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.
Roofing market report.
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The north america roofing market size was 29 864 4 million in 2017 and is projected to reach 47 517 8 million in 2025 growing at a cagr of 5 9.
Increasing investments in the renovation and redevelopment of residential and commercial buildings are expected to drive the market growth.
The roofing materials market will register an incremental spend of about 19 billion growing at a cagr of 3 03 during the five year forecast period.
Roofing offers protection from heat rain and other atmospheric conditions.
Roofing protects against heat rain and other atmospheric conditions.
Sep 19 2020 market insight reports the global report on synthetic roofing underlayment industry market size.
The roofing materials market research report provides a detailed analysis of the market and focuses on key aspects such as leading companies material types and leading end use industries of the product.
The research report on residential roofing industry market offers a granular analysis on existing market trends as well as drivers that are slated to catalyze the market growth during the forecast period.
An infographic representation of roofing materials market.
The global roofing market is projected to reach usd 270 40 billion by 2026 at a cagr of 4 9 from 2016 to 2026.
The growth of the global roofing market is mainly driven by increasing demand for roofing materials from residential commercial and non residential sectors in the emerging economies.
A roof is a structure that covers the houses or buildings and protects their interior and exterior.
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Bitumen ceramic coated granules.
Report overview 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.