• Blog
  • x

    We are working from home under lockdown. Our team is continuously tracking the impact of COVID-19 across different industries and we will incorporate those insights in our reports. For any specific query, mail us at [email protected]

    Asphalt Shingles Market | Covid-19 Impact Analysis

    Asphalt Shingles Market | Covid-19 Impact Analysis

    Asphalt Shingles Market | Covid-19 Impact Analysis
    Report code - SRCE175 Delivery - 2 Weeks
    Asphalt Shingles Market Size, Share, Trend, Forecast, & Industry Analysis 
    See more...
    Purchase Report
    notch

    Impact of COVID-19 on Asphalt Shingles Market

    Covid-19 has impacted the market dynamics, competition, and global...

    See more...

    Impact of COVID-19 on Asphalt Shingles Market

    Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Asphalt Shingles Market Insights

    Asphalt Shingles market is likely to witness a CAGR of 4.0% during the forecast period. The prime factors that are driving the asphalt shingles market are the expanding application range, technological advancements, and surge in demand from the Asia-Pacific region.

    Asphalt Shingles Market - Snapshot

    Growth

    4.0% for the next five years

    Major Product Type

    Dimensional Shingles

    Dominant Application Type

    Residential

    Region with the highest demand

    North America

    Key Players

    CertainTeed Corporation, Owens Corning, TAMKO Building Products Inc., IKO Industries Ltd., Atlas Roofing Corporation, Tarco, GAF Materials Corporation, Malarkey Roofing Products, PABCO Roofing Products, Siplast Inc., Henry Company LLC, Polyglass U.S.A., Building Products of Canada Corp., NBP International Inc., Shibam Ventures.

     

    Market Share Analysis

    Asphalt-Shingles-Market-Dominant-Segments

    Wish to Get a Free Sample? Click here

    Asphalt Shingles Market Share: By Product Type

    Based on the product type, the market is segmented as dimensional shingles, high-performance laminated shingles, and three-tab shingles. Dimensional shingles type dominated the market in 2019, and is expected to maintain its position during the forecast period. Increasing construction activities across the globe is the prime factor driving the growth of dimensional shingles.

    Asphalt Shingles Market Share: By Application Type

    Based on the application type, the asphalt shingles market is segmented as residential and commercial. The residential segment is expected to remain the larger application of the market owing to rapid urbanization, increasing disposable income of consumers, and significant economic growth in the Asia-Pacific region.

    Asphalt Shingles Market Share: By Region

    In terms of regions, North America is estimated to be the largest market for asphalt shingles during the forecast period. The USA and Canada are the largest consumers of asphalt shingles in the region. Significant investment towards re-roofing and higher penetration rate is the major factor driving the growth of the market in the region. Asia-Pacific is expected to witness the highest growth owing to huge consumer base and significant economic development in the region. Europe, The Middle East & Africa, and Latin America are also expected to witness a healthy demand for asphalt shingles during the forecast period.

    Asphalt-Shingles-Market-By-Region

    Know which region offers best growth opportunities. Click here

    Some of the major suppliers of asphalt shingles are CertainTeed Corporation, Owens Corning, TAMKO Building Products Inc., IKO Industries Ltd., Atlas Roofing Corporation, Tarco, GAF Materials Corporation, Malarkey Roofing Products, PABCO Roofing Products, Siplast Inc., Henry Company LLC, Polyglass U.S.A., Building Products of Canada Corp., NBP International Inc., and Shibam Ventures.

     

    Market Scope & Segmentation

    Asphalt shingles are the types of walls or roof shingles that use asphalt for the purpose of waterproofing. The asphalt shingles market is segmented based on product type into dimensional shingles, high-performance laminated shingles, and three-tab shingles. Based on the application type, the market is segmented as residential and commercial applications.

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Asphalt Shingles Market Research Report - Features

    Market Segmentation

    3

    Regions Covered

    4

    Countries/Sub-Regions Covered

    15

    No. of Figures & Tables

    >150

    Company Profiles

    10

     

    The asphalt shingles market is segmented into the following categories. 

    Asphalt Shingles Market Size, Share, & Forecast, by Product Type:

    • Dimensional Shingles (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • High-Performance Laminated Shingles (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Three-Tab Shingles (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Asphalt Shingles Market Size, Share, & Forecast, by Application Type:

    • Residential
      • Regional Analysis: North America, Europe, Asia-Pacific, and RoW
      • Type Analysis: New Residential and Residential Re-Roofing
    • Commercial
      • Regional Analysis: North America, Europe, Asia-Pacific, and RoW
      • Type Analysis: New Commercial and Commercial Re-Roofing
      • Commercial Building Type: Office, Retail & Lodging, Industrial, and Institutional

    Asphalt Shingles Market Size, Share, & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

    Asphalt-Shingles-Market-Segmentation

    Want to know the most attractive market segments? Click here

    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

     

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

     

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the product types by application type.

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected]


    Frequently Asked Questions (FAQs)

    What will be the growth of Asphalt Shingles Market in the foreseeable future?

    The Asphalt Shingles Market is expected to witness an impressive growth of 4.0% CAGR in the foreseeable future.

    Who are the key players in the Asphalt Shingles Market?

    CertainTeed Corporation, Owens Corning, TAMKO Building Products Inc., IKO Industries Ltd., Atlas Roofing Corporation, Tarco, GAF Materials Corporation, Malarkey Roofing Products, PABCO Roofing Products, Siplast Inc., Henry Company LLC, Polyglass U.S.A., Building Products of Canada Corp., NBP International Inc., and Shibam Ventures are among the key players in the asphalt shingles market.

    Which region is expected to be the largest Asphalt Shingles Market?

    North America is expected to be the largest asphalt shingles market during the next five years.

    Which product type is expected to remain dominant in the Asphalt Shingles Market?

    Dimensional shingles type is expected to remain dominant in the asphalt shingles market in the coming years.

    •   
    FREE SAMPLE