Latin America Roofing Materials Market Size & Outlook
Latin America roofing materials market, 2018-2030 (US$B)
Related Markets
Latin America roofing materials market highlights
- The Latin America roofing materials market generated a revenue of USD 13.6 billion in 2021.
- The market is expected to grow at a CAGR of 4.3% from 2022 to 2030.
- In terms of segment, asphalt shingles was the largest revenue generating product in 2021.
- Metal Roofs is the most lucrative product segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2021 | USD 13.6 billion |
| Market revenue in 2030 | USD 19.8 billion |
| Growth rate | 4.3% (CAGR from 2021 to 2030) |
| Largest segment | Asphalt shingles |
| Fastest growing segment | Metal Roofs |
| Historical data covered | 2018 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2030 |
| Quantitative units | Revenue in USD billion |
| Market segmentation | Asphalt Shingles, Concrete & Clay Tiles, Metal Roofs, Plastics |
| Key market players worldwide | Owens-Corning Inc, Compagnie de Saint-Gobain SA, Johns Manville, Wienerberger AG, Atlas Roofing, Carlisle Companies Inc, TAMKO Building Products, GAF, Crown Building Services, CertainTeed Corporation, CSR |
Other key industry trends
- In terms of revenue, Latin America region accounted for 11.3% of the global roofing materials market in 2021.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 58.4 billion by 2030.
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Roofing Materials Market Scope
Roofing Materials Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America roofing materials market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to roofing materials market will help companies and investors design strategic landscapes.
Asphalt shingles was the largest segment with a revenue share of 30.88% in 2021. Horizon Databook has segmented the Latin America roofing materials market based on asphalt shingles, concrete & clay tiles, metal roofs, plastics covering the revenue growth of each sub-segment from 2018 to 2030.
The U.S.-China trade war is translating into a healthy growth rate for the Central & South American markets. Brazil, Argentina, and Columbia are emerging as hubs for foreign investors and the respective governments are directing their focus on internal development through initiatives such as building special economic zones (SEZs) for a more robust economic growth.
Like the rest of the world, the COVID-19, has caused significant economic and social harm to this region. It experienced a contraction of 7.7% of GDP in 2020, however, it is likely to register a growth of around 3.7% in 2021, according to the Economic Commission for Latin America and the Caribbean.
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Our clientele includes a mix of roofing materials market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America roofing materials market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America roofing materials market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America roofing materials market
Latin America Roofing Materials Market Outlook Share, 2021 & 2030 (US$B)
Latin America roofing materials market
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