Apr 04, 2019 (Heraldkeeper thru COMTEX) — Global Roofing Market Research Report Covers Historical Market Trends, Current Market Dynamics, Market Valuation by Segmentation as Well as Region, Country-degree Analysis for Every Segment, Key Player’s Market Share Analysis, Competitive Landscape, and Supply Chain Analysis.
Global Roofing Market Information using roofing (Bituminous/Asphalt, Elastomeric, Metal, Tile, Built-up, and others), by using software (Commercial, Residential, Industrial, and others) and Region – Forecast to 2022
The key players inside the international roofing marketplace encompass CertainTeed Corporation (USA), Braas Monier Building Group Services GmbH (Germany), Duro-Last Roofing Inc. (USA), Atlas Roofing Corporation (USA), General Aniline & Film (GAF) (USA), Firestone Building Products Company (USA), IKO Industries Ltd. (USA), Owens Corning (USA), Johns Manville (USA), and TAMKO Building Products Inc. (USA).
Latest Industry News
Standard Industries Inc. Has acquired 200 orders for solar roofs. It is awaiting to ship 2,000 sunroofs this 12 months, giving hard competition to Tesla. 18 MAR 2019
In West Virginia, Semplastics is the usage of coal in a green way to manufacture roofing tiles. 22 MAR 2019
Toronto-primarily based IKO, an international producer of roofing and related building materials, is buying the former RadioShack warehouse near Hagerstown where they have plans to save the goods synthetic in Tandy Drive facility, in which the production is to start in 2020. IKO is investing US $ 70 mn inside the plant. 22 MAR 2019
Global Roofing Market figured to be well worth US $ one hundred fifty bn with the aid of 2022 due to improved upkeep and transforming
Roofing is described as the outer most layer of the building whose properties rely upon the kind of roofing and the fabric used for roofing. Market Research Future (MRFR) has posted and launched a studies file on the worldwide roofing market that calculates hike for this marketplace at four% CAGR (Compound Annual Growth Rate) all through the forecast duration that could result in 2022. By value, the marketplace has been figured to be well worth the USA $ a hundred and fifty bn using the cease of the forecast duration.
Observing the market structure, this record measures the destiny boom capacity of the market. It gauges the techniques of the key gamers inside the marketplace and aids the competitive trends like new product trends, joint ventures, mergers & acquisitions, studies and traits (R&D) in the marketplace.
The essential marketplace drivers for the global roofing market are elevated cognizance approximately green roofing, fast technological advancement, surge in actual-estate funding and expanded preservation & reworking. Other factors helping the market growth encompass converting life, cognizance a few of the clients approximately the exquisite & green roofing technology, the increasing disposable profits, and the developing need for building transforming & upkeep of the prevailing properties.
Raw Materials Suppliers
Research Institute / Education Institute
Key executive (CEO and COO) and approach growth manager
The worldwide roofing market may be segmented into cloth, software, and vicinity. The cloth-primarily based segmentation of this market covers constructed-up, bituminous/asphalt, steel, elastomeric, tile, and others. Based on utility, the marketplace can be segmented into business, industrial, residential, and others.
The nearby segmentation of the worldwide roofing marketplace segments the marketplace into local markets namely Europe, North America, Asia Pacific, and the Middle East & Africa (MEA). The Asia Pacific vicinity is each the biggest in addition to the quickest growing regional marketplace because of the growing call for for more houses, growing population, increasing industrialization, and the need for greater factories so that the industrial production can be multiplied. The production of industrial in addition to non-industrial buildings is developing within the Asia Pacific place. The crucial economies that can be critical country-unique markets on this region are China, India, and Japan.
North America is the second one maximum crucial local market whereas Europe is the third biggest regional market. In each areas, the marketplace is stagnant because both of these regions have hooked up infrastructure in both advertisements as well as non-commercial factors. In those regions, the market is regular because of government initiatives encouraging the usage of such green roofing era. In North America, the important economies that may be desirable markets are the us and Canada. Many crucial market players are based totally inside the USA. In Europe, the critical economies are France, Germany, and the UK.
In the MEA area, the marketplace is confined because of restricted availability of relevant technology, restrained production sports, majority international locations being terrible countries, lack of know-how approximately green roofing, lack of schooling, and low according to capita profits.