India Roofing Market Analysis by Mordor Intelligence
The India Roofing Market size stands at USD 8.08 billion in 2025 and is projected to reach USD 11.07 billion by 2030, registering a 6.5% CAGR. The growth trajectory reflects simultaneous momentum from rapid urbanization, government infrastructure mandates, and climate-adaptation policies that are changing material preferences and adoption patterns. Residential construction remains the leading demand center, but technology-rich commercial, industrial, and infrastructure projects are accelerating the shift toward premium membranes and solar-ready solutions. Manufacturers are responding through vertical integration, capacity additions, and direct-forming innovations that shorten lead times and improve cost control. Competitive intensity is rising as new entrants expand metal sheet capacity while established players enrich portfolios with cool-roof coatings and energy-efficient assemblies.
Key Report Takeaways
- By sector, residential applications commanded 64.45% of India's roofing market share in 2024, while they are forecast to expand at a 7.69% CAGR through 2030.
- By installation type, replacement and renovation captured 62.34% share of the India roofing market size in 2024, whereas new installations are projected to grow at an 8.1% CAGR to 2030.
- By roofing type, flat and low-slope systems held 56.78% revenue share in 2024 and are advancing at an 8.35% CAGR through 2030.
- By material, metal retained a 23.45% share of the India roofing market size in 2024; thermoplastic polyolefin is rising fastest at a 7.35% CAGR.
- By region, North India led with 27.65% revenue share in 2024, while East and North-East India are set to grow at an 8.46% CAGR to 2030.
India Roofing Market Trends and Insights
Drivers Impact Analysis
| Drivers | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Rising disposable income & middle-class expansion | +1.2% | National, with early gains in Tier-2 and Tier-3 cities | Medium term (2-4 years) |
| Rapid urbanization & construction boom | +0.8% | North India, West India, with spillover to South India | Short term (≤ 2 years) |
| Government infrastructure initiatives (Smart Cities Mission, PMAY) | +0.6% | National, concentrated in mission cities and PMAY beneficiary states | Medium term (2-4 years) |
| Solar-rooftop subsidies accelerating metal sandwich demand | +0.4% | National, with early adoption in Gujarat, Rajasthan, Maharashtra | Short term (≤ 2 years) |
| Climate-resilience mandates in coastal states | +0.3% | Coastal states (Gujarat, Maharashtra, Tamil Nadu, Odisha, West Bengal) | Long term (≥ 4 years) |
| State-level "cool roof" policies for urban heat mitigation | +0.2% | Urban centers in North India and West India | Medium term (2-4 years) |
| Source: Mordor Intelligence | |||
Rising Disposable Income & Middle-Class Expansion
Higher disposable income is steering homeowners toward premium membranes that promise extended service life and lower cooling costs. The government’s PMAY program has delivered 1.18 crore homes under its urban component and 2.95 crore under its rural arm, creating a large installed base ready for upgrades. Tier-2 and Tier-3 cities now account for a growing share of specification-rich projects where thermoplastic polyolefin (TPO) and EPDM membranes displace commodity asphalt sheets. Manufacturers are amplifying dealer training to capture this latent demand, while financiers are piloting easy EMI plans that ease the adoption of costlier but more durable systems[1]Pratima Joshi, “PMAY-Urban: Houses Completed as on March 2025,” Ministry of Housing & Urban Affairs, mohua.gov.in.
Government Infrastructure Initiatives (Smart Cities Mission, PMAY)
PMAY’s standardized roofing templates allow scale-driven manufacturers to amortize investments in automated roll-forming lines. Simultaneously, Smart Cities projects impose green-building scorecards that popularize cool-roof pigments and solar-ready fasteners. Vendors able to localize specifications for climate zones, humid coastal, dry arid, or temperate northern win repeat orders from state agencies. The convergence of mass housing and smart municipal assets, therefore, gives the India roofing market multiple predictable revenue streams and an incentive to upgrade digital sales channels that track subsidy availment for end users.
Solar-Rooftop Subsidies are Accelerating Metal Sandwich Demand
The PM Surya Ghar rooftop program has already disbursed INR 4,770 crore (USD 572 million) and targets 1 million installations by March 2025. Metal sandwich panels with pre-punched mounting rails simplify photovoltaic (PV) placement, cutting installer time by up to 30%. Brands that certify load-bearing parameters jointly with PV inverter suppliers now secure preferential listings with state nodal agencies. Because the scheme extends to 10 million households by 2027, demand visibility for solar-compatible roofing remains high, nudging even cost-sensitive buyers toward zinc-aluminum coated sheets with anti-corrosion warranties[2]Rakesh Gupta, “PM Surya Ghar Rooftop Subsidy Disbursement Update,” Press Information Bureau, pib.gov.in.
Climate-Resilience Mandates in Coastal States
Cyclone-prone coastal states have begun enforcing wind-uplift ratings and salt-spray resistance in their building bylaws. As a result, polymer-modified membranes with reinforced scrims gain traction over unbranded tar felt. Gujarat’s 2024 Coastal Resilience Code, for example, requires Class C fire-rating and 150 km/h wind resistance on all public buildings; similar norms are pending in Odisha and Tamil Nadu. Manufacturers investing in FM-approved product lines, therefore, position themselves for long-term procurement cycles tied to schools, hospitals, and ports[3]Deepak Mehta, “Coastal Resilience Building Code 2024,” Government of Gujarat Urban Development Department, gujarat.gov.in.
Restraints Impact Analysis
| Restraints | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Counterfeit / sub-standard materials prevalence | -0.5% | National, with higher concentration in unorganized markets | Short term (≤ 2 years) |
| Skilled-labor shortage | -0.4% | National, with acute impact in Tier-2 and Tier-3 cities | Medium term (2-4 years) |
| Imported bitumen & metal price volatility (₹ depreciation) | -0.3% | National, with higher impact on import-dependent manufacturers | Short term (≤ 2 years) |
| Municipal approval delays for innovative systems | -0.2% | Urban centers, particularly in North India and West India | Medium term (2-4 years) |
| Source: Mordor Intelligence | |||
Counterfeit/Sub-Standard Materials Prevalence
Up to 30% of low-ticket roofing rolls in informal retail channels fail IS 15965 tensile tests, eroding consumer trust and compressing average selling prices. Warranty claims surge when counterfeit logos masquerade as premium brands, forcing genuine companies to spend more on hologram labels and QR-based verification. Organized players leverage mobile apps that allow dealers to scan batch numbers and instantly confirm authenticity, thereby locking in repeat orders. Regulatory raids, though increasing, remain uneven across states, leaving compliance-paying firms at a 3-5% cost disadvantage.
Imported Bitumen & Metal Price Volatility
The rupee’s 8% slide against the USD between 2023 and 2024 raised landed costs for polymers, aluminum, and galvanizing chemicals. Manufacturers reported margin compression of 50-100 basis points, prompting staggered price hikes that distributors resisted. Hedging through forward contracts offsets only part of the exposure because special-grade bitumen is sourced from the Middle East and premium TPO resins from Europe. Frequent list-price changes also slow procurement decisions, elongating sales cycles in the India roofing market.
Segment Analysis
By Sector: Residential Dominance Drives Premium Adoption
The residential segment’s 64.45% share of the India roofing market size in 2024 underlines its entrenched scale. It also leads with a 7.69% CAGR as households seek energy-efficient, low-maintenance systems. Urban apartments opt for reflective metal tiles that lower cooling bills by 10%, while rural beneficiaries of PMAY-Gramin choose corrugated sheets coated with algae-resistant pigments. Banks back these upgrades with rooftop-linked mortgage top-ups, easing liquidity. Commercial buildings, offices, malls, factories, and warehouses account for the next largest chunk, supported by sustained logistics warehousing fueled by e-commerce distribution hubs.
Growth momentum in residential roofs now pivots on value additions rather than sheer volume. Developers of premium housing integrate solar-ready anchor points, cool-roof coatings, and warrantied membranes that outlive the 20-year home-loan tenure. In the commercial realm, global tenants insist on FM-approved assemblies that minimize insurance premiums, nudging landlords toward higher-grade membranes. Infrastructure projects, metro stations, and airport cargo bays are adopting double-skin assemblies with acoustic insulation, establishing reference cases that will filter down to private projects and expand the addressable India roofing market.
Note: Segment shares of all individual segments available upon report purchase
By Installation Type: Replacement Market Maturity Signals Opportunity
Replacement and renovation captured 62.34% of India's roofing market share in 2024, a testament to aging stock and heightened awareness of waterproofing integrity. Many warehouse owners schedule reroofing just before new leasing cycles to minimize downtime, creating predictable order windows for contractors. Maintenance budgets now bundle roof audits with thermal imaging to locate leaks, which in turn triggers demand for advanced membranes compatible with overlay installations.
Conversely, new installations are advancing at an 8.1% CAGR, benefiting from corridor-based industrial parks and Smart City commercial towers. Manufacturers able to deliver just-in-time shipments to construction sites secure cost advantages. Customs-cleared composite panels with integrated vapor barriers also find acceptance in specialty projects such as data centers that cannot risk moisture ingress, indicating how new-build specifications are raising the performance bar across the India roofing market.
By Roofing Type: Flat Systems Enable Solar Integration
Flat and low-slope assemblies accounted for 56.78% revenue in 2024 and are accelerating at an 8.35% CAGR as urban developers exploit roofs to house HVAC units, solar panels, and recreational decks. Because the PM Surya Ghar program subsidizes PV output rather than hardware, homeowners maximize kW installation by demanding near-zero deflection substrates that sustain snow-less load but resist cyclone uplift.
Sloped roofs remain integral to high-rainfall geographies and smaller towns where pitched tile aesthetics dominate. However, even this segment is evolving: designers specify hidden-fastener standing-seam metal to achieve the look of tradition with the performance of modern steel. Consequently, innovation in flashings, valley trays, and ridge vents continues to seep into the sloped niche, ensuring that every roofing type contributes to the expanding India roofing market.
By Material Type: TPO Emerges as a Challenge to Traditional Leaders
Metal products sustained a 23.45% share of the India roofing market size in 2024, backed by galvanizing upgrades that extend warranties to 25 years. Yet TPO membranes are outpacing all others at a 7.35% CAGR thanks to weld-seam integrity, reflectivity above 0.70, and recyclability claims attractive to ESG-focused buyers. Tata BlueScope’s Durashine Coolshield line, launched in August 2024, reflects incumbents’ pivot toward a cool-roof value proposition.
EPDM continues to dominate chemical plants for its hydrocarbon resistance, while PVC retains traction in food-grade warehouses because of easy cleanability. Clay tiles and fiber-cement boards still serve niche heritage aesthetics but lose share on lifecycle economics. A growing pipeline of domestic compounding plants for TPO resin will likely shrink import premiums, further cementing TPO’s place in the India roofing industry’s mix.
Geography Analysis
North India commanded 27.65% of 2024 revenue as urban corridors such as Delhi-NCR, Lucknow-Kanpur, and Chandigarh-Mohali retrofit malls and factories. Central government tenders, for example, the New Delhi Railway Station redevelopment, specify reflective membranes and PV-ready walkways that reward suppliers already certified under RDSO norms. Abundant steel production in Punjab and Uttarakhand shortens metal coil lead-times, reinforcing this regional dominance.
West India mirrors the North’s dynamism but adds maritime influences that favor corrosion-resistant alloys. Maharashtra’s Navi Mumbai International Airport (phase 1) and Gujarat’s Dholera smart industrial city together commit vast roof-scapes to cool-roof and solar regimes. State subsidies of up to USD 0.04/W on rooftop PV reduce payback to under five years, implicitly driving uptake of higher-grade roofing substrates that simplify mounting.
East and North-East India, though smaller in absolute terms, is the fastest-growing at an 8.46% CAGR. The INR 55,179 crore (USD 6.6 billion) Assam highway package and the INR 5,729 crore (USD 687 million) Guwahati Ring Road are spawning depot sheds and service centers that require long-span roofing. Local governments incentivize new plants through land rebates, encouraging national manufacturers to establish coil-coating lines closer to demand nodes. South India continues its steady climb on the back of IT parks in Bengaluru and Chennai alongside green-building mandates that encourage low-VOC roof coatings.
Competitive Landscape
Market structure is moderately fragmented, with the top five players accounting for roughly 45% of 2024 revenue, leaving room for regional challengers. Tata BlueScope and Hindalco leverage integrated steel value chains to buffer metal price swings, while midsize firms such as Shyam Metalics deploy new 400,000-tonne capacity to chase volume. Value propositions center on higher SRI coatings, factory-attached insulation, and patented clip-lock seams that halve onsite labor.
Direct-forming technology is replacing one-pass corrugators, enabling just-in-time customization of rib heights and panel widths. Forward integration into installation services is rising as customers seek single-warranty accountability; UltraTech’s 2025 entry into cables and wires complements its building envelope ambitions and underscores supply-chain convergence. Capital markets reward scale plays: JTL Industries raised USD 36 million in 2024 to bankroll Raigad expansion and then acquired Nabha Steels, securing coil self-sufficiency.
Digital engagement is a new frontier: QR-coded coils enable traceability from mill to roof, and cloud-based thermal simulation tools help architects model savings in real time. Manufacturers offering such digital stack integration differentiate beyond price, a critical edge as the India roofing market matures. Logistics footprint also matters: vendors with Eastern depots promise 72-hour delivery, crucial for infrastructure projects on tight milestones.
India Roofing Industry Leaders
-
Tata BlueScope Steel
-
Hindalco Industries Ltd
-
JSW Steel Coated Products
-
CK Birla Group (HIL Ltd)
-
Everest Industries Ltd
- *Disclaimer: Major Players sorted in no particular order
Recent Industry Developments
- June 2025: Hindalco Industries commissioned a USD 145 million aluminum coil-coating plant in Sambalpur, Odisha, adding 250,000 t of corrosion-resistant roofing-sheet capacity; first commercial shipments are slated for Q4 2025.
- May 2025: JSW Steel approved a USD 180 million capex to install new galvalume and color-coated lines at its Vijayanagar works, targeting 300,000 t of premium roofing output annually.
- April 2025: The Ministry of New and Renewable Energy released “Rooftop Solar Structural Safety Guidelines 2025,” mandating wind-load certification for roofing substrates used in subsidy-linked PV projects.
- March 2025: Aditya Birla Group and Adani Group announced cable and wire expansions worth USD 216 million to reinforce control over construction inputs, potentially stabilizing roofing material supply chains.
India Roofing Market Report Scope
The Indian roofing industry encompasses the manufacturing, distribution, installation, and maintenance of roofing systems. These systems play a crucial role in shielding buildings from weather elements and enhancing energy efficiency. With the rapid pace of urbanization and infrastructure development, there's a surging demand for diverse and sustainable roofing solutions across residential, commercial, and industrial sectors.
A complete background analysis of the India Roofing Market, including the assessment of the economy and contribution of sectors in the economy, market overview, market size estimation for key segments, and emerging trends in the market segments, market dynamics, and geographical trends, and the impact of Geopolitics and Pandemics on the Market, is covered in the report.
The India Roofing Market is segmented by sector (commercial, residential, and industrial construction) as well as by material (tiles, bricks, metal roofing) .The report offers market size and forecasts for all the above segments in value (USD).
| Residential | |
| Commercial | Offices and Retail |
| Industrial and Logistics | |
| Others | |
| Infrastructure |
| New Installation |
| Replacement / Renovation (Re-Roofing) |
| Slope Roof |
| Flat / Low-Slope Roof |
| Modified Bitumen |
| EPDM Rubber |
| Thermoplastic Polyolefin |
| PVC Membrane |
| Metals |
| Tiles |
| Others |
| North India |
| West India |
| South India |
| East & North-East India |
| By Sector | Residential | |
| Commercial | Offices and Retail | |
| Industrial and Logistics | ||
| Others | ||
| Infrastructure | ||
| By Installation Type | New Installation | |
| Replacement / Renovation (Re-Roofing) | ||
| By Roofing Type | Slope Roof | |
| Flat / Low-Slope Roof | ||
| By Material Type | Modified Bitumen | |
| EPDM Rubber | ||
| Thermoplastic Polyolefin | ||
| PVC Membrane | ||
| Metals | ||
| Tiles | ||
| Others | ||
| By Geography | North India | |
| West India | ||
| South India | ||
| East & North-East India | ||
Key Questions Answered in the Report
How large is the India roofing market in 2025?
The India roofing market size is USD 8.08 billion in 2025 and is forecast to reach USD 11.07 billion by 2030.
Which segment grows fastest within India’s roof sector?
Flat and low-slope systems expand fastest at an 8.35% CAGR thanks to solar-ready designs and commercial construction momentum.
Why is TPO gaining popularity in Indian roofs?
Thermoplastic polyolefin offers high reflectivity, single-ply welding ease, and long warranties, driving a 7.35% CAGR that outpaces other materials.
What role do government programs play in roofing demand?
PMAY, Smart Cities Mission, and PM Surya Ghar subsidies create steady pipelines for both affordable housing roofs and solar-compatible assemblies.
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