As per MRFR Analysis, the Global Roofing Materials Market was valued at USD 89.32 billion in 2023 and is projected to reach USD 123.18 billion by 2032, growing at a CAGR of 3.58% from 2024 to 2032. The market is driven by increased demand from both residential and non-residential sectors, rapid growth in the construction industry, and the rising popularity of roofing systems. Key trends include the growing demand for bituminous roofing materials, advancements in roofing technology, and the increasing focus on eco-friendly and smart roofing solutions.
The roofing materials market is witnessing significant trends that are shaping its growth trajectory.
Key players include GAF Materials Corporation, Atlas Roofing Corporation, CertainTeed Corporation, Owens Corning Corp., Braas Monier Building Group S.A., Etex, Fletcher Building Limited, TAMKO Building Products, Inc., and Icopal Holding Aps.
Numerous factors are driving key developments in the  roofing materials market. The growing need for energy-efficient and sustainable building solutions is one of the main factors propelling the market. Stricter building norms and regulations that prioritize environmentally friendly construction methods are being implemented by governments worldwide.
Manufacturers are being encouraged by this drive for sustainability to create roofing materials that have a lower environmental effect and offer greater lifespan and insulation. Technological developments in roofing, such the incorporation of solar panels into roofing systems, present opportunities to be investigated.
As more customers look to lessen their carbon impact, this trend is in line with the worldwide movement toward renewable energy sources. Additionally, market participants have a rare chance to deliver cutting-edge roofing solutions customized for new building projects due to the growing urbanization in emerging areas.
Recent trends indicate an increasing need for long-lasting, lightweight materials as well as the use of smart roofing technology. These developments include features like temperature control and leak detection in addition to improving a building's visual attractiveness.
Additionally, there is a consistent need for a variety of roofing materials due to the rise in remodeling and renovation projects across the world. Businesses that prioritize quality, sustainability, and technology integration are likely to prosper as the market changes.
All things considered, the  roofing materials market is expected to increase significantly due to a mix of consumer awareness of sustainable construction practices, technology advancements, and governmental assistance.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
The  Roofing Materials Market is witnessing significant growth driven by the trend of increasing urbanization and infrastructure development across various regions. According to the United Nations, approximately 55% of the  population lives in urban areas, a figure that is projected to rise to 68% by 2050.
This transition is amplifying the demand for residential and commercial buildings, consequently driving the need for roofing materials. Additionally, developed regions such as North America and parts of Europe are experiencing significant infrastructure investments aimed at enhancing existing urban facilities.
Furthermore, government initiatives to improve housing standards and modernize infrastructure, such as the U.S. Federal Infrastructure Bill, are giving rise to heightened construction activities.
This surge in urbanization is essential for enhancing overall living conditions, leading to increased investment in roofing materials. All these elements cumulatively influence the growth trajectory of the  Roofing Materials Market.
Sustainable construction practices and the rise of green building initiatives are significantly influencing the  Roofing Materials Market. According to the World Green Building Council, green buildings have grown significantly over the past decade, with a growing awareness of energy-efficient and environmentally friendly construction practices.
All around the globe, organizations like the U.S. Green Building Council encourage the adoption of sustainable building materials, motivating industry players to innovate and develop roofing products that minimize environmental impact.
Such initiatives not only promote energy efficiency but also ensure longevity and lower life-cycle costs, ultimately propelling the demand for sustainable roofing materials in the market.
Technological advancements in roofing materials are increasingly positively impacting the  Roofing Materials Market. Innovations such as reflective roofing membranes, green roofs, and integrated solar panel roofing systems have emerged in response to consumer preferences for durability, energy efficiency, and aesthetic appeal.
The rise of smart roofing technologies that incorporate sensors and energy-efficient solutions has further pushed this trend.
Leading companies like Owens Corning and GAF are at the forefront of these innovations, developing advanced roofing solutions that are more durable and environmentally friendly. As these technological advancements continue to develop, they are expected to significantly drive the growth of the  Roofing Materials Market.
The overall growth of the  Roofing Materials Market is also driven by the rising activities in the repair and renovation sector, particularly within residential buildings. The Joint Center for Housing Studies of Harvard University forecasts that residential remodeling expenditures in the U.S. are projected to reach substantial amounts over the coming years.
This indicates a growing trend within property owners to upgrade and maintain their homes, resulting in increased demand for high-quality roofing materials. Furthermore, as homeowners seek to enhance the value and longevity of their properties amid competitive real estate markets, the investment in roofing repairs and upgrades becomes more prevalent, boosting the  Roofing Materials Market.
The  Roofing Materials Market exhibited significant growth, with the product segment demonstrating diverse applications and substantial market presence. Within the product categorization, Tile Roof, Metal Roof, and Plastic Roof represented crucial components that contributed to the market's expansion and diversification.
The Tile Roof segment was valued at 30.0 USD Billion in 2024, expected to increase to 44.25 USD Billion by 2035, demonstrating its popularity rooted in aesthetic appeal and durability.
Metal Roof, valued at 27.0 USD Billion in 2024 and reaching 39.0 USD Billion in 2035, was favored for its longevity and resilience against extreme weather conditions, making it a preferred choice for both residential and commercial applications.
On the other hand, the Plastic Roof segment held a significant valuation of 35.98 USD Billion in 2024, projected to rise to 53.64 USD Billion by 2035, attributed to its lightweight nature and versatility in design.
The importance of these segments was underscored by their distinct attributes; Tile Roofs captivate homeowners with diverse styles and life expectancy, while Metal Roofs dominated the market due to their superior strength and low maintenance requirements.
Plastic Roofs gain traction by addressing sustainability concerns, as they can be produced from recycled materials, thus appealing to eco-conscious consumers. Moreover, market trends indicated a shift towards energy-efficient solutions, with regulatory frameworks promoting the use of materials that enhanced insulation and reduce energy costs.
As the construction industry ly continues to evolve, driven by urbanization and infrastructure development, these product segments play a pivotal role in shaping the  Roofing Materials Market revenue.
The market growth is further bolstered by the increasing frequency of extreme weather events emphasizing the need for durable roofing solutions, which highlight the challenges and opportunities within this essential industry. Insights reveal a growing consumer preference for high-performance materials, thereby encouraging innovation and expansion in each product category.
The ongoing development in materials technology also presents opportunities for improvement in performance characteristics and sustainability, essential for future competitiveness in the market.
The  Roofing Materials Market segmentation illustrates how these product categories are not only defining the future of roofing solutions but also addressing consumers' desires for performance, aesthetics, and sustainability.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
The  Roofing Materials Market is classified into key applications that primarily include Residential and Non-Residential sectors. The Residential sector remains a critical driver of market growth, fueled by increasing construction activities and rising home renovation projects driven by consumer preferences for durable roofing solutions.
Non-Residential applications, encompassing commercial and industrial buildings, also hold a significant share of the market, as businesses seek efficient and sustainable roofing materials to enhance energy performance and reduce long-term costs.
Government investment in infrastructure and commercial projects contributes to the upward trend in Non-Residential roofing demands. Furthermore, the growing awareness of environmental sustainability in construction amplifies the transition towards eco-friendly roofing materials across both market segments.
As a result, the  Roofing Materials Market segmentation reflects a well-rounded landscape that caters to distinct needs while addressing emerging market trends, such as innovation in material technology aimed at improving durability and reducing ecological footprints.
The  Roofing Materials Market experienced robust growth, with North America holding a significant portion of the market, projected at 28.0 USD Billion in 2024 and expanding to 41.0 USD Billion by 2035. Europe followed closely, with its market expected to reach 25.0 USD Billion in 2024, increasing to 36.0 USD Billion in 2035.
The Asia Pacific region was similarly poised for growth, valued at 23.0 USD Billion in 2024 and anticipated to surge to 39.0 USD Billion by 2035, reflecting its rapid urbanization and increasing construction activities. South America contributed with a valuation of 9.0 USD Billion in 2024 and 12.0 USD Billion in 2035, showcasing steady growth amid infrastructure development.
In contrast, the Middle East and Africa represented a smaller segment at 7.98 USD Billion in 2024, growing slightly to 8.89 USD Billion by 2035. Trends driving this market include sustainability in building materials, advancing technology, and increased demand for energy-efficient roofing solutions.
The North American and European markets dominated due to developed infrastructure and higher standards for building materials. Overall, the  Roofing Materials Market segmentation revealed diverse opportunities and potential for investment across various regions, each with its unique growth drivers and challenges.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
The  Roofing Materials Market is characterized by a diverse landscape of manufacturers and suppliers who are vying for market share through innovation and strategic positioning. As construction activities ramp up across various regions, particularly in developing nations, the demand for roofing materials is witnessing significant growth.
This sector encompasses a range of products from traditional materials like asphalt shingles to newer eco-friendly options, each competing for consumer preference based on durability, cost, and sustainability.
Competitive landscape is influenced by several factors including raw material availability, advancements in manufacturing technology, regulatory compliance regarding construction safety, and environmental considerations. Major players are continuously investing in research and development to improve product offerings, enhance performance characteristics, and meet the ever-evolving needs of consumers.
Saint-Gobain stands out in the  Roofing Materials Market with a strong emphasis on innovation and sustainability. The company harnesses advanced technologies to produce roofing materials that not only meet stringent performance standards but also contribute to energy efficiency and environmental preservation.
Their  presence is bolstered by a robust distribution network that ensures accessibility across different regions. Saint-Gobain has established itself as a trusted partner within the building and construction sectors by providing high-quality products that resonate with both contractors and end-users.
The company's commitment to sustainability is evident in its usage of recycled materials and development of energy-efficient roofing solutions, further enhancing its competitive edge in the market.
Tamko Building Products has garnered significant traction within the  Roofing Materials Market through a diverse portfolio that includes asphalt shingles and various specialty roofing products. The company is recognized for its emphasis on quality and customer service, which has solidified its position in the marketplace.
Tamko's strengths lie in its ability to innovate and respond swiftly to changing market demands, as well as in its effective supply chain management that ensures timely product availability. The company's strategic mergers and acquisitions have also enabled it to expand its product range and bolster its market presence ly.
By maintaining a focus on quality assurance and customer satisfaction, Tamko Building Products continues to be a key player in the roofing materials industry, catering to diverse customer needs ranging from residential to commercial applications.
QXO, Inc. announced in March 2025 that it had acquired Beacon Roofing Supply for $11 billion in a hostile takeover at a price of $124.35 per share, which was a premium of about 40% and guaranteed QXO's position as the biggest distributor of roofing and construction supplies in North America.
The CEO of Amrize, Holcim's North American spinoff, highlighted the robust demand in infrastructure renovations and data center roofing amidst regional shifts toward domestic sourcing. Amrize made its debut on the NYSE and SIX exchanges in April 2025, making it the second-largest commercial roofing supplier in North America.
AZEK, a significant manufacturer of roofing and outdoor components located in the United States, was offered $8.75 billion in cash and equity by Australian building materials company James Hardy Industries in March 2025. Closing is anticipated to take place in the second half of the year.
The CEO of Beacon Roofing had earlier in February 2025 expressed confidence for 2025 growth despite challenges from labor tightening and U.S. tariffs, pointing to robust demand in the non-residential repair and reroofing divisions.
In early 2025, several industry reports emphasized the emergence of solar-integrated roofing solutions, such as solar shingles and transparent photovoltaic panels, as well as graphene-coated shingles, smart sensors for leak detection, AI-powered drone inspections, and reflective cool-roof coatings that improve energy efficiency and urban resilience. These technological advancements are continuing to reshape the market.
| Report Attribute/Metric | Details |
| Market Size 2023 | 89.32(USD Billion) |
| Market Size 2024 | 92.98(USD Billion) |
| Market Size 2035 | 136.89(USD Billion) |
| Compound Annual Growth Rate (CAGR) | 3.58% (2025 - 2035) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Base Year | 2024 |
| Market Forecast Period | 2025 - 2035 |
| Historical Data | 2019 - 2024 |
| Market Forecast Units | USD Billion |
| Key Companies Profiled | Saint-Gobain, Tamko Building Products, Dow Chemical Company, Atlas Roofing, Carlisle Companies, CertainTeed, GAF, Sika AG, Royal Building Products, Boral Limited, Malarkey Roofing Products, Owens Corning, IKO Industries, Johns Manville, Henry Company |
| Segments Covered | Product, Application, Regional |
| Key Market Opportunities | Sustainable roofing materials expansion, Increasing demand for energy-efficient solutions, Rise in green building initiatives, Growth in residential construction markets, Technological advancements in roofing systems |
| Key Market Dynamics | rising construction activities, growing demand for energy efficiency, increasing urbanization rates, advancements in roofing technologies, fluctuations in raw material prices |
| Countries Covered | North America, Europe, APAC, South America, MEA |
Roofing Materials Market Highlights:
Frequently Asked Questions (FAQ) :
The Roofing Materials Market was valued at 92.98 billion USD in 2024.
By 2035, the market is expected to reach an estimated value of 136.89 billion USD.
The expected compound annual growth rate (CAGR) for the market from 2025 to 2035 is 3.58%.
The Tile Roof segment dominated the market, valued at 30.0 billion USD in 2024.
The Metal Roof segment was valued at 27.0 billion USD in 2024.
By 2035, the Plastic Roof segment is projected to reach a value of 53.64 billion USD.
North America held the largest market share, valued at 28.0 billion USD in 2024.
The South American market is projected to reach a value of 12.0 billion USD by 2035.
Some major players include Saint-Gobain, Tamko Building Products, and Owens Corning.
The Asia Pacific region is expected to grow significantly, valued at 39.0 billion USD by 2035.
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