Press release
Asphalt Shingles Market Size, Emerging Trends, Market Opportunities, Key Players And Forecast To 2033
Asphalt Shingles Market Trends
The asphalt shingles market size is expected to see steady growth in the next few years. It will grow to $8.46 billion in 2028 at a compound annual growth rate (CAGR) of 3.7%. The growth in the forecast period can be attributed to sustainability and green building, extreme weather events, residential and commercial construction, solar-ready shingles. Major trends in the forecast period include technological advancements, cool roofing, architectural shingle designs, smart roofing.
Market Overview -
Asphalt shingles refer to a type of roofing material comprising individual overlapping elements formulated from a blend of asphalt and fiberglass. The asphalt shingles are coated with a granular surface that amplifies the shingle's surface area, enabling them to effectively resist the sun's UV rays, which in turn helps maintain cooler roof temperatures.
Download Free Sample of Report -
https://www.thebusinessresearchcompany.com/sample.aspx?id=13030&type=smp
Surging Construction Demand Fuels Growth In The Asphalt Shingles Market
The increasing demand for construction activities is expected to propel the growth of the asphalt shingles market going forward. Construction activities refer to the processes involved in assembling buildings or infrastructure. Asphalt shingles are commonly used roofing materials in construction activities of buildings, providing new appearance, textures and qualities to infrastructures. For instance, in October 2021, according to a report published by Oxford Economics, a UK-based economic information services company, the global construction output was $10.7 trillion in 2020 and between 2020 and 2030, it is expected to increase by 42%, or $4.5 trillion, to reach $15.2 trillion. Therefore, the increasing demand for construction activities is driving the growth of the asphalt shingles market.
Competitive Landscape -
Major players in the asphalt shingles market are Sika AG, Owens Corning Inc., Carlisle Companies Inc., Wienerberger AG, Soprema Group, Mueller Inc., Johns Manville Corporation, BMI Group, Braas Monier Building Group SA, Certain Teed Corporation, GAF Materials Corporation, IKO Industries Ltd., Atlas Roofing Corporation, Holcim Building Envelope, TAMKO Building Products Inc., Henry Company LLC, Malarkey Roofing Products Co., Building Products of Canada Corp., Siplast Inc., Englert Inc., Polyglass U.S.A Inc., Marley Eternit Ltd., Versico Roofing Systems Inc., Canroof Corporation Inc., TARCO Roofing Materials Inc., SaintGobain SA, DECRA Roofing Systems Inc., PABCO Building Products LLC, Ruberoid Team AG, Premier Building Systems.
Leading Companies In The Asphalt Shingles Market Drive Innovation With Laminated Shingle Products
Major companies operating in the asphalt shingles market are innovating new products, such as laminated shingles, to meet customer demands. Architectural shingles, also known as laminated or dimensional shingles, are a type of roofing material used in construction designed to enhance aesthetics and durability for buildings compared to traditional three-tab asphalt shingles. For instance, in March 2023, Atlas Roofing Corporation, a US-based building material manufacturing company, launched Pinnacle, a line of architectural shingles. These tiles are designed to deflect solar radiation from the roof, thus limiting heat transfer into the house. As a result, this reflectivity lowers the need for cooling and raises the home's overall energy efficiency. Pinnacle Sun shingles are especially useful in regions where year-round cooling is required, as they offer cool-roofing solutions that help decrease indoor air temperatures.
Browse Full Report @
https://www.thebusinessresearchcompany.com/report/asphalt-shingles-global-market-report
Key Segments -
The asphalt shingles market covered in this report is segmented -
1) By Product Type: Dimensional Shingles; High-Performance Laminated Shingles; Three-Tab Shingles
2) By Composition: Organic Asphalt Shingles; Fiberglass Asphalt Shingles
3) By Application: Residential; Commercial
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Asphalt Shingles Market Size, Emerging Trends, Market Opportunities, Key Players And Forecast To 2033 here
News-ID: 3500459 • Views: …
More Releases from The Business research company
Segment Evaluation and Major Growth Areas in the Personalized Testing and Supple …
The personalized testing and supplements sector is gaining remarkable traction, driven by advancements in technology and a rising consumer focus on tailored health solutions. As more individuals seek customized wellness options, this market is set to experience substantial expansion in the coming years. Here's an in-depth look at its current valuation, key players, significant trends, and the main market segments shaping its future.
Market Valuation and Expansion Forecast for Personalized Testing…
Top Players and Market Competition in the Skin Microbiome Industry
The skin microbiome market is emerging as a significant area of interest due to growing awareness about the critical role of skin health and innovative skincare technologies. As research advances and consumer preferences shift towards more natural and science-backed products, this market is set to undergo substantial growth. Let's explore the current market size, key players, driving factors, and upcoming trends shaping the skin microbiome industry.
Projected Expansion in the Skin…
Key Strategic Developments and Emerging Changes Shaping the Upadacitinib Market …
The upadacitinib market is poised for significant expansion over the coming years, driven by advances in treatment options and increasing awareness of autoimmune diseases. This report delves into the market's current size, key drivers, major players, and the emerging trends shaping its future trajectory.
Steady Growth Expected in Upadacitinib Market Size Through 2029
The market for upadacitinib is projected to reach $2.54 billion by 2029, growing at a robust compound annual…
Analysis of Key Market Segments Driving the Alzheimer's Disease Diagnostic Marke …
The Alzheimer's disease diagnostic sector is rapidly evolving as advancements in technology and healthcare infrastructure open new possibilities for early detection and personalized treatment. With rising awareness and innovative approaches, this market is poised for significant growth in the coming years. Let's explore the current market size, key drivers, leading companies, and emerging trends that are shaping this critical healthcare field.
Projected Market Size and Growth Trends in Alzheimer's Disease Diagnostics…
More Releases for Shingle
Maintenance And Design Tips For Hexagonal Roof Shingle
When it comes to roofing, hexagonal tiles are a unique and stylish choice that will enhance the aesthetics of any home. Not only do they look unique, but they are also durable. At BFS, a leading asphalt shingle manufacturer based in Tianjin, China, we understand the importance of designing and maintaining hexagonal tiles. With over 15 years of experience in the industry, we are here to share some practical tips…
How Consumer Trust is Shaping the Shingle Siding Market
Shingle Siding Market Revenue was valued at USD 1.5 Billion in 2024 and is estimated to reach USD 2.5 Billion by 2033, growing at a CAGR of 6.5% from 2026 to 2033.
Shingle Siding Market Future Scope
The Shingle Siding Market was valued at approximately USD 2.3 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 4.2% during the forecast period from 2023 to 2030.…
Classic Metal Roofs: Expert Aluminum Shingle Metal Roof Installation & Services
Classic Metal Roofs specializes in high-quality aluminum shingle metal roofing, offering durable, energy-efficient solutions. With expert craftsmanship and advanced technology, they deliver long-lasting performance and aesthetic appeal.
A roof protects a home while enhancing its aesthetic and energy efficiency. Classic Metal Roofs has earned a reputation for providing high-quality aluminum shingle metal roof [https://maps.app.goo.gl/nLjgBNXkNqFrCxMcA#aluminum-shingle-metal-roof] installations that ensure long-lasting durability and superior performance. The company remains a trusted name, focusing on expert…
Skyward Roofing Shares Cost-Effective Solutions for Shingle Roof Repair
Image: https://www.getnews.info/wp-content/uploads/2024/05/1716569568.jpeg
Skyward Roofing is a top-rated roofing company. In a recent update, the company shared cost-effective solutions for shingle roof repair.
New York, NY - May 24, 2024 - In a website post, Skyward Roofing shared cost-effective solutions for shingle roof repair.
The professionals asserted that one cost-effective solution for shingle roof repair New York [https://www.skywardroofing.com/outdoor-adventures-in-new-york-city.html] is to examine and address smaller issues before they become significant problems. This can involve checking…
Global Ecological Roofing Shingle Market Research Report 2023-2029
Ecological Roofing Shingle report published by QYResearch reveals that COVID-19 and Russia-Ukraine War impacted the market dually in 2022. Global Ecological Roofing Shingle market is projected to reach US$ 276.3 million in 2029, increasing from US$ 190 million in 2022, with the CAGR of 4.7% during the period of 2023 to 2029. Demand from Residential and Commercial are the major drivers for the industry.
Global Ecological Roofing Shingle Market: Driven factors…
Wood Shingle Market: Competitive Dynamics & Global Outlook 2025
LP INFORMATION recently released a research report on the Wood Shingle market analysis, which studies the Wood Shingle's industry coverage, current market competitive status, and market outlook and forecast by 2025.
Global "Wood Shingle Market 2020-2025" Research Report categorizes the global Wood Shingle market by key players, product type, applications and regions,etc. The report also covers the latest industry data, key players analysis, market share, growth…
