Global Roofing Materials Market: Regional Insights
Based on geography, the global roofing materials market is segmented into North America, Europe, Asia Pacific and Rest of World
North America is expected to dominate the global roofing materials market over the forecast period. The region is characterized by heavy winters and storms, which result in increased demand for roofing materials. Roofing manufacturers in this region are developing eco-friendly roofing technology based on changing environmental norms. In addition, the increased construction and renovation of infrastructure is further projected to augment regional market growth.
Asia Pacific is also expected to register the highest growth owing to the increase in the number of industrial and commercial buildings. The rising population and growing disposable income are boosting market growth in this region. In addition, the government is promoting the development of affordable housing structures in this region to promote economic growth.
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