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Thursday, August 12, 2021

Latin America Roofing Market to be Driven by Increasing Construction Activities and Rising Demand for Reflective Coating in the Forecast Period of 2021-2026

The new report by Expert Market Research titled, ‘Latin America Roofing Market Size, Share, Price, Trends, Growth, Report and Forecast 2021-2026’, gives an in-depth analysis of the Latin America roofing market, assessing the market based on its segments like type, roof shape, application, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

Note 1: For a snapshot of the primary and secondary data of the market (2016-2026), along with business strategies and detailed market segmentation, please click on request sample report. The sample report shall be delivered to you within 24 hours.

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The key highlights of the report include:

Market Overview (2016-2026)

• Historical Market Size (2020): USD 5.5 Billion
• Forecast CAGR (2021-2026): 4.5%
• Forecast Market Size (2026): USD 7.2 Billion

Latin America is a prospective manufacturing growth market, with a lot of construction activity, especially in Brazil and Argentina. The region’s roofing industry has benefited from increased demand for roofing materials. As local ceiling technologies develop, the roofing sector is likely to increase. Tiles and shingles are the most utilised roofing materials due to their excellent insulation techniques and low cost. Shingles and plates are the most popular residential ceiling materials due to their high strength. They are also incredibly durable and have a long-life cycle. The most common shingles on the market include wood shingles, shakes, slates, asphalt shingles, asbestos, and shingles, as well as monk and nun, imbrex and tegula, Dutch roof, and Mangalore tiles.

Industry Definition and Major Segments

Roofing is the process of constructing a roof, which protects a structure from rain, snow, sunlight, wind, and temperature extremes. Depending on technological, economic, and aesthetic concerns, roofs can be created in a variety of forms, including flat, pitched, vaulted, domed, and combinations.

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Based on type, the industry can be divided into:

• Bitunumous
• Metal
• Tiles
• Green Roof
• Wood Shingles
• Others

The roof shape can be divided as follows:

• Flat
• Slope

Roofing finds wide applications in the following:

• Residential
• Commercial
• Industrial

The regions for Latin America roofing market include:

• Brazil
• Argentina
• Mexico
• Others

Market Trends

The construction and infrastructure industries, as well as rising demand for roofing materials, are driving the roofing industry forward. Reflective coatings that may be applied to dark-colored roofing materials are expected to assist the roofing materials sector. Reflective coatings provide exceptional heat reflection abilities and minimise the total energy consumption of the building structure. The increased reliability, attractiveness, and convenience of installation associated with these goods are likely to drive rising product demand. As more cutting-edge equipment, such as drones, is employed to inspect roofs, the roof construction process is projected to be revolutionised. In addition, the adoption of 3D printing technology to build various structural components of roofing systems is predicted to increase demand for roofing materials and hence the roofing sector.

Key Market Players

The major players in the market are Owens Corning, Etex SA, Atlas Roofing Corporation, Dextra Group, and Others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

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Informes de Expertos (, the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.

Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

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Contact Person: Mathew Williams, Business Consultant
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*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

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