Global Composite Slate Roofing Market Trends, Applications, Analysis, Growth, and Forecast: 2019 to 2028
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9488
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May 2023
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This report was compiled by Kalyani Khudsange Kalyani Khudsange is a Research Analyst at Prudour Pvt. Ltd. with 2.5 years of experience in market research and a strong technical background in Chemical Engineering and manufacturing. Correspondence Sr. Research Analyst Linkedin | Detailed Market research Methodology Our methodology involves a mix of primary research, including interviews with leading mental health experts, and secondary research from reputable medical journals and databases. View Detailed Methodology Page
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“Global Composite Slate Roofing Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by MarketResearch.biz. The global composite slate roofing market report has been segmented on the basis of type, application, and region.
Global Composite Slate Roofing Market: Overview
Composite slate roofing also called as synthetic slate roofing, an attractive, durable and affordable roofing option to the conventional roofing. Composite slate is manufactured by high-grade recycled plastic, rubber, synthetic & polymer based composite, and other materials. It is available in a wide range of styles, and color with advancements as compare to natural slate roofs. Composite slate products are lightweight which allow it to installed on structures owing to unique properties which helps it to withstand with high wind, fire, and other climatic conditions.
Global Composite Slate Roofing Market: Dynamics
The composite slate roofing market is expected to register a significant growth rate over the forecast period owing to factors such as growing demand for composite slate roofing from construction industry, and low maintenance cost. Development of energy efficient roofs and increasing adoption of eco-friendly materials for roofing of commercial and residential infrastructures, is also expected to propel growth of the global composite slate roofing market during the forecast period.
Increasing focus on R&D activities associated with cost reduction in the installation and innovation in products in order to improve the aesthetics of buildings is anticipated to bolster demand for the composite slate roofing. Recent trend shows that, several companies focusing on producing synthetic roof tiles with the combining recycled plastic and sand to manufacture lightweight and durable roofing products, which can create a lucrative opportunity for growth of the global market.
However, availability of other alternatives roofing products may hamper demand for composite roofing products and restrain growth of the target market during the forecast period.
Global Composite Slate Roofing Market: Segment Analysis
On the basis of type, the target market is segmented into shingles, tiles, and shake. The shingles segment is expected to register significant growth rate in the target market over the forecast period.
By Application, the residential sector segment contributes leading market share and is anticipated to dominate the global market throughout the forecast period.
Composite Slate Roofing Market: Region Analysis
The North America composite slate roofing market is accounts for significant share in terms of revenue, and is projected to maintain its dominance during the forecast period owing to increasing residential construction activities in countries in the region.
Asia Pacific composite slate roofing market is estimated to grow at highest CAGR over the forecast period, owing to increasing adoption in commercial and residential construction sector in countries in the region. Rising awareness regarding advantages of roofing materials, rising infrastructure development activities and renovation projects in the region are other major factors, anticipated to fuel growth of the composite slate roofing market.
The market in Middle East & Africa accounts for moderate share in terms of revenue in the global market and is expected to witness considerable growth over the next 10 years. Countries such as Saudi Arabia and UAE focusing on sustainable practices and promote ecofriendly construction of buildings.
Global Composite Slate Roofing Market Segmentation:
Segmentation by Type:
- Shingles
- Tiles
- Shake
Segmentation by Application:
- Residential
- Non-Residential
Segmentation by Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn -
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- DaVinci Roofscapes, LLC
- Ply Gem Roofing
- CertainTeed Corporation
- Enviroshake Quality Engineered Roofing
- EcoStar LLC.
- Moderne Slate Roofing Systems
- Baker Roofing Company
- Colorado Roofing Contractors, LLC
- Inspire Roofing Products
- Brava Roof Tile
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