Commercial roofing refers to a broad variety of roofing solutions and services used in the external part of a building or structure. These roofing solutions are designed from various substances, like rubber, asphalt, asbestos, wood and stone slabs. Various roofing products, like rubber shingles, asphalt shingles and wood shingles are made and used in different business applications, like offices, hotels, medical centers and malls.
The commercial roofing market has remained a significant part of the construction industry. It was affected negatively by the worldwide fiscal recession. However, the market, at present, is confronting the obstacle of production systems and products to meet stern building regulations and energy preservation directives. This comes at a time when the commercial roofing market runs ahead to meet the performance prospects of property landlords.
Hence, systems and products are being brought to the fore for high performance, reflectivity and augmented insulation to offer prospects for energy effectivity profits. The expansion of the construction industry has been one among the important factors, driving demand for the commercial roofing market. Growing commercialization and increased disposable earnings of clients have also added income to the market.
Growing usage of roofing products in green construction projects is estimated to offer development opportunities to the commercial roofing market. Wavering costs of some sources of energy used in production have augmented the danger of restriction and accessibility. This factor restricts the production and limits market growth. North America was the primary client of the commercial roofing market. Europe followed the former and was the second biggest client base of the market.