Dallas, TX -- (ReleaseWire) -- 01/23/2014 -- TPO single-ply roofing membranes are becoming increasingly popular among end-users as they offer resistance to ultraviolet rays, ozone gases, and many other harmful chemical exposures. As demand for heat-reflective and energy-efficient roofing systems increases, the manufacturers are resorting heavily to TPO single-ply membranes. The trend for the wide adoption of TPO membranes in the Roofing market in the US is expected to boost the market in the forecast period.
Analysts forecast the Roofing market in the US (http://www.reportsnreports.com/reports/273344-roofing-market-in-the-us-2014-2018-.html) to grow at a CAGR of 6.63 percent over the period 2013-2018.According to the report, one of the main drivers in this market is the destruction to property caused by natural calamities. The increasing frequency of hurricanes, tornadoes, and thunderstorms has increased the need to restructure and often reconstruct building roofing with high-quality materials.
Further, the report states that a major challenge the market is facing is the need to manufacture innovative products at affordable costs. The vendors face the challenge of developing innovative products at reasonable costs, which in turn reduces the vendors' profits.
The Roofing Market in the US 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report focuses on the US; it also covers the Roofing market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors dominating this space are Building Materials Corp of America, Owens Corning, and Compagnie de Saint Gobain S.A.
Other vendors mentioned in the report are Berkshire Hathaway Inc., Bridgestone Corporation, Carlisle Companies Inc., Firestone Building Products Company LLC, and Johns Manville Corporation.
Key questions answered in this report:
- What will the market size be in 2018 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?