DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/cxck9x/global_roofing) has announced the addition of the "Global Roofing Material Market 2015-2019" report to their offering.
The global roofing materials market to grow at a CAGR of 6.43% over the period 2015-2019.
Roofing materials are used for building roof construction. These materials can be decided by the geographical condition, nature of building, and end-user preferences. Based on type, roofing materials can be classified as shingle, tile, metal roofing, green roofing, and solar shingle roofing. A boom in the construction sector worldwide has increased the demand for roofing materials.
The report, Global Roofing Material Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. It covers the market landscape and its growth prospects in the coming years. It further includes a discussion of the key vendors operating in this market.
One of the key trends emerging in the global roofing material market. A green roofed building is covered with vegetation and saves on the energy used for cooling and heating purposes inside the building.
According to the report, the most important driver is the rapid growth of the construction industry. Creating more job opportunities, migrating populations and an increase in incomes and standards of living encourage people, governments, and MNCs to invest in infrastructure and commercial and residential buildings, which in turn creates demand in construction activity, generating demand for roofing materials.
Further, the report states that one of the key challenges in this market is the scarcity of skilled workers for installation. The difficult work environment, lack of job security, and the migratory nature of laborers are factors that hinder the completion of construction projects.
The report provides the segmentation of the market based on the following:
- Product type (shingle roofing, metal roofing, tile roofing, and others)
- Application (residential construction, non-residential construction, and commercial)
- Geography (APAC, North America, Western Europe, and ROW)
- Braas Monier Building Group
- GAF Materials
- Owens Corning
Other Prominent Vendors
- American Hydrotech
- Atlas Roofing
- Beacon Roofing Supply
- Eagle Roofing Products
- IKO Industries
- Johns Manville
For more information visit http://www.researchandmarkets.com/research/cxck9x/global_roofing