Global Commercial Roofing Materials Market is estimated to reach $10 Global Commercial Roofing Materials Market is esti
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Global Commercial Roofing Materials Market is estimated to reach
$10 billion by 2024
Global Commercial Roofing Materials Market is estimated to reach $10 billion by 2024; growing at a CAGR
of 3.6% from 2016 to 2024. Commercial roofing includes abundance of roofing solutions applied on a
building’s outdoor structure. These roofing materials can be prepared from various materials such as
wood, asbestos, rubber, stone slabs, and others. Various application areas such as offices, hotels, malls,
and medical centers pose a huge demand for commercial roofing materials.
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materials/commercial-roofing-materials-market
Rise in disposable income, growing urbanization, and increasing commercialization are the major factors
driving the global commercial roofing materials market. However, rising price of volatile crude oil and
other energy sources used in manufacturing process are expected to restrain the market growth. Rising
demand of roofing products in construction of green buildings would provide several growth
opportunities for the market in coming years.
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