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April 18, 2008
Global Roofing Market to Reach $59.81 Billion, While Global Insulation Market to Reach $31.49 Billion by 2010, According to New Report by Global Industry Analysts, Inc.
Marred by the slowdown in the US construction industry, world roofing market is forecasted to grow at a rundown CAGR of 3.97% over the years 2007 through 2010, while insulation market is forecast to post a CAGR of 4.66% for the same period.
San Jose, CA (PRWEB) April 16, 2008 -- As the world roofing and insulation market recovers poise, new materials and energy savings are expected to emerge into top priorities among retailers, and building owners alike. Distributors are increasingly teaming up with sophisticated landmark architects, building owners, and specifiers to bolster sales of huge roofing and insulation systems. Information dissemination is an added key trend prevailing in the markets. Manufacturers are channeling substantial efforts to detail the designs and to further simplify the installation process along with formalized training and supervision modules. Independent quality certification is another growing trend attempting to stipulate and ensure adherence to efficiency standards. Europe is the largest region for insulation in the world, and is projected cross $16.9 billion by 2015, as stated by Global Industry Analysts, Inc. In terms of growth rate, Asia-Pacific is projected to be the fastest growing region with a CAGR of about 7.32% over the period 2011 through 2015. World
Metal roofing market is projected to reach $13.0 billion by the year 2012, encouraged largely by the efforts taken by manufacturers, and retailers to dispel myths surrounding issues such as noise made by metal roofs, walkability on metal rooftop, susceptibility to rust, and lack of aesthetic appeal. Foamed Plastics Insulation Market in Latin America is projected to grow at a CAGR of 6.11% over the years 2011 through 2015.
Key players operating in the market include - American Hydrotech Inc., Atlas Roofing Corporation, BASF Aktiengesellschaft, GAF Materials Corporation, Icopal Limited, Johns Manville, Knauf Insulation Inc., Lafarge Roofing GmbH, Owens Corning, Royal Group Inc, Saint-Gobain, CertainTeed Insulation Group, Sika Sarnafil Inc., SIG Plc, The Garland Company Inc., The Rockwool Group, and Top Global Limited, among others.
The report titled "Roofing & Insulation: A Global Strategic Business Report" published by Global Industry Analysts, Inc., provides a comprehensive review of market trends, competition, research & development, product overview, product introductions/innovations, and recent industry activity. The study also analyzes market data and analytics in value sales for regions such as United States, Canada, Japan, Europe, Asia-Pacific, Middle East, and Latin America. Product segments analyzed for the roofing market include Asphalt Shingles, Metal, Elastomeric, Built-Up, Roofing Tile, Modified Bitumen, and Plastic, while product segments analyzed for the insulation market include Foamed Plastics, Fiberglass, Mineral Wool, and Others.
For more details about this research report, please visit
http://www.strategyr.com/Roofing_And_Insulation_Market_Report.asp
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs over 700 people worldwide and publishes more than 880 full-scale research reports each year. Additionally, the company also offers a range of over 60,000 smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.
Global Industry Analysts, Inc.
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Posted by Industrial-Manufacturing at April 18, 2008 02:11 AM