Roofing Materials Market Statistics:
Market Size in 2025: USD 123.2 Billion
Market Size in 2032: USD 167.23 Billion
Market Growth Rate 2025-2032: 4.46%
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Roofing Materials Market Drivers:
- Driver: Infrastructure Expansion & Urbanization to Drive the Market Growth
One of the key drivers of the Roofing Materials Industry is the rise in construction & infrastructure projects, specifically in emerging countries. Also, urbanization & the development of residential & commercial buildings are resulting in an uptake in demand for durable & reasonably priced roofing materials. Further, governments are capitalizing largely on smart cities & housing projects, generating a promising environment for roofing product producers.
According to the report, prominent players operating in the market include:
- Johns Manville Corporation
- TAMKO Building Products Inc.
- Duro-Last Inc.
- Owens Corning
- Carlisle Companies Inc.
- Firestone Building Products Company
- IKO Industries Ltd.
- GAF
- CertainTeed Corporation
- Atlas Roofing Corporation
- Others
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Key Market Segmentation
- Market Share, By Product
- Asphalt Shingles
- Concrete & Clay Tiles
- Metal Roofs
- Plastics
- Other
- Market Share, By Application
- Residential
- Non-residential
- Market Share, By Construction
- New construction
- Reroofing
- Market Share, By Design
- Flat
- Gable
- Saltbox
- Gablet
- Others
- Market Share, By Sales Channel
- Online
- Offline
- Market Share, By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
Recent News and Developments in Roofing Materials Market
· Johns Manville Corporation launched a high-performance polyiso insulation board with enhanced thermal resistance & recyclability intended for commercial roofing applications.
· TAMKO Building Products Inc., introduced a new Titan XT architectural shingle variant, highlighting improved nail zone technology for improved wind resistance.
Roofing Materials Market FAQs
- What is the current size of the roofing materials market, and how is it expected to grow by 2032?
The market is expanding steadily due to rising construction, urbanization, and renovation projects, with strong growth projected through 2032. - What are the key drivers fueling the roofing materials market?
Growth is driven by demand for durable, energy-efficient, and sustainable roofing solutions across residential, commercial, and industrial sectors. - Which segments are expected to dominate the roofing materials market during 2026–2032?
Metal roofing, asphalt shingles, and clay/concrete tiles are expected to dominate, supported by adoption in new constructions and renovations. - How is technological advancement influencing the roofing materials market?
Innovations in eco-friendly materials, insulation technologies, and energy-efficient coatings are boosting product adoption and performance. - Who are the major players in the roofing materials market, and what strategies are they using?
Key players focus on product innovation, strategic partnerships, distribution expansion, and sustainable roofing solutions. - What challenges could affect market growth in the roofing materials sector?
Challenges include high raw material costs, climate-related durability concerns, and competition from alternative roofing technologies. - What investment opportunities exist in the roofing materials market?
Opportunities lie in green roofing solutions, high-performance materials, and expansion in emerging construction markets. - How does urbanization impact demand for roofing materials?
Rising urban development, commercial complexes, and residential projects are driving higher demand for modern and durable roofing solutions. - What is the long-term market outlook for roofing materials from 2026 to 2032?
The outlook is positive, supported by sustainable construction trends, urban expansion, and adoption of advanced roofing technologies. - How are sustainability trends influencing the roofing materials market?
Growing focus on energy efficiency, eco-friendly materials, and LEED-compliant construction is boosting demand for sustainable roofing solutions.
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