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The roofing market size is estimated to increase by USD 30.8 billion and grow at a CAGR of 4.35% between 2023 and 2028. The market is experiencing significant growth, driven by several key factors. First, the increasing number of construction projects worldwide provides ample opportunities for market expansion. Additionally, rising disposable income in developing nations is leading to increased demand for durable and affordable solutions such as roofing tiles. However, this market growth is not without challenges. Health risks associated with the use of certain roofing chemicals necessitate strict safety regulations. Moreover, the environmental impact of these materials, particularly those derived from non-renewable resources, is a growing concern. Lastly, fluctuations in raw material costs can significantly impact the production and pricing of these materials. Despite these challenges, the industry continues to innovate, with a focus on sustainable and cost-effective solutions.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Component
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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