The increasing investments in the renovation and redevelopment of commercial and residential buildings are the major factors driving the global roofing sheet market. The roof is one of the vital structures of a building as it not only provides protection but also enhances the building’s appeal. The global construction industry – the world’s largest consumer of raw materials is anticipated to grow at a CAGR of 4.2 percent annually. The factors driving the market growth of the construction industry are owing to the significant growth in residential, non-residential, and infrastructural projects, worldwide.
The demand for roofing materials in the Asia Pacific is in line with the overall growth of the construction sector and this includes new construction and renovation activities in the region. Rapid industrialization across the globe has created a huge demand for building and construction activities, eventually increasing the demand for roofing materials.
Moreover, developing economies are witnessing a huge surge in demand for residential structures, owing to the population growth, rapid urbanization, and rising per capita income in these emerging economies. And, in turn, is anticipated to increase the demand for roofing materials during the forecast period. Increasing adoption of cutting-edge technology such as drones to survey the roofs is anticipated to transform the roof installation process. Furthermore, the implementation of 3D printing technology used in the production of numerous structural components of roofing systems is expected to bolster the demand for roofing materials in the coming years.
In this issue, Industry Outlook brings to you the list of Top 10 Roofing Sheet Manufacturers who have made their mark in this domain with their quality products and industry expertise. These companies have kept abreast of the new technological advancements in this segment and have leveraged them to their full potential.
We hope this issue gives you helpful insights into this market landscape.