As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
The increasing investments in the renovation in the industrial and residential sector are driving the market growth. The surging population has significantly increased the demand for the construction industry in both the residential and industrial sectors. The increasing awareness of the use of eco-friendly and energy-efficient roofing materials in both the residential and industrial sectors is aiding the market growth. The use of eco-friendly products has soared the demand for clay and concrete roofs, which is further expected to accelerate the market growth. Various government schemes and programs supporting the infrastructure industry, especially in the residential sector, are also aiding the market growth. Moreover, the growing shift in the use of the green roof due to rising carbon emissions is expected to augment the market growth for roofing materials in Indonesia. Further, rising per capita income and the development of new materials by the use of technological advancements are expected to boost the market growth in the forecast period.
The increasing research & development (R&D) activities by the key players are aiding the development of the market. Pt. Impack Pratama Intustri Tbk (IDX: IMPC), one of the leading players, had launched EZ-Lock, a minimalist roof offering practical fit, in January 2020. It is one of the most advanced innovations with twin-wall structure that provides leak-proof properties and aesthetic looks. Moreover, the product has high flexibility, durability, and is easy to install. Also, it is equipped with extruded UV layer, which blocks 98% of the harmful ultraviolet rays. It has a light structure and is 250 times stronger than glass. Innovations such as these are facilitating the market growth.
Market Analysis by Product and Application:
Key Findings of the Report:
Key Offerings of the Report:
The major players in the Indonesia market for roofing materials are Pt Yane Manufaktur Indonesia, Pt. Impack Pratama Intustri Tbk, and Pt. Robertson Fastbuild Indonesia, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.
EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.
Expert Market Research
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.