METAL ROOFING MARKET ANALYSIS
Market Dynamics
Metal roofing market is expected to exhibit significant growth over the forecast period, owing to growing construction industry coupled with rising urbanization and industrialization. According to the United Nations, Department of Economic and Social Affairs’ publications, in 2018, 55.0% of the global population resides in urban areas, whereas this percentage is expected to increase to 68.0% by the end of 2050.
Furthermore, various advantages such as durability, fireproof, and resistivity against strong wind is expected to increase demand for metal roofing over the forecast period.
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