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Showing posts with the label Asphalt Shingles Market Share

Asphalt Shingles Market, Key Players, Price, Top Manufacturers And Forecast To 2032

  When it comes to residential roofing,   asphalt shingles market  have long been the material of choice for homeowners and contractors alike. Renowned for their durability, affordability, and versatility, asphalt shingles have emerged as the dominant player in the roofing market. This article explores the key factors contributing to the widespread popularity of asphalt shingles and highlights their significant impact on the construction industry. According to the latest research report, Over the projected period, the  asphalt shingles market size is predicted to grow at a CAGR of about 3.60%, reaching a market value of USD 6400 million forecast period. Durability and Longevity: One of the primary reasons behind the enduring popularity of asphalt shingles is their exceptional durability. Manufactured with a combination of asphalt and fiberglass or organic materials, these shingles are designed to withstand various weather conditions, including heavy ra...

Asphalt Shingles Market Share, Overview, Business Growth, Development Status and Industry Expansion

  Market Synopsis Market Research Future (MRFR), studied thoroughly the impact of COVID-19 on the global asphalt shingles market 2020. As per MRFR study, the global  asphalt shingles market Share  is likely to rise at a 3.60% CAGR across the assessment period. MRFR study reveals that the worldwide global asphalt shingles market value can touch USD 8 Bn in the review period. The expansion of the market can be heavily impacted by the pandemic. The moderate rise of the construction field and increasing in number of residential buildings can underpin the expansion of the asphalt shingles market in the years to come. The rise in remodelling or renovation projects due to rapid urbanization can support the expansion of the asphalt shingles market across the assessment period. Emerging trends in the construction sector and knowledge about different products and materials, can favor the expansion of the world market in the years to come. The large scale utility of asphalt shingles...