Residential roofing consists of sidings, installing roofs, and drainage systems for roofs. Globally, development of efficient and advance technology in roofing materials, rising commercial real estate of investments, growing popularity of eco-friendly roofing technologies, rising popularity of rubber roofing, growing building renovations & remodelling are the prime growth drivers of global residential roofing market. In addition, increase in adoption of residential roofing for application in newer industrial vertical, and emerging economies such as China, India and others, will create new opportunities for global residential roofing market. However, volatile prices and availability of raw materials, lack of availability, and higher cost of residential roofing are the key restraints for global residential roofing market.
Geographically Asia Pacific dominated global residential roofing market, followed by North America. Asia Pacific is projected to have fastest growth, owing to rapidly increasing construction industry, rise in industrial sector, stringent government regulations to improve the energy efficiency of homes, growing durability, ease in installation, and increasing urbanization in developing nations such as China, and India in this region. Among all the applications, new construction roofing has the highest market share in global residential roofing market due to spur in construction industry. Metal Roofing is the market leader among all types of residential roofing, owing to its better performance, durability, and ease of installation.
This report identifies the global residential roofing market size in for the year 2014-2016, and forecast of the same for year 2021. It also highlights the market drivers, restraints, growth indicators, challenges, and other key aspects with respect to global residential roofing market.
This report segments global residential roofing market on the basis of type, application, and regional market as follows:
- Residential Roofing Market, By Type: Asphalt Shingles Roofing, Metal Roofing, Elastomeric Roofing, Built-Up Roofing, Modified Bitumen Roofing, and Others
- The report has focused study on residential roofing market by basis of application such as: Reroofing, and New Construction Roofing
- This report has been further segmented into major regions, which includes detailed analysis of each region such as: North America, Europe, Asia-Pacific (APAC), and Rest of the World (RoW) covering all the major country level markets in each of the region
This report identifies all the major companies operating in the residential roofing market. Some of the major companies’ profiles in detail are as follows:
- Royal Group Inc.
- Atlas Roofing Corp.
- Knauf Insulation Inc.
- GAF Materials Corp.
- Sika Sarnafil Inc.