Roofing Products Market Size, Trends and Insights By Material (Asphalt Shingles, Concrete & Clay Tiles, Plastic Roof, Metal Roof, Others), By Application (Residential, Commercial, Industrial), By End-Use (New construction, Repair and renovation, Maintenance), By Product Type (Underlayment, Flashing, Gutters and downspouts, Ventilation, Accessories), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033
Report Snapshot
Study Period: | 2024-2033 |
Fastest Growing Market: | Asia-Pacific |
Largest Market: | Europe |
Major Players
- IKO Industries Ltd.
- TAMKO Building Products, Inc.
- Atlas Roofing Corporation
- Carlisle Companies Incorporated
- Others
Reports Description
As per the current market research conducted by the CMI Team, the global Roofing Products Market is expected to record a CAGR of 4.1% from 2023 to 2032. In 2023, the market Application is projected to reach a valuation of USD 138.25 Billion. By 2032, the valuation is anticipated to reach USD 185.54 Billion.
Specification | Description |
Roof Type | Asphalt shingles |
Roof Slope | Medium slope (3:12 to 5:12) |
Roof Area | 1,500 square feet |
Underlayment | Ice and water barrier, felt paper |
Flashing | Metal flashing, shingle flashing |
Ventilation | Ridge vents, soffit vents |
Gutters and Downspouts | Aluminum |
Snow Load | 30 psf |
Wind Load | 70 mph |
Warranty | 25 years |
Labor | $4.00 per square foot |
Materials | $6.00 per square foot |
Total Cost | $15,000 |
The roofing product market encompasses materials and systems used in construction for weatherproofing and aesthetic enhancement of buildings. Its nature involves the production and distribution of roofing materials, ranging from traditional asphalt shingles to innovative eco-friendly options.
Recent trends emphasize sustainability, with a shift towards energy-efficient and eco-conscious roofing solutions. Additionally, the integration of smart technologies for monitoring and improved performance reflects the industry’s commitment to innovation and meeting evolving consumer demands.
Roofing Products Market – Significant Growth Factors
The Roofing Products Market presents significant growth opportunities due to several factors:
- Sustainability Drive: Increasing awareness of environmental impact fuels demand for sustainable roofing materials, presenting opportunities for companies to develop eco-friendly solutions and capitalize on the growing green construction sector.
- Smart Technology Integration: The rise of smart homes and buildings creates opportunities for roofing products with integrated technologies, such as sensors and energy-efficient features, enhancing performance and meeting the demands of tech-savvy consumers.
- Urbanization and Infrastructure Growth: Rapid urban development and infrastructure projects worldwide drive demand for roofing materials, offering opportunities for market expansion and collaboration with construction and development ventures.
- Extreme Weather Resilience: Escalating instances of extreme weather events prompts the need for resilient roofing solutions. Companies can seize opportunities by developing products with enhanced durability, weather resistance, and disaster resilience.
- Renewable Energy Integration: Growing interest in renewable energy sources provides opportunities for roofing products that can accommodate solar panels and other energy-harvesting technologies, supporting the shift towards sustainable and energy-efficient construction practices.
- E-commerce and Digital Platforms: The rise of online platforms for construction materials presents opportunities for roofing product manufacturers to expand their reach, streamline distribution, and engage directly with consumers, fostering innovation and efficient market penetration.
Roofing Products Market – Mergers and Acquisitions
The Roofing Products Market has seen several mergers and acquisitions in recent years, with companies seeking to expand their market presence and leverage synergies to improve their Material offerings and profitability. Some notable examples of mergers and acquisitions in the Roofing Products market include:
- In February 2022, Johns Manville, a subsidiary of Berkshire Hathaway, unveiled two innovative additions to their bituminous roofing systems, aimed at enhancing efficiency during roofing projects.
- In February 2022, Carlisle Companies Incorporated successfully acquired MBTechnology, Inc. (MBT). This strategic move is set to broaden Carlisle’s portfolio in modified bitumen roofing, offering an extended range of options, and simultaneously increasing capacity for roofing underlayment production.
These mergers and acquisitions have helped companies expand their Material offerings, improve their market presence, and capitalize on growth opportunities in the Roofing Products Market. The trend is expected to continue as companies seek to gain a competitive edge in the market.
COMPARATIVE ANALYSIS OF THE RELATED MARKET
Roofing Products Market | Refiberd Textile Market | Novel Smart Textile Market |
CAGR 4.1% (Approx) | CAGR 7.5% (Approx) | CAGR 18.1% (Approx) |
USD 185.54 Billion by 2032 | USD 589.7 Billion by 2032 | USD 7.4 Billion by 2032 |
Roofing Products Market – Significant Threats
The Roofing Products Market faces several significant threats that could impact its growth and profitability in the future. Some of these threats include:
- Raw Material Price Volatility: Fluctuations in the prices of key raw materials, such as asphalt, metals, and polymers, can pose a significant threat to the profitability of roofing product manufacturers, impacting production costs and overall market competitiveness.
- Regulatory Compliance Challenges: Stringent environmental and safety regulations within the roofing industry can lead to compliance challenges and increased production costs, potentially affecting the market’s growth and profitability.
- Intense Competition: The roofing products market faces intense competition, with numerous companies vying for market share. Price wars and aggressive marketing strategies can impact profit margins and market stability.
- Economic Downturns: The roofing industry is sensitive to economic fluctuations. During economic downturns, construction projects often decline, leading to reduced demand for roofing products and potential financial challenges for companies in the market.
- Technological Disruptions: Rapid advancements in technology, such as the development of alternative roofing materials or construction techniques, can disrupt traditional markets and pose a threat to companies that fail to adapt quickly to these changes.
- Supply Chain Disruptions: Disruptions in the supply chain, whether due to natural disasters, geopolitical issues, or global events (as seen with the COVID-19 pandemic), can lead to shortages of raw materials and components, impacting production schedules and product availability.
- Environmental Impact Concerns: Increasing environmental awareness may drive demand for sustainable roofing solutions. Companies not adapting to eco-friendly practices and materials may face challenges in meeting market expectations and regulations.
- Shifts in Consumer Preferences: Changes in consumer preferences, influenced by factors such as aesthetics, energy efficiency, or sustainability, can impact the demand for specific types of roofing products. Companies must stay attuned to these shifts to remain competitive in the market.
Report Scope
Feature of the Report | Details |
Market Size in 2023 | USD 143.7 Billion |
Projected Market Size in 2032 | USD 185.54 Billion |
Market Size in 2022 | USD 138.25 Billion |
CAGR Growth Rate | 4.1% CAGR |
Base Year | 2023 |
Forecast Period | 2024-2033 |
Key Segment | By Material, Application, End-Use, Product Type and Region |
Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
Buying Options | Request tailored purchasing options to fulfil your requirements for research. |
Category-Wise Insights
By Material
- Asphalt Shingles: Asphalt shingles are roofing materials made from a base of fiberglass or organic felt, coated with asphalt and mineral granules. Known for their cost-effectiveness, versatility, and ease of installation, asphalt shingles dominate the roofing market. Current trends in asphalt shingles include innovations in design for enhanced aesthetics, improvements in durability, and the integration of technology for weather resistance.
- Concrete & Clay Tiles: Concrete and clay tiles offer durability and aesthetic appeal. They are made from natural materials and are known for their longevity. Current trends in this segment involve advancements in manufacturing techniques for increased sustainability, customization options to cater to diverse architectural styles, and the incorporation of energy-efficient features.
- Plastic Roof: Lightweight and durable plastic roofing materials, like polycarbonate and PVC, are gaining popularity. Trends include a push for eco-friendly and recyclable options, improved insulation, and the creation of translucent plastic roofs to maximize natural light.
- Metal Roof: Metal roofs, made from materials like steel, aluminum, and copper, are known for their longevity and resistance to weathering. Current trends involve the use of energy-efficient reflective coatings, innovative metal alloys for enhanced strength, and architectural designs that integrate metal roofing for a modern aesthetic.
- Others: The “Others” category encompasses a range of roofing materials such as wood, slate, and rubber. Trends in this diverse segment include the adoption of sustainable and recycled materials, increased focus on customization and design flexibility, and the development of specialty roofing solutions tailored to specific environmental or aesthetic requirements. This category reflects a dynamic and evolving landscape driven by innovation and a commitment to meeting diverse market needs.
By Application
- Residential: Designed for homes, residential roofing products offer a variety of styles and materials, prioritizing aesthetics, durability, and energy efficiency. Trends include a growing interest in eco-friendly options, integration of smart technology for energy savings, and designs that complement modern architecture.
- Commercial: Commercial roofing products are meant for places like offices and stores. They prioritize durability, cost-effectiveness, and easy maintenance. Trends in commercial roofing include a demand for cool roofing systems to save energy, the use of advanced waterproofing tech, and innovative materials for longer lifespan and environmental friendliness.
- Industrial: Industrial roofing products are designed for large-scale manufacturing facilities, warehouses, and industrial complexes. These products emphasize robustness, resistance to extreme conditions, and functionality. Recent trends in industrial roofing include the adoption of high-performance materials capable of withstanding harsh environments, increased focus on energy-efficient roofing solutions, and the integration of smart technologies for monitoring and maintenance, optimizing operational efficiency in industrial settings.
By End-use
- New Construction: New construction in the roofing products market refers to the installation of roofing materials and systems in buildings that are being built for the first time. The demand for roofing products in new construction is closely tied to overall construction activity, influenced by economic growth and urbanization trends. Recent trends indicate a rising preference for sustainable and energy-efficient roofing solutions in new builds, driven by increased environmental awareness and stringent building codes.
- Repair and Renovation: The repair and renovation segment involves replacing or upgrading existing roofing systems in buildings. This segment often demands specific products catering to restoration needs, such as roofing membranes, sealants, and coatings. Recent trends highlight a growing focus on durable and long-lasting solutions, along with the integration of smart technologies for enhanced performance in repair and renovation projects.
- Maintenance: Roofing maintenance involves routine inspections, cleaning, and minor repairs to ensure the longevity of existing roofing systems. The trends in this segment include the adoption of preventive maintenance strategies, leveraging digital tools for condition monitoring, and the use of sustainable coatings to extend the life of roofs. Proactive maintenance is gaining importance as building owners seek to minimize long-term costs and maximize the lifespan of their roofing investments.
By Product Type
- Underlayment: Underlayment in the roofing products market refers to a crucial layer beneath the main roofing material, providing additional protection against leaks and enhancing insulation. A key trend is the increasing demand for high-performance underlayment that offers durability, water resistance, and compatibility with various roofing materials. Innovations include self-adhesive underlayments for ease of installation and advanced synthetic materials for enhanced weather resistance.
- Flashing: Flashing is designed to prevent water penetration at joints and seams in roofing systems. In the roofing products market, a trend involves the development of advanced flashing materials, such as durable metals and thermoplastic materials, to ensure long-lasting protection against leaks. Improved designs and ease of installation are also driving trends, meeting the demand for efficient water diversion and enhanced weatherproofing.
- Gutters and Downspouts: Gutters and downspouts are integral for directing rainwater away from the building. In the roofing products market, the trend is toward the use of durable and corrosion-resistant materials, such as aluminum and stainless steel. Smart gutter systems with monitoring capabilities for preventive maintenance are gaining popularity. Additionally, eco-friendly materials and designs that facilitate rainwater harvesting align with sustainability trends.
- Ventilation: Roof ventilation is crucial for regulating temperature and moisture levels in attics. In the roofing products market, trends involve the development of energy-efficient and technologically advanced ventilation systems. This includes ridge vents, solar-powered vents, and smart ventilation solutions that adapt to weather conditions. Enhanced focus on attic ventilation as part of energy-efficient building designs drives innovation in this segment.
- Accessories: Roofing accessories encompass a range of additional components, including fasteners, adhesives, and sealants. In the roofing products market, the trend is toward the development of environmentally friendly and high-performance accessories that complement modern roofing materials. Innovations include advanced adhesives for improved bonding, energy-efficient sealants, and smart accessories that enhance the overall efficiency and durability of roofing systems. Meeting sustainability and efficiency demand is a key driver in this segment.
Roofing Products Market – Regional Analysis
The Roofing Products Market is segmented into various regions, including North America, Europe, Asia-Pacific, and LAMEA. Here is a brief overview of each region:
- North America: The North American roofing products market encompasses materials and systems used in construction. Trends include a surge in demand for sustainable and energy-efficient solutions, driven by stringent regulations and environmental awareness. Innovation in smart roofing technologies is also notable.
- Europe: In Europe, the roofing products market comprises diverse materials for construction needs. Growing emphasis on eco-friendly roofing options and compliance with energy efficiency standards defines current trends. Technological advancements in roofing materials and systems are shaping the market landscape.
- Asia-Pacific: The Asia-Pacific roofing products market encompasses a wide range of materials for construction purposes. Key trends include increased adoption of modern and sustainable roofing solutions, driven by rapid urbanization and infrastructure development. The market also reflects advancements in cost-effective roofing technologies.
- LAMEA: In LAMEA, the roofing products market involves various construction materials. Trends include a growing preference for resilient roofing solutions to withstand extreme weather conditions. The market also sees opportunities in sustainable roofing practices, aligning with the global shift towards environmentally conscious construction.
Competitive Landscape – Roofing Products Market
The Roofing Products Market is highly competitive, with a large number of manufacturers and others operating globally. Some of the key players in the market include:
- Owens Corning
- GAF Materials Corporation
- CertainTeed Corporation (Saint-Gobain)
- IKO Industries Ltd.
- TAMKO Building Products, Inc.
- Atlas Roofing Corporation
- Carlisle Companies Incorporated
- Johns Manville
- Firestone Building Products (Bridgestone)
- PABCO Roofing Products
- Malarkey Roofing Products
- Sika AG
- Boral Limited
- Berger Building Products
- Eagle Roofing Products
- Wienerberger AG
- Monier Roofing (CSR Limited)
- Tremco Incorporated
- SOPREMA Group
- National Roofing Corporation
- Others
These companies operate in the market through various strategies such as Application innovation, mergers and acquisitions, and partnerships.
New players entering the roofing products market with a focus on innovation and development include companies like Tesla, known for their solar roof tiles, and startups such as Roofing Insights, exploring modern roofing technologies.
Dominant key players like Owens Corning, GAF Materials Corporation, and CertainTeed leverage their extensive experience, R&D investments, and established market presence to maintain dominance. These leaders strategically diversify product portfolios, emphasizing sustainability, smart technologies, and enhanced durability to meet evolving consumer demands, ensuring a competitive edge in the dynamic roofing products market.
The Roofing Products Market is segmented as follows:
By Material
- Asphalt Shingles
- Concrete & Clay Tiles
- Plastic Roof
- Metal Roof
- Others
By Application
- Residential
- Commercial
- Industrial
By End-Use
- New construction
- Repair and renovation
- Maintenance
By Product Type
- Underlayment
- Flashing
- Gutters and downspouts
- Ventilation
- Accessories
Regional Coverage:
North America
- U.S.
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- France
- U.K.
- Russia
- Italy
- Spain
- Netherlands
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Taiwan
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America
Table of Contents
- Chapter 1. Preface
- 1.1 Report Description and Scope
- 1.2 Research scope
- 1.3 Research methodology
- 1.3.1 Market Research Type
- 1.3.2 Market Research Methodology
- Chapter 2. Executive Summary
- 2.1 Global Roofing Products Market, (2024 – 2033) (USD Billion)
- 2.2 Global Roofing Products Market: snapshot
- Chapter 3. Global Roofing Products Market – Industry Analysis
- 3.1 Roofing Products Market: Market Dynamics
- 3.2 Market Drivers
- 3.2.1 Sustainability Drive
- 3.2.2 Smart Technology Integration
- 3.2.3 Urbanization and Infrastructure Growth
- 3.2.4 Extreme Weather Resilience
- 3.2.5 Renewable Energy Integration
- 3.2.6 E-commerce and Digital Platforms.
- 3.3 Market Restraints
- 3.4 Market Opportunities
- 3.5 Market Challenges
- 3.6 Porter’s Five Forces Analysis
- 3.7 Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Material
- 3.7.2 Market Attractiveness Analysis By Application
- 3.7.3 Market Attractiveness Analysis By End-Use
- 3.7.4 Market Attractiveness Analysis By Product Type
- Chapter 4. Global Roofing Products Market- Competitive Landscape
- 4.1 Company market share analysis
- 4.1.1 Global Roofing Products Market: Company Market Share, 2022
- 4.2 Strategic development
- 4.2.1 Acquisitions & mergers
- 4.2.2 New Product launches
- 4.2.3 Agreements, partnerships, collaboration, and joint ventures
- 4.2.4 Research and development and Regional expansion
- 4.3 Price trend analysis
- 4.1 Company market share analysis
- Chapter 5. Global Roofing Products Market – Material Analysis
- 5.1 Global Roofing Products Market Overview: By Material
- 5.1.1 Global Roofing Products Market Share, By Material, 2022 and – 2033
- 5.2 Asphalt Shingles
- 5.2.1 Global Roofing Products Market by Asphalt Shingles, 2024 – 2033 (USD Billion)
- 5.3 Concrete & Clay Tiles
- 5.3.1 Global Roofing Products Market by Concrete & Clay Tiles, 2024 – 2033 (USD Billion)
- 5.4 Plastic Roof
- 5.4.1 Global Roofing Products Market by Plastic Roof, 2024 – 2033 (USD Billion)
- 5.5 Metal Roof
- 5.5.1 Global Roofing Products Market by Metal Roof, 2024 – 2033 (USD Billion)
- 5.6 Others
- 5.6.1 Global Roofing Products Market by Others, 2024 – 2033 (USD Billion)
- 5.1 Global Roofing Products Market Overview: By Material
- Chapter 6. Global Roofing Products Market – Application Analysis
- 6.1 Global Roofing Products Market Overview: By Application
- 6.1.1 Global Roofing Products Market Share, By Application, 2022 and – 2033
- 6.2 Residential
- 6.2.1 Global Roofing Products Market by Residential, 2024 – 2033 (USD Billion)
- 6.3 Commercial
- 6.3.1 Global Roofing Products Market by Commercial, 2024 – 2033 (USD Billion)
- 6.4 Industrial
- 6.4.1 Global Roofing Products Market by Industrial, 2024 – 2033 (USD Billion)
- 6.1 Global Roofing Products Market Overview: By Application
- Chapter 7. Global Roofing Products Market – End-Use Analysis
- 7.1 Global Roofing Products Market Overview: By End-Use
- 7.1.1 Global Roofing Products Market Share, By End-Use, 2022 and – 2033
- 7.2 New Construction
- 7.2.1 Global Roofing Products Market by New Construction, 2024 – 2033 (USD Billion)
- 7.3 Repair and renovation
- 7.3.1 Global Roofing Products Market by Repair and Renovation, 2024 – 2033 (USD Billion)
- 7.4 Maintenance
- 7.4.1 Global Roofing Products Market by Maintenance, 2024 – 2033 (USD Billion)
- 7.1 Global Roofing Products Market Overview: By End-Use
- Chapter 8. Global Roofing Products Market – Product Type Analysis
- 8.1 Global Roofing Products Market Overview: By Product Type
- 8.1.1 Global Roofing Products Market Share, By Product Type, 2022 and – 2033
- 8.2 Underlayment
- 8.2.1 Global Roofing Products Market by Underlayment, 2024 – 2033 (USD Billion)
- 8.3 Flashing
- 8.3.1 Global Roofing Products Market by Flashing, 2024 – 2033 (USD Billion)
- 8.4 Gutters and downspouts
- 8.4.1 Global Roofing Products Market by Gutters and downspouts, 2024 – 2033 (USD Billion)
- 8.5 Ventilation
- 8.5.1 Global Roofing Products Market by Ventilation, 2024 – 2033 (USD Billion)
- 8.6 Accessories
- 8.6.1 Global Roofing Products Market by Accessories, 2024 – 2033 (USD Billion)
- 8.1 Global Roofing Products Market Overview: By Product Type
- Chapter 9. Roofing Products Market – Regional Analysis
- 9.1 Global Roofing Products Market Regional Overview
- 9.2 Global Roofing Products Market Share, by Region, 2022 & – 2033 (USD Billion)
- 9.3. North America
- 9.3.1 North America Roofing Products Market, 2024 – 2033 (USD Billion)
- 9.3.1.1 North America Roofing Products Market, by Country, 2024 – 2033 (USD Billion)
- 9.3.1 North America Roofing Products Market, 2024 – 2033 (USD Billion)
- 9.4 North America Roofing Products Market, by Material, 2024 – 2033
- 9.4.1 North America Roofing Products Market, by Material, 2024 – 2033 (USD Billion)
- 9.5 North America Roofing Products Market, by Application, 2024 – 2033
- 9.5.1 North America Roofing Products Market, by Application, 2024 – 2033 (USD Billion)
- 9.6 North America Roofing Products Market, by End-Use, 2024 – 2033
- 9.6.1 North America Roofing Products Market, by End-Use, 2024 – 2033 (USD Billion)
- 9.7 North America Roofing Products Market, by Product Type, 2024 – 2033
- 9.7.1 North America Roofing Products Market, by Product Type, 2024 – 2033 (USD Billion)
- 9.8. Europe
- 9.8.1 Europe Roofing Products Market, 2024 – 2033 (USD Billion)
- 9.8.1.1 Europe Roofing Products Market, by Country, 2024 – 2033 (USD Billion)
- 9.8.1 Europe Roofing Products Market, 2024 – 2033 (USD Billion)
- 9.9 Europe Roofing Products Market, by Material, 2024 – 2033
- 9.9.1 Europe Roofing Products Market, by Material, 2024 – 2033 (USD Billion)
- 9.10 Europe Roofing Products Market, by Application, 2024 – 2033
- 9.10.1 Europe Roofing Products Market, by Application, 2024 – 2033 (USD Billion)
- 9.11 Europe Roofing Products Market, by End-Use, 2024 – 2033
- 9.11.1 Europe Roofing Products Market, by End-Use, 2024 – 2033 (USD Billion)
- 9.12 Europe Roofing Products Market, by Product Type, 2024 – 2033
- 9.12.1 Europe Roofing Products Market, by Product Type, 2024 – 2033 (USD Billion)
- 9.13. Asia Pacific
- 9.13.1 Asia Pacific Roofing Products Market, 2024 – 2033 (USD Billion)
- 9.13.1.1 Asia Pacific Roofing Products Market, by Country, 2024 – 2033 (USD Billion)
- 9.13.1 Asia Pacific Roofing Products Market, 2024 – 2033 (USD Billion)
- 9.14 Asia Pacific Roofing Products Market, by Material, 2024 – 2033
- 9.14.1 Asia Pacific Roofing Products Market, by Material, 2024 – 2033 (USD Billion)
- 9.15 Asia Pacific Roofing Products Market, by Application, 2024 – 2033
- 9.15.1 Asia Pacific Roofing Products Market, by Application, 2024 – 2033 (USD Billion)
- 9.16 Asia Pacific Roofing Products Market, by End-Use, 2024 – 2033
- 9.16.1 Asia Pacific Roofing Products Market, by End-Use, 2024 – 2033 (USD Billion)
- 9.17 Asia Pacific Roofing Products Market, by Product Type, 2024 – 2033
- 9.17.1 Asia Pacific Roofing Products Market, by Product Type, 2024 – 2033 (USD Billion)
- 9.18. Latin America
- 9.18.1 Latin America Roofing Products Market, 2024 – 2033 (USD Billion)
- 9.18.1.1 Latin America Roofing Products Market, by Country, 2024 – 2033 (USD Billion)
- 9.18.1 Latin America Roofing Products Market, 2024 – 2033 (USD Billion)
- 9.19 Latin America Roofing Products Market, by Material, 2024 – 2033
- 9.19.1 Latin America Roofing Products Market, by Material, 2024 – 2033 (USD Billion)
- 9.20 Latin America Roofing Products Market, by Application, 2024 – 2033
- 9.20.1 Latin America Roofing Products Market, by Application, 2024 – 2033 (USD Billion)
- 9.21 Latin America Roofing Products Market, by End-Use, 2024 – 2033
- 9.21.1 Latin America Roofing Products Market, by End-Use, 2024 – 2033 (USD Billion)
- 9.22 Latin America Roofing Products Market, by Product Type, 2024 – 2033
- 9.22.1 Latin America Roofing Products Market, by Product Type, 2024 – 2033 (USD Billion)
- 9.23. The Middle East and Africa
- 9.23.1 The Middle-East and Africa Roofing Products Market, 2024 – 2033 (USD Billion)
- 9.23.1.1 The Middle-East and Africa Roofing Products Market, by Country, 2024 – 2033 (USD Billion)
- 9.23.1 The Middle-East and Africa Roofing Products Market, 2024 – 2033 (USD Billion)
- 9.24 The Middle-East and Africa Roofing Products Market, by Material, 2024 – 2033
- 9.24.1 The Middle-East and Africa Roofing Products Market, by Material, 2024 – 2033 (USD Billion)
- 9.25 The Middle-East and Africa Roofing Products Market, by Application, 2024 – 2033
- 9.25.1 The Middle-East and Africa Roofing Products Market, by Application, 2024 – 2033 (USD Billion)
- 9.26 The Middle-East and Africa Roofing Products Market, by End-Use, 2024 – 2033
- 9.26.1 The Middle-East and Africa Roofing Products Market, by End-Use, 2024 – 2033 (USD Billion)
- 9.27 The Middle-East and Africa Roofing Products Market, by Product Type, 2024 – 2033
- 9.27.1 The Middle-East and Africa Roofing Products Market, by Product Type, 2024 – 2033 (USD Billion)
- Chapter 10. Company Profiles
- 10.1 Owens Corning
- 10.1.1 Overview
- 10.1.2 Financials
- 10.1.3 Product Portfolio
- 10.1.4 Business Strategy
- 10.1.5 Recent Developments
- 10.2 GAF Materials Corporation
- 10.2.1 Overview
- 10.2.2 Financials
- 10.2.3 Product Portfolio
- 10.2.4 Business Strategy
- 10.2.5 Recent Developments
- 10.3 CertainTeed Corporation (Saint-Gobain)
- 10.3.1 Overview
- 10.3.2 Financials
- 10.3.3 Product Portfolio
- 10.3.4 Business Strategy
- 10.3.5 Recent Developments
- 10.4 IKO Industries Ltd.
- 10.4.1 Overview
- 10.4.2 Financials
- 10.4.3 Product Portfolio
- 10.4.4 Business Strategy
- 10.4.5 Recent Developments
- 10.5 TAMKO Building Products Inc.
- 10.5.1 Overview
- 10.5.2 Financials
- 10.5.3 Product Portfolio
- 10.5.4 Business Strategy
- 10.5.5 Recent Developments
- 10.6 Atlas Roofing Corporation
- 10.6.1 Overview
- 10.6.2 Financials
- 10.6.3 Product Portfolio
- 10.6.4 Business Strategy
- 10.6.5 Recent Developments
- 10.7 Carlisle Companies Incorporated
- 10.7.1 Overview
- 10.7.2 Financials
- 10.7.3 Product Portfolio
- 10.7.4 Business Strategy
- 10.7.5 Recent Developments
- 10.8 Johns Manville
- 10.8.1 Overview
- 10.8.2 Financials
- 10.8.3 Product Portfolio
- 10.8.4 Business Strategy
- 10.8.5 Recent Developments
- 10.9 Firestone Building Products (Bridgestone)
- 10.9.1 Overview
- 10.9.2 Financials
- 10.9.3 Product Portfolio
- 10.9.4 Business Strategy
- 10.9.5 Recent Developments
- 10.10 PABCO Roofing Products
- 10.10.1 Overview
- 10.10.2 Financials
- 10.10.3 Product Portfolio
- 10.10.4 Business Strategy
- 10.10.5 Recent Developments
- 10.11 Malarkey Roofing Products
- 10.11.1 Overview
- 10.11.2 Financials
- 10.11.3 Product Portfolio
- 10.11.4 Business Strategy
- 10.11.5 Recent Developments
- 10.12 Sika AG
- 10.12.1 Overview
- 10.12.2 Financials
- 10.12.3 Product Portfolio
- 10.12.4 Business Strategy
- 10.12.5 Recent Developments
- 10.13 Boral Limited
- 10.13.1 Overview
- 10.13.2 Financials
- 10.13.3 Product Portfolio
- 10.13.4 Business Strategy
- 10.13.5 Recent Developments
- 10.14 Berger Building Products
- 10.14.1 Overview
- 10.14.2 Financials
- 10.14.3 Product Portfolio
- 10.14.4 Business Strategy
- 10.14.5 Recent Developments
- 10.15 Eagle Roofing Products
- 10.15.1 Overview
- 10.15.2 Financials
- 10.15.3 Product Portfolio
- 10.15.4 Business Strategy
- 10.15.5 Recent Developments
- 10.16 Wienerberger AG
- 10.16.1 Overview
- 10.16.2 Financials
- 10.16.3 Product Portfolio
- 10.16.4 Business Strategy
- 10.16.5 Recent Developments
- 10.17 Monier Roofing (CSR Limited)
- 10.17.1 Overview
- 10.17.2 Financials
- 10.17.3 Product Portfolio
- 10.17.4 Business Strategy
- 10.17.5 Recent Developments
- 10.18 Tremco Incorporated
- 10.18.1 Overview
- 10.18.2 Financials
- 10.18.3 Product Portfolio
- 10.18.4 Business Strategy
- 10.18.5 Recent Developments
- 10.19 SOPREMA Group
- 10.19.1 Overview
- 10.19.2 Financials
- 10.19.3 Product Portfolio
- 10.19.4 Business Strategy
- 10.19.5 Recent Developments
- 10.20 National Roofing Corporation
- 10.20.1 Overview
- 10.20.2 Financials
- 10.20.3 Product Portfolio
- 10.20.4 Business Strategy
- 10.20.5 Recent Developments
- 10.21 Others.
- 10.21.1 Overview
- 10.21.2 Financials
- 10.21.3 Product Portfolio
- 10.21.4 Business Strategy
- 10.21.5 Recent Developments
- 10.1 Owens Corning
List Of Figures
Figures No 1 to 34
List Of Tables
Tables No 1 to 102
Report Methodology
In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:
Preliminary Data Mining
On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.
Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.
Statistical Model
Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.
Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.
Some of the variables taken into account for forecasting are as follows:
• Industry drivers and constraints, as well as their current and projected impact
• The raw material case, as well as supply-versus-price trends
• Current volume and projected volume growth through 2030
We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.
Primary Validation
This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.
Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.
All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:
• Market leaders
• Suppliers of raw materials
• Suppliers of raw materials
• Buyers.
The following are the primary research objectives:
• To ensure the accuracy and acceptability of our data.
• Gaining an understanding of the current market and future projections.
Data Collection Matrix
Perspective | Primary research | Secondary research |
Supply-side |
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Demand-side |
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Market Analysis Matrix
Qualitative analysis | Quantitative analysis |
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Prominent Player
- Owens Corning
- GAF Materials Corporation
- CertainTeed Corporation (Saint-Gobain)
- IKO Industries Ltd.
- TAMKO Building Products, Inc.
- Atlas Roofing Corporation
- Carlisle Companies Incorporated
- Johns Manville
- Firestone Building Products (Bridgestone)
- PABCO Roofing Products
- Malarkey Roofing Products
- Sika AG
- Boral Limited
- Berger Building Products
- Eagle Roofing Products
- Wienerberger AG
- Monier Roofing (CSR Limited)
- Tremco Incorporated
- SOPREMA Group
- National Roofing Corporation
- Others
FAQs
The key factors driving the Market are Sustainability Drive, Smart Technology Integration, Urbanization and Infrastructure Growth, Extreme Weather Resilience, Renewable Energy Integration And E-commerce and Digital Platforms.
The “Underlayment” category dominated the market in 2022.
The key players in the market are Owens Corning, GAF Materials Corporation, CertainTeed Corporation (Saint-Gobain), IKO Industries Ltd., TAMKO Building Products Inc., Atlas Roofing Corporation, Carlisle Companies Incorporated, Johns Manville, Firestone Building Products (Bridgestone), PABCO Roofing Products, Malarkey Roofing Products, Sika AG, Boral Limited, Berger Building Products, Eagle Roofing Products, Wienerberger AG, Monier Roofing (CSR Limited), Tremco Incorporated, SOPREMA Group, National Roofing Corporation, Others.
“Asia-Pacific” had the largest share in the Roofing Products Market.
The global market is projected to grow at a CAGR of 4.1% during the forecast period, 2023-2032.
The Roofing Products Market size was valued at USD 143.7 Billion in 2023.