According to a new market research report published by Global Insight Services “ Roofing Materials Market is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
A roofing material is a material used to provide a waterproof barrier over a roofing deck. Roofing materials are available in a wide range of options, each with their own benefits and drawbacks. The most common roofing materials are asphalt shingles, metal roofing, tile, and slate.
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Top Key Players in Roofing Materials market: Certain Teed, Etex, Tamko Building Products LLC, GAF, Saint-Gobain, Fletcher Building, Sika AG
Key Trends
One is the development of more energy-efficient materials. This includes materials that reflect more sunlight and thus keep buildings cooler in summer and materials that are better insulated to reduce heat loss in winter.Another trend is the development of more durable materials. This includes materials that are resistant to fire, wind, and hail, and that can better withstand the elements over time.
Key Drivers
Firstly, the market is being driven by the rising demand for energy-efficient and sustainable roofing materials. This is due to the increasing awareness of the need to reduce our carbon footprint and the impact of climate change.Secondly, the market is also being driven by the increasing popularity of green and sustainable building practices. This is resulting in a growing demand for products that are made from sustainable materials and have a low environmental impact.
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Market Segments
The roofing materials market is segmented by product, application, and region. By product, the market is classified into tile, metal, plastic, and others. Based on application, it is bifurcated into residential, and non-residential. Region-wise, the market is segmented into North America, Europe, Asia Pacific, and the Rest of the World.
Reasons to buy Roofing Materials Report:
- Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
- Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
- Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
- Develop business and M&A strategies through understanding of latest trends and emerging players in the market
- Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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Key Questions answered in the report:
- How is the market structured and what the key drivers and trends of this industry?
- How is the market segmented and what is the size of each segment?
- Which segments and geographies provide best growth opportunities?
- What’s the competitive landscape and positioning of players in this market?
- What is the impact of latest events such as Covid-19 and Russia-Ukraine conflict on the market?
About Global Insight Services:
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