North America Roofing Materials Market Growth, Size, Trends, Revenue, Share and Future Outlook
North America Roofing Materials Market Size- By Construction, By Materials, By Application- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Mar-2024 | Report ID: COAM2410 | Pages: 1 - 153 | Formats*: |
| Category : Construction & Manufacturing | |||
North America Roofing Materials Market Introduction and Overview
According to SPER Market Research, the North America Roofing Materials Market is estimated to reach USD 59.62 billion by 2033 with a CAGR of 5.7%.
The report includes an in-depth analysis of the North America Roofing Materials Market, including market size and trends, product mix, distribution channels, and supplier analysis. The outer surfaces of residential, commercial, and industrial buildings are covered in roofing materials such as bituminous, concrete, and clay tiles, as well as metals, elastomers, and plastics. The structure benefits from roofing materials in a number of ways, such as waterproofing, temperature control, and aesthetic appeal. Homeowners are spending more on remodeling and refurbishing projects because loans are more easily obtained, disposable incomes are growing, and prices are more reasonable.
Market Opportunities and Challenges
Opportunities:- There are several opportunities in the North American roofing materials industry, which is driven by various causes. First off, there is a steady need for roofing materials due to the region's thriving construction sector, which is supported by initiatives to expand the region's infrastructure, urbanization, and population expansion. In addition, the market for environmentally friendly roofing materials like solar tiles, green roofs, and recycled materials is rising as more people become aware of and use sustainable building methods. Technological developments in roofing materials have also given producers the chance to innovate and produce goods that are competitive, thanks to improvements in durability, energy efficiency, and ease of installation.
Challenges:- Increased Roofing Material Costs Will Control Market Expansion. Tired roofs require a significant financial, time, and energy expenditure to be resurfaced. The quality of a product may be impacted by climate. For instance, some materials readily break down in extended freeze-thaw cycles yet are not able to tolerate high temperatures or UV exposure from the sun. When constructed in subzero temperatures, bituminous shingles may become weaker. They are more prone to wind lifting and can break easily at different temperatures because they are not as high-quality as other materials. Compared to other materials, metal roofing usually has a greater initial cost.
Market Competitive Landscape
The Roofing Materials market in Africa and the North America is fairly fragmented. Some of the market companies are Owens Corning, CertainTeed Corporation, Atlas Roofing Materials Corporation, Johns Manville, Braas Monier Building Group, IKO Industries Ltd, TAMKO Building Products LLC, GAF Materials Corporation, Carlisle Companies Inc, Others.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Construction, By Materials, By Application |
| Regions covered | Eastern Region, Western Region, Northern Region, Southern Region |
| Companies Covered | Owens Corning, CertainTeed Corporation, Atlas Roofing Materials Corporation, Johns Manville, Braas Monier Building Group, IKO Industries Ltd, TAMKO Building Products LLC, GAF Materials Corporation, Carlisle Companies Inc, Others. |
COVID-19 Impact on North America Roofing Materials Market
Disruptions to the Supply Chain During the pandemic, market progress was impeded.
The lockdown measures put in place by different countries and the worldwide epidemic significantly disrupted the supply chain for building supplies. Companies also experienced severe losses as a result of a shortage of trained and unskilled workers. In addition, the restrictions on travel imposed during the lockdown caused logistical problems that made it challenging to get raw materials for manufacture. The hands-on nature of roofing necessitates intimate contact between workers, therefore social distance norms established by different governments presented extra difficulties. In order to protect their workers, contractors in the roofing industry were required to implement extra safety measures and adhere to COVID-19 guidelines.
Key Target Audience:
- Architects
- Contractors
- Builders
- Developers
- Roofing Material Manufacturers
- Distributors
- Suppliers
- Investors
Our in-depth analysis of the North America Roofing Materials Market includes the following segments:
| By Construction: |
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| By Material: |
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| By Application: |
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Key Topics Covered in the Report:
- North America Roofing Materials Market Size (FY’2024-FY’2033)
- Overview of North America Roofing Materials Market
- Segmentation of North America Roofing Materials Market By Construction (New Construction, Reroofin)
- Segmentation of North America Roofing Materials Market By Material (Bituminous, Concrete & Clay Tiles, Metal, Elastomer, Plastics)
- Segmentation of North America Roofing Materials Market By Application (Residential, Non-residential)
- Expansion Analysis of North America Roofing Materials Market
- Problems and Obstacles in North America Roofing Materials Market
- Competitive Landscape in the North America Roofing Materials Market
- Impact of COVID-19 and Demonetization on North America Roofing Materials Market
- Details on Current Investment in North America Roofing Materials Market
- Competitive Analysis of North America Roofing Materials Market
- Prominent Players in the North America Roofing Materials Market
- SWOT Analysis of North America Roofing Materials Market
- North America Roofing Materials Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s2.2. Market size estimation2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges4.2. COVID-19 Impacts of the North America Roofing Materials Market
5. Market variable and outlook
5.1. SWOT Analysis5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats5.2. PESTEL Analysis5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape5.3. PORTER’s Five Forces5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry5.4. Heat Map Analysis
6. Competitive Landscape
6.1. North America Roofing Materials Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in North America Roofing Materials Market
7. North America Roofing Materials Market, By Construction (USD Million)
7.1. North America Roofing Materials Market Value Share and Forecast, By Construction, 2024-20337.2. New Construction7.3. Reroofing
8. North America Roofing Materials Market, By Material (USD Million)
8.1. North America Roofing Materials Market Value Share and Forecast, By Material, 2024-20338.2. Bituminous8.3. Concrete & Clay Tiles8.4. Metal8.5. Elastomer8.6. Plastics
9. North America Roofing Materials Market, By Application (USD Million)
9.1. North America Roofing Materials Market Value Share and Forecast, By Application, 2024-20339.2. Residential9.3. Non-residential
10. North America Roofing Materials Market Forecast, 2020-2033 (USD Million)
10.1. North America Roofing Materials Market Size and Market Share
11. North America Roofing Materials Market, By Construction, 2020-2033 (USD Million)
11.1. North America Roofing Materials Market Size and Market Share By Construction (2020-2026)11.2. North America Roofing Materials Market Size and Market Share By Construction (2027-2033)
12. North America Roofing Materials Market, By Material, 2020-2033 (USD Million)
12.1. North America Roofing Materials Market Size and Market Share By Material (2020-2026)12.2. North America Roofing Materials Market Size and Market Share By Material (2027-2033)
13. North America Roofing Materials Market, By Application, 2020-2033 (USD Million)
13.1. North America Roofing Materials Market Size and Market Share By Application (2020-2026)13.2. North America Roofing Materials Market Size and Market Share By Application (2027-2033)
14. North America Roofing Materials Market, By Region, 2020-2033 (USD Million)
14.1. North America Roofing Materials Market Size and Market Share By Region (2020-2026)14.2. North America Roofing Materials Market Size and Market Share By Region (2027-2033)14.3. Eastern Region14.4. Western Region14.5. Northern Region14.6. Southern Region
15. Company Profile
15.1. Owens Corning15.1.1. Company details15.1.2. Financial outlook15.1.3. Product summary15.1.4. Recent developments15.2. CertainTeed Corporation15.2.1. Company details15.2.2. Financial outlook15.2.3. Product summary15.2.4. Recent developments15.3. Atlas Roofing Materials Corporation15.3.1. Company details15.3.2. Financial outlook15.3.3. Product summary15.3.4. Recent developments15.4. Johns Manville15.4.1. Company details15.4.2. Financial outlook15.4.3. Product summary15.4.4. Recent developments15.5. Braas Monier Building Group15.5.1. Company details15.5.2. Financial outlook15.5.3. Product summary15.5.4. Recent developments15.6. IKO Industries Ltd15.6.1. Company details15.6.2. Financial outlook15.6.3. Product summary15.6.4. Recent developments15.7. TAMKO Building Products LLC15.7.1. Company details15.7.2. Financial outlook15.7.3. Product summary15.7.4. Recent developments15.8. GAF Materials Corporation15.8.1. Company details15.8.2. Financial outlook15.8.3. Product summary15.8.4. Recent developments15.9. Carlisle Companies Inc15.9.1. Company details15.9.2. Financial outlook15.9.3. Product summary15.9.4. Recent developments15.10. Others
16. List of Abbreviations
17. Reference Links
18. Conclusion
19. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
North America Roofing Materials Market is projected to reach USD 59.62 billion by 2033, growing at a CAGR of 5.7% during the forecast period.
North America Roofing Materials Market size from 2022. The Market is expected to reach USD 59.62 billion by 2033, at a CAGR of 5.7% during the forecast period.
North America Roofing Materials Market CAGR of 5.7% during the forecast period.
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North America Roofing Materials Market size is 59.62 billion from 2024 to 2033.
"North America Roofing Materials Market Segment is covered By Construction, By Materials, By Application."
The North America is anticipated to have the highest market share in the North America Roofing Materials Market.
The key players in the market include Companies Covered Owens Corning, CertainTeed Corporation, Atlas Roofing Materials Corporation, Johns Manville, Braas Monier Building Group, IKO Industries Ltd, TAMKO Building Products LLC, GAF Materials Corporation, Carlisle Companies Inc, Others.
Technological developments in roofing materials have also given producers the chance to innovate and produce goods that are competitive, thanks to improvements in durability, energy efficiency, and ease of installation.
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