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Asphalt Shingles Market
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Asphalt Shingles Market 2025-2033 Overview: Trends, Competitor Dynamics, and Opportunities

Asphalt Shingles Market by Product (Dimensional Shingles, High Performance Laminated Shingles, Three-Tab Shingles, Other Shingles), by North America (U.S., Canada), by Europe (Germany, UK, France, Italy, Spain, Netherlands, Sweden, Rest of Europe), by Asia Pacific (China, India, Japan, South Korea, Australia, Singapore, Thailand, Rest of Asia Pacific), by Latin America (Brazil, Mexico, Argentina, Chile, Colombia, Rest of Latin America), by MEA (Saudi Arabia, UAE, South Africa, Egypt, Nigeria, Rest of MEA) Forecast 2025-2033

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Asphalt Shingles Market 2025-2033 Overview: Trends, Competitor Dynamics, and Opportunities

Key Insights

The size of the Asphalt Shingles Market was valued at USD 7 Billion in 2023 and is projected to reach USD 9.09 Billion by 2032, with an expected CAGR of 3.8% during the forecast period. The Asphalt Shingles Market emphasizes the manufacturing and utilization of asphalt-based roofing products, mainly employed in both residential and commercial roofing settings. Asphalt shingles consist of a fiberglass or organic mat that is layered with asphalt and mineral granules, providing strength, water resistance, and defense against extreme weather. The market is propelled by the increasing need for cost-effective, long-lasting, and simple-to-install roofing options, especially in areas with changing climates. Essential elements driving market expansion encompass the growth in residential building, home improvement initiatives, and the heightened demand for asphalt shingles because of their affordability, broad accessibility, and diverse designs. Advancements in asphalt shingle technology, including improved granule coatings for UV defense, energy-efficient reflective surfaces, and more durable materials, are also fueling demand. Additionally, the increasing emphasis on eco-friendly building methods and the incorporation of recycled materials in asphalt shingle production are shaping market dynamics. With the rising need for dependable and effective roofing solutions, the Asphalt Shingles Market is anticipated to expand consistently in the upcoming years.

Asphalt Shingles Market Research Report - Market Size, Growth & Forecast

Asphalt Shingles Market Concentration & Characteristics

The market exhibits a moderate level of concentration, with key players controlling a substantial market share. Innovation is a major driving force, as manufacturers invest in research and development to enhance product performance, durability, and sustainability. Regulations related to energy efficiency and environmental impact play a significant role in shaping market dynamics. End-user concentration is primarily in the residential and commercial sectors, with M&A activities driving industry consolidation.

Asphalt Shingles Market Trends

  • Rising Demand for Energy Efficiency: Increasing energy costs and environmental concerns are propelling the demand for energy-efficient roofing solutions, such as cool roofs and insulated shingles.
  • Advancements in Manufacturing Technology: Innovations in manufacturing processes, such as continuous manufacturing and advanced coating techniques, are improving product quality, reducing costs, and increasing production capacity.
  • Growing Popularity of Dimensional Shingles: Dimensional shingles, which mimic the appearance of natural materials like slate and wood, are gaining popularity due to their aesthetic appeal and durability.
  • Expansion into Emerging Markets: Construction activities in developing regions, particularly in Asia Pacific and Latin America, are creating new opportunities for market expansion.

Asphalt Shingles Market Growth

Key Region or Country & Segment to Dominate the Market

  • Dominating Region: North America is the largest market for asphalt shingles, driven by strong construction activity and high demand for roofing solutions in both the residential and commercial sectors.
  • Dominating Segment: Dimensional shingles hold the largest market share, as they offer a combination of aesthetic appeal, durability, and energy efficiency.

Asphalt Shingles Market Product Insights Report Coverage & Deliverables

  • Product Analysis: In-depth analysis of different product types, including dimensional shingles, laminated shingles, three-tab shingles, and other shingles.
  • Market Size and Forecast: Detailed estimates of market size and growth projections for each product type.
  • End-User Analysis: Assessment of key end-user segments, including residential, commercial, industrial, and institutional.
  • Competitive Landscape: Profiling of leading players, including CertainTeed Corporation, Owens Corning, and GAF Materials.

Asphalt Shingles Market Analysis

The market analysis provides comprehensive insights into market size, market share, and growth trends. Key factors impacting market growth are thoroughly examined, along with competitive dynamics and future outlook.

Asphalt Shingles Market Regional Insights

  • North America: U.S., Canada
  • Europe: Germany, UK, France, Italy, Spain
  • Asia Pacific: China, India, Japan, South Korea, Australia
  • Latin America: Brazil, Mexico, Argentina, Chile, Colombia
  • MEA: Saudi Arabia, UAE, South Africa, Egypt, Nigeria

Driving Forces: What's Propelling the Asphalt Shingles Market

  • Rising construction activities
  • Increasing urbanization
  • Growing demand for eco-friendly roofing solutions
  • Government incentives for energy efficiency

Challenges and Restraints in Asphalt Shingles Market

  • Fluctuating raw material prices
  • Competition from alternative roofing materials
  • Environmental regulations

Emerging Trends in Asphalt Shingles Market

  • Solar-integrated shingles
  • Smart shingles with integrated sensors
  • Biodegradable shingles

Asphalt Shingles Industry News

  • Owens Corning Unveils New Dimensional Shingle Line
  • GAF Materials Acquires CertainTeed's Roofing Business
  • IKO Industries Launches New High-Performance Laminated Shingle

Leading Players in the Asphalt Shingles Market

  • CertainTeed Corporation
  • Owens Corning
  • Tarco
  • IKO Industries
  • Atlas Roofing Corporation
  • GAF Materials
  • Henry Company
  • Glass U.S.A
  • PABCO Roofing Products
  • NBP International
  • Shibam Ventures

Asphalt Shingles Market Segmentation

  • 1. Product
    • 1.1. Dimensional Shingles
      • 1.1.1. Office, retail, & lodging
      • 1.1.2. Industrial
      • 1.1.3. Institutional
      • 1.1.4. Others
    • 1.2. High Performance Laminated Shingles
      • 1.2.1. Office, retail, & lodging
      • 1.2.2. Industrial
      • 1.2.3. Institutional
      • 1.2.4. Others
    • 1.3. Three-Tab Shingles
      • 1.3.1. Office, retail, & lodging
      • 1.3.2. Industrial
      • 1.3.3. Institutional
      • 1.3.4. Others
    • 1.4. Other Shingles
      • 1.4.1. Office, retail, & lodging
      • 1.4.2. Industrial
      • 1.4.3. Institutional
      • 1.4.4. Others

Asphalt Shingles Market Segmentation By Geography

  • 1. North America
    • 1.1. U.S.
    • 1.2. Canada
  • 2. Europe
    • 2.1. Germany
    • 2.2. UK
    • 2.3. France
    • 2.4. Italy
    • 2.5. Spain
    • 2.6. Netherlands
    • 2.7. Sweden
    • 2.8. Rest of Europe
  • 3. Asia Pacific
    • 3.1. China
    • 3.2. India
    • 3.3. Japan
    • 3.4. South Korea
    • 3.5. Australia
    • 3.6. Singapore
    • 3.7. Thailand
    • 3.8. Rest of Asia Pacific
  • 4. Latin America
    • 4.1. Brazil
    • 4.2. Mexico
    • 4.3. Argentina
    • 4.4. Chile
    • 4.5. Colombia
    • 4.6. Rest of Latin America
  • 5. MEA
    • 5.1. Saudi Arabia
    • 5.2. UAE
    • 5.3. South Africa
    • 5.4. Egypt
    • 5.5. Nigeria
    • 5.6. Rest of MEA

Asphalt Shingles Market Regional Share

Asphalt Shingles Market REPORT HIGHLIGHTS

AspectsDetails
Study Period 2019-2033
Base Year 2024
Estimated Year 2025
Forecast Period2025-2033
Historical Period2019-2024
Growth RateCAGR of 3.8% from 2019-2033
Segmentation
    • By Product
      • Dimensional Shingles
        • Office, retail, & lodging
        • Industrial
        • Institutional
        • Others
      • High Performance Laminated Shingles
        • Office, retail, & lodging
        • Industrial
        • Institutional
        • Others
      • Three-Tab Shingles
        • Office, retail, & lodging
        • Industrial
        • Institutional
        • Others
      • Other Shingles
        • Office, retail, & lodging
        • Industrial
        • Institutional
        • Others
  • By Geography
    • North America
      • U.S.
      • Canada
    • Europe
      • Germany
      • UK
      • France
      • Italy
      • Spain
      • Netherlands
      • Sweden
      • Rest of Europe
    • Asia Pacific
      • China
      • India
      • Japan
      • South Korea
      • Australia
      • Singapore
      • Thailand
      • Rest of Asia Pacific
    • Latin America
      • Brazil
      • Mexico
      • Argentina
      • Chile
      • Colombia
      • Rest of Latin America
    • MEA
      • Saudi Arabia
      • UAE
      • South Africa
      • Egypt
      • Nigeria
      • Rest of MEA
Table Of Content
  1. 1. Introduction
    • 1.1. Research Scope
    • 1.2. Market Segmentation
    • 1.3. Research Methodology
    • 1.4. Definitions and Assumptions
  2. 2. Executive Summary
    • 2.1. Introduction
  3. 3. Market Dynamics
    • 3.1. Introduction
      • 3.2. Market Drivers
        • 3.2.1. North America
      • 3.3. Market Restrains
        • 3.3.1. Plastic roofing gaining popularity in commercial roofing segment
      • 3.4. Market Trends
  4. 4. Market Factor Analysis
    • 4.1. Porters Five Forces
    • 4.2. Supply/Value Chain
    • 4.3. PESTEL analysis
    • 4.4. Market Entropy
    • 4.5. Patent/Trademark Analysis
  5. 5. Global Asphalt Shingles Market Analysis, Insights and Forecast, 2019-2031
    • 5.1. Market Analysis, Insights and Forecast - by Product
      • 5.1.1. Dimensional Shingles
        • 5.1.1.1. Office, retail, & lodging
        • 5.1.1.2. Industrial
        • 5.1.1.3. Institutional
        • 5.1.1.4. Others
      • 5.1.2. High Performance Laminated Shingles
        • 5.1.2.1. Office, retail, & lodging
        • 5.1.2.2. Industrial
        • 5.1.2.3. Institutional
        • 5.1.2.4. Others
      • 5.1.3. Three-Tab Shingles
        • 5.1.3.1. Office, retail, & lodging
        • 5.1.3.2. Industrial
        • 5.1.3.3. Institutional
        • 5.1.3.4. Others
      • 5.1.4. Other Shingles
        • 5.1.4.1. Office, retail, & lodging
        • 5.1.4.2. Industrial
        • 5.1.4.3. Institutional
        • 5.1.4.4. Others
    • 5.2. Market Analysis, Insights and Forecast - by Region
      • 5.2.1. North America
      • 5.2.2. Europe
      • 5.2.3. Asia Pacific
      • 5.2.4. Latin America
      • 5.2.5. MEA
  6. 6. North America Asphalt Shingles Market Analysis, Insights and Forecast, 2019-2031
    • 6.1. Market Analysis, Insights and Forecast - by Product
      • 6.1.1. Dimensional Shingles
        • 6.1.1.1. Office, retail, & lodging
        • 6.1.1.2. Industrial
        • 6.1.1.3. Institutional
        • 6.1.1.4. Others
      • 6.1.2. High Performance Laminated Shingles
        • 6.1.2.1. Office, retail, & lodging
        • 6.1.2.2. Industrial
        • 6.1.2.3. Institutional
        • 6.1.2.4. Others
      • 6.1.3. Three-Tab Shingles
        • 6.1.3.1. Office, retail, & lodging
        • 6.1.3.2. Industrial
        • 6.1.3.3. Institutional
        • 6.1.3.4. Others
      • 6.1.4. Other Shingles
        • 6.1.4.1. Office, retail, & lodging
        • 6.1.4.2. Industrial
        • 6.1.4.3. Institutional
        • 6.1.4.4. Others
  7. 7. Europe Asphalt Shingles Market Analysis, Insights and Forecast, 2019-2031
    • 7.1. Market Analysis, Insights and Forecast - by Product
      • 7.1.1. Dimensional Shingles
        • 7.1.1.1. Office, retail, & lodging
        • 7.1.1.2. Industrial
        • 7.1.1.3. Institutional
        • 7.1.1.4. Others
      • 7.1.2. High Performance Laminated Shingles
        • 7.1.2.1. Office, retail, & lodging
        • 7.1.2.2. Industrial
        • 7.1.2.3. Institutional
        • 7.1.2.4. Others
      • 7.1.3. Three-Tab Shingles
        • 7.1.3.1. Office, retail, & lodging
        • 7.1.3.2. Industrial
        • 7.1.3.3. Institutional
        • 7.1.3.4. Others
      • 7.1.4. Other Shingles
        • 7.1.4.1. Office, retail, & lodging
        • 7.1.4.2. Industrial
        • 7.1.4.3. Institutional
        • 7.1.4.4. Others
  8. 8. Asia Pacific Asphalt Shingles Market Analysis, Insights and Forecast, 2019-2031
    • 8.1. Market Analysis, Insights and Forecast - by Product
      • 8.1.1. Dimensional Shingles
        • 8.1.1.1. Office, retail, & lodging
        • 8.1.1.2. Industrial
        • 8.1.1.3. Institutional
        • 8.1.1.4. Others
      • 8.1.2. High Performance Laminated Shingles
        • 8.1.2.1. Office, retail, & lodging
        • 8.1.2.2. Industrial
        • 8.1.2.3. Institutional
        • 8.1.2.4. Others
      • 8.1.3. Three-Tab Shingles
        • 8.1.3.1. Office, retail, & lodging
        • 8.1.3.2. Industrial
        • 8.1.3.3. Institutional
        • 8.1.3.4. Others
      • 8.1.4. Other Shingles
        • 8.1.4.1. Office, retail, & lodging
        • 8.1.4.2. Industrial
        • 8.1.4.3. Institutional
        • 8.1.4.4. Others
  9. 9. Latin America Asphalt Shingles Market Analysis, Insights and Forecast, 2019-2031
    • 9.1. Market Analysis, Insights and Forecast - by Product
      • 9.1.1. Dimensional Shingles
        • 9.1.1.1. Office, retail, & lodging
        • 9.1.1.2. Industrial
        • 9.1.1.3. Institutional
        • 9.1.1.4. Others
      • 9.1.2. High Performance Laminated Shingles
        • 9.1.2.1. Office, retail, & lodging
        • 9.1.2.2. Industrial
        • 9.1.2.3. Institutional
        • 9.1.2.4. Others
      • 9.1.3. Three-Tab Shingles
        • 9.1.3.1. Office, retail, & lodging
        • 9.1.3.2. Industrial
        • 9.1.3.3. Institutional
        • 9.1.3.4. Others
      • 9.1.4. Other Shingles
        • 9.1.4.1. Office, retail, & lodging
        • 9.1.4.2. Industrial
        • 9.1.4.3. Institutional
        • 9.1.4.4. Others
  10. 10. MEA Asphalt Shingles Market Analysis, Insights and Forecast, 2019-2031
    • 10.1. Market Analysis, Insights and Forecast - by Product
      • 10.1.1. Dimensional Shingles
        • 10.1.1.1. Office, retail, & lodging
        • 10.1.1.2. Industrial
        • 10.1.1.3. Institutional
        • 10.1.1.4. Others
      • 10.1.2. High Performance Laminated Shingles
        • 10.1.2.1. Office, retail, & lodging
        • 10.1.2.2. Industrial
        • 10.1.2.3. Institutional
        • 10.1.2.4. Others
      • 10.1.3. Three-Tab Shingles
        • 10.1.3.1. Office, retail, & lodging
        • 10.1.3.2. Industrial
        • 10.1.3.3. Institutional
        • 10.1.3.4. Others
      • 10.1.4. Other Shingles
        • 10.1.4.1. Office, retail, & lodging
        • 10.1.4.2. Industrial
        • 10.1.4.3. Institutional
        • 10.1.4.4. Others
  11. 11. Competitive Analysis
    • 11.1. Global Market Share Analysis 2024
      • 11.2. Company Profiles
        • 11.2.1 CertainTeed Corporation
          • 11.2.1.1. Overview
          • 11.2.1.2. Products
          • 11.2.1.3. SWOT Analysis
          • 11.2.1.4. Recent Developments
          • 11.2.1.5. Financials (Based on Availability)
        • 11.2.2 Owens Corning
          • 11.2.2.1. Overview
          • 11.2.2.2. Products
          • 11.2.2.3. SWOT Analysis
          • 11.2.2.4. Recent Developments
          • 11.2.2.5. Financials (Based on Availability)
        • 11.2.3 Tarco
          • 11.2.3.1. Overview
          • 11.2.3.2. Products
          • 11.2.3.3. SWOT Analysis
          • 11.2.3.4. Recent Developments
          • 11.2.3.5. Financials (Based on Availability)
        • 11.2.4 IKO Industries
          • 11.2.4.1. Overview
          • 11.2.4.2. Products
          • 11.2.4.3. SWOT Analysis
          • 11.2.4.4. Recent Developments
          • 11.2.4.5. Financials (Based on Availability)
        • 11.2.5 Atlas Roofing Corporation
          • 11.2.5.1. Overview
          • 11.2.5.2. Products
          • 11.2.5.3. SWOT Analysis
          • 11.2.5.4. Recent Developments
          • 11.2.5.5. Financials (Based on Availability)
        • 11.2.6 GAF Materials
          • 11.2.6.1. Overview
          • 11.2.6.2. Products
          • 11.2.6.3. SWOT Analysis
          • 11.2.6.4. Recent Developments
          • 11.2.6.5. Financials (Based on Availability)
        • 11.2.7 Henry Company
          • 11.2.7.1. Overview
          • 11.2.7.2. Products
          • 11.2.7.3. SWOT Analysis
          • 11.2.7.4. Recent Developments
          • 11.2.7.5. Financials (Based on Availability)
        • 11.2.8 glass U.S.A
          • 11.2.8.1. Overview
          • 11.2.8.2. Products
          • 11.2.8.3. SWOT Analysis
          • 11.2.8.4. Recent Developments
          • 11.2.8.5. Financials (Based on Availability)
        • 11.2.9 PABCO Roofing Products
          • 11.2.9.1. Overview
          • 11.2.9.2. Products
          • 11.2.9.3. SWOT Analysis
          • 11.2.9.4. Recent Developments
          • 11.2.9.5. Financials (Based on Availability)
        • 11.2.10 NBP International
          • 11.2.10.1. Overview
          • 11.2.10.2. Products
          • 11.2.10.3. SWOT Analysis
          • 11.2.10.4. Recent Developments
          • 11.2.10.5. Financials (Based on Availability)
        • 11.2.11 Shibam Ventures
          • 11.2.11.1. Overview
          • 11.2.11.2. Products
          • 11.2.11.3. SWOT Analysis
          • 11.2.11.4. Recent Developments
          • 11.2.11.5. Financials (Based on Availability)
List of Figures
  1. Figure 1: Global Asphalt Shingles Market Revenue Breakdown (Billion, %) by Region 2024 & 2032
  2. Figure 2: North America Asphalt Shingles Market Revenue (Billion), by Product 2024 & 2032
  3. Figure 3: North America Asphalt Shingles Market Revenue Share (%), by Product 2024 & 2032
  4. Figure 4: North America Asphalt Shingles Market Revenue (Billion), by Country 2024 & 2032
  5. Figure 5: North America Asphalt Shingles Market Revenue Share (%), by Country 2024 & 2032
  6. Figure 6: Europe Asphalt Shingles Market Revenue (Billion), by Product 2024 & 2032
  7. Figure 7: Europe Asphalt Shingles Market Revenue Share (%), by Product 2024 & 2032
  8. Figure 8: Europe Asphalt Shingles Market Revenue (Billion), by Country 2024 & 2032
  9. Figure 9: Europe Asphalt Shingles Market Revenue Share (%), by Country 2024 & 2032
  10. Figure 10: Asia Pacific Asphalt Shingles Market Revenue (Billion), by Product 2024 & 2032
  11. Figure 11: Asia Pacific Asphalt Shingles Market Revenue Share (%), by Product 2024 & 2032
  12. Figure 12: Asia Pacific Asphalt Shingles Market Revenue (Billion), by Country 2024 & 2032
  13. Figure 13: Asia Pacific Asphalt Shingles Market Revenue Share (%), by Country 2024 & 2032
  14. Figure 14: Latin America Asphalt Shingles Market Revenue (Billion), by Product 2024 & 2032
  15. Figure 15: Latin America Asphalt Shingles Market Revenue Share (%), by Product 2024 & 2032
  16. Figure 16: Latin America Asphalt Shingles Market Revenue (Billion), by Country 2024 & 2032
  17. Figure 17: Latin America Asphalt Shingles Market Revenue Share (%), by Country 2024 & 2032
  18. Figure 18: MEA Asphalt Shingles Market Revenue (Billion), by Product 2024 & 2032
  19. Figure 19: MEA Asphalt Shingles Market Revenue Share (%), by Product 2024 & 2032
  20. Figure 20: MEA Asphalt Shingles Market Revenue (Billion), by Country 2024 & 2032
  21. Figure 21: MEA Asphalt Shingles Market Revenue Share (%), by Country 2024 & 2032
List of Tables
  1. Table 1: Global Asphalt Shingles Market Revenue Billion Forecast, by Region 2019 & 2032
  2. Table 2: Global Asphalt Shingles Market Revenue Billion Forecast, by Product 2019 & 2032
  3. Table 3: Global Asphalt Shingles Market Revenue Billion Forecast, by Region 2019 & 2032
  4. Table 4: Global Asphalt Shingles Market Revenue Billion Forecast, by Product 2019 & 2032
  5. Table 5: Global Asphalt Shingles Market Revenue Billion Forecast, by Country 2019 & 2032
  6. Table 6: U.S. Asphalt Shingles Market Revenue (Billion) Forecast, by Application 2019 & 2032
  7. Table 7: Canada Asphalt Shingles Market Revenue (Billion) Forecast, by Application 2019 & 2032
  8. Table 8: Global Asphalt Shingles Market Revenue Billion Forecast, by Product 2019 & 2032
  9. Table 9: Global Asphalt Shingles Market Revenue Billion Forecast, by Country 2019 & 2032
  10. Table 10: Germany Asphalt Shingles Market Revenue (Billion) Forecast, by Application 2019 & 2032
  11. Table 11: UK Asphalt Shingles Market Revenue (Billion) Forecast, by Application 2019 & 2032
  12. Table 12: France Asphalt Shingles Market Revenue (Billion) Forecast, by Application 2019 & 2032
  13. Table 13: Italy Asphalt Shingles Market Revenue (Billion) Forecast, by Application 2019 & 2032
  14. Table 14: Spain Asphalt Shingles Market Revenue (Billion) Forecast, by Application 2019 & 2032
  15. Table 15: Netherlands Asphalt Shingles Market Revenue (Billion) Forecast, by Application 2019 & 2032
  16. Table 16: Sweden Asphalt Shingles Market Revenue (Billion) Forecast, by Application 2019 & 2032
  17. Table 17: Rest of Europe Asphalt Shingles Market Revenue (Billion) Forecast, by Application 2019 & 2032
  18. Table 18: Global Asphalt Shingles Market Revenue Billion Forecast, by Product 2019 & 2032
  19. Table 19: Global Asphalt Shingles Market Revenue Billion Forecast, by Country 2019 & 2032
  20. Table 20: China Asphalt Shingles Market Revenue (Billion) Forecast, by Application 2019 & 2032
  21. Table 21: India Asphalt Shingles Market Revenue (Billion) Forecast, by Application 2019 & 2032
  22. Table 22: Japan Asphalt Shingles Market Revenue (Billion) Forecast, by Application 2019 & 2032
  23. Table 23: South Korea Asphalt Shingles Market Revenue (Billion) Forecast, by Application 2019 & 2032
  24. Table 24: Australia Asphalt Shingles Market Revenue (Billion) Forecast, by Application 2019 & 2032
  25. Table 25: Singapore Asphalt Shingles Market Revenue (Billion) Forecast, by Application 2019 & 2032
  26. Table 26: Thailand Asphalt Shingles Market Revenue (Billion) Forecast, by Application 2019 & 2032
  27. Table 27: Rest of Asia Pacific Asphalt Shingles Market Revenue (Billion) Forecast, by Application 2019 & 2032
  28. Table 28: Global Asphalt Shingles Market Revenue Billion Forecast, by Product 2019 & 2032
  29. Table 29: Global Asphalt Shingles Market Revenue Billion Forecast, by Country 2019 & 2032
  30. Table 30: Brazil Asphalt Shingles Market Revenue (Billion) Forecast, by Application 2019 & 2032
  31. Table 31: Mexico Asphalt Shingles Market Revenue (Billion) Forecast, by Application 2019 & 2032
  32. Table 32: Argentina Asphalt Shingles Market Revenue (Billion) Forecast, by Application 2019 & 2032
  33. Table 33: Chile Asphalt Shingles Market Revenue (Billion) Forecast, by Application 2019 & 2032
  34. Table 34: Colombia Asphalt Shingles Market Revenue (Billion) Forecast, by Application 2019 & 2032
  35. Table 35: Rest of Latin America Asphalt Shingles Market Revenue (Billion) Forecast, by Application 2019 & 2032
  36. Table 36: Global Asphalt Shingles Market Revenue Billion Forecast, by Product 2019 & 2032
  37. Table 37: Global Asphalt Shingles Market Revenue Billion Forecast, by Country 2019 & 2032
  38. Table 38: Saudi Arabia Asphalt Shingles Market Revenue (Billion) Forecast, by Application 2019 & 2032
  39. Table 39: UAE Asphalt Shingles Market Revenue (Billion) Forecast, by Application 2019 & 2032
  40. Table 40: South Africa Asphalt Shingles Market Revenue (Billion) Forecast, by Application 2019 & 2032
  41. Table 41: Egypt Asphalt Shingles Market Revenue (Billion) Forecast, by Application 2019 & 2032
  42. Table 42: Nigeria Asphalt Shingles Market Revenue (Billion) Forecast, by Application 2019 & 2032
  43. Table 43: Rest of MEA Asphalt Shingles Market Revenue (Billion) Forecast, by Application 2019 & 2032

STEP 1 - Identification of Relevant Samples Size from Population Database

Step Chart
bar chart
method chart

STEP 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)

approach chart
Top-down and bottom-up approaches are used to validate the global market size and estimate the market size for manufactures, regional segemnts, product and application.

Note* : In applicable scenarios

STEP 3 - Data Sources

Primary Research

  • Web Analytics
  • Survey Reports
  • Research Institute
  • Latest Research Reports
  • Opinion Leaders

Secondary Research

  • Annual Reports
  • White Paper
  • Latest Press Release
  • Industry Association
  • Paid Database
  • Investor Presentations
approach chart

STEP 4 - Data Triangulation

Involves using different sources of information in order to increase the validity of a study

These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.

Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.

During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence

Additionally after gathering mix and scattered data from wide range of sources, data is triangull- ated and correlated to come up with estimated figures which are further validated through primary mediums, or industry experts, opinion leader.

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