United States Fiberglass Shingles Market was valued at USD 1.8 Billion in 2022 and is projected to reach USD 2.9 Billion by 2030, growing at a CAGR of 6.8% from 2024 to 2030.
The US fiberglass shingles market has experienced significant growth in recent years, driven by the increasing demand for durable and energy-efficient roofing solutions. Fiberglass shingles, known for their robustness, cost-effectiveness, and versatility, have become a popular choice for both residential and commercial applications. These shingles are made from a combination of glass fibers and asphalt, offering superior strength compared to traditional asphalt shingles. They are also resistant to extreme weather conditions, such as heavy winds and hail, making them highly suitable for various climates across the United States.
One of the primary drivers of the fiberglass shingles market in the US is the growing demand from industries involved in construction and real estate. As residential and commercial construction activities continue to rise, especially in suburban areas, the need for high-performance roofing materials like fiberglass shingles has surged. Furthermore, the increasing preference for eco-friendly building materials has also contributed to the popularity of fiberglass shingles, as they are often manufactured with recycled materials and have a lower environmental impact compared to alternatives.
Industries such as manufacturing, retail, and hospitality are also significant contributors to the fiberglass shingles market. These sectors require durable roofing solutions that can withstand harsh conditions, including heavy foot traffic, exposure to chemicals, and the demands of energy-efficient buildings. The adoption of fiberglass shingles in industrial facilities, shopping malls, hotels, and other commercial buildings is expected to continue to rise as these industries prioritize cost-effective and long-lasting roofing options.
In addition, the increasing awareness about the benefits of fiberglass shingles, such as their resistance to mold, mildew, and algae growth, further boosts their demand. The growing need for maintenance-free roofing systems and longer product lifespans has made fiberglass shingles an attractive option for property owners looking to reduce long-term costs associated with roof repairs and replacements.
As the fiberglass shingles market in the US continues to expand, manufacturers are constantly innovating to meet the evolving needs of the market. This includes developing shingles with enhanced features such as UV resistance, improved energy efficiency, and aesthetic appeal. The ability to offer diverse options in terms of color, texture, and design has also made fiberglass shingles an attractive choice for homeowners and builders alike, ensuring their continued dominance in the roofing industry.
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Victorian PLUS
Taylor-Made Roofing
GAF
PABCO
Owens Corning
Tamko
CertainTeed
Roofing & Siding
IKO Industries Inc.
Nextgen Roofing
Atlas Roofing
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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 US 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
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the US 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. US Fiberglass Shingles Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. US Fiberglass Shingles Market, By Type
6. US Fiberglass Shingles Market, By Application
7. US Fiberglass Shingles Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. US Fiberglass Shingles Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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