Asphalt Shingles Market Report 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.

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.

The growing demand for construction activities is expected to drive the growth of the asphalt shingles market in the future. Construction activities involve the processes of building or assembling infrastructure. Asphalt shingles are widely used as roofing materials in construction projects, offering new aesthetics, textures, and durability to buildings. For example, in November 2023, a report by Atradius Collections, a Netherlands-based global agency specializing in commercial debt collection, forecasted a 3.2% increase in global construction output for 2023. It also predicted that residential construction would grow by only 1.1% in 2023 and 0.6% in 2024. As a result, the rising demand for construction activities is fueling the growth of the asphalt shingles market.

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.

In September 2023, Compagnie de Saint-Gobain S.A., a France-based building products manufacturer, acquired Building Products of Canada Corp. for C$1.325 billion (approximately US$1 billion). Through this acquisition, Saint-Gobain aimed to expand its presence in the Canadian market, broaden its exterior building solutions portfolio, enhance production capabilities, and leverage synergies to drive long-term growth and innovation across North America. Building Products of Canada Corp., based in Canada, specializes in the manufacture of residential roofing shingles and wood fiber insulation panels.

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.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs are impacting the asphalt shingles market by increasing the cost of imported asphalt, fiberglass mats, and specialized granules, resulting in higher production expenses and pricing pressures for roofing manufacturers and contractors. Regions relying heavily on imported petrochemical inputssuch as North America and parts of Europeface the strongest supply chain disruptions. However, tariffs can also stimulate domestic material sourcing, encourage local manufacturing capacity, and boost investments in alternative, cost-efficient roofing formulations.

The asphalt shingles research report is one of a series of new reports that provides asphalt shingles market statistics, including the asphalt shingles industry's global market size, regional shares, competitors with asphalt shingles market share, detailed asphalt shingles market segments, market trends and opportunities and any further data you may need to thrive in the asphalt shingles industry. This asphalt shingles market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Asphalt shingles are a roofing material composed of individual overlapping elements created from a mixture of asphalt and fiberglass. These shingles are surfaced with granules that increase their exposure to the sun's UV rays, helping to maintain cooler roof temperatures and enhance their durability.

The primary products within the asphalt shingles market include dimensional shingles, high-performance laminated shingles, and three-tab shingles. Dimensional shingles are a type of asphalt shingle known for their three-dimensional appearance. They are manufactured by bonding two layers of shingles and then selectively removing sections to reveal the underlying layer. These shingles are available in both organic asphalt and fiberglass asphalt variations, catering to residential and commercial applications.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 asphalt shingles report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the asphalt shingles market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

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.

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.

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