Reports

Roofing Materials Market

Global Roofing Materials Market Size, Analysis: By Product: Asphalt Shingles, Concrete and Clay Tile Roofs, Metal Roofs, Elastomers and Plastic Roofs, Others; By Application: Residential, Commercial; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand; Competitive Landscape; 2024-2032

Global Roofing Materials Market Outlook

The global roofing materials market reached a value of about USD 133.95 billion in 2023. The market of the product is further expected to grow at a CAGR of about 5% in the forecast period of 2024-2032 to reach a value of nearly USD 179.38 billion by 2032.

 

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 2023
Historical Period 2018-2023
Forecast Period 2024-2032
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, 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.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR 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    Opportunities and Challenges in the Market
8    Global Roofing Materials Market Analysis
    8.1    Key Industry Highlights
    8.2    Global Roofing Materials Historical Market (2018-2023) 
    8.3    Global Roofing Materials Market Forecast (2024-2032)
    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 (2018-2023)
            8.4.1.3    Forecast Trend (2024-2032)
        8.4.2    Concrete and Clay Tile Roofs
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2018-2023)
            8.4.2.3    Forecast Trend (2024-2032)
        8.4.3    Metal Roofs
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2018-2023)
            8.4.3.3    Forecast Trend (2024-2032)
        8.4.4    Elastomers and Plastic Roofs
            8.4.4.1    Market Share
            8.4.4.2    Historical Trend (2018-2023)
            8.4.4.3    Forecast Trend (2024-2032)
        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 (2018-2023)
            8.5.1.3    Forecast Trend (2024-2032)
        8.5.2    Commercial
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2018-2023)
            8.5.2.3    Forecast Trend (2024-2032) 
    8.6    Global Roofing Materials Market by Region
        8.6.1    North America
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2018-2023)
            8.6.1.3    Forecast Trend (2024-2032)
        8.6.2    Europe
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2018-2023)
            8.6.2.3    Forecast Trend (2024-2032)
        8.6.3    Asia Pacific
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2018-2023)
            8.6.3.3    Forecast Trend (2024-2032)
        8.6.4    Latin America
            8.6.4.1    Market Share
            8.6.4.2    Historical Trend (2018-2023)
            8.6.4.3    Forecast Trend (2024-2032)
        8.6.5    Middle East and Africa
            8.6.5.1    Market Share
            8.6.5.2    Historical Trend (2018-2023)
            8.6.5.3    Forecast Trend (2024-2032)
9    North America Roofing Materials Market Analysis
    9.1    United States of America
        9.1.1    Market Share
        9.1.2    Historical Trend (2018-2023)
        9.1.3    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Market Share
        9.2.2    Historical Trend (2018-2023)
        9.2.3    Forecast Trend (2024-2032)
10    Europe Roofing Materials Market Analysis
    10.1    United Kingdom
        10.1.1    Market Share
        10.1.2    Historical Trend (2018-2023)
        10.1.3    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Market Share
        10.2.2    Historical Trend (2018-2023)
        10.2.3    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Market Share
        10.3.2    Historical Trend (2018-2023)
        10.3.3    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Market Share
        10.4.2    Historical Trend (2018-2023)
        10.4.3    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Roofing Materials Market Analysis
    11.1    China
        11.1.1    Market Share
        11.1.2    Historical Trend (2018-2023)
        11.1.3    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Market Share
        11.2.2    Historical Trend (2018-2023)
        11.2.3    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Market Share
        11.3.2    Historical Trend (2018-2023)
        11.3.3    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Market Share
        11.4.2    Historical Trend (2018-2023)
        11.4.3    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Market Share
        11.5.2    Historical Trend (2018-2023)
        11.5.3    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Roofing Materials Market Analysis
    12.1    Brazil
        12.1.1    Market Share
        12.1.2    Historical Trend (2018-2023)
        12.1.3    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Market Share
        12.2.2    Historical Trend (2018-2023)
        12.2.3    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Market Share
        12.3.2    Historical Trend (2018-2023)
        12.3.3    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Roofing Materials Market Analysis
    13.1    Saudi Arabia
        13.1.1    Market Share
        13.1.2    Historical Trend (2018-2023)
        13.1.3    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Market Share
        13.2.2    Historical Trend (2018-2023)
        13.2.3    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Market Share
        13.3.2    Historical Trend (2018-2023)
        13.3.3    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Market Share
        13.4.2    Historical Trend (2018-2023)
        13.4.3    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Price Analysis
    16.1    North America Historical Price Trends (2018-2023) and Forecast (2024-2032)
    16.2    Europe Historical Price Trends (2018-2023) and Forecast (2024-2032)
    16.3    Asia Pacific Historical Price Trends (2018-2023) and Forecast (2024-2032)
    16.4    Latin America Historical Price Trends (2018-2023) and Forecast (2024-2032)
    16.5    Middle East and Africa Historical Price Trends (2018-2023) and Forecast (2024-2032)
17    Competitive  Landscape
    17.1    Market Structure
    17.2    Company Profiles
        17.2.1    BMI Group
            17.2.1.1    Company Overview
            17.2.1.2    Product Portfolio
            17.2.1.3    Demographic Reach and Achievements
            17.2.1.4    Certifications
        17.2.2    Fletcher Building
            17.2.2.1    Company Overview
            17.2.2.2    Product Portfolio
            17.2.2.3    Demographic Reach and Achievements
            17.2.2.4    Certifications
        17.2.3    Owens Corning
            17.2.3.1    Company Overview
            17.2.3.2    Product Portfolio
            17.2.3.3    Demographic Reach and Achievements
            17.2.3.4    Certifications
        17.2.4    Atlas Roofing Materials Corporation
            17.2.4.1    Company Overview
            17.2.4.2    Product Portfolio
            17.2.4.3    Demographic Reach and Achievements
            17.2.4.4    Certifications
        17.2.5    TAMKO Building Products LLC
            17.2.5.1    Company Overview
            17.2.5.2    Product Portfolio
            17.2.5.3    Demographic Reach and Achievements
            17.2.5.4    Certifications
        17.2.6    GAF Materials LLC
            17.2.6.1    Company Overview
            17.2.6.2    Product Portfolio
            17.2.6.3    Demographic Reach and Achievements
            17.2.6.4    Certifications
        17.2.7    CertainTeed
            17.2.7.1    Company Overview
            17.2.7.2    Product Portfolio
            17.2.7.3    Demographic Reach and Achievements
            17.2.7.4    Certifications
        17.2.8    Others
18    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    Global Roofing Materials Market: Key Industry Highlights, 2018 and 2032
2.    Global Roofing Materials Historical Market: Breakup by Product (USD Billion), 2018-2023
3.    Global Roofing Materials Market Forecast: Breakup by Product (USD Billion), 2024-2032
4.    Global Roofing Materials Historical Market: Breakup by Application (USD Billion), 2018-2023
5.    Global Roofing Materials Market Forecast: Breakup by Application (USD Billion), 2024-2032
6.    Global Roofing Materials Historical Market: Breakup by Region (USD Billion), 2018-2023
7.    Global Roofing Materials Market Forecast: Breakup by Region (USD Billion), 2024-2032
8.    North America Roofing Materials Historical Market: Breakup by Country (USD Billion), 2018-2023
9.    North America Roofing Materials Market Forecast: Breakup by Country (USD Billion), 2024-2032
10.    Europe Roofing Materials Historical Market: Breakup by Country (USD Billion), 2018-2023
11.    Europe Roofing Materials Market Forecast: Breakup by Country (USD Billion), 2024-2032
12.    Asia Pacific Roofing Materials Historical Market: Breakup by Country (USD Billion), 2018-2023
13.    Asia Pacific Roofing Materials Market Forecast: Breakup by Country (USD Billion), 2024-2032
14.    Latin America Roofing Materials Historical Market: Breakup by Country (USD Billion), 2018-2023
15.    Latin America Roofing Materials Market Forecast: Breakup by Country (USD Billion), 2024-2032
16.    Middle East and Africa Roofing Materials Historical Market: Breakup by Country (USD Billion), 2018-2023
17.    Middle East and Africa Roofing Materials Market Forecast: Breakup by Country (USD Billion), 2024-2032
18.    North America Historical Price Trends and Forecast 2018-2028
19.    Europe Historical Price Trends and Forecast 2018-2028
20.    Asia Pacific Historical Price Trends and Forecast 2018-2028
21.    Latin America Historical Price Trends and Forecast 2018-2028
22.    Middle East and Africa Historical Price Trends and Forecast 2018-2028
23.    Global Roofing Materials Market Structure

Key Questions Answered in the Report

What was the global roofing materials market size in 2023?

In 2023, the global roofing materials market attained a value of nearly USD 133.95 billion.

What is the growth rate of the global roofing materials market?

The market is projected to grow at a CAGR of 5% between 2023 and 2032.

What is the forecast outlook of the global roofing materials market for 2024-2032?

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 179.38 billion by 2032.

What are the major market drivers?

The major drivers of the market are rising disposable incomes, increasing population, growing construction market, escalating demand from developing regions, and growing technological advancements.

What are the key trends of the market?

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

What are the major regional markets of the product, according to the market report?

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

What are the major product types of roofing materials in the market?

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

What are the major applications of the product in the market?

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

Who are the key market players, according to the report?

The major players in the market 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 133.95 billion in 2023, 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 2024-2032, growing at a CAGR of 5%. The roofing materials market is projected to reach USD 179.38 billion by 2032.

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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