Roofing Global Market is Projected to Reach $116.4 Billion by 2030: Perennial Need for Roofing in Buildings Drives Healthy Demand for Roofing Materials

Dublin, April 26, 2023 (GLOBE NEWSWIRE) -- The "Roofing: Global Strategic Business Report" report has been added to's offering.

The global market for Roofing estimated at US$78 Billion in the year 2022, is projected to reach a revised size of US$116.4 Billion by 2030, growing at a CAGR of 5.1% over the analysis period 2022-2030.

Asphalt Shingles, one of the segments analyzed in the report, is projected to record a 4.9% CAGR and reach US$35.8 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Metal segment is readjusted to a revised 6.1% CAGR for the next 8-year period.

The U.S. Market is Estimated at $18 Billion, While China is Forecast to Grow at 6.6% CAGR

The Roofing market in the U.S. is estimated at US$18 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$26 Billion by the year 2030 trailing a CAGR of 6.6% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.6% and 4.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.3% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$21.5 Billion by the year 2030.

Select Competitors (Total 128 Featured) -

  • American Hydrotech, Inc.
  • Atlas Roofing Corporation
  • Carlisle Construction Materials LLC
  • Cornerstone Building Brands
  • Duro-Last Roofing, Inc.
  • Etex Group SA
  • Firestone Building Products
  • Fletcher Insulation
  • IKO Industries, Ltd.
  • Johns Manville
  • Masterplast Group International
  • Nucor Building Systems
  • Owens Corning
  • Rockwool International A/S
  • Saint-Gobain SA
  • CertainTeed Corporation
  • Sika AG
  • Sika Sarnafil, Inc.
  • Standard Industries, Inc.
  • BMI Group
  • Braas Monier Building Group S.A.
  • BMI UK & Ireland
  • GAF
  • TAMKO Building Products, Inc.
  • The Garland Company, Inc.
  • USG Boral
  • Wienerberger AG
  • Xtratherm Limited

What`s New for 2023?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Key Attributes:

Report AttributeDetails
No. of Pages790
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$78 Billion
Forecasted Market Value (USD) by 2030$116.4 Billion
Compound Annual Growth Rate5.1%
Regions CoveredGlobal

Key Topics Covered:




  • Influencer Market Insights
  • World Market Trajectories
  • An Introduction to Roofing
  • Types of Roofing Products
  • Asphalt Shingles
  • Metal Roofing
  • Elastomeric Roofing
  • Built-up Roofs
  • Roofing Tiles
  • Modified Bitumen
  • Plastic Roofing
  • Other Types of Roofing
  • Wood
  • Slate Roofs
  • Cold-Applied Roofing and Waterproofing Systems
  • Liquid-Applied Monolithic Membrane Systems
  • Single Ply Roofing
  • Felts
  • Polyurethane Roofing Systems
  • Roofing Materials: Improving Strength, Durability and Energy Efficiency of Residential and Non-Residential Buildings
  • Residential Sector Fuels Demand for Roofing Products
  • Roofing Materials Market by Application (in %) for 2019
  • Asphalt Shingles Remain the Most Popular Roofing Material, Metal Roofs Find Acceptance
  • Asian Economies Spearhead Growth in the Global Roofing Market
  • COVID-19 Impacts Construction Industry, Affecting Prospects in Roofing Market
  • Supply Chain Disruptions
  • Companies to Gear up to Face the Crisis
  • World Construction Industry (in US$ Trillion) for the Years 2017, 2019 & 2022
  • Global Construction Output % Change in Advanced and Emerging Economies for the Years 2019, 2021, 2023 and 2025
  • Building Renovations & Reroofing: Key Revenue Contributors in Developed Markets
  • Global Residential Re-Roofing Market Share Breakup (in %) by Type: 2019
  • US Reroofing Market: Breakdown of Major Reasons for Reroofing (in %) for 2019
  • Investments in Infrastructure Projects Support Market Demand
  • Projected Infrastructure Investment Needed (in US$ Trillion) by Region Over the Period 2016-2040
  • Global Infrastructure Spending: Projected Infrastructure Investment Needs (in $ Trillion) by Sector Over the Period 2016-2040
  • Roofing - Global Key Competitors Percentage Market Share in 2022 (E)
  • Recent Market Activity
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)



  • Perennial Need for Roofing in Buildings Drives Healthy Demand for Roofing Materials
  • Major Roofing Technology Trends Summarized
  • Dark and Reflective Surfaces
  • Fireproof Roofing
  • Green Roofing
  • Insulated Roofing
  • Cool Roofing
  • Building-Integrated Photovoltaics (BIPV)
  • Solar Roofing
  • Living Roof
  • Metal Roofing
  • Roofing Colors
  • Roofing Tiles
  • Slate Roof
  • TPO Single-Ply Roofing Membranes
  • Elastomeric and Plastic Roofing
  • Flat Roofs
  • Membranes-based Flat Roofing
  • Seamless Gutter
  • Rising Significance of Environment-Friendly and Technologically-Advanced Roofing Solutions: The Fundamental Growth Driver
  • Sustainable Roofing Solutions Gain Popularity
  • Concerns over Increasing Heat and Smog in Urban Centers Necessitate Advanced Roofing Solutions
  • A Glance at Select Environment-Friendly Options for Roofing Materials
  • Surge in Energy Consumption and the Resultant Need for Energy Efficient Roofing Drives Demand for Insulated Roofs
  • Projected Global Energy Consumption in Quad Btu: 2015, 2020, 2025, 2030, 2035, 2040, 2045 and 2050
  • Projected Global Demand for Electricity (MWh) for the Years 2015, 2020, 2025, 2030 & 2035
  • US Energy Consumption by Sector (in Trillion Btu) for the Period 2015-2019
  • Climate Change and Increasing Global Temperatures Fuel Demand for Roof Insulation
  • Growing Need to Achieve Sustainability and Cost Savings Propels Demand for Green Building Materials
  • Green Roofing Technologies Offer Huge Untapped Market Potential
  • Solar Ready Roofs
  • Energy-Efficient Asphalt Shingles
  • Reflective Roof Coatings
  • Lighter Roofing Shades Find Favor
  • Despite Competition from Alternative Roofing Materials, Asphalt Shingles Continue to Maintain the Lead
  • Innovations in Asphalt Roofing Support Segment Growth
  • Hybrid Asphalt Roof Systems Find Widespread Application
  • Shingle Recycling Gathers Momentum
  • Newer Roofing Alternatives Emerge as Replacements for Conventional Materials
  • Recyclability, Sound-Proof and Durability Attributes Drive Widespread Adoption of Rubber Roofing
  • Recycled Rubber Roofing Shingles Emerge as Eco-Friendly and Cost Effective Options
  • Select Rubber Roofing Systems for Commercial and Residential Buildings
  • Rubber Roofing Shingles Make the Process of Roof Repair Easier
  • Rubber Roofing Types for Various Buildings
  • Longer Life, Fireproof, and Multiple Other Benefits Support Demand for Metal Roofing
  • Production Process of Metal Roofs
  • Training and Field Supervision Gain Importance
  • Roofing Tiles Market: Residential Construction Activity Determines Growth Trends
  • Concrete: A Timeless Roofing Material
  • Built-Up Roofing Systems Face Various Operational, Technological, and Economic Hurdles
  • Myriad Benefits Drive Demand for Fiberglass Roofing Solutions
  • Cold Applied Roofing System: An Ideal Option in High-Rise Buildings
  • Cold-Liquid-Applied Membranes: The Next Generation Roof Waterproofing Technology
  • Demographic and Economic Trends Influence Roofing Demand Dynamics
  • Urbanization Trend
  • World Urban Population in Thousands: 1950-2050P
  • Degree of Urbanization Worldwide: Urban Population as a % of Total Population by Geographic Region for the Years 1950, 1970, 1990, 2018, 2030 and 2050
  • Percentage of Urban Population in Select Countries for 2018, 2020, 2030, 2040 and 2050
  • Ballooning Global Population
  • World Population (in Thousands) by Geographic Region for the Years 2019, 2030, 2050, 2100
  • Top Countries Worldwide in Terms of Population in Millions for the Years 1990, 2019 and 2050
  • Burgeoning Middle Class Population
  • Global Middle Class Population (In Million) by Region for the Years 2020, 2025 and 2030
  • Global Middle Class Spending (US$ Trillion) by Region for the Years 2020, 2025, 2030
  • Innovations & Technology Advancements Transform Roofing Landscape
  • Advancements in Shingles Drive Considerable Improvements in Efficiency, Aesthetics and Ease of Installation
  • Recent Innovations in Asphalt Roofing Systems
  • Cool Roof Asphalt Shingles
  • Enhanced Polymer-Modified Asphalt Shingles
  • Smog Absorbing Shingles
  • Rooftop Shingles to Tap the Sun's Power
  • Weathering Steel: A Key Innovation in Steel Roofing Market
  • Screwless Metal Roofing Systems
  • Lightweight Installation Approach for Slate Roofs
  • SURE-STICKT: A Self-Adhered Roofing Membrane
  • Integrating PVC Roof Membranes with Solar Panels for Flat Roofs
  • Advanced Solar Solutions for Roofing Applications
  • Roof-Integrated Solar Systems
  • Select Rooftop Solar Technologies
  • BIPV for Rooftops
  • Novel Techniques for Roof Repairs
  • Tensile Fabrics Find Acceptance in Roofing Market
  • Nonwovens Assume an Increasingly Important Role
  • Wood Replacements
  • Futuristic Roofing Materials Technologies
  • Roofing and the Internet of Things (IoT) Technology
  • Drones: The Next Big Thing for the Roofing Industry
  • How Drones Work
  • Time-saving Technology
  • Drones: A Safer Solution?
  • Comprehensive Reporting with Diagrams
  • Expanding Applications of Drone Technology
  • Roofing Software Solutions Continue to Evolve
  • Roofing Companies Use Advanced Technologies for Safety
  • Stringent Standards and Regulatory Compliance: Major Challenges for Roofing Industry
  • Other Challenges Hampering Market Prospects for Roofing Materials
  • Fixing the Asbestos Asphyxiation: Nations Ought to Wake Up to the Alarming Problem




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Global Market for Roofing

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