Despite the COVID-19 dilemma, the worldwide market for roofing, which was anticipated to be worth US$79.3 billion in 2020, is expected to expand to US$101.9 billion by 2027, with a CAGR of 3.7 percent throughout the research period.

Asphalt Shingles, one of the report’s sectors, is expected to grow at a 3.4 percent compound annual growth rate (CAGR) and reach US$31.5 billion by the conclusion of the analysis period. After an early assessment of the pandemic’s commercial effects and the resulting economic crisis, the Metal segment’s growth is revised to a revised 4.5 percent CAGR over the next seven years.

The market in the United States is estimated to be worth $18.5 billion, while China is expected to grow at a rate of 5.1 percent each year.

In the United States, the roofing business is expected to be worth $18.5 billion by 2020. China, the world’s second biggest economy, is expected to reach a projected market size of US$22 billion by 2027, representing a 5.1 percent CAGR from 2020 to 2027. Japan and Canada are two more important geographic markets, with forecasted growth rates of 2.2 percent and 2.9 percent, respectively, from 2020 to 2027. Germany is expected to expand at a CAGR of around 2.8 percent in Europe.

The Elastomeric Segment is expected to grow at a rate of 3.9 percent each year.

The United States, Canada, Japan, China, and Europe are expected to fuel the worldwide Elastomeric segment’s 4 percent CAGR. By the end of the analysis period, these regional markets, which had a combined market value of US$3.4 billion in 2020, will have grown to US$4.4 billion. In this group of regional markets, China will continue to be one of the fastest expanding. The Asia-Pacific market is expected to reach US$18.4 billion by 2027, led by nations like Australia, India, and South Korea, while Latin America will grow at a 3 percent CAGR throughout the study period.

Competitors Featured (Total 128 Featured) –

Atlas Roofing Corporation, American Hydrotech, Inc.
Carlisle Construction Materials LLC is a construction materials company based in Carlisle,
Building Brands: A Cornerstone
Etex Group SA Duro-Last Roofing, Inc.
Building Materials by Firestone
Insulation by Fletcher
IKO Industries, Ltd. is a company based in Japan.
Johns Manville is a brand of Johns Manville.
Nucor Building Systems is a subsidiary of the Masterplast Group International.
Owens Corning is a manufacturer of building materials.
Rockwool International A/S is a company based in Denmark.
SA Saint-Gobain
CertainTeed Corporation is a company that manufactures and sells roofing
Sika AG is a German pharmaceutical company.
Standard Industries, Inc. Sika Sarnafil, Inc.
Braas Monier Building Group S.A. BMI Group Braas Monier Building Group S.A.
BMI UK & Ireland is a record label based in the United Kingdom and Ireland
The Garland Company, Inc. GAF TAMKO Building Products, Inc. USG Boral Wienerberger AG Xtratherm Limited

The following are the main topics that will be covered:




Insights on the Influencer Market
Market Trends Around the World
An Overview of Roofing Materials Types of Roofing Materials
Shingles made of asphalt
Built-up Roofs Metal Roofing Elastomeric Roofing
Tiles for Roofing
Wood Slate Roofs Modified Bitumen Plastic Roofing Other Types of Roofing
Roofing and waterproofing systems that are applied cold
Monolithic Membrane Systems for Liquid Application
Roofing Felts (Single Ply)
Roofing Systems Made of Polyurethane
Roofing Materials: Improving Residential and Non-Residential Buildings’ Strength, Durability, and Energy Efficiency
Demand for roofing products is fueled by the residential sector.
Although asphalt shingles are still the most popular roofing material, metal roofs are becoming more popular. Acceptance can be found.
Economies in Asia Leading the Charge in the Global Roofing Market
COVID-19’s Consequences Disruptions in the Roofing Market Supply Chain, Affecting Prospects in the Construction Industry
Companies must prepare to deal with the crisis.
Renovations and re-roofing of buildings are major revenue generators in developed markets.
Market Demand is Supported by Infrastructure Projects



The Constant Demand for Roofing in Buildings Roofing materials are in high demand.
Trends in Roofing Technology Summarized
Surfaces that are dark and reflective
Building-Integrated Photovoltaics Fireproof Roofing Green Roofing Insulated Roofing Cool Roofing (BIPV)
Roofing Colors Solar Roofing Living Roof Metal Roofing
Tiles for Roofing
TPO Single-Ply Roofing Membranes for Slate Roofs
Flat Roofs with Elastomeric and Plastic Roofing
Flat Roofing Made of Membranes
The Importance of an Environment-Friendly and Technologically-Advanced Seamless Gutter is Growing
The Fundamental Growth Driver is Advanced Roofing Solutions.
Roofing Options That Are Long-Lasting Obtain Notoriety
Concerns about rising heat and smog levels in urban areas Necessitate Advanced Roofing Solutions is a company that specializes in roofing.
A Look at Some Environmentally Friendly Roof Material Options
Increased Energy Consumption and the Need for Energy-Efficient Roofing as a Result Roofs that are insulated are in high demand.
Increased Global Temperatures as a Result of Climate Change Roof Insulation Fuel Demand
Growing Green building materials are in high demand due to the need for sustainability and cost savings.
Technologies for Green Roofing Offer a Massive Untapped Market
Roofs that are solar-ready
Asphalt Shingles That Save Energy
Roof Coatings That Reflect Light
Roofing Shades That Are Lighter Find a Friend
Asphalt Shingles Survive Despite Competition from Alternative Roofing Materials Maintain the Lead in Asphalt Roofing Innovations to Support Segment Growth
Shingle Recycling Gathers Hybrid Asphalt Roof Systems Find Widespread Application Momentum
As a replacement for traditional roofing materials, newer roofing alternatives are emerging.




Visit https://www.researchandmarkets.com/r/ln2trs for more details on this study.
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