Global Commercial Roofing Materials Market Insights Forecasts to 2033

• The Global Commercial Roofing Materials Market Size was Valued at USD 9.95 Billion in 2023
• The Market Size is Growing at a CAGR of 3.50% from 2023 to 2033
• The Worldwide Commercial Roofing Materials Market Size is Expected to Reach USD 14.03 Billion by 2033
• Asia Pacific is Expected to Grow the fastest during the forecast period.

The Global Commercial Roofing Materials Market Size is Anticipated to Exceed USD 14.03 Billion by 2033, Growing at a CAGR of 3.50% from 2023 to 2033.

Market Overview

Commercial roofing materials are specialized materials designed for the construction and maintenance of roofs on commercial buildings. Commercial roofing materials are popular due to their durability, aesthetic appeal, local climate conditions, ease of installation and maintenance, cost-effectiveness, weather resistance, and efficiency for a variety of architectural styles and environmental conditions. Commercial roofing materials are used in various sectors, including office buildings, industrial facilities, warehouses, hospitals & healthcare, educational institutes, hotels & restaurants, banks & financial institutions, airports, hyper & supermarkets, and shopping malls.

For Instance, In June 2024, OMG Roofing Products, a division of OMG, Inc. announced the introduction of its newly revamped website to provide a more intuitive and efficient experience for visitors.

Report Coverage

This research report categorizes the market for commercial roofing materials based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the commercial roofing materials market. Recent market developments and competitive strategies such as expansion, product launch, development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the commercial roofing materials market.

Driving Factors

The growth of the commercial roofing materials market is driven by several key factors including rapid urbanization and infrastructure development, which boost demand for roofing solutions. Sustainability trends and a growing emphasis on eco-friendly materials are leading to increased interest in energy-efficient options like green roofs. Technological advancements also play a significant role by enhancing material durability and ease of installation. Furthermore, economic expansion encourages construction activities, while the demand for weather-resistant roofing systems rises due to climate challenges contributing the market growth worldwide.

Restraining Factors

The commercial roofing materials market is constrained by several factors including high initial costs, which can deter buyers, especially smaller businesses. Market saturation in some regions leads to intense competition and reduced profit margins. Economic uncertainty can impact construction budgets, causing delays or cancellations of projects. Furthermore, extreme weather conditions can disrupt labor schedules, and shortages in the construction industry can slow down installation processes.

Market Segmentation

The commercial roofing materials market share is classified into building type, materials type, and end-user. 

• The low-sloped roofing segment is estimated to hold the highest market revenue share through the projected period.

Based on the building type, the commercial roofing materials market is classified into low-sloped roofing and steep-sloped roofing. Among these, the low-sloped roofing segment is estimated to hold the highest market revenue share through the projected period. The segment dominance is due to its versatility across various applications, cost-effectiveness in materials and installation, and compatibility with energy-efficient systems like green roofs and solar panels. Furthermore, low-sloped roofs generally allow for easier maintenance, making them more appealing to property owners. The commercial construction and renovation continue to grow, the low-sloped roofing segment's dominant position in the market.

• The single-ply products segment is anticipated to hold the largest market share through the forecast period.

Based on the material type, the commercial roofing materials market is divided into single-ply products, modified bitumen materials, spray polyurethane foam (SPF), built-up roofing (BUR), metals, and others. Among these, the single-ply products segment is anticipated to hold the largest market share through the forecast period. The segment prominence can be attributed to their ease of installation, lightweight nature, and flexibility, which make them suitable for various commercial applications. Furthermore, single-ply roofing systems, such as TPO and EPDM, are known for their efficiency and durability, appealing to buildings focused on long-term performance and sustainability.

• The hospitals & healthcare segment is anticipated to grow at the fastest CAGR growth through the forecast period.

Based on the end-user, the commercial roofing materials market is categorized into hospitals & healthcare, educational institutes, hotels & restaurants, banks & financial institutions, airports, hyper & supermarkets, shopping malls, and others. Among these, the hospitals & healthcare segment is anticipated to grow at the fastest CAGR growth through the forecast period. The rapid expansion is driven by the increasing demand for specialized roofing solutions that meet stringent safety and hygiene standards in healthcare facilities. Furthermore, hospitals often require durable, low-maintenance roofing systems that can withstand various environmental conditions, further propelling the demand for advanced roofing materials in the hospital and healthcare sectors.

Regional Segment Analysis of the Commercial Roofing Materials Market

• North America (U.S., Canada, Mexico) 
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America) 
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

North America is anticipated to hold the largest share of the commercial roofing materials market over the predicted timeframe.

North America is anticipated to hold the largest share of the commercial roofing materials market over the predicted timeframe. The region's leadership can be attributed to several factors including robust commercial construction activities, growing emphasis on building renovation, and advancements in roofing technologies. The region’s focus on energy-efficient and sustainable roofing materials further supports market growth. Furthermore, stringent building codes and regulations in North America drive the adoption of commercial roofing materials.

Asia Pacific is expected to grow at the fastest CAGR growth of the commercial roofing materials market during the forecast period. The rapid growth can be attributed to rapid urbanization, increasing infrastructure development, and a surge in commercial construction activities across countries like China, India, and Japan. The region’s expanding economy and rising disposable incomes are driving demand for modern buildings, which often require advanced roofing materials. Furthermore, the growing focus on sustainable and energy-efficient building practices is further boosting the adoption of commercial roofing materials.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the commercial roofing materials market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• GAF
• CertainTeed Corporation
• Owens Corning
• Firestone Building Products
• Sika AG
• IKO Industries Ltd.
• Duro-Last Inc.
• Tremco Incorporated
• Johns Manville
• Atlas Roofing Corporation
• BMI Group
• Malarkey Roofing Products
• Versico Roofing Systems
• Tamko Building Products
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Developments

• In August 2024, Mule-Hide Products Co. Inc. launched a new warranty site that allows contractors to easily manage all parts of their Mule-Hide Products low-slope warranties, from application completion to invoice payment.

• In July 2025, IKO, a Canadian provider of residential and commercial roofing, waterproofing, and insulation, announced earlier this month the introduction of its newly designed IKO Commercial website.

• In January 2023, Duro-Last Inc. announced a sustainable, low-slope roofing system that greatly decreases replacement costs and building materials entering the waste stream.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the commercial roofing materials market based on the below-mentioned segments: 

Global Commercial Roofing Materials Market, By Building Type

• Low-Sloped Roofing
• Steep-Sloped Roofing

Global Commercial Roofing Materials Market, By Materials Type

• Single-Ply Products
• Modified Bitumen Materials
• Spray Polyurethane Foam (SPF)
• Built-Up Roofing (BUR)
• Metals
• Others

Global Commercial Roofing Materials Market, By End-User

• Hospitals & Healthcare
• Educational Institutes
• Hotels & Restaurants
• Banks & Financial Institutions
• Airports
• Hyper & Supermarkets
• Shopping Malls
• Others

Global Commercial Roofing Materials Market, By Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa