Roofing Demand, insight and Future Outlook: Industry Trends, segmentation and Forecast to 2029

 A market research conducted in the large scale Global Roofing Market  business report aids in improving and modifying the products so that future products present more satisfaction to the valuable customers. The finest market research report is the one which is pertinent, unique, and creditable and also makes use of proven tools and techniques to formulate complex market insights into simpler version. This report is the best example over here which fits all the above attributes. According to this report, new highs will take place in the Global Roofing in 2022-2029. The market is anticipated to witness growth during the forecast period due to growing demand at the end user level.


Due to the effectiveness of SWOT analysis and Porter's Five Forces analysis in generating market research report, they are preferred by the businesses and hence also used while preparing a wide-ranging Global Roofing research report. In addition, this market report also provides top to bottom estimation of the market with respect to income and developing business sector. Market drivers and market restraints displayed in this market report provides idea about the rise or fall in the consumer demand for the particular product depending on several factors. Thus, the world class Global Roofing report presents an in-depth market analysis to prosper in this competitive environment.

Data Bridge Market Research analyses that the roofing market value, which was USD 108.03 billion in 2021, is expected to reach the value of USD 165.79 billion by 2029, at a CAGR of 5.50% during the forecast period. "

Market Overview

From the name itself, it is clear that roofing is a technique involving the use of certain materials such as polymer, concrete, metal, or others to build the roof of any given infrastructural facility. Roofing provides protection against rain, snow, sunlight, extremes of temperature, and wind. Roofing can be built with different shapes such as gabled, hipped, butterfly, arched, flat, mono-pitched, and domed.  

Some of the major players operating in the roofing market are:

  • Owens Corning (U.S.)
  • Duro-Last Roofing, Inc. (U.S.)
  • BASF SE (Germany)
  • 3M (U.S.)
  • Dow (U.S.)
  • DuPont (U.S.)
  • Braas Monier Building Group (Luxembourg)
  • Sika AG (Switzerland)
  • Atlas Roofing Corporation (U.S.)
  • Innospec (U.S.)
  • ADEKA CORPORATION (Japan)
  • Dorf Ketal Chemicals (I) Pvt. Ltd. (U.S.)
  • PMC Specialties Group (U.S.)
  • Afton Chemical (U.S.)
  • The Lubrizol Corporation (U.S.)
  • Clariant (Switzerland)
  • LANXESS (Germany)
  • Mayzo, Inc. (U.S.)
  • Solvay (Belgium)
  • Akzo Nobel N.V. (Netherlands)
  • Arkema (France)
  • Eastman Chemical Company (U.S.)
Restraints/Challenges Global Roofing Market

  • Fluctuating prices 
Fluctuations or volatility in the prices of raw materials and machinery equipment is posing a major threat to the growth of the market. Further, uneven availability of raw materials at one particular location is demeaning the growth of the market. 

  • High capital investment
Requirement of high capitals costs to invest in the relevant machinery and undertake operations is one of the biggest challenges for the market. Also, high machinery operating and maintenance costs will restrict the scope of growth. Going by the current global recession trends, there is bound to be a dent in the market growth rate. Also, high costs associated with research and development proficiencies will further derail the market growth rate.

  • Norms, standards and regulations
Imposition of stringent regulations by the government on a wide range of industrial applications will further slowdown the market growth rate. Lack of standardization norms will further worsen the market situation.  

This roofing market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the roofing market contact Data Bridge Market Research for an Analyst Brief, Our team will help you take an informed market decision to achieve market growth. 

 


Highlights of TOC :

Chapter 1: Roofing Market Overview

Chapter 2: Study Assumptions

Chapter 3: Scope of the Study

Chapter 4:Global Roofing Market Economic Impact

Chapter 5 : Analysis Methodology

Chapter 6: Research Phases

Chapter 7: Competition by Manufacturers

Chapter 8: Current Market Scenario

Chapter 9: Value Chain/Supply Chain Analysis

Chapter 10: Government Regulations and Initiatives

Chapter 11: Production, Revenue (Value) by Region

Chapter 12: Supply (Production), Consumption, Export, Import by Regions

Chapter 13 : Market Drivers

Chapter 14 : Market Restraints/Challenges

Chapter 15: Market Opportunities


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