Know The Region Which Is Expected To Have The Largest Share In The Roofing Materials Industry
Roofing material is the outer layer on the roof of a residential and non-residencial building. This material is sometimes self-supporting but generally supported by an underlying structure. Roofing material provides shelter from the natural elements.
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The outer layer of a roof shows great variation dependent upon availability of material, and the nature of the supporting structure. A wide variety of roofing materials are commercially available, depending on the structural, aesthetic, and economic requirements of consumers. Over the past few years, roofing structures have appeared as an architectural trademark. The APAC region is expected to have the largest share in the roofing materials market.
The roofing materials market has
witnessed significant growth owing to factors such as increasing product
application in residential and commercial construction activities coupled with
growing demand from non-residential sectors of developing regions such as
China, India, Indonesia, Malaysia, and Brazil. Moreover, rising focus on the
construction of green and energy-efficient buildings provides a huge market
opportunity for the key players operating in the roofing materials market.
However, high cost-sensitive features of roofing material is projected to
hamper the overall growth of the roofing materials market. Growing
construction sector and supportive government regulations are the key factors
driving the roofing materials market.
The global roofing materials
market is segmented on the basis of product and application. On the basis of product,
the roofing materials market is segmented into asphalt shingles, concrete and
clay tiles, metal roofs, plastics, and others. Based on application the global
roofing materials market is divided into residential and non-residential.
Top Manufacturers
- Atlas Roofing Corporation
- BMI Group
- Boral Roofing
- Carlisle Construction Materials
- CertainTeed
- Etex
- Euroshield Roofing & G.E.M. Inc.
- GAF
- Johns Manville
- Owens Corning
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