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Roofing Materials Market Analysis By Product and Forecast, 2014 - 2025:Radiant Insights, Inc

The global roofing material market is anticipated to be valued at USD 142.88 billion by 2025, according to a new report by Grand View Research, Inc. Rapidly growing infrastructure demand owing to migration of people from rural to urban areas, improved standard of living resulting in the need for building renovation projects, etc. are some of the key factors expected to support the demand for these materials.
Asia Pacific is expected to emerge as the largest as well as the fastest growing region. North America is slated to register the second highest growth rate. Residential application segment is likely to emerge as the largest as well as the fastest growing application segment. Positive growth rate recorded by the residential construction industry in developed regions is anticipated to support the new residential roofing market as well as re-roofing activities.
High brand loyalty in addition to major players focusing on establishing long-term relationships with customers is a primary characteristic of this industry. Market participants with a focus on achieving competitive advantage provide a comprehensive product portfolio of roofing materials.
To enhance the customer service and also taking into consideration the complexity and distinctive properties of various roofing materials, many product manufacturers provide work training facilities. Most manufacturers entail certified applicants as part of their licensed applicator agreements with various roofing contractor companies.
Further Key Findings From the Study Suggest:
Metal roof are expected to emerge as the fastest growing product during the forecast period and is expected to grow at an estimated CAGR of 3.3%
Metal roofs slated to gain ground with development of pre-engineered steel buildings for non-residential applications
Tile roof segment is anticipated to emerge as the largest product segment but are likely to register low growth rate as compared to asphalt shingles
Shingles which are widely used in the North American market have witnessed robust growth in developing regions owing to ease of installation, high durability, and moderate price
Residential application segment is slated to emerge as the fastest as well as the largest application segment. The segment accounted for over 55% demand in 2015
North America is slated to grow at an estimated CAGR of 2.9% during the forecast period
Presence of key manufacturers and their ability to offer a wide product range to customers is expected to play a crucial role to support the market growth in North America
To Access Browse Full Research Report @: 
http://www.radiantinsights.com/research/roofing-materials-market
Table of Contents
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
1.3. List of Data Sources
Chapter 2. Executive Summary
2.1. Market Snapshot
Chapter 3. Roofing Materials Market Variables, Trends & Scope
3.1. Market segmentation
3.2. Market size and growth prospects, 2014 - 2025
3.3. Value chain analysis
3.4. Market dynamics
3.4.1. Market driver analysis
3.4.2. Market restraint analysis
3.5. Industry analysis - Porter's
3.6. PESTEL analysis, 2015
Chapter 4. Roofing Materials Market: Product Estimates & Trend Analysis
4.1. Global roofing materials market share by product, 2015 & 2025
4.2. Asphalt shingles (Million sq. mtr.; USD Million)
4.2.1. Market estimates and forecast, 2014 - 2025
4.2.2. Market estimates and forecast by region, 2014 - 2025
4.3. Tile Roof (Million sq. mtr.; USD Million)
4.3.1. Market estimates and forecast, 2014 - 2025
4.3.2. Market estimates and forecast by region, 2014 – 2025
4.4. Metal Roof (Million sq. mtr.; USD Million)
4.4.1. Market estimates and forecast, 2014 - 2025
4.4.2. Market estimates and forecast by region, 2014 - 2025
4.5. Plastic Roof (Million sq. mtr.; USD Million)
4.5.1. Market estimates and forecast, 2014 - 2025
4.5.2. Market estimates and forecast by region, 2014 - 2025
4.6. Others (Million sq. mtr.; USD Million)
4.6.1. Market estimates and forecast, 2014 - 2025
4.6.2. Market estimates and forecast by region, 2014 - 2025
To Access Request A Sample Copy Of This Report at:  http://www.radiantinsights.com/research/roofing-materials-market/request-sample
About Radiant Insights:
Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. It assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. The Organization has a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions. 
Media Contact:
Company Name: Radiant Insights, Inc
Contact Person: Michelle Thoras
Email: sales@radiantinsights.com
Phone: (415) 349-0054
Address: 28 2nd Street, Suite 3036
City: San Francisco
State: California
Country: United States
For more information, Visit: http://www.radiantinsights.com 
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