“According to Occupational Safety and Health Administration, it prepares guidelines and standards for roofing workers, the guidelines cover safe practices to prevent falls, other physical injuries, hazardous substance exposures, and injuries and illnesses related to environmental conditions.”
The article cited AMA's "Global Roofing Systems Market Study" explored substantial growth in North America and CAGR of 3.13%. According to the report, Increase in Megacities Projects
is one of the primary growth factors for the market. Change in Lifestyle and Disposable Income
is also expected to contribute significantly to the Roofing Systems market growth. Overall, Residence
applications of Roofing Systems, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The End Users, such as Residential, is boosting the Roofing Systems market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Materials, such as Asphalt, is boosting the Roofing Systems market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Construction Type, such as New constructions, is boosting the Roofing Systems market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Roofing Systems market identified that the demand is rising in many different parts of the world as "Rise in Population and Urbanization
". Furthermore, some recent industry insights like "In June 2019, Sika launched a bituminous roofing system in the UK market. These innovative products are beneficial for the high-performance waterproof solution and advanced roofing technology. It is also beneficial for a new business portfolio and raises market penetration." is constantly making the industry dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Roofing Systems market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2022 currency rates.
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Roofing Systems market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Roofing Systems market size is calculated using market estimation process, the Roofing Systems market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Roofing Systems market size has been validated using both top-down and bottom-up approaches.