Asphalt Shingles Market Expected to Grow at CAGR of 2.7 Through 2022
A latest report by Future Market Insights (FMI) has projected the global market to register a low-single digit CAGR throughout the forecast period 2017 to 2022. However, the market is anticipated to experience a sustained expansion on the back of increasing re-roofing and new construction activities resulting from extreme weather conditions. Global sales of asphalt shingles are expected to reach nearly US$ 10,000 Mn in revenues by 2022-end.Extreme Weather Conditions Owing to Global Warming to Fuel Adoption of Asphalt Shingles
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