The global roofing systems market is projected to grow at a formidable rate during the forecast period, 2023-2027. The market growth can be attributed to the growing construction activities, increasing investments in urban infrastructure and high investments for smart cities. Advances in the construction sector owing to rapid urbanization and innovations in technology are some of the factors propelling the growth of the global roofing systems market. Besides, increasing demand for roofing products such as green roofing, eco-friendly roofing materials, and drones for roof inspections are adding to the market growth. Key players in the roofing market are focusing on designing efficient roofing systems to ensure long-term performance and withstand harsh climatic conditions, which is anticipated to fuel the growth of the global roofing systems market. Moreover, rise in the number of non-residential projects in emerging economies such as academic institutions, schools, hospitals, industrial buildings, etc. are expected to drive the demand for bituminous roofing, which is anticipated to fuel the market growth. As governments of various countries, especially developing nations are investing in infrastructural development, the demand for roofing systems is growing at a significant rate, which is expected to propel the market growth even further in the coming years.
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The global roofing systems market is segmented on the basis of material, product, construction type, end use sector, and region. Based on material, the market is divided into asphalt, concrete, metal, plastic, clay, and others. The asphalt segment is anticipated to dominate the market owing to their wide application in making roofing systems since they are low-cost material and are readily found at. Based on product, the market has been segmented into tiles, shingles & plates, and others. In 2024-2032, the shingles & tiles segment held the largest share because of their low cost and easy installation techniques. Based on end-use segment, the market has been segmented into commercial, residential, non-residential, industrial and others. In 2024-2032, the residential sector dominated the market due to rapid urbanization and lenient lending policies of governments across all regions.
Some of the leading players in the global roofing systems market are Compagnie De Saint Gobain SA, Owens Corning, ETEX Group NV, Braas Monier Building Group SA, Berkshire Hathaway Inc., CSR Limited, Atlas Roofing Corporation, Boral Limited, Carlisle Companies Incorporated, The Siam Cement Public Company Limited, etc.
Attribute | Details |
Historic Data | 2024-2032 – 2024-2032 |
Estimated Year | 2022 |
Forecast Period | 2023 – 2027 |
Quantitative Units | Revenue in USD Million, Volume in Units, CAGR for 2024-2032-2024-2032 and 2022-2027 |
Report coverage | Revenue Forecast, Volume Forecast, Company Share, Competitive Landscape, Growth Factors, And Trends |
Segments covered | · By Material · By Construction Type · By Product · By End User Sector |
Region scope | Asia Pacific; Europe & CIS; North America; South America; Middle East & Africa |
Country scope | China; India; Japan; South Korea; Australia; Singapore; Malaysia; France; Germany; United Kingdom; Italy; Spain; United States; Mexico; Canada; Brazil; Argentina; Colombia; South Africa; Saudi Arabia; UAE; Qatar |
Key companies profiled | Compagnie De Saint Gobain SA, Owens Corning, ETEX Group NV, Braas Monier Building Group SA, Berkshire Hathaway Inc., CSR Limited, Atlas Roofing Corporation, Boral Limited, Carlisle Companies Incorporated, The Siam Cement Public Company Limited |
Customization scope | 10% free report customization with purchase. Addition or alteration to regional & segment scope. |
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