Market Overview:
The global roofing systems market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for roofing systems from residential and commercial buildings across the globe. In addition, the growing awareness about energy-efficient roofing systems is also propelling the growth of this market. The asphalt segment is expected to dominate the global roofing systems market during the forecast period, owing to its low installation and maintenance costs as compared to other types of roofing materials. The metal segment is projected to grow at a high CAGR during 2018-2030, owingto its properties such as durability, strength, and resistance against corrosion.
Product Definition:
A roofing system is the outermost layer of a building envelope and it protects the interior of the building from weather conditions. The most common type of roofing system is a pitched roof, which has sloping planes that allow water to run off. Roofing systems are important because they protect buildings from weather damage and help keep occupants safe and comfortable.
Asphalt:
Asphalt is a widely used roofing material. It is a type of blacktop, which is made from processed coal tar. Asphalt has high durability and strength due to the presence of coal tar; it also has good resistance towards UV radiation and extreme temperature. These properties have increased the use of asphalt in roofing systems in recent years.
Metal:
Metal and it's usage in roofing systems market is a part of construction, which comprises sheet metal products such as gutter, flashing, roofing sheets & shingles. Roofing system includes the components that are used to cover the top of buildings with flat or curved surfaces. Metal roofs offer various advantages including high strength and durability along with energy efficiency; however there are certain disadvantages associated with this product such as weight restrictions for installation and maintenance issues.
Application Insights:
The commercial building application segment accounted for the largest revenue share of over 40% in 2017. The growth can be attributed to the increasing construction activities in commercial buildings on account of growing businesses. In addition, rapid urbanization and rising disposable income are expected to drive the demand for new residential as well as commercial buildings, thereby supporting market growth.
The infrastructure application segment is anticipated to witness a CAGR of XX% from 2018 to 2030 owing to an increase in government expenditure on various infrastructure projects including transportation, water supply and drainage systems across various regions globally. In addition, favorable government policies regarding green building materials that result in lesser environmental impact will further propel product demand worldwide over the forecast period ¢â‚¬Å“ roofing system made with recycled materials such as metal cans or plastic bottles can help reduce this impact ¢â‚¬ according to Market Size & Trends Report by IHS Markit Ltd.
Regional Analysis:
Asia Pacific dominated the global roofing systems market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 30% in terms of revenue and is anticipated to grow at a CAGR of XX% from 2018 to 2030 owing primarily to rapid infrastructure development, coupled with increasing consumer disposable income levels.
The Middle East & Africa region is projected to witness significant growth over the forecast period owing primarily to rising construction activities on account of government initiatives aimed at developing affordable housing projects for citizens as well as boosting commercial construction sector growth, thereby driving demand for roofing systems products in this region. In addition, growing oil & gas industry will also drive product demand across Middle East & Africa during the forecast period due mainly largely largely to increasing requirement for energy efficient buildings which will further propel product adoption across various applications such as industrial building roofs, residential buildings etc.
Growth Factors:
- Increasing demand for roofing systems from the construction sector as a result of rapid urbanization and industrialization.
- Growing awareness about the benefits of using roofing systems among homeowners, which is expected to boost demand over the forecast period.
- Rising investments in infrastructure development projects across emerging economies are anticipated to create growth opportunities for the roofing systems market during the forecast period.
- Technological advancements in roofing system products that offer better insulation and durability are projected to fuel market growth over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Roofing Systems Market Research Report
By Type
Asphalt, Metal, Plastic, Clay, Concrete, Others
By Application
Residence, Infrastructure, Commercial Building, Others
By Companies
Etex Group NV, Owens Corning, Braas Monier Building Group SA, Henry, GAF, Versico, Classic, IB Roof Systems, Butler, Metal Roofing Systems, Etex Group NV, TSP Roof Systems, Inc
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
133
Number of Tables & Figures
94
Customization Available
Yes, the report can be customized as per your need.
Global Roofing Systems Market Report Segments:
The global Roofing Systems market is segmented on the basis of:
Types
Asphalt, Metal, Plastic, Clay, Concrete, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residence, Infrastructure, Commercial Building, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Etex Group NV
- Owens Corning
- Braas Monier Building Group SA
- Henry
- GAF
- Versico
- Classic
- IB Roof Systems
- Butler
- Metal Roofing Systems
- Etex Group NV
- TSP Roof Systems, Inc
Highlights of The Roofing Systems Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Asphalt
- Metal
- Plastic
- Clay
- Concrete
- Others
- By Application:
- Residence
- Infrastructure
- Commercial Building
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Roofing Systems Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Roofing systems are a collection of materials and equipment used to cover the top of a building or other structure with a roof. Roofing systems may include shingles, tiles, metal sheets, or other materials.
Some of the major players in the roofing systems market are Etex Group NV, Owens Corning, Braas Monier Building Group SA, Henry, GAF, Versico, Classic, IB Roof Systems, Butler, Metal Roofing Systems, Etex Group NV, TSP Roof Systems, Inc.
The roofing systems market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Roofing Systems Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Roofing Systems Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Roofing Systems Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Roofing Systems Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Roofing Systems Market Size & Forecast, 2018-2028
4.5.1 Roofing Systems Market Size and Y-o-Y Growth
4.5.2 Roofing Systems Market Absolute $ Opportunity
Chapter 5 Global Roofing Systems Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Roofing Systems Market Size Forecast by Type
5.2.1 Asphalt
5.2.2 Metal
5.2.3 Plastic
5.2.4 Clay
5.2.5 Concrete
5.2.6 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Roofing Systems Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Roofing Systems Market Size Forecast by Applications
6.2.1 Residence
6.2.2 Infrastructure
6.2.3 Commercial Building
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Roofing Systems Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Roofing Systems Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Roofing Systems Analysis and Forecast
9.1 Introduction
9.2 North America Roofing Systems Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Roofing Systems Market Size Forecast by Type
9.6.1 Asphalt
9.6.2 Metal
9.6.3 Plastic
9.6.4 Clay
9.6.5 Concrete
9.6.6 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Roofing Systems Market Size Forecast by Applications
9.10.1 Residence
9.10.2 Infrastructure
9.10.3 Commercial Building
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Roofing Systems Analysis and Forecast
10.1 Introduction
10.2 Europe Roofing Systems Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Roofing Systems Market Size Forecast by Type
10.6.1 Asphalt
10.6.2 Metal
10.6.3 Plastic
10.6.4 Clay
10.6.5 Concrete
10.6.6 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Roofing Systems Market Size Forecast by Applications
10.10.1 Residence
10.10.2 Infrastructure
10.10.3 Commercial Building
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Roofing Systems Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Roofing Systems Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Roofing Systems Market Size Forecast by Type
11.6.1 Asphalt
11.6.2 Metal
11.6.3 Plastic
11.6.4 Clay
11.6.5 Concrete
11.6.6 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Roofing Systems Market Size Forecast by Applications
11.10.1 Residence
11.10.2 Infrastructure
11.10.3 Commercial Building
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Roofing Systems Analysis and Forecast
12.1 Introduction
12.2 Latin America Roofing Systems Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Roofing Systems Market Size Forecast by Type
12.6.1 Asphalt
12.6.2 Metal
12.6.3 Plastic
12.6.4 Clay
12.6.5 Concrete
12.6.6 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Roofing Systems Market Size Forecast by Applications
12.10.1 Residence
12.10.2 Infrastructure
12.10.3 Commercial Building
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Roofing Systems Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Roofing Systems Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Roofing Systems Market Size Forecast by Type
13.6.1 Asphalt
13.6.2 Metal
13.6.3 Plastic
13.6.4 Clay
13.6.5 Concrete
13.6.6 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Roofing Systems Market Size Forecast by Applications
13.10.1 Residence
13.10.2 Infrastructure
13.10.3 Commercial Building
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Roofing Systems Market: Competitive Dashboard
14.2 Global Roofing Systems Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Etex Group NV
14.3.2 Owens Corning
14.3.3 Braas Monier Building Group SA
14.3.4 Henry
14.3.5 GAF
14.3.6 Versico
14.3.7 Classic
14.3.8 IB Roof Systems
14.3.9 Butler
14.3.10 Metal Roofing Systems
14.3.11 Etex Group NV
14.3.12 TSP Roof Systems, Inc
