Industry Analysis

Roofing market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with a CAGR of 5.6% in the forecast period of 2021 to 2028 and expected to reach USD 55,218.38 million by 2028. Several advantages associated with the roofing are the growing number of residential and commercial buildings in the U.S. and increasing usage of cost-effective and efficient sheet roofing is increasing in the country.

U.S. Roofing Market research report has put forth a bench-marking example for a vibrant market that explores several recommendations and practical growth strategies in relation to the market. The market report covers a wide spectrum of regions and also focuses on key regions that include North America, Europe, Asia Pacific, Middle East, South America, and the Middle East & Africa (MEA). The chapter of the competitive landscape is presented well in the market research report and is analyzed based on the tools such as Porter’s five forces analysis. The study throws light upon market attractiveness where all the segments are arranged based on the compound growth rate, size, and general attractiveness.

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Market Insights and Scope

Roofing is very important part of the building as roof is the uppermost part of the building, provided as a structural covering, to protect the building from weather. The structure of roof depends upon the type of building. Roofing is a material used in the manufacturing of roofs. Any of the traditional roof styles are metal roofs, elastomers & plastic roofs, tile roofs, concrete & clay tile roofs among others.

With the increasing rainfall and snowfall, building contractors are demanding more of the high quality of roofing for the commercial places construction as with the use of specific quality of roofing can lower the renovation cost which is caused due to the entering of water into the construction material. From the past data of rainfall in North America, there is increase in the rainfall every year due to which the demand for the tiles, shingles and shakes, metal roofing, asphalt shingles, waterproofing membrane sheet and polymers are increasing in the residential construction.

An excellent Data bridge market research report covers the systematic and comprehensive market research study, to provide the facts and figures allied with any subject in the field of marketing. With the specific and state-of-the-art information presented in this industry report, businesses can be aware about the types of consumers, consumer’s demands and preferences, their perspectives about the product, their buying intentions, their response to particular product, and their varying tastes about the specific product already existing in the Chemical and Materials industry. Quality and transparency are strictly maintained while carrying out research studies to offer an exceptional market research report for specific niche.

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Industry Segmentation and Size

U.S. roofing market is segmented into four notable segments which are based on the basis of product, type, purpose and application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

  • On the basis of type, the roofing market is segmented into standing seam roofing, dovetail joint roofing, steep slope roofing, low slope roofing, tiles, shingles and shakes, metal roofing, non-shaft type batten seam roofing, welded seam roofing, corrugated sheet roofing, plain panels, dutch-lap roofing, roof gutter, asphalt shingles, wood, green roofd, v-beam roofing, architectural standing systems and others.
  • On the basis of type, the roofing market is segmented into materials and chemicals.
  • On the basis of purpose, the roofing market is segmented into sound reduction, sound absorption and others. In U.S., the sound absorption segment is dominating the market as with increasing regulation lowering of noise pollution from commercial and industrial make sound absorption segment dominating in the country.
  • On the basis of application, the roofing market is segmented into residential, commercial and industrial.

 

 

Industry Share Analysis

·        The major players covered in the report are Kingspan Group, Nucor Building Systems (A Subsidiary of Nucor), Cornerstone Building Brands, Metal Sales Manufacturing Corporation, Reed's Metals., ATAS International, Inc., DECRA Roofing Systems, Inc., Tata Steel, GAF, Malarkey Roofing and Mid-States Asphalt among other domestic and global players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

 

U.S. Roofing Market Report Answers the Following Questions:

What is the expected growth rate of the U.S. Roofing Market during the forecast period?

What are the various factors that are likely to drive the growth of the U.S. Roofing Market?

What are the major challenges faced by the U.S. Roofing Market, and how are they being addressed?

Who are the key players operating in the U.S. Roofing Market, and what are their strategies for growth?

What are the emerging trends in the U.S. Roofing Market, and how are they expected to shape the market in the coming years?

 

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