1. Market Research
  2. > Construction
  3. > Building Products Market Trends
Roofing Materials Market Size, Share & Trends Analysis Report By Product, By Application, By Region And Segment Forecasts, 2019 - 2025

Roofing Materials Market Size, Share & Trends Analysis Report By Product, By Application, By Region And Segment Forecasts, 2019 - 2025

  • March 2019
  • 133 pages
  • ID: 5763760
  • Format: PDF
  • By Grand View Research

Summary

Table of Contents

Roofing Materials Market Size, Share & Trends Analysis Report By Product (Asphalt Shingles, Concrete & Clay Tile), By Application (Residential, Non-residential), By Region, And Segment Forecasts, 2019 - 2025

The global roofing materials market size is expected to reach USD 154.20 billion by 2025, registering a CAGR of 4.2% during the forecast period. Thriving construction industry owing to consistent economic growth, coupled with low interest rates leading to increase in approval of building projects, is expected to aid market expansion.

Growing trend of development of reflective coatings for dark-colored roofing materials, which enable better heat reflection and reduce overall energy requirements, is presumed to fuel market expansion. In addition, evolving technology to improve the weatherability, installation, and aesthetics of the membrane roofing material is projected boost product demand.

The market exhibits the presence of a large number of substitutes, including living roofs, restoration coatings, and solar and SPF roofs.These materials have better performance characteristics as compared to common roofing materials available in the market.

However, high maintenance and installation cost are expected to limit their growth, resulting in moderate threat of substitutes.

The industry is characterized by high brand loyalty, coupled with established long-term relationships between customers and manufacturers. Major market players are focusing on enhancing their brand reputation by offering a wide range of products with better quality standards as compared to competitors.

Further key findings from the study suggest:
• On the basis of product, concrete and clay tile dominated the roofing materials market in 2018 and accounted for 35.6% share in the overall revenue, which can be attributed to their ease of installation, availability, durability, energy efficiency, and low cost
• In terms of revenue, the residential application segment is expected to register a CAGR of 4.4% over the forecast period. This could be attributed to rising residential construction in emerging economies due to increasing population and stable economic growth
• Asia Pacific emerged as the largest regional market in 2018 and is expected to reach USD 51.81 billion by 2025 owing to increasing infrastructure development activities, including renovation of airports, setting up of SEZs, and establishment of IT parks
• In terms of revenue, China is estimated to exhibit a CAGR of 5.8% over the forecast period owing to government initiatives to encourage sustainable construction practices and increase energy efficiency
• Industry players are focusing on inorganic growth by expanding their product portfolio to provide next generation solutions to their customers. In addition, they are aiming to integrate their manufacturing and distribution operations to increase their profit margins.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Veronica helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers
Roofing Materials Markets in China

Roofing Materials Markets in China

  • $ 4000
  • June 2019

China’s demand for Roofing Materials has grown at a fast pace in the past decade.In the next decade, both production and demand will continue to grow. The Chinese economy maintains a high speed growth ...

Roofing Materials Companies in China

Roofing Materials Companies in China

  • $ 1800
  • June 2019

This study focuses on China’s Roofing Materials industry assessments and company profiles.In the two past decades, the industry has been growing at a fast pace. The dramatic expansions of the manufacturing ...

Global Roof Insulation Industry

Global Roof Insulation Industry

  • $ 5450
  • July 2019

Roof Insulation market worldwide is projected to grow by US$3.1 Billion, driven by a compounded growth of 4.2%. Flat Roof, one of the segments analyzed and sized in this study, displays the potential to ...


ref:plp2019

Reportlinker.com © Copyright 2019. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on