Roofing Materials Market Competitive Landscape Report to 2030
Roofing Materials Market Growth & Trends The global roofing materials market is expected to reach USD 171.25 billion by 2030, registering a CAGR of 4.0% from 2022 to 2030, as per a new report by Grand View Research Inc. Increasing investments in the renovation and redevelopment of residential and non-residential buildings are expected to drive the market growth. Roofing Materials Market Segmentation Grand View Research has segmented the global roofing materials market on the basis of product, application, and region: Based on the Product Insights, the market is segmented into Asphalt Shingles, Concrete & Clay Tile Roofs, Metal Roofs, Plastic Roofs, Others. Concrete and clay tiles product segment led the market and accounted for more than 29% share of the global revenue in 2021. These tiles offer benefits such as improved aesthetics, durability, and ease of recycling, hence drive the product demand. However, growing consumer preference for stone-coated ...