Roofing Shingles Market

Roofing Shingles Market: Drivers and Restraints

Among roofing material, the Roofing Shingles are widely used in North America region and are gaining popularity across developing part of the globe that previously relied on other type of roofing solutions made up of concrete. The demand of Roofing Shingles changes drastically on depending upon the countries and regions affected by the building pattern and aesthetic preferences among people, weather, and spending capacity. The building, construction and home ownership will remain key indexes of Roofing Shingles market growth and expected to overcome various challenges that may act as restraint to the market growth over the forecast period. The Roofing Shingles market in developing countries such as India will grow at attractive pace and provide new engine of global growth in emerging markets. The spending on Roofing Shingles is set to increase over the coming years as the infrastructure is improving significantly owing to efforts of respective governments and increasing spending capability of people. On the basis of substrate, Asphalt are widely used Roofing Shingles holding large share of the global market. In the near future, the Roofing Shingles panels with solar can expect healthy growth going forward in the coming years. These new Roofing Shingles have solar cells inside that take energy from the sun turning it into electricity and are expected to cost less in long term.

Roofing Shingles Market: Region-Wise Outlook

The global Roofing Shingles market is segmented into seven key regions: North America, Latin America, Western Europe and Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan and Middle East and Africa (MEA). In the coming years, Western Europe, Japan and North America regions are anticipated register attractive growth as demand will be boosted by healthy recovery in the residential Roofing Shingles markets. The Asia Pacific and Middles East & Africa (MEA) region will emerging as strategically important market for Roofing Shingles led by China and driven by strong growth in India and African countries. The Latin America and Eastern Europe will also offer revenue generation opportunities for the Roofing Shingles market players.

Roofing Shingles Market: Market Participants

Examples of some of the market participants identified across the value chain of the global Roofing Shingles market include:

• Owens Corning
• Malarkey Roofing Products
• GAF Materials Corporation
• ELK Products Inc.
• Atlas Roofing Corporation
• Decra Roofing Systems, Inc
• CertainTeed Corporation
• Tamko Building Products, Inc.
• IKO Industries, Inc.
• Tesla, Inc.
• Dura-Loc Roofing Systems

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

The report covers exhaust analysis on:

• Market Segments
• Market Dynamics
• Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies involved
• Technology
• Value Chain

Regional analysis includes:

• North America (U.S., Canada)
• Latin America (Mexico. Brazil)
• Western Europe (Germany, Italy, France, U.K, Spain)
• Eastern Europe (Poland, Russia)
• Asia Pacific (China, India, ASEAN, Australia & New Zealand)
• Japan
• Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.