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U.S. Roofing Materials Market Future-proof Strategies: Trends, Competitor Dynamics, and Opportunities 2024-2032

U.S. Roofing Materials Market by Material (Bituminous, Tile, Metal, Elastomeric, Others), by End-use Industry (Residential, Non-Residential, Industrial), by Forecast 2024-2032

Oct 30 2024
Base Year: 2023
180 Pages
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U.S. Roofing Materials Market Future-proof Strategies: Trends, Competitor Dynamics, and Opportunities 2024-2032

Key Insights

The U.S. Roofing Materials Market size was valued at USD 25.21 USD Billion in 2023 and is projected to reach USD 32.51 USD Billion by 2032, exhibiting a CAGR of 3.7 % during the forecast period. The U.S. roofing materials market is an adaptable one that moves by the level of activity of the construction and climate industries, in addition to the advancement of technology. It presents self-lasting, open-weather selections for the construction of one's home, business or industry, with varied options of architectural styles and money taking the budgets into account. These materials comprise asphalt shingles, metal roofing, tile, and membranes, getting updated with superior strength and eco-friendliness. Their influence is substantial in terms of building design, energy balancing, and aesthetics which for example may be seen as higher property appraisals and decreased maintenance costs. In general, the market offers innovative and varied products for insulation and weather protection, which in turn affect construction culture norms and attributes of the building performance.

U.S. Roofing Materials Market Research Report - Market Size, Growth & Forecast

U.S. Roofing Materials Trends

  • Increasing demand for sustainable roofing materials
  • Growing popularity of metal roofing
  • Rising adoption of solar-integrated roofing systems
  • Increasing use of roofing underlayments
  • Growing use of drones in roofing inspections

Driving Forces: What's Propelling the U.S. Roofing Materials Market

  • Increasing construction activities
  • Growing demand for sustainable roofing materials
  • Rising consumer spending on home improvement projects
  • Growing popularity of metal roofing
  • Increasing adoption of solar-integrated roofing systems

Challenges and Restraints in the U.S. Roofing Materials Market

  • Volatility in raw material prices
  • Labor shortages
  • Weather-related challenges
  • Competition from alternative roofing materials

Emerging Trends in U.S. Roofing Materials

  • Development of self-healing roofing materials
  • Increasing use of artificial intelligence (AI) in roofing
  • Growing adoption of virtual reality (VR) in roofing training
  • Increasing use of drones in roofing inspections

Growth Catalysts in the U.S. Roofing Materials Industry

U.S. Roofing Materials Market Growth
  • Government incentives for sustainable roofing
  • Increasing awareness of the benefits of metal roofing
  • Growing demand for roofing underlayments
  • Increasing use of drones in roofing inspections

Market Segmentation: U.S. Roofing Materials Analysis

Material

  • Bituminous
  • Tile
  • Metal
  • Elastomeric
  • Others

End-use Industry

  • Residential
  • Non-Residential
  • Industrial

Leading Players in the U.S. Roofing Materials Market

  • Owens Corning (U.S.) 
  • CertainTeed Corporation (U.S.) 
  • Atlas Roofing Corporation (U.S.) 
  • BMI Group (U.K.) 
  • Johns Manville (U.S.) 
  • IKO Industries Ltd. (Canada) 
  • GAF (U.S.) 
  • TAMKO Building Products, Inc. (U.S.) 
  • Carlisle Companies Incorporated (U.S.) 
  • Firestone Building Products Company, LLC (U.S.) 

Significant Developments in U.S. Roofing Materials Sector

February 2022

  • Johns Manville launched two new products, DynaSet 1K and 1-Part PermaFlas.
  • Carlisle Companies Incorporated announced the acquisition of MBTechnology, Inc.

January 2022

  • GAF Energy launched Timberline Solar, the only roof system to integrate solar technology directly into traditional roofing processes and materials.

December 2021

  • Cornerstone Building Brands, Inc. acquired Union Corrugating Company Holdings, Inc.

July 2021

  • Owens Corning acquired Vliepa GmbH.

Comprehensive Coverage U.S. Roofing Materials Market Report

The comprehensive report provides an in-depth analysis of the U.S. roofing materials market, including market size, growth drivers, challenges, and opportunities. The report also provides a detailed segmentation of the market by material, end-use industry, and region.

Regional Insight

The U.S. roofing materials market is characterized by its geographical diversity, with different regions exhibiting distinct trends and preferences.

  • Northeast: The Northeast region is home to a mix of urban and rural areas, with a significant presence of old and historic buildings. This region has a high demand for roofing materials that offer durability, energy efficiency, and historical preservation.
  • Midwest: The Midwest region experiences extreme weather conditions, including cold winters and hot summers. As a result, roofing materials in this region are designed to withstand these fluctuations and provide adequate insulation.
  • South: The South region has a warm climate and is prone to hurricanes and other weather events. Roofing materials in this region are typically lightweight, impact-resistant, and designed to withstand high temperatures.
  • West: The West region has a diverse landscape, ranging from coastal areas to mountains. Roofing materials in this region must adapt to varying climatic conditions, such as wildfires, earthquakes, and heavy rainfall.

Consumer Side Analysis

The report provides an analysis of consumer trends in the U.S. roofing materials market, including preferences, purchasing habits, and brand loyalty.

Demand Side Analysis

The report provides an analysis of the demand for roofing materials in the U.S., including demand by end-use industry and region.

Import And Export Analysis

The report provides an analysis of the import and export of roofing materials in the U.S., including key import and export partners and trends.

Pricing Strategies

The report provides an analysis of pricing strategies in the U.S. roofing materials market, including pricing by material, end-use industry, and region.

Segmentation

The report provides a detailed segmentation of the U.S. roofing materials market by material, end-use industry, and region.

U.S. Roofing Materials Market REPORT HIGHLIGHTS

AspectsDetails
Study Period 2018-2032
Base Year 2023
Estimated Year 2024
Forecast Period2024-2032
Historical Period2018-2023
Growth RateCAGR of 3.7% from 2018-2032
Segmentation
    • By Material
      • Bituminous
      • Tile
      • Metal
      • Elastomeric
      • Others
    • By End-use Industry
      • Residential
      • Non-Residential
      • Industrial
  • By Geography

Frequently Asked Questions

Table Of Content
  1. 1. Introduction
    • 1.1. Research Scope
    • 1.2. Market Segmentation
    • 1.3. Research Methodology
    • 1.4. Definitions and Assumptions
  2. 2. Executive Summary
    • 2.1. Introduction
  3. 3. Market Dynamics
    • 3.1. Introduction
      • 3.2. Market Drivers
        • 3.2.1. Growing Building and Construction Industry Supported by Government Initiatives to Drive Market Growth
      • 3.3. Market Restrains
        • 3.3.1. Higher Prices of Roofing Materials to Limit Market Growth
      • 3.4. Market Trends
        • 3.4.1. Rising Demand for Sustainable Materials to Present Lucrative Opportunities for Market Growth
  4. 4. Market Factor Analysis
    • 4.1. Porters Five Forces
    • 4.2. Supply/Value Chain
    • 4.3. PESTEL analysis
    • 4.4. Market Entropy
    • 4.5. Patent/Trademark Analysis
  5. 5. U.S. Roofing Materials Market Analysis, Insights and Forecast, 2018-2030
    • 5.1. Market Analysis, Insights and Forecast - by Material
      • 5.1.1. Bituminous
      • 5.1.2. Tile
      • 5.1.3. Metal
      • 5.1.4. Elastomeric
      • 5.1.5. Others
    • 5.2. Market Analysis, Insights and Forecast - by End-use Industry
      • 5.2.1. Residential
      • 5.2.2. Non-Residential
      • 5.2.3. Industrial
    • 5.3. Market Analysis, Insights and Forecast - by Region
      • 5.3.1.
  6. 6. Northeast U.S. Roofing Materials Market Analysis, Insights and Forecast, 2018-2030
      • 6.1. Market Analysis, Insights and Forecast - By Material
        • 6.1.1 Bituminous
        • 6.1.2 Tile
        • 6.1.3 Metal
        • 6.1.4 Elastomeric
        • 6.1.5 and Others
      • 6.2. Market Analysis, Insights and Forecast - By End-use Industry
        • 6.2.1 Residential
        • 6.2.2 Non-Residential
        • 6.2.3 and Industrial
  7. 7. Southeast U.S. Roofing Materials Market Analysis, Insights and Forecast, 2018-2030
      • 7.1. Market Analysis, Insights and Forecast - By Material
        • 7.1.1 Bituminous
        • 7.1.2 Tile
        • 7.1.3 Metal
        • 7.1.4 Elastomeric
        • 7.1.5 and Others
      • 7.2. Market Analysis, Insights and Forecast - By End-use Industry
        • 7.2.1 Residential
        • 7.2.2 Non-Residential
        • 7.2.3 and Industrial
  8. 8. Midwest U.S. Roofing Materials Market Analysis, Insights and Forecast, 2018-2030
      • 8.1. Market Analysis, Insights and Forecast - By Material
        • 8.1.1 Bituminous
        • 8.1.2 Tile
        • 8.1.3 Metal
        • 8.1.4 Elastomeric
        • 8.1.5 and Others
      • 8.2. Market Analysis, Insights and Forecast - By End-use Industry
        • 8.2.1 Residential
        • 8.2.2 Non-Residential
        • 8.2.3 and Industrial
  9. 9. Southwest U.S. Roofing Materials Market Analysis, Insights and Forecast, 2018-2030
      • 9.1. Market Analysis, Insights and Forecast - By Material
        • 9.1.1 Bituminous
        • 9.1.2 Tile
        • 9.1.3 Metal
        • 9.1.4 Elastomeric
        • 9.1.5 and Others
      • 9.2. Market Analysis, Insights and Forecast - By End-use Industry
        • 9.2.1 Residential
        • 9.2.2 Non-Residential
        • 9.2.3 and Industrial
  10. 10. West U.S. Roofing Materials Market Analysis, Insights and Forecast, 2018-2030
      • 10.1. Market Analysis, Insights and Forecast - By Material
        • 10.1.1 Bituminous
        • 10.1.2 Tile
        • 10.1.3 Metal
        • 10.1.4 Elastomeric
        • 10.1.5 and Others
      • 10.2. Market Analysis, Insights and Forecast - By End-use Industry
        • 10.2.1 Residential
        • 10.2.2 Non-Residential
        • 10.2.3 and Industrial
  11. 11. Competitive Analysis
    • 11.1. Market Share Analysis 2023
      • 11.2. Company Profiles
        • 11.2.1 Owens Corning (U.S.)
          • 11.2.1.1. Overview
          • 11.2.1.2. Products
          • 11.2.1.3. SWOT Analysis
          • 11.2.1.4. Recent Developments
          • 11.2.1.5. Financials (Based on Availability)
        • 11.2.2 CertainTeed Corporation (U.S.)
          • 11.2.2.1. Overview
          • 11.2.2.2. Products
          • 11.2.2.3. SWOT Analysis
          • 11.2.2.4. Recent Developments
          • 11.2.2.5. Financials (Based on Availability)
        • 11.2.3 Atlas Roofing Corporation (U.S.)
          • 11.2.3.1. Overview
          • 11.2.3.2. Products
          • 11.2.3.3. SWOT Analysis
          • 11.2.3.4. Recent Developments
          • 11.2.3.5. Financials (Based on Availability)
        • 11.2.4 BMI Group (U.K.)
          • 11.2.4.1. Overview
          • 11.2.4.2. Products
          • 11.2.4.3. SWOT Analysis
          • 11.2.4.4. Recent Developments
          • 11.2.4.5. Financials (Based on Availability)
        • 11.2.5 Johns Manville (U.S.)
          • 11.2.5.1. Overview
          • 11.2.5.2. Products
          • 11.2.5.3. SWOT Analysis
          • 11.2.5.4. Recent Developments
          • 11.2.5.5. Financials (Based on Availability)
        • 11.2.6 IKO Industries Ltd. (Canada)
          • 11.2.6.1. Overview
          • 11.2.6.2. Products
          • 11.2.6.3. SWOT Analysis
          • 11.2.6.4. Recent Developments
          • 11.2.6.5. Financials (Based on Availability)
        • 11.2.7 GAF (U.S.)
          • 11.2.7.1. Overview
          • 11.2.7.2. Products
          • 11.2.7.3. SWOT Analysis
          • 11.2.7.4. Recent Developments
          • 11.2.7.5. Financials (Based on Availability)
        • 11.2.8 TAMKO Building Products Inc. (U.S.)
          • 11.2.8.1. Overview
          • 11.2.8.2. Products
          • 11.2.8.3. SWOT Analysis
          • 11.2.8.4. Recent Developments
          • 11.2.8.5. Financials (Based on Availability)
        • 11.2.9 Carlisle Companies Incorporated (U.S.)
          • 11.2.9.1. Overview
          • 11.2.9.2. Products
          • 11.2.9.3. SWOT Analysis
          • 11.2.9.4. Recent Developments
          • 11.2.9.5. Financials (Based on Availability)
        • 11.2.10 Firestone Building Products Company LLC (U.S.)
          • 11.2.10.1. Overview
          • 11.2.10.2. Products
          • 11.2.10.3. SWOT Analysis
          • 11.2.10.4. Recent Developments
          • 11.2.10.5. Financials (Based on Availability)
List of Figures
  1. Figure 1: U.S. Roofing Materials Market Revenue Breakdown (USD Billion, %) by Product 2023 & 2031
  2. Figure 2: U.S. Roofing Materials Market Value Share (%), by Material 2023 & 2031
  3. Figure 3: U.S. Roofing Materials Market Value Share (%), by End-use Industry 2023 & 2031
  4. Figure 4: U.S. Roofing Materials Market Share (%) by Company 2023
List of Tables
  1. Table 1: U.S. Roofing Materials Market Revenue USD Billion Forecast, by Material 2018 & 2031
  2. Table 2: U.S. Roofing Materials Market Volume Million Square Meters Forecast, by Material 2018 & 2031
  3. Table 3: U.S. Roofing Materials Market Revenue USD Billion Forecast, by End-use Industry 2018 & 2031
  4. Table 4: U.S. Roofing Materials Market Volume Million Square Meters Forecast, by End-use Industry 2018 & 2031
  5. Table 5: U.S. Roofing Materials Market Revenue USD Billion Forecast, by Region 2018 & 2031
  6. Table 6: U.S. Roofing Materials Market Volume Million Square Meters Forecast, by Region 2018 & 2031
  7. Table 7: U.S. Roofing Materials Market Revenue USD Billion Forecast, by Material 2018 & 2031
  8. Table 8: U.S. Roofing Materials Market Volume Million Square Meters Forecast, by Material 2018 & 2031
  9. Table 9: U.S. Roofing Materials Market Revenue USD Billion Forecast, by End-use Industry 2018 & 2031
  10. Table 10: U.S. Roofing Materials Market Volume Million Square Meters Forecast, by End-use Industry 2018 & 2031
  11. Table 11: U.S. Roofing Materials Market Revenue USD Billion Forecast, by Region 2018 & 2031
  12. Table 12: U.S. Roofing Materials Market Volume Million Square Meters Forecast, by Region 2018 & 2031
  13. Table 13: U.S. Roofing Materials Market Revenue USD Billion Forecast, by Material 2018 & 2031
  14. Table 14: U.S. Roofing Materials Market Volume Million Square Meters Forecast, by Material 2018 & 2031
  15. Table 15: U.S. Roofing Materials Market Revenue USD Billion Forecast, by End-use Industry 2018 & 2031
  16. Table 16: U.S. Roofing Materials Market Volume Million Square Meters Forecast, by End-use Industry 2018 & 2031
  17. Table 17: U.S. Roofing Materials Market Revenue USD Billion Forecast, by Country 2018 & 2031
  18. Table 18: U.S. Roofing Materials Market Volume Million Square Meters Forecast, by Country 2018 & 2031
  19. Table 19: Northeast U.S. Roofing Materials Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  20. Table 20: Northeast U.S. Roofing Materials Market Volume (Million Square Meters) Forecast, by Application 2018 & 2031
  21. Table 21: Southeast U.S. Roofing Materials Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  22. Table 22: Southeast U.S. Roofing Materials Market Volume (Million Square Meters) Forecast, by Application 2018 & 2031
  23. Table 23: Midwest U.S. Roofing Materials Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  24. Table 24: Midwest U.S. Roofing Materials Market Volume (Million Square Meters) Forecast, by Application 2018 & 2031
  25. Table 25: Southwest U.S. Roofing Materials Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  26. Table 26: Southwest U.S. Roofing Materials Market Volume (Million Square Meters) Forecast, by Application 2018 & 2031
  27. Table 27: West U.S. Roofing Materials Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  28. Table 28: West U.S. Roofing Materials Market Volume (Million Square Meters) Forecast, by Application 2018 & 2031
  29. Table 29: U.S. Roofing Materials Market Revenue USD Billion Forecast, by Material 2018 & 2031
  30. Table 30: U.S. Roofing Materials Market Volume Million Square Meters Forecast, by Material 2018 & 2031
  31. Table 31: U.S. Roofing Materials Market Revenue USD Billion Forecast, by End-use Industry 2018 & 2031
  32. Table 32: U.S. Roofing Materials Market Volume Million Square Meters Forecast, by End-use Industry 2018 & 2031
  33. Table 33: U.S. Roofing Materials Market Revenue USD Billion Forecast, by Country 2018 & 2031
  34. Table 34: U.S. Roofing Materials Market Volume Million Square Meters Forecast, by Country 2018 & 2031
AspectsDetails
Study Period 2018-2032
Base Year 2023
Estimated Year 2024
Forecast Period2024-2032
Historical Period2018-2023
Growth RateCAGR of 3.7% from 2018-2032
Segmentation
    • By Material
      • Bituminous
      • Tile
      • Metal
      • Elastomeric
      • Others
    • By End-use Industry
      • Residential
      • Non-Residential
      • Industrial
  • By Geography

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Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.

During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence

Additionally after gathering mix and scattered data from wide range of sources, data is triangull- ated and correlated to come up with estimated figures which are further validated through primary mediums, or industry experts, opinion leader.
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