The Latin America roofing materials market attained value of USD 6.62 Billion in 2024. The Latin America roofing materials market is further expected to grow at a CAGR of 4.20% in the forecast period of 2025-2034, to attain USD 9.99 Billion by 2034.
Rising Construction Activities Driving the Roofing Materials Industry Growth
Latin America is a significant region for manufacturing, with a lot of construction activity going on, particularly in Brazil and Argentina. The roofing materials industry is expected to grow as local ceiling technologies improve. Due to their high insulation techniques and low expense, tiles and shingles are the most used roofing materials. Owing to the high strength of shingles and plates, they are the most popular residential ceiling materials because they are extremely durable and have a long-life cycle. Rising demand for these roofing materials from the residential sector has led the market growth in recent years. 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 Materials: Market Segmentation
Roof construction materials for required for houses and foundations. Roofing materials must meet both technological and economic standards. Technological standards, such as impermeability, temperature tolerance, frost resistance, and low combustibility. Economic standards such as low cost of the material and the installation of the base upon which it rests, ease of installation. Roofing materials are available in chemical and silicate variety. They may be in the form of a roll, mastic, or a slice (sheets or slabs).
Based on type, the market is divided into:
Asphalt Shingles
Metal
Concrete and Clay Tiles
Elastomers and Plastic
Others
On the basis of applications, the market is categorised into:
Residential
Non-Residential
Country-wise, the markets for the product include:
Brazil
Argentina
Mexico
Others
Rising Demand for Reflective Coatings Aiding the Latin America Roofing Materials Industry
The 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 total energy consumption of building structures. 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 over the forecast period.
Key Industry Players in the Latin America Roofing Materials Market
The report gives a detailed analysis of the following key players in the Latin America roofing materials market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
BMI Group
Owens Corning
Etex SA
Megaflex Ltd.
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.
Table of Contents
1 Executive Summary
1.1 Market Size 2024-2025 1.2 Market Growth 2025(F)-2034(F) 1.3 Key Demand Drivers 1.4 Key Players and Competitive Structure 1.5 Industry Best Practices 1.6 Recent Trends and Developments 1.7 Industry Outlook
2 Market Overview and Stakeholder Insights
2.1 Market Trends 2.2 Key Verticals 2.3 Key Countries 2.4 Supplier Power 2.5 Buyer Power 2.6 Key Market Opportunities and Risks 2.7 Key Initiatives by Stakeholders
3 Economic Summary
3.1 GDP Outlook 3.2 GDP Per Capita Growth 3.3 Inflation Trends 3.4 Democracy Index 3.5 Gross Public Debt Ratios 3.6 Balance of Payment (BoP) Position 3.7 Population Outlook 3.8 Urbanisation Trends
4 Country Risk Profiles
4.1 Country Risk 4.2 Business Climate
5 Latin America Roofing Materials Market Analysis
5.1 Key Industry Highlights 5.2 Latin America Roofing Materials Historical Market (2018-2024) 5.3 Latin America Roofing Materials Market Forecast (2025-2034) 5.4 Latin America Roofing Materials Market by Type 5.4.1 Asphalt Shingles 5.4.1.1 Historical Trend (2018-2024) 5.4.1.2 Forecast Trend (2025-2034) 5.4.2 Metal 5.4.2.1 Historical Trend (2018-2024) 5.4.2.2 Forecast Trend (2025-2034) 5.4.3 Concrete and Clay Tiles 5.4.3.1 Historical Trend (2018-2024) 5.4.3.2 Forecast Trend (2025-2034) 5.4.4 Elastomers and Plastic 5.4.4.1 Historical Trend (2018-2024) 5.4.4.2 Forecast Trend (2025-2034) 5.4.5 Others 5.5 Latin America Roofing Materials Market by Application 5.5.1 Residential 5.5.1.1 Historical Trend (2018-2024) 5.5.1.2 Forecast Trend (2025-2034) 5.5.2 Non-Residential 5.5.2.1 Historical Trend (2018-2024) 5.5.2.2 Forecast Trend (2025-2034) 5.6 Latin America Roofing Materials Market by Country 5.6.1 Brazil 5.6.2 Argentina 5.6.3 Mexico 5.6.4 Others
7.1 SWOT Analysis 7.1.1 Strengths 7.1.2 Weaknesses 7.1.3 Opportunities 7.1.4 Threats 7.2 Porter’s Five Forces Analysis 7.2.1 Supplier’s Power 7.2.2 Buyer’s Power 7.2.3 Threat of New Entrants 7.2.4 Degree of Rivalry 7.2.5 Threat of Substitutes 7.3 Key Indicators for Demand 7.4 Key Indicators for Price
The Roofing Material market is a segment of the Building Materials industry. It includes a variety of products used to construct and maintain roofs, such as shingles, tiles, metal sheets, and membranes. Roofing materials are designed to protect the structure of a building from the elements, such as wind, rain, and snow. They also provide insulation and ventilation, and can be used to enhance the aesthetic appeal of a building.
The Roofing Material market is highly competitive, with a wide range of products available from both local and international suppliers. The market is driven by factors such as population growth, urbanization, and the need for energy efficiency. Additionally, technological advancements have enabled the development of new materials and products, such as solar roofing systems.
Some of the major companies in the Roofing Material market include GAF, Owens Corning, CertainTeed, TAMKO Building Products, IKO Industries, and Atlas Roofing Corporation. Show Less Read more
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