Global Asphalt Shingles Market Overview: 2020-2027

Global Asphalt Shingles market holds potential to reach US$XX million by 2027, driven by multiple factors, including demand and supply side drivers. Asphalt shingles have been utilized as a roofing material in construction projects globally. The asphalt shingles are used to protect roof or slope roping from wind damages, algae and fire. It keeps homes cool, reduce the need for air conditions as in summer it reflect heat waves effectively. The adoption of these asphalt shingles is most in hurricane prone regions as they are more economical than metal and tile. Government stringent building codes and standards have led to increasing demands for asphalt shingle market. A comprehensive market evaluation is included in the report. It does so by verifiable forecasts of in-depth qualitative viewpoints, historical facts, and market size. The predictions featured in the study have been derived using established research methodologies and assumptions. The research report therefore serves as a repository of analysis and knowledge on all aspects of the market, including regional markets, technologies, styles and applications.

Drivers:

Rising demand for advanced roofing systems The globalization and consumers rising disposable income has led to increasing demand for high quality of products. The asphalt shingles has the properties such as waterproofing and durability which has motivated many engineers, architecture and Residential Sectorial contractor for the adoption of asphalt shingles. To improve the aesthetics in commercial and residential building is the new trend driving the market growth.

Restraints:

Government stringent regulation for environment sustainability and fluctuation in raw material prices Environmental sustainability and alleviated cost of raw materials may restrain the market growth. Other factors such as water management and carbon dioxide emissions during constructions & building projects is the major challenge for construction industry. Slowdown in construction projects may reduce the demand for asphalts shingles products.

Opportunities:

Supportive government initiatives to develop megacities The government supportive policies for the development of smart cities have create many lucrative opportunities for the global asphalt shingles manufactures. Rising construction activities ranging from universities, libraries, schools and museums have boost the asphalt shingles products. Increasing FDI investment in building and construction industry have made a positive impact on the market growth.

Global Asphalt Shingles market Segment Analysis

  Global Asphalt Shingles Market To know about the Research Methodology :- Request Free Sample Report The fiberglass asphalt shingles type segment is estimated to grow at the highest CAGR of xx% during the forecast period By product type, fiberglass asphalt shingles is expected to dominate among these segment with market share of xx% in the forecast period. The growth is attributed to increasing construction activities globally. Residential segment dominated the market in 2019, and is expected to maintain its position during the forecast period. By Application type, the residential segment is dominant in 2019, and it is expected to keep its dominance during forecast period with a market share of xx%. The increasing FDI investment in Research & development of Residential Sector products is driving the market growth in these segment.

Global Asphalt Shingles market Regional Insights:

Global Asphalt Shingles Market 1 North America is expected to account for the major market share of xx% during the forecast period. North America accounting for xx% market share in 2020, of the global market. The Asphalt Roofing Manufacturers Association (ARMA) of the asphalt roofing industry have conducted various programs and training in US for adoption of asphalt shingles on roofing. The global climatic changes has led to increasing hurricanes for instance in 2019 season yielded 18 named storms, six of which became hurricane. In US, the growth is attributed to substitute for fiberglass asphalt as a three-tab shingles and non-compliant Asia pacific are forecasted to be the fastest growing segment during the forecast period 2019-2027 The Asia pacific are estimated to grow at a CAGR of xx%. The growth is mainly attributable to rapid pace in urbanization and renovations of airports, SEZs and IT parts in countries like India, China and Indonesia is expected to drive the market growth. Government supportive policies and increasing FDI investment in Residential Sector industry have made a positive impact on the market growth. The objective of the report is to present a comprehensive analysis of the Global Turf Protection Chemicals Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Turf Protection Chemicals Market dynamics, structure by analyzing the market segments and project Global Turf Protection Chemicals Market Clear representation of competitive analysis of key players by price, financial position, By Detection and equipment portfolio, growth strategies, and regional presence in the Global Turf Protection Chemicals Market make the report investor’s guide.

Scope of the Global Asphalt Shingles market: Inquire before buying

Global Asphalt Shingles Market, By Application

• Residential Sector • Commercial Sector

Global Asphalt Shingles Market, By Product

• Fiberglass asphalt shingles • Organic asphalt shingles

Global Asphalt Shingles Market, by Region

• Asia Pacific • North America • Europe • South America • Middle East & Africa

Key players operating in Asphalt Shingles Market

• Atlas Roofing Corporation • CertainTeed Corporation • Henry Company LLC • IKO Industries, Ltd. • Malarkey Roofing Products • Owens Corning • Polyglass U.S.A., Inc. • Siplast, Inc. • TAMKO Building Products, Inc. • Tarco, Inc.
Global Asphalt Shingles Market 1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Asphalt Shingles Market Size, by Market Value (US$ Mn) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Industry Trends and Emerging Technologies 5. Supply Side and Demand Side Indicators 6. Global Asphalt Shingles Market Analysis and Forecast 6.1. Asphalt Shingles Market Size & Y-o-Y Growth Analysis 6.1.1. North America 6.1.2. Europe 6.1.3. Asia Pacific 6.1.4. Middle East & Africa 6.1.5. South America 7. Global Asphalt Shingles Market Analysis and Forecast, By Application 7.1. Introduction and Definition 7.2. Key Findings 7.3. Asphalt Shingles Market Value Share Analysis, By Application 7.4. Asphalt Shingles Market Size (US$ Mn) Forecast, By Application 7.5. Asphalt Shingles Market Analysis, By Application 7.6. Asphalt Shingles Market Attractiveness Analysis, By Application 8. Global Asphalt Shingles Market Analysis and Forecast, By Product 8.1. Introduction and Definition 8.2. Key Findings 8.3. Asphalt Shingles Market Value Share Analysis, By Brake Used 8.4. Asphalt Shingles Market Size (US$ Mn) Forecast, By Brake Used 8.5. Asphalt Shingles Market Analysis, By Brake Used 8.6. Asphalt Shingles Market Attractiveness Analysis, By Brake Used 9. Global Asphalt Shingles Market Analysis, by Region 9.1. Asphalt Shingles Market Value Share Analysis, by Region 9.2. Asphalt Shingles Market Size (US$ Mn) Forecast, by Region 9.3. Asphalt Shingles Market Attractiveness Analysis, by Region 10. North America Asphalt Shingles Market Analysis 10.1. Key Findings 10.2. North America Asphalt Shingles Market Overview 10.3. North America Asphalt Shingles Market Value Share Analysis, By Application 10.4. North America Asphalt Shingles Market Forecast, By Application 10.4.1. Residential Sector 10.4.2. Commercial Sector 10.5. North America Asphalt Shingles Market Value Share Analysis, By Product 10.6. North America Asphalt Shingles Market Forecast, By Product 10.6.1. Fiberglass asphalt shingles 10.6.2. Organic asphalt shingles 10.7. North America Asphalt Shingles Market Value Share Analysis, by Country 10.8. North America Asphalt Shingles Market Forecast, by Country 10.8.1. U.S. 10.8.2. Canada 10.8.3. Mexico 10.9. North America Asphalt Shingles Market Analysis, by Country 10.10. U.S. Asphalt Shingles Market Forecast, By Application 10.10.1. Residential Sector 10.10.2. Commercial Sector 10.11. U.S. Asphalt Shingles Market Forecast, By Product 10.11.1. Fiberglass asphalt shingles 10.11.2. Organic asphalt shingles 10.12. Canada Asphalt Shingles Market Forecast, By Application 10.12.1. Residential Sector 10.12.2. Commercial Sector 10.13. Canada Asphalt Shingles Market Forecast, By Product 10.13.1. Fiberglass asphalt shingles 10.13.2. Organic asphalt shingles 10.14. Mexico Asphalt Shingles Market Forecast, By Application 10.14.1. Residential Sector 10.14.2. Commercial Sector 10.15. Mexico Asphalt Shingles Market Forecast, By Product 10.15.1. Fiberglass asphalt shingles 10.15.2. Organic asphalt shingles 10.16. North America Asphalt Shingles Market Attractiveness Analysis 10.16.1. By Application 10.16.2. By Product 10.17. PEST Analysis 10.18. Key Trends 10.19. Key Developments 11. Europe Asphalt Shingles Market Analysis 11.1. Key Findings 11.2. Europe Asphalt Shingles Market Overview 11.3. Europe Asphalt Shingles Market Value Share Analysis, By Application 11.4. Europe Asphalt Shingles Market Forecast, By Application 11.4.1. Residential Sector 11.4.2. Commercial Sector 11.5. Europe Asphalt Shingles Market Forecast, By Product 11.5.1. Fiberglass asphalt shingles 11.5.2. Organic asphalt shingles 11.6. Europe Asphalt Shingles Market Value Share Analysis, by Country 11.7. Europe Asphalt Shingles Market Forecast, by Country 11.7.1. Germany 11.7.2. U.K. 11.7.3. France 11.7.4. Italy 11.7.5. Spain 11.7.6. Sweden 11.7.7. CIS countries 11.7.8. Rest of Europe 11.8. Germany Asphalt Shingles Market Forecast, By Application 11.8.1. Residential Sector 11.8.2. Commercial Sector 11.9. Germany Asphalt Shingles Market Forecast, By Product 11.9.1. Fiberglass asphalt shingles 11.9.2. Organic asphalt shingles 11.10. U.K. Asphalt Shingles Market Forecast, By Application 11.10.1. Residential Sector 11.10.2. Commercial Sector 11.11. U.K. Asphalt Shingles Market Forecast, By Product 11.11.1. Fiberglass asphalt shingles 11.11.2. Organic asphalt shingles 11.12. France Asphalt Shingles Market Forecast, By Application 11.12.1. Residential Sector 11.12.2. Commercial Sector 11.13. France Asphalt Shingles Market Forecast, By Product 11.13.1. Fiberglass asphalt shingles 11.13.2. Organic asphalt shingles 11.14. Italy Asphalt Shingles Market Forecast, By Application 11.14.1. Residential Sector 11.14.2. Commercial Sector 11.15. Italy Asphalt Shingles Market Forecast, By Product 11.15.1. Fiberglass asphalt shingles 11.15.2. Organic asphalt shingles 11.16. Spain Asphalt Shingles Market Forecast, By Application 11.16.1. Residential Sector 11.16.2. Commercial Sector 11.17. Spain Asphalt Shingles Market Forecast, By Product 11.17.1. Fiberglass asphalt shingles 11.17.2. Organic asphalt shingles 11.18. Sweden Asphalt Shingles Market Forecast, By Application 11.18.1. Residential Sector 11.18.2. Commercial Sector 11.19. Sweden Asphalt Shingles Market Forecast, By Product 11.19.1. Fiberglass asphalt shingles 11.19.2. Organic asphalt shingles 11.19.3. Power synthesizer 11.20. CIS countries Asphalt Shingles Market Forecast, By Application 11.20.1. Residential Sector 11.20.2. Commercial Sector 11.21. CIS countries Asphalt Shingles Market Forecast, By Product 11.21.1. Fiberglass asphalt shingles 11.21.2. Organic asphalt shingles 11.22. Rest of Europe Asphalt Shingles Market Forecast, By Application 11.22.1. Residential Sector 11.22.2. Commercial Sector 11.23. Rest of Europe Asphalt Shingles Market Forecast, By Product 11.23.1. Fiberglass asphalt shingles 11.23.2. Organic asphalt shingles 11.24. Europe Asphalt Shingles Market Attractiveness Analysis 11.24.1. By Products 11.24.2. By Application 11.25. PEST Analysis 11.26. Key Trends 11.27. Key Developments 12. Asia Pacific Asphalt Shingles Market Analysis 12.1. Key Findings 12.2. Asia Pacific Asphalt Shingles Market Overview 12.3. Asia Pacific Asphalt Shingles Market Value Share Analysis, By Application 12.4. Asia Pacific Asphalt Shingles Market Forecast, By Application 12.4.1. Residential Sector 12.4.2. Commercial Sector 12.5. Asia Pacific Asphalt Shingles Market Value Share Analysis, By Application 12.6. Asia Pacific Asphalt Shingles Market Forecast, By Product 12.6.1. Fiberglass asphalt shingles 12.6.2. Organic asphalt shingles 12.7. Asia Pacific Asphalt Shingles Market Value Share Analysis, by Country 12.8. Asia Pacific Asphalt Shingles Market Forecast, by Country 12.8.1. China 12.8.2. India 12.8.3. Japan 12.8.4. South Korea 12.8.5. Australia 12.8.6. ASEAN 12.8.7. Rest of Asia Pacific 12.9. Asia Pacific Asphalt Shingles Market Analysis, by Country 12.10. China Asphalt Shingles Market Forecast, By Application 12.10.1. Residential Sector 12.10.2. Commercial Sector 12.11. China Asphalt Shingles Market Forecast, By Product 12.11.1. Fiberglass asphalt shingles 12.11.2. Organic asphalt shingles 12.12. India Asphalt Shingles Market Forecast, By Application 12.12.1. Residential Sector 12.12.2. Commercial Sector 12.13. India Asphalt Shingles Market Forecast, By Product 12.13.1. Fiberglass asphalt shingles 12.13.2. Organic asphalt shingles 12.14. Japan Asphalt Shingles Market Forecast, By Application 12.14.1. Residential Sector 12.14.2. Commercial Sector 12.15. Japan Asphalt Shingles Market Forecast, By Product 12.15.1. Fiberglass asphalt shingles 12.15.2. Organic asphalt shingles 12.16. South Korea Asphalt Shingles Market Forecast, By Application 12.16.1. Residential Sector 12.16.2. Commercial Sector 12.17. South Korea Asphalt Shingles Market Forecast, By Product 12.17.1. Fiberglass asphalt shingles 12.17.2. Organic asphalt shingles 12.18. Australia Asphalt Shingles Market Forecast, By Application 12.18.1. Residential Sector 12.18.2. Commercial Sector 12.19. Australia Asphalt Shingles Market Forecast, By Product 12.19.1. Fiberglass asphalt shingles 12.19.2. Organic asphalt shingles 12.20. ASEAN Asphalt Shingles Market Forecast, By Application 12.20.1. Residential Sector 12.20.2. Commercial Sector 12.21. ASEAN Asphalt Shingles Market Forecast, By Product 12.21.1. Fiberglass asphalt shingles 12.21.2. Organic asphalt shingles 12.22. Rest of Asia Pacific Asphalt Shingles Market Forecast, By Application 12.22.1. Residential Sector 12.22.2. Commercial Sector 12.23. Rest of Asia Pacific Asphalt Shingles Market Forecast, By Product 12.23.1. Fiberglass asphalt shingles 12.23.2. Organic asphalt shingles 12.24. Asia Pacific Asphalt Shingles Market Attractiveness Analysis 12.24.1. By Application 12.24.2. By Product 12.25. PEST Analysis 12.26. Key Trends 12.27. Key Developments 13. Middle East & Africa Asphalt Shingles Market Analysis 13.1. Key Findings 13.2. Middle East & Africa Asphalt Shingles Market Overview 13.3. Middle East & Africa Asphalt Shingles Market Value Share Analysis, By Application 13.4. Middle East & Africa Asphalt Shingles Market Forecast, By Application 13.4.1. Residential Sector 13.4.2. Commercial Sector 13.5. Middle East & Africa Asphalt Shingles Market Forecast, By Product 13.5.1. Fiberglass asphalt shingles 13.5.2. Organic asphalt shingles 13.6. Middle East & Africa Asphalt Shingles Market Value Share Analysis, by Country 13.7. Middle East & Africa Asphalt Shingles Market Forecast, by Country 13.7.1. GCC Countries 13.7.2. South Africa 13.7.3. Nigeria 13.7.4. Egypt 13.7.5. Rest of Middle East & Africa 13.8. Middle East & Africa Asphalt Shingles Market Analysis, by Country 13.9. GCC Countries Asphalt Shingles Market Forecast, By Application 13.9.1. Residential Sector 13.9.2. Commercial Sector 13.10. GCC Countries Asphalt Shingles Market Forecast, By Product 13.10.1. Fiberglass asphalt shingles 13.10.2. Organic asphalt shingles 13.11. South Africa Asphalt Shingles Market Forecast, By Application 13.11.1. Residential Sector 13.11.2. Commercial Sector 13.12. South Africa Asphalt Shingles Market Forecast, By Product 13.12.1. Fiberglass asphalt shingles 13.12.2. Organic asphalt shingles 13.13. Nigeria Asphalt Shingles Market Forecast, By Application 13.13.1. Residential Sector 13.13.2. Commercial Sector 13.14. Nigeria Asphalt Shingles Market Forecast, By Product 13.14.1. Fiberglass asphalt shingles 13.14.2. Organic asphalt shingles 13.15. Egypt Asphalt Shingles Market Forecast, By Application 13.15.1. Residential Sector 13.15.2. Commercial Sector 13.16. Egypt Asphalt Shingles Market Forecast, By Product 13.16.1. Fiberglass asphalt shingles 13.16.2. Organic asphalt shingles 13.17. Rest of Middle East & Africa Asphalt Shingles Market Forecast, By Application 13.17.1. Residential Sector 13.17.2. Commercial Sector 13.18. Rest of Middle East & Africa Asphalt Shingles Market Forecast, By Product 13.18.1. Fiberglass asphalt shingles 13.18.2. Organic asphalt shingles 13.19. Middle East & Africa Asphalt Shingles Market Attractiveness Analysis 13.19.1. By Application 13.19.2. By Product 13.20. PEST Analysis 13.21. Key Trends 13.22. Key Developments 14. South America Asphalt Shingles Market Analysis 14.1. Key Findings 14.2. South America Asphalt Shingles Market Overview 14.3. South America Asphalt Shingles Market Value Share Analysis, By Application 14.4. South America Asphalt Shingles Market Forecast, By Application 14.4.1. Residential Sector 14.4.2. Commercial Sector 14.5. South America Asphalt Shingles Market Forecast, By Product 14.5.1. Fiberglass asphalt shingles 14.5.2. Organic asphalt shingles 14.6. South America Asphalt Shingles Market Value Share Analysis, by Country 14.7. South America Asphalt Shingles Market Forecast, by Country 14.7.1. Brazil 14.7.2. Colombia 14.7.3. Argentina 14.7.4. Rest of South America 14.8. South America Asphalt Shingles Market Analysis, by Country 14.9. Brazil Asphalt Shingles Market Forecast, By Application 14.9.1. Residential Sector 14.9.2. Commercial Sector 14.10. Brazil Asphalt Shingles Market Forecast, By Product 14.10.1. Fiberglass asphalt shingles 14.10.2. Organic asphalt shingles 14.11. Colombia Asphalt Shingles Market Forecast, By Application 14.11.1. Residential Sector 14.11.2. Commercial Sector 14.12. Colombia Asphalt Shingles Market Forecast, By Product 14.12.1. Fiberglass asphalt shingles 14.12.2. Organic asphalt shingles 14.13. Argentina Asphalt Shingles Market Forecast, By Application 14.13.1. Residential Sector 14.13.2. Commercial Sector 14.14. Argentina Asphalt Shingles Market Forecast, By Product 14.14.1. Fiberglass asphalt shingles 14.14.2. Organic asphalt shingles 14.15. Rest of South America Asphalt Shingles Market Forecast, By Application 14.15.1. Residential Sector 14.15.2. Commercial Sector 14.16. Rest of South America Asphalt Shingles Market Forecast, By Product 14.16.1. Fiberglass asphalt shingles 14.16.2. Organic asphalt shingles 14.17. South America Asphalt Shingles Market Attractiveness Analysis 14.17.1. By Application 14.17.2. By Product 14.18. PEST Analysis 14.19. Key Trends 14.20. Key Developments 15. Company Profiles 15.1. Market Share Analysis, by Company 15.2. Competition Matrix 15.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications, and R&D investment 15.2.2. New Product Launches and Product Enhancements 15.2.3. Market Consolidation 15.2.3.1. M&A by Regions, Investment and Applications 15.2.3.2. M&A Key Players, Forward Integration and Backward Integration 15.3. Company Profiles: Key Players 15.3.1. Atlas Roofing Corporation 15.3.1.1. Company Overview 15.3.1.2. Financial Overview 15.3.1.3. Product Portfolio 15.3.1.4. Business Strategy 15.3.1.5. Recent Developments 15.3.1.6. Development Footprint 15.3.2. CertainTeed Corporation 15.3.3. Henry Company LLC 15.3.4. IKO Industries, Ltd. 15.3.5. Malarkey Roofing Products 15.3.6. Owens Corning 15.3.7. Polyglass U.S.A., Inc. 15.3.8. Siplast, Inc. 15.3.9. TAMKO Building Products, Inc. 15.3.10. Tarco, Inc. 15.3.11. Others

About This Report

Report ID 81108
Category Material & Chemical
Published Date January 2021
Updated Date
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