Roofing Systems Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET OVERVIEW

The roofing systems and materials is divided into steep slope and low slope. The steep slope roofing system consists of watershedding types of roofs which are installed on slopes above 14 degrees. Whereas, the low slope roofing is encompassed with weatherproof roof membranes which are installed on slopes and are less than or equal to 14 degrees. Due to rise in construction activities, use of varied roofing systems would also grow.

MARKET SCOPE

The "Global Roofing Systems Market Analysis to 2031" is a specialized and in-depth study with a special focus on the global market trend analysis. The report aims to provide an overview of the roofing systems market with detailed market segmentation by material, product, end-user, and geography. The report provides key statistics on the market status of the leading roofing systems market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

•   Based on material, the global roofing systems market is segmented into asphalt, clay, concrete, metal, plastic, and others
•   On the basis of product, the market is segmented into shingles and plates, tiles, and others.
•   Based on end-user, the market is segmented into residential, commercial, and industrial.

MARKET DYNAMICS
Drivers:

•   Owing to rising infrastructural projects and renovation of old buildings is driving the growth of roofing systems market.
•   In addition to this, arrival of sustainable roofing materials coupled with growing urbanization is anticipated to provide ample of growth opportunities to the players operating in the roofing systems market.

Restraints:

•   High installation cost of these systems is anticipated to hinder the growth of the market.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The roofing systems market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the roofing systems market in these regions.

IMPACT OF COVID-19 ON ROOFING SYSTEMS MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.

Roofing Systems Market Report Analysis

Roofing Systems Market

• 
  CAGR (2023 - 2031)

  XX%
• Market Size 2023
  US$ XX Million
• Market Size 2031
  US$ XX Million

Report Coverage

• Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope

• Key future trends
• Detailed PEST/Porter’s Five Forces and SWOT analysis

• Industry landscape and competition analysis & recent developments
• Detailed company profiles

• Global and regional market analysis covering key market trends, major players, regulations, and recent market developments

Key Players

• Atlas Roofing Corporation
• Johns Manville (Berkshire Hathaway)
• Boral Limited
• Braas Monier Building Group SA
• Carlisle Companies Incorporated
• CSR Limited
• Etex Group NV
• Owens Corning
• Saint-Gobain

Regional Overview

• North America
• Europe
• Asia-Pacific
• South and Central America
• Middle East and Africa

Market Segmentation

By Material

• Asphalt
• Clay
• Concrete
• Metal
• Wood

By Product

• Shingles and Plates
• Tiles

By End-user

• Residential
• Commercial
• Industrial

MARKET PLAYERS

The report covers key developments in the roofing systems market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from roofing systems market are anticipated to lucrative growth opportunities in the future with the rising demand in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the roofing systems market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•   Atlas Roofing Corporation
•   Johns Manville (Berkshire Hathaway)
•   Boral Limited
•   Braas Monier Building Group SA
•   Carlisle Companies Incorporated
•   CSR Limited
•   Etex Group NV
•   Owens Corning
•   Saint-Gobain
•   Siam Cement Group

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Roofing Systems Market Report Scope