Commercial Roofing Materials Market Overview:
Commercial roofing materials provide durability and aesthetic appeal to a roof and they are essential part of an infrastructure. Material selection is highly dependent on geographical location, for instance, shingles are very much in demand in Americas whereas they are very less preferred in Asia Pacific. Commercial roofing materials are primarily segmented into low sloped roofing and slow sloped roofing and further they are segmented according to the type of materials. In terms of revenue, the global commercial roofing materials market was valued at US$7.5 bn in 2015, and is expected to reach US$10.38 bn by 2024, after expanding at a CAGR of 3.6% within a forecast period from 2016 to 2024.
Commercial Roofing Materials Market: Dynamics
In recent years, the construction sector has witnessed significant surge in commercial activities indorsing high growth of the market around the world. Further, increase in re-roofing activities in developed economies is another major factor driving the demand of the commercial roofing materials market. Also, Developed economies are expected create to more opportunities for the growth of the commercial roofing material market due to theses increasing renovation activities. Among the building type, low sloped roofing segment is expected to account for higher market share as compared to slow sloped roofing due to its low cost availability and great flexibility. However, market of the commercial roofing materials could be restricted due to its variable lifespan to some extent.
Report For Report Sample with Table of [email protected] https://www.researchreportinsights.com/report/sample/110114768/Commercial-Roofing-Materials-Market
Commercial Roofing Materials Market Segmentation:
On the basis of building type, Commercial Roofing Materials market is segmented into:
- Low Sloped Roofing
- Slow Sloped Roofing
On the basis of material, Commercial Roofing Materials market is segmented into:
- Single-ply products
- Modified bitumen materials
- Spray polyurethane foam (SPF)
- Built-up roofing (BUR)
Commercial Roofing Materials Market: Regional Outlook
Geographically, Commercial Roofing Materials market is segmented into North America, Latin America, Europe, Middle East Africa, Asia Pacific excluding Japan and Japan. North America held a noteworthy market share in the global commercial roofing materials market due to increasing investment by private companies and government bodies in infrastructure expansion. In terms of market attractiveness, Asia Pacific excluding Japan is estimated to have sizable demand of the market over the projected period owing to re-roofing activities. Western Europe and Eastern Europe has similar potential in the growth of the market. In Middle East Africa and Latin America, the commercial roofing materials market is in the nascent phase and it is expected to grow moderately over the forecasted period.
Request For Report [email protected] https://www.researchreportinsights.com/report/discount/110114768/Commercial-Roofing-Materials-Market
Commercial Roofing Materials Market: Key Players
Some of the prominent players in the Commercial Roofing Materials market are:
- Duro-Last Inc.
- IKO Industries Ltd.
- TAMKO Building Products, Inc.
- Atlas Roofing Corporation
- CertainTeed Corporation
- Carlisle Companies Incorporated
- Owens Corning Corporation
- Jhons Manville Corporation
- Firestone Building Product Corporation
RRI surveys a number of companies in order to estimate the data covered in the report through triangulation methodology. A detailed market understanding and assessment of the drive and application segments covered in the study. The research methodology also includes interviews conducted for various industry leaders by the research experts. This helps the researchers to match their previous findings with the ones confirmed from various resource persons. The report focuses on analyzing the supply-side approaches and keeps a track of that of the demand-side so as to make sure the findings are true. The global market scenario has been derived by consolidation of regional market overviews.
Research Report Insights (RRI) is a leading market intelligence and consulting firm.
We deliver a host of services including custom research reports, syndicated research reports, and consulting services which are personalised in nature.
RRI delivers a complete packaged solution to clients;this combines current market intelligence, technology inputs, statistical anecdotes,
valuable growth insights, 360-degree view of the competitive framework, and anticipated market trends.
Our research services cover global as well as regional emerging markets such as BRICS, GCC, and ASEAN.
Our offerings cover a broad spectrum of verticals which include Oil and Gas, Chemicals, Materials, Energy, Technology, Automotive, and Retail.
The operating model of RRI blends cross-disciplinary research experience to deploy insightful, in-depth, and actionable research.
Research Report Insights
42 joseph street,
Portcarling P0B 1J0,
Email: [email protected]
Web Site: http://www.researchreportinsights.com