North America Roofing Market Size, Share, Growth Analysis
Increased investment in the interior design of both residential and commercial real estate is driving the growth of the roofing market in North America. Currently, the main consumer in the roofing market is the residential construction segment. Increasing attention to energy-efficient construction and the demographic shift towards urbanization are stimulating the use of roofing systems. Ignorance of the long-term benefits of roofing systems and the rise in roofing material costs are hindering the growth of the North American roofing market.
According to a new report published by Allied Market Research entitled “ North America Roofing Market Analysis: Opportunity Analysis and Industry Forecast, 2018-2025, ” the size of the North American roofing market was $ 29,864.4 million in 2017 and will is expected to be $ 47,517.8 million. in 2025, growing at a CAGR of 5.9%.
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North America roofing market forecast by type (shingle roofing, tile roof, roofing with technical solutions, roofing with panels and structural concrete roofing), material type (metal, wood, clay and slate, asphalt, concrete and membrane), roof type ( flat roof and pitched roof), and application (residential, commercial and industrial)
Factors such as new construction, renovation and renovation of buildings and infrastructure are expected to drive the North American roofing market during the forecast period. In addition, roofing manufacturers are adopting various strategies such as business expansion and acquisition to strengthen their market presence, driving the growth of the North American roofing market.
Key players profiled in this report include Beacon Roofing Supply, Inc., Berkshire Hathway, Bridgestone Americas, Carlisle Companies Incorporated, CertainTeed (Saint Gobain), FiberTite (Seaman Corporation), GAF Materials Corporation, IKO Industries, Owens Corning and Sika Group.
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Key Benefits to the Roofing Market in North America:
The study provides an in-depth analysis along with current trends and estimates of the roofing market in North America to clarify the impending investment spots.
Information about the main drivers, limitations and opportunities and their impact analyzes on the market is included in the study.
Porter’s Five Forces Analysis illustrates the potential of the buyers and suppliers operating in the roofing industry in North America.
The quantitative market analysis for roofing in North America from 2017 to 2025 is provided to determine the market potential.
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Allied Market Research (AMR) is a full-service market research and business advisory division of Allied Analytics LLP, based in Portland, Oregon. Allied Market Research provides global enterprises and medium and small businesses with unparalleled quality of market research reports and Business Intelligence solutions. AMR has a focused vision to provide business insights and advice to help its clients make strategic business decisions and achieve sustainable growth in their respective market domains.
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