Global Roofing Market Overview And Prospects – Includes Roofing Market Size
Learn about the global roofing market through The Business Research Company, which provides information on roofing market size, roofing market drivers and restraints, roofing market players, the COVID-19 impact on the roofing market, and more.
The global roofing market size is expected to grow from $140.06 billion in 2021 to $151.80 billion in 2022 at a compound annual growth rate (CAGR) of 8.4%. The global roofing market size is expected to grow to $183.73 billion in 2026 at a CAGR of 4.9%.
The increasing infrastructure development is expected to propel the growth of the roofing market going forward.
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The roofing market consists of sales of roofing materials by entities (organizations, sole traders, and partnerships) that adds significant value to a home, improving its energy efficiency, durability, weather protection and beauty. Roofing is the process of applying an external covering on the roof of a building that is either self-supporting or supported by structures underneath it. The roofing materials offer different types of advantages to the structure such as temperature maintenance, and waterproofing.
Global Roofing Market Segments Include:
By Type: Flat Roof, Slope Roof
By Roofing Material: Bituminous Roofing, Metal Roofing, Tile Roofing, Others
By Application: Residential, Commercial, Non-Residential
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia-Pacific was the largest region in the roofing market in 2021.
New technological innovations have emerged as the key trend gaining popularity in the roofing market. Major companies operating in the roofing market are focused on new technological innovations to sustain their growth in the market.
TBRC’s roofing market report covers:
Major Market Players: Atlas Roofing Corporation, CertainTeed Corporation, Carlisle Companies Inc., Duro-Last Inc., Etex SA, GAF Materials Corporation, Owens Corning, Tamko Building Products Inc., Braas Monier Building Group Services S.A., Etex, Hindalco Industries Ltd., BMI Group Services GmbH, and TAMKO Building Products LLC.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)
The Roofing Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides roofing market overviews, analyzes and forecasts market size, share, roofing market players, roofing market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s roofing market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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