Global Roofing System Market Projected to Witness Significant Growth by 2026
Avail a detailed research offering a comprehensive analysis of the developments, growth outlook, driving factors, and key players of the Roofing System market in the latest research report added by Big Market Research.
Global Roofing System market is valued approximately USD 116.40 billion in 2018 and is anticipated to grow with a growth rate of more than 3% over the forecast period 2019-2026. The term roofing system is referred to the air barrier or vapor retarder, roof insulation, roof membrane, flashing and accessories. The factors driving the growth of market over the forecast years are rise in construction and infrastructure activities due to the increase in disposable income and rebound in non-residentialWhereas, the high cost associated to the raw material and installation are the factors hampering the growth of market over the upcoming years. However, rise in population and urbanization, increasing demand for sustainable roofing material and growing emerging market are the key factors for the lucrative growth opportunity of the market. For instance: According to the Association of Equipment Manufacturer, the U.S construction industry is estimated to grow with 1% annually and it is found that increase of 1.1% in 2017 and 1.9 percent in 2018. Similarly, as per the National Investment Promotion & Facilitation Agency, the construction industry in India is expected to reach up to USD 738.5 billion till 2022. Thus, the rise in construction industry across the globe accelerate the growth of market over the forecast years.
The report provides an in-depth information and a brief summary of the market by gathering data from industry experts and various sources prevalent in the market. Additionally, the report offers a CAGR (Compound Annual Growth Rate) value in percentage and the generated revenue that is estimated from 2015 to 2026. According to the report, the Roofing System industry is anticipated to gain heights during the period of forecast. The statistics presented in the report are reliable, extensive, and the outcome of a thorough analytical research.
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The research report offers a complete seller-buyer scenario, along with a SWOT analysis of the key market players in the Roofing System industry. In addition, the report contains complete data related to the top competitors, producers, and sellers that are dominant in the Roofing System industry. Besides, the report offers a detailed segmentation of products, market trends by application, and applications of the global industry based on technology, product type, and various processes & systems.
Based on region:
• North America
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The report explains future trends and growth opportunities in every region. These insights help in understanding the global trends in the market and form strategies to be implemented in the future. Additionally, the research report profiles some of the leading companies in the global Roofing System industry. It mentions their strategic initiatives and offers a brief about their business.C
Based on market players:
- Player 1
- Player 2 etc.
Analysts have also stated the research and development activities of these companies and provided complete information about their existing products and services. Additionally, the report offers a superior view over different factors driving or constraining the development of the market.
With all the data provided in the report, market players can effortlessly device strategies to beat the competition and gain a dominant position in the Roofing System market. Additionally, the report shed light on the performance and characteristics of the market based on the qualitative and quantitative analysis and gives a clear picture of the current and future estimations. The global market report is well-represented with figures, charts, graphs, and facts which reveals the status of the industry on the regional and global stage.
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