Commercial & Residential Roofing Market - Trends Forecast Till 2028

Market Overview

The global Commercial & Residential Roofing Market size is projected to reach a CAGR of 4.39% from 2022-2028.

Roofing offers protection from heat, rain, and other atmospheric conditions. Bitumen, ceramic coated granules, clay, sand, fiberglass, concrete, and polycarbonate are used for the construction of roofs in residential and commercial buildings, such as offices, hotels, and educational institutes.

Advancement in construction industry, rapid urbanization, and innovations in technology are some of the factors that have supported long-term expansion for Commercial & Residential Roofing Market.

Regional Analysis

Asia-Pacific is expected to dominate the roofing market during the analysis period due to growth in urbanization and increase in infrastructure investments. China leads the Asia-Pacific roofing market. This growth is attributed to rise in income levels, rapid urbanization & industrialization, and increase in government initiative to invest in infrastructural development.

Insights are provided for each region and major countries within the regions

Competitive Landscape

Key Players

• 3M Company
• Atlas Roofing Corporation
• BASF SE
• Johns Manville
• Duro-Last, Inc.
• E. I. Du Pont De Nemours, Inc.
• Owens Corning
• Sika AG
• Standard Industries Inc.
• The Dow Chemical Company.

Recent Developments

• March 2020, Standard Industries has launched roof integrated solar product, Solaria panels, which are 16% more powerful than standard solar integrated roof and allow homeowners to fit more roof-integrated solar capacity in a similar amount of space.
• In October 2019, New Version of Solar roof tiles was launched by Tesla in order to revitalize its renewable energy business. Different materials and a few parts of previous model is used by Solar Roof version 3 making sure that it is easily installed as compared to other shingles used in roofing.

Reasons to Acquire

• Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
• Gain authentic and granular data access for Commercial & Residential Roofing Market so as to understand the trends and the factors involved behind changing market situations
• Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
• In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Report Scope