Roofing Market In North America | Discover Top Trends and Drivers
Market Growth and Forecasts for 2022-2026
Roofing market in north america is set to post an incremental growth of $ 4.28 bn during 2022-2026. The market will progressing at a CAGR of 3.13% during the forecast period. Our analysts provide a detailed understanding of the market focusing on the latest trends, and drivers that are likely to impact growth. This analysis will enable business leaders to strategize and plan for further growth of their business.
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Roofing Market In North America: Market Segments and Key Trends
The research report provides a detailed analysis of all the segments, key trends, and challenges that are likely to influence growth. The market is segmented by Application (residential and non-residential) and Geography (US, Canada, and Mexico). 61% of the market growth will originate from US during the forecast period. However, low availability of workforce and rising labor costs during covid-19 outbreak is one of the challenges that will need to be overcome to drive growth.
Roofing Market In North America: Leading Factors to Drive Market Growth
The High demand for bitumen coating is one of the primary factors driving the growth of the roofing market in north america. The report provides a detailed study of all the factors that are likely to boost the market. An understanding of the key drivers will enable clients to leverage growth opportunities to their advantage with a view to short-term and long-term business goals.
Roofing Market In North America: Vendor Analysis
The market is fragmented. The research report provides insights into the top market player and their product portfolio along with pipeline analysis of upcoming developments and growth opportunities. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Beacon Roofing Supply Inc., Carlisle Companies Inc., CertainTeed, Firestone Fibers and Textiles Company LLC, GAF Materials LLC, Johns Manville, Owens Corning, Seaman Corp., Sika AG, and The IKO Group of Companies are some of the major market participants.
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Roofing Market In North America: Key Highlights of the Report for 2022-2026
The report provides insights into the following FAQs: