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U.S. Roofing Market Revenue to Attain USD 43.12 Billion by 2033

30 January 2025

The U.S. roofing market revenue surpassed US$ 28.18 billion in 2024 and is predicted to attain around US$ 43.12 billion by 2033, growing at a CAGR of 4.84% during the forecast period from 2025 to 2033.

The roofing material market is positioned for substantial growth, primarily fueled by an uptick in construction activities across the United States. Rising demand for energy-efficient roofing solutions is expected to further bolster this growth, with innovations such as advanced composite materials transforming the current market landscape.

In 2022, the roofing contracting industry in the U.S. was ranked as the 17th largest construction industry based on market size, and it stood as the 213th largest overall in the country. This ranking underscores the importance of roofing within the broader construction sector. Given the significant number of homes and businesses in the U.S. that have roofs approaching or exceeding their life expectancies, age-related reroofing emerges as the most prominent driver of roofing demand in the nation. As these structures require replacement or upgrades, the market is set to experience robust activity in the coming years.

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United States Roofing Market Key Takeaways

  • The United States roofing market is anticipated to achieve a valuation of $43.12 billion by 2033, growing at a compound annual growth rate (CAGR) of 4.84% during the forecast period from 2025 to 2033.
  • In terms of roof types, flat roofs continue to dominate the U.S. roofing market, holding a substantial 44.3% market share. Their popularity can be due to several factors, including cost-effective installation, ease of maintenance, and the ability to provide ample space for additional functionalities, such as HVAC systems.
  • When examining material types, spray polyurethane stands out as the leading choice, commanding a 24.2% market share in 2024. This material is favored for its exceptional insulation properties and seamless application, making it a preferred option for many roofing projects.
  • The residential segment is projected to maintain a significant presence in the market, with an expected 38.7% revenue share in the near future. This dominance is driven by a consistent demand for high volumes of roofing products and services as homeowners increasingly invest in roofing upgrades and replacements.
  • In terms of services, roof installation remains a critical driver of the U.S. roofing market, capturing over 39.0% of the market share in 2023. This sector is vital for both new construction and remodeling activities, underscoring the essential role that roofing plays in the overall construction landscape.

Market Overview

Roofing is the process of constructing a building's top covering using various materials, including drain, slate, copper, ridge cap, plastic cement, and base ply and sheet. This essential construction activity enhances the value of structures, increases their longevity, and protects them from adverse environmental conditions. In recent years, several manufacturers have begun offering sophisticated roofing solutions that incorporate unique elements designed to extend the overall lifespan of buildings.

Between 2018 and 2023, U.S. residential construction spending experienced significant fluctuations, particularly within the roofing industry. According to the U.S. Census Bureau, residential spending decreased by 2.0% from 2018 to 2019 due to rising material costs and increasing interest rates. However, the market rebounded in 2020, with a notable increase of 16.5%, bringing total spending to $7.73 trillion. This upward trend continued into 2021, where spending surged by 25.5% to reach $9.71 trillion, largely driven by pandemic-related demand for additional living space. In 2022, spending grew further by 15.3%, hitting $11.19 trillion, before experiencing a decline of 6.0% in 2023, which brought the total down to $10.52 trillion.

The U.S. roofing market is expected to continue its growth trajectory. This expansion is fueled by the entry of more companies into the market and ongoing technological advancements that improve the quality of roofing materials. The roofing sector has been steadily growing over the years, thanks to its increasing applications across various industries. Notably, the automotive and construction sectors have played a significant role in driving the growth of the roofing market, highlighting its importance in the broader economic landscape.

United States Roofing Market Growth Factors

Driver

Growing Homeowner Interest in Bold Aesthetics: In recent years, there has been a noticeable shift in homeowner preferences toward bold aesthetics in home design. This trend is significantly influencing the choices available for material customization, particularly in roofing and exterior finishes. Homeowners are increasingly looking for ways to express their styles while enhancing the overall visual appeal of their properties.

Rapid Home Improvement Financing Solutions: The home improvement market is witnessing a surge in investment driven by rapid financing solutions that make it easier for homeowners to undertake significant renovations, including roofing replacements. This trend is reshaping how homeowners approach property upgrades and maintenance.

Restraint

Material Supply Chain Volatility: The construction industry is currently facing significant challenges due to material supply chain volatility, which is impacting the timely delivery of essential materials for large development projects. This unpredictability not only delays construction timelines but also affects overall project budgets and efficiency.

Unpredictable Weather Outcomes: In addition to supply chain issues, unpredictable weather outcomes are increasingly disrupting seasonal schedules and maintenance intervals in the construction industry. As weather patterns become more erratic, construction timelines and project planning face additional challenges.

Top Trends

High-Value Composite Shingles: High-value composite shingles are increasingly becoming popular in premium suburban developments across the nation. These shingles are designed to mimic the aesthetic of traditional roofing materials, such as wood or slate while offering superior durability and performance. As more developers and homeowners prioritize quality and sustainability, the demand for high-value composite shingles continues to rise, solidifying their place in the market for premium suburban housing.

Adoption of Self-Adhering Membranes: Self-adhering membranes are increasingly gaining popularity in the construction and roofing industries, particularly for retrofit projects. Their ability to provide a reliable, efficient, and precise installation process makes them an attractive choice for contractors and project managers alike.

Recent Developments

  • In January 2025, With the frequency of extreme weather events on the rise, ASAP Roofing & Exteriors, a Utah-based roofing company, initiated a new statewide program focused on proactive roof maintenance and community education. The initiative will provide free roof inspections, conduct in-depth workshops, and offer a public resource guide to mitigate risks associated with severe weather, such as heavy snow, hail, and windstorms.
  • In January 2025, Tecta America, the national leader in commercial roofing, proudly announced its acquisition of Alpine Roofing, a reputable contractor in Sparks, NV. This strategic acquisition enhances Tecta America's commitment to expanding its presence in the commercial roofing sector across the United States.
  • In January 2025, Trivest Partners is excited to share the launch of Canopy Services, a rapidly growing platform in the residential roofing and gutter industry. This new venture is poised to make significant strides in the market.
  • In December 2024, Liberty Roofing Pro launched its Free Roof Inspection Campaign for homeowners and businesses in Butler, PA. This initiative is especially timely, as the National Weather Service reported that Butler experienced 80 severe weather alerts this year alone, highlighting the need for proactive measures among residents.

Top Players in the US Roofing Market 

  • 3M Company
  • Atlas Roofing Corporation
  • BASF SE
  • Berkshire Hathaway Inc.
  • Carlisle Companies Inc.
  • Certain Teed Corporation
  • DoW Chemical Company
  • Dupont de Nemours Company
  • Duro-Last Inc.
  • GAF
  • IKO Industries Ltd
  • Other Prominent Players

Markey Segmentation Overview

By Roof Type

  • Low Sloped Roofs
  • Flat Roofs
  • Pitched Roofs

By Material Type

  • Metal Roofing
  • Spray Polyurethane Foam (SPF)
  • Poly Vinyl Chloride (PVC)
  • Thermoplastic Polyolefin (TPO)
  • Ethylene Propylene Diene Terpolymer (EPDM)
  • Others

By Services

  • Roofing Inspection
  • Roof Repairs/Maintenance
  • Roof Restoration
  • Roof Replacement
  • Roof Installation

By End-Users

  • Residential
  • Healthcare
  • Educational Institutes
  • Hotels & Restaurants
  • Banks & Financial Institutions
  • Airports
  • Warehouses
  • Retail
  • Others

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