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Commercial roofing materials market - emerging economies to have lucrative growth opportunities

The global commercial roofing materials market is defined by the presence of well known players from the construction industry. There are no prominent global players in this market but there are several regional players, Transparency Market Research observes in its latest study on this market. Some of them are: GAF, Firestone Building Products Company, and TAMKO Building Products, Inc. According to the report the global commercial roofing materials market was worth US$7.81 bn in 2016 and shall be worth US$10.38 bn in 2024, expanding at a 3.6% CAGR from 2016 to 2024. On the basis of geography, North America has been leading in the commercial roofing materials market with a high demand for all segments of roofing. However, emerging economies are showing a positive growth rate owing to an increase in construction activities and this will make them lucrative markets for commercial roofing materials in the years to come, while North American market for the same has become mature and g...

Commercial Roofing Materials Market: Offer Lucrative Growth in Urbanizations and Flourishing Construction Sector, By 2024

The   global market for commercial roofing materials   is witnessing a presence of a large number of players and a high level of competition across the globe, states a research report by Transparency Market Research. The rising number of mergers and acquisitions and collaborations are likely to strengthen the competitive environment of the global commercial roofing materials market in the next few years. Some of the leading players operating in the global market are TAMKO Building Products, Inc., GAF, and Firestone Building Products Company. These players are focusing on new product development and innovations so as to attract a large number of consumers and attain a leading position in the global commercial roofing materials market. In addition, the rising number of players predicted to enter the market is likely to encourage the growth of the overall market over the coming years.  As per the research study by Transparency Market Research, in 2016, the global marke...

Global Commercial Roofing Materials Market: Manufacturers Hot on the Tracks of Global Construction Boom, notes TMR

Despite the presence of well-known entities from the construction-oriented industries, the   global commercial roofing materials market   is currently lacking the strong presence of globally prominent players. There is a heavy volume of regionally active players in the global commercial roofing materials market at the moment and a comparatively low number of key players. In 2015, the global commercial roofing materials market was led by the names GAF, TAMKO Building Products, Inc., and Firestone Building Products Company. According to a research report released by Transparency Market Research, the global commercial roofing materials market was consistently dominated by North America till recently. This region held a high demand for all segments of roofing within the market. At the same time, the emergent economies are showing extremely positive growth rates in their construction activities, sparing a long term demand for commercial roofing materials. In terms of revenu...