Asphalt Shingles Market Report 2026
Global Outlook – By Product Type (Dimensional Shingles, High-Performance Laminated Shingles, Three-Tab Shingles), By Composition (Organic Asphalt Shingles, Fiberglass Asphalt Shingles), By Application (Residential, Commercial) – Market Size, Trends, Strategies, and Forecast to 2030
Asphalt Shingles Market Overview
• Asphalt Shingles market size has reached to $7.45 billion in 2025 • Expected to grow to $9.25 billion in 2030 at a compound annual growth rate (CAGR) of 4.5% • Growth Driver: Rising Construction Demand Fuels Growth In The Asphalt Shingles • Market Trend: Leading Companies In The Asphalt Shingles Market Drive Innovation With Laminated Shingle Products • North America was the largest region in 2025 and Asia-Pacific is the fastest growing region.What Is Covered Under Asphalt Shingles Market?
Asphalt shingles refer to a type of roofing material comprising individual overlapping elements formulated from a blend of asphalt and fiberglass. The asphalt shingles are coated with a granular surface that amplifies the shingle's surface area, enabling them to effectively resist the sun's UV rays, which in turn helps maintain cooler roof temperatures. The main types of products in asphalt shingles market are dimensional shingles, high-performance laminated shingles and three-tab shingles. Dimensional shingles refer to a type of asphalt Shingles that exhibit a three-dimensional appearance. They are produced by fusing two shingle layers and then randomly removing sections to reveal the underlying layer. They are composed of organic asphalt shingles and fiberglass asphalt shingles for residential and commercial applications.
What Is The Asphalt Shingles Market Size and Share 2026?
The asphalt shingles market size has grown steadily in recent years. It will grow from $7.45 billion in 2025 to $7.76 billion in 2026 at a compound annual growth rate (CAGR) of 4.2%. The growth in the historic period can be attributed to growth of residential roofing demand, reliance on traditional asphalt-based roofing, expansion of construction activities, availability of petrochemical feedstocks, historical preference for cost-effective roofing solutions.What Is The Asphalt Shingles Market Growth Forecast?
The asphalt shingles market size is expected to see steady growth in the next few years. It will grow to $9.25 billion in 2030 at a compound annual growth rate (CAGR) of 4.5%. The growth in the forecast period can be attributed to increasing adoption of energy-efficient shingles, rising demand for durable and impact-resistant roofing, shift toward sustainable and recycled roofing materials, technological advancements in asphalt formulation, growing use of advanced coating and reinforcement systems. Major trends in the forecast period include growing demand for energy-efficient roofing materials, increasing adoption of weather-resistant and impact-resistant shingles, rising use of recycled and sustainable asphalt materials, advancement in asphalt blending and coating technologies, expansion of lightweight and high-durability shingle designs.
Global Asphalt Shingles Market Segmentation
1) By Product Type: Dimensional Shingles, High-Performance Laminated Shingles, Three-Tab Shingles 2) By Composition: Organic Asphalt Shingles, Fiberglass Asphalt Shingles 3) By Application: Residential, Commercial Subsegments: 1) By Dimensional Shingles: Architectural Shingles, Premium Laminated Shingles 2) By High-Performance Laminated Shingles: Impact-Resistant Shingles, Energy-Efficient Shingles 3) By Three-Tab Shingles: Standard Three-Tab Shingles, Lightweight Three-Tab ShinglesWhat Is The Driver Of The Asphalt Shingles Market?
The increasing demand for construction activities is expected to propel the growth of the asphalt shingles market going forward. Construction activities refer to the processes involved in assembling buildings or infrastructure. Asphalt shingles are commonly used roofing materials in construction activities of buildings, providing new appearance, textures, and qualities to infrastructure. For instance, in November 2023, according to a report published by Atradius Collections, a Netherlands-based prominent global agency specializing in commercial debt collection, the global construction output is forecast to increase by 3.2% in 2023, and residential construction is forecast to grow only by 1.1% in 2023 and 0.6% in 2024. Therefore, the increasing demand for construction activities is driving the growth of the asphalt shingles industry.Key Players In The Global Asphalt Shingles Market
Major companies operating in the asphalt shingles market are Sika AG, Owens Corning Inc., Carlisle Companies Inc., Wienerberger AG, Soprema Group, Mueller Inc., Johns Manville Corporation, BMI Group, Braas Monier Building Group SA, Certain Teed Corporation, GAF Materials Corporation, IKO Industries Ltd., Atlas Roofing Corporation, Holcim Building Envelope, TAMKO Building Products Inc., Henry Company LLC, Malarkey Roofing Products Co., Building Products of Canada Corp., Siplast Inc., Englert Inc., Polyglass U.S.A Inc., Marley Eternit Ltd., Versico Roofing Systems Inc., Canroof Corporation Inc., TARCO Roofing Materials Inc., SaintGobain SA, DECRA Roofing Systems Inc., PABCO Building Products LLC, Ruberoid Team AG, Premier Building Systems
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Global Asphalt Shingles Market Trends and Insights
Major companies operating in the asphalt shingles market are innovating new products, such as laminated shingles, to meet customer demands. Architectural shingles, also known as laminated or dimensional shingles, are a type of roofing material used in construction designed to enhance aesthetics and durability for buildings compared to traditional three-tab asphalt shingles. For instance, in March 2023, Atlas Roofing Corporation, a US-based building material manufacturing company, launched Pinnacle, a line of architectural shingles. These tiles are designed to deflect solar radiation from the roof, thus limiting heat transfer into the house. As a result, this reflectivity lowers the need for cooling and raises the home's overall energy efficiency. Pinnacle Sun shingles are especially useful in regions where year-round cooling is required, as they offer cool-roofing solutions that help decrease indoor air temperatures.What Are Latest Mergers And Acquisitions In The Asphalt Shingles Market?
In September 2023, Compagnie de Saint-Gobain S.A., a France based building products manufacturing company, acquired Building Products of Canada Corp. for C$1.325 billion (approximately US$1 billion). With this acquisition, Compagnie de Saint-Gobain aimed to strengthen its footprint in the Canadian market, expand its exterior building solutions portfolio, enhance its production capabilities, and leverage synergies to drive long-term growth and innovation across North America. Building Products of Canada Corp. is a Canada based manufacturing company that specializes in providing residential roofing shingles and wood fiber insulation panels.
Regional Insights
North America was the largest region in the asphalt shingles market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in this market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in this market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.Need data for a specific geography? Request Regional Data
What Defines the Asphalt Shingles Market?
The asphalt shingles market consists of sales of asphalt shingle roofing material made of a material mixture including asphalt, granules, sealants, fiberglass and release film. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.How is Market Value Defined and Measured?
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This chart presents market attractiveness based on a quantitative evaluation of growth, competition, strategic alignment, and risk, offering a clear view of opportunity areas for decision-making. This chart is for illustrative purposes; the full report contains the complete analysis.
This chart highlights the Total Addressable Market (TAM) by estimating the maximum revenue opportunity using an assumption-driven approach, supporting strategic planning and opportunity sizing across markets. The chart is illustrative; the full report provides a more comprehensive analysis.
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What Key Data and Analysis Are Included in theAsphalt Shingles Market Report 2026?
The asphalt shingles market research report is one of a series of new reports from The Business Research Company that provides market statistics, including industry global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the asphalt shingles industry. The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.Asphalt Shingles Market Report Forecast Analysis
| Report Attribute | Details |
|---|---|
| Market Size Value In 2026 | $7.76 billion |
| Revenue Forecast In 2030 | $9.25 billion |
| Growth Rate | CAGR of 4.2% from 2026 to 2030 |
| Base Year For Estimation | 2025 |
| Actual Estimates/Historical Data | 2020-2025 |
| Forecast Period | 2026 - 2030 |
| Market Representation | Revenue in USD Billion and CAGR from 2026 to 2030 |
| Segments Covered | Product Type, Composition, Application |
| Regional Scope | Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa |
| Country Scope | The countries covered in this market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain |
| Key Companies Profiled | Sika AG, Owens Corning Inc., Carlisle Companies Inc., Wienerberger AG, Soprema Group, Mueller Inc., Johns Manville Corporation, BMI Group, Braas Monier Building Group SA, Certain Teed Corporation, GAF Materials Corporation, IKO Industries Ltd., Atlas Roofing Corporation, Holcim Building Envelope, TAMKO Building Products Inc., Henry Company LLC, Malarkey Roofing Products Co., Building Products of Canada Corp., Siplast Inc., Englert Inc., Polyglass U.S.A Inc., Marley Eternit Ltd., Versico Roofing Systems Inc., Canroof Corporation Inc., TARCO Roofing Materials Inc., SaintGobain SA, DECRA Roofing Systems Inc., PABCO Building Products LLC, Ruberoid Team AG, Premier Building Systems |
| Customization Scope | Request for Customization |
| Pricing And Purchase Options | Explore Purchase Options |