The report highlights the increasing demand for roofing materials owing to the increasing spending on renovation of commercial and residential construction. Consegic Business Intelligence study also provides insights into the market's competitive landscape, market segmentation, regional outlook, and emerging technologies in the roofing materials market.
The roofing materials market is divided into by type, by construction type, and by end-user. Based on type, the market is segmented into asphalt shingles, metal roofing, solar roof tiles, stone-coated steel, concrete & clay tile roofs, slate, and others. In 2022, the asphalt shingles segment accounted for the highest market share in the roofing materials market. On the basis of construction type, the market is categorized into new roofing and reroofing. In 2022, the reroofing segment accounted for the highest market share in the overall roofing materials market. On the basis of end-user, the market is categorized into residential, commercial, and industrial. In 2022, the residential segment accounted for the highest market share in the overall roofing materials market.Get Free Sample
|Report Attributes||Report Details|
|By Type||Asphalt Shingles, Metal Roofing, Solar Roof Tiles, Stone-coated steel, Concrete & Clay Tile Roofs, Slate, and Others|
|By Construction Type||New Roofing and Reroofing|
|By End-User||Residential, Commercial, and Industrial|
|By Region||North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa|
The market is dominated by certain major companies such as GAF Materials Corporation, IKO Industries Ltd., and Owens Corning among others have a strong market position in current market circumstances. Further, the roofing materials market is expected to witness significant growth in the coming years due rise in construction activity globally. The market players compete for a firm market position through mergers and acquisitions, construction innovations, and business strategies. Thus, evolving research and developments are expected to help market players adopt innovative ways of construction creation to cater to the growing needs of various applications.