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Latin America Roofing Materials Market Report and Forecast 2023-2028

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    Report

  • 83 Pages
  • March 2023
  • Region: Latin America
  • Expert Market Research
  • ID: 5775152
According to the report, the Latin America roofing materials market reached a value of USD 7.2 billion in 2022. Aided by the increasing demand for sustainable and energy-efficient solutions, the market is projected to grow at a CAGR of 4.5% between 2023 and 2028, reaching a value of USD 9.23 billion by 2028.

Roofing materials are essential in the construction industry as they offer durability, insulation, and protection from the elements. According to the Latin America roofing materials market research, the market has witnessed a shift towards eco-friendly and energy-efficient products in recent years, driven by growing awareness about sustainable construction practices and stringent regulations.

The market's growth is primarily driven by factors such as rapid urbanisation, expanding residential and commercial construction sectors, and the increasing adoption of energy-efficient roofing solutions. Furthermore, advancements in material technology and the development of new roofing materials with improved durability, insulation, and energy efficiency are expected to propel the Latin America roofing materials market growth.

A lot of construction work is being done in Latin America, especially in Brazil and Argentina, which is a significant region for manufacturing. Due to their high strength, shingles and plates are the most widely used roofing materials for homes since they are long-lasting and incredibly robust. In recent years, rising demand for certain roofing materials from the residential sector has driven Latin America roofing materials market expansion. The most popular shingles on the market include monk and nun, imbrex and tegula, Dutch roof, asphalt shingles, asbestos shingles, shakes, slates, and Mangalore tiles.

The development of reflective coatings that may be applied to dark-coloured roofing materials is anticipated to be advantageous to the market. Reflective coatings minimise the overall energy consumption of building structures and have exceptional heat reflection properties. The procedure for constructing a roof is predicted to undergo a revolution when more cutting-edge tools, like drones, are utilised to inspect rooftops. Furthermore, it is anticipated that over the projected period, demand for roofing materials would increase as more structural roofing system components are produced using 3D printing technology, thereby aiding the Latin America roofing materials market.

Market Segmentation

The market can be divided based on type, application, and country.

Market Breakup by Type

  • Asphalt Shingles
  • Metal
  • Concrete and Clay Tiles
  • Elastomers and Plastic
  • Others

Market Breakup by Application

  • Residential
  • Non-Residential

Market Breakup by Country

  • Brazil
  • Argentina
  • Mexico
  • Others

Competitive Landscape

The report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the Latin America roofing materials companies. Some of the major key players explored in the report are as follows:
  • BMI Group
  • Owens Corning
  • Etex SA
  • Megaflex Ltd
  • Dextra Group
  • Others
*The publisher always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
Frequently Asked Questions about the Latin American Roofing Materials Market

What is the estimated value of the Latin American Roofing Materials Market?

The Latin American Roofing Materials Market was estimated to be valued at $7.4 Billion in 2023.

What is the growth rate of the Latin American Roofing Materials Market?

The growth rate of the Latin American Roofing Materials Market is 4.5%, with an estimated value of $9.23 Billion by 2028.

What is the forecasted size of the Latin American Roofing Materials Market?

The Latin American Roofing Materials Market is estimated to be worth $9.23 Billion by 2028.

Who are the key companies in the Latin American Roofing Materials Market?

Key companies in the Latin American Roofing Materials Market include BMI Group, Owens Corning, Etex SA, Megaflex Ltd. and Dextra Group.

Table of Contents

1 Preface2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Latin America
7 Industry Opportunities and Challenges
8 Latin America Roofing Materials Market Analysis
8.1 Key Industry Highlights
8.2 Latin America Roofing Materials Historical Market (2018-2022)
8.3 Latin America Roofing Materials Market Forecast (2023-2028)
8.4 Latin America Roofing Materials Market by Type
8.4.1 Asphalt Shingles
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Metal
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 Concrete and Clay Tiles
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2022)
8.4.3.3 Forecast Trend (2023-2028)
8.4.4 Elastomers and Plastic
8.4.4.1 Market Share
8.4.4.2 Historical Trend (2018-2022)
8.4.4.3 Forecast Trend (2023-2028)
8.4.5 Others
8.5 Latin America Roofing Materials Market by Application
8.5.1 Residential
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Non-Residential
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.6 Latin America Roofing Materials Market by Country
8.6.1 Market Share
8.6.1.1 Brazil
8.6.1.2 Argentina
8.6.1.3 Mexico
8.6.1.4 Others
9 Regional Analysis
9.1 Brazil
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.2 Argentina
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
9.3 Mexico
9.3.1 Historical Trend (2018-2022)
9.3.2 Forecast Trend (2023-2028)
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Price Analysis
12.1 Asphalt Roofing Materials Historical Price Trends (2018-2022) and Forecast (2023-2028)
12.2 Tiles Roofing Materials Historical Price Trends (2018-2022) and Forecast (2023-2028)
12.3 Plastic Roofing Materials Historical Price Trends (2018-2022) and Forecast (2023-2028)
12.4 Aluminium Roofing Materials Historical Price Trends (2018-2022) and Forecast (2023-2028)
13 Competitive Landscape
13.1 Market Structure
13.2 Company Profiles
13.2.1 BMI Group
13.2.1.1 Company Overview
13.2.1.2 Product Portfolio
13.2.1.3 Demographic Reach and Achievements
13.2.1.4 Certifications
13.2.2 Owens Corning
13.2.2.1 Company Overview
13.2.2.2 Product Portfolio
13.2.2.3 Demographic Reach and Achievements
13.2.2.4 Certifications
13.2.3 Etex SA
13.2.3.1 Company Overview
13.2.3.2 Product Portfolio
13.2.3.3 Demographic Reach and Achievements
13.2.3.4 Certifications
13.2.4 Megaflex Ltd.
13.2.4.1 Company Overview
13.2.4.2 Product Portfolio
13.2.4.3 Demographic Reach and Achievements
13.2.4.4 Certifications
13.2.5 Dextra Group
13.2.5.1 Company Overview
13.2.5.2 Product Portfolio
13.2.5.3 Demographic Reach and Achievements
13.2.5.4 Certifications
13.2.6 Others
14 Industry Events and Developments

Companies Mentioned

  • BMI Group
  • Owens Corning
  • Etex SA
  • Megaflex Ltd.
  • Dextra Group

Methodology

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