Global Roofing Market
Construction

The Roofing Market Is Estimated To Reach $193.26 Billion By 2027 At A CAGR Of 4.6% – Includes Roofing Market Overview

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

 

The increasing infrastructure development are expected to drive innovation in roofing manufacturing, thus driving the market during the forecast period.

 

The global roofing market is expected to grow from $151.80 billion in 2022 to $161.36 billion in 2023 at a compound annual growth rate (CAGR) of 6.3%. The roofing market size is expected to grow to $193.26 billion in 2027 at a CAGR of 4.6%.

 

Get A Free Sample On The Global Roofing Market Report:
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Global Roofing Market Segments Include:

  • By Type:Flat Roof, Slope Roof
  • By Roofing Material:Bituminous Roofing, Metal Roofing, Tile Roofing, Other Roofing Materials
  • 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 is the largest region in the global roofing market in 2021.

 

Major Market Players in the roofing market include Atlas Roofing Corporation, CertainTeed Corporation, Carlisle Companies Inc., Duro-Last Inc., Etex SA, GAF Materials Corporation, Owens Corning.

 

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. For instance, in January 2022, GAF, a US-based company that manufactures solar roofs launched its new solar roof called Timberline Solar based on solar roof technology. This helps in generating energy by using sunlight and this energy can be used for household purposes. This is very easy to install and it is most cost-effective. Solar roofs are the future of clean energy, and Timberline Solar is the game-changing innovation in this market.

 

The Roofing Global Market Report 2023  provides a roofing market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The roofing market forecast analyzes roofing market size, roofing market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

 

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.

 

Explore Similar Reports From The Business Research Company:  

Roofing Underlayment Global Market Report 2023

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