The new report by Expert Market Research titled, ‘Latin America Roofing Market Report and Forecast 2021-2026’, gives an in-depth analysis of the Latin America roofing market, assessing the market based on its segments like type, roof shape, application, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
Note 1: For a snapshot of the primary and secondary data of the market (2016-2026), along with business strategies and detailed market segmentation, please click on request sample report. The sample report shall be delivered to you within 24 hours.
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The key highlights of the report include:
Market Overview (2016-2026)
The growth of the roofing market is fuelled by the building industry, rapid urbanisation, and technological advancements. Furthermore, technical advancements such as green roofing, environmentally sound roofing materials, and roof inspection drones have raised demand for roofing products. The high construction cost of roofing systems, on the other hand, is expected to stifle the roofing market’s expansion. Due to the popularity of eco-friendly roofing technology and increased investments in the real-estate market, the residential segment is projected to rise the most. The rise in income levels, rapid urbanisation and industrialization, and increased government effort to invest in infrastructure development are all factors contributing to this acceleration.
Roofing: Industry Definition and Major Segments
The process of applying an external covering to a building’s roof is known as roofing. It is possible for the exterior coating to be self-supporting or to be sustained by systems under it. Tiles are one of the most common types of product, particularly as customers and developers become more concerned about the environment. Clay and concrete tiles are particularly popular because they are long-lasting and have a demonstrated beneficial effect on the climate.
Explore the full report with the table of contents : https://www.expertmarketresearch.com/reports/latin-america-roofing-market
The type of the product can be divided into the following:
The roof shape can be categorised into the following:
The applications can be listed as follows:
Based on regional industry, the market can be divided into the following:
The growth of the roofing industry has been driven by the roofing industry. Rapid urbanisation in developing markets has boosted the construction industry’s expansion, which in turn has boosted demand growth. There has been an increase in demand for new energy-efficient technologies such as green roofing, which eliminates power waste by reducing air conditioning use over time while also enhancing air quality and extending the roof’s life cycle, boosting the demand further. Furthermore, programmes focusing on energy-efficient measures, such as renovating existing buildings and replacing old roofs with new ones, are propelling the roofing industry forward. Due to evolving habits and growing urbanisation in Latin America, the construction of commercial buildings such as multiplexes and retail malls has aided business growth.
Key Market Players
The major players in the market are Owens Corning, Etex SA, Atlas Roofing Corporation, and Dextra Group, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
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Informes de Expertos (https://www.informesdeexpertos.com), the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.
Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.
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