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Asphalt shingle market size trends

New Jersey, USA-Asphalt shingle market research report is a detailed study of the asphalt shingle industry, specializing in the growth potential of the asphalt shingle market and potential opportunities in the market. Secondary research data comes from government publications, expert interviews, reviews, surveys, and trusted journals. The recorded data spanned ten years, and then a systematic review was conducted to conduct in-depth research on the influencers in the asphalt shingle market.
The market size of asphalt shingles in 2020 is US$6.25604 billion, and is expected to reach US$7.6637 billion by 2028, with a compound annual growth rate of 2.57% from 2021 to 2028.
Asphalt shingles are a type of wall or roof shingles that use asphalt for waterproofing. It is one of the most widely used roof coverings in North America because of its relatively cheap upfront cost and relatively simple installation. Two substrates are used to make asphalt shingles, organic materials and glass fibers. The production methods of the two are similar. One or both sides are covered with asphalt or modified asphalt, the exposed surface is impregnated with slate, schist, quartz, vitrified brick, stone] or ceramic particles, and the bottom surface is treated with sand, talcum powder or mica. , To prevent shingles from sticking to each other before use.


Post time: Sep-06-2021