TechNavio recognizes the following companies as the key players in Roofing Market in the US: Building Materials Corp. of America, Owens Corning, and Compagnie de Saint Gobain SA
Commenting on the report, an analyst from TechNavio’s team said: “TPO single-ply roofing membranes are becoming increasingly popular among end-users as they offer resistance to ultraviolet rays, ozone gases, and many other harmful chemical exposures. As demand for heat-reflective and energy-efficient roofing systems increases, the manufacturers are resorting heavily to TPO single-ply membranes. The trend for the wide adoption of TPO membranes in the Roofing market in the US is expected to boost the market in the forecast period.”
According to the report, one of the main drivers in this market is the destruction to property caused by natural calamities. The increasing frequency of hurricanes, tornadoes, and thunderstorms has increased the need to restructure and often reconstruct building roofing with high-quality materials.
Further, the report states that a major challenge the market is facing is the need to manufacture innovative products at affordable costs. The vendors face the challenge of developing innovative products at reasonable costs, which in turn reduces the vendors’ profits.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/roofing-market-in-the-us-2014-2018
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/engineering-and-automation
Follow us on Twitter @ Technavio
TechNavio Announces the Publication of its Research Report – Roofing Market in the US 2014-2018
