The north american residential roofing materials market is expected to grow from nearly 6 5 billion in 2015 to 7 8 billion by 2020 with a compound annual growth rate cagr of 3 8 for the period of 2015 2020.
Residential roofing market.
The market is classified on the basis of material type type application and region.
By type the market is bifurcated into flat roof and slope roof.
A roof is a structure that covers the houses or buildings and protects their interior and exterior.
Some of the market players in the residential roofing market include basf ag atlas roofing corp johns manville knauf insulation inc lapolla bayer saint gobain owens corning gaf materials corp sika sarnafil inc rockwool group royal group inc and certainteed among others.
As per the report the application landscape of the residential roofing industry market is bifurcated into asphalt shingles roofing metal roofing elastomeric roofing built up roofing modified bitumen roofing andothers.
By material type the market is divided into bituminous roofing metal roofing tile roofing and others.
The market share consumption rate and estimated growth rate of each application fragment are mentioned.
As the leading master elite contractor in southern california since 2002 chandler s roofing is able to offer you unparalleled roof warranty.
There are two main types of asphalt shingles.
Sales forecasts according to the national association of home builders nahb residential housing starts in 2016 were estimated to be 1 16 million up almost 5 percent from the previous year s total of 1 11 million units.
The north america roofing market size was 29 864 4 million in 2017 and is projected to reach 47 517 8 million in 2025 growing at a cagr of 5 9.
Asphalt composition shingles dominate the market because they are affordable offer a variety of attractive options and do a good job protecting homes from the nature s elements.
Get more information on this report.
By application the market is classified into residential commercial and industrial.