Market Overview:
The global commercial roofing materials market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market is segmented on the basis of type, application and region. On the basis of type, the market is segmented into single ply products, modified bitumen materials, spray polyurethane foam (SPF), built-up roofing (BUR), metals and others. Single ply products are further sub-segmented into thermoplastic polyolefin (TPO) and ethylene propylene diene monomer rubber (EPDM). Modified bitumen materials are further sub-segmented into asphaltic based material and non-asphaltic based material. Spray polyurethane foam is further sub-segmented into two types: open cell SPF and closed cell SPF. Closed cell SPF has high R value as compared to open cell SPF which has low R value; this makes it a better insulation for roofs with colder climates or buildings that have higher energy demands such as hospitals or data centers etcetera BUR is again divided in two types: hot asphalt BURs and cold process BURs On the basis of application, the global commercial roofing materials market can be classified as low sloped roofing applications (2° slope).
Product Definition:
Commercial Roofing Materials are materials that are used to roof or cover a commercial building. The most common types of Commercial Roofing Materials are asphalt shingles, metal roofing, and tiles. Commercial roofs need to be durable and weatherproof in order to protect the building from the elements.
Single Ply Products:
Single ply roofing products are manufactured from one single sheet of polyurethane foam. It is installed like tiles and offers numerous advantages over traditional roofing systems such as reduced weight, low cost, easy installation and maintenance.
Advantages include high insulation value which helps in keeping the building cooler during summer and warmer in winters, it reflects solar energy which reduces heating costs.
Modified Bitumen Materials:
Modified Bitumen Materials are a special type of roofing asphalt that is manufactured using modified bitumen. It has high resistance to aging, UV radiation and thermal degradation which makes it an ideal material for use in commercial roofing materials. Modified Bitumen Materials have the ability to reduce the overall weight of a building structure by up to 15% as compared to standard bitumen based products resulting in reduced load on the foundation and reduced stress on supporting beams and columns.
Application Insights:
The low-sloped roofing application segment led the global market in 2017. This is attributed to its rising adoption for industrial purposes, such as warehouses and storage facilities, which require a waterproof covering over the roof. The growth of this application segment can be attributed to increasing industrialization in developing countries like India and China. Steep-sloped roofs are widely used for residential applications as they provide superior water resistance to buildings compared to low sloped roofs. These products are also suitable for commercial applications owing to their durability and cost effectiveness when compared with bitumen sheets that are required under high wind conditions or heavy snowfall events.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to some of the largest construction companies across the globe. These companies are focusing on expanding their business operations in developing economies such as China, India, Indonesia, Vietnam and Thailand due to high growth potential coupled with low labor costs. This trend will have a positive impact on industry growth over next eight years.
The European regional market held a share of more than 20% in terms of revenue in 2017 owing to growing demand for built-up roofing products from several countries including Spain, Italy and Germany among others.
Growth Factors:
- Growing demand for energy-efficient and eco-friendly roofing materials
- Rising awareness about the benefits of commercial roofing materials
- Increasing number of construction projects in developing countries
- Technological advancements in the manufacturing of commercial roofing materials
- Growing demand from end-use industries such as hospitality, healthcare, and retail
Scope Of The Report
Report Attributes
Report Details
Report Title
Commercial Roofing Materials Market Research Report
By Type
Single Ply Products, Modified Bitumen Materials, Spray Polyurethane Foam, Built-up Roofing, Metals, Others
By Application
Low Sloped Roofing, Steep Sloped Roofing
By Companies
GAF, CertainTeed Corporation, TAMKO Building Products, Firestone Building Products Company, Owens Corning Corporation, Johns Manville Corporation, IKO Industries, Duro-Last Roofing, Atlas Roofing Corporation, Braas Monier Building Group, GAF
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
142
Number of Tables & Figures
100
Customization Available
Yes, the report can be customized as per your need.
Global Commercial Roofing Materials Market Report Segments:
The global Commercial Roofing Materials market is segmented on the basis of:
Types
Single Ply Products, Modified Bitumen Materials, Spray Polyurethane Foam, Built-up Roofing, Metals, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Low Sloped Roofing, Steep Sloped Roofing
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- GAF
- CertainTeed Corporation
- TAMKO Building Products
- Firestone Building Products Company
- Owens Corning Corporation
- Johns Manville Corporation
- IKO Industries
- Duro-Last Roofing
- Atlas Roofing Corporation
- Braas Monier Building Group
- GAF
Highlights of The Commercial Roofing Materials Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Single Ply Products
- Modified Bitumen Materials
- Spray Polyurethane Foam
- Built-up Roofing
- Metals
- Others
- By Application:
- Low Sloped Roofing
- Steep Sloped Roofing
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Commercial Roofing Materials Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Commercial roofing materials are those that are used in commercial buildings, such as office buildings, factories, and stores. These materials can be made from a variety of different materials, including metal sheets or tiles, shingles or slate roofs.
Some of the major players in the commercial roofing materials market are GAF, CertainTeed Corporation, TAMKO Building Products, Firestone Building Products Company, Owens Corning Corporation, Johns Manville Corporation, IKO Industries, Duro-Last Roofing, Atlas Roofing Corporation, Braas Monier Building Group, GAF.
The commercial roofing materials market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Commercial Roofing Materials Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Commercial Roofing Materials Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Commercial Roofing Materials Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Commercial Roofing Materials Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Commercial Roofing Materials Market Size & Forecast, 2020-2028
4.5.1 Commercial Roofing Materials Market Size and Y-o-Y Growth
4.5.2 Commercial Roofing Materials Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Single Ply Products
5.2.2 Modified Bitumen Materials
5.2.3 Spray Polyurethane Foam
5.2.4 Built-up Roofing
5.2.5 Metals
5.2.6 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Low Sloped Roofing
6.2.2 Steep Sloped Roofing
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Commercial Roofing Materials Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Commercial Roofing Materials Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Single Ply Products
9.6.2 Modified Bitumen Materials
9.6.3 Spray Polyurethane Foam
9.6.4 Built-up Roofing
9.6.5 Metals
9.6.6 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Low Sloped Roofing
9.10.2 Steep Sloped Roofing
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Single Ply Products
10.6.2 Modified Bitumen Materials
10.6.3 Spray Polyurethane Foam
10.6.4 Built-up Roofing
10.6.5 Metals
10.6.6 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Low Sloped Roofing
10.10.2 Steep Sloped Roofing
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Single Ply Products
11.6.2 Modified Bitumen Materials
11.6.3 Spray Polyurethane Foam
11.6.4 Built-up Roofing
11.6.5 Metals
11.6.6 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Low Sloped Roofing
11.10.2 Steep Sloped Roofing
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Single Ply Products
12.6.2 Modified Bitumen Materials
12.6.3 Spray Polyurethane Foam
12.6.4 Built-up Roofing
12.6.5 Metals
12.6.6 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Low Sloped Roofing
12.10.2 Steep Sloped Roofing
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Single Ply Products
13.6.2 Modified Bitumen Materials
13.6.3 Spray Polyurethane Foam
13.6.4 Built-up Roofing
13.6.5 Metals
13.6.6 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Low Sloped Roofing
13.10.2 Steep Sloped Roofing
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Commercial Roofing Materials Market: Competitive Dashboard
14.2 Global Commercial Roofing Materials Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 GAF
14.3.2 CertainTeed Corporation
14.3.3 TAMKO Building Products
14.3.4 Firestone Building Products Company
14.3.5 Owens Corning Corporation
14.3.6 Johns Manville Corporation
14.3.7 IKO Industries
14.3.8 Duro-Last Roofing
14.3.9 Atlas Roofing Corporation
14.3.10 Braas Monier Building Group
14.3.11 GAF
