Roofing Systems Market Historical Growth Analysis, Business Opportunities, Competitive landscape, Demand and Trends Forecast to 2028

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Roofing Systems Market Historical Growth Analysis, Business Opportunities, Competitive landscape, Demand and Trends Forecast to 2028


According to our latest market study on “Roofing Systems Market Forecast to 2028 – COVID-19 Impact and Global Analysis By Material (Asphalt, Clay, Concrete, Metal, Wood, Others); Product (Shingles and Plates, Tiles, Others); End-user (Residential, Commercial, Industrial) and Geography”

The roofing systems and materials is divided into steep slope and low slope. The steep slope roofing system consists of watershedding types of roofs which are installed on slopes above 14 degrees. Whereas, the low slope roofing is encompassed with weatherproof roof membranes which are installed on slopes and are less than or equal to 14 degrees. Due to rise in construction activities, use of varied roofing systems would also grow.

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Companies profiled in this report include: Atlas Roofing Corporation, Johns Manville (Berkshire Hathaway), Boral Limited, Braas Monier Building Group SA, Carlisle Companies Incorporated, CSR Limited, Etex Group NV, Owens Corning, Saint-Gobain, Siam Cement Group

MARKET SEGMENTATION

Based on material, the global roofing systems market is segmented into asphalt, clay, concrete, metal, plastic, and others

On the basis of product, the market is segmented into shingles and plates, tiles, and others.

Based on end-user, the market is segmented into residential, commercial, and industrial.

MARKET DYNAMICS

Drivers:

Owing to rising infrastructural projects and renovation of old buildings is driving the growth of roofing systems market.

In addition to this, the arrival of sustainable roofing materials coupled with growing urbanization is anticipated to provide ample of growth opportunities to the players operating in the roofing systems market.

constraints:

High installation costs of these systems are anticipated to prevent the growth of the market.

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IMPACT OF COVID-19 ON ROOFING SYSTEMS MARKET

COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms of confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.

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2022-11-17 14:02:34

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