According to the recent study the global roofing material market is projected to reach an estimated $219 billion by 2030 at a CAGR of 4% from 2023 to 2030. Growth in this market is primarily driven by increasing demand for residential buildings and investments in the renovation and redevelopment of residential and commercial buildings.
A more than 150-page
report to understand trends, opportunities and forecast in roofing material
market by product (shingles, metal, tiles, and others), application
(residential and commercial), and region (North America, Europe, Asia Pacific,
and the Rest of the World).
Lucintel forecasts that
tiles will remain the largest product segment, and it is also expected to
witness the highest growth over the forecast period because they offer the
advantages of durability, superior aesthetics, versatility, and ease of
recycling.
Within the global
roofing material market, residential will remain the largest application over
the forecast period due to rising government and institutional support for the
development of housing infrastructure in emerging economies, increasing
population and growing preference for single-family housing structures.
Download sample by clicking on roofing material
market.
APAC will remain the
largest region over the forecast period due to urbanization and rapid
industrialization, especially in China and India, coupled with population
expansion in this region.
GAF Materials
Corporation., Owens Corning, Saint-Gobain, Inc., BMI Group, Berkshire Hathaway are the major suppliers in the roofing
material market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1 972.636.5056
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