The basic purpose of any roofing system is to provide protection against direct sun light, snow fall, heavy rain, and wind. Roofing systems may vary depending upon the region, climate, and other needs by the customers. Moreover, companies such as Tesla, ZunRoof are focusing on environment friendly roofing system For instance, Tesla, a U.S.-based company offers roof combined with solar panel, which is aesthetically pleasing and environment friendly. Moreover, countries such as the U.S., India, Pakistan, China, the Philippines, and Indonesia are prone to natural disaster. This, in turn, will create growth opportunities for roofing systems market.
Factors Driving Growth of the Global Roofing Systems Market
Global Roofing Systems Market: Regional Insights
The regional segmentation of the global roofing system market is includes North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. Currently, the global market is expected to be dominated by the Asia Pacific region. This is attributed to development in the construction industry in the emerging economies such as China, India, Philippines, Vietnam, and Bangladesh.
For instance, according to the UN Department of Economic and Social Affairs, by 2050, it is expected that India will have around 416 million urban dwellers and around 255 million urban dwellers in China. Moreover, in 2015, Government of India announced to develop 100 smart cities.
Global Roofing Systems Market Key Players:
Key players operating in the market include Duro Last Roofing Inc., CentiMark Corporation, Braas Monier Building Group, Tecta America Corporation, Nations Roof LLC, Atlas Roofing Corporation, Owens Corning, Holland Roofing, Empire Roofing,
Collis Roofing, Best Roofing, Precision Construction and Roofing,
Power Home Remodeling, and others.
Global Roofing Systems Market: Taxonomy
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