Latin America Roofing Market Report and Forecast 2025-2034

The Latin America roofing market reached a value of about USD 6.41 Billion in 2024, driven by increasing construction activities and rising demand for reflective coating. The market is further expected to grow at a CAGR of 3.30% in the forecast period of 2025-2034 to reach a value of USD 8.87 Billion by 2034.

Rising Construction Activities Driving the Roofing Industry Growth

Latin America is a potential growth region for manufacturing, with a lot of construction activity going on, particularly in Brazil and Argentina. The roofing industry in the region has been supported by the rising demand for roofing materials. The roofing industry is expected to grow as local ceiling technologies improve. Because of their high insulation techniques and low expense, tiles and shingles are the most used roofing materials. Because of their high strength, shingles and plates are the most popular residential ceiling materials because they are extremely durable and have a long-life cycle. Wood shingles, shakes, slates, asphalt shingles, asbestos, and shingles, as well as monk and nun, imbrex and tegula, Dutch roof, and Mangalore tiles, are the most common shingles on the market.

Roofing: Market Segmentation

Roofing is the process of adding roof, the top covering of a building that protects it from rain, snow, sunshine, wind, and temperature extremes. Roofs can be built in a number of styles, including flat, pitched, vaulted, domed, and combinations, depending on technological, economic, and aesthetic considerations.

On the basis of type, the industry can be divided into:

• Bituminous
• Metal
• Tiles
• Green Roof
• Wood Shingles
• Others

The roof shape can be divided as follows:

• Flat
• Slope

Roofing finds wide applications in the following:

• Residential
• Commercial
• Industrial

Based on region, the market can be divided into:

• Brazil
• Argentina
• Mexico
• Others

Rising Construction Industry Aiding the Growth of Latin America Roofing Market

The growth of the roofing industry is being driven by the construction and infrastructure industry along with the increased demand for roofing materials. The roofing materials industry is expected to benefit from the introduction of reflective coatings that can be added to dark-colored roofing materials. Reflective coatings have superior heat reflection properties and reduce the building structure's total energy consumption. Product demand is expected to increase as a result of the superior reliability, aesthetics, and ease of installation associated with these items. The roof construction process is expected to be revolutionised as more cutting-edge equipment, such as drones, is used to survey roofs. Furthermore, the use of 3D printing technologies to manufacture various structural components of roofing systems is expected to boost demand for roofing materials industry and thus the roofing industry as well.

Key Industry Players in the Latin America Roofing Market

The report gives a detailed analysis of the following key players in the Latin America roofing market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

• Owens Corning
• Etex SA
• Atlas Roofing Corporation
• Dextra Group
• Others

The comprehensive report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.