Title: Residential Roofing Market - Forecast (2022 - 2027)
1Residential Roofing MarketForecast (2022 - 2027)
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- Residential Roofing Market is forecast to
reach 11.8 billion by 2025, after growing at
a CAGR of 4.5 during 2020-2025. - The growth of the global residential roofing
market is powered mainly by development of new. - Effective technologies in roofing materials,
investment property, increased popularity of
environmentally-friendly hygiene products. - Growing rubber roofs and increasing building
renovations and renovation.
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- Key Takeaways
- The Asia-Pacific dominated the residential
roofing market owing to the increase in adoption
of residential roofing for application in newer
industrial vertical and emerging economies such
as China, India and others. - Increased disposable income and improved
affordability have driven customers to spend more
on renovation and improvement projects. - The changing consumer's propensity to renovate
houses and to provide attractive living
structures also provided market.
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By Distribution Channel- Segment
Analysis Asphalt shingles are extensively used
in residential roofing market. The expected
increase in construction expenditure for
residential buildings would spur growth. Over the
past few years, demand for high-performance
laminated asphalt shingles has risen sharply,
fueled by growing interest in roofing materials
built to withstand high winds, impacts and
deterioration caused by exposure to the elements.
New houses originate from single-family homes, in
particular. Their strong gains would raise the
market for asphalt shingles because of the modest
costs and ease of installation the builders opt
for these products.
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- Residential Roofing Market Outlook
-
- GAF Materials Corporation
- Atlas Roofing Corporation
- Owens Corning
- Braas Monier Building Group
- Etex
- Boral Ltd.
- TAMKO Building Products
- Saint Gobain SA
- Johns Manville
- Carlisle Companies Inc.
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Residential Roofing Market Forecast (2022 -
2027) Learn More About the Report _at_
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ial-roofing-market.html
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- Data Tables
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Contact (1) 970-236-3677
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