Market Overview:
The global roofing granule market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for roofing granules from residential, commercial, and industrial applications. In terms of type, organic granules are expected to dominate the market during the forecast period owing to their properties such as resistance against UV radiation and fire. However, ceramic-coated granules are projected to grow at a higher CAGR than organic granules during the forecast period due to their superior properties such as durability and weather resistance.
Product Definition:
A roofing granule is a small, round piece of mineral that is used in roofing materials to protect and seal the roof. Roofing granules are usually made of ceramic, but can also be made from other materials like stone or plastic.
Organic Granules:
Organic granules are the dried, pulverized fruit of plants and are used in various applications such as agriculture, roofing and landscaping. Organic granules have a high content of potassium (K), phosphorus (P) and calcium (Ca). The product is available in different sizes ranging from 2 to 12 mm which helps in providing better texture to the soil for proper plant growth. It also has a high content of organic acids which help provide sour taste to protect plants from insects.
Ceramic-Coated Granules:
Ceramic-coated granules are coated with a thin layer of ceramic material. The coating helps in reducing the absorption of water and other organic compounds from roofing granules, which results in reduced runoff and better durability of the product. Ceramic-coated roofing granules have applications in new construction as well as re-roofing projects to prevent leakage problems due to rain or snowfall.
Application Insights:
The residential application segment led the global market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing urbanization, which has resulted in an increased demand for roofing granules across various regions including North America, Europe, Asia Pacific and Middle East & Africa.
The commercial application segment was valued at USD 1.97 billion in 2017 and is expected to witness significant growth over the next eight years owing to rapid expansion of commercial buildings particularly across developing countries like India, China.
Regional Analysis:
Asia Pacific dominated the global roofing granule market in 2017 and is expected to continue its dominance over the forecast period. The region is home to some of the major markets including China, India, Japan, and South Korea. Rapid urbanization coupled with increasing construction activities owing to growing population has driven product demand in this region. In addition, rising disposable income levels are anticipated to fuel market growth over the next eight years.
The Asia Pacific was followed by Europe which accounted for a revenue share of more than 20% in 2017 owing to high consumption volumes generated from residential applications alone across Germany, Italy and Russia as well as other Eastern European countries.
Growth Factors:
- Increasing demand for roofing granules from the construction industry as a result of growth in the global construction sector.
- Rising demand for roofing granules from the automotive industry due to increasing production of automobiles across the globe.
- Growing use of roofing granules in manufacturing asphalt shingles and other roofing materials, which is expected to boost market growth over the forecast period.
- Rising awareness about energy-efficient and eco-friendly building products among consumers is anticipated to fuel demand for roofing granules in the coming years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Roofing Granule Market Research Report
By Type
Organic Granules, Ceramic-Coated Granules, Others
By Application
Residential, Commercial, Industrial, Others
By Companies
3M, GAF, Johns Manville, Harsco, ATI-Blackdiamond, Sesco, Specialty (SGI), Tianjin Yuhong Building Waterproof Material Co., Ltd, Foshan Usure Building Material Co., Ltd., US Minerals, 3M
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
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Roofing Granule Market Report Segments:
The global Roofing Granule market is segmented on the basis of:
Types
Organic Granules, Ceramic-Coated Granules, 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
Residential, Commercial, Industrial, Others
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:
- 3M
- GAF
- Johns Manville
- Harsco
- ATI-Blackdiamond
- Sesco
- Specialty (SGI)
- Tianjin Yuhong Building Waterproof Material Co., Ltd
- Foshan Usure Building Material Co., Ltd.
- US Minerals
- 3M
Highlights of The Roofing Granule 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:
- Organic Granules
- Ceramic-Coated Granules
- Others
- By Application:
- Residential
- Commercial
- Industrial
- Others
- 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 Roofing Granule 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?
Roofing granules are small pieces of roofing material that are used to cover the surface of a roof. Roofing granules can be made from a variety of materials, including asphalt, clay, and metal.
Some of the major players in the roofing granule market are 3M, GAF, Johns Manville, Harsco, ATI-Blackdiamond, Sesco, Specialty (SGI), Tianjin Yuhong Building Waterproof Material Co., Ltd, Foshan Usure Building Material Co., Ltd., US Minerals, 3M.
The roofing granule market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Roofing Granule 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 Roofing Granule Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Roofing Granule 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 Roofing Granule 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 Roofing Granule Market Size & Forecast, 2020-2028
4.5.1 Roofing Granule Market Size and Y-o-Y Growth
4.5.2 Roofing Granule 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 Organic Granules
5.2.2 Ceramic-Coated Granules
5.2.3 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 Residential
6.2.2 Commercial
6.2.3 Industrial
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Roofing Granule 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 Roofing Granule 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 Organic Granules
9.6.2 Ceramic-Coated Granules
9.6.3 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 Residential
9.10.2 Commercial
9.10.3 Industrial
9.10.4 Others
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 Organic Granules
10.6.2 Ceramic-Coated Granules
10.6.3 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 Residential
10.10.2 Commercial
10.10.3 Industrial
10.10.4 Others
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 Organic Granules
11.6.2 Ceramic-Coated Granules
11.6.3 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 Residential
11.10.2 Commercial
11.10.3 Industrial
11.10.4 Others
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 Organic Granules
12.6.2 Ceramic-Coated Granules
12.6.3 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 Residential
12.10.2 Commercial
12.10.3 Industrial
12.10.4 Others
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 Organic Granules
13.6.2 Ceramic-Coated Granules
13.6.3 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 Residential
13.10.2 Commercial
13.10.3 Industrial
13.10.4 Others
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 Roofing Granule Market: Competitive Dashboard
14.2 Global Roofing Granule Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 3M
14.3.2 GAF
14.3.3 Johns Manville
14.3.4 Harsco
14.3.5 ATI-Blackdiamond
14.3.6 Sesco
14.3.7 Specialty (SGI)
14.3.8 Tianjin Yuhong Building Waterproof Material Co., Ltd
14.3.9 Foshan Usure Building Material Co., Ltd.
14.3.10 US Minerals
14.3.11 3M
