Roofing Material Market Will Grow at 6% CAGR by 2019 Says a New Research Report at RnRMarketResearch.com
Dallas, TX (PRWEB) June 26, 2015 -- The new report, Global Roofing Material Market 2015-2019 says, “one of the key trends emerging in the global roofing material market. A green roofed building is covered with vegetation and saves on the energy used for cooling and heating purposes inside the building.”
The Global Roofing Material Market 2015-2019 report is available at http://www.rnrmarketresearch.com/global-roofing-material-market-2015-2019-market-report.html. The report is about 72 pages and provides 22 Exhibits to support the market research.
The analysts forecast global roofing materials market to grow at a CAGR of 6.43% over the period 2015-2019.
According to the Global Roofing Material Market 2015-2019 report, the most important driver is the rapid growth of the construction industry. Creating more job opportunities, migrating populations and an increase in incomes and standards of living encourage people, governments, and MNCs to invest in infrastructure and commercial and residential buildings, which in turn creates demand in construction activity, generating demand for roofing materials.
Report Provides Market Segmentation:
- Product type (shingle roofing, metal roofing, tile roofing, and others)
- Application (residential construction, non-residential construction, and commercial)
- Geography (APAC, North America, Western Europe, and ROW)
Purchase a Copy of Global Roofing Material Market 2015-2019 Report at http://www.rnrmarketresearch.com/contacts/purchase?rname=393586.
The following companies are the key players in the Global Roofing Material Market: Braas Monier Building Group, Etex, GAF Materials Corp. and Owens Corning.
Other Prominent Vendors in the market are: Atlas Roofing, American Hydrotech, Beacon Roofing Supply, CertainTeed, Eagle Roofing Products, IKO Industries and Johns Manville.
Market Driver: Rapid Growth in Construction Industry
Market Trend: Concept of Green Roofing
Further, the Global Roofing Material Market 2015-2019 report states that one of the key challenges in this market is the scarcity of skilled workers for installation. The difficult work environment, lack of job security, and the migratory nature of laborers are factors that hinder the completion of construction projects.
Other Related Report:
Global AEC Market 2015-2019 (http://www.rnrmarketresearch.com/global-aec-market-2015-2019-market-report.html): The analysts forecast the global AEC market to grow at a CAGR of 10.63% over the period 2014-2019.
The open BIM is based on the building SMART Data Model. It provides a transparent platform for the project participants to communicate effectively regardless of their software tools; it provides a common language, making it easy to access the necessary data for a project life cycle such as design details, plant layout details, and building-related documents or data. The market finds the availability of the open BIM program, a marketing initiative undertaken by Nemetschek, Trimble, and other vendors, a major advantage. With the growing focus toward open BIM, end-users are increasingly using open BIM for building design. For instance, Voortman Steel Machinery, a Netherlands-based company, constructed a new experience center in Rijssen in 2014. The company adopted the 2 Steps Ahead BV solution of Nemetschek, which is made up of open BIM software DDS-CAD, to design the electrical and mechanical installations of the experience center.
According to the report, the adoption of AEC reduces the design time of projects as it eliminates paperwork. For instance, Bentley Systems LEAP Bridge Enterprise solution was used to design pre-stressed concrete box girder bridges in India. The solution was used to analyze and design the South Kasheli Bridge in Maharashtra, India. The adoption of the AEC solution enabled engineers to save 80% on time than if they had used other tools for analysis and design. The engineers could complete the design of a box girder in 16 hours, as compared to consultants, who took 128 hours with their conventional methods of spread sheets and in-house design tools.
The following companies are the key players in the Global AEC market: Autodesk Inc., AVEVA Group plc, Bentley Systems Inc., Intergraph Corp., Nemetschek AG and Trimble Navigation Ltd.
Other Prominent Vendors in the market are: 4M, Cadsoft, CYPE Ingenieros, Dassault Systèmes, DesignBuilder Software, Innovaya, Integrated Environmental Solutions, Newforma and Virtual Build Technologies.
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Ritesh Tiwari, RnR Market Research, http://www.rnrmarketresearch.com/, +1 (888) 391-5441, [email protected]
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