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GLOBAL ROOFING MATERIAL MARKET FORECAST 2024-2032

SCOPE OF THE REPORT

Global Roofing Material Market by Product (Asphalt Shingles, Concrete & Clay Tiles, Metal Roofs, Plastics, Other Products) Market by Application (Residential, Non-residential) by Geography

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MARKET OVERVIEW

The global roofing material market was valued at $xx million in 2023 and is expected to reach $xx million by 2032, growing at a CAGR of 3.90% during the forecast period, 2024-2032.

Roofing materials refer to the various substances or products used to cover and protect the roof of a building. These materials are selected based on factors such as the climate of the region, the architectural style of the structure, budget considerations, and local building codes. Common types of roofing materials include asphalt shingles, metal, wood, clay or concrete tiles, slate, synthetic materials, membrane roofing (like TPO or EPDM), and green roofing. The choice of roofing material significantly impacts the durability, aesthetics, and functionality of a building’s roof, providing protection against weather elements such as rain, snow, wind, and sunlight.

Roofing Material Market

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GROWTH ENABLERS

Key enablers of the global roofing material market growth are: 

  • Increasing infrastructure development and rising construction activities
  • Growing customer interest in green buildings
  • Advanced technologies shaping the future of roofing materials
    • The roofing material market is transitioning, driven by the integration of advanced technologies. Emerging innovations like 3D printing enable the rapid production of customized roofing components, reducing waste and ensuring precision with intricate designs. 
    • Nanotechnology, operating at the molecular level, enhances roofing materials’ properties, making them more resistant to UV rays, improving thermal performance, and extending lifespan. Whereas robotics, employed in large commercial roofing projects, ensures accuracy, expedites processes, and mitigates risks associated with manual labor. 
    • Moreover, the incorporation of IoT sensors in smart roofs allows for real-time monitoring of parameters like temperature and structural integrity, facilitating proactive maintenance by alerting homeowners or building managers to potential issues. These technological advancements collectively define a forward-looking trajectory for the roofing materials market, emphasizing efficiency, precision, and proactive maintenance practices.

GROWTH RESTRAINTS

Key growth restraining factors of the global roofing material market are:

  • Volatility in raw material prices
    • The global roofing material market grapples with significant challenges arising from price fluctuations in essential elements like asphalt, metal, and wood. Residential roofing companies, heavily reliant on these materials, are hindered from preserving profit margins and devising effective pricing strategies. 
    • The market’s dependence on asphalt, metal, and tiles exposes it to volatile price shifts driven by supply-demand imbalances, regulatory changes, and external factors like natural disasters and geopolitical tensions. 
    • This unpredictability in raw material costs directly impacts the profitability of roofing companies and could elevate consumer prices for roofing services, potentially decreasing demand.
    • The resultant constraint on the growth of the global roofing material market emerges from the complexities faced by companies in managing costs and sustaining competitive pricing models amidst this volatility.

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KEY MARKET TRENDS

Global Roofing Material Market | Top Trends

  • There is a growing demand for bituminous roofing due to its affordability, durability (25-30 years), and adaptability to diverse climates, offering excellent protection against elements, including strong winds (Class H). This trend emphasizes cost-effectiveness, resilience, and aesthetic appeal.
  • There is an increasing demand for metal roofing, driven by its outstanding fire-resistant characteristics. This emerging trend reflects an industry-wide emphasis on safety and durability, positioning metal roofing as a preferred choice in the market.

MARKET SEGMENTATION

Market Segmentation – Product and Application –

Market by Product:

  • Asphalt Shingles
    • These roofing materials are highly favored for their affordability, durability, and versatility. With a diverse range of colors and styles, they prove suitable for various architectural designs.
    • The ease of installation makes asphalt shingles a popular choice for residential roofing projects. Additionally, their weather-resistant properties offer effective protection against elements such as rain, snow, and UV rays. 
    • The lifespan of asphalt shingles typically spans from 15-30 years, contingent on factors like maintenance and climate. The dominance of this product in the roofing market can be attributed to its cost-effectiveness, installation convenience, and aesthetic appeal.
  • Concrete & Clay Tiles
  • Metal Roofs
  • Plastics
  • Other Products

Market by Application:

  • Residential
  • Non-Residential
    • Non-residential is expected to be the fastest-growing application over the forecast years 2024-2032. Encompassing commercial, industrial, and institutional structures, non-residential roofing caters to diverse buildings like offices, factories, schools, hospitals, and public facilities. 
    • The material selection is influenced by factors such as building purpose, design requirements, and durability needs, with commonly used materials including metal roofing for industrial facilities and membrane roofing for commercial structures.
    • The demand for robust, long-lasting solutions to meet the specific challenges of commercial and institutional environments is driving the growth of the non-residential roofing market.

GEOGRAPHICAL STUDY

Geographical Study based on Four Major Regions: 

  • North America: The United States and Canada
    • North America is the largest regional market as of 2023. North America boasts a vast and diverse housing stock, encompassing single-family homes, multi-unit dwellings, and commercial buildings. This translates to a significant demand for both new roofs and ongoing maintenance and replacement, driving a robust market for roofing materials.
    • Moreover, the increasing awareness of environmental concerns and energy efficiency is driving demand for sustainable roofing solutions like metal roofs with recycled content and green roofs. Additionally, renovation trends in older buildings contribute to the growing need for roofing replacements and upgrades. 
  • Europe: The United Kingdom, Germany, France, Italy, Spain, Belgium, Poland, and Rest of Europe
  • Asia-Pacific: China, Japan, India, South Korea, Indonesia, Thailand, Vietnam, Australia & New Zealand, and Rest of Asia-Pacific 
  • Rest of World: Latin America, the Middle East & Africa

MAJOR PLAYERS

The major players in the global roofing material market are:

  • Boral 
  • Carlisle Companies INC
  • CSR Limited
  • Fletcher Building Limited
  • Johns Manville 
  • Owens Corning
  • Wienerberger AG

Key strategies adopted by some of these companies:

  • In June 2023, Saint-Gobain concluded a definitive agreement to purchase building products from Canada Corp.
  • In February 2022, Johns Manville unveiled two innovative products tailored for bituminous roofing systems aimed at enhancing productivity on the rooftop.

REPORT SYNOPSIS

REPORT SCOPEDETAILS
Market Forecast Years2024-2032
Base Year2023
Market Historical Years2018-2022
Forecast UnitsRevenue ($ Million)
Segments AnalyzedProduct and Application
Geographies AnalyzedNorth America, Europe, Asia-Pacific, and Rest of World
Companies AnalyzedAtlas Roofing Corporation, Boral, Carlisle Companies INC, Certainteed LLC, Crown Roof Tiles, CSR Limited, Etex, Fletcher Building Limited, GAF Materials Corporation, Johns Manville, Metal Sales Manufacturing Corporation, Owens Corning, Tamko Building Products LLC, Wienerberger AG

TABLE OF CONTENTS

  1. RESEARCH SCOPE & METHODOLOGY
    1. STUDY OBJECTIVES
    2. METHODOLOGY
    3. ASSUMPTIONS & LIMITATIONS
  2. EXECUTIVE SUMMARY
    1. MARKET SIZE & ESTIMATES
    2. MARKET OVERVIEW
    3. SCOPE OF STUDY
    4. CRISIS SCENARIO ANALYSIS
    5. MAJOR MARKET FINDINGS
  3. MARKET DYNAMICS
    1. KEY DRIVERS
      1. INCREASING INFRASTRUCTURE DEVELOPMENT AND RISING CONSTRUCTION ACTIVITIES
      2. GROWING CUSTOMER INTEREST IN GREEN BUILDINGS
      3. ADVANCED TECHNOLOGIES SHAPING THE FUTURE OF ROOFING MATERIALS
    2. KEY RESTRAINTS
      1. VOLATILITY IN RAW MATERIAL PRICES
  4. KEY ANALYTICS
    1. KEY MARKET TRENDS
    2. PORTER’S FIVE FORCES ANALYSIS
      1. BUYERS POWER
      2. SUPPLIERS POWER
      3. SUBSTITUTION
      4. NEW ENTRANTS
      5. INDUSTRY RIVALRY
    3. GROWTH PROSPECT MAPPING
    4. MARKET MATURITY ANALYSIS
    5. MARKET CONCENTRATION ANALYSIS
  5. MARKET BY PRODUCT
    1. ASPHALT SHINGLES
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    2. CONCRETE & CLAY TILES
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    3. METAL ROOFS
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    4. PLASTICS
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    5. OTHER PRODUCTS 
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
  6. MARKET BY APPLICATION
    1. RESIDENTIAL
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    2. NON-RESIDENTIAL
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
  7. GEOGRAPHICAL ANALYSIS
    1. NORTH AMERICA
      1. MARKET SIZE & ESTIMATES
      2. NORTH AMERICA ROOFING MATERIAL MARKET DRIVERS 
      3. NORTH AMERICA ROOFING MATERIAL MARKET CHALLENGES
      4. KEY PLAYERS IN NORTH AMERICA ROOFING MATERIAL MARKET
      5. COUNTRY ANALYSIS
        1. UNITED STATES
          1. UNITED STATES ROOFING MATERIAL MARKET SIZE & OPPORTUNITIES
        2. CANADA
          1. CANADA ROOFING MATERIAL MARKET SIZE & OPPORTUNITIES
    2. EUROPE
      1. MARKET SIZE & ESTIMATES
      2. EUROPE ROOFING MATERIAL MARKET DRIVERS
      3. EUROPE ROOFING MATERIAL MARKET CHALLENGES
      4. KEY PLAYERS IN EUROPE ROOFING MATERIAL MARKET
      5. COUNTRY ANALYSIS
        1. UNITED KINGDOM
          1. UNITED KINGDOM ROOFING MATERIAL MARKET SIZE & OPPORTUNITIES
        2. GERMANY
          1. GERMANY ROOFING MATERIAL MARKET SIZE & OPPORTUNITIES
        3. FRANCE
          1. FRANCE ROOFING MATERIAL MARKET SIZE & OPPORTUNITIES
        4. ITALY
          1. ITALY ROOFING MATERIAL MARKET SIZE & OPPORTUNITIES
        5. SPAIN
          1. SPAIN ROOFING MATERIAL MARKET SIZE & OPPORTUNITIES
        6. BELGIUM
          1. BELGIUM ROOFING MATERIAL MARKET SIZE & OPPORTUNITIES
        7. POLAND
          1. POLAND ROOFING MATERIAL MARKET SIZE & OPPORTUNITIES
        8. REST OF EUROPE
          1. REST OF EUROPE ROOFING MATERIAL MARKET SIZE & OPPORTUNITIES
    3. ASIA-PACIFIC
      1. MARKET SIZE & ESTIMATES
      2. ASIA-PACIFIC ROOFING MATERIAL MARKET DRIVERS
      3. ASIA-PACIFIC ROOFING MATERIAL MARKET CHALLENGES
      4. KEY PLAYERS IN ASIA-PACIFIC ROOFING MATERIAL MARKET
      5. COUNTRY ANALYSIS
        1. CHINA
          1. CHINA ROOFING MATERIAL MARKET SIZE & OPPORTUNITIES
        2. JAPAN
          1. JAPAN ROOFING MATERIAL MARKET SIZE & OPPORTUNITIES
        3. INDIA
          1. INDIA ROOFING MATERIAL MARKET SIZE & OPPORTUNITIES
        4. SOUTH KOREA
          1. SOUTH KOREA ROOFING MATERIAL MARKET SIZE & OPPORTUNITIES
        5. INDONESIA
          1. INDONESIA ROOFING MATERIAL MARKET SIZE & OPPORTUNITIES
        6. THAILAND
          1. THAILAND ROOFING MATERIAL MARKET SIZE & OPPORTUNITIES
        7. VIETNAM
          1. VIETNAM ROOFING MATERIAL MARKET SIZE & OPPORTUNITIES
        8. AUSTRALIA & NEW ZEALAND
          1. AUSTRALIA & NEW ZEALAND ROOFING MATERIAL MARKET SIZE & OPPORTUNITIES
        9. REST OF ASIA-PACIFIC
          1. REST OF ASIA-PACIFIC ROOFING MATERIAL MARKET SIZE & OPPORTUNITIES
    4. REST OF WORLD
      1. MARKET SIZE & ESTIMATES
      2. REST OF WORLD ROOFING MATERIAL MARKET DRIVERS
      3. REST OF WORLD ROOFING MATERIAL MARKET CHALLENGES
      4. KEY PLAYERS IN REST OF WORLD ROOFING MATERIAL MARKET
      5. REGIONAL ANALYSIS
        1. LATIN AMERICA
          1. LATIN AMERICA ROOFING MATERIAL MARKET SIZE & OPPORTUNITIES
        2. MIDDLE EAST & AFRICA
          1. MIDDLE EAST & AFRICA ROOFING MATERIAL MARKET SIZE & OPPORTUNITIES
  8. COMPETITIVE LANDSCAPE
    1. KEY STRATEGIC DEVELOPMENTS
      1. MERGERS & ACQUISITIONS
      2. PARTNERSHIPS & AGREEMENTS
      3. BUSINESS EXPANSIONS & DIVESTITURES
    2. COMPANY PROFILES
      1. ATLAS ROOFING CORPORATION
        1. COMPANY OVERVIEW
        2. PRODUCTS
        3. STRENGTHS & CHALLENGES  
      2. BORAL 
        1. COMPANY OVERVIEW
        2. PRODUCTS
        3. STRENGTHS & CHALLENGES  
      3. CARLISLE COMPANIES INC
        1. COMPANY OVERVIEW
        2. PRODUCTS
        3. STRENGTHS & CHALLENGES  
      4. CERTAINTEED LLC
        1. COMPANY OVERVIEW
        2. PRODUCTS
        3. STRENGTHS & CHALLENGES  
      5. CROWN ROOF TILES
        1. COMPANY OVERVIEW
        2. PRODUCTS
        3. STRENGTHS & CHALLENGES  
      6. CSR LIMITED
        1. COMPANY OVERVIEW
        2. PRODUCTS
        3. STRENGTHS & CHALLENGES  
      7. ETEX
        1. COMPANY OVERVIEW
        2. PRODUCTS
        3. STRENGTHS & CHALLENGES  
      8. FLETCHER BUILDING LIMITED
        1. COMPANY OVERVIEW
        2. PRODUCTS
        3. STRENGTHS & CHALLENGES  
      9. GAF MATERIALS CORPORATION
        1. COMPANY OVERVIEW
        2. PRODUCTS
        3. STRENGTHS & CHALLENGES  
      10. JOHNS MANVILLE
        1. COMPANY OVERVIEW
        2. PRODUCTS
        3. STRENGTHS & CHALLENGES  
      11. METAL SALES MANUFACTURING CORPORATION
        1. COMPANY OVERVIEW
        2. PRODUCTS
        3. STRENGTHS & CHALLENGES  
      12. OWENS CORNING
        1. COMPANY OVERVIEW
        2. PRODUCTS
        3. STRENGTHS & CHALLENGES  
      13. TAMKO BUILDING PRODUCTS LLC
        1. COMPANY OVERVIEW
        2. PRODUCTS
        3. STRENGTHS & CHALLENGES  
      14. WIENERBERGER AG
        1. COMPANY OVERVIEW
        2. PRODUCTS
        3. STRENGTHS & CHALLENGES

LIST OF TABLES

TABLE 1: MARKET SNAPSHOT – ROOFING MATERIAL 

TABLE 2: GLOBAL ROOFING MATERIAL MARKET, BY PRODUCT, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 3: GLOBAL ROOFING MATERIAL MARKET, BY PRODUCT, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 4: GLOBAL ASPHALT SHINGLES MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 5: GLOBAL ASPHALT SHINGLES MARKET, BY REGION, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 6: GLOBAL CONCRETE & CLAY TILES MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 7: GLOBAL CONCRETE & CLAY TILES MARKET, BY REGION, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 8: GLOBAL METAL ROOFS MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 9: GLOBAL METAL ROOFS MARKET, BY REGION, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 10: GLOBAL PLASTICS MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 11: GLOBAL PLASTICS MARKET, BY REGION, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 12: GLOBAL OTHER PRODUCTS MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 13: GLOBAL OTHER PRODUCTS MARKET, BY REGION, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 14: GLOBAL ROOFING MATERIAL MARKET, BY APPLICATION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 15: GLOBAL ROOFING MATERIAL MARKET, BY APPLICATION, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 16: GLOBAL RESIDENTIAL MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 17: GLOBAL RESIDENTIAL MARKET, BY REGION, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 18: GLOBAL NON-RESIDENTIAL MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 19: GLOBAL NON-RESIDENTIAL MARKET, BY REGION, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 20: GLOBAL ROOFING MATERIAL MARKET, BY GEOGRAPHY, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 21: GLOBAL ROOFING MATERIAL MARKET, BY GEOGRAPHY, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 22: NORTH AMERICA ROOFING MATERIAL MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 23: NORTH AMERICA ROOFING MATERIAL MARKET, BY COUNTRY, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 24: KEY PLAYERS OPERATING IN NORTH AMERICA ROOFING MATERIAL MARKET

TABLE 25: EUROPE ROOFING MATERIAL MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 26: EUROPE ROOFING MATERIAL MARKET, BY COUNTRY, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 27: KEY PLAYERS OPERATING IN EUROPE ROOFING MATERIAL MARKET

TABLE 28: ASIA-PACIFIC ROOFING MATERIAL MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 29: ASIA-PACIFIC ROOFING MATERIAL MARKET, BY COUNTRY, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 30: KEY PLAYERS OPERATING IN ASIA-PACIFIC ROOFING MATERIAL MARKET

TABLE 31: REST OF WORLD ROOFING MATERIAL MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 32: REST OF WORLD ROOFING MATERIAL MARKET, BY REGION, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 33: KEY PLAYERS OPERATING IN REST OF WORLD ROOFING MATERIAL MARKET

TABLE 34: LIST OF MERGERS & ACQUISITIONS

TABLE 35: LIST OF PARTNERSHIPS & AGREEMENTS

TABLE 36: LIST OF BUSINESS EXPANSIONS & DIVESTITURES

LIST OF FIGURES 

FIGURE 1: KEY MARKET TRENDS

FIGURE 2: PORTER’S FIVE FORCES ANALYSIS

FIGURE 3: GROWTH PROSPECT MAPPING FOR UNITED STATES

FIGURE 4: GROWTH PROSPECT MAPPING FOR GERMANY

FIGURE 5: GROWTH PROSPECT MAPPING FOR JAPAN

FIGURE 6: GROWTH PROSPECT MAPPING FOR BRAZIL

FIGURE 7: MARKET MATURITY ANALYSIS

FIGURE 8: MARKET CONCENTRATION ANALYSIS

FIGURE 9: GLOBAL ROOFING MATERIAL MARKET, GROWTH POTENTIAL, BY PRODUCT, IN 2023

FIGURE 10: GLOBAL ROOFING MATERIAL MARKET, BY ASPHALT SHINGLES, 2024-2032 (IN $ MILLION)

FIGURE 11: GLOBAL ROOFING MATERIAL MARKET, BY CONCRETE & CLAY TILES, 2024-2032 (IN $ MILLION)

FIGURE 12: GLOBAL ROOFING MATERIAL MARKET, BY METAL ROOFS, 2024-2032 (IN $ MILLION)

FIGURE 13: GLOBAL ROOFING MATERIAL MARKET, BY PLASTICS, 2024-2032 (IN $ MILLION)

FIGURE 14: GLOBAL ROOFING MATERIAL MARKET, BY OTHER PRODUCTS, 2024-2032 (IN $ MILLION) 

FIGURE 15: GLOBAL ROOFING MATERIAL MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2023

FIGURE 16: GLOBAL ROOFING MATERIAL MARKET, BY RESIDENTIAL, 2024-2032 (IN $ MILLION)

FIGURE 17: GLOBAL ROOFING MATERIAL MARKET, BY NON-RESIDENTIAL, 2024-2032 (IN $ MILLION)

FIGURE 18: NORTH AMERICA ROOFING MATERIAL MARKET, COUNTRY OUTLOOK, 2023 & 2032 (IN %) 

FIGURE 19: UNITED STATES ROOFING MATERIAL MARKET, 2024-2032 (IN $ MILLION)

FIGURE 20: CANADA ROOFING MATERIAL MARKET, 2024-2032 (IN $ MILLION)

FIGURE 21: EUROPE ROOFING MATERIAL MARKET, COUNTRY OUTLOOK, 2023 & 2032 (IN %)

FIGURE 22: UNITED KINGDOM ROOFING MATERIAL MARKET, 2024-2032 (IN $ MILLION)

FIGURE 23: GERMANY ROOFING MATERIAL MARKET, 2024-2032 (IN $ MILLION)

FIGURE 24: FRANCE ROOFING MATERIAL MARKET, 2024-2032 (IN $ MILLION)

FIGURE 25: ITALY ROOFING MATERIAL MARKET, 2024-2032 (IN $ MILLION)

FIGURE 26: SPAIN ROOFING MATERIAL MARKET, 2024-2032 (IN $ MILLION)

FIGURE 27: BELGIUM ROOFING MATERIAL MARKET, 2024-2032 (IN $ MILLION)

FIGURE 28: POLAND ROOFING MATERIAL MARKET, 2024-2032 (IN $ MILLION)

FIGURE 29: REST OF EUROPE ROOFING MATERIAL MARKET, 2024-2032 (IN $ MILLION)

FIGURE 30: ASIA-PACIFIC ROOFING MATERIAL MARKET, COUNTRY OUTLOOK, 2023 & 2032 (IN %)

FIGURE 31: CHINA ROOFING MATERIAL MARKET, 2024-2032 (IN $ MILLION)

FIGURE 32: JAPAN ROOFING MATERIAL MARKET, 2024-2032 (IN $ MILLION)

FIGURE 33: INDIA ROOFING MATERIAL MARKET, 2024-2032 (IN $ MILLION)

FIGURE 34: SOUTH KOREA ROOFING MATERIAL MARKET, 2024-2032 (IN $ MILLION)

FIGURE 35: INDONESIA ROOFING MATERIAL MARKET, 2024-2032 (IN $ MILLION)

FIGURE 36: THAILAND ROOFING MATERIAL MARKET, 2024-2032 (IN $ MILLION)

FIGURE 37: VIETNAM ROOFING MATERIAL MARKET, 2024-2032 (IN $ MILLION)

FIGURE 38: AUSTRALIA & NEW ZEALAND ROOFING MATERIAL MARKET, 2024-2032 (IN $ MILLION)

FIGURE 39: REST OF ASIA-PACIFIC ROOFING MATERIAL MARKET, 2024-2032 (IN $ MILLION)

FIGURE 40: REST OF WORLD ROOFING MATERIAL MARKET, REGIONAL OUTLOOK, 2023 & 2032 (IN %)

FIGURE 41: LATIN AMERICA ROOFING MATERIAL MARKET, 2024-2032 (IN $ MILLION)

FIGURE 42: MIDDLE EAST & AFRICA ROOFING MATERIAL MARKET, 2024-2032 (IN $ MILLION)

FAQ’s

FAQs

Asphalt shingles are generally considered the most cost-effective roofing material. They are affordable and easy to install, making them a popular choice for many homeowners.

Yes, several eco-friendly roofing options exist, such as metal roofing (recyclable), clay tiles (natural and long-lasting), and some synthetic roofing materials made from recycled materials.

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