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Global Roofing Materials Market: By Product: Asphalt Shingles, Concrete and Clay Tile Roofs, Metal Roofs, Elastomers and Plastic Roofs; By Application: Residential, Commercial; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics; Value Chain Analysis; Competitive Landscape; Industry Events and Developments

Global Roofing Materials Market Outlook

The global roofing materials market reached a value of about USD 121.5 billion in 2020. The market of the product is further expected to grow at a CAGR of about 5% in the forecast period of 2021-2026 to reach a value of nearly USD 162.7 billion by 2026.

 

Global Roofing Materials Market

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The roofing materials market is primarily being driven by the growing construction industry. Emerging technology to improve the deployment, aesthetics and protection against weather of roofing materials is expected to increase the product demand in the coming years.

 

Properties and Applications

Roofing material refers to the outermost layer on the building's roof, generally supported by a structure at its base. The roofing material of a building provides protection against the natural elements. Depending on the available material and the nature of the supporting structure, the external layer of a roof shows a great variation.

 

Global Roofing Materials Market By Product

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By product type, the industry can be divided into the following:

  • Asphalt Shingles
  • Concrete and Clay Tile Roofs
  • Metal Roofs
  • Elastomers and plastic Roofs
  • Others

The industry can be broadly categorised on the basis of its applications into:

  • Residential
  • Commercial

The EMR report looks into the regional roofing materials markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.

 

Global Roofing Materials Market By Region

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Market Analysis

The rapidly rising construction industry owing to the steady economic growth, combined with low interest rates contributing to the increase in the approval of building projects, is anticipated to facilitate the industry expansion. Technological advancements taking place in the industry is further accelerating the growth of the market. The growing trend of the production of reflective coatings for dark-coloured roofing materials, which enable better heat reflection and reduce overall energy requirements, is presumed to drive the industry expansion.

 

Competitive Landscape

The report presents a detailed analysis of the following key players in the global roofing materials market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • BMI Group 
  • Fletcher Building 
  • Owens Corning
  • Atlas Roofing Materials Corporation
  • TAMKO Building Products LLC
  • GAF Materials LLC
  • CertainTeed 
  • Others

The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2016-2020
Forecast Period 2021-2026
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Product, Application, Region
Breakup by Product Asphalt Shingles, Concrete and Clay Tile Roofs, Metal Roofs, Elastomers and Plastic Roofs, Others
Breakup by Application Residential, Commercial
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand
Price Analysis Historical and Forecast Price Trends- Regional
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered BMI Group, Fletcher Building, Owens Corning, Atlas Roofing Materials Corporation, TAMKO Building Products LLC, GAF Materials LLC, CertainTeed, Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*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.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Roofing Materials Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Roofing Materials Historical Market (2016-2020) 
    8.3    Global Roofing Materials Market Forecast (2021-2026)
    8.4    Global Roofing Materials Market by Product
        8.4.1    Asphalt Shingles
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2016-2020)
            8.4.1.3    Forecast Trend (2021-2026)
        8.4.2    Concrete and Clay Tile Roofs
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2016-2020)
            8.4.2.3    Forecast Trend (2021-2026)
        8.4.3    Metal Roofs
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2016-2020)
            8.4.3.3    Forecast Trend (2021-2026)
        8.4.4    Elastomers and Plastic Roofs
            8.4.4.1    Market Share
            8.4.4.2    Historical Trend (2016-2020)
            8.4.4.3    Forecast Trend (2021-2026)
        8.4.5    Others
    8.5    Global Roofing Materials Market by Application
        8.5.1    Residential
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2016-2020)
            8.5.1.3    Forecast Trend (2021-2026)
        8.5.2    Commercial
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2016-2020)
            8.5.2.3    Forecast Trend (2021-2026)
    8.6    Global Roofing Materials Market by Region
        8.6.1    Market Share
            8.6.1.1    North America
            8.6.1.2    Europe
            8.6.1.3    Asia Pacific
            8.6.1.4    Latin America
            8.6.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2016-2020)
        9.1.2    Forecast Trend (2021-2026)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2016-2020)
        9.2.2    Forecast Trend (2021-2026)
        9.2.3    Breakup by Country
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2016-2020)
        9.3.2    Forecast Trend (2021-2026)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2016-2020)
        9.4.2    Forecast Trend (2021-2026)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2016-2020)
        9.5.2    Forecast Trend (2021-2026)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Value Chain Analysis
12    Price Analysis

    12.1    North America Historical Price Trends (2016-2020) and Forecast (2021-2026)
    12.2    Europe Historical Price Trends (2016-2020) and Forecast (2021-2026)
    12.3    Asia Pacific Historical Price Trends (2016-2020) and Forecast (2021-2026)
    12.4    Latin America Historical Price Trends (2016-2020) and Forecast (2021-2026)
    12.5    Middle East and Africa Historical Price Trends (2016-2020) and Forecast (2021-2026)
13    Competitive Landscape
    13.1    Market Structure
    13.2    Key Players 
    13.3    Company Profiles
        13.3.1    BMI Group
            13.3.1.1    Company Overview
            13.3.1.2    Product Portfolio
            13.3.1.3    Demographic Reach and Achievements
            13.3.1.4    Certifications
        13.3.2    Fletcher Building
            13.3.2.1    Company Overview
            13.3.2.2    Product Portfolio
            13.3.2.3    Demographic Reach and Achievements
            13.3.2.4    Certifications
        13.3.3    Owens Corning
            13.3.3.1    Company Overview
            13.3.3.2    Product Portfolio
            13.3.3.3    Demographic Reach and Achievements
            13.3.3.4    Certifications
        13.3.4    Atlas Roofing Materials Corporation 
            13.3.4.1    Company Overview
            13.3.4.2    Product Portfolio
            13.3.4.3    Demographic Reach and Achievements
            13.3.4.4    Certifications
        13.3.5    TAMKO Building Products LLC
            13.3.5.1    Company Overview
            13.3.5.2    Product Portfolio
            13.3.5.3    Demographic Reach and Achievements
            13.3.5.4    Certifications
        13.3.6    GAF Materials LLC
            13.3.6.1    Company Overview
            13.3.6.2    Product Portfolio
            13.3.6.3    Demographic Reach and Achievements
            13.3.6.4    Certifications
        13.3.7    CertainTeed 
            13.3.7.1    Company Overview
            13.3.7.2    Product Portfolio
            13.3.7.3    Demographic Reach and Achievements
            13.3.7.4    Certifications
        13.3.8    Others
14    Industry Events and Developments

 

List of Figures and Tables

1.    Global Roofing Materials Market: Key Industry Highlights, 2016 and 2026
2.    Global Roofing Materials Historical Market: Breakup by Product (USD Billion), 2016-2020
3.    Global Roofing Materials Market Forecast: Breakup by Product (USD Billion), 2021-2026
4.    Global Roofing Materials Historical Market: Breakup by Application (USD Billion), 2016-2020
5.    Global Roofing Materials Market Forecast: Breakup by Application (USD Billion), 2021-2026
6.    Global Roofing Materials Historical Market: Breakup by Region (USD Billion), 2016-2020
7.    Global Roofing Materials Market Forecast: Breakup by Region (USD Billion), 2021-2026
8.    North America Roofing Materials Historical Market: Breakup by Country (USD Billion), 2016-2020
9.    North America Roofing Materials Market Forecast: Breakup by Country (USD Billion), 2021-2026
10.    Europe Roofing Materials Historical Market: Breakup by Country (USD Billion), 2016-2020
11.    Europe Roofing Materials Market Forecast: Breakup by Country (USD Billion), 2021-2026
12.    Asia Pacific Roofing Materials Historical Market: Breakup by Country (USD Billion), 2016-2020
13.    Asia Pacific Roofing Materials Market Forecast: Breakup by Country (USD Billion), 2021-2026
14.    Latin America Roofing Materials Historical Market: Breakup by Country (USD Billion), 2016-2020
15.    Latin America Roofing Materials Market Forecast: Breakup by Country (USD Billion), 2021-2026
16.    Middle East and Africa Roofing Materials Historical Market: Breakup by Country (USD Billion), 2016-2020
17.    Middle East and Africa Roofing Materials Market Forecast: Breakup by Country (USD Billion), 2021-2026
18.    North America Historical Price Trends and Forecast 2016-2026
19.    Europe Historical Price Trends and Forecast 2016-2026
20.    Asia Pacific Historical Price Trends and Forecast 2016-2026
21.    Latin America Historical Price Trends and Forecast 2016-2026
22.    Middle East and Africa Historical Price Trends and Forecast 2016-2026
23.    Global Roofing Materials Market Structure

Key Questions Answered in the Report

In 2020, the global roofing materials market attained a value of nearly USD 121.5 billion.

The market is projected to grow at a CAGR of 5% between 2021 and 2026.

The market is estimated to witness a healthy growth in the forecast period of 2021-2026 to reach about USD 162.7 billion by 2026.

The major drivers of the industry, such as rising disposable incomes, increasing population, growing construction industry, rising demand from the developing regions, and growing technological advancements, are expected to aid the market growth.

The key market trend guiding the growth of the roofing materials industry include the production of reflective coatings for dark-coloured roofing materials, which enable better heat reflection and reduce overall energy requirements.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

Asphalt shingles, concrete and clay tile roofs, metal roofs, and elastomers and plastic roofs, among others, are the major product types of the product in the industry.

Residential and commercial applications are the major applications of the product in the industry.

The major players in the industry are BMI Group, Fletcher Building, Owens Corning, Atlas Roofing Materials Corporation, TAMKO Building Products LLC, GAF Materials LLC, and CertainTeed, among others.

Analyst Review

The global roofing materials market attained a value of USD 121.5 billion in 2020, driven by the growing construction industry. Aided by the rising demand from the developing regions and growing technological advancements in the industry, the market is expected to witness a further growth in the forecast period of 2021-2026, growing at a CAGR of 5%. The roofing materials market is projected to reach USD 162.7 billion by 2026.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its product types, the industry can be segmented into asphalt shingles, concrete and clay tile roofs, metal roofs, elastomers and plastic roofs, and others. On the basis of application segments, the industry is divided into residential and commercial. The major regional markets for the product are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include BMI Group, Fletcher Building, Owens Corning, Atlas Roofing Materials Corporation, TAMKO Building Products LLC, GAF Materials LLC, CertainTeed, and others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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