Asphalt Shingles Market Size and Share

Asphalt Shingles Market (2025 - 2030)
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Asphalt Shingles Market Analysis by Mordor Intelligence

The Asphalt Shingles Market size is estimated at USD 17.51 billion in 2025, and is expected to reach USD 21.91 billion by 2030, at a CAGR of 4.49% during the forecast period (2025-2030). Growth rests on three pillars: resilient reroofing demand that cushions cyclical swings in new construction, cost-effective installation that mitigates skilled-labor shortages, and a wave of regulatory updates that reward cool-roof and impact-rated designs. Architectural-laminated formats, fiberglass reinforcement, and polymer-modified impact shingles sit at the center of product strategy, while digital procurement reshapes how contractors source materials. Although insurers in hurricane-exposed states intensify scrutiny, manufacturers answer with fortified fastening systems and recycling breakthroughs that convert waste liability into a circular-economy asset.

Key Report Takeaways

  • By product type, architectural and laminated shingles held 57.78% of the asphalt shingles market share in 2024, while luxury and designer variants are projected to record a 5.35% CAGR through 2030. 
  • By reinforcement, fiberglass mat accounted for 78.23% share of the asphalt shingles market size in 2024, whereas organic mat shingles are poised to expand at a 5.78% CAGR to 2030. 
  • By distribution channel, roofing-supply distributors led with 43.32% share in 2024, while e-commerce channels are projected to grow at 6.03% CAGR to 2030. 
  • By application, residential reroofing captured 58.23% revenue share in 2024 and is advancing at a 5.88% CAGR through 2030
  • By geography, North America commanded a 42.26% share in 2024, whereas the Asia-Pacific is forecast to post a 5.20% CAGR through 2030.

Segment Analysis

By Type: Architectural Dominance Drives Premium Shift

Architectural and laminated formats held 57.78% of the asphalt shingles market size in 2024, reflecting their balance of affordability and curb appeal. Luxury and designer variants, though smaller in volume, are forecast at 5.35% CAGR on the back of multilayer granule technology that mimics slate and cedar. Three-tab strips continue losing shelf space as contractors standardize on thicker profiles that reduce callbacks. The asphalt shingles market observes manufacturers bundling extended warranties to reinforce mid-tier price points and to counter tile or metal encroachment in affluent suburbs. Consumers treat dimensional aesthetics as baseline rather than discretionary, placing architectural shingles firmly at the heart of renovation spending.

Demand for premium texture grows alongside exterior-design investments, with IKO’s Dynasty matte-black launch signaling color as the next battleground. Luxury laminates leverage multi-bond adhesives that achieve Class F wind ratings, securing footholds in hurricane-exposed coastal tracts. Marketing focuses on resale value uplift rather than warranty length, resonating with homeowners who view roofs as visible equity. As value chains internalize more colored granule production, margins widen without eroding the price gap to metal panels, sustaining the asphalt shingles market across economic cycles.

Asphalt Shingles Market: Market Share by Type
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By Reinforcement: Fiberglass Supremacy with Organic Renaissance

Fiberglass held 78.23% of the asphalt shingles market share in 2024, driven by light weight and Class A fire ratings that streamline code compliance. Organic mat shingles, long considered legacy, now post a 5.78% CAGR as bio-based polymers improve cold-bend flexibility sought in Nordic and Alpine regions. Fiberglass production scale keeps unit cost low; however, carbon-footprint audits favor cellulose-rich mats, pushing some European builders toward organics under green-label procurement. Product portfolios bifurcate: fiberglass for mainstream tract housing, organic mat for high-altitude or eco-certified projects. 

By Distribution Channel: Traditional Channels Face Digital Disruption

Roofing-supply distributors held a 43.32% share in 2024, supported by credit terms and local inventory. E-commerce is set to post a 6.03% CAGR as contractors adopt app-based ordering that aligns with materials-as-a-service models. Direct-to-contractor portals from GAF and Owens Corning bypass wholesalers for specialty SKUs, but bulky freight keeps final-mile logistics in distributor hands.

Retail home-center traffic centers on DIY repair, a minor slice given professional installation requirements. The asphalt shingles market moves toward hybrid models where online portals trigger pick-up at local yards, smoothing cash flow for small contractors. As application-programming-interface integration improves, job-site drones may soon automate replenishment orders, further compressing the procurement cycle.

By Application: Reroofing Dominance Reflects Infrastructure Aging

Residential reroofing represented 58.23% of the asphalt shingles market share in 2024 and is projected to grow at a 5.88% CAGR as weather volatility shortens service life. Insurance mandates often trigger full-roof replacement even for localized damage, driving volume irrespective of housing starts. New-build demand faces land-price inflation, yet remains material to contractors in Sunbelt metros where asphalt competes fiercely with clay tile. Commercial low-slope uptake stays niche, limited by thermal-welded membranes, though institutional retrofits sometimes specify laminated shingles for heritage aesthetics.

Reroofing demand increasingly specifies Class 4 impact ratings and cool-roof granules, nudging average selling prices upward. Replacement cycles accelerate in hail alley states, while California’s wildfire zones continue to require Class A assemblies, locking asphalt into code. As the asphalt shingles market size expands in replacement, manufacturers invest in recycling logistics to capture tear-off tonnage and offset raw-bitumen volatility.

Asphalt Shingles Market: Market Share by Application
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Geography Analysis

North America accounted for 42.26% of asphalt shingles market size in 2024 on the strength of mature code frameworks, entrenched contractor networks, and an installed base exceeding 80 million detached homes. Title 24 mandates and Florida Building Code updates create a continuous upgrade treadmill that favors impact-rated laminates. 

Asia-Pacific delivers the fastest growth at 5.20% CAGR through 2030 thanks to urbanization and government housing missions in China, India, and Indonesia. Asphalt gains share from clay tiles due to lighter load and easier installation on steel trusses common in high-rise projects. Owens Corning’s multi-country footprint points to localization as critical, with plants in China and India reducing lead times.

Europe sees mixed fortunes: circular-economy directives accelerate recycling, yet green-label programs encourage metal or slate in affluent northern markets. Retrofit subsidies in Germany and France help asphalt compete on life-cycle cost if cool-roof ratings are achieved. 

South America logs steady adoption as Brazilian mortgage expansion funds single-family construction using laminated shingles in lieu of corrugated metal. Middle-East and Africa represent frontier demand linked to tourism projects and affordable-housing schemes; supply hinges on new depots and contractor-training centers financed by multinational producers. Each region’s trajectory underscores how the asphalt shingles market intertwines affordability, code mandates, and climate resilience.

Asphalt Shingles Market CAGR (%), Growth Rate by Region
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Competitive Landscape

The market is highly consolidated in nature. Three vertically integrated leaders, such as GAF, Owens Corning, and IKO, shape pricing and innovation agendas. Competitive edge revolves around recycling capability, installer-loyalty programs, and integrated solar readiness rather than pure cost. Robotics, drone inspections, and AI-driven color-predict tools expand the service moat. While raw-material inflation challenges margins, scale players mitigate volatility via vertical integration in glass mat, granules, and asphalt terminals, keeping smaller rivals in regional niches.

Asphalt Shingles Industry Leaders

  1. GAF Materials Corporation

  2. IKO Industries Ltd.

  3. Owens Corning

  4. Saint-Gobain

  5. TAMKO Building Products LLC

  6. *Disclaimer: Major Players sorted in no particular order
Asphalt Shingles Market Concentration
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Recent Industry Developments

  • July 2023: TAMKO Building Products invested USD 10 million in Northstar Clean Technologies through a strategic partnership targeting asphalt shingle recycling capabilities.
  • February 2023: Saint-Gobain acquired Asphaltica recycling technology for asphalt shingle recycling, advancing its commitment to reduce landfill disposal by 50% by 2035.

Table of Contents for Asphalt Shingles Industry Report

1. Introduction

  • 1.1 Study Assumptions and 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 Growing Residential Construction and Reroofing Demand
    • 4.2.2 Cost-Effective Installation and Life-Cycle Economics
    • 4.2.3 Architectural Laminated Shingle Popularity
    • 4.2.4 Cool-Roof and Energy-Code Driven Demand
    • 4.2.5 Polymer-Modified Impact-Rated Products for Hail Zones
  • 4.3 Market Restraints
    • 4.3.1 Vulnerability to Extreme Weather/Wind Uplift
    • 4.3.2 Bitumen-Related Environmental and Disposal Concerns
    • 4.3.3 Growing Appeal of Metal and Composite Substitutes
  • 4.4 Value Chain Analysis
  • 4.5 Regulatory Landscape
  • 4.6 Technological Outlook
  • 4.7 Porter's Five Forces
    • 4.7.1 Bargaining Power of Suppliers
    • 4.7.2 Bargaining Power of Buyers
    • 4.7.3 Threat of New Entrants
    • 4.7.4 Threat of Substitutes
    • 4.7.5 Competitive Rivalry

5. Market Size and Growth Forecasts (Value)

  • 5.1 By Type
    • 5.1.1 Three-tab shingles
    • 5.1.2 Architectural / Laminated shingles
    • 5.1.3 Luxury / Designer Shingles
    • 5.1.4 Strip Shingles
  • 5.2 By Reinforcement
    • 5.2.1 Fiberglass mat
    • 5.2.2 Organic mat
  • 5.3 By Distribution Channel
    • 5.3.1 Direct to contractors
    • 5.3.2 Roofing supply distributors
    • 5.3.3 Retail home-center stores
    • 5.3.4 E-commerce / Online
  • 5.4 By Application
    • 5.4.1 Residential - New build
    • 5.4.2 Residential - Reroofing
    • 5.4.3 Commercial low-slope
    • 5.4.4 Institutional and Public
  • 5.5 By Geography
    • 5.5.1 Asia-Pacific
    • 5.5.1.1 China
    • 5.5.1.2 India
    • 5.5.1.3 Japan
    • 5.5.1.4 Australia
    • 5.5.1.5 Rest of Asia-Pacific
    • 5.5.2 North America
    • 5.5.2.1 United States
    • 5.5.2.2 Canada
    • 5.5.2.3 Mexico
    • 5.5.3 Europe
    • 5.5.3.1 Germany
    • 5.5.3.2 United Kingdom
    • 5.5.3.3 France
    • 5.5.3.4 Italy
    • 5.5.3.5 Russia
    • 5.5.3.6 Rest of Europe
    • 5.5.4 South America
    • 5.5.4.1 Brazil
    • 5.5.4.2 Argentina
    • 5.5.4.3 Rest of South America
    • 5.5.5 Middle-East and Africa
    • 5.5.5.1 Saudi Arabia
    • 5.5.5.2 South Africa
    • 5.5.5.3 Turkey
    • 5.5.5.4 Rest of Middle-East and Africa

6. Competitive Landscape

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share (%)/Ranking Analysis
  • 6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products and Services, and Recent Developments)
    • 6.4.1 Atlas Roofing Corporation
    • 6.4.2 Bitumat Company Ltd.
    • 6.4.3 BP Canada
    • 6.4.4 Carlisle Construction Materials
    • 6.4.5 GAF Materials Corporation
    • 6.4.6 IKO Industries Ltd.
    • 6.4.7 Johns Manville
    • 6.4.8 Malarkey Roofing
    • 6.4.9 Owens Corning
    • 6.4.10 PABCO Roofing Products
    • 6.4.11 POLYGLASS U.S.A., Inc
    • 6.4.12 Repsol
    • 6.4.13 Roofing Corp of America
    • 6.4.14 Saint Gobain
    • 6.4.15 Sika AG
    • 6.4.16 Siplast, Inc.
    • 6.4.17 TAMKO Building Products LLC
    • 6.4.18 Tarco Roofing

7. Market Opportunities and Future Outlook

  • 7.1 White-space and unmet-need assessment
  • 7.2 Circular-economy asphalt shingle recycling
  • 7.3 Solar-ready reflective shingle formats
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Global Asphalt Shingles Market Report Scope

By Type
Three-tab shingles
Architectural / Laminated shingles
Luxury / Designer Shingles
Strip Shingles
By Reinforcement
Fiberglass mat
Organic mat
By Distribution Channel
Direct to contractors
Roofing supply distributors
Retail home-center stores
E-commerce / Online
By Application
Residential - New build
Residential - Reroofing
Commercial low-slope
Institutional and Public
By Geography
Asia-Pacific China
India
Japan
Australia
Rest of Asia-Pacific
North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Russia
Rest of Europe
South America Brazil
Argentina
Rest of South America
Middle-East and Africa Saudi Arabia
South Africa
Turkey
Rest of Middle-East and Africa
By Type Three-tab shingles
Architectural / Laminated shingles
Luxury / Designer Shingles
Strip Shingles
By Reinforcement Fiberglass mat
Organic mat
By Distribution Channel Direct to contractors
Roofing supply distributors
Retail home-center stores
E-commerce / Online
By Application Residential - New build
Residential - Reroofing
Commercial low-slope
Institutional and Public
By Geography Asia-Pacific China
India
Japan
Australia
Rest of Asia-Pacific
North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Russia
Rest of Europe
South America Brazil
Argentina
Rest of South America
Middle-East and Africa Saudi Arabia
South Africa
Turkey
Rest of Middle-East and Africa
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Key Questions Answered in the Report

How large is the asphalt shingles market in 2025?

The asphalt shingles market size is valued at USD 17.51 billion in 2025.

What is the expected growth rate for asphalt shingle sales to 2030?

Sales are projected to rise at a 4.49% CAGR between 2025 and 2030.

Which product type leads in volume?

Architectural and laminated shingles hold 57.78% market share in 2024.

Why is reroofing the main demand driver?

Roof lifespans have shortened to 10-12 years in storm-exposed regions, raising replacement frequency.

Which region offers the fastest growth opportunity?

Asia-Pacific is forecast to expand at 5.20% CAGR through 2030, supported by urban housing programs.

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