The global Roofing systems market is forecast to reach USD 153.13 Billion by 2026, according to a new report by Reports and Data. The increasing construction activities across the globe, coupled with the rising population and changing lifestyles are propelling the growth of the market. Construction Industry is a booming industry and is expected to remain so with the continuation of the development process, especially in the developing countries. With the process of development, the migration of people takes place from rural to urban areas. This phenomenon is most significantly observed in the “Asian Tiger” countries, such as, China and India.

The market will also be affected by the growth of the construction industry in the European region. Although going through severe disruptions, the inner structure of the construction industry in Europe has merely changed. An inhibitor to increase may also have been progressing the import prices. The fact that the import prices dropped to pre-crisis levels might be another indicator for the construction industry in Europe to recover. Relative to other sectors in the European countries, the construction industry holds a top position. The most significant part of the revenue generated by Europe comes traditionally from the UK, as it is also the most prominent national market for the roofing industry. Together with the growth in the construction industry in Germany, France, and the UK, the region is estimated to be a significant driving factor for the roofing systems industry.

Access Free sample PDF Copy of the Report @ https://www.reportsanddata.com/sample-enquiry-form/1719

Key participants include

Berkshire Hathway, Beacon Roofing Supply, Inc., Carlisle Companies Incorporated, Bridgestone Americas, FiberTite (Seaman Corporation), CertainTeed (Saint Gobain), Owens Corning, GAF Materials Corporation, IKO Industries, and Sika Group, among others.

Further key findings from the report suggest

Among the materials, the asphalt accounts for the largest market share of ~24% in the year 2018. Asphalt road surfaces grant several benefits, including a reduction in noise pollution, cost efficiency, and comfort. Using asphalt materials in road maintenance and construction can improve the benefits for all road users and the environment.

The shingles and plates account for the largest market share of ~44% in the year 2018. The tiles are anticipated to witness the highest CAGR of 3.7% during the forecast period.

The Asia Pacific region held the largest market share of ~31% in the year 2018, owing to the substantial investments in the research and development of advanced technologies in the construction sector.

The governments, global construction companies, and local players are rapidly adopting technologically-advanced systems to address the vast requirements, accelerating the Asia Pacific construction equipment market expansion.

The growth of the market in the Asia Pacific region is also attributed to favorable government investments in the residential and commercial application sectors, which provides appropriate funds to the manufacturers.

Request for Custom Research @ https://www.reportsanddata.com/request-customization-form/1719

For this report, Reports and Data have segmented into the global Roofing Systems market on the basis of resin type, composite phases, industry vertical, and region:

Product Type Outlook (Volume, Kilo Tons and Revenue, USD Million; 2016-2026)

Shingles & plates

Tiles

Others

Construction Type Outlook (Volume, Kilo Tons and Revenue, USD Million; 2016-2026)

New constructions

Reform construction

Material Outlook (Volume, Kilo Tons and Revenue, USD Million; 2016-2026)

Asphalt

Clay

Concrete

Metal

Plastic

Others

Application Outlook (Volume, Kilo Tons and Revenue, USD Million; 2016-2026)

Commercial

Residential

Industrial

Others

Regional Outlook (Volume, Kilo Tons; 2018-2028 and Revenue, USD Million; 2018-2028)

• North America
• Europe
• Asia Pacific
• Latin America
• MEA

Buy now your Exclusive copy of Report @ https://www.reportsanddata.com/checkout-form/1719

Have a Look at Related Reports:

Hardwood Flooring Market By Wood Type, By Product Type (Solid Hardwood Flooring, Engineered Hardwood Flooring), By Design (Plank, Strip, Parquet), By Finishing, By Application (Renovation, New Construction), By End-Use, and By Region Forecast to 2028

Enhanced Fire Protection Systems Market Size, Share & Analysis, By Type (Active Fire Protection Systems, Passive Fire Protection Systems), By Application (Onshore Oil And Gas Industry, Offshore Rigs, Fixed Platforms, FPSO And FLNG), And By Region, And Global Forecast To 2028

Air Release Valves Market Size, Share & Analysis, By Type (Heating / Air Bleeder Valve Type, Rapid Venting Type, Combined Type), By Application (Irrigation, Water Treatment, Building And Fire Protection Systems, Independent Heating Systems, Floor Heating Systems, Central Heating Systems), And By Region, Forecast To 2027

Green Building Market Size, Trends & Analysis, By Product Type (Exterior, Interior, Building Systems, Solar Products), By Sales Channel (Offline, Online) And By Application (Residential Buildings, Commercial & Office, Industrial, Hospitality & Leisure), Forecasts To 2027

Seismic Isolation Systems Market Size, Share & Analysis, By Type (Elastomeric Isolator, Sliding Isolator, Others), By Application (Building, Bridge, Others), By Region And Forecast To 2027

About Reports and Data

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.

Contact Us:

John W

Head of Business Development

Reports and Data | Web: www.reportsanddata.com

Direct Line: +1-212-710-1370

E-mail: [email protected]

Read Our Innovative Blogs @ https://www.reportsanddata.com/blogs

The post Roofing Systems Market Size, Revenue Share, Major Players, Growth Analysis, and Forecast, 2016–2026 first appeared on News Degree | Hub for Latest and Trending News from Around the Globe.