World Roofing

World Roofing

World demand for roofing materials will reach 13.8 billion square meters, advancing 2.9 annually. Gains will be fueled by advances in residential building construction activity across many regions. Interest in durable and environmentally sustainable products will also support growth.
This report segments the world roofing industry by product, market, country and region. Data are provided in both dollars and square meters.
Products used in the world roofing industry include:
Bituminous shingles and plates
Bituminous low-slope
Clay tile
Concrete Tile
Elastomeric
Fiber Cement
Metal
Plastic

Bituminous roofing materials will remain the largest segment through 2020, accounting for over one third of the market in area terms. However, metal, plastic, and EPDM roofing will all see stronger growth through the forecast period.

Roofing markets include residential and nonresidential buildings, in both new construction and improvement and repair applications. The residential market accounts for the larger share of demand. However, new nonresidential demand will see the fastest growth, supported by ongoing robust advances in China, India and other developing countries.

This study covers 18 major countries across the 6 world regions:
North America
Western Europe
Asia/Pacific
Central & South America
Eastern Europe
Africa/Mideast

The Africa/Mideast region will see the strongest advances through 2020, driven by rising construction spending and rising use of manufactured roofing products in the region’s many developing markets. Advances in the Asia/Pacific region will decelerate from the rate of growth in the early 2000s because of a significant slowdown in growth in China, the world’s largest roofing market.

The roofing industry is fragmented and local manufacturers make up a large share of the market. However, there are a few firms that account for a significant share of the market. World roofing producers include Braas Monier Building Group, Etex Group, Firestone Building Products (Bridgestone), GAF Materials, IKO Group, Johns Manville (Berkshire Hathaway), Nordic Waterproofing, Owens Corning, Sika, Saint-Gobain, Siam Cement, and Tajima Roofing.