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.
By application the market is classified into residential commercial and industrial.
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.
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.
Chandler s roofing proudly features and installs quality roofing materials supplied by gaf materials corporation north america s largest manufacturer of residential and commercial roofing products.
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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.
By material type the market is divided into bituminous roofing metal roofing tile roofing and others.
While new housing starts are expected to increase in 2017 roof replacements comprise the bulk of residential contractors business.
The market is classified on the basis of material type type application and region.
There are two main types of asphalt shingles.
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A roof is a structure that covers the houses or buildings and protects their interior and exterior.
3 key opportunities for us residential roofing producers in 2019 beyond while weather patterns and housing activity largely govern the us residential roofing market the devil is in the details when it comes to understanding key growth trends.
The market share consumption rate and estimated growth rate of each application fragment are mentioned.