Global Roofing Materials Market Rising Rapidly For Near Future

17 June 2021
Export Data

Global roofing materials market has been impacted tremendously by the hit of the pandemic of Coronavirus from last year. The industry of roofing materials reached a value of about $121.5 Billion in 2020. The forecasted period of the market has been estimated to be 2021-2026, in which the further expected growth of the roofing industry is expected to reach nearly $162.7 Billion by 2026. Roofing materials import export data shows the rising demand of materials.

 

They key players in the market for commercial roofing materials are: GAF, CertainTeed Corporation, TAMKO Building Products Inc., Firestone Building Products Company, Owens Corning Corporation, Johns Manville Corporation, Duro Last Inc., Atlas Roofing Corporation, Carlisle Companies Incorporated, IKO Industries Ltd. Get more information on the industry insights and trends by accessing the import and export trade data provided by Export Genius.

 

Highest Demanding Roofing Materials

 

Application for roofing materials, as the name suggests, is providing protection against the natural elements. Roofing material stands for the outermost layer of a building’s roof, generally supported by the ‘roofing’ structure at its base. Depending on the application of different roofing materials and their availability, along with the nature of the supporting structure, the layer of external roofing material shows great variation.

 

One of the most demanded roofing materials are concrete and clay tiles, or simply said, roofing tiles. Concrete export data of 2020 shows the top exporting countries in share value percentile — China with the highest share value in exports by 33.4%, followed by Germany with a share value in exports by 9.1%, Spain with a share value in exports by 6.2%, Malaysia with a share value in exports by 4.5%, Vietnam with a share value in exports by 3.9%, and more, as shown in the list. Get access to more of such roofing materials concrete export data for China.

 

 


Country

Value USD %

China

33.4

Germany

9.1

Spain

6.2

Malaysia

4.5

Vietnam

3.9

Poland

3.4

Belgium

3.2

Italy

3.1

Netherlands

2.9

Canada

2.7

 

 

While, on the other hand, the trade data of roofing tiles shows the highest total exports value for the product in the region is Germany. Germany exported roofing tiles the highest in 2020 worldwide. With the highest exports value for roofing tiles of $183.6 Million in Germany, the other top exporting countries followed by Germany are — France with an export value of $87 Million, China with an export value of $51.2 Million, Spain with a value of $43.2 Million, Hungary with a value of $42.3 Million, and more, as per the list of top roof tiles exporting countries below. Obtain Germany statistical data for roof tiles export and more other commodities by live search.

 

 

Country

Value USD Million

Germany

183.6

France

87.0

China

51.2

Spain

43.2

Hungary

42.3

Serbia

31.8

Poland

28.3

Netherlands

27.9

Italy

24.3

Croatia

18.4

 

 

Future of Roofing Materials Market Globally

 

As shown in the global trade data above, the major raw materials for roofing materials are imported from China the most, including other Asian countries. COVID-19 pandemic broke the transportation links and distribution mechanisms between suppliers, manufacturers, and customers.

 

However, the growing trend of the reflective coatings for dark-colored roofing materials is going on in most of the developed nations. The reason being is that reflective coating gives better heat reflection and reduces overall energy requirements. Due to this, industry expansion is expected.

 

Roofing materials market is essentially driven by the construction industry which is growing right now with a growing demand. With the technological improvements for deployment, aesthetics, and protection against weather in roofing materials, is the biggest factor of why it is expected to see a surge for the demand of roofing materials in the upcoming years. Grow your business of roofing materials and similar commodities by our latest import-export data and reports, and be in touch with the latest developments and trends in the roofing industry from Export Genius today.

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