Roofing Market is Expected to Witness Sustainable Growth During the Forecast Period (2021-2025)

Roofing Market Set to Prosper as Demand Sees an Upswing in Nonresidential Sector Unprecedented expansion of residential, commercial, and industrial sectors continues to drive demand for roofing worldwide. Although residential roofing applications have been predominant in pushing sales of roofing systems and materials globally, it is the nonresidential sector, including office spaces, and commercial buildings, that is being projected as the prominent booster to the growth of the roofing market in the foreseeable future.

Rampant progress of the civil infrastructural developments, public transit, healthcare infrastructure, and institutional spaces account for massive demand growth. This is even expected to be the key factor responsible for the non-residential sector outperforming the residential sector in terms of roofing system installations.

For More Insights into the Market, Get Sample Copy of this Report: https://www.fairfieldmarketresearch.com/report/roofing-market/ Longevity, and Versatility of Applications Dictate Roofing Material Preferences The global roofing installation surpassed the volume of 11 billion sqm in 2018 owing to a broad range of roofing applications. While clay, metal, asphalt shingles, fibre cement, concrete tiles, slate, rubber, and plastic have conventionally been the popular roofing materials, a new upcoming study of Fairfield Market Research suggests that concrete tiles, and clay are witnessing greater preference over other roofing material counterparts on the back of their superior aesthetics, and endurance in addition to the benefit that they typically require low maintenance costs. Asphalt shingles also have been extensively used by the building and construction industry owing to their versatility of application, cost competitiveness, and elegant aesthetics. With a number of new construction projects, as well as building or residential renovation activities in progress, asphalt shingles, metals, and tiles will see continued adoption in the global roofing market, states the report.

Opportunities Abound in Developing Economies The demand patterns in the roofing market vary from region to region, and at a domestic level as well. Community preferences, climatic conditions, material and aesthetic preferences, range of affordability, and popular methods of construction are some of the key factors governing the choice of roofing materials in any domestic, or regional market. North America, particularly the US, continues to show preference for asphalt shingles, research indicates that dimensional asphalt shingles are gaining strong ground in the region. On the other hand, Asia Pacific, the global leader in roofing installations, prefers metal roofing over other materials. Shifting aesthetic tastes of the evolving regional population is giving rise to innovative material launches in the market. The Middle Eastern and African economies also present lucrative opportunities for companies in the roofing market, as per the report findings so far.

In Order to place the Purchase Query Click Here: sales@fairfieldmarketresearch.com Environmentally-sustainable Roofing Systems Picking up as a Key Trend among Manufacturing Companies With the growing realisation of the significance of eco-friendly roofing systems. While this would enable companies to comply with evolving industry demands, they would also be able to achieve an edge in terms of product differentiation. Cost competitiveness will be an additional imperative for market leaders. Recognised green building rating systems and certifications such as the German Sustainable Building Council (DGNB), Building Research Establishment Environmental Assessment Method (BREEAM), and Leadership in Energy and Environmental Design (LEED), have been stimulating the launches of innovative roofing materials and green roofing solutions in the market to attain desired functionality with respect to energy efficiency. Some of the most prominent players actively participating in the global roofing market include Saint-Gobain, Atlas Roofing Corporation, Brass Monier Building Group, Owens Corning, Beacon Roofing Supply, Inc., Etex, Wienerberger AG, Carlisle, and Duro-Last, Inc. Browse Our Latest Reports: https://www.fairfieldmarketresearch.com/shop/ About Us Fairfield Market Research is a UK-based market research provider. Fairfield offers a wide spectrum of services, ranging from customized reports to consulting solutions. With a strong European footprint, Fairfield operates globally and helps businesses navigate through business cycles, with quick responses and multi-pronged approaches. The company values an eye for insightful take on global matters, ably backed by a team of exceptionally experienced researchers. With a strong repository of syndicated market research reports that are continuously published & updated to ensure the ever-changing needs of customers are met with absolute promptness.