Roofing Market 2022 Recent Trends, In-Depth Analysis, Size

Roofing Market

The global roofing market report by the business research company identifies the increasing infrastructure development to be a major growth driver for the roofing market. Infrastructure refers to the construction of physical structures such as bridges, highways, roads, and sewage systems. Roofing is a must for every construction as it helps in protecting the building against rain, snow, sunlight, wind, and extremes of temperature. For instance, according to IIFL Holdings Limited, an India based financial services company, in the year 2021 Government of India allocated 1.89 billion in their union budget for the development of infrastructure in India through Atal Mission for Rejuvenation & Urban Transformation (AMRUT) and Smart City Mission. To have a faster infrastructure development it launched two new schemes known as Housing for All and Smart Cities Mission. Also, for the year 2021, according to India Brand Equity Foundation, an India based government agency, infrastructure activities accounted for a 13% share of the total FDI (Foreign Direct Investment) inflows of US$ 81.72 billion. Therefore, the increasing infrastructure development is driving the growth of the roofing market.

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%.

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Asia-Pacific was the largest region in the roofing market in 2021. The regions covered in the global roofing report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Major players in the roofing market are 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 SA

The global roofing market is segmented –
1) By Type: Flat Roof, Slope Roof
2) By Roofing Material: Bituminous Roofing, Metal Roofing, Tile Roofing, Others
3) By Application: Residential, Commercial, Non-Residential

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The Roofing Market Report Contents Include
1. Executive Summary
2. Roofing Market Characteristics
3. Roofing Market Trends And Strategies
4. Impact Of COVID-19 On Roofing
5. Roofing Market Size And Growth
….
26. Africa Roofing Market
27. Roofing Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Roofing Market
29. Roofing Market Future Outlook and Potential Analysis
30. Appendix

This report covers the trends and market dynamics of the roofing market in major countries – Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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