ASEAN Roofing Market Size and Share

ASEAN Roofing Market (2026 - 2031)
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ASEAN Roofing Market Analysis by Mordor Intelligence

The ASEAN Roofing Market size is projected to be USD 5.5 billion in 2025, USD 5.78 billion in 2026, and reach USD 7.46 billion by 2031, growing at a CAGR of 5.24% from 2026 to 2031.

The ASEAN roofing market is being supported by two steady demand pools, mass residential construction and expanding industrial and logistics real estate, while public infrastructure spending is adding a firm base of project activity across the region. Indonesia is keeping demand stable through a state-backed renovation drive for 2 million substandard homes, supported by Rp 43.6 trillion (USD 2.65 billion), which is turning housing policy into a direct volume for roofing replacements. Vietnam is adding another layer of support with 158,723 social housing units targeted for 2026 and a wider 973,471-unit pipeline through 2030, while public investment disbursements are rising and construction output is expected to strengthen in parallel. Lower intra-ASEAN trade barriers and the 2026 Passive Cooling Roadmap are also pushing the ASEAN roofing market toward higher-value reflective, insulated, and system-based products instead of basic commodity sheets in many public and institutional projects. At the same time, steel, bitumen, and petrochemical price swings are keeping the ASEAN roofing market split between volume suppliers competing on price and premium suppliers defending margins through warranty, performance, and specification support. 

Key Report Takeaways

  • By material type, metal roofing accounted for 38% of revenue in 2025, while single-ply membranes are projected to expand at a 6.4% CAGR through 2031.
  • By construction type, new construction accounted for 64% of 2025 revenue and also leads growth with a 5.9% CAGR through 2031.
  • By application, residential accounted for 51% of the ASEAN roofing market size, while commercial is forecast to record the fastest growth at a 6.0% CAGR through 2031.
  • By geography, Indonesia held 35% of the ASEAN roofing market share in 2025, while Vietnam is expected to grow at the fastest pace with a 6.7% CAGR through 2031.

Note: Market size and forecast figures in this report are generated using Mordor Intelligence’s proprietary estimation framework, updated with the latest available data and insights as of January 2026.

Segment Analysis

By Material Type: Metal Roofing Anchors Revenue While Membranes Close the Gap

Metal roofing accounted for 38% of the ASEAN roofing market in 2025, making it the largest material category across the region. Its position is tied to broad use in industrial warehousing, peri-urban housing, and public projects where speed of installation and cost per square meter remain central buying criteria. The category also benefits from the region’s manufacturing and logistics build-out, as large-span, low-slope roofs commonly default to profiled metal sheets, sometimes paired with insulated composite layers. The OECD’s 2025 steel outlook reinforces this backdrop by identifying ASEAN as one of the few regions where steel demand is expected to grow strongly through 2030. In the ASEAN roofing market, this gives metal roofing manufacturers a material supply base that remains strategically important even when prices are volatile.

Single-ply membranes are projected to grow at a 6.4% CAGR in the ASEAN roofing market through 2031, making them the fastest-growing material group in the forecast period. Their demand is being led by data centers and high-specification commercial roofs in Singapore, Jakarta, and Ho Chi Minh City, where heat-welded systems are chosen for low seam-failure risk and short replacement shutdown windows, as described in the user-supplied draft. Clay and concrete tiles still retain cultural and architectural relevance in Thai and Vietnamese housing. Still, they face pressure to be replaced by lighter fiber-cement and metal options in multi-story applications. Asphalt shingles remain more concentrated in premium residential pockets in Thailand, Malaysia, and the Philippines. At the same time, bituminous membranes continue to serve flat commercial and industrial roofs because they have a familiar installer base and lower equipment needs than welded systems. Wood roofing is declining, while polycarbonate, uPVC, and fiber-cement sheets are gaining traction in affordable housing renovation, especially where certified heat-reflective, low-maintenance products align with state-backed renovation demand.

ASEAN Roofing Market: Market Share by Material
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ASEAN Roofing Market: Market Share by Material

By Construction Type: New Construction Dominates but Replacement Economics Are Improving

New construction accounted for 64% of the ASEAN roofing market in 2025 and is forecast to expand at a 5.9% CAGR through 2031. That combination shows that the region is still driven more by first-time build activity than by mature replacement cycles. Indonesia’s large housing agenda and Vietnam’s social housing pipeline continue to support fresh roof installations at a scale that keeps new construction well ahead of reroofing in the ASEAN roofing market. This matters to suppliers because project capture depends heavily on contractor relationships, access to specifications, and fast delivery during the original build phase. It also explains why many manufacturers still organize their commercial strategy around broad distribution and first-install wins rather than repair-led aftermarket demand.

The replacement segment is smaller today, but it generates higher revenue per square meter when owners upgrade entire systems rather than replacing like-for-like sheets. A large stock of metal roofs installed between 2005 and 2015 is moving toward its typical maintenance window, which supports the view in the user-supplied draft that replacement demand will build further from the late 2020s. Commercial owners in markets such as Thailand and Singapore are paying closer attention to total ownership costs, which strengthens the case for more efficient reroofing systems. In the same direction, SCG reported that roofing lines within its Smart Value Product portfolio generated more than THB 993 million (USD 28.4 million) in Q1 2026, showing that premium performance at accessible price points can widen the replacement base without waiting for a large income step-up among end users. 

By Application: Residential Scale Meets Commercial Momentum

Residential construction accounted for 51% of the 2025 value in the ASEAN roofing market, supported by the sheer number of housing units moving through state-backed programs across the region. Indonesia’s subsidized renovation and new-build initiatives, Vietnam’s social housing plan, and similar mass-market housing activity described in the user-supplied draft collectively create a large and relatively stable base of annual roof installations. That scale makes residential demand less sensitive to short-term sentiment changes or financing cycles than many commercial categories. It also keeps volume-oriented product lines relevant even as more advanced systems gain traction in other parts of the ASEAN roofing market. Residential roofing, therefore, remains the broadest demand base, even when growth is faster elsewhere. As a result, the ASEAN roofing industry is seeing faster value growth in applications where roof systems are purchased as part of whole-building performance rather than as stand-alone materials.

Commercial roofing is forecast to expand at a 6.0% CAGR through 2031, making it the fastest-growing application in the ASEAN roofing market. Office, retail, hospitality, and especially digital infrastructure projects are pushing this segment toward higher thermal, waterproofing, and durability standards than basic housing projects. Industrial and institutional applications are also meaningful because factories, cold-chain sites, schools, hospitals, and public buildings often need insulated or reflective assemblies rather than basic sheet products. Thailand’s building energy code framework for non-residential buildings has helped reinforce that direction by linking roof thermal performance to compliance expectations in public and private projects, as referenced in the user-supplied draft[2]Thailand Building Energy Code Reference, “Passive Cooling Strategies Practitioner Handbook,” Climate Technology Centre and Network, ctc-n.org. As a result, the ASEAN roofing industry is seeing faster value growth in applications where roof systems are purchased as part of whole-building performance rather than as stand-alone materials.

ASEAN Roofing Market: Market Share by Application
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ASEAN Roofing Market: Market Share by Application

Geography Analysis

Indonesia held 35% of the ASEAN roofing market share in 2025, making it the largest market in the region. Its scale rests on a housing delivery agenda that combines new-build targets with subsidized renovation, creating both volume demand and a shift toward more formal materials channels in lower-income housing segments. The renovation of 2 million substandard homes with Rp 43.6 trillion (USD 2.65 billion) in funding is especially important because it turns public spending into immediate reroofing demand rather than only future pipeline potential. Indonesia also stands out because premium roofing demand is moving beyond cold-chain uses into pharmaceutical, institutional, and data-center projects, as stated in the user-supplied draft. In the ASEAN roofing market, the combination of very large basic housing demand and rising specification-led industrial demand gives Indonesia a scale and value that other countries do not match.

Vietnam is forecast to expand at a 6.7% CAGR through 2031, making it the fastest-growing country in the ASEAN roofing market. The growth case is tied to a strong social housing pipeline, rising public investment disbursement, and a broader manufacturing hub strategy that is supporting industrial and infrastructure construction. Vietnam also has stronger pull for premium roofing systems because major projects and technical standards are raising the requirement for insulated and compliant roof assemblies, as described in the user-supplied draft. SCG’s PRIME subsidiary is expanding GP tile capacity from 19 million square meters in 2025 to a planned 25.6 million square meters in 2026, signaling confidence in both domestic demand and export opportunities from Vietnam into nearby markets.a 

Thailand remains a more mature part of the ASEAN roofing market, where growth is steadier, and product premiumization matters more than pure volume expansion. That is evident in SCG’s launch of the LumaX Series in Thailand, aimed at design-sensitive projects that value leak resistance, detailing, and integrated system performance over price alone. The Philippines is facing softer near-term conditions in the construction sector. However, residential permits still point to underlying housing demand that can continue to support basic roofing volume, as described in the user-supplied draft. The rest of ASEAN, led by Malaysia and Singapore, remains smaller in volume but remains important for premium membranes, green roofs, and other specialist systems, as product standards and specification practices in these markets often influence the wider ASEAN roofing market.

Competitive Landscape

The ASEAN roofing market is fragmented overall, as no company controls all major material categories across the region. Regional manufacturers such as SCG, Swissma Building Technologies, and Le Nam Megasheet are most visible in metal roofing and related products, where competition centers on price, fabrication capacity, and delivery speed. Global specialists such as Sika, SOPREMA, and Kingspan are stronger in membranes, waterproofing, and insulated panel systems, where technical approval, specification access, and installer certification matter more than simple volume reach. This split keeps the ASEAN roofing market competitive across a wide product perimeter and prevents a single supplier from dominating both commodity and premium roofing demand. It also means that market leadership often depends on the product segment under discussion rather than on a single clear regional winner.

Sika’s acquisition of Elmich Pte Ltd in February 2025 is a clear example of how premium players are using targeted deals to widen their roofing system offer. Elmich brought urban greening and green-roof capabilities that fit directly with Sika’s existing waterproofing and membrane portfolio in Singapore and the wider Asia Pacific region[3]Sika AG, “Sika Acquires Leading Green Roof Provider in Singapore,” Sika AG, sika.com. Kingspan made a similar move in March 2025 by acquiring Hao Wei in Malaysia, which gave it a local XPS insulation production base and reduced its dependence on imported supply for Southeast Asia. In a price-sensitive region, that type of local manufacturing step can narrow the landed-cost gap between high-performance systems and lower-cost alternatives.

SCG has also strengthened its position through product development and portfolio expansion in the ASEAN roofing market. The company launched the LumaX Series in Thailand in 2025 to target higher-value design requirements and reported more than THB 993 million (USD 28.4 million) in Q1 2026 revenue from roofing lines within its Smart Value Product portfolio. SCG Cement-Building Materials also acquired an 80% stake in Siam Coating Innovation Co., Ltd. in 2025, thereby improving its access to high-performance coating capabilities for fiber-cement, metal, and concrete roofs. As the ASEAN roofing market moves toward stronger specification requirements in Vietnam and Indonesia, the pressure on domestic volume players, regional champions, and global specialists is likely to intensify rather than ease.

ASEAN Roofing Industry Leaders

  1. SCG

  2. Thung Hing

  3. Swissma Building Technologies

  4. Le Nam Megasheet

  5. LCP Group

  6. *Disclaimer: Major Players sorted in no particular order
ASEAN Roofing Market
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Recent Industry Developments

  • April 2026: The ASEAN Centre for Energy (ACE) and the United Nations Environment Programme (UNEP) jointly launched the Passive Cooling Roadmap for the ASEAN Region in Manila, calling for mandatory passive-cooling and reflective-roof requirements in national building codes aligned with the ASEAN Plan of Action for Energy Cooperation (APAEC) 2026–2030. The roadmap's adoption by national planning ministries is expected to improve roof thermal performance specifications across public-sector construction procurement in all ASEAN-5 markets.
  • March 2026: Kingspan Group acquired Hao Wei, a Malaysia-based XPS insulation manufacturer, establishing Kingspan Insulation's first local manufacturing facility in Asia. The acquisition includes a polystyrene recycling facility aligned with Kingspan's Planet Passionate sustainability targets and immediately lowers supply-chain costs for flat-roof and cold-store applications across Southeast Asia.
  • December 2025: SCG positioned Vietnam as a key production and export hub within its Regional Optimization strategy, with its PRIME subsidiary announcing plans to expand glazed porcelain (GP) tile capacity from 19 million square meters in 2025 to 25.6 million square meters in 2026 through investments at the Pho Yen facility. The expansion strengthens domestic tile supply capacity for Vietnam's social housing, residential, and infrastructure construction pipeline.

Table of Contents for ASEAN Roofing Industry Report

1. Introduction

  • 1.1 Study Assumptions & Market Definition
  • 1.2 Scope of the Study

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Government Housing and Infrastructure Pipelines Expanding Roofing Demand
    • 4.2.2 Green Building and Thermal Performance Rules Supporting Cool and Insulated Roofs
    • 4.2.3 Industrial, Logistics, Cold Chain, and Data Center Build Out Increasing Demand for Insulated Panels and Membranes
    • 4.2.4 Tropical Humidity, Monsoon Exposure, and Leakage Risk Lifting Waterproofing Intensity
    • 4.2.5 Green Roofs, Siphonic Drainage, and Stormwater Features Adding Premium Content
    • 4.2.6 Lower Intra-ASEAN Trade Barriers Improving Access to Premium Roofing Inputs
  • 4.3 Market Restraints
    • 4.3.1 Raw Material Cost Volatility in Bitumen, Resin, and Petrochemical Inputs Pressuring Margins
    • 4.3.2 Skilled Installer Shortages Reducing Execution Quality and Slowing Specialized Roof Adoption
    • 4.3.3 Competition from Lower Cost Substitute Materials Capping Pricing Power
    • 4.3.4 Import Dependence and Uneven Regional Standards Complicating Supply Decisions
  • 4.4 Value / Supply-Chain Analysis
  • 4.5 Regulatory Landscape
  • 4.6 Technological Outlook
  • 4.7 Cost Structure Analysis
  • 4.8 Trend and Impacts of Roofing Replacements
  • 4.9 Porter's Five Forces
    • 4.9.1 Threat of New Entrants
    • 4.9.2 Bargaining Power of Suppliers
    • 4.9.3 Bargaining Power of Buyers
    • 4.9.4 Threat of Substitutes
    • 4.9.5 Intensity of Competitive Rivalry

5. Market Size & Growth Forecasts (Value, USD)

  • 5.1 By Material Type
    • 5.1.1 Asphalt Shingles
    • 5.1.2 Clay & Concrete Tiles
    • 5.1.3 Metal Roofing
    • 5.1.4 Bituminous / Modified Bitumen Membranes
    • 5.1.5 Single-Ply Membranes (TPO, EPDM, and PVC)
    • 5.1.6 Wood
    • 5.1.7 Others
  • 5.2 By Construction Type
    • 5.2.1 New Construction
    • 5.2.2 Reroofing and Replacement
  • 5.3 By Application
    • 5.3.1 Residential
    • 5.3.2 Commercial
    • 5.3.3 Industrial
    • 5.3.4 Institutional
    • 5.3.5 Others
  • 5.4 By Geography
    • 5.4.1 Indonesia
    • 5.4.2 Vietnam
    • 5.4.3 Thailand
    • 5.4.4 Philippines
    • 5.4.5 Rest of ASEAN

6. Competitive Landscape

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share Analysis
  • 6.4 Company Profiles {(Includes Global Level Overview, Market Level Overview, Core Segments, Financials as Available, Strategic Information, Products & Services, and Recent Developments)}
    • 6.4.1 SCG Roofing
    • 6.4.2 Swissma Building Technologies
    • 6.4.3 Thung Hing
    • 6.4.4 Le Nam Megasheet
    • 6.4.5 LCP Group
    • 6.4.6 Kemudi Sempurna
    • 6.4.7 Asia Jaya Sepadu
    • 6.4.8 UGI
    • 6.4.9 PT. Insulated Panel Indonesia
    • 6.4.10 Subzero
    • 6.4.11 PT. Mandiri Mulia Makmur Abadi (MMMA)
    • 6.4.12 ROOFMAXX
    • 6.4.13 Kingspan
    • 6.4.14 Sika
    • 6.4.15 SOPREMA

7. Market Opportunities & Future Outlook

  • 7.1 White-Space & Unmet-Need Assessment

ASEAN Roofing Market Report Scope

The ASEAN Roofing Market is Segmented by Material Type (Asphalt Shingles, Clay & Concrete Tiles, Metal Roofing, Bituminous / Modified Bitumen Membranes, Single-Ply Membranes, Wood, and Others), Construction Type (New Construction, Reroofing and Replacement), Application (Residential, Commercial, Industrial, and more), and Geography (Indonesia, Vietnam, Thailand, and more). The Market Forecasts are Provided in Terms of Value (USD).

By Material Type
Asphalt Shingles
Clay & Concrete Tiles
Metal Roofing
Bituminous / Modified Bitumen Membranes
Single-Ply Membranes (TPO, EPDM, and PVC)
Wood
Others
By Construction Type
New Construction
Reroofing and Replacement
By Application
Residential
Commercial
Industrial
Institutional
Others
By Geography
Indonesia
Vietnam
Thailand
Philippines
Rest of ASEAN
By Material TypeAsphalt Shingles
Clay & Concrete Tiles
Metal Roofing
Bituminous / Modified Bitumen Membranes
Single-Ply Membranes (TPO, EPDM, and PVC)
Wood
Others
By Construction TypeNew Construction
Reroofing and Replacement
By ApplicationResidential
Commercial
Industrial
Institutional
Others
By GeographyIndonesia
Vietnam
Thailand
Philippines
Rest of ASEAN

Key Questions Answered in the Report

What is the current outlook for ASEAN roofing demand through 2031?

The ASEAN roofing market stands at USD 5.78 billion in 2026 and is forecast to reach USD 7.46 billion by 2031 at a 5.24% CAGR, supported by housing, industrial projects, and public infrastructure.

Which material category leads roofing demand in ASEAN today?

Metal roofing leads with 38% of 2025 revenue because it suits industrial sheds, peri-urban housing, and public works where cost and installation speed matter most.

Which roofing materials are growing the fastest across ASEAN?

Single-ply membranes are the fastest-growing material segment with a 6.4% CAGR through 2031, driven by data centers, cold-chain assets, and other highly specified buildings.

Why is Vietnam growing faster than other ASEAN countries in roofing?

Vietnam is forecast to grow at a 6.7% CAGR through 2031 because of its social housing pipeline, rising public investment, and its role as a regional manufacturing hub.

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