Building Materials & Hardware · Direct
Monitoring · monthlyProcurement Category Intelligence
Asphalt Shingles
Overview
Market size
$5.8B
global, USD
CAGR
3.8%
base to forecast
Buyer power
-2.4
supplier-favoured
Suppliers
8
tracked players
Signals
12
1 high severity
Market outlook
2031$7.0B
What changed
Demand by region
North America demand65%
Asia Pacific demand15%
Europe demand12%
Latin America demand5%
Rest of world demand3%
share of global demandtotal 100%
Cost drivers
Mineral material and surface granules40%
Asphalt flux binder25%
Fiberglass mat reinforcement15%
Manufacturing energy and labor12%
Freight and outbound logistics8%
share of delivered cost (analyst estimate)