The international roofing substances market size is predicted to reach USD 154.2 billion with the aid of 2025, registering a CAGR of four.2% for the duration of the forecast length. Thriving construction industry as a result of consistent financial increase, coupled with low interest prices leading to boom in approval of building initiatives, is expected to aid marketplace enlargement.
Growing fashion of development of reflective coatings for darkish-colored roofing materials, which enable higher warmth mirrored image and reduce overall strength necessities, is presumed to gasoline marketplace expansion. In addition, evolving technology to enhance the weatherability, set up, and aesthetics of the membrane roofing fabric is projected to boost product demand.
The market famous the presence of a large wide variety of substitutes, inclusive of residing roofs, recovery coatings, and solar and SPF roofs. These substances have better performance traits as compared to commonplace roofing materials to be had inside the market. However, excessive preservation and installation price are predicted to restriction their growth, ensuing in slight danger of substitutes.
The enterprise is characterized via excessive brand loyalty, coupled with hooked up lengthy-time period relationships among clients and producers. Major marketplace gamers are specializing in enhancing their logo popularity by offering a extensive range of merchandise with higher fine requirements in comparison to competitors.
Further key findings from the observe recommend:
On the basis of product, concrete and clay tile ruled the roofing substances market in 2018 and accounted for 35.6% proportion inside the ordinary revenue, which can be attributed to their ease of set up, availability, durability, electricity performance, and low cost.
In phrases of revenue, the residential utility segment is expected to sign up a CAGR of 4.Four% over the forecast duration. This might be attributed to rising residential creation in emerging economies because of increasing population and stable monetary growth.
Asia Pacific emerged as the largest regional marketplace in 2018 and is expected to reach USD 51.81 billion by way of 2025 because of increasing infrastructure improvement sports, including maintenance of airports, putting in place of SEZs, and establishment of IT parks.
In terms of sales, China is expected to showcase a CAGR of five.8% over the forecast duration due to government projects to inspire sustainable creation practices and increase electricity efficiency.
Industry players are specializing in inorganic growth by using expanding their product portfolio to offer next generation answers to their customers. In addition, they’re aiming to integrate their manufacturing and distribution operations to increase their income margins.
Key Topics Covered
Chapter 1 Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.4. Information Analysis
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segmental Outlook
2.Three. Competitive Insights
Chapter 3. Market Variables, Trends, and Scope
three.1. Market Segmentation
three.2. Market Penetration & Growth Prospect Mapping
three.3. Industry Value Chain Analysis
3.Four. Technology Overview
three.5. Regulatory Framework
three.6. Market Dynamics
3.7. Business Environment Analysis: Global Paper Market
Chapter 4. Global Roofing Materials Market: Product Estimates & Trend Analysis
4.1. Global Roofing Materials Market: Product Movement Analysis, 2018 & 2025
four.2. Asphalt Shingles
4.3. Concrete & Clay Tile Roofs
4.4. Metal Roofs
four.Five. Elastomers & Plastic Roofs
Chapter 5. Global Roofing Materials Market: Application Estimates & Trend Analysis
five.1. Global Roofing Materials Market: Application Movement Analysis, 2018 & 2025
Chapter 6. Global Roofing Materials Market: Regional Estimates & Trend Analysis
6.1. Global Roofing Materials Market: Regional Movement Analysis, 2018 & 2025
6.2. Regional Top 5 Players
6.3. SWOT Analysis, with the aid of Factor (Political & Legal, Economic And Technological)
6.4. North America
6.6. Asia Pacific
6.7. Central & South America
6.8. Middle East & Africa
Chapter 7. Competitive Landscape
7.1. Competitive Heat Map Analysis
7.2. Vendor Landscape
7.3. Competitive Environment
7.Four. Competitive Market Positioning
7.5. Strategy Framework
Chapter eight. Company Profiles
eight.1. GAF Materials Corporation
eight.2. Atlas Roofing Corporation
eight.Three. CertainTeed Corporation
eight.4. Owens Corning
eight.Five. Braas Monier Building Group
eight.7. Fletcher Building Limited
eight.Eight. TAMKO Building Products Inc.
8.Nine. North American Roofing
eight.10. CSR Ltd.
8.11. Saint Gobain S.A.
Eight.12. The Siam Cement Public Co. Ltd.
Eight.13. Carlisle Companies Inc.
Eight.14. Johns Manville
eight.15. Boral Ltd.