Roofing Materials Market Size, Share, and Trends 2025 to 2034

What is the Roofing Materials Market Size?

The global roofing materials market size is valued at USD 144.97 billion in 2025 and is predicted to increase from USD 150.62 billion in 2026 to approximately USD 209.38 billion by 2034, growing at a CAGR of 4.13% from 2025 to 2034.Rising construction activities across the globe are expected to boost the growth of the roofing materials market.

Roofing Materials Market Key Takeaways

• In terms of revenue, the market is valued at $144.97 billion in 2025.
• It is projected to reach $209.38 billion by 2034.
• The market is expected to grow at a CAGR of 4.13% from 2025 to 2034.
• Asia Pacific dominated the global roofing materials market with the largest market share of 33% in 2024.
• North America is expected to expand at a CAGR of 3.65% during the forecast period.
• By application, the residential segment contributed the highest market share of 58% in 2024.
• By application, the non residential segment is projected to grow at a solid CAGR during the forecast period.
• By product , the concrete and clay tiles segment accounted for the highest market share of 32% in 2024.
• By product, the asphalt shingles segment is expected to grow at a CAGR of 4% during the forecast period.

What are the Impacts of AI on the Roofing Materials Market?

The integration of AI in the manufacturing processes of roofing materials helps in creating optimized roofing structures. It also helps in quality control, leading to the development of high-quality, durable roofing products that can meet stringent standards and withstand harsh conditions. AI can improve production efficiency through automation and reducing waste generation. In addition, AI-driven analytics help manufacturers forecast demand and manage inventory levels.

What are Roofing Materials?

Roofing material is material used in the furthermost layer on the roof of home or industrial or commercial space. A wide range of material used in the process is concrete & claytiles, bituminous, elastomers, Metal and plastics, among others. The material offers a wide range of advantages to the structure including water proofing and temperature control. Rising disposable income, increased affordability and easy availability of loans have led homeowners to spend further on home refurbishment and renovation. The rising consumer interest regarding home renovation and enhancing the aesthetics of structures of living provided myriad opportunities for rising products sales. Likewise, strict energy-effective home regulations and growing interest of customers in green buildings will support the penetration of product during the forecast forthcoming time period.

In addition, the emergence of reflective coatings techniques which is further applied over a dark-colored roofing materials is likely to have a positive impact over the market. In addition, reflective coatings show the property of superior heat reflection and it also reduce the overall consumption of energy of the building structure. Superior aesthetics, durability, and installation ease associated with these products are projected to propel the demand for the product. In addition, the usage of 3D printing technology in order to produce numerous roofing structural components systems is likely to boost the demand for roofing materials during the forecast period.

Roofing Materials Market Growth Factors

• Aesthetic function: Along with being an excellent protection against external factors such as fire or heavy rainfall, roofing materials also enhance the aesthetic appearance of a building.
• The boom in residential construction: With the rapid urbanization and population growth in emerging economies, the construction of residential buildings is rising, which further contributes to market expansion.
• Technological innovations: Innovations in roofing materials, such as the development of solar roofing and energy-efficient roofing products, attract a large number of consumers seeking sustainable building materials. Moreover, innovative materials like reflective roof coatings reduce heat absorption and minimize roof temperature.
• Rising concerns about climate change: Rising concerns about climate change are one of the key factors boosting the demand for roofing materials that offer better insulation.

Roofing Materials Market Outlook

• Market Growth Overview: From 2025 to 2030, roofing materials are anticipated to grow steadily due to increased construction and urban infrastructure improvements. Construction activity is causing growing demand for energy-efficient and weather-resistant roofs, particularly in North America and the Asia-Pacific, due in part to governments promoting housing schemes and home renovations in both residential and commercial construction.
• Sustainability Trends: The roofing industry is seeing a shift away from traditional materials, moving to eco-friendly roofs, including recycled shingles, roofs with integrated solar, and cool roofing. Manufacturers, including Owens Corning and GAF, are moving towards circular production systems and materials that are low emission, all in an effort to respond to stricter green building codes and materials, while also contributing to an overall reduction of global carbon footprints.
• Global Growth: The current major manufacturers of roofing are beginning to expand into rapidly growing markets in Southeast Asia, Africa, and the Middle East in order to capitalize on rising demand for durable and economical roofing systems and their overall availability. In fact, BMI Group and Saint-Gobain are developing new plants in those areas to increase their market presence.
• Key Investors: Private equity and institutional investors seek roofing companies focusing on sustainability through material usage and installation technology. Investors such as Brookfield and KKR have funded firms integrating solar, insulation, and the like into their roofing product portfolios as long-term investments.
• Startup Ecosystem: The roofing materials startup ecosystem is innovating through smart roofing, modular installations, and the use of recycled materials. Startups like Roofit.Solar (Estonia) and Reclaimed Roofs (USA) are gaining traction by integrating sustainability into tech-driven roofing efficiencies.

Market Scope

Product Insight

The concrete and clay tiles segment accounted for the highest market share of 32% in 2024. These tiles offer advantages similar as superior aesthetics, durability, versatility, and ease of recycling, and hence drive product demand.

The asphalt shingles segment is expected to grow at a CAGR of 4% during the forecast period. In addition, properties similar as cost- effectiveness, ease of installation, and longer lifetime are anticipated to drive the demand for the product. In addition, it provides water-and algae-resistant parcels with superior quality, which is likely to further boost the segment growth.

In 2024, the segment named metal roof accounted for a share of more than 20% of the market. In addition, metal roofs exhibit superior quality of durability and fire resistance, which is estimated to fuel its demand in new activities of construction. Likewise, the adoption of Metal roofing in artificial operations on account of advantages similar as easy installation is anticipated to drive the segment growth.

The plastic roofs segment is anticipated to register significant CAGR during the forecast period owing to advantages similar as low conservation and ease of installation.

Application Insight

The residential segment contributed the highest market share of 58% in 2024. Growing institutional and governmental support for the housing development structure in arising economies is the factor propelling the demand for roofing material for domestic purposes. Furthermore, the crucial factors driving the demand for roofing material for domestic operations include adding population and growing preference for single- family housing structures. Likewise, the easy availability of low- interest rates and credits plays an essential part in the overall demand for residential buildings.

Upsurge in investments for the construction and renovation of social architectures, similar as hospitals, educational buildings, government services, and correction installations is anticipated to drive the demand for roofing material for non-residential application.

Likewise, the surge in popularity of online shopping is anticipated to boost the growth of marketable construction units similar as sorting installations, storages, and distribution centers. Growing investments in the development of data centers by major technology enterprises similar as Microsoft, Google, and Amazon is also projected to positively impact the implicit demand for roofing material.

The roofing material market is highly fragmented with the presence of several local and global companies. These market players are striving to gain higher market share by adopting strategies, such as investments, partnerships, and acquisitions & mergers. Companies are also spending on the development of improved products. Moreover, they are also focusing on maintaining competitive pricing.

Key players operating in the market are majorly focusing towards increasing their market share by offering a varied range of easy, durable and quick to install roofing materials. Moreover, these key players have further developed an extensive authorized roofing contractor's network in order to ensure the roof installation quality in order to increase their customer base. Also, the key market players include in the study of roofing material market are Boral Ltd., GAF Materials Corporation, BraasMonier Building Group, Atlas Roofing Corporation, Owens Corning, Carlisle Companies Inc. and Johns Manvill.

Regional Insights

Asia Pacific Roofing Materials Market Size and Growth 2025 to 2034

The Asia Pacific roofing materials market size is estimated at USD 47.84 billion in 2025 and is anticipated to surpass around USD 70.14 billion by 2034, rising at a CAGR of 4.28% from 2025 to 2034.

Asia Pacific dominated the global roofing materials market with the largest market share of 33% in 2024. This dominance is credited to strong profitable regional growth. In addition, presence of various manufacturers of the product along with the huge population of the region is boosting the growth of the product. Furthermore, this region comprise of more than55% of the global population along with production hub for automotive and electronics industry. Farther rising disposable income and growing domestic sector across Indonesia, China, India, and South Korea are fueling the industry growth.

The roofing material demand in the region Asia Pacific is in line with the progress of the sector of construction, which comprise of home renovation and new construction conditioning. Rise in industrial operations, especially in India and China coupled with population expansion, has led to an increased demand for structure and construction activities, latterly driving the demand for roofing material.

The roofing materials market is predominantly led by the Asia-Pacific region, buoyed by rapid urbanization, considerable population growth, and increasing construction activities. Key countries such as China and India witness robust infrastructure development, thereby creating a significant demand for roofing materials across various sectors, including residential, commercial, and industrial. The surge in urban development initiatives aligns with rising disposable incomes, enabling a larger portion of the population to invest in new construction or renovations, thus amplifying the demand for innovative roofing solutions capable of supporting diverse architectural needs.

Meanwhile, North America's roofing materials market is also flourishing, driven by a combination of economic strength, population increases, and a prominent surge in construction activities for both residential and commercial properties. The ongoing trend of home renovations and large-scale redevelopment projects contributes to escalating demand for roofing materials. The robust U.S. economy, coupled with a burgeoning population, necessitates the construction of new single-family homes and commercial buildings, driving a strong market for various roofing solutions.

In Middle East and Africa, the demand for roofing material is primarily driven by the rapid growth of the domestic construction sector in Kenya, Nigeria, Egypt, and Ethiopia. In addition, the constant construction smash in Qatar, Saudi Arabia, and UAE are producing high demand for the material of roofing.

Europe: Where Green Roofs Meet Golden Standards

Europe had a strong position in the roofing materials market due to advanced construction regulations, energy-efficient building codes, and demand for sustainable materials. Opportunities existed in green roofing systems, recycled materials, and smart roofing technologies, particularly in urban areas.

Within Europe, Germany led the roofing materials market, focusing on environmentally sustainable roofing, demand for energy design regulations, as well as research and development of innovative solar-integrated roofs. Germany's solid and resilient construction industry, coupled with a strongly rooted culture of sustainability, supported steady growth.

Latin America: Emerging Roofscapes of a Growing Continent

Latin America exhibited moderate growth due to higher construction activities, urbanization, and financing for affordable housing. There were opportunities for lightweight, weather-resistant roofing systems appropriate for climate variations in the region.

Brazil is leading the Latin American market because of its housing sector, increasing industrial construction, and the uptake of low-cost roofing materials. Recently, some local manufacturers have increased their capacity to serve urban housing development.

Middle East & Africa: Strong Roofs, Strong Growth for a New Era

The Middle East & Africa market steadily expanded due to urban growth projects, tourism construction, and increased investment in non-residential sectors. There were opportunities for components, such as thermal-resistant roofs and integrated solar products designed for hot climates.

Saudi Arabia drove market growth in the MEA region due to construction projects aligned with Vision 2030 and the demand for superior, weather-resilient roofs. Moreover, support from the government, such as investments, drove the development of advanced materials.

Value Chain Analysis

• Feedstock Procurement: This stage involves sourcing and procuring raw materials such as asphalt, aggregates, fiberglass mats, and polymers necessary for roofing material manufacture.
  Key Players: GAF, Owens Corning, CertainTeed, IKO
• Chemical Synthesis and Processing: It involves chemical reactions and physical processes that convert raw materials into roofing components, such as refining asphalt or producing fiberglass mats.
  Key players: BASF SE, Dow (formerly The Dow Chemical Company), DuPont, Sika AG
• Compound Formulation and Blending: During this stage, the various ingredients are mixed and formulated to obtain the required properties of the roofing materials; e.g., waterproofing and strength.
  Key players: GAF, Sika AG, BASF SE, Dow
• Quality Testing and Certification: This stage ensures that performance standards and regulatory requirements for roof materials in strength, weather resistance, and safety will be tested and certified.
  Key Players: American Society for Testing and Materials, ACE Laboratories
• Packaging and Labelling: Packaging of the roofing material in approved containers included labeling with product information, branding, and handling instructions for distribution.
  Key Players: SGS, Shrink-wrap and plastic packaging manufacturers
• Distribution to industrial Users: This stage includes logistics and transport for the delivery of packaged roofing materials to industrial customers such as construction companies, contractors, or wholesalers.
  Key Players: Tata Steel, Everest Industries Ltd, JSW Steel, Tata Blue Scope Steel Pvt Ltd
• Waste Management and Recycling: This includes collection, treatment, and disposal of waste generated during production and installation, as well as fostering the recycling of roofing materials at the end of their lifecycle.
  Key Players: Antony Waste Handling Cell Ltd, Re Sustainability Limited, Saahas Zero Waste
• Regulatory Compliance and Safety Monitoring: It includes ensuring that all requirements about building codes, environmental regulations, and safety standards are upheld during the manufacture, distribution, and use of roofing materials.
  Key Players: Bureau of Indian Standards (BIS), Indian Green Building Council (IGBC), Bureau of Energy Efficiency (BEE)

Roofing Materials Market Companies

• 3M Company
• Atlas Roofing Corporation
• BASF SE
• Johns Manville
• Duro-Last, Inc.
• E. I. Du Pont De Nemours, Inc.
• Owens Corning
• Sika AG
• Standard Industries Inc.
• The Dow Chemical Company

Latest Announcement by Industry Leader

• In August 2024, KPG Roofings, India's premier roof tile brand and the largest seller of ceramic roof tiles, announced the commencement of its domestic production of ceramic roof tiles in Gujarat. Rajeel KP, Director of KPG Roofings, stated that this significant initiative marks the first time ceramic roof tiles will be manufactured within the country, allowing the company to meet the growing demand for premium roofing tiles, enhancing product availability, and contributing to the local economy.

Segments Covered in the Report

By Product

• Asphalt Shingles
• Concrete & Clay Tiles
• Metal Roofs
• Plastics
• Bituminous
• Elastomer
• Others

By Application

• Non residential
• Residential

By Construction

• New construction
• Reroofing

By Geography

• North America
• U.S.
• Canada
• Europe
• U.K.
• Germany
• France
• Asia-Pacific
• China
• India
• Japan
• South Korea
• Malaysia
• Philippines
• Latin America
• Brazil
• Rest of Latin America
• Middle East & Africa (MEA)
• GCC
• North Africa
• South Africa
• Rest of the Middle East & Africa