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Need for High Strength, Energy Efficient Roofing Solutions Drives Global Growth in the Roofing Market


Published: September 2017

REPORT STATISTICS


  • Code: MCP-1022
  • Pages: 444
  • Tables: 125
  • Companies: 138


ROOFING: A RESEARCH BRIEF

The global market for Roofing is projected to exceed US$95 billion by 2024, driven by the growing focus on energy efficient buildings, recovery in new construction and renovation activity, and increasing reroofing activity due to the rise in extreme weather conditions such as storms, floods, and heat waves. Urban sprawl in developing markets caused by the migration of population from rural to urban areas and the resulting pressure on housing infrastructure is also spurring opportunities in the market. Evolving roofing research, standards development and the resulting effervescent technology innovations are also poised to drive revenue potential in the market. Asia-Pacific represents the largest and the fastest growing market worldwide with a CAGR of 8.3% over the analysis period led by factors such as robust residential and non-residential construction activity; escalating price of energy and provision of government policy led incentives such as subsidies for the adoption of energy efficient roofing materials; and growing demand for reflective metal roofing solutions as against traditional energy and heat absorbing dark asphalt roofs. 

    Summary of Findings

  • The Growing Commercial Value of Eco-Friendly Roofing Solutions Drives the Popularity and Profitability of Green Roofing Solutions Manufactured from Recycled-Metals, Recycled-Plastic Shingles, and Reclaimed Wood Roofs
  • With Buildings Accounting for Over 45% of Global Energy Consumption, R&D Focus Shifts to Roof Tiles Integrated With Solar Cells and Insulated Roofing Innovations
  • Launch of Concrete Roof Tiles With Nanotechnology Enabled Coatings for Superior Protection Against Heat, Mold, Mildew, Fungus and Algae to Benefit Market Growth
  • Escalating Levels of Air Pollution in Modern Cities Brings Smog Absorbing Titanium Dioxide Roofs as the Most Commercially Lucrative Innovation to Battle Air Pollution
  • Ease of Installation and Excellent Acoustic Insulation Drive Demand for Ethylene Propylene Diene Terpolymer (EPDM) Rubber Roofing Membrane

    Timeline for Analysis

  • Market Estimates and Forecasts for 2016-2024
  • Historic Review 2011-2015

    Geographic Markets Analyzed

  • US, Canada, Japan, Europe (France, Germany, UK, Italy, Spain, Russia, and Rest of Europe), Asia-Pacific (China, India, South Korea and Rest of Asia-Pacific), Middle East & Africa, and Latin America (Brazil and Rest of Latin America)

    Market Segmentation & Classification

  • Product Segments:
    • Asphalt Shingles, Metal, Elastomeric, Built-Up, Roofing Tiles, Modified Bitumen, Plastic, and Others

MAJOR PLAYERS

  • American Hydrotech, Inc.
  • Atlas Roofing Corporation
  • BMI Group
  • Carlisle Construction Materials LLC
  • Duro-Last Roofing, Inc.
  • Etex Group SA

KEY RESEARCH DELIVERABLES

  • Review of Industry/Market Structure
  • Analysis of Trends & Drivers
  • Insights on Macro Market Scenarios
  • Market SWOT Analysis
  • Latent Demand Forecasts & Projections
  • Comprehensive Geographic Market Analysis
  • Presentation Ready Facts & Statistical Data Findings
  • Coverage of Major/Niche Players, Market Shares & Competition
  • Coverage of major Company/Technology/Product/Financial Stories
  • Extensive Product/Service/End-Use/Technology Coverage Where Applicable