Moderate growth in the construction sector has been witnessed as new residential buildings and remodeling/renovation projects increase due to rapid urbanization. This has driven the growth of the asphalt shingle market. The construction sector has always been an important indicator while studying the economic growth of any economy. New trends, including product and material innovation, investment, and more, have a direct impact on the dynamics of the construction industry.
A full report of Asphalt Shingles Market available at https://www.orionmarketreports.com/asphalt-shingles-market/24304/
Key players include Owens Corning (US), Certain Teed Corporation (US), IKO Industries, Ltd. (Canada), TAMKO Building Products, Inc. (US), Tarco, Inc. (US), Siplast, Inc. (US), Henry Company LLC (US), Malarkey Roofing Products (Portland), Polyglass U.S.A., Inc. (US), and Atlas Roofing Corporation (US). The global asphalt shingles market is highly competitive with many players, across the globe. The players adopted various strategies to expand their global presence and increase their market shares. Some of the key strategies adopted by the players include new product developments in terms of advanced material, mergers, and acquisitions, along with strategic partnerships, and collaborations.
Asphalt Shingles Market Segmentations
By Product Type
• Heavy Laminates
• Laminates
• Strip
By Composition
• Fiberglass
• Organic
By End Market
• New Construction
• Re-roofing
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)