Published by Persistence MarketResearch
Posted on October 7, 2021
4 min readLast updated: January 30, 2026
The steep slope roofing materials market is set to reach $14,630 Mn by 2022, driven by construction industry growth despite regional economic slowdowns.
Steep slope roofs are the kind of roofs that have a slope of 3:12 or more. That means for every 12 horizontal inches, the rise in the height of roof is 3 inches or more. Such type of roofs having a steep slope are usually preferred by homeowners and architects alike as they add beauty to the elevation of the building and are also good in their performance. Steep slope roofs provide an enhanced aesthetic appeal to the building, possess a long service life, resists the elements of nature and can be maintained easily.
The global steep slope roofing materials market is slated to touch a value of about US$ 14,630 Mn in the year 2022 and grow at a sluggish CAGR during the assessment period.
Also, due to the steep slope of the roof, it doesn’t allow the water to get collected on the roof, and the water is able to drain out easily from the roof. The growth in the market for steep slope roof materials is directed related to the growth in the construction industry. With the rise in disposable incomes and an increase in the overall economic activity, the construction industry has benefitted, giving a fillip to the steep slope roofing materials market.
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4 Forecast Highlights on Global Steep Slope Roofing Materials Market
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However, contrary to this, the economic slowdown in certain regions of the world has negatively impacted the construction industry, consequently hampering the growth of the steep slope roofing materials market as well. The global steep slope roofing materials market is slated to touch a value of about US$ 14,630 Mn in the year 2022 and grow at a sluggish CAGR during the assessment period.
The report has also included the profiles of some of the leading companies in the steep slope roofing materials market like Atlas Roofing Corporation, Malarkey Roofing Products, Tarco, Inc., Owens Corning, Polyglass U.S.A., Inc., Siplast, Inc., CertainTeed Corporation, TAMKO Building Products, Inc., IKO Industries, Ltd. and Henry Company LLC.
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The post The Global Steep Slope Roofing Materials Market To Surpass US$ 14,630 Mn By 2022 appeared first on Lake Shore Gazette.
The article discusses the projected growth of the global steep slope roofing materials market, expected to reach $14,630 Mn by 2022.
Market growth is influenced by the construction industry's expansion and increased economic activity, despite regional slowdowns.
The re-roofing segment dominates, accounting for a significant portion of the market's revenue share.
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