Press release
Residential Low Slope Roofing Market Size Projected To Reach $29.77 Billion By 2034 With A Cagr Of 8.5%
Residential Low Slope Roofing
What Is the Projected Growth of the Residential Low Slope Roofing Market?
The residential low slope roofing market size will grow from $19.7 billion in 2024 to $21.46 billion in 2025 at a compound annual growth rate (CAGR) of 8.9%. The historic growth is attributed to demand for energy-efficient roofing, growth in residential construction, focus on reducing cooling costs, improving indoor air quality, and urbanization.
The residential low slope roofing market size is expected to reach $29.78 billion by 2029, growing at a CAGR of 8.5%. Growth is driven by rising construction activities, demand for low maintenance systems, and the need for weather-resistant materials. Key trends include adoption of reflective roofing m
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What Are the Different Residential Low Slope Roofing Market Segments?
The residential low slope roofingmarket covered in this report is segmented -
1) By Type: Ethylene Propylene Diene Monomer (EPDM) Roofing, Thermoplastic Olefin (TPO) Roofing, Polyvinyl Chloride (PVC) Roofing, Modified Bitumen Roofing, Other Types
2) By Roofing Material: Bituminous Roofing, Metal Roofing, Tile Roofing, Other Roofing Materials
3) By Application: Commercial, Residential, Industrial
Subsegments:
1) By Ethylene Propylene Diene Monomer (EPDM) Roofing: Fully Adhered EPDM Roofing, Ballasted EPDM Roofing, Mechanically Attached EPDM Roofing
2) By Thermoplastic Olefin (TPO) Roofing: Single-Ply TPO Membranes, Mechanically Fastened TPO Roofing, Fully Adhered TPO Roofing, Ballasted TPO Roofing
3) By Polyvinyl Chloride (PVC) Roofing: Single-Ply PVC Membranes, Mechanically Fastened PVC Roofing, Fully Adhered PVC Roofing, Reinforced vs. Non-Reinforced PVC
4) By Modified Bitumen Roofing: APP (Atactic Polypropylene) Modified Bitumen, SBS (Styrene-Butadiene-Styrene) Modified Bitumen, Self-Adhering Modified Bitumen Systems, Torch-Applied Modified Bitumen Systems
5) By Other Types: Spray Polyurethane Foam (SPF) Roofing, Built-Up Roofing (BUR), Green Roof Systems (Vegetative Roofs), Liquid Applied Roofing Systems
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What Are the Primary Drivers Shaping the Residential Low Slope Roofing Market?
The increasing demand for solar panels is projected to boost the growth of the residential low-slope roofing market. Solar panels convert sunlight into electricity through photovoltaic technology. The need for renewable energy sources and supportive government regulations are fueling the rising demand for solar panels. Low-slope roofs offer a flat surface ideal for positioning solar panels to capture optimal sunlight. These roofs are also safer and easier to access, making installation more efficient and less hazardous. For example, in August 2023, the Energy Information Administration (EIA) reported a 10% increase in solar panel shipments in the U.S. in 2022, totaling a record 31.7 million kWp. As a result, the growing solar panel demand is driving the residential low-slope roofing market.
Which Companies Are Leading in the Residential Low Slope Roofing Market?
Major companies operating in the residential low slope roofing market are BASF SE, Sika AG, Owens Corning, Kingspan Group plc, Carlisle Construction Materials LLC, Johns Manville Inc., BMI Group Limited, CertainTeed Corporation, CentiMark Corporation, GAF Materials Corporation, Atlas Roofing Corporation, IKO Industries Ltd, The Garland Company Inc., TAMKO Building Products LLC, ProVia LLC, American Hydrotech Inc., GenFlex Roofing Systems LLC, Polyglass USA Inc, Malarkey Roofing Products Co., ATAS International Inc, ARAC Roof It Forward Inc., Hopkins Roofing LLC, Kemper System Inc., Mule-Hide Products Co Inc., Strategic Building Products LLC
What Residential Low Slope Roofing Market Trends Are Gaining Traction Across Different Segments?
Major Companies in the residential low-slope roofing market are developing ventilated synthetic roofing systems to enhance energy efficiency, reduce cooling costs, and improve roof durability. For example, in November 2022, CertainTeed, a US-based building materials company, introduced Roof Runner AIR, a breathable synthetic roof underlayment. Its multilayer design promotes moisture regulation and quick drying, improving roof longevity and reducing the risk of damage while providing safety and durability during installation.
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What Are the Top Revenue-Generating Geographies in the Residential Low Slope Roofing Market?
North America was the largest region in the residential low slope roofing market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the residential low slope roofing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Residential Low Slope Roofing Market?
2. What is the CAGR expected in the Residential Low Slope Roofing Market?
3. What Are the Key Innovations Transforming the Residential Low Slope Roofing Industry?
4. Which Region Is Leading the Residential Low Slope Roofing Market?
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