Asphalt Shingles Market Projected to Hit $9.5 Billion by 2025
A new report is predicting that the asphalt shingles market will surpass the $9.5 billion mark by 2025, with residential applications witnessing gains at over 3 percent by 2025.
According to Global Market Insights, a number of factors will contribute to the growth of the market. Rapid urbanization, combined with builders continuing to develop advanced roofing systems, are expected to drive the asphalt shingles market’s expansion on a global scale.