Asia Pacific Roofing Materials Market Size study, by Product (Asphalt Shingles, Concrete & Clay Tiles, Metal Roofs, Plastics, Other Products), by Application (Residential, Non-residential) and Country Forecasts 2022-2032
Asia Pacific Roofing Materials Market is valued at approximately USD 44.07 Billion in 2023 and is anticipated to grow with a healthy growth rate of more than 4.50% over the forecast period 2024-2032. Roofing materials encompass a diverse array of substances and products used to cover and protect the topmost part of a building. These materials serve multiple functions, including shielding against weather elements such as rain, snow, and wind, as well as providing insulation and aesthetic appeal. Common roofing materials include asphalt shingles, metal roofing, clay or concrete tiles, wood shakes or shingles, slate, and synthetic materials such as rubber or plastic composites. Each type of roofing material offers its own set of advantages and disadvantages in terms of durability, cost, appearance, and environmental impact, allowing property owners to choose the best option based on their specific needs and preferences.
In the Asia Pacific Roofing Materials market, rapid urbanization and industrialization in countries including China, India, and Southeast Asian nations have led to increased construction activities, including residential, commercial, and industrial buildings. This surge in construction demand creates a significant need for roofing materials to cover and protect these structures. Moreover, rising disposable incomes and changing lifestyles in the region have createdgreater demand for modern and aesthetically pleasing roofing solutions, resulting in market growth. As consumers become more aware of the importance of durable and energy-efficient roofing materials, there is a growing preference for advanced options such as metal roofing, clay tiles, and synthetic composites. The market in the region is being driven by factors such as rising construction activities and rising home improvement activities. However, volatility in raw material prices, on the other hand, will stifle market growth between 2024 and 2032.
The key Countries considered for the Asia Pacific Roofing Materials market study includes China, India, Japan, South Korea, Australia and Rest of Asia Pacific. In 2023, China was the largest regional market in terms of revenue. China's robust construction industry, driven by rapid urbanization and infrastructure development, has generated substantial demand for roofing materials. The country's massive population growth, coupled with government initiatives to promote affordable housing and urban renewal projects, has fueled the construction sector's expansion, thereby driving the demand for roofing materials.
Additionally, China boasts a vast manufacturing base for roofing materials, supported by its large-scale production capabilities and relatively lower labor costs compared to many other countries in the region. This manufacturing process allows Chinese companies to produce roofing materials at competitive prices, making them attractive options for domestic and international markets alike. The market in India, on the other hand, is expected to develop at the fastest rate over the forecast period.
Major market player included in this report are:
CSR Limited
Yong-Gang Group Co. Ltd
PT. Surya Multi Indopack
Company 4
Company 5
Company 6
Company 7
Company 8
Company 9
Company 10
The detailed segments and sub-segment of the market are explained below:
By Product
Asphalt Shingles
Concrete & Clay Tiles
Metal Roofs
Plastics
Other Products
By Application
Residential
Non-residential
By Region:
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Years considered for the study are as follows:
Historical year – 2022
Base year – 2023
Forecast period – 2024 to 2032
Key Takeaways:
Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and country level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market
In the Asia Pacific Roofing Materials market, rapid urbanization and industrialization in countries including China, India, and Southeast Asian nations have led to increased construction activities, including residential, commercial, and industrial buildings. This surge in construction demand creates a significant need for roofing materials to cover and protect these structures. Moreover, rising disposable incomes and changing lifestyles in the region have createdgreater demand for modern and aesthetically pleasing roofing solutions, resulting in market growth. As consumers become more aware of the importance of durable and energy-efficient roofing materials, there is a growing preference for advanced options such as metal roofing, clay tiles, and synthetic composites. The market in the region is being driven by factors such as rising construction activities and rising home improvement activities. However, volatility in raw material prices, on the other hand, will stifle market growth between 2024 and 2032.
The key Countries considered for the Asia Pacific Roofing Materials market study includes China, India, Japan, South Korea, Australia and Rest of Asia Pacific. In 2023, China was the largest regional market in terms of revenue. China's robust construction industry, driven by rapid urbanization and infrastructure development, has generated substantial demand for roofing materials. The country's massive population growth, coupled with government initiatives to promote affordable housing and urban renewal projects, has fueled the construction sector's expansion, thereby driving the demand for roofing materials.
Additionally, China boasts a vast manufacturing base for roofing materials, supported by its large-scale production capabilities and relatively lower labor costs compared to many other countries in the region. This manufacturing process allows Chinese companies to produce roofing materials at competitive prices, making them attractive options for domestic and international markets alike. The market in India, on the other hand, is expected to develop at the fastest rate over the forecast period.
Major market player included in this report are:
CSR Limited
Yong-Gang Group Co. Ltd
PT. Surya Multi Indopack
Company 4
Company 5
Company 6
Company 7
Company 8
Company 9
Company 10
The detailed segments and sub-segment of the market are explained below:
By Product
Asphalt Shingles
Concrete & Clay Tiles
Metal Roofs
Plastics
Other Products
By Application
Residential
Non-residential
By Region:
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Years considered for the study are as follows:
Historical year – 2022
Base year – 2023
Forecast period – 2024 to 2032
Key Takeaways:
Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and country level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market
CHAPTER 1. ASIA PACIFIC ROOFING MATERIALS MARKET DEFINITION AND RESEARCH ASSUMPTIONS
1.1. Research Objective
1.2. Market Definition
1.3. Research Assumptions
1.3.1. Inclusion & Exclusion
1.3.2. Limitations
1.3.3. Supply Side Analysis
1.3.3.1. Availability
1.3.3.2. Infrastructure
1.3.3.3. Regulatory Environment
1.3.3.4. Market Competition
1.3.3.5. Economic Viability (Consumer’s Perspective)
1.3.4. Demand Side Analysis
1.3.4.1. Regulatory frameworks
1.3.4.2. Technological Advancements
1.3.4.3. Environmental Considerations
1.3.4.4. Consumer Awareness & Acceptance
1.4. Estimation Methodology
1.5. Years Considered for the Study
1.6. Currency Conversion Rates
CHAPTER 2. EXECUTIVE SUMMARY
2.1. Asia Pacific Roofing Materials Market Size & Forecast (2022- 2032)
2.2. Regional Summary
2.3. Segmental Summary
2.3.1. By Product
2.3.2. By Application
2.4. Key Trends
2.5. Recession Impact
2.6. Analyst Recommendation & Conclusion
CHAPTER 3. ASIA PACIFIC ROOFING MATERIALS MARKET DYNAMICS
3.1. Market Drivers
3.2. Market Challenges
3.3. Market Opportunities
CHAPTER 4. ASIA PACIFIC ROOFING MATERIALS MARKET INDUSTRY ANALYSIS
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model
4.1.7. Porter’s 5 Force Impact Analysis
4.2. PESTEL Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.2.5. Environmental
4.2.6. Legal
4.3. Top investment opportunity
4.4. Top winning strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion
CHAPTER 5. ASIA PACIFIC ROOFING MATERIALS MARKET SIZE & FORECASTS BY PRODUCT 2022-2032
5.1. Asphalt Shingles
5.2. Concrete & Clay Tiles
5.3. Metal Roofs
5.4. Plastics
5.5. Other Products
CHAPTER 6. ASIA PACIFIC ROOFING MATERIALS MARKET SIZE & FORECASTS BY APPLICATION 2022-2032
6.1. Residential
6.2. Non-residential
CHAPTER 7. ASIA PACIFIC ROOFING MATERIALS MARKET SIZE & FORECASTS BY COUNTRY 2022-2032
7.1. China Roofing Materials Market
7.1.1. Product breakdown size & forecasts, 2022-2032
7.1.2. Application breakdown size & forecasts, 2022-2032
7.2. India Roofing Materials Market
7.3. Japan Roofing Materials Market
7.4. Australia Roofing Materials Market
7.5. South Korea Roofing Materials Market
7.6. Rest of Asia Pacific Roofing Materials Market
CHAPTER 8. COMPETITIVE INTELLIGENCE
8.1. Key Company SWOT Analysis
8.1.1. Company
8.1.2. Company
8.1.3. Company
8.2. Top Market Strategies
8.3. Company Profiles
8.3.1. CSR Limited
8.3.1.1. Key Information
8.3.1.2. Overview
8.3.1.3. Financial (Subject to Data Availability)
8.3.1.4. Product Summary
8.3.1.5. Market Strategies
8.3.2. Yong-Gang Group Co Ltd
8.3.3. PT. Surya Multi Indopack
8.3.4. Company
8.3.5. Company
8.3.6. Company
8.3.7. Company
8.3.8. Company
8.3.9. Company
8.3.10. Company
CHAPTER 9. RESEARCH PROCESS
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
1.1. Research Objective
1.2. Market Definition
1.3. Research Assumptions
1.3.1. Inclusion & Exclusion
1.3.2. Limitations
1.3.3. Supply Side Analysis
1.3.3.1. Availability
1.3.3.2. Infrastructure
1.3.3.3. Regulatory Environment
1.3.3.4. Market Competition
1.3.3.5. Economic Viability (Consumer’s Perspective)
1.3.4. Demand Side Analysis
1.3.4.1. Regulatory frameworks
1.3.4.2. Technological Advancements
1.3.4.3. Environmental Considerations
1.3.4.4. Consumer Awareness & Acceptance
1.4. Estimation Methodology
1.5. Years Considered for the Study
1.6. Currency Conversion Rates
CHAPTER 2. EXECUTIVE SUMMARY
2.1. Asia Pacific Roofing Materials Market Size & Forecast (2022- 2032)
2.2. Regional Summary
2.3. Segmental Summary
2.3.1. By Product
2.3.2. By Application
2.4. Key Trends
2.5. Recession Impact
2.6. Analyst Recommendation & Conclusion
CHAPTER 3. ASIA PACIFIC ROOFING MATERIALS MARKET DYNAMICS
3.1. Market Drivers
3.2. Market Challenges
3.3. Market Opportunities
CHAPTER 4. ASIA PACIFIC ROOFING MATERIALS MARKET INDUSTRY ANALYSIS
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model
4.1.7. Porter’s 5 Force Impact Analysis
4.2. PESTEL Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.2.5. Environmental
4.2.6. Legal
4.3. Top investment opportunity
4.4. Top winning strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion
CHAPTER 5. ASIA PACIFIC ROOFING MATERIALS MARKET SIZE & FORECASTS BY PRODUCT 2022-2032
5.1. Asphalt Shingles
5.2. Concrete & Clay Tiles
5.3. Metal Roofs
5.4. Plastics
5.5. Other Products
CHAPTER 6. ASIA PACIFIC ROOFING MATERIALS MARKET SIZE & FORECASTS BY APPLICATION 2022-2032
6.1. Residential
6.2. Non-residential
CHAPTER 7. ASIA PACIFIC ROOFING MATERIALS MARKET SIZE & FORECASTS BY COUNTRY 2022-2032
7.1. China Roofing Materials Market
7.1.1. Product breakdown size & forecasts, 2022-2032
7.1.2. Application breakdown size & forecasts, 2022-2032
7.2. India Roofing Materials Market
7.3. Japan Roofing Materials Market
7.4. Australia Roofing Materials Market
7.5. South Korea Roofing Materials Market
7.6. Rest of Asia Pacific Roofing Materials Market
CHAPTER 8. COMPETITIVE INTELLIGENCE
8.1. Key Company SWOT Analysis
8.1.1. Company
8.1.2. Company
8.1.3. Company
8.2. Top Market Strategies
8.3. Company Profiles
8.3.1. CSR Limited
8.3.1.1. Key Information
8.3.1.2. Overview
8.3.1.3. Financial (Subject to Data Availability)
8.3.1.4. Product Summary
8.3.1.5. Market Strategies
8.3.2. Yong-Gang Group Co Ltd
8.3.3. PT. Surya Multi Indopack
8.3.4. Company
8.3.5. Company
8.3.6. Company
8.3.7. Company
8.3.8. Company
8.3.9. Company
8.3.10. Company
CHAPTER 9. RESEARCH PROCESS
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
LIST OF TABLES
TABLE 1. Asia Pacific Roofing Materials market, report scope
TABLE 2. Asia Pacific Roofing Materials market estimates & forecasts by Country 2022-2032 (USD Billion)
TABLE 3. Asia Pacific Roofing Materials market estimates & forecasts by Product 2022-2032 (USD Billion)
TABLE 4. Asia Pacific Roofing Materials market estimates & forecasts by Application 2022-2032 (USD Billion)
TABLE 5. Asia Pacific Roofing Materials market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 6. Asia Pacific Roofing Materials market by country, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 7. Asia Pacific Roofing Materials market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 8. Asia Pacific Roofing Materials market by country, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 9. Asia Pacific Roofing Materials market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 10. Asia Pacific Roofing Materials market by country, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 11. Asia Pacific Roofing Materials market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 12. Asia Pacific Roofing Materials market by country, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 13. Asia Pacific Roofing Materials market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 14. Asia Pacific Roofing Materials market by country, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 15. China Roofing Materials market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 16. China Roofing Materials market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 17. China Roofing Materials market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 18. India Roofing Materials market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 19. India Roofing Materials market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 20. India Roofing Materials market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 21. Japan Roofing Materials market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 22. Japan Roofing Materials market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 23. Japan Roofing Materials market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 24. Australia Roofing Materials market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 25. Australia Roofing Materials market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 26. Australia Roofing Materials market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 27. South Korea Roofing Materials market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 28. South Korea Roofing Materials market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 29. South Korea Roofing Materials market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 30.
TABLE 31. RoAPAC Roofing Materials market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 32. RoAPAC Roofing Materials market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 33. RoAPAC Roofing Materials market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 34. List of secondary sources, used in the study of Asia Pacific Roofing Materials Market.
TABLE 35. List of primary sources, used in the study of Asia Pacific Roofing Materials Market.
TABLE 36. Years considered for the study.
TABLE 37. Exchange rates considered
TABLE 1. Asia Pacific Roofing Materials market, report scope
TABLE 2. Asia Pacific Roofing Materials market estimates & forecasts by Country 2022-2032 (USD Billion)
TABLE 3. Asia Pacific Roofing Materials market estimates & forecasts by Product 2022-2032 (USD Billion)
TABLE 4. Asia Pacific Roofing Materials market estimates & forecasts by Application 2022-2032 (USD Billion)
TABLE 5. Asia Pacific Roofing Materials market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 6. Asia Pacific Roofing Materials market by country, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 7. Asia Pacific Roofing Materials market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 8. Asia Pacific Roofing Materials market by country, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 9. Asia Pacific Roofing Materials market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 10. Asia Pacific Roofing Materials market by country, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 11. Asia Pacific Roofing Materials market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 12. Asia Pacific Roofing Materials market by country, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 13. Asia Pacific Roofing Materials market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 14. Asia Pacific Roofing Materials market by country, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 15. China Roofing Materials market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 16. China Roofing Materials market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 17. China Roofing Materials market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 18. India Roofing Materials market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 19. India Roofing Materials market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 20. India Roofing Materials market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 21. Japan Roofing Materials market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 22. Japan Roofing Materials market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 23. Japan Roofing Materials market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 24. Australia Roofing Materials market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 25. Australia Roofing Materials market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 26. Australia Roofing Materials market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 27. South Korea Roofing Materials market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 28. South Korea Roofing Materials market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 29. South Korea Roofing Materials market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 30.
TABLE 31. RoAPAC Roofing Materials market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 32. RoAPAC Roofing Materials market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 33. RoAPAC Roofing Materials market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 34. List of secondary sources, used in the study of Asia Pacific Roofing Materials Market.
TABLE 35. List of primary sources, used in the study of Asia Pacific Roofing Materials Market.
TABLE 36. Years considered for the study.
TABLE 37. Exchange rates considered
LIST OF FIGURES
FIG 1. Asia Pacific Roofing Materials market, research methodology
FIG 2. Asia Pacific Roofing Materials market, market estimation techniques
FIG 3. Asia Pacific market size estimates & forecast methods.
FIG 4. Asia Pacific Roofing Materials market, key trends 2023
FIG 5. Asia Pacific Roofing Materials market, growth prospects 2022-2032
FIG 6. Asia Pacific Roofing Materials market, porters 5 force model
FIG 7. Asia Pacific Roofing Materials market, pestel analysis
FIG 8. Asia Pacific Roofing Materials market, value chain analysis
FIG 9. Asia Pacific Roofing Materials market by segment, 2022 & 2032 (USD Billion)
FIG 10. Asia Pacific Roofing Materials market by segment, 2022 & 2032 (USD Billion)
FIG 11. Asia Pacific Roofing Materials market by segment, 2022 & 2032 (USD Billion)
FIG 12. Asia Pacific Roofing Materials market by segment, 2022 & 2032 (USD Billion)
FIG 13. Asia Pacific Roofing Materials market by segment, 2022 & 2032 (USD Billion)
FIG 14. Asia Pacific Roofing Materials market, Country snapshot 2022 & 2032
FIG 15. Asia pacific Roofing Materials market 2022 & 2032 (USD Billion)
FIG 16. Asia Pacific Roofing Materials market, company market share analysis (2023)
FIG 1. Asia Pacific Roofing Materials market, research methodology
FIG 2. Asia Pacific Roofing Materials market, market estimation techniques
FIG 3. Asia Pacific market size estimates & forecast methods.
FIG 4. Asia Pacific Roofing Materials market, key trends 2023
FIG 5. Asia Pacific Roofing Materials market, growth prospects 2022-2032
FIG 6. Asia Pacific Roofing Materials market, porters 5 force model
FIG 7. Asia Pacific Roofing Materials market, pestel analysis
FIG 8. Asia Pacific Roofing Materials market, value chain analysis
FIG 9. Asia Pacific Roofing Materials market by segment, 2022 & 2032 (USD Billion)
FIG 10. Asia Pacific Roofing Materials market by segment, 2022 & 2032 (USD Billion)
FIG 11. Asia Pacific Roofing Materials market by segment, 2022 & 2032 (USD Billion)
FIG 12. Asia Pacific Roofing Materials market by segment, 2022 & 2032 (USD Billion)
FIG 13. Asia Pacific Roofing Materials market by segment, 2022 & 2032 (USD Billion)
FIG 14. Asia Pacific Roofing Materials market, Country snapshot 2022 & 2032
FIG 15. Asia pacific Roofing Materials market 2022 & 2032 (USD Billion)
FIG 16. Asia Pacific Roofing Materials market, company market share analysis (2023)
