Global Roofing Materials Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product;

Tile, Metal , Plastic , Clay & Concrete Tiles , Asphalt Shingles and Others.

By Application;

Residential and Non-residential.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn107324657 Published Date: January, 2025 Updated Date: February, 2025

Introduction

Global Roofing Materials Market (USD Million), 2021 - 2031

In the year 2024, the Global Roofing Materials Market was valued at USD 137,620.08 million. The size of this market is expected to increase to USD 178,674.79 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 3.8%.

The global roofing materials market is a vital sector within the construction industry, encompassing a diverse array of materials essential for sheltering buildings worldwide. Roofing materials play a crucial role in protecting structures from environmental elements while contributing to energy efficiency, aesthetic appeal, and structural integrity. This market spans a broad spectrum of products, ranging from traditional materials like asphalt shingles, tiles, and metal roofing to advanced membranes and sustainable options designed to meet modern construction demands.

Key drivers of the global roofing materials market include urbanization trends, which fuel demand for new residential and commercial constructions, as well as extensive renovation and remodeling activities. As populations grow and urban areas expand, the need for durable, weather-resistant roofing materials continues to rise. Moreover, increasing awareness about sustainability and energy efficiency is reshaping market dynamics, with a growing emphasis on eco-friendly materials and technologies that reduce environmental impact and operational costs over the lifespan of buildings.

The market exhibits varied dynamics across regions, influenced by local building codes, climatic conditions, and economic factors. Developed regions such as North America and Western Europe lead in terms of market maturity and innovation, while emerging economies in Asia-Pacific and Latin America present significant growth opportunities driven by rapid urbanization and infrastructure development. Overall, the global roofing materials market is characterized by innovation, regulatory influences, and shifting consumer preferences, positioning it as a critical sector within the broader construction industry landscape.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global Roofing Materials Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Urbanization
        2. Increasing construction activities
        3. Growing awareness about energy efficiency
        4. Technological advancements
        5. Stringent building codes and regulations
      2. Restraints
        1. Fluctuating raw material prices
        2. High initial installation costs
        3. Limited availability of skilled labor
        4. Environmental concerns
        5. Market saturation in developed regions
      3. Opportunities
        1. Expansion in emerging markets
        2. Renovation and remodeling activities
        3. Integration of sustainable roofing materials
        4. Development of smart roofing technologies
        5. Strategic alliances and partnerships
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Roofing Materials Market, By Product, 2021 - 2031 (USD Million)
      1. Tile
      2. Metal
      3. Plastic
      4. Clay & Concrete Tiles
      5. Asphalt Shingles
      6. Others
    2. Global Roofing Materials Market, By Application, 2021 - 2031 (USD Million)
      1. Residential
      2. Non-residential
    3. Global Roofing Materials Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia/New Zealand
        5. South Korea
        6. ASEAN
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Braas Monier Building Group
      2. Johns Manville (Berkshire Hathaway)
      3. GAF Materials Corporation (Standard Industries)
      4. IKO Industries Ltd.
      5. TAMKO Building Products LLC
      6. Carlisle Companies Inc.
  7. Analyst Views
  8. Future Outlook of the Market