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Roofing Distribution Market Competitive Analysis with Size & Share Research and Forecast to 2030
[170+ Pages Research Report] Roofing Distribution Market to surpass USD 173 by 2031 from USD 115 in 2021 at a CAGR of4.2% in the coming years, i.e., 2021-31.
Roofing materials are majorly utilized in housing industry. Residential roofing consists of putting in roofs, sidings, and systems for roofs. Newer technologies providing durable and energy-efficient roofing for his or her homes and workplaces are increasingly being acknowledged by consumers across the world.
Roofing Distribution Market is expected to project a notable CAGR in 2031
Roofing Distribution Market to surpass USD 173 billion by 2030 from USD 115 billion in 2021 at a CAGR of 4.2% in the coming years, i.e., 2021-31. Increase in residential construction and rapid urbanization in developing countries are a number of the factors resulting in the expansion of the Roofing Distribution Market. Additionally, employment opportunities provided for educated and skilled individuals who can efficiently manufacture green roofs is another factor, which fuels the expansion of the Roofing Distribution Market.
segment to grow with the highest CAGR during 2021-31
Roofing Distribution Market is segmented by Type into Extensive and Intensive. The Extensive segment is anticipated to dominate the Roofing Distribution Market and has the highest revenue share.
Commercial segment to grow with the highest CAGR during 2021-31
Roofing Distribution Market is segmented by Application into Residential, Commercial, and Industrial. The largest Roofing Distribution Market with the significant share was declared by the Commercial segment
Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis
Roofing Distribution Market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, Asia Pacific, and the Middle East, and Africa. Asia Pacific is projected to be the fastest-growing segment for Roofing Distribution Market due to rising metal and fiber industries, government policies to extend energy-efficient homes, and the rising number of residences. New construction roofing is largest revenue-generating application of Roofing Distribution Market as numerous new constructions are happening in emerging economies.
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