Industry: Chemical & Material
Published Date: 2025-07-31
Pages: 147 Pages
Report ld: 4806355
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Asphalt Shingles in Cool Roofs Market Size(US$)

CAGR 2025-2031
5.0%
Market Size,2031
USD 2,180
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global Asphalt Shingles in Cool Roofs market is projected to grow from US$ 1559 million in 2024 to US$ 2180 million by 2031, at a CAGR of 5.0% (2025-2031), driven by critical product segments and diverse end‑use applications, while evolving U.S. tariff policies introduce trade‑cost volatility and supply‑chain uncertainty.
Asphalt shingles are a type of waterproof roofing material that uses asphalt as the primary waterproofing A cool roof is a roofing system that delivers higher solar reflectance (the ability to reflect the visible, infrared and ultraviolet wavelengths of the sun, reducing heat transfer to the building) and higher thermal emittance (the ability to radiate absorbed, or non-reflected solar energy) than standard designed roofing products. Historically, cool roofs have been either white or some other lighter shade color. However, that dynamic has changed in recent years with the development of residential cool roof products can also offer solar reflectivity even in dark, rich hues. Asphalt shingles are a type of waterproof roofing material that uses asphalt as the primary waterproofing material. They are the most popular roofing material in the United States because they are inexpensive, durable, and come in various colors and styles. Asphalt shingles incool roofs are specially designed with solar-reflecting granules (granules that reflect the sun's rays) to help decrease the amount of heat transferred into a home. These shingles can help make your home more comfortable and environmental.
Global key players of Asphalt Shingles in Cool Roofs include Owens Corning, GAF Roofing, CertainTeed, IKO Industries and TAMKO Building Products, etc. The top five players hold a share about 80%. North America is the largest market, has a share about 90%. In terms of product type, Solar Reflectance>0.20 is the largest segment, occupied for a share of about 57%, and in terms of application, Residential has a share about 90 percent.
Report Includes:
This definitive report equips CEOs, marketing directors, and investors with a 360° view of the global Asphalt Shingles in Cool Roofs market, seamlessly integrating production capacity and sales performance across the value chain. It analyzes historical production, revenue, and sales data (2020–2024) and delivers forecasts through 2031, illuminating demand trends and growth drivers.
By segmenting the market by Type and by Application, the study quantifies volume and value, growth rates, technical innovations, niche opportunities, and substitution risks, and analyzes downstream customers distribution pattern.
Granular regional insights cover five major markets—North America, Europe, APAC, South America, and MEA—with in‑depth analysis of 20+ countries. Each region’s dominant products, competitive landscape, and downstream demand trends are clearly detailed.
Critical competitive intelligence profiles manufacturers—capacity, sales volume, revenue, margins, pricing strategies, and major customers—and dissects the top-player positioning across product lines, applications, and regions to reveal strategic strengths.
A concise supply‑chain overview maps upstream suppliers, manufacturing technologies, cost structures, and distribution dynamics to identify strategic gaps and unmet demand.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Defines the Asphalt Shingles in Cool Roofs study scope, segments the market by Type and by Application, etc, highlights segment size and growth potential.
Chapter 2: Offers current market state, projects global revenue and sales to 2031, pinpointing high consumption regions and emerging market catalysts
Chapter 3: Maps global production capacity, utilization, and market share (2020–2031), identifies efficient hubs, reveals regulatory/trade policy impacts and bottlenecks.
Chapter 4: Dissects the manufacturer landscape—ranks by volume and revenue, analyzes profitability and pricing, maps production bases, details manufacturer performance by product type and evaluates concentration alongside M&A moves.
Chapter 5: Unlocks high margin product segments—compares sales, revenue, ASP, and technology differentiators, highlighting growth niches and substitution risks
Chapter 6: Targets downstream market opportunities—evaluates sales, revenue, and pricing by Application, identifies emerging use cases, and profiles leading customers by region and by Application.
Chapter 7: North America—breaks down sales and revenue by Type, by Application and country, profiles key manufacturers and assesses growth drivers and barriers.
Chapter 8: Europe—analyses regional sales, revenue and market by Type, by Application and manufacturers, flagging drivers and barriers.
Chapter 9: Asia Pacific—quantifies sales and revenue by Type, by Application, and region/country, profiles top manufacturers, and uncovers high potential expansion areas.
Chapter 10: Central & South America—measures sales and revenue by Type, by Application, and country, profiles top manufacturers, and identifies investment opportunities and challenges.
Chapter 11: Middle East and Africa—evaluates sales and revenue by Type, by Application, and country, profiles key manufacturers, and outlines investment prospects and market hurdles
Chapter 12: Profiles manufacturers in depth—details product specs, capacity, sales, revenue, margins; Top manufactures 2024 sales breakdowns by Product type, by Application, by sales region SWOT analysis, and recent strategic developments.
Chapter 13: Supply chain—analyses upstream raw materials and suppliers, manufacturing footprint and technology, cost drivers, plus downstream channels and distributor roles.
Chapter 14: Market dynamics—explores drivers, restraints, regulatory impacts, and risk mitigation strategies.
Chapter 15: Actionable conclusions and strategic recommendations.
WHY THIS REPORT
Beyond standard market data, this analysis provides a clear profitability roadmap, empowering you to:
Beyond standard market data, this analysis provides a clear profitability roadmap—empowering you to:
Allocate capital strategically to high growth regions (Chapters 7–11) and margin rich segments (Chapter 5).
Negotiate from strength with suppliers (Chapter 13) and customers (Chapter 6) using cost and demand intelligence.
Outmaneuver competitors with granular insights into their operations, margins, and strategies (Chapters 4 and 12).
Secure your supply chain against disruptions through upstream and downstream visibility (Chapters 13 and 14).
Leverage this 360° intelligence to turn market complexity into actionable competitive advantage.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.
Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.
All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
We provide responsive, dedicated after-sales support to resolve all follow-up inquiries about reports, data and industry interpretation.
TABLE OF CONTENTS
1 Study Coverage
1.1 Introduction to Asphalt Shingles in Cool Roofs: Definition, Properties, and Key Attributes
1.2 Market Segmentation by Type
1.2.1 Global Asphalt Shingles in Cool Roofs Market Size by Type, 2020 VS 2024 VS 2031
1.2.2 Solar Reflectance≤0.20
1.2.3 Solar Reflectance>0.20
1.3 Market Segmentation by Application
1.3.1 Global Asphalt Shingles in Cool Roofs Market Size by Application, 2020 VS 2024 VS 2031
1.3.2 Residential
1.3.3 Commercial
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Executive Summary
2.1 Global Asphalt Shingles in Cool Roofs Revenue Estimates and Forecasts 2020-2031
2.2 Global Asphalt Shingles in Cool Roofs Revenue by Region
2.2.1 Revenue Comparison: 2020 VS 2024 VS 2031
2.2.2 Historical and Forecasted Revenue by Region (2020--2031)
2.2.3 Global Revenue Market Share by Region (2020-2031)
2.3 Global Asphalt Shingles in Cool Roofs Sales Estimates and Forecasts 2020-2031
2.4 Global Asphalt Shingles in Cool Roofs Sales by Region
2.4.1 Sales Comparison: 2020 VS 2024 VS 2031
2.4.2 Historical and Forecasted Sales by Region (2020-2031)
2.4.3 Emerging Market Focus: Growth Drivers & Investment Trends
2.4.4 Global Sales Market Share by Region (2020-2031)
3 Global Production Analysis
3.1 Global Asphalt Shingles in Cool Roofs Production Capacity and Utilization Rates (2020–2031)
3.2 Regional Production: Comparative Analysis (2020 VS 2024 VS 2031)
3.3 Regional Production Dynamics
3.3.1 Historic Production by Region (2020-2025)
3.3.2 Forecasted Production by Region (2026-2031)
3.3.3 Production Market Share by Region (2020-2031)
3.3.4 Regulatory and Trade Policy Impact on Production
3.3.5 Production Capacity Enablers and Constraints
3.4 Key Regional Production Hubs
3.4.1 North America
3.4.2 Europe
3.4.3 China
3.4.4 Japan
4 Competition by Manufacturers
4.1 Global Asphalt Shingles in Cool Roofs Sales by Manufacturers
4.1.1 Global Sales Volume by Manufacturers (2020-2025)
4.1.2 Global Top 5 and Top 10 Manufacturers’Market Share by Sales Volume (2024)
4.2 Global Asphalt Shingles in Cool Roofs Manufacturer Revenue Rankings and Tiers
4.2.1 Global Revenue (Value) by Manufacturers (2020-2025)
4.2.2 Global Key Manufacturer Revenue Ranking (2023 vs. 2024)
4.2.3 Revenue-Based Tier Segmentation (Tier 1, Tier 2, and Tier 3)
4.3 Manufacturer Profitability Profiles and Pricing Strategies
4.3.1 Gross Margin by Top Manufacturer (2020 VS 2024)
4.3.2 Manufacturer-Level Price Trends (2020-2025)
4.4 Key Manufacturers Manufacturing Base and Headquarters
4.5 Main Product Type Market Size by Manufacturers
4.5.1 Solar Reflectance≤0.20 Market Size by Manufacturers
4.5.2 Solar Reflectance>0.20 Market Size by Manufacturers
4.6 Global Asphalt Shingles in Cool Roofs Market Concentration and Dynamics
4.6.1 Global Market Concentration (CR5 and HHI)
4.6.2 Entrant/Exit Impact Analysis
4.6.3 Strategic Moves: M&A, Capacity Expansion, R&D Investment
5 Global Product Segmentation Analysis
5.1 Global Asphalt Shingles in Cool Roofs Sales Performance by Type
5.1.1 Global Historical and Forecasted Sales by Type (2020-2031)
5.1.2 Global Sales Market Share by Type (2020-2031)
5.2 Global Asphalt Shingles in Cool Roofs Revenue Trends by Type
5.2.1 Global Historical and Forecasted Revenue by Type (2020-2031)
5.2.2 Global Revenue Market Share by Type (2020-2031)
5.3 Global Average Selling Price (ASP) Trends by Type (2020-2031)
5.4 Product Technology Differentiation
5.5 Subtype Dynamics: Growth Leaders, Profitability and Risk
5.5.1 High-Growth Niches and Adoption Drivers
5.5.2 Profitability Hotspots and Cost Drivers
5.5.3 Substitution Threats
6 Global Downstream Application Analysis
6.1 Global Asphalt Shingles in Cool Roofs Sales by Application
6.1.1 Global Historical and Forecasted Sales by Application (2020-2031)
6.1.2 Global Sales Market Share by Application (2020-2031)
6.1.3 High-Growth Application Identification
6.1.4 Emerging Application Case Studies
6.2 Global Asphalt Shingles in Cool Roofs Revenue by Application
6.2.1 Global Historical and Forecasted Revenue by Application (2020-2031)
6.2.2 Revenue Market Share by Application (2020-2031)
6.3 Global Pricing Dynamics by Application (2020-2031)
6.4 Downstream Customer Analysis
6.4.1 Top Customers by Region
6.4.2 Top Customers by Application
7 North America
7.1 North America Sales Volume and Revenue (2020-2031)
7.2 North America Key Manufacturers Sales Revenue in 2024
7.3 North America Asphalt Shingles in Cool Roofs Sales and Revenue by Type (2020-2031)
7.4 North America Asphalt Shingles in Cool Roofs Sales and Revenue by Application (2020-2031)
7.5 North America Growth Accelerators and Market Barriers
7.6 North America Asphalt Shingles in Cool Roofs Market Size by Country
7.6.1 North America Revenue by Country
7.6.2 North America Sales Trends by Country
7.6.3 US
7.6.4 Canada
7.6.5 Mexico
8 Europe
8.1 Europe Sales Volume and Revenue (2020-2031)
8.2 Europe Key Manufacturers Sales Revenue in 2024
8.3 Europe Asphalt Shingles in Cool Roofs Sales and Revenue by Type (2020-2031)
8.4 Europe Asphalt Shingles in Cool Roofs Sales and Revenue by Application (2020-2031)
8.5 Europe Growth Accelerators and Market Barriers
8.6 Europe Asphalt Shingles in Cool Roofs Market Size by Country
8.6.1 Europe Revenue by Country
8.6.2 Europe Sales Trends by Country
8.6.3 Germany
8.6.4 France
8.6.5 U.K.
8.6.6 Italy
8.6.7 Russia
9 Asia-Pacific
9.1 Asia-Pacific Sales Volume and Revenue (2020-2031)
9.2 Asia-Pacific Key Manufacturers Sales Revenue in 2024
9.3 Asia-Pacific Asphalt Shingles in Cool Roofs Sales and Revenue by Type (2020-2031)
9.4 Asia-Pacific Asphalt Shingles in Cool Roofs Sales and Revenue by Application (2020-2031)
9.5 Asia-Pacific Asphalt Shingles in Cool Roofs Market Size by Region
9.5.1 Asia-Pacific Revenue by Region
9.5.2 Asia-Pacific Sales Trends by Region
9.6 Asia-Pacific Growth Accelerators and Market Barriers
9.7 Southeast Asia
9.7.1 Southeast Asia Revenue by Country (2020 VS 2024 VS 2031)
9.7.2 Key Country Analysis: Indonesia, Vietnam, Thailand
9.8 China
9.9 Japan
9.10 South Korea
9.11 China Taiwan
9.12 India
10 Central and South America
10.1 Central and South America Sales Volume and Revenue (2020-2031)
10.2 Central and South America Key Manufacturers Sales Revenue in 2024
10.3 Central and South America Asphalt Shingles in Cool Roofs Sales and Revenue by Type (2020-2031)
10.4 Central and South America Asphalt Shingles in Cool Roofs Sales and Revenue by Application (2020-2031)
10.5 Central and South America Investment Opportunities and Key Challenges
10.6 Central and South America Asphalt Shingles in Cool Roofs Market Size by Country
10.6.1 Central and South America Revenue Trends by Country (2020 VS 2024 VS 2031)
10.6.2 Brazil
10.6.3 Argentina
11 Middle East and Africa
11.1 Middle East and Africa Sales Volume and Revenue (2020-2031)
11.2 Middle East and Africa Key Manufacturers Sales Revenue in 2024
11.3 Middle East and Africa Asphalt Shingles in Cool Roofs Sales and Revenue by Type (2020-2031)
11.4 Middle East and Africa Asphalt Shingles in Cool Roofs Sales and Revenue by Application (2020-2031)
11.5 Middle East and Africa Investment Opportunities and Key Challenges
11.6 Middle East and Africa Asphalt Shingles in Cool Roofs Market Size by Country
11.6.1 Middle East and Africa Revenue Trends by Country (2020 VS 2024 VS 2031)
11.6.2 GCC Countries
11.6.3 Turkey
11.6.4 Egypt
11.6.5 South Africa
12 Corporate Profile
12.1 Owens Corning
12.1.1 Owens Corning Corporation Information
12.1.2 Owens Corning Business Overview
12.1.3 Owens Corning Asphalt Shingles in Cool Roofs Product Models, Descriptions and Specifications
12.1.4 Owens Corning Asphalt Shingles in Cool Roofs Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.1.5 Owens Corning Asphalt Shingles in Cool Roofs Sales by Product in 2024
12.1.6 Owens Corning Asphalt Shingles in Cool Roofs Sales by Application in 2024
12.1.7 Owens Corning Asphalt Shingles in Cool Roofs Sales by Geographic Area in 2024
12.1.8 Owens Corning Asphalt Shingles in Cool Roofs SWOT Analysis
12.1.9 Owens Corning Recent Developments
12.2 GAF Roofing
12.2.1 GAF Roofing Corporation Information
12.2.2 GAF Roofing Business Overview
12.2.3 GAF Roofing Asphalt Shingles in Cool Roofs Product Models, Descriptions and Specifications
12.2.4 GAF Roofing Asphalt Shingles in Cool Roofs Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.2.5 GAF Roofing Asphalt Shingles in Cool Roofs Sales by Product in 2024
12.2.6 GAF Roofing Asphalt Shingles in Cool Roofs Sales by Application in 2024
12.2.7 GAF Roofing Asphalt Shingles in Cool Roofs Sales by Geographic Area in 2024
12.2.8 GAF Roofing Asphalt Shingles in Cool Roofs SWOT Analysis
12.2.9 GAF Roofing Recent Developments
12.3 CertainTeed
12.3.1 CertainTeed Corporation Information
12.3.2 CertainTeed Business Overview
12.3.3 CertainTeed Asphalt Shingles in Cool Roofs Product Models, Descriptions and Specifications
12.3.4 CertainTeed Asphalt Shingles in Cool Roofs Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.3.5 CertainTeed Asphalt Shingles in Cool Roofs Sales by Product in 2024
12.3.6 CertainTeed Asphalt Shingles in Cool Roofs Sales by Application in 2024
12.3.7 CertainTeed Asphalt Shingles in Cool Roofs Sales by Geographic Area in 2024
12.3.8 CertainTeed Asphalt Shingles in Cool Roofs SWOT Analysis
12.3.9 CertainTeed Recent Developments
12.4 IKO Industries
12.4.1 IKO Industries Corporation Information
12.4.2 IKO Industries Business Overview
12.4.3 IKO Industries Asphalt Shingles in Cool Roofs Product Models, Descriptions and Specifications
12.4.4 IKO Industries Asphalt Shingles in Cool Roofs Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.4.5 IKO Industries Asphalt Shingles in Cool Roofs Sales by Product in 2024
12.4.6 IKO Industries Asphalt Shingles in Cool Roofs Sales by Application in 2024
12.4.7 IKO Industries Asphalt Shingles in Cool Roofs Sales by Geographic Area in 2024
12.4.8 IKO Industries Asphalt Shingles in Cool Roofs SWOT Analysis
12.4.9 IKO Industries Recent Developments
12.5 TAMKO Building Products
12.5.1 TAMKO Building Products Corporation Information
12.5.2 TAMKO Building Products Business Overview
12.5.3 TAMKO Building Products Asphalt Shingles in Cool Roofs Product Models, Descriptions and Specifications
12.5.4 TAMKO Building Products Asphalt Shingles in Cool Roofs Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.5.5 TAMKO Building Products Asphalt Shingles in Cool Roofs Sales by Product in 2024
12.5.6 TAMKO Building Products Asphalt Shingles in Cool Roofs Sales by Application in 2024
12.5.7 TAMKO Building Products Asphalt Shingles in Cool Roofs Sales by Geographic Area in 2024
12.5.8 TAMKO Building Products Asphalt Shingles in Cool Roofs SWOT Analysis
12.5.9 TAMKO Building Products Recent Developments
12.6 Malarkey Roofing
12.6.1 Malarkey Roofing Corporation Information
12.6.2 Malarkey Roofing Business Overview
12.6.3 Malarkey Roofing Asphalt Shingles in Cool Roofs Product Models, Descriptions and Specifications
12.6.4 Malarkey Roofing Asphalt Shingles in Cool Roofs Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.6.5 Malarkey Roofing Recent Developments
12.7 Atlas Roofing
12.7.1 Atlas Roofing Corporation Information
12.7.2 Atlas Roofing Business Overview
12.7.3 Atlas Roofing Asphalt Shingles in Cool Roofs Product Models, Descriptions and Specifications
12.7.4 Atlas Roofing Asphalt Shingles in Cool Roofs Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.7.5 Atlas Roofing Recent Developments
13 Value Chain and Supply-Chain Analysis
13.1 Asphalt Shingles in Cool Roofs Industry Chain
13.2 Asphalt Shingles in Cool Roofs Upstream Materials Analysis
13.2.1 Raw Materials
13.2.2 Key Suppliers Market Share & Risk Assessment
13.3 Asphalt Shingles in Cool Roofs Integrated Production Analysis
13.3.1 Manufacturing Footprint Analysis
13.3.2 Production Technology Overview
13.3.3 Regional Cost Drivers
13.4 Asphalt Shingles in Cool Roofs Sales Channels and Distribution Networks
13.4.1 Sales Channels
13.4.2 Distributors
14 Asphalt Shingles in Cool Roofs Market Dynamics
14.1 Industry Trends and Evolution
14.2 Market Growth Drivers and Emerging Opportunities
14.3 Market Challenges, Risks, and Restraints
15 Key Findings in the Global Asphalt Shingles in Cool Roofs Study
16 Appendix
16.1 Research Methodology
16.1.1 Methodology/Research Approach
16.1.1.1 Research Programs/Design
16.1.1.2 Market Size Estimation
16.1.1.3 Market Breakdown and Data Triangulation
16.1.2 Data Source
16.1.2.1 Secondary Sources
16.1.2.2 Primary Sources
16.2 Author Details
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
CHAPTER OUTLINE
WHY THIS REPORT
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
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