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Growth Opportunities in Roofing Materials
Investment in Technology Advancements and Increasing Activity in Residential and Commercial Building Reconstruction to Boost Market Potential
29-Sep-2023
Global
Market Research
$4,950.00
Special Price $4,455.00 save 10 %
The global roofing materials market will reach $165.57 billion by 2030. Increasing investments in residential and commercial building reconstruction will drive market growth. Metal, asphalt, plastic/membrane, and other materials (including clay tiles, solar technology, and green roofs) are the four main product types in the roofing materials market study. Different end-use applications for each product type are discussed, as well as the key products and technologies. Applications are quantitatively explained for the four main product types regarding the total roofing materials market. The global market is presented as 5 key regions, each covered both quantitatively and qualitatively.
Established long-term relationships between customers and manufacturers and high brand loyalty are characteristics of the roofing industry. Major market players focus on offering a wide range of products and better quality than competitors to enhance brand reputation. Major companies are adopting robust market positioning strategies focused on integrated roofing system services by combining product portfolios with other roofing components to achieve a competitive advantage over local manufacturers and suppliers. The market is highly fragmented, with several big players and a large variety of small companies focusing on a specific product and region.
Product price is based on square footage. The pricing calculation considers supply chain disruptions, average material pricing, and the typical product amount/overlap/waste on the jobsite. Revenue calculations and unit shipment forecasting use the average material pricing by correlating material volume to a distinct monetary value.
Asia-Pacific (APAC) will drive market demand. Factors including rapid urbanization, population expansion, and increasing per capita income have a driven rapid increase in demand from emerging markets, such as Vietnam, Indonesia, and India. The Middle East and North Africa (MENA) will see the highest market growth. This region is experiencing robust expansion in construction and industrial applications, allowing initial growth emersion as these segments develop. The Middle East is heavily industrializing, increasing commercial and industrial structure demand.
Metal roofs, with high initial and low long-term costs, will emerge as the fastest-growing product segment because of their long service life and durability. The other materials category, which includes various materials such as clay, cement, wood, tiles, green roofs, and solar, is the largest market size; however, asphalt is the single-segmented product group that will dominate the market size-wise.
Compared to commercial, residential will be the largest and second-fastest-growing segment because of developing markets with high population growth and a greater demand for more/larger houses and residential roofing. Reroofing will drive the residential market as consumers replace products at the end of life, fix damage, or switch product types, increasing product demand. The industrial segment will see decent growth because of the development of many industries in less-developed markets.
Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top 3 Strategic Imperatives on the Roofing Materials Industry
Growth Opportunities Fuel the Growth Pipeline Engine™
Scope of Analysis
Scope of Analysis (continued)
Segmentation
Key Competitors
Core Product Competencies of Companies
Growth Metrics
Distribution Channels
Growth Drivers
Growth Drivers Analysis
Growth Drivers Analysis (continued)
Growth Drivers Analysis (continued)
Growth Restraints
Growth Restraints Analysis
Growth Restraints Analysis (continued)
Green Roofs
Green Roofs (continued)
Green Roofs (continued)
Forecast Assumptions
Revenue and Unit Shipment Forecast
Revenue Forecast by Product
Revenue Forecast by Region
Revenue Forecast by End Application
Unit Shipment Forecast by Product
Unit Shipment Forecast by Region
Unit Shipment Forecast by End Application
Forecast Analysis—Revenue and Unit Shipment
Average Product Pricing Range
Forecast Analysis—Pricing Trends
Competitive Environment
Revenue Share
Product Presence
Company Overview
Company Overview (continued)
Growth Metrics
Revenue and Unit Shipment Forecast
Revenue Forecast by Region
Unit Shipment Forecast by Region
Forecast Analysis—Metal Roofs
Growth Metrics
Revenue and Unit Shipment Forecast
Revenue Forecast by Region
Unit Shipment Forecast by Region
Forecast Analysis—Asphalt
Growth Metrics
Revenue and Unit Shipment Forecast
Revenue Forecast by Region
Unit Shipment Forecast by Region
Forecast Analysis—Plastic/Membrane
Growth Metrics
Revenue and Unit Shipment Forecast
Revenue Forecast by Region
Unit Shipment Forecast by Region
Forecast Analysis—Other Materials
Forecast Analysis—Other Materials (continued)
Growth Metrics
Revenue and Unit Shipment Forecast
Revenue Forecast by Product
Unit Shipment Forecast by Product
Forecast Analysis—North America
Forecast Analysis—North America (continued)
Growth Metrics
Revenue and Unit Shipment Forecast
Revenue Forecast by Product
Unit Shipment Forecast by Product
Forecast Analysis—Europe
Forecast Analysis—Europe (continued)
Growth Metrics
Revenue and Unit Shipment Forecast
Revenue Forecast by Product
Unit Shipment Forecast by Product
Forecast Analysis—APAC
Forecast Analysis—APAC (continued)
Growth Metrics
Revenue and Unit Shipment Forecast
Revenue Forecast by Product
Unit Shipment Forecast by Product
Forecast Analysis—Latin America
Growth Metrics
Revenue and Unit Shipment Forecast
Revenue Forecast by Product
Unit Shipment Forecast by Product
Forecast Analysis—MENA
Revenue Forecast by End Application
Unit Shipment Forecast by End Application
Revenue by Product and End Application
Unit Shipment by Product and End Application
Growth Metrics
Revenue and Unit Shipment Forecast
Revenue Forecast by Product
Unit Shipment Forecast by Product
Forecast Analysis—Residential Roofing
Growth Metrics
Revenue and Unit Shipment Forecast
Revenue Forecast by Product
Unit Shipment Forecast by Product
Forecast Analysis—Commercial Roofing
Growth Metrics
Revenue and Unit Shipment Forecast
Revenue Forecast by Product
Unit Shipment Forecast by Product
Forecast Analysis—Industrial Roofing
Growth Opportunity 1: Geographic Expansion
Growth Opportunity 1: Geographic Expansion (continued)
Growth Opportunity 2: Mergers and Acquisitions
Growth Opportunity 2: Mergers and Acquisitions (continued)
Growth Opportunity 3: Technology and Product Development
Growth Opportunity 3: Technology and Product Development (continued)
Your Next Steps
Why Frost, Why Now?
List of Exhibits
List of Exhibits (continued)
List of Exhibits (continued)
List of Exhibits (continued)
Legal Disclaimer
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Impacting your company's future growth potential.
| Deliverable Type | Market Research |
|---|---|
| Author | Jillian Laird |
| Industries | Chemicals and Materials |
| No Index | No |
| Is Prebook | No |
| Keyword 1 | Roofing Market Trends |
| Keyword 2 | Roofing Market Analysis |
| Keyword 3 | Roofing Material Market Outlook |
| Podcast | No |
| WIP Number | K8D4-01-00-00-00 |