Steep Slope Roofing Materials Market

Steep Slope Roofing Materials Market: North America to Dominate the Market in Revenue Terms

Steep Slope Roofing Materials Market

Introduction

A steep slope roofing is defined as roofing that are suitable for roofs possessing slopes of 3:12 or greater. This translates into for every 12 horizontal inches, the rise of the roof is 3 inches or more. Steep slope roofs are preferred by both the customers and architects since they add aesthetic appeal to the building and even offer a long-term performance. In other words, steep slope roofs are attractive and even affordable. The steep slope roofs possess the characteristics of greater aesthetic appeal, long service life, resistance to wind and low maintenance requirements. Also, they can be transformed into wide variety of shapes, giving a vast scope to creativity and new design techniques. In addition, another main advantage of building a steep slope roof is that they accelerate the water run-off rate, due to which water doesn’t tend to accumulate on the roof and the build-up of debris and mold is avoided.

The demand of steep slope roofing materials is tied to the growth in the construction industry. Increasing disposable income also plays a major part in the growth of steep slope roofing materials market. Besides, macro-economic factors like a growing population and improvement in the overall economy growth rate also play their part in the growth of this market. However, an economic slowdown in some regions of the world has adversely affected the growth of the construction industry, thereby adversely impacting the demand for steep slope roofing materials.  

steep slope roofing materials market

According to the assessment of Persistence Market Research, the global steep slope roofing materials market is forecasted to reach a figure of about US$ 14,630 Mn in 2022 and is poised to exhibit a sluggish CAGR in the period of assessment.

Find Out More about the Report Coverage

Companies

Company Profiles

  • Owens Corning
  • CertainTeed Corporation
  • GAF
  • Henry Company
  • Malarkey Roofing Products
  • IKO Production, Inc.
  • Siplast Incorporated
  • TAMKO Building Products, Inc.
  • Tarco
  • Polyglass USA, Inc.
  • Atlas Roofing Corporation
  • Others

North America Market Set to Dominate the Global Steep Slope Roofing Materials Market in Terms of Revenue

The market in North America is set to dominate the global steep slope roofing materials market in terms of value and this trend is projected to sustain itself throughout the assessment period. North America steep slope roofing materials market is the most attractive market, growing at a sluggish CAGR over the forecast period.

Customize this Report

Explore Intelligence Tailored to Your Business Goals.

Asphalt Shingle Segment Slated to Touch a Value of Nearly US$ 9,200 Mn in 2022

According to the projections of Persistence Market Research, the asphalt shingle segment is expected to reach a value of about US$ 9,200 Mn in the year 2022. This signifies a sluggish CAGR during the forecast period of 2017-2022. The asphalt shingle segment is estimated to account for nearly two-thirds of the revenue share of the material type segment by the end of the year 2017 and is expected to gain in market share by 2022 over 2017.

Market Research Methodology - Perfected through Years of Diligence

A key factor for our unrivaled market research accuracy is our expert- and data-driven research methodologies. We combine an eclectic mix of experience, analytics, machine learning, and data science to develop research methodologies that result in a multi-dimensional, yet realistic analysis of a market.

Get actionable insights on Ship Repair And Maintenance Services Market

New Construction Segment to Exhibit a CAGR of Nearly 3% During the Assessment Period

According to the assessment of Persistence Market Research, the new construction segment is poised to touch a figure of about US$ 3,800 Mn in the year 2022. This signifies a CAGR of nearly 3% during the assessment period from 2017 till the year 2022. The new construction segment is estimated to account for more than one-fourth of the revenue share of the end-market segment by the end of the year 2017 and is projected to lose market share by 2022 over 2017.

Explore Persistence Market Research’s expertise in promulgation of the business !

Competition Tracking

The report also profiles companies that are expected to remain active in the expansion of global steep slope roofing materials market through 2022, which include Owens Corning, CertainTeed Corporation, Henry Company LLC, Malarkey Roofing Products, IKO Industries, Ltd., Siplast, Inc., TAMKO Building Products, Inc., Tarco, Inc., Polyglass U.S.A., Inc. and Atlas Roofing Corporation.

Market Taxonomy

Material Type

  • Asphalt shingle
  • Tiles
  • Metal
  • Concrete
  • Slate
  • Wood

End Market

  • New Construction
  • Re-roofing

Form

  • Strips
  • Laminates
  • Heavy Weight Laminates

Region

  • North America
  • Latin America
  • Europe
  • Japan
  • Asia Pacific excluding Japan
  • Middle East and Africa

 

Media Release

Recommendations

Global Construction Aggregates Market

Persistence Market Research - PMR’s study on the construction aggregates market is divided into these significant segments - type, applications & regional outlook.

Industrial Flooring Market

Study reports from PMR suggest global industrial flooring market, in general, is poised to witness steady growth over the ten-year forecast period, with robust CAGR, growth demand & revenue.

Building Products Market

Global building products market is expected to reach a valuation of around US$ 49 Bn by the end of 2025 from an estimation revenue of US$ 33.16 Bn in 2017.

Float Glass Market

Float Glass Market studies is relevant for distributors, investors, manufacturers, suppliers, and stakeholders. It can help them understand the growth strategies implemented by various players in the float glass market..

Our Clients

Our Clients