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Asphalt Shingles-Global Market Insights and Sales Trends 2025
Synopsis
An asphalt shingle is a type of wall or roof shingle that uses asphalt for waterproofing. It is one of the most widely used roofing covers in North America because it has a relatively inexpensive up-front cost and is fairly simple to install.
The global Asphalt Shingles market size is expected to reach US$ 8360.4 million by 2029, growing at a CAGR of 2.3% from 2023 to 2029. The market is mainly driven by the significant applications of Asphalt Shingles in various end use industries. The expanding demands from the Residential and Commercial, are propelling Asphalt Shingles market. High-performance laminated, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Laminated segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Asphalt Shingles market, driven by demand from China, the second largest economy with some signs of stabilising, the Asphalt Shingles market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Asphalt Shingles, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Asphalt Shingles market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Asphalt Shingles market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Asphalt Shingles sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Asphalt Shingles covered in this report include GAF Materials, Owens Corning, CertainTeed, Atlas Roofing, IKO Group, Malarkey Roofing, PABCO, TAMKO Building Products and Polyglass USA, etc.
The global Asphalt Shingles market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
GAF Materials
Owens Corning
CertainTeed
Atlas Roofing
IKO Group
Malarkey Roofing
PABCO
TAMKO Building Products
Polyglass USA
Tarco
Henry Company
Siplast
Global Asphalt Shingles market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Asphalt Shingles market, Segment by Type:
High-performance laminated
Laminated
Three-tab
Global Asphalt Shingles market, by Application
Residential
Commercial
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Asphalt Shingles manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Asphalt Shingles in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
An asphalt shingle is a type of wall or roof shingle that uses asphalt for waterproofing. It is one of the most widely used roofing covers in North America because it has a relatively inexpensive up-front cost and is fairly simple to install.
The global Asphalt Shingles market size is expected to reach US$ 8360.4 million by 2029, growing at a CAGR of 2.3% from 2023 to 2029. The market is mainly driven by the significant applications of Asphalt Shingles in various end use industries. The expanding demands from the Residential and Commercial, are propelling Asphalt Shingles market. High-performance laminated, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Laminated segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Asphalt Shingles market, driven by demand from China, the second largest economy with some signs of stabilising, the Asphalt Shingles market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Asphalt Shingles, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Asphalt Shingles market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Asphalt Shingles market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Asphalt Shingles sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Asphalt Shingles covered in this report include GAF Materials, Owens Corning, CertainTeed, Atlas Roofing, IKO Group, Malarkey Roofing, PABCO, TAMKO Building Products and Polyglass USA, etc.
The global Asphalt Shingles market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
GAF Materials
Owens Corning
CertainTeed
Atlas Roofing
IKO Group
Malarkey Roofing
PABCO
TAMKO Building Products
Polyglass USA
Tarco
Henry Company
Siplast
Global Asphalt Shingles market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Asphalt Shingles market, Segment by Type:
High-performance laminated
Laminated
Three-tab
Global Asphalt Shingles market, by Application
Residential
Commercial
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Asphalt Shingles manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Asphalt Shingles in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Asphalt Shingles Market Overview
1.1 Asphalt Shingles Product Overview
1.2 Asphalt Shingles Market Segment by Type
1.2.1 High-performance laminated
1.2.2 Laminated
1.2.3 Three-tab
1.3 Global Asphalt Shingles Market Size by Type
1.3.1 Global Asphalt Shingles Market Size Overview by Type (2018-2029)
1.3.2 Global Asphalt Shingles Historic Market Size Review by Type (2018-2023)
1.3.3 Global Asphalt Shingles Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Asphalt Shingles Sales Breakdown by Type (2018-2023)
1.4.2 Europe Asphalt Shingles Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Asphalt Shingles Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Asphalt Shingles Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Asphalt Shingles Sales Breakdown by Type (2018-2023)
2 Global Asphalt Shingles Market Competition by Company
2.1 Global Top Players by Asphalt Shingles Sales (2018-2023)
2.2 Global Top Players by Asphalt Shingles Revenue (2018-2023)
2.3 Global Top Players by Asphalt Shingles Price (2018-2023)
2.4 Global Top Manufacturers Asphalt Shingles Manufacturing Base Distribution, Sales Area, Product Type
2.5 Asphalt Shingles Market Competitive Situation and Trends
2.5.1 Asphalt Shingles Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Asphalt Shingles Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Asphalt Shingles as of 2022)
2.7 Date of Key Manufacturers Enter into Asphalt Shingles Market
2.8 Key Manufacturers Asphalt Shingles Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Asphalt Shingles Status and Outlook by Region
3.1 Global Asphalt Shingles Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Asphalt Shingles Historic Market Size by Region
3.2.1 Global Asphalt Shingles Sales in Volume by Region (2018-2023)
3.2.2 Global Asphalt Shingles Sales in Value by Region (2018-2023)
3.2.3 Global Asphalt Shingles Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Asphalt Shingles Forecasted Market Size by Region
3.3.1 Global Asphalt Shingles Sales in Volume by Region (2024-2029)
3.3.2 Global Asphalt Shingles Sales in Value by Region (2024-2029)
3.3.3 Global Asphalt Shingles Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Asphalt Shingles by Application
4.1 Asphalt Shingles Market Segment by Application
4.1.1 Residential
4.1.2 Commercial
4.2 Global Asphalt Shingles Market Size by Application
4.2.1 Global Asphalt Shingles Market Size Overview by Application (2018-2029)
4.2.2 Global Asphalt Shingles Historic Market Size Review by Application (2018-2023)
4.2.3 Global Asphalt Shingles Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Asphalt Shingles Sales Breakdown by Application (2018-2023)
4.3.2 Europe Asphalt Shingles Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Asphalt Shingles Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Asphalt Shingles Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Asphalt Shingles Sales Breakdown by Application (2018-2023)
5 North America Asphalt Shingles by Country
5.1 North America Asphalt Shingles Historic Market Size by Country
5.1.1 North America Asphalt Shingles Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Asphalt Shingles Sales in Volume by Country (2018-2023)
5.1.3 North America Asphalt Shingles Sales in Value by Country (2018-2023)
5.2 North America Asphalt Shingles Forecasted Market Size by Country
5.2.1 North America Asphalt Shingles Sales in Volume by Country (2024-2029)
5.2.2 North America Asphalt Shingles Sales in Value by Country (2024-2029)
6 Europe Asphalt Shingles by Country
6.1 Europe Asphalt Shingles Historic Market Size by Country
6.1.1 Europe Asphalt Shingles Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Asphalt Shingles Sales in Volume by Country (2018-2023)
6.1.3 Europe Asphalt Shingles Sales in Value by Country (2018-2023)
6.2 Europe Asphalt Shingles Forecasted Market Size by Country
6.2.1 Europe Asphalt Shingles Sales in Volume by Country (2024-2029)
6.2.2 Europe Asphalt Shingles Sales in Value by Country (2024-2029)
7 Asia-Pacific Asphalt Shingles by Region
7.1 Asia-Pacific Asphalt Shingles Historic Market Size by Region
7.1.1 Asia-Pacific Asphalt Shingles Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Asphalt Shingles Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Asphalt Shingles Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Asphalt Shingles Forecasted Market Size by Region
7.2.1 Asia-Pacific Asphalt Shingles Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Asphalt Shingles Sales in Value by Region (2024-2029)
8 Latin America Asphalt Shingles by Country
8.1 Latin America Asphalt Shingles Historic Market Size by Country
8.1.1 Latin America Asphalt Shingles Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Asphalt Shingles Sales in Volume by Country (2018-2023)
8.1.3 Latin America Asphalt Shingles Sales in Value by Country (2018-2023)
8.2 Latin America Asphalt Shingles Forecasted Market Size by Country
8.2.1 Latin America Asphalt Shingles Sales in Volume by Country (2024-2029)
8.2.2 Latin America Asphalt Shingles Sales in Value by Country (2024-2029)
9 Middle East and Africa Asphalt Shingles by Country
9.1 Middle East and Africa Asphalt Shingles Historic Market Size by Country
9.1.1 Middle East and Africa Asphalt Shingles Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Asphalt Shingles Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Asphalt Shingles Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Asphalt Shingles Forecasted Market Size by Country
9.2.1 Middle East and Africa Asphalt Shingles Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Asphalt Shingles Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 GAF Materials
10.1.1 GAF Materials Company Information
10.1.2 GAF Materials Introduction and Business Overview
10.1.3 GAF Materials Asphalt Shingles Sales, Revenue and Gross Margin (2018-2023)
10.1.4 GAF Materials Asphalt Shingles Products Offered
10.1.5 GAF Materials Recent Development
10.2 Owens Corning
10.2.1 Owens Corning Company Information
10.2.2 Owens Corning Introduction and Business Overview
10.2.3 Owens Corning Asphalt Shingles Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Owens Corning Asphalt Shingles Products Offered
10.2.5 Owens Corning Recent Development
10.3 CertainTeed
10.3.1 CertainTeed Company Information
10.3.2 CertainTeed Introduction and Business Overview
10.3.3 CertainTeed Asphalt Shingles Sales, Revenue and Gross Margin (2018-2023)
10.3.4 CertainTeed Asphalt Shingles Products Offered
10.3.5 CertainTeed Recent Development
10.4 Atlas Roofing
10.4.1 Atlas Roofing Company Information
10.4.2 Atlas Roofing Introduction and Business Overview
10.4.3 Atlas Roofing Asphalt Shingles Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Atlas Roofing Asphalt Shingles Products Offered
10.4.5 Atlas Roofing Recent Development
10.5 IKO Group
10.5.1 IKO Group Company Information
10.5.2 IKO Group Introduction and Business Overview
10.5.3 IKO Group Asphalt Shingles Sales, Revenue and Gross Margin (2018-2023)
10.5.4 IKO Group Asphalt Shingles Products Offered
10.5.5 IKO Group Recent Development
10.6 Malarkey Roofing
10.6.1 Malarkey Roofing Company Information
10.6.2 Malarkey Roofing Introduction and Business Overview
10.6.3 Malarkey Roofing Asphalt Shingles Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Malarkey Roofing Asphalt Shingles Products Offered
10.6.5 Malarkey Roofing Recent Development
10.7 PABCO
10.7.1 PABCO Company Information
10.7.2 PABCO Introduction and Business Overview
10.7.3 PABCO Asphalt Shingles Sales, Revenue and Gross Margin (2018-2023)
10.7.4 PABCO Asphalt Shingles Products Offered
10.7.5 PABCO Recent Development
10.8 TAMKO Building Products
10.8.1 TAMKO Building Products Company Information
10.8.2 TAMKO Building Products Introduction and Business Overview
10.8.3 TAMKO Building Products Asphalt Shingles Sales, Revenue and Gross Margin (2018-2023)
10.8.4 TAMKO Building Products Asphalt Shingles Products Offered
10.8.5 TAMKO Building Products Recent Development
10.9 Polyglass USA
10.9.1 Polyglass USA Company Information
10.9.2 Polyglass USA Introduction and Business Overview
10.9.3 Polyglass USA Asphalt Shingles Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Polyglass USA Asphalt Shingles Products Offered
10.9.5 Polyglass USA Recent Development
10.10 Tarco
10.10.1 Tarco Company Information
10.10.2 Tarco Introduction and Business Overview
10.10.3 Tarco Asphalt Shingles Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Tarco Asphalt Shingles Products Offered
10.10.5 Tarco Recent Development
10.11 Henry Company
10.11.1 Henry Company Company Information
10.11.2 Henry Company Introduction and Business Overview
10.11.3 Henry Company Asphalt Shingles Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Henry Company Asphalt Shingles Products Offered
10.11.5 Henry Company Recent Development
10.12 Siplast
10.12.1 Siplast Company Information
10.12.2 Siplast Introduction and Business Overview
10.12.3 Siplast Asphalt Shingles Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Siplast Asphalt Shingles Products Offered
10.12.5 Siplast Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Asphalt Shingles Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Asphalt Shingles Industrial Chain Analysis
11.4 Asphalt Shingles Market Dynamics
11.4.1 Asphalt Shingles Industry Trends
11.4.2 Asphalt Shingles Market Drivers
11.4.3 Asphalt Shingles Market Challenges
11.4.4 Asphalt Shingles Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Asphalt Shingles Distributors
12.3 Asphalt Shingles Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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