Roofing Market Trends

Who knows you may get an idea for updating your own home. The global roofing market size is expected to reach at a cagr of 4 6 from 2019 to 2025. There are currently over 50 000 establishments engaged in the installation roofing siding and sheet metal work valued at a total of 31 4 billion.

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Roofing market trends.

Roofing industry statistics and trends. A roof is a structure that covers the houses or buildings and protects their interior and exterior. Roofing market outlook 2027 the global roofing market size was valued at 92 942 3 million in 2019 and is projected to reach 132 775 6 million by 2027 registering a cagr of 4 6 from 2020 to 2027. Roofing offers protection from heat rain and other atmospheric conditions.

Synthetic materials are a good fit for homeowners who want a more durable product that replicates the wood texture and natural color of traditional slates or shakes. It is no longer something reserved for barns or industrial buildings now coming in a wide array of styles and colors. Bitumen ceramic coated granules. Roofing protects against heat rain and other atmospheric conditions.

The roofing industry is expected to grow to 5 3 billion over the next several years. While it has been around for a while metal roofing may have something of a rebirth in 2020. The demand for synthetic roofing materials is one of the biggest trends our associates see regardless of region. Here are eight roofing industry trends to watch for in 2020.

Recovery in the commercial and industrial segments are projected to increase in roofing demand.

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