Understanding the Dynamics of the U.S. Roofing Market: Regional Analysis, Product Segmentation, and Forecast
Data Bridge Market Research has predicted that the roofing
market will experience growth between 2021 and 2028. The market is projected to
have a Compound Annual Growth Rate (CAGR) of 5.6% during this period and
is expected to reach a value of USD 55,218.38 million by 2028. The
rising number of residential and commercial buildings in the United States and
the increasing usage of cost-effective and efficient sheet roofing are some of
the advantages associated with the roofing market.
Market Insights and Scope
Roofing plays a crucial role in
building construction as it serves as the topmost structural covering that
protects the building from weather elements. The type of roofing structure
varies depending on the building type. Roofing refers to the materials used in
the construction of roofs, including traditional styles like metal, elastomers
& plastics, tile, concrete, and clay.
With the rise in rainfall and snowfall,
there is an increasing demand for high-quality roofing for commercial buildings
to prevent water from entering the construction material, which can lead to
costly renovations. In North America, there has been an increase in rainfall
over the years, resulting in a higher demand for tiles, shingles, shakes, metal
roofing, asphalt shingles, waterproofing membrane sheets, and polymers in
residential construction.
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