Roofing Systems Market worth 157.56 billion USD by 2021


Roofing Systems Market

The report "Roofing Systems Market” by Material (Asphalt, Metal, Plastic, Clay, Concrete), Product (Shingles & Plates, Tiles), Construction Type (New Construction & Reform Construction), End-Use Sector (Residential & Non-Residential) - Global Forecast to 2021", The market for roofing systems is projected to grow from USD 109.72 Billion in 2016 to USD 157.56 Billion by 2021, at an estimated CAGR of 3.06%. 

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Owens Corning (U.S.) acquired InterWrap Roofing Products (Canada), a manufacturer of roofing underlayment and packaging materials, for USD 450 Million. The acquisition was aimed at strengthening Owens Corning’s capabilities and accelerating the growth in the roofing components market.

View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/roofing-system-market-88256875.html

Residential sector to gain maximum traction during the forecast period

The residential sector is projected to be the fastest-growing segment by 2021. The non-residential sector comprises industrial, commercial, and other applications. New construction and remodelling are expected to increase the demand for roofing systems.

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Related Reports:

Roofing Systems Market by Material (Asphalt, Metal, Plastic, Clay, Concrete), Product (Shingles & Plates, Tiles), Construction Type (New Construction & Reform Construction), End-Use Sector (Residential & Non-Residential) - Global Forecast to 2021.

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