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Roofing Materials Market 2018 Key Players Tamko Building Products, Certainteed, Etex, Gaf, Saint Gobain Sa, Owens Corning, Icopal Aps, Sika Ag, Fletcher Building.

(EstateNewsWire.com, August 11, 2018 ) Roofing materials market has widespread applications in various end user sectors including residential, nonresidential and commercial. Residential is the fastest growing sector owing to the increasing renovation of existing residential construction along with new infrastructural projects. Increasing renovation activates in various manufacturing and industrial applications is also a leading driver for demand. Enhancement in the transportation and power infrastructure facilities, and rural development are some of the vital drivers for the growth of the nonresidential applications in the forecasted period.

Growth of commercial ceilings is projected to drive the roofing materials market due its extensive use in exterior parts of various commercial buildings and structures. Increasing urbanization with rise in standard of living will foster market demand, especially for renewal activities in developing countries. Low sloped and steep sloped roofs are most commonly used building patterns in commercial ceiling applications. Low sloped pattern is predicted to retain the roofing materials market in commercial structuring as it is easily manufactured with low initial costs.

Request for table of contents of this report @ https://www.gminsights.com/request-toc/upcoming/1335

High cost of manufacturing and installation of tiling systems will restrain the roofing materials market in the forecast period. Asia Pacific is expected to lead the global roofing materials market due to rapid industrialization and increased urbanizations in the region. China is the leading player in Asia Pacific roofing materials market, followed by India, Japan, Australia, Malaysia, South Korea and Thailand.

Latin America is another advancing region to attract manufacturers as there are large number of construction activity going on particularly in Brazil and Argentina. Gradual increase in local ceiling technologies is anticipated to boost the market.

North America is relatively a matured market as compared to other regions and is increasing at a slower growth rate due to development of BUR and SPR technologies in the regional market. Various global manufacturers have focused on strategic acquisitions and partnerships with other companies to expand roofing materials market growth.

Global Roofing Materials Market size is witnessing growth owing to increase in demand for product from residential, nonresidential and commercial sectors in the developing economies. In addition, with wide range of construction and renovation works going on across the world, the manufacturers of product are finding a significant scope of opportunities. The roofing materials market is also effectively determined using single ply roofing materials systems, which are cost effective and flexible coupled with high rates of renovation technology in the developed countries of the world.

Browse Report Summery @ https://www.gminsights.com/industry-analysis/roofing-materials-market

The key industry players in the global roofing materials market are gradually focusing towards developing markets for growing their revenues. The manufacturing plants are generally located near to the raw ingredients sites, due to low transportation costs and easy availability of raw supplies. Key players include TAMKO Building Products, CertainTeed, Etex, GAF, Saint Gobain SA, Owens Corning, IcoPal ApS, Sika AG, Fletcher Building. Some of the other prominent players include Johns Manville, Carlisle, Monier Group, Firestone Building Products and Braas Monier Building Group.

Global Market Insights, Inc.

Arun Hegde

1-888-689-0688

sales@gminsights.com

Source: EmailWire.Com


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