The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.
Global roofing market was valued at US $212.67 Bn. in 2021, and it is expected to reach US $ 312.30 Bn. by 2029 with a CAGR of 4.92% during the forecast period.
Global Roofing Market Overview:
Roofing shields structures from the rain, heat, and other climatic elements. The materials used to construct the roofs of residential and commercial structures, including hotels, offices, and educational institutions, include bitumen, sand, clay, fibreglass, concrete, and polycarbonate.
The global roofing sector is being driven ahead by the creation of new, efficient roofing materials, investment properties, the rising need for eco-friendly hygiene products, expanding rubber roofs, and rising building upgrades and renovations. Additionally, a number of end-user applications are driving up the demand for hard coatings.
For the global industry's Roofing market analysis, a research team did thorough primary and secondary research. Secondary research was carried out in order to enhance the existing data, segment the market, estimate overall market size, predict the market size, and growth rate.
Our crew gathers market information and data from a variety of sources in order to present a more accurate regional view. The country-level analysis of the study is based on an examination of numerous regional stakeholders, regional tax laws and policies, consumer behaviour, and macroeconomic data.
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Market Scope:
Global Roofing Market Research Report analyzed the current state in the definitions, classifications, applications, and industry chain structure. The analysis provides unbiased professional commentary on the present market scenario, prior market performance, production and consumption rates, demand and supply ratios, and income generation forecasts for the projected period. The Roofing market study also gives information on the leading businesses functioning in the Roofing industry's strategic ambitions and company growth strategies. Mergers and acquisitions, government and corporate transactions, partnerships and collaborations, joint ventures, brand promotions, and product launches are among the methods evaluated in the research. To summarise what has been said thus far, the report provides a comprehensive picture of the Roofing market in both global and regional markets.
Segmentation:
Chemicals, materials, and roofing markets are divided into these categories. Thanks to chemical roofing's improved and value-added characteristics, the chemicals sector dominated the market in 2021 and accounted for nearly% of total revenue. Corrosion resistance, hardness, and high-temperature stability are all characteristics of chemical roofing. In the MMR's report, specific information on each segment is presented.
Key Players:
The study gives a complete assessment of the presence of the Roofing market in various areas and countries. Through a deep geographical assessment of the industry, the research analyst seeks to find hidden development prospects that may be used by companies in various regions of the world. The worldwide Roofing Market research gives precise knowledge that prepares market players to compete successfully with their largest competitors based on growth, sales, and other critical factors. Significant market features such as market drivers and barriers are separated from important development prospects and industry trends in the research study. The key players in the industry are:
• GAF Materials Corporation
• Atlas Roofing Corporation
• Owens Corning
• Braas Monier Building Group
• BASF SE
• 3M
• The Dow Chemical Company
• Duro Last Roofing
• Sika AG
• Standard Industries Inc.
• Johns Manville
• Saint Gobain
• Boral Ltd.
• Etex
• Tamko Building Products
• Carlisle Company Inc.
• Others
Regional Analysis:
The report focuses on Global Regions and Market Size of Roofing, and development forecast 2021-2029, including industries, major players, suppliers worldwide, and market share by regions, company and product introduction, position in the market including their market status and development trend by types and applications, which will provide its price and profit status, and marketing status, with 2020 as the base year.
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Key Questions Answered in the Roofing Market Report are:
- Which segment was responsible for the largest share in the Roofing market?
- How was the competitive scenario of the Roofing market in 2020?
- Which are the key factors responsible for the Roofing market growth?
- Which region held the maximum share in the Roofing market in 2020?
Why did you purchase this report?
- Highlights key business priorities that help companies redefine their business strategy.
- The key findings and recommendations highlight crucial progressive industry trends in the Global Roofing Market, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans with substantial growth in developed and emerging markets.
- Study in-depth global market trends and prospects, along with factors driving the market and those hindering them.
- Improve your decision-making process by understanding the components, types, and strategies that underpin the commercial interest of your end users.
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