Industry Analysis
Data Bridge Market Research has predicted that the roofing market will experience growth between 2021 and 2028. The market is projected to have a Compound Annual Growth Rate (CAGR) of 5.6% during this period and is expected to reach a value of USD 55,218.38 million by 2028. The rising number of residential and commercial buildings in the United States and the increasing usage of cost-effective and efficient sheet roofing are some of the advantages associated with the roofing market.
U.S. Roofing Market analysis report figures out market landscape, brand awareness, latest trends, possible future issues, industry trends and customer behavior so that the business can stand high in the crowd. It includes extensive research on the current conditions of the industry, potential of the market in the present and the future prospects from various angles. This market report comprises of data that can be pretty essential when it comes to dominating the market or making a mark in the Chemical and Materials industry as a new emergent. To bestow clients with the best results, Data bridge market research document is produced by using integrated approaches and latest technology.
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Market Insights and Scope
Roofing plays a crucial role in building construction as it serves as the topmost structural covering that protects the building from weather elements. The type of roofing structure varies depending on the building type. Roofing refers to the materials used in the construction of roofs, including traditional styles like metal, elastomers plastics, tile, concrete, and clay.
With the rise in rainfall and snowfall, there is an increasing demand for high-quality roofing for commercial buildings to prevent water from entering the construction material, which can lead to costly renovations. In North America, there has been an increase in rainfall over the years, resulting in a higher demand for tiles, shingles, shakes, metal roofing, asphalt shingles, waterproofing membrane sheets, and polymers in residential construction.
An excellent Data bridge market research report covers the systematic and comprehensive market research study, to provide the facts and figures allied with any subject in the field of marketing. With the specific and state-of-the-art information presented in this industry report, businesses can be aware about the types of consumers, consumer’s demands and preferences, their perspectives about the product, their buying intentions, their response to particular product, and their varying tastes about the specific product already existing in the Chemical and Materials industry. Quality and transparency are strictly maintained while carrying out research studies to offer an exceptional market research report for specific niche.
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Industry Segmentation and Size
U.S. roofing market is segmented into four notable segments which are based on the basis of product, type, purpose and application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of type, the roofing market is segmented into standing seam roofing, dovetail joint roofing, steep slope roofing, low slope roofing, tiles, shingles and shakes, metal roofing, non-shaft type batten seam roofing, welded seam roofing, corrugated sheet roofing, plain panels, dutch-lap roofing, roof gutter, asphalt shingles, wood, green roofd, v-beam roofing, architectural standing systems and others.
- On the basis of type, the roofing market is segmented into materials and chemicals.
- On the basis of purpose, the roofing market is segmented into sound reduction, sound absorption and others. In U.S., the sound absorption segment is dominating the market as with increasing regulation lowering of noise pollution from commercial and industrial make sound absorption segment dominating in the country.
- On the basis of application, the roofing market is segmented into residential, commercial and industrial.
Industry Share Analysis
The major players covered in the report are
- Kingspan Group, Nucor Building Systems (A Subsidiary of Nucor), Cornerstone Building Brands, Metal Sales Manufacturing Corporation, Reed's Metals., ATAS International, Inc., DECRA Roofing Systems, Inc., Tata Steel, GAF, Malarkey Roofing and Mid-States Asphalt among other domestic and global players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
U.S. Roofing Market Report Answers the Following Questions:
What factors are driving the growth of the U.S. Roofing Market?
What are the end-user industries for U.S. Roofing Market?
How has the demand for U.S. Roofing Market changed over time?
What is the future outlook for the U.S. Roofing Market?
What are the major players in the U.S. Roofing Market?
How has the COVID-19 pandemic affected the U.S. Roofing Market?
What are the challenges faced by the U.S. Roofing Market?
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