The
Global Roofing
Market is expected to display
mature growth in forthcoming periods. The roofing market is showing great signs
of growth and average growth rate is slated to improve with constructions of
new hotels and shopping malls. Furthermore an added furor over energy consumption
limits has led construction owners to invest in energy efficient roofing
solutions.
A
need for cost-conscious and economical homes is expected to contribute to
market growth during forecast period. Urbanization and looking into needs of
people has seen government investing copious amounts in developing residential
premises in emerging economies such as India, Russia and Nigeria.
Segmentation
of roofing market by product includes bituminous roofing, metal roofing and
tile roofing. Segmentation of the market by end-user industry includes
residential sector, commercial sector and retrofit/renovation sector.
Segmentation of roofing market by geographical region includes North America,
Europe, Asia pacific, MEA and Latin America.
MEA
is the region targeting largest growth in roofing markets with growth
attributed to increasing market spend on upcoming buildings and so is for
energy efficient roofing in buildings. The residential sector is the obvious
choice in attracting growth of roofing market by its ongoing residential
constructions and investments in this sector abetting market growth. The roof
coatings market is displaying voluminous growth on account of environmental
friendliness exhibited coupled with technological updates and spiraling growth
rate of construction industry.
Market Segment:
Geographically, this report is segmented
into several key Regions, with production, consumption, revenue (million USD),
market share and growth rate of Roofing in these regions, from 2012 to 2022 (forecast),
covering
•
United States
•
EU
•
China
•
Japan
•
South Korea
•
Taiwan
Global Roofing market competition by top
manufacturers, with production, price, revenue (value) and market share for
each manufacturer; the top players including
•
Atlas Roofing Corporation
•
Duro-Last Roofing, Inc.
•
CertainTeed Corporation
•
Braas Monier Building Group Services S.A.
•
GAF
•
Johns Manville
•
IKO Industries Ltd.
•
Owens Corning
Amongst
different coatings, bituminous roof coatings are leading in markets with their
easy applicability, creep resistance properties and less price structure.
Growth for roof coatings market looks attractive due to emittance and
reflectivity which is driving realty companies to employ them in buildings.
Roof coatings are finally bad conductors of heat and reflect heat thus cooling
the interior spaces and decrease load on air-conditioning systems with
equivalent cost-savings and energy efficiencies.
The
white coating on the roofs is witnessing increasing sales and hence augurs well
for market growth of roof coatings over forecast period. The advantages of
bituminous coatings are high resistance to mechanical shambles and an innate
property to cover complex surfaces. Bituminous roofing has made it a natural
choice among construction developers to use it in constructions and
availability of colors and designs has given it the makings of a retrofit
application. The leading industrial players in the roofing market include Brass
Monier, Etex, Owens Corning, Saint-Gobain and Weinerberger, Atlas Roofing,
American Hydrotech, Beacon Roofing Supply and Eagle Roofing Products and IKO
Industries.
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