Rapid urbanization and industrialization, and increasing construction activities in residential and non-residential activities, especially in developing regions are key factors driving market revenue growth.
Market Size - USD 189.10 Billion in 2020, Market Growth - CAGR of 5.3%, Market Trends - Increasing government initiatives on infrastructural development and commercial set-ups.
The global roofing panels market size is expected to reach USD 285.39 Billion in 2028, and register a CAGR of 5.3% during the forecast period. Major factor expected to drive growth of the global roofing panels market is increasing demand for roofing panels from non-residential sector for making establishments such as warehouses, power plants, transport infrastructure, and others, as these panels aid in safeguarding natural elements from damaging the equipment or manufacturing machinery and handling devices.
Roofing panels or roofing sheets are a vital part of the rooftop in the construction sector as it acts as the primary barrier against natural elements such as rain, moisture, snow, and heat. Roofing panels are highly resistant to fire and water, due to which these roofing panels are being used for application in places where protection from fire and water is necessary. Various major players are also experimenting and testing if roofing panels can be used near volcanic rocks. These are other major factors expected to boost growth of the global roofing panels market.
Some Key Findings From the Report:
For the purpose of this report, the global roofing panels market is segmented on the basis of product type, application, and region:
Product Type Outlook
Application Outlook
Region Outlook
Reasons to Buy the Report
Market Size - USD 189.10 Billion in 2020, Market Growth - CAGR of 5.3%, Market Trends - Increasing government initiatives on infrastructural development and commercial set-ups.
The global roofing panels market size is expected to reach USD 285.39 Billion in 2028, and register a CAGR of 5.3% during the forecast period. Major factor expected to drive growth of the global roofing panels market is increasing demand for roofing panels from non-residential sector for making establishments such as warehouses, power plants, transport infrastructure, and others, as these panels aid in safeguarding natural elements from damaging the equipment or manufacturing machinery and handling devices.
Roofing panels or roofing sheets are a vital part of the rooftop in the construction sector as it acts as the primary barrier against natural elements such as rain, moisture, snow, and heat. Roofing panels are highly resistant to fire and water, due to which these roofing panels are being used for application in places where protection from fire and water is necessary. Various major players are also experimenting and testing if roofing panels can be used near volcanic rocks. These are other major factors expected to boost growth of the global roofing panels market.
Some Key Findings From the Report:
- Among the product type segments, the Bituminous segment is expected to contribute major revenue share in the global market over the forecast period.
- Among the application segments, the residential segment accounted for the largest revenue share of 51.5% in 2020.
- The Asia Pacific market was valued at USD 61.87 Billion in 2020, and is expected to register a robust revenue growth rate over the forecast period. Rapidly growing construction sector, along with government initiatives in countries in the region. For instance, initiatives taken by Government of India to undertake ‘Housing for All by 2022’ project as well as investment of approximately USD 120.5 Billion for development of 27 industrial units.
- Key players profiled in the report include CertainTeed Corp., GAF, Owens Corning, Braas Monier Building Group, Carlisle Construction Materials, Atlas Roofing Corp., Firestone Building Products Company, LLC, IKO Industries Ltd., BMI Group, Etex Group, Wienerberger AG, Crown Roof Tiles, and Tesla Inc. The market players have adopted various strategies including mergers, acquisitions, partnerships, and new product developments, among other strategies, to stay ahead of the competition and expand market footprint.
For the purpose of this report, the global roofing panels market is segmented on the basis of product type, application, and region:
Product Type Outlook
- Bituminous
- Metal
- Tiles
- Elastomeric
- Others
Application Outlook
- Residential
- Non-Residential
Region Outlook
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Benelux
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Rest of Latin America
- Middle East and Africa
- Saudi Arabia
- UAE
- South Africa
- Rest of Middle East & Africa
Reasons to Buy the Report
- A robust analysis and estimation of the Roofing Panels Market with four levels of quality check - in-house database, expert interviews, governmental regulation, and a forecast specifically done through time series analysis
- A holistic competitive landscape of the all the major players in the Roofing Panels Market. The report covers their market shares, strategic initiatives, new product launches, R&D expenditure, M&As, Joint ventures, expansionary plans, product wise metric space analysis and key developments
- Go-to-market strategies specifically formulated in line with location analysis which takes into the factors such as government regulations, supplier mapping, supply chain obstacles, and feedback from local vendors
- Most deep dive segmental bifurcation available currently in the market. Our stellar methodology helps us understand the overall gamut of the supply chain and will help you explain the current market dynamics
- Special focus given on vendor landscape, supplier portfolio, customer mapping, production capacity, and yearly capacity utilization
Table of Contents
Global Roofing Panels Market Research Report 201713 Research Findings and Conclusion
1 Roofing Panels Market Overview
2 Global Roofing Panels Market Competition by Manufacturers
3 Global Roofing Panels Capacity, Production, Revenue (Value) by Region (2012-2017)
4 Global Roofing Panels Supply (Production), Consumption, Export, Import by Region (2012-2017)
5 Global Roofing Panels Production, Revenue (Value), Price Trend by Type
6 Global Roofing Panels Market Analysis by Application
7 Global Roofing Panels Manufacturers Profiles/Analysis
8 Roofing Panels Manufacturing Cost Analysis
9 Industrial Chain, Sourcing Strategy and Downstream Buyers
10 Marketing Strategy Analysis, Distributors/Traders
11 Market Effect Factors Analysis
12 Global Roofing Panels Market Forecast (2017-2022)
14 Appendix
