Global Commercial Roofing Materials Market: Overview
Clash between the major companies of commercial roofing materials defines an important characteristics of the global commercial roofing materials market, reports Transparency Market Research (TMR) in their report. The major players in the market are GAF, Tamko Building Products Inc., and Firestone Building Products Co., are challenging each other on the basis of price difference and product innovation in order to mark a strong foot print in the global commercial roofing materials market. The market study suggests that these players will focus more on research and development to fortify their standing across the world.
On the basis of revenue, the commercial roofing materials market is predicted to reach US$10.38 bn by 2024. The market is expected to exhibit a 3.6% CAGR during the forecast. On the basis of geography, the global commercial roofing materials market is particularly dominated by North America over the last years. This region is expected to go-slow in the pace of growth in future as the market gets matured. Asia pacific region is expected to surface as a lucrative regional market in the coming future. Fast paced construction activities is expected to fuel the rise of the market in the Asia Pacific region. Latin America is also expected to attract a slew of leading manufacturers in the commercial roofing materials market.
Request PDF Brochure :https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=17882
Explore Transparency Market Research’s award-winning coverage of the global Industry:
https://www.prnewswire.com/news-releases/bioplastic-textiles-market-to-reach-valuation-of-us-1-2-bn-by-2027-popularity-of-green-and-biodegradable-materials-to-drive-demand-within-the-global-market-finds-tmr-301027371.html
Construction boom positively impact the market
According to a TMR analyst, the exponential rise in the valuation of the global commercial roofing materials market is caused by the surge in construction boom all over the world. It has been duly noted that renovation and restoration of old buildings and monuments is helping the market to grow. The market based on building type is divided into step sloped roofing and low sloped roofing. Low sloped roofing held a major portion in the market in the past and is predicted to continue so in the future.
The review is based on a report by Transparency Market Research (TMR), titled “Commercial Roofing Materials Market (Building Type – Low Sloped Roofing and Steep Sloped Roofing; Materials – Single-ply Products, Modified Bitumen Materials, Spray Polyurethane Foam (SPF), Built-up Roofing (BUR), and Metals) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 – 2024.”
The global market for commercial roofing materials is segmented into:
By Building Type
By Materials Type
About Us :
Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
0 Comments