Residential Roofing Market - Latest Market Trends

The Residential Roofing Market deals with the development of drainage and energy generation systems for roofs on residential buildings. Metal Roofing is at the vanguard among various types of roofing due to its superior operational life, sturdiness, and simplicity of installation.

The recent hurricane season in North America has sent construction planners scrambling to modify their plans. During the last few years, metal roofing was already experiencing a growth in demand due to retrofitting of old homes and buildings, but climate change-inspired disasters like the hurricanes in Texas and Florida have spurred a change in mindset with builders consciously choosing more protective and sturdy material. On the other hand, new residences, especially in developed areas like Europe, are increasingly being built with solar panels on the roof. These panels resemble windows and are an early hint at what sustainable residential roofs will look like over the next few years.

Scope & Regional Forecast of the Residential Roofing Market

Across the world, the development of productive and superior technology with regards to roofing materials, burgeoning industry of real estate investment, growing need for roofs made from eco-friendly material, rising fame of rubber and metal roofing, and opportunities provided by roof restoration or roof repair of older residences are the prime development drivers of the Residential Roofing Market. Also, increment in selection of residential roofing for application in cutting-edge industrial verticals, and developing regions like Asia-Pacific and Africa are expected to open  up new growth opportunities for roofing companies. Be that as it may, unpredictable costs and inconsistent access to crude materials and higher cost of such roof construction are the key factors impeding further growth.

As far as geography is concerned, Asia Pacific holds the highest share in the Residential Roofing Market, trailed by North America. The former is anticipated to register the quickest development during the forecast period primarily due to rapid expansion of its construction sector, significant rise in allotment of industrial areas or Special Economic Zones, gradual implementation of regulations with regards to adoption of energy efficient homes, and expanding urbanization in this region. As far as the applications are concerned, new roof construction holds the largest share of all because of the wildly successful construction industry.

More Info: http://industryarc.com/Report/16226/residential-roofing-market.html

Segmentations & Key Players Involved in the Residential Roofing Market

According to IndustryARC findings, the Residential Roofing Market can be broken down into various segmentations on the basis of –

Type: Asphalt Shingles Roofing, Metal Roofing, Elastomeric Roofing, Built-Up Roofing, Modified Bitumen Roofing and Others.
Application: Reroofing and New Construction Roofing.
Geography: Europe, Asia-Pacific, North America and Rest of the World.

Some of the key players involved in the Residential Roofing Market according to IndustryARC are as follows:
Royal Group Inc.
Atlas Roofing Corp.
Knauf Insulation Inc.
GAF Materials Corp.
Sika Sarnafil Inc.

Request For TOC @ http://industryarc.com/pdfdownload.php?id=16226

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