Europe Fiberglass Shingles Market was valued at USD 1.0 Billion in 2022 and is projected to reach USD 1.6 Billion by 2030, growing at a CAGR of 6.2% from 2024 to 2030.
The demand for fiberglass shingles in Europe has been steadily rising as more industries look for durable, cost-effective, and energy-efficient roofing solutions. Fiberglass shingles are known for their strength, longevity, and resistance to various weather conditions, making them a preferred choice for both residential and commercial applications. With the growing construction and renovation activities across Europe, the fiberglass shingles market is expected to experience substantial growth.
One of the key drivers of this market is the increasing requirement for sustainable and low-maintenance roofing materials. Industries such as construction, real estate, and infrastructure development are contributing significantly to the demand for fiberglass shingles. These shingles not only provide a reliable roofing solution but also offer improved insulation, helping to reduce energy consumption in buildings. As energy efficiency becomes a top priority for industries and consumers alike, fiberglass shingles have become a popular choice for eco-friendly construction projects.
Fiberglass shingles are produced using a fiberglass mat that is coated with asphalt, making them lightweight and resistant to damage from the elements. This durability makes them an ideal choice for roofing in areas prone to heavy rainfall, snow, and extreme temperatures. In addition, fiberglass shingles are relatively easy to install, which reduces labor costs for construction and roofing companies, further contributing to their popularity.
The growing trend of sustainable and green building practices is another factor driving the demand for fiberglass shingles in Europe. With more businesses and consumers prioritizing environmentally friendly materials, fiberglass shingles offer a perfect solution due to their energy-efficient properties and minimal environmental impact during production. Moreover, their ability to withstand harsh weather conditions without requiring frequent repairs or replacements makes them an attractive option for long-term investments.
As the market for fiberglass shingles continues to grow, industries across Europe are increasingly turning to this roofing material to meet their diverse needs. Whether for residential homes, commercial buildings, or large infrastructure projects, fiberglass shingles are proving to be a versatile and reliable solution in the ever-expanding European market.
The fiberglass shingles market is expected to expand further as technological advancements continue to improve the performance and aesthetics of the product. With more innovations on the horizon, fiberglass shingles are poised to meet the evolving demands of industries and consumers alike, ensuring their continued dominance in the European roofing market.
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Victorian PLUS
Taylor-Made Roofing
GAF
PABCO
Owens Corning
Tamko
CertainTeed
Roofing & Siding
IKO Industries Inc.
Nextgen Roofing
Atlas Roofing
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Europe Fiberglass Shingles Market
Residential
Commercial
Industrial
Asphalt Fiberglass Shingles
Wooden Fiberglass Shingles
Metal Fiberglass Shingles
3-Tab Shingles
Architectural Shingles
Luxury Shingles
Homeowners
Contractors
Architects
Standard Durability
High Durability
Premium Durability
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
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1. Introduction of the Europe Fiberglass Shingles Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Europe Fiberglass Shingles Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Europe Fiberglass Shingles Market, By Type
6. Europe Fiberglass Shingles Market, By Application
7. Europe Fiberglass Shingles Market, By Geography
Europe
Germany
UK
France
8. Europe Fiberglass Shingles Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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