Construction activities include the process of building, renovating, and expanding infrastructure, residential, commercial, and industrial properties. Roofing materials, including asphalt shingles, built-up roofing, and synthetic solutions, are used most in construction projects for their affordability and versatility and help safeguard homes against environmental elements. The surge in new housing developments and renovations in residential construction supports the need for durable and appealing roofing solutions.

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Roofing Materials Market by Size, Share, Forecast, & Trends Analysis

The Roofing Materials Market is expected to reach $159.9 billion by 2031, at a CAGR of 3.8% from 2024 to 2031.