Asphalt Shingles Market by Platform, Type, Technology and End User Industry Statistics, Scope, Demand with Forecast 2030

Asphalt Shingles Market size was valued at USD 6,256.04 Million in 2020 and is projected to reach USD 7,663.70 Million by 2028, growing at a CAGR of 2.57% from 2021 to 2028.

Asphalt Shingles Market, A type of wall or roof shingle known as an asphalt shingle uses asphalt to provide waterproofing. Because of its low initial cost and straightforward installation, it is one of the most popular roofing covers in North America. Asphalt shingles are made from two different types of base materials: organic and fibreglass. Both are constructed similarly, with an asphalt-saturated base covered with asphalt or modified asphalt on one or both sides, the exposed surface impregnated with slate, schist, quartz, vitrified brick, stone, or ceramic granules, and the underside treated with sand, talc, or mica to prevent shingles from sticking to one another before use.

Trends & Developments
Asphalt shingles offer protection and aesthetic appeal for a relatively low cost. Additionally, they are inexpensive, lightweight, simple to instal, and simple to replace when they are broken. The demand for asphalt shingles is expected to rise in the near future due to the rise in expenditure on residential building and renovation. Due to the emergence of numerous severe weather events in 2018, demand for asphalt shingles in the U.S. increased significantly, creating a substantial need for re-roofing.

Our thorough analysis of the Asphalt Shingles Market includes both qualitative and quantitative market data, making it an essential resource. It enables users from all over the world to learn about the Asphalt Shingles Market's quick expansion, including all of the ups and downs covered in the report. A chapter on the Covid-19 controversy has also been added by our analysts because it significantly impacted market expansion. In the research, we also offer a meta-analysis and an organised data assessment of the industry based on international producers and geographical areas. Additionally, our researchers categorise market untapped potential with a rising CAGR for the worldwide Asphalt Shingles Market estimate through 2030.

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Global Asphalt Shingles Market: Major Players
CertainTeed
PABCO
Malarkey Roofing
TAMKO Building Products
IKO Group
Atlas Roofing
Owens Corning
Tarco
Polyglass USA
GAF Materials

Global Asphalt Shingles Market: By Types
Dimensional Shingles
High Performance Laminated Shingles
Three-Tab Shingles

Global Asphalt Shingles Market: By Applications
Residential
Commercial

Global Asphalt Shingles Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Asphalt Shingles market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

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The report has helped our clients:
1. To gain competitive intelligence and uncover new opportunities
2. To analyse opportunities in the Market for stakeholders by identifying high-growth segments in Asphalt Shingles
3. To strategically profile key players and provide details of the current competitive landscape
4. To describe and forecast the Asphalt Shingles size, on the basis of various segmentations and geography, in terms of value and volume
5. To measure the changing needs of customers/industries
6. To provide detailed information regarding the drivers, restraints, opportunities, and challenges influencing the growth of the Asphalt Shingles
7. To analyse strategic approaches adopted by players in the Asphalt Shingles, such as product launches and developments, acquisitions, collaborations, contracts, expansions, and partnerships

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