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We expect the India roofing market to exhibit a CAGR of 6% during 2021-2026.
The rising consumer inclination towards reliable and weather-resistant product variants, along with the growing installation of polycarbonate roofing sheets across industrial and large-scale commercial buildings, are some of the key factors driving the India roofing market.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across the nation resulting in a temporary halt in numerous construction activities, thereby hampering the demand for roofing materials across India.
Based on the material type, the India roofing market can be segmented into bituminous, tiles, metal, plastic, and others. Among these, bituminous currently holds the majority of the total market share.
Based on the type, the India roofing market has been segregated into flat roof and slope roof. Currently, flat roof represents the largest segment.
Based on the application, the India roofing market can be categorized into residential, commercial, and industrial. Among these, the residential sector currently exhibits a clear dominance in the market.
On a regional level, the market has been classified into North India, West and Central India, South India, and East India, where North India currently dominates the Indian market.
Some of the major players in the India roofing market include Bansal Roofing Products Limited, CK Birla Group, Everest Industries Limited, Hindalco Industries Ltd., JWS Steel Coated Products Limited, and Tata Bluescope Steel.
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