Canada Asphalt Shingles Market Driven by Rising Residential Construction Activities and Renovation Projects

Asphalt shingles are popular roofing materials composed of a fiberglass or organic mat base, coated with asphalt and mineral granules. These shingles offer excellent weather resistance, durability, and aesthetic appeal while being cost-effective compared to other roofing alternatives. They provide superior protection against harsh weather conditions, UV rays, and moisture, making them ideal for Canadian climate conditions. The product's ease of installation, low maintenance requirements, and wide variety of colors and styles have made them a preferred choice in residential and commercial construction.
Canada Asphalt Shingles Market also contribute to energy efficiency by providing proper insulation and reducing heating and cooling costs. Their recyclability and environmental sustainability features align with growing eco-conscious construction practices.
According to CoherentMI The Canada asphalt shingles market size is expected to reach US$ 1.55 Bn by 2032, from US$ 1.29 Bn in 2025, at a CAGR of 2.6% during the forecast period.
Key Takeaways:
Key players operating in the Canada Asphalt Shingles Market are GAF Materials Corporation, CertainTeed Corporation, Owens Corning, IKO Industries Ltd., TAMKO Building Products LLC, and BP Canada. These companies focus on product innovation, sustainable manufacturing practices, and strategic partnerships to maintain their market position and meet evolving customer demands.
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