Roofing Market In North America | High Demand For Bitumen Coating to Boost Growth in the l1 | Technavio
06-May-2022 | Alaska | News-Press Release
According to Technavio, the roofing market in north america size is expected to value at USD 4.28 bn during 2022-2026. The market sizing analysis in the report reveals that the market growth will progressing at a CAGR of 3.13%. The report offers exclusive detailed COVID-19 impact study, which majorly highlights vendor performance and new business opportunities during and post pandemic period.
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Roofing Market in North America Trends & Drivers
The roofing market in north america research report has a detailed analysis on the key drivers, trends, and challenges, which will help vendors in making important business decisions and modifications to cater to the changing consumer demand. While it is essential to capitalize on key drivers such as high demand for bitumen coating, it is also crucial to understand the challenges that will impede sales during the forecast period. Identifying and addressing market growth challenges will create additional opportunities for the existing and new market players.
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The roofing market in north america has also explored key trends such as increasing demand for residential and commercial construction owing to rapid urbanization, which will have a significant positive impact on the market growth over the forecast period. A thorough study of the market trends will enable vendors to understand demographics effectively, which can be used to further product and service innovation.
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Roofing Market In North America: Segmentation Analysis
This market research report segments the roofing market in north america by Application (residential and non-residential) and Geography (US, Canada, and Mexico).
The US region led the roofing market in north america in 2022, followed by Canada and Mexico respectively. During the forecast period, the US region is expected to register the highest incremental growth due to factors such as .
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A few of the key topics covered in the report include:
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
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