Global Commercial Roofing Materials Market to Reach US$10.6 Billion by 2030
The global market for Commercial Roofing Materials estimated at US$9.2 Billion in the year 2024, is expected to reach US$10.6 Billion by 2030, growing at a CAGR of 2.5% over the analysis period 2024-2030. Low Sloped Roofing, one of the segments analyzed in the report, is expected to record a 2.7% CAGR and reach US$7.1 Billion by the end of the analysis period. Growth in the Steep Sloped Roofing segment is estimated at 2.2% CAGR over the analysis period.
The U.S. Market is Estimated at US$2.4 Billion While China is Forecast to Grow at 4.4% CAGR
The Commercial Roofing Materials market in the U.S. is estimated at US$2.4 Billion in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$2.2 Billion by the year 2030 trailing a CAGR of 4.4% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 0.6% and 1.9% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 1.2% CAGR.
Global Commercial Roofing Materials Market – Key Trends & Drivers Summarized
Why Is There a Growing Demand for Advanced Roofing Materials?
The commercial roofing materials market is seeing significant growth due to the rising demand for durable, energy-efficient, and cost-effective roofing solutions. Building owners are increasingly seeking materials that offer long-term durability while also contributing to energy savings, such as reflective roofs that reduce cooling costs. Furthermore, innovations in roofing technology have introduced materials that are easier to install and maintain, while offering superior protection against environmental factors like extreme weather, UV radiation, and moisture.
How Are Sustainability and Innovation Influencing the Roofing Industry?
Sustainability is a major factor driving the evolution of commercial roofing materials. Green roofing systems, which incorporate vegetation, and cool roofs, which reflect sunlight, are becoming popular choices for commercial buildings aiming to reduce their environmental impact. Solar roofing systems, which integrate photovoltaic panels, allow buildings to generate renewable energy. Technological innovations in material science are also enhancing the lifespan and performance of roofing products, with newer materials offering better insulation, fire resistance, and weatherproofing.
Which Regions and Industries Are Leading the Demand for Roofing Materials?
The construction and real estate sectors are the largest consumers of commercial roofing materials. In regions such as North America and Europe, the demand for roofing materials is driven by the need for roof replacements in aging infrastructure, as well as new construction projects. Emerging markets in Asia-Pacific and Latin America are also contributing to growth, with rapid urbanization and industrial development leading to increased commercial construction activity. The rise of green building certifications and energy efficiency standards is pushing businesses to adopt more advanced and eco-friendly roofing solutions.
What Are the Key Growth Drivers of the Commercial Roofing Materials Market?
The growth in the commercial roofing materials market is driven by several factors, including the rising demand for energy-efficient buildings, advancements in material technology, and increased construction activities in emerging economies. As more businesses adopt green building practices, the demand for sustainable and energy-saving roofing solutions is on the rise. Technological advancements in materials, such as increased durability and weather resistance, are also contributing to market growth. Additionally, government regulations and incentives aimed at promoting energy efficiency and sustainability are encouraging building owners to invest in advanced roofing systems.
TARIFF IMPACT FACTOR
Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.
We are diligently following expert opinions of leading Chief Economists (14,949), Think Tanks (62), Trade & Industry bodies (171) worldwide, as they assess impact and address new market realities for their ecosystems. Experts and economists from every major country are tracked for their opinions on tariffs and how they will impact their countries.
We expect this chaos to play out over the next 2-3 months and a new world order is established with more clarity. We are tracking these developments on a real time basis.
As we release this report, U.S. Trade Representatives are pushing their counterparts in 183 countries for an early closure to bilateral tariff negotiations. Most of the major trading partners also have initiated trade agreements with other key trading nations, outside of those in the works with the United States. We are tracking such secondary fallouts as supply chains shift.
To our valued clients, we say, we have your back. We will present a simplified market reassessment by incorporating these changes!
APRIL 2025: NEGOTIATION PHASE
Our April release addresses the impact of tariffs on the overall global market and presents market adjustments by geography. Our trajectories are based on historic data and evolving market impacting factors.
JULY 2025 FINAL TARIFF RESET
Complimentary Update: Our clients will also receive a complimentary update in July after a final reset is announced between nations. The final updated version incorporates clearly defined Tariff Impact Analyses.
Reciprocal and Bilateral Trade & Tariff Impact Analyses:
USA
CHINA
MEXICO
CANADA
EU
JAPAN
INDIA
176 OTHER COUNTRIES.
Leading Economists - Our knowledge base tracks 14,949 economists including a select group of most influential Chief Economists of nations, think tanks, trade and industry bodies, big enterprises, and domain experts who are sharing views on the fallout of this unprecedented paradigm shift in the global econometric landscape. Most of our 16,491+ reports have incorporated this two-stage release schedule based on milestones.
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