Us Specialty Roofing Market Size By Applications, By Type, By End-User, By Deployment & By Technology 2032
Specialty Roofing Market was valued at USD 25.2 Billion in 2022 and is projected to reach USD 40.5 Billion by 2030, growing at a CAGR of 6.5% from 2024 to 2030.
The United States specialty roofing market is experiencing significant growth, driven by advancements in materials and a heightened focus on sustainability. As of 2023, the market was valued at approximately USD 23.35 billion, with projections indicating it will reach around USD 41.50 billion by 2032, growing at a compound annual growth rate (CAGR) of 6.6%.
Several factors contribute to this upward trajectory:
Innovative Materials: The adoption of advanced roofing solutions, such as polymer-modified asphalt shingles, is on the rise. These materials offer enhanced durability and energy efficiency, appealing to both residential and commercial sectors.
Environmental Considerations: There's an increasing demand for eco-friendly roofing options. Green or vegetative roofing systems are gaining popularity, with forecasts predicting a 7.7% annual increase, reaching a market value of $586 million by 2028.
Technological Integration: The integration of technology, including artificial intelligence, is revolutionizing the roofing industry. Companies are leveraging AI for tasks like demand forecasting and inventory management, enhancing operational efficiency.
In my experience, homeowners and businesses are prioritizing roofing solutions that not only provide protection but also contribute to energy savings and environmental sustainability. The shift towards materials that mimic premium aesthetics, such as asphalt shingles resembling wood or slate, offers cost-effective yet visually appealing alternatives.
Moreover, the market is witnessing strategic investments aimed at bolstering technological capabilities. For instance, Sumeru Equity Partners' $330 million investment in JobNimbus, a software provider for roofing contractors, underscores the industry's move towards digital transformation.
As the U.S. specialty roofing market continues to evolve, stakeholders are poised to benefit from innovations that align with modern construction demands and sustainability goals.
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BASF
Atlas Roofing
Johns Manville
Knauf Insulation
Lapolla
Bayer
Saint-Gobain
Owens Corning
GAF Materials
Sika Sarnafil
Rockwool Group
Royal Group
CertainTeed
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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 Global Specialty Roofing Market
Metal Roofing
Asphalt Shingles
Tile Roofing
Slate Roofing
Wood Shakes and Shingles
Synthetic Roofing
Residential Buildings
Commercial Buildings
Industrial Facilities
Institutional Buildings
Infrastructure Projects (e.g., bridges, tunnels)
New Construction
Roof Replacement and Renovation
Roof Repair
Energy Efficiency
Weather Resistance (e.g., UV, wind, hail)
Fire Resistance
Sound Insulation
Low Maintenance
Price Sensitivity
Brand Loyalty
Sustainability Preferences
Design and Aesthetics
Influence of Contractor/Installer Recommendations
Global (United States, Global 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 Global Specialty Roofing 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. Global Specialty Roofing Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Specialty Roofing Market, By Type
6. Global Specialty Roofing Market, By Application
7. Global Specialty Roofing Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Specialty Roofing Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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