Roof Cladding Market By Type (Asphalt and Slate, Tiles, Metal, Fiberglass, Others), By Roof Type (Flat Roof, Slope Roof), By Application (Residential, Commercial, Industrial): Global Opportunity Analysis and Industry Forecast, 2021-2031
The global roof cladding market size was valued at $83,560.7 million in 2021, and is projected to reach $130,497.6 million by 2031, registering a CAGR of 4.6% from 2022 to 2031.
Roof cladding is a layer of covering applied to a roof to provide both weather protection and aesthetic appeal. It consists of large sheets of material, or many small, overlapping units. It is available in variety of materials, shapes, and sizes for the application of residential and commercial buildings.
Factors such as expansion in construction industry, rapid urbanization, and technological innovations drive the growth of the market. In addition, urban population is projected to increase by 2050, thereby fueling the market growth in near future. Furthermore, surge in standard of living, particularly in the developing countries empowers re-roofing construction projects. Rise in air pollution, loss of biodiversity, and urban heat island are the factors that make way for green roof technology to decrease environmental degradation. In addition, rise in demand for roof cladding is driven primarily by surge in trend in residential buildings, increase in adoption of roof cladding in non-residential buildings; and the development of energy-efficient buildings. In addition, increase in industrialization and urbanization in economies, including India and Africa, are expected to respond to the development of the roof cladding market. In addition, increased consumer spending on home renovations and improvement activities and improved new construction activities are expected to provide market participants with profitable growth opportunities.
The roof cladding market is segmented on the basis of type, roof type, application, and region. On the basis of type, the market is segmented into asphalt and slate, tiles, metal, fiberglass, and others. On the basis of roof type, the market is divided into flat roof and slope roof. On the basis of application, the market is divided into residential, commercial and Industrial. Region wise, the global market analysis is conducted across North America, Europe, Asia-Pacific, and LAMEA.
The key players that operate in the roof cladding market are Atas International, Inc., Cembrit Holdings A/S, Decra Roofing Systems Inc., Everest Industries Limited, Firestone Building Products, Kingspan Group, Reed's Metal Inc., Shildan Group, Sika AG, Westlake Corporation.
Key Benefits For Stakeholders
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the roof cladding market analysis from 2021 to 2031 to identify the prevailing roof cladding market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the roof cladding market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global roof cladding market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Type
Asphalt and Slate
Tiles
Metal
Fiberglass
Others
By Roof Type
Flat Roof
Slope Roof
By Application
Residential
Commercial
Industrial
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
France
Italy
UK
Rest of Europe
Asia-Pacific
China
India
Japan
Australia
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Key Market Players
Cembrit Holdings A/S
Decra Roofing Systems Inc.
Everest Industries Limited
Firestone Building Products
Kingspan Group
Reed's Metal Inc.
Shildan Group
Sika AG
Westlake Corporation
Atas International, Inc.
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