Growing worldwide construction industry & Rising Demand for Easy and Fast Constr
Posted by Marketresearchfuture on October 11th, 2018
Market research future published a raw research report on Global Roofing Market that contains the information from 2014 to 2022. Global Roofing market is expected to grow with the CAGR of approximately 4% from 2016 to 2022, and with this it is predictable to cross USD 150 Billion by 2022.
Taste the market data and market information presented through more than 85 market data tables and figures spread in 118 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Global Roofing Market Information from 2014 to 2022"
The increasing investment in real-estate and popularity of eco-friendly roofing has driven the market for globally. The demand has constantly been increasing from the Asian regions due to rapid urbanization and increased building renovations and rebuilding. The aesthetic values have gone up considerably over the last few years. This induces the demand for roofing technology.
The report has analyzed the market based on the two segments: roofing products and application in the regions of North America, Europe, APAC and rest of the world. On the basis of roofing products bituminous/asphalt has the largest market share. The share is attributed to the cost effectiveness and ease of installation of the roofing type. On the basis of application, non-residential segment accounts for the largest share both by value and volume due to the increased industrialization. The scope of the market has widened over many years owing to the flourishing markets of APAC. The global roofing market is expected to cross USD 150 Billion at the end of the forecasted period and is expected to grow at CAGR of approximately 4% from 2016 to 2022.
APAC will be the largest market APAC is expected to dominate the market with its largest and fastest growing market size for roofing. The reason is attributed to the changing lifestyles of the people which have fueled the demand for high aesthetic values in the building construction. This has resulted in increased renovations of residential and non-residential construction.
It is followed by North America and Europe. The markets are growing over a steady rate and are expected to show similar trend in coming years.
Ask for your specific company profile and country level customization on reports. Roofing Corporation, Owens Corning, Duro-Last Roofing, Inc., CertainTeed Corporation, Braas Monier Building Group Services GmbH, GAF, Johns Manville, IKO Industries Ltd., Firestone Building Products Company, TAMKO Building Products Inc.
This research report has provides the insights, on various levels of analyses such industry analysis, market share analysis leading market players and their profiles. This report also helps in studying the target segments by providing views on emerging & high-growth segments and market conclusion. Together the market data comprise and discuss with the basic assessments on the competitive scenarios & strategies, of the global roofing market, including the high-growth regions, countries and their political, economic and technological environments. Furthermore the project report also provides the views over the historical market values as well as, pricing and cost analysis of the same.
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