Roofing Materials Market Size Worth $171.25 Billion By 2030
Roofing Materials Industry Overview The global roofing materials market size is estimated at USD 120.34 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 4.0% from 2022 to 2030. Increasing expenditures in the renovation and redevelopment of commercial and residential building are expected to propel market growth. The global construction sector is undergoing limited growth as a consequence of the economic recession caused by the COVID-19 crisis, which has resulted in low investor confidence and a decline in construction activities, as a result, the market has also experienced a catastrophic setback. Gather more insights about the market drivers, restrains and growth of the Global Roofing Materials Market The spread of the COVID-19 in the U.S. affected the growth of the engineering and construction industries. The increasing costs of construction materials and equipment, along with supply chain disruptions, are the major factors limiting the growth...