Roofing Materials Market, By Material (Asphalt Shingles, Concrete & Clay Tiles, Metal Roof, Plastic Roof, Others), By Application (Residential, Non-residential), and By Geography (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa)

Published In : Jun 2023

Code : CMI5793

Pages :160

Formats :

Excel and PDF

Industry : Advanced Materials

Market News

Global Roofing Materials Market: Key Developments

In November 2021, GAF announced the completion of the expansion of its fourth polyisocyanurate (polyiso) insulation manufacturing plant. The production increase is expected to expand the company’s position in commercial roofing segment.

In September 2021, GAF acquired premium synthetic underlayment manufacturer FT Synthetics based in British Columbia. The acquisition is expected to strengthen the former’s product offerings and allow it to scale further.

In April 2021, GAF announced that it has been able to develop asphalt shingles using its patented waste recycling shingles process. The new development is expected to improve sustainability and circularity across the supply chain.

In March 2021, Atlas Roofing Corporation launched new shingles StormMaster Hip and Ridge Shingles using its Core4 enhanced polymer technology. The new shingles have superior strength, flexibility, durability, and are weather-resistant

In January 2021, Atlas Roofing Corporation announced the construction of a new line at its Ardmore, Oklahoma, U.S. facility. The new line is expected to increase overall throughput of asphalt shingles.

In March 2021, TAMKO Building Products, Inc. launched two new laminated asphalt shingles under Heritage Proline series, namely Titan XT and StormFighter IR. This move by the company is expected to expand its portfolio of shingles.

Global Roofing Materials Market: Key Companies Insights

The global roofing materials market is highly competitive. This is attributed to continuous launch of new technologies due to ongoing R &D and efforts by value chain participants. Moreover, key players are adopting various business growth strategies in order to expand their presence on regional as well as global basis. Some of the key players in the global roofing materials market are Owens Corning, CSR Limited, Carlisle Companies Inc, Wienerberger AG, Etex Group, Fletcher Building, Boral Roofing, Eagle Roofing Products, Johns Manville, CertainTeed, Crown Building Products LLC, TAMKO, Building Products, Inc, Atlas Roofing Corporation, GAF, Georgia-Pacific., Metal-Era LLC, MIDWEST ROOFING SUPPLY, IKO Industries Ltd, Paul Bauder GmbH & Co. KG, Bravo Europa, Bilka, and Maxroof