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Philippines Roofing Market Growth and Demand 2020 Global Industry Segmentation Analysis by Manufacturing Size, Trending Status of Manufacturers till 2024

Philippines Roofing

The “Philippines Roofing Market” report covers the overview of the market and presents the information on business development, market size, and share scenario. The report also emphasizes on the growth prospects of the global Philippines Roofing market for the period 2020-2024. The report covers market characteristics for each segmentation across the key regions and country and traces the historic and forecast analysis of the industry. The report covers key vendors their revenue, breakdown by regions, and product demand. Other key details include volume, installed capacity, value chain.

Philippines Roofing Market Dynamics: –

  • Drivers: (Developing regions and growing markets)
  • Limitations: (Regional, Key Player facing Issues, Future Barriers for growth)
  • Opportunities: (Regional, Growth Rate, Competitive, Consumption)

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Philippines Roofing Market Segmentation by Top Key Players:

  • Alpha Pro Steel Makers
  • BP Canada
  • Colorsteel Systems Corporation
  • DN Steel
  • FEROOF Co. Ltd
  • Fletcher Building Roof Tile Group
  • Jacinto Color Steel Inc.
  • Marusugi Co. Ltd
  • Metalink
  • Onduline
  • Philsteel Holdings Corporation
  • Puyat Steel Corporation
  • Sanlex Roofmaster Center Co. Inc.
  • Sheehan Inc.
  • Terral
  • Union Galvasteel Corporation
  • Wienerberger AG

    Market Overview:

  • The roofing market in the Philippines is expected to register a CAGR of 7.21%, during the forecast period (2019-2024). Major factor driving the market studied is the huge growth in the construction of government and private residential building. Moreover, the growth in private, non-residential construction is also expected to contribute to the growth of the market studied. The trend of adopting green buildings is likely to accelerate the growth of the roofing market in the country.
  • – The residential sector dominated the roofing market in the Philippines, in 2018, and is expected to grow during the forecast period, owing to the growing construction activities in the country.
  • – Ongoing and upcoming infrastructure projects and growing prominence for solar rooftop installations are likely to act as opportunities in the future.<

    Scope of the Report:

    This report studies the global Philippines Roofing market size, industry status and forecast, competition landscape and growth opportunity.

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    Key Market Trends:

    Metal Roofing to Dominate the Market

    – Metal roofing is the most popular option for residential roofs in the Philippines. The largest metal roofing sheet is the most consolidated type of metal roofing, while the smallest wedge panels have been developed in the recent decades, to simulate the appearance of tiles and slates.
    – Metal roofing’s life expectancy is more than thrice the durability of asphalt shingles, and warranties vary widely. However, the most companies back their products for 20 to 50 years.
    – Metal roofing is also highly customizable. There are varieties of metal roofing designs, along with various lengths, widths, and thicknesses, which can contribute to the uniqueness of the house. Apart from these advantages of metal roof, it is also energy-efficient and affordable.
    – Most of the metal roofing materials can be installed on gently pitched roofs without leaking, where minimum roof pitch typically is 3-in-12 (the roof rises 3 inches for each horizontal foot).
    – Therefore, the metal roofing market in the Philippines is expected to grow at a high rate, during the forecast period.

    Residential Construction to Dominate the Market

    – Residential construction accounted for the largest share in the market studied, in 2018. The three most common types of roofing for traditional residential houses in the Philippines are asphalt, wood (cedar), and metal.
    – In the residential segment, single-type houses contributed a major share, with 84.6% or 25,254, out of all the residential constructions.
    – Single-type and duplex/quadruple-type houses are almostthe only consumers for roofing materials, while apartments with penthouses can be of very least significance in creating the demand for roofing materials.
    – These growth trends are anticipated to boost the roofing market in the Philippines, over the forecast period.

    The report provides key statistics on the market status of the Philippines Roofing Market manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the Philippines Roofing .

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    Key Insights of Philippines Roofing Market:

    • Complete in-depth analysis of the Philippines Roofing
    • Important changes in market dynamics.
    • Segmentation analysis of the market.
    • Emerging segments and regional markets.
    • Historical, on-going, and projected market analysis based on volume and esteem.
    • Assessment of niche industry players.
    • Market share analysis.
    • Key strategies of major players

    Philippines Roofing Market Report Covers Following Points in TOC:

    • Chapter 1: Philippines Roofing Market Definition
    • Chapter 2: Research Methodology of Philippines Roofing Market
    • Chapter 3: Philippines Roofing Market Executive Summary
    • Chapter 4: Philippines Roofing Market Overview Includes Current Market Scenario, Porter’s Five Forces Analysis, Bargaining Power of Suppliers and Consumers, Threat of New Entrants and Substitute Product and Services
    • Chapter 5: Market Dynamics Covers Drivers, Restraints, Opportunities and Challenges
    • Chapter 6: Philippines Roofing Market Segmentation by Types, End-User, and Applications Forecast to 2024
    • Chapter 7: Philippines Roofing Market Segmentation by Geographical Regions
    • Chapter 8: Competitive Landscape of Philippines Roofing Market Includes Mergers & Acquisition Analysis, Agreements, Collaborations, and Partnerships, New Products Launches
    • Chapter 9: Key Players for Philippines Roofing Market

    For Detailed TOC Click Here

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