The roofing materials market from concrete & clay tile materials segment is anticipated to register an appreciable valuation of around USD 36 billion revenue by 2027. Technological developments such as integration of these products with solar cells and advancements in insulated roofing tiles are as well offering new growth avenues for the business.

With increasing product demand, several major industry players operating in roofing materials market are focusing on developing new products to widen their product portfolio and effectively serve the growing demand. This allows them to strengthen their foothold in the market. For instance, in 2021, Atlas Roofing Corporation announced the launch of its new hip & ridge shingle StormMaster®.

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When it comes to which roofing material is witnessing higher adoption, concrete & clay tile materials are gaining massive traction in the industry owing to the benefits offered by them. They offer improved aesthetics as well as durability of materials which makes them suitable for residential applications. In addition, the material is easy to customize, weather & fire resistant, and requires less maintenance when compared to its counterparts.

The product reportedly features its proprietary Core4™ Enhanced Polymer Technology, which ensures additional strength, durability, flexibility and extreme weather resistance. Such developments are estimated to propel the industry landscape over the foreseeable future.

The Roofing Materials Market is poised to grow at more than 4.4% CAGR through 2027. roofing materials are witnessing heightened demand in this segment owing to the increasing residential construction projects especially across Asia Pacific and Middle East. In addition, growing urbanization, rising disposable income along with increasing consumer inclination towards house renovation is fostering the product adoption further. Reportedly.

Growing concern regarding energy consumption across developed countries, along with rising awareness about installing energy-efficient solutions in buildings and establishments are some of the major factors that are driving the growth of roofing materials industry significantly. For instance, growing popularity of green buildings in the U.S., Germany and other European countries is impelling the demand for energy efficient roofing systems.

Speaking primarily of the North American region, the regional roofing market is observing substantial growth over the past few years. In 2020, the market had recorded a valuation of more than USD 29 billion revenue in 2020. This can be attributed to increasing renovation projects along with the presence of numerous industry participants offering a large number of roofing materials in the region. Besides, rising construction of various residential and commercial buildings is complementing the industry growth further.

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Some Point from Table of Contents:

Data Tables

TABLE 1    Roofing materials market estimates and forecast, 2017 – 2017, (Million Square Foot) (USD Billion)

TABLE 2    Roofing materials industry estimates and forecast by material, 2017 – 2017 (Million Square Foot)

TABLE 3    Roofing materials industry estimates and forecast by material, 2017 – 2017 (USD Billion)

TABLE 4    Roofing materials industry volume estimates and forecast by type of construction, 2017 – 2017 (Million Square Foot)

TABLE 5    Roofing materials market revenue estimates and forecast by type of construction, 2017 – 2017 (USD Billion)

TABLE 6    Roofing materials industry volume estimates and forecast by application, 2017 – 2017 (Million Square Foot)

TABLE 7    Roofing materials market revenue estimates and forecast by application, 2017 – 2017 (USD Billion)

TABLE 8    Roofing materials industry volume estimates and forecast by region, 2017 – 2017 (Million Square Foot)

TABLE 9    Roofing materials market revenue estimates and forecast by region, 2017 – 2017 (USD Billion)

TABLE 10    Vendor matrix

TABLE 11    Growth driver

TABLE 12    Industry pitfall and challenges

TABLE 13    Strategic dashboard

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