Roofing Materials Market Size Developments and Business Outlook 2022–2030
The global roofing materials market is expected to grow at a Compound Annual Growth Rate (CAGR) of 4.10% USD 1,18,391.40 million over the current forecast period ( 2021–2030 ). Roofing materials play a valuable role in construction, as they impart stability and aesthetic value to the construction. Roofing materials are crucial in ensuring the long-term structural stability of the final construction and play a vital role in preventing the entry of rainwater, ice, and other environmental contaminants. Roofing materials have also taken on a different role in today’s environment-centric age, with several roofing materials being used in energy generation and energy conservation efforts. These active roofing materials have imparted the Roofing Materials Industry a new dimension and are likely to be the heralds of a new age in the global roofing materials market over the forecast period. The growth of the global construction industry is likely to be the major driver for the ...