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Report Overview

The Latin America roofing materials market attained value of USD 6.62 billion in 2024. The Latin America roofing materials market is further expected to grow at a CAGR of 4.2% in the forecast period of 2025-2034, to attain USD 8.9 billion by 2034.

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

Latin America Roofing Materials Market

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Rising Construction Activities Driving the Roofing Materials Industry Growth

Latin America is a significant region for manufacturing, with a lot of construction activity going on, particularly in Brazil and Argentina. The roofing materials industry is expected to grow as local ceiling technologies improve. Due to their high insulation techniques and low expense, tiles and shingles are the most used roofing materials. Owing to the high strength of shingles and plates, they are the most popular residential ceiling materials because they are extremely durable and have a long-life cycle. Rising demand for these roofing materials from the residential sector has led the market growth in recent years. Wood shingles, shakes, slates, asphalt shingles, asbestos and shingles, as well as monk and nun, imbrex and tegula, Dutch roof, and Mangalore tiles, are the most common shingles on the market.

Roofing Materials: Market Segmentation

Roof construction materials for required for houses and foundations. Roofing materials must meet both technological and economic standards. Technological standards, such as impermeability, temperature tolerance, frost resistance, and low combustibility. Economic standards such as low cost of the material and the installation of the base upon which it rests, ease of installation. Roofing materials are available in chemical and silicate variety. They may be in the form of a roll, mastic, or a slice (sheets or slabs).

Latin America Roofing Materials Market By Segments

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Based on type, the market is divided into:

  • Asphalt Shingles
  • Metal
  • Concrete and Clay Tiles
  • Elastomers and Plastic 
  • Others

On the basis of applications, the market is categorised into:

  • Residential 
  • Non-Residential

Country-wise, the markets for the product include Brazil, Argentina, and Mexico, among others.

Latin America Roofing Materials Market By Region

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Rising Demand for Reflective Coatings Aiding the Latin America Roofing Materials Industry

The industry is expected to benefit from the introduction of reflective coatings that can be added to dark-colored roofing materials. Reflective coatings have superior heat reflection properties and reduce the total energy consumption of building structures. Product demand is expected to increase as a result of the superior reliability, aesthetics, and ease of installation associated with these items. The roof construction process is expected to be revolutionised as more cutting-edge equipment, such as drones, is used to survey roofs. Furthermore, the use of 3D printing technologies to manufacture various structural components of roofing systems is expected to boost demand for roofing materials over the forecast period.

Key Industry Players in the Latin America Roofing Materials Market

The report gives a detailed analysis of the following key players in the Latin America roofing materials market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • BMI Group
  • Owens Corning
  • Etex SA
  • Megaflex Ltd.
  • Dextra Group
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2024
Forecast Period 2025-2034
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Application
  • Region
Breakup by Type
  • Asphalt Shingles
  • Metal
  • Concrete and Clay Tiles
  • Elastomers and Plastic 
  • Others
Breakup by Application
  • Residential
  • Non-Residential
Breakup by Region
  • Brazil
  • Argentina
  • Mexico
  • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • BMI Group
  • Owens Corning
  • Etex SA
  • Megaflex Ltd.
  • Dextra Group
  • Others
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Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

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Latin America Roofing Materials Market Report Snapshots

Latin America Roofing Materials Market Size

Latin America Roofing Materials Market Growth

Latin America Roofing Materials Companies

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The Latin America roofing materials market is attained a value of USD 6.62 billion in 2024.

The Latin America roofing materials market is projected to grow at a CAGR of 4.2% between 2025 and 2034.

The Latin America roofing materials market is expected to reach USD 8.9 billion by 2034.            

The major drivers of the market include the growing population, rising construction sector, superior reliability, aesthetics, and the ease of installation.

Introduction of reflective coatings that can be added to dark-coloured roofing materials and use of 3D printing technologies are the key trends propelling the growth of the market.

The major countries in the market are Brazil, Argentina, and Mexico, among others.

The various types include asphalt shingles, metal, concrete and clay tiles, and elastomers and plastic, among others.

The applications for market are residential and non-residential.

The key players in the Latin America roofing materials market are BMI Group, Owens Corning, Etex SA, Megaflex Ltd., and Dextra Group, among others.

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63 Fiona Drive, Tamworth, NSW

+61-448-061-727

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

+63-287-899-028, +63-967-048-3306

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84-865-399-124