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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

Global Roofing Systems Market by Material:

  • Asphalt
  • Concrete
  • Metal
  • Plastic
  • Clay
  • Elastomers

Global Roofing Systems Market by Product Type:

  • Tiles
  • Shingles
  • Plates

Global Roofing Systems Market by Construction Type:

  • New Constructions
  • Reform Constructions

Global Roofing Systems Market by Application:

  • Residential
  • Commercial
  • Industrial

Global Roofing Systems Market by Region:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East
  • Africa

Research Methodology

Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:

  • Primary Research (Trade Surveys and Experts Interviews)
  • Desk Research
  • Proprietor Data Analytics Model

In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.

Data Triangulation Methodology | Coherent Market Insights

Coherent Market Insights desk research is based on a principle set of research techniques:

  • National level desk research: It Includes research analysis of regional players, regional regulatory bodies, regional trade associations, and regional organization.
  • Multinational level desk research: The research team keeps a track of multinational players, global regulatory bodies, global trade associations, and global organization.

Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:

  • Governmental bodies, National and international social welfare institutions, and organizations creating economic policies among others.
  • Trade association, National and international media and trade press.
  • Company Annual reports, SEC filings, Corporate Presentations, press release, news, and specification sheet of manufacturers, system integrators, brick and mortar - distributors and retailers, and third party online commerce players.
  • Scientific journals, and other technical magazines and whitepapers.

Market Analysis | Coherent Market Insights

Preliminary Data Mining

The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.

Data Standardization

Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.

Coherent Statistical model

We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:

  • Micro-economic indicators
  • Macro-economic indicators
  • Environmental indicators
  • Socio-political indicators
  • Technology indicators

Data Processing

Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.

Data Validation

This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:

  • It provides first-hand information on the market dynamics, outlook, and growth parameters.
  • Industry experts validates the estimates which helps the company to cement the on-going research study.
  • Primary research includes online surveys, face-to face interviews, and telephonic interviews.

The primary research is conducted with the ecosystem players including, but not limited to:

  • Raw Material Suppliers
  • Manufacturers
  • System Integrators
  • Distributors
  • End-users