Roofing sheets industry is evolving rapidly with customers looking to weigh different options compared to conventional roofing. The reason behind this new found zest is to try out aesthetically pleasing and environmentally friendly roofs. A major push behind this has been of the increasing disposable income of the populace in urban as well as semi-urban areas. Even in the rural areas, people are now looking beyond the conventional
roofing solutions. The demand is also increasing as a result of a move towards
distributed warehousing in the industry. Especially, in the times of pandemic, businesses are trying to have their products at the closest reach to their customer in order to deliver it as soon as possible.
As a result of both industrial and housing demand, roofing solutions market is poised for a considerable growth in the times to come. The global market of roofing materials is going to become worth more than $150 billion by 2027, growing at a CAGR of three percent. Based on the varying requirements pertaining to aesthetics or structural requirements or cost concerns, several types of roofing sheets are now being made available in the market by different companies.
The intent from their end is to meet the customer requirements as well as achieve energy friendliness. The roofs can play a huge role in adding or reducing the total temperature of a particular region based on how effective they are in reflecting or absorbing heat.
Environmental Cause
An increasingly stronger endeavour can be seen in the market towards being sensitive to environmental issues. Preserving environment is now inherent in the ideas throughout the lifecycle of a product, right from manufacturing to recycling. Roofing products have to factor in the inside and outside. Cities and sub-urban areas have been found to have higher temperatures by an amount of at least 10 degrees compared to the surrounding areas. The higher temperature in these areas creates ‘heat islands’ which pose threat to the environment and human health in general. Hence, alternative roofing materials are gaining popularity. Roofing shingles format of asphalt roofing is one of the effective options in such case. “With cool roof technology, one can reduce roof temperatures up to 20 percent in summers, thanks to the advanced roofing granules used,” says Harish V. Holalu, Senior Manager, Building Products & Solutions, Saint Gobain, Grindwell Norton.
Another important trend which we are seeing in the roofing solutions market is of translucent roof panels. With the increasing awareness towards daylighting, industrial complexes are looking to harness the daylight in order to save energy and at the same time have a sophisticated and suave design. Plastic or polycarbonate material is used in such cases to allow natural light to pass through and replace obviate the need for artificial light. Where extra strength and robustness is required in roofing sheets, corrugated roofing sheets have proved to be the best option. When it comes to recyclability and durability, metal roofing sheets have been most beneficial.
Considering the revival of construction industry, roofing sheets market growth has picked up pace and is progressing in parallel with the construction and allied industries.
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