Asphalt Shingles Market Research Report – Global Forecast till 2027

Asphalt Shingles Market Research Report, By Type (Heavy laminates, Laminates, Strip), Material (Fiberglass, and Organic), Application (New construction, Renovation/Remodeling) and Region — Global Forecast till 2027

ID: MRFR/CO/5706-HCR | February 2021 | Region: Global | 102 pages

Asphalt Shingles Market Overview


According to the latest research report, Over the projected period, the asphalt shingles marketsizeis predicted to grow at a CAGR of about 3.60 percent, reaching a market value of more than USD 6400 million.


Asphalt shingles, often known as wall or roof shingles, use asphalt for waterproofing. These are commonly used as roof covers since they are less expensive than other varieties and are simple to install. Such benefits drive overall demand for such shingles in new buildings and refurbishment, particularly in developed countries such as North America and Europe. The harsh temperature conditions in these locations, along with the requirement for aesthetics in the roofing system in the building industry, have led to the development of asphalt shingles.


As a result of increased urbanization, the construction sector has experienced modest development, with an increase in the number of new residential buildings and remodeling/renovation projects. This has fueled the expansion of the asphalt shingle sector. When evaluating the economic growth of any economy, the construction industry has always been an essential indication. Emerging trends like product and material innovation, investments, and others have a direct influence on the building industry's dynamics.


This report contains all the information on theglobal asphalt shingles market outlook and its strengths. The report also contains the culmination of dynamics, segmentation, key players, regional analysis, and other important factors. And a detailed analysis of the global asphalt shingles market forecast to 2027 is also included in the report.


Covid 19 Analysis


虽然COVID-19问题恶化,生产商progressively changing their methods and buying tactics to suit the demands of a market-based pandemic, creating a demand for Asphalt Shingles. Over the next several months, there will be a lot of both positive and bad surprises as companies and their vendors respond to rising client demand. With the global economy in disarray, numerous sectors appear susceptible to export-dependent economies. Because of a shortage of downstream demand, the impact of this pandemic will change the worldwide market for Asphalt Shingles, causing some producers to cease or reduce output. Some have had their output suspended as a precautionary measure by their respective governments to fight the spread of the virus. In such cases, market conditions in Asia Pacific areas have been fragile, collapsing on a regular basis and proving difficult to stabilize.


竞争格局


全球沥青瓦片行业非常竞争,来自世界各地的几个竞争对手。球员使用各种策略来增强他们全球的存在和市场份额。公司采用的一些主要策略包括先进的材料产品开发,兼并和收购,战略联盟和合作。


妈jor Key Players



  • Owens Corning (US)

  • 某些TEED公司(美国)

  • IKO Industries, Ltd. (Canada)

  • TAMKO Building Products, Inc. (US)

  • Tarco, Inc. (US)

  • Siplast, Inc. (US)

  • Henry Company LLC (US)

  • 妈larkey Roofing Products (Portland)

  • Polyglass U.S.A., Inc. (US)

  • Atlas Roofing Corporation (US)


妈rket Dynamic



  • Drivers


The expansion of the global construction sector is proving to be the main force driving the global asphalt shingles market growth. Due to growing urbanization, the Asia Pacific area is anticipated to see an increase in construction investment throughout the projection period. Asphalt shingles are increasingly being utilized in conjunction with other components such as leak barriers, ventilation, and breathable membranes to assist prevent water absorption and ice damming from snow. Thus, the substantial improvement in the durability and weather resistance performance of asphalt shingles is projected to contribute significantly to their growing usage and, as a result, boost the market throughout the projection period. However, fluctuating polymer costs may stifle market expansion.



  • Opportunities


高性能层压的市场预计将以2025年的每年速度扩展到4%。这些商品具有卓越的性能特征,具有优质木材的经典外观,因为它们含有两层粘合材料,可提供更多耐用性,在不同颜色方面可定制选项,并详细说明切割。由于城市化和全球化越来越多,奢侈住宅和商业建筑的需求将增加,例如住宅别墅,办公室,小屋和机构,这将提供增长机会。



  • Restraints


Polymer price volatility may stymie asphalt shingles market expansion.



  • Challenges


However, the availability of alternative goods such as clay tiles, metal, slate, and cedar shake may impede demand for asphalt products and it may create challenges for the target market's growth over the projection period.


Cumulative Growth Analysis


对高性能层压带的需求比其他产品的需求更快地增加。2019年高性能层压遮阳板在2019年生产了2,868.8百万美元,预计预测期内的CAGR 4.0%的成长。基于2019年的组合的有机沥青瓦片总共产生344.7.0百万美元的收入。新建筑业是沥青瓦片市场价值的主要贡献者之一,占2019年收入的47.0%。北美是一个重要的市场利益攸关方,2019年占市场整个业务的31.0%。


Value Chain Analysis


According to the reports, the worldwide asphalt shingles market has been classified into three segments: type, material, and application. The market has been divided into three types: heavy laminates, laminates, and strips. The material category is further divided into fiberglass and organic. The application segment is divided into two categories: new construction and renovation/remodeling. The market has been segmented into three types: heavy laminates, laminates, and strips. The fastest-growing sector is strip asphalt shingles. When compared to other asphalt shingles, the rationale is linked to their lightweight and cost-effectiveness. These are composed of one layer of asphalt and have a slate-like flat look.


该部门进一步基于材料进一步细分为玻璃纤维和有机物。玻璃纤维在2017年举行了最高的市场份额,并预计将在预测期间表现出类似的增长趋势。玻璃纤维具有较轻,更耐火,更耐用的优点。由于核心,这提供了额外的灵活性,玻璃纤维脱颖而出,更耐用。该部分分为两类:新建和翻新/重塑。2017年,翻新/重塑部分是主导类别。事业与住宅和商业地区的改造和修理业务增加有关。因此,住宅和商业部门的沥青瓦片对沥青瓦片的需求很高。


Segmentation Overview


The market is segmented on the basis of type, material, application, and region. The global asphalt shingles market trend is expected to witness decent growth during the forecast period.


By Application


根据该申请,市场分段为新的建设和翻新/重塑。


By end-users


基于推进类型,市场分段为新的建筑和改造/重塑。


Regional Analysis


According to the reports, the worldwide asphalt shingles market has been divided into four regions: North America, Europe, Asia-Pacific, and the Rest of the World (RoW). In 2017, North America and Europe accounted for the largest share of the worldwide asphalt shingles market share, followed by Asia-Pacific, and this dominance is expected to continue through 2023. This is linked to harsh climate conditions in North America and Europe, as well as increased spending in R&D for innovative materials in these regions. After North America and Europe, the Asia-Pacific region has a sizable market share. The area has seen an increase in the number of building projects, fueled by significant investment in commercial and residential development in nations like China and India. This is likely to increase demand for asphalt shingles in the Asia-Pacific area in the near future.


Report Overview


The following report comprises of –



  • 妈rket overview

  • Covid 19 Analysis

  • 妈rket Dynamic

  • Drivers

  • Opportunities

  • Restraints

  • Challenges

  • Cumulative Growth Analysis

  • Value Chain Analysis

  • Segmentation Overview

  • By Application

  • By End-Users

  • Regional Analysis

  • 竞争格局


最近的发展



  • FOAMULAR NGX is a new product line from Owens Corning (Next Generation Extruded). The unique blowing agent used in this new range of extruded polystyrene (XPS) foam products reduces global warming potential (GWP) by 90% without losing product performance.

  • IKO stated that it has reached an agreement with the SMAC group to buy Axter's waterproofing membrane division. The acquisition of AXTER's waterproofing membrane segment will strengthen the company's industry-leading position in the European waterproofing and insulation market.

  • Saint-Gobain stated that Continental Building Products had received shareholder approval to be purchased by Saint-Gobain and that the waiting time under the Hart-Scott-Rodino Act had passed, completing the regulatory approval criteria under the merger agreement.


Product Outlook



  • Dimensional Shingles

  • High-Performance Laminated Shingles

  • Three-Tab Shingles


Composition Outlook



  • Organic Asphalt Shingles

  • Fiberglass Asphalt Shingles


应用前景



  • New Construction

  • Re-Roofing


区域前景



  • North America


    • U.S.

    • Canada


  • Europe


    • Germany

    • The U.K.

    • France

    • Benelux

    • Rest of Europe


  • Asia Pacific


    • China

    • 日本

    • 韩国

    • Rest of APAC


  • Latin America


    • Brazil

    • Rest of LATAM


  • Middle East & Africa


    • 沙特阿拉伯

    • 阿联酋

    • 剩下的mea




报告范围:
报告属性/指标 Details
妈rket Size 2023: USD 8 Billion
CAGR 3.60%CAGR(2020-2027)
基准 2019
预测期 2020-2027
Historical Data 2018
Forecast Units Value (USD Billion)
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered Type, Material, Application, Region
Geographies Covered North America, Europe, Asia-Pacific, and Rest of the World (RoW)
主要供应商 Owens Corning(美国),某些Teed Corporation(US),Iko Industries,Ltd。(加拿大),Tamko Building Products,Inc。(美国),塔尔科,Inc。(美国),Siplast,Inc。(美国),亨利公司LLC(美国),Malarkey屋顶产品(波特兰),Polyglass U.S.A.,Inc。(美国)和Atlas Roofing Corporation(美国)。
Key Market Opportunities New product launches and R&D Amongst major key Players
Key Market Drivers

  • Growing R&D expenditure and adverse weather conditions
  • Increasing number of new residential building and remodeling/renovation projects owing to the rapid urbanization


  • Speak to Analyst Ask for Customization

    Frequently Asked Questions (FAQ) :


    Hike in construction activities would primarily drive the asphalt shingles market.

    The CAGR of asphalt shingles market would be 5.8% during the forecast period.

    North America and Europe would tae charge of asphalt shingles market.

    Growing R&D expenditure and adverse weather conditions would ensure strong growth for the asphalt shingles markets in these two regions.

    Strip asphalt shingles would grow with the fastest speed.

    Baidu