The new report by EMR titled, ‘ Indonesia RoofingMaterials Market Report and Forecast 2021-2026’, gives an in-depth analysis of the Indonesia Roofing Materials market, assessing the market based on its segments like product type and application . 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 (2015-2026)
·
Historical Market Size (2020): USD [TA1] 27 billion
·
Forecast CAGR (2021-2026): 7.0%
·
Forecast Market Size (2026): USD 40.52 billion
The Indonesia Roofing
Materials market has grown steadily over the historical period, as the market
is being driven by innovations and technical advances to preserve the roof
while also offering aesthetic appeal to it.
Industry Definition
and Major Segments
Roofing materials are materials used in the construction of roofs, such
as wood, stone, clay, glass, metal, and polycarbonate roofing sheets. They are
the building's outermost layer, protecting it from external and natural
disruptions. Depending on the complexity of the building designs, the exterior
layer of the roof may differ.
Explore full report with table of contents: https://www.expertmarketresearch.com/reports/indonesia-roofing-materials-market
Based on product types,
the hair care market can be divided into:
·
Metal Roofs
·
Concrete and Clay Tile Roofs
·
Elastomers and Plastic Roofs
Based on product, the hair care market can be segmented into:
·
Non-Residential
Market Trends
The advancement of the infrastructure industry and the increase in
renovation activities are the primary drivers of market growth. Because of
favourable government policies and investments, the construction industry is
one of the fastest growing industries in Indonesia. Rapid industrialisation and
population relocation to cities are also driving the demand. Furthermore, the
growing population and rising desire to live in nuclear families, as well as
the resulting demand for housing, lubricate consumer growth. Developments in
social infrastructure, such as public housing, schools, and government
hospitals, also benefit the roofing materials industry.
Indonesia has a tropical climate with ample rainfall during the year
in the major cities. Furthermore, the country is prone to natural disasters
such as earthquakes, flooding, tsunamis, and volcanic eruptions. These factors increase
the demand for elevated roofing materials that can withstand repeated natural
disasters. The demand is also being driven by rapid climate change and
unprecedented weather conditions in every season. Furthermore, the relocation
of the country's capital city to East Kalimantan due to overcrowding and
Jakarta's alarming sinking rate is accelerating construction activities in the
province and boosting business growth. Technology advancements such as 3-D
printing and the introduction of cutting-edge technology, such as drones in the
construction sector, will accelerate market growth. The former is less
expensive, more adaptable, and repairable, while the latter boosts efficiency
by supervising the construction site. Furthermore, the advent of reflective coatings
with heat reflective properties that are applicable to dark colour roofing
materials propels industry development, in the forecast period.
Key Market Players
Architectural Services Market: https://www.expertmarketresearch.com/reports/architectural-services-market
India Metal Roofing Market: https://www.expertmarketresearch.com/reports/india-metal-roofing-market
Faucet Market: https://www.expertmarketresearch.com/reports/faucet-market
Steel Market: https://www.expertmarketresearch.com/reports/steel-market
Lignin Market: https://www.expertmarketresearch.com/reports/lignin-market
Structural Steel Market: https://www.expertmarketresearch.com/reports/structural-steel-market
Steel Grating Market: https://www.expertmarketresearch.com/reports/steel-grating-market
Tunnel Boring Machine Market: https://www.expertmarketresearch.com/reports/tunnel-boring-machine-Market
Ready Mix Concrete Market: https://www.expertmarketresearch.com/reports/ready-mix-concrete-market
North America Ceramic Tiles Market: https://www.expertmarketresearch.com/reports/north-america-ceramic-tiles-market
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.
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