Market Size Roofing Material Usa

By type the market is segmented into asphalt shingles clay tile metal roofing wood shingles and other.

Market size roofing material usa.

The global roofing materials market is estimated to develop at a cagr of 3 1 for the duration of the prediction. Industry statistics cover all companies in the united states both public and private ranging in size from small businesses to market leaders in addition to revenue the industry market analysis shows information on employees companies and average firm size. Get more details on this report request free sample pdf rising demand for advanced roofing systems owing to changing consumer inclination towards ecological sustainable construction methods may stimulate asphalt shingles market size. Demand is presented in area squares and dollar value.

The roofing materials market is expected to grow with 3 cagr during the forecast period. The global roofing materials market size was estimated at usd 119 7 billion in 2019 and is expected to register a cagr of 3 0 over the forecast period. The demand for the roofing material is estimated to be powered by increasing construction actions of housing building in industrialized nations similar to the u s a these are projected to record an optimistic development percentage. Industry market size for roofing contractors.

Asphalt shingles market size was over usd 7 billion in 2018 and may expect consumption at over 1 5 billion square meters up to 2025. Roofing market outlook 2027. The global roofing market size was valued at 92 942 3 million in 2019 and is projected to reach 132 775 6 million by 2027 registering a cagr of 4 6 from 2020 to 2027. The market is driven mainly by the increase in demand from residential non residential and commercial sectors in the emerging economies.

Increasing investments in the renovation and redevelopment of residential and commercial buildings are expected to drive the market growth. Emerging economies such as india china indonesia and vietnam are witnessing a rapid rise in demand for residential structures. Study objectives of roofing materials market to provide detailed analysis of the market structure along. Key market insights listen to audio version the global roofing materials market size was usd 119 69 billion in 2019 and is projected to reach usd 151 49 billion by 2027 registering a cagr of 3 1 during the forecast period.

The global roofing materials market was valued at us xx x mn in 2018 and is projected to increase significantly at a cagr of x x from 2019 to 2028. This study presents historical sales data 2007 2012 and 2017 and forecasts for 2022 and 2027 by product bituminous plastic metal rubber and other products by market new construction and reroofing by building type office retail and lodging. Roofing materials market scope. And transportation and other and by us census subregion.