The Roofing Materials Market is expected to register a CAGR of 4% from 2025 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.
Roofing Materials Market covers analysis by Product (Asphalt Shingles, Concrete and Clay Tiles, Metal Roofs, Plastics, Others); Application (Residential, Non-residential), and Geography (North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America). Roofing material is the outer layer on the roof of a residential and non-residencial building. This material is sometimes self-supporting but generally supported by an underlying structure. Roofing material provides shelter from the natural elements. The outer layer of a roof shows great variation dependent upon availability of material, and the nature of the supporting structure.
Purpose of the ReportThe report Roofing Materials Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Roofing Materials Market Segmentation
Product- Asphalt Shingles
- Concrete and Clay Tiles
- Metal Roofs
- Plastics
- Residential
- Non-residential
Strategic Insights
Roofing Materials Market Growth Drivers- Increased Disposable Incomes Driving Demand for Premium Roofing Materials: Increased incomes in the disposable category, especially in emerging economies, allow consumers to invest in a quality roof. That again leans towards premium products like metal, clay, and slate roofs, which are good for the durability, energy efficiency, and look of both residential and commercial buildings.
- Demand for Durable, Energy-Efficient Roofing in the Commercial Sector: Another heavy demand on durable, energy-efficient roofing materials in the commercial real estate sector relates to expansions on office buildings, malls, and industrial facilities. Often, commercial properties use various materials such as EPDM, TPO, and metal roofing that have relatively good performance and cost-saving benefits for long-term use.
- Trends in Roofing Materials Driven by Architectural Design Preferences: Trends in roofing materials are influenced by changes in design trends, especially in residential and commercial architecture. More and more people-both homeowners and builders-are choosing materials that fit the current trend of metal roofs, wood shakes, and clay tiles among others.
- Rising Environmental Awareness Boosts Demand for Eco-Friendly Roofing Solutions: Increasing environmental awareness with the prominence of energy-efficient houses and buildings also supports green rooftops, cool roofing, and solar panels, which are acquiring momentum in this industry, thereby reducing energy consumption along with carbon footprints that are gradually pushing towards eco-friendly materials in the market.
- Home Improvement and Renovation Boost Roofing Material Demand: The booming trend in regard to home improvement and renovation, particularly in areas of antiquated aged infrastructure, has come in the form of demands for better roofing material. Present-day homeowners seek options that can last longer and have the ability to withstand weather elements in a better manner, like asphalt shingles, metal roofs, and clay tiles, all for developing improvements in the appearance and efficiency of houses.
- Government Regulations and Incentives Promote Sustainable Roofing Choices: Increased pressure from governments in the form of more rules on energy efficiency, sustainability, and lessening of the environment impacts of roofing materials influence roofing decisions. Incentive schemes like tax rebates applied on solar roof or energy efficiency materials create further demand in the market for sustainable roofing solutions.
- Urban Expansion Drives Demand for High-Performance Roofing Materials: When cities expand, the need for new residential, commercial, and industrial buildings increases. This growth increases the demand for durable, aesthetically pleasing, and performing roofing materials, hence influencing a natural increase in the traditional market and innovations related to roofing solutions across the globe.
- Extreme Weather Conditions Increase Need for Weather-Resistant Roofing: Increased occurrences of extreme weather patterns, which include storms, heavy rains, and variations in temperature, raise the need for their usage as weather-resistant materials. Increased protection associated with products such as metal, synthetic shingles, and cool roofing products attributes to growth in the roofing materials market.
- Rising Natural Disasters Drive Investment in Impact-Resistant Roofing: As natural disasters are on the rise, consumers and industries are now investing in roofing materials that will do better in being protected from damage. Increased usage of impact-resistant shingles, metal roofs, and concrete tiles has been observed more now because these materials tend to bear some of the extreme conditions, such as hailstorms, hurricanes, and significant winds.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Roofing Materials Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Roofing Materials Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
REGIONAL FRAMEWORK
Have a question?
Shejal
Shejal will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
Growing demand for energy efficient roofing materials is an emerging trend in the market
The Asia Pacific market is expected to account for the highest CAGR during the forecast period due to the growing construction projects in the region.
The residential application segment accounted for the largest market share in 2023
Increasing disposable income is a key driver in the market
Atlas Roofing Corporation, BMI Group, Boral Roofing, Carlisle Construction Materials, CertainTeed, Etex, Euroshield Roofing & G.E.M. Inc, GAF, Johns Manville, and Owens Corning are some of the key players in the market.
The Roofing Materials Market is estimated to witness a CAGR of 4% from 2023 to 2031
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Roofing Materials Market - By Product
1.3.2 Roofing Materials Market - By Application
1.3.3 Roofing Materials Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. ROOFING MATERIALS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. ROOFING MATERIALS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. ROOFING MATERIALS MARKET - GLOBAL MARKET ANALYSIS
6.1. ROOFING MATERIALS - GLOBAL MARKET OVERVIEW
6.2. ROOFING MATERIALS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. ROOFING MATERIALS MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT
7.1. OVERVIEW
7.2. PRODUCT MARKET FORECASTS AND ANALYSIS
7.3. ASPHALT SHINGLES
7.3.1. Overview
7.3.2. Asphalt Shingles Market Forecast and Analysis
7.4. CONCRETE AND CLAY TILES
7.4.1. Overview
7.4.2. Concrete and Clay Tiles Market Forecast and Analysis
7.5. METAL ROOFS
7.5.1. Overview
7.5.2. Metal Roofs Market Forecast and Analysis
7.6. PLASTICS
7.6.1. Overview
7.6.2. Plastics Market Forecast and Analysis
7.7. OTHERS
7.7.1. Overview
7.7.2. Others Market Forecast and Analysis
8. ROOFING MATERIALS MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. RESIDENTIAL
8.3.1. Overview
8.3.2. Residential Market Forecast and Analysis
8.4. NON-RESIDENTIAL
8.4.1. Overview
8.4.2. Non-residential Market Forecast and Analysis
9. ROOFING MATERIALS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Roofing Materials Market Overview
9.1.2 North America Roofing Materials Market Forecasts and Analysis
9.1.3 North America Roofing Materials Market Forecasts and Analysis - By Product
9.1.4 North America Roofing Materials Market Forecasts and Analysis - By Application
9.1.5 North America Roofing Materials Market Forecasts and Analysis - By Countries
9.1.5.1 United States Roofing Materials Market
9.1.5.1.1 United States Roofing Materials Market by Product
9.1.5.1.2 United States Roofing Materials Market by Application
9.1.5.2 Canada Roofing Materials Market
9.1.5.2.1 Canada Roofing Materials Market by Product
9.1.5.2.2 Canada Roofing Materials Market by Application
9.1.5.3 Mexico Roofing Materials Market
9.1.5.3.1 Mexico Roofing Materials Market by Product
9.1.5.3.2 Mexico Roofing Materials Market by Application
9.2. EUROPE
9.2.1 Europe Roofing Materials Market Overview
9.2.2 Europe Roofing Materials Market Forecasts and Analysis
9.2.3 Europe Roofing Materials Market Forecasts and Analysis - By Product
9.2.4 Europe Roofing Materials Market Forecasts and Analysis - By Application
9.2.5 Europe Roofing Materials Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Roofing Materials Market
9.2.5.1.1 Germany Roofing Materials Market by Product
9.2.5.1.2 Germany Roofing Materials Market by Application
9.2.5.2 France Roofing Materials Market
9.2.5.2.1 France Roofing Materials Market by Product
9.2.5.2.2 France Roofing Materials Market by Application
9.2.5.3 Italy Roofing Materials Market
9.2.5.3.1 Italy Roofing Materials Market by Product
9.2.5.3.2 Italy Roofing Materials Market by Application
9.2.5.4 United Kingdom Roofing Materials Market
9.2.5.4.1 United Kingdom Roofing Materials Market by Product
9.2.5.4.2 United Kingdom Roofing Materials Market by Application
9.2.5.5 Russia Roofing Materials Market
9.2.5.5.1 Russia Roofing Materials Market by Product
9.2.5.5.2 Russia Roofing Materials Market by Application
9.2.5.6 Rest of Europe Roofing Materials Market
9.2.5.6.1 Rest of Europe Roofing Materials Market by Product
9.2.5.6.2 Rest of Europe Roofing Materials Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Roofing Materials Market Overview
9.3.2 Asia-Pacific Roofing Materials Market Forecasts and Analysis
9.3.3 Asia-Pacific Roofing Materials Market Forecasts and Analysis - By Product
9.3.4 Asia-Pacific Roofing Materials Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Roofing Materials Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Roofing Materials Market
9.3.5.1.1 Australia Roofing Materials Market by Product
9.3.5.1.2 Australia Roofing Materials Market by Application
9.3.5.2 China Roofing Materials Market
9.3.5.2.1 China Roofing Materials Market by Product
9.3.5.2.2 China Roofing Materials Market by Application
9.3.5.3 India Roofing Materials Market
9.3.5.3.1 India Roofing Materials Market by Product
9.3.5.3.2 India Roofing Materials Market by Application
9.3.5.4 Japan Roofing Materials Market
9.3.5.4.1 Japan Roofing Materials Market by Product
9.3.5.4.2 Japan Roofing Materials Market by Application
9.3.5.5 South Korea Roofing Materials Market
9.3.5.5.1 South Korea Roofing Materials Market by Product
9.3.5.5.2 South Korea Roofing Materials Market by Application
9.3.5.6 Rest of Asia-Pacific Roofing Materials Market
9.3.5.6.1 Rest of Asia-Pacific Roofing Materials Market by Product
9.3.5.6.2 Rest of Asia-Pacific Roofing Materials Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Roofing Materials Market Overview
9.4.2 Middle East and Africa Roofing Materials Market Forecasts and Analysis
9.4.3 Middle East and Africa Roofing Materials Market Forecasts and Analysis - By Product
9.4.4 Middle East and Africa Roofing Materials Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Roofing Materials Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Roofing Materials Market
9.4.5.1.1 South Africa Roofing Materials Market by Product
9.4.5.1.2 South Africa Roofing Materials Market by Application
9.4.5.2 Saudi Arabia Roofing Materials Market
9.4.5.2.1 Saudi Arabia Roofing Materials Market by Product
9.4.5.2.2 Saudi Arabia Roofing Materials Market by Application
9.4.5.3 U.A.E Roofing Materials Market
9.4.5.3.1 U.A.E Roofing Materials Market by Product
9.4.5.3.2 U.A.E Roofing Materials Market by Application
9.4.5.4 Rest of Middle East and Africa Roofing Materials Market
9.4.5.4.1 Rest of Middle East and Africa Roofing Materials Market by Product
9.4.5.4.2 Rest of Middle East and Africa Roofing Materials Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Roofing Materials Market Overview
9.5.2 South and Central America Roofing Materials Market Forecasts and Analysis
9.5.3 South and Central America Roofing Materials Market Forecasts and Analysis - By Product
9.5.4 South and Central America Roofing Materials Market Forecasts and Analysis - By Application
9.5.5 South and Central America Roofing Materials Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Roofing Materials Market
9.5.5.1.1 Brazil Roofing Materials Market by Product
9.5.5.1.2 Brazil Roofing Materials Market by Application
9.5.5.2 Argentina Roofing Materials Market
9.5.5.2.1 Argentina Roofing Materials Market by Product
9.5.5.2.2 Argentina Roofing Materials Market by Application
9.5.5.3 Rest of South and Central America Roofing Materials Market
9.5.5.3.1 Rest of South and Central America Roofing Materials Market by Product
9.5.5.3.2 Rest of South and Central America Roofing Materials Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. ROOFING MATERIALS MARKET, KEY COMPANY PROFILES
11.1. ATLAS ROOFING CORPORATION
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. BMI GROUP
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. BORAL ROOFING
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. CARLISLE CONSTRUCTION MATERIALS
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. CERTAINTEED
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. ETEX
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. EUROSHIELD ROOFING AND G.E.M. INC.
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. GAF
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. JOHNS MANVILLE
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. OWENS CORNING
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. Atlas Roofing Corporation
2. BMI Group
3. Boral Roofing
4. Carlisle Construction Materials
5. CertainTeed
6. Etex
7. Euroshield Roofing and G.E.M. Inc.
8. GAF
9. Johns Manville
10. Owens Corning
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
Get Free Sample For