026.
The use of roofing materials in non-residential construction, such as warehouses, power plants, and transport infrastructures, among others is increasingly continuously as roofing helps to avoid harmful effects of rain, snow, moisture, and heat that could damage the equipment or production processes in a particular installation. Roofing also helps to maintain thermal insulation properties of buildings. These factors lead to the growth of the non-residential application segment of the global roofing market.
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The Asia-Pacific roofing market is projected to grow at the highest CAGR during the forecast period.
The Asia-Pacific region is the largest market for roofing, globally. It is followed by the North American and European regions. China, the U.S., Japan, and Korea are the largest consumers of roofing materials and chemicals. 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 for roofing materials and chemicals in the Asia-Pacific region. China is leading the Asia-Pacific roofing market. It is followed by Japan, India, Australia, South Korea, Malaysia, and Thailand.
The key players in the global roofing market include Owens Corning (U.S.), Duro-Last Roofing, Inc. (U.S.), BASF SE (Germany), 3M Company (U.S.), The Dow Chemical Company (U.S.), Braas Monier Building Group (Luxembourg), Sika AG (Switzerland), and Atlas Roofing Corporation (U.S.), among others.
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MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Browse 66 market data tables and 44 figures spread through 131 pages and in-depth TOC on “Roofing Market - Global Forecasts to 2026” <||>rnhttp://www.marketsandmarkets.com/Market-Reports/roofing-market-226133434.html
Early buyers will receive 10% customization on this report.
The materials type segment is leading the global roofing market.
The demand for various roofing materials, such as metals, tiles, membranes, and fiberglass/plastics, among others is growing due to increase in the number of non-residential construction activities taking place across the globe. These involve construction of power infrastructure and transport infrastructure, among others, which have led to the growth of the materials type segment of the global roofing market.
The non-residential application segment is estimated to account for the largest share of the global roofing market between 2016 and 2026.
The use of roofing materials in non-residential construction, such as warehouses, power plants, and transport infrastructures, among others is increasingly continuously as roofing helps to avoid harmful effects of rain, snow, moisture, and heat that could damage the equipment or production processes in a particular installation. Roofing also helps to maintain thermal insulation properties of buildings. These factors lead to the growth of the non-residential application segment of the global roofing market.
Request for Sample Pages @ http://www.marketsandmarkets.com/requestsample.asp?id=226133434
The Asia-Pacific roofing market is projected to grow at the highest CAGR during the forecast period.
The Asia-Pacific region is the largest market for roofing, globally. It is followed by the North American and European regions. China, the U.S., Japan, and Korea are the largest consumers of roofing materials and chemicals. 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 for roofing materials and chemicals in the Asia-Pacific region. China is leading the Asia-Pacific roofing market. It is followed by Japan, India, Australia, South Korea, Malaysia, and Thailand.
The key players in the global roofing market include Owens Corning (U.S.), Duro-Last Roofing, Inc. (U.S.), BASF SE (Germany), 3M Company (U.S.), The Dow Chemical Company (U.S.), Braas Monier Building Group (Luxembourg), Sika AG (Switzerland), and Atlas Roofing Corporation (U.S.), among others.
About MarketsandMarkets
MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
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MarketsandMarkets™
Mr. Rohan
Tel: 1-888-600-6441
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results