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North American Roofing Material Market: Future Challenges And Industry Growth Ou

North American Roofing Material Market is projected to reach USD 40 billion by 2027. North America roofing materials market forecast may be positively impacted by the increasing number of reroofing activities across several residential projects in the U.S. Various types of roofing materials, such as bituminous, clay & concrete tiles, elastomers, metals, and plastics are widely used to cover the outer surface of roofs of commercial, industrial, and residential establishments.

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North American Roofing Material Market: Future Challenges And Industry Growth Ou

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  1. North American Roofing Material Market is predicted to witness over 4.5% CAGR by 2027 ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

  2. North American Roofing Material Market is projected to reach USD 40 billion by 2027. North America roofing materials market forecast may be positively impacted by the increasing number of reroofing activities across several residential projects in the U.S. Various types of roofing materials, such as bituminous, clay & concrete tiles, elastomers, metals, and plastics are widely used to cover the outer surface of roofs of commercial, industrial, and residential establishments. • Industry players are expected to cash in on many benefits of using roofing materials, such as effective temperature control, waterproofing, and elevated appearance, among others, across North America. Besides, increasing disposable incomes, prompt availability of loans, and easy access to affordable products have encouraged end-users to go for renovations and refurbishments, thereby augmenting the sale of roofing materials. • Use of roofing materials to increase in non-residential spaces • Non-residential applications may hold a share worth $16 billion in North America roofing materials industry by 2027. There is a notable increase in the construction of non-residential buildings, such as colleges, hospitals, offices, and hotels. Moreover, tech giants, including Google, Apple, and Amazon are planning to expand their offices. Several buildings are undergoing refurbishments and remodeling operations, thereby increasing the use of roofing materials. ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

  3. Get sample copy of this research report @ • https://www.graphicalresearch.com/request/2012/sample • Request for customization @ • https://www.graphicalresearch.com/request/2012/customize-this-report ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

  4. Demand for bituminous materials to increases • Bituminous materials captured around 75% share of North America roofing materials market in 2020. Asphalt shingles are the most commonly used bituminous materials across the region. The main benefits of using the product include high durability, variety in a range of items, pleasing aesthetics, and high resistance to fire and wind. Also, asphalt shingles are capable of enduring high impact, which makes them a preferred product choice among end-users. • Roofing materials to be used increasingly in new construction projects • Based on type of construction, North America roofing materials market size from new constructions will witness 4.5% CAGR over 2021-2027. The number of new residential and commercial projects is increasing at a strong pace across Canada and the U.S. Roofing materials are readily available across the region at a wide range of prices. • Furthermore, the ability to endure the heavy compressive force and great durability are some of the major factors contributing to the adoption of roofing materials. Many builders are increasingly opting for technologically advanced materials that have high thermal insulation, incur low maintenance costs, help conserve energy, and have a longer lifespan, thereby increasing the production of roofing products. ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

  5. Segments of North America Roofing Materials Market; • North America Market, By Material • Bituminous • Concrete & clay tile • Metal • Elastomer • Plastics • Others • North America Market, By Type Of Construction • New construction • Reroofing • North America Market, By Type Application • Residential • Non residential ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

  6. About Graphical Research: Graphical Research is a business research firm that provides industry insights, market forecast and strategic inputs through granular research reports and advisory services. We publish targeted research reports with an aim to address varied customer needs, from market penetration and entry strategies to portfolio management and strategic outlook. We understand that business requirements are unique: our syndicate reports are designed to ensure relevance for industry participants across the value chain. We also provide custom reports that are tailored to the exact needs of the customer, with dedicated analyst support across the purchase lifecycle. Contact Us: Parikhit B. Corporate sales, Graphical Research Email:sales@graphicalresearch.comWeb: https://www.graphicalresearch.com ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

  7. Stay In Touch With Us For: Website: www.graphicalresearch.com Social Media: Assured Quality On-Time Delivery Payment Security Industry Experts ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

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