남미의 지붕재 시장 : 시장 점유율 분석, 업계 동향 및 통계, 성장 예측(2026-2031년)

According to Mordor Intelligence, the south america roofing market size is projected to be USD 7.70 billion in 2025, USD 8.08 billion in 2026, and reach USD 10.44 billion by 2031, growing at a CAGR of 5.26% from 2026 to 2031.

This report is Segmented by Material Type (Asphalt Shingles, Clay & Concrete Tiles, Metal Roofing, Bituminous / Modified Bitumen Membranes, and More), Construction Type (New Construction, Reroofing and Replacement), Application (Residential, Commercial, and More), & Geography (Brazil, Argentina, Colombia, Chile, Peru, and Rest of South America). The Market Forecasts are Provided in Terms of Value (USD).

South America Roofing Market Trends and Insights

Subsidized Housing Pipelines and Housing Backlog

Brazil's Minha Casa Minha Vida program selected 130,000 new housing units in May 2025 for families with a monthly gross income below BRL 2,850 (USD 502). The same announcement set per-unit subsidy ceilings at BRL 140,000 (USD 24,659.6) to BRL 180,500 (USD 31,793.3). This structure keeps a demand corridor open for the South America roofing market because a large share of roofing demand in subsidized housing is not tied to standard mortgage availability. Comparable affordable housing channels in Colombia and Peru create a broader regional base for entry-level residential roofing demand within the South America roofing market. The mix in this channel is also shifting, with tighter unit sizes and cost ceilings favoring fiber-cement and flat concrete systems over traditional ceramic clay tiles. Manufacturers that already expanded capacity for this tier are in a stronger position, and Eternit's BRL 187 million (USD 32.9 million) Caucaia plant completed its first full year of nominal-capacity operation in 2024, reinforcing that supply-side advantage.

Replacement-Led Demand from Aging Tile-Heavy Roof Stock

A large share of South America's residential buildings were erected before 2000, when roofing durability and thermal performance were not consistently addressed as they are today. As clay and ceramic roofs installed during the 1980-2000 building cycle age past 30 years, replacement demand is becoming more systematic across Brazil, Argentina, and Colombia. This matters for the South America roofing market because homeowners replacing old roofs are increasingly choosing fiber cement, coated metal, or lightweight concrete instead of direct ceramic replacements. That trade-up pattern is already visible in Brazil, where Eternit's Q1 2025 fiber-cement roofing panel sales rose 15.1% year on year to 167,600 tonnes, with gains linked in part to North and Northeast Brazil, where older roofs are being replaced. The replacement cycle also expands the revenue pool for the South America roofing market because reroofing projects often include underlayments, ridge capping, and improved fastening systems rather than only the visible roof covering.

High Interest Rates Limiting Private Construction Starts

Brazil's Selic rate stood at 15% in early 2026, which was the highest level since 2006 and a clear constraint on private construction activity. The supplied draft noted that new construction starts declined 6.2% through mid-2025, with weakness seen across all Brazilian regions, which explains why mid-income private projects remain under pressure. Developers are also dealing with financing costs at Selic plus 3% to 3.5% and with household purchasing power that has not kept pace with construction cost inflation. In the South American roofing market, that means slower order conversion in private housing and longer project timelines for developers targeting middle-income buyers. Even so, the Central Bank's Focus survey in March 2026 pointed to a year-end Selic rate of 12.13%, suggesting some easing risk if rate cuts materialize later in the period.

Other drivers and restraints analyzed in the detailed report include:

1. Metal and Insulated Roofing Adoption in Industrial Buildings
2. Tightening Roof Thermal Efficiency Standards
3. Input-Cost Volatility in Steel, Membranes, and Asphaltic Products

For complete list of drivers and restraints, kindly check the Table Of Contents.

Segment Analysis

Clay & concrete tiles held a 34.2% value share in 2025, making them the largest material group in the South American roofing market. Their leading position remains strongest in Brazil, Argentina, and Colombia, where ceramic roofing continues to align with local building practices and entry-level residential budgets. Metal roofing is the fastest-growing material segment with a 6.4% CAGR through 2026-2031, and that rate is closely tied to logistics warehouses, cold storage, mining-support assets, and agro-industrial buildings. The South America roofing market size for clay & concrete tiles remained anchored by mass-market residential demand. At the same time, the growth premium shifted toward coated and insulated metal systems in non-residential projects. Thermal regulations in Chile and Colombia are reinforcing this move, as industrial and institutional buyers now need better-documented roof performance from the outset of project design.

Fiber cement remains the main affordable residential roofing alternative in the South America roofing market, with Brazil representing one of the largest and most established fiber-cement roofing markets in the region. As one of the leading manufacturers, Eternit reported full-year fiber-cement sales volume of 633,242 tonnes in 2024, highlighting the significant scale and depth of the segment in Brazil. Bituminous and modified bitumen membranes continue to dominate many flat commercial roofs, while single-ply systems, especially Thermoplastic Polyolefin (TPO), are gaining adoption in newer projects that prioritize solar reflectivity and seam reliability. Ethylene Propylene Diene Monomer (EPDM) remains relevant in premium commercial applications, while Polyvinyl Chloride (PVC) continues to be important in environments where chemical resistance is required. Asphalt shingles and wood roofing keep smaller positions in the South America roofing market, with shingles tied to urban renovation niches and wood limited by fire-risk concerns in broader adoption.

Complete Report Scope:

• By Material Type
  • Asphalt Shingles
  • Clay & Concrete Tiles
  • Metal Roofing
  • Bituminous / Modified Bitumen Membranes
  • Single-Ply Membranes
  • Wood
  • Others
• By Construction Type
  • New Construction
  • Reroofing and Replacement
• By Application
  • Residential
  • Commercial
  • Industrial
  • Institutional
  • Others
• By Geography
  • Brazil
  • Argentina
  • Colombia
  • Chile
  • Peru
  • Rest of South America

List of Companies Covered in this Report:

1. Eternit
2. Saint-Gobain Brasilit
3. Imbralit
4. Etex
5. Kingspan
6. Ternium
7. Cintac
8. Tupemesa
9. Ajover
10. Sika
11. Viapol
12. Danica
13. Multilit
14. Aceros Arequipa
15. Acesco Ecuador
16. Onduline
17. Hunter Douglas Architectural
18. Rooftec Telhas Metalicas
19. Thermo-Iso
20. Brastetto

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

TABLE OF CONTENTS

1 Introduction

• 1.1 Study Assumptions & Market Definition
• 1.2 Scope of the Study

2 Research Methodology

3 Executive Summary

4 Market Landscape

• 4.1 Market Overview
• 4.2 Market Drivers
  • 4.2.1 Subsidized Housing Pipelines and Housing Backlog
  • 4.2.2 Replacement Demand from Aging Tile-Heavy Roof Stock
  • 4.2.3 Metal and Insulated Roofing Adoption in Industrial Buildings
  • 4.2.4 Tightening Roof Thermal Efficiency Standards
  • 4.2.5 Climate-Resilience Reroofing After Extreme Weather Events
  • 4.2.6 Cool-Roof Retrofit Economics in Hot-Climate Cities
• 4.3 Market Restraints
  • 4.3.1 High Interest Rates Limiting Private Construction Starts
  • 4.3.2 Input-Cost Volatility in Steel, Membranes, and Asphaltic Products
  • 4.3.3 Installer Capability Gaps for Advanced Roofing Systems
  • 4.3.4 Informal Self-Build Channel Slows Premium-System Adoption
• 4.4 Value / Supply-Chain Analysis
• 4.5 Regulatory Landscape
• 4.6 Technological Outlook
• 4.7 Cost Structure Analysis
• 4.8 Trend and Impacts of Roofing Replacements
• 4.9 Porter's Five Forces
  • 4.9.1 Threat of New Entrants
  • 4.9.2 Bargaining Power of Suppliers
  • 4.9.3 Bargaining Power of Buyers
  • 4.9.4 Threat of Substitutes
  • 4.9.5 Intensity of Competitive Rivalry

5 Market Size & Growth Forecasts (Value)

• 5.1 By Material Type
  • 5.1.1 Asphalt Shingles
  • 5.1.2 Clay & Concrete Tiles
  • 5.1.3 Metal Roofing
  • 5.1.4 Bituminous / Modified Bitumen Membranes
  • 5.1.5 Single-Ply Membranes
  • 5.1.6 Wood
  • 5.1.7 Others
• 5.2 By Construction Type
  • 5.2.1 New Construction
  • 5.2.2 Reroofing and Replacement
• 5.3 By Application
  • 5.3.1 Residential
  • 5.3.2 Commercial
  • 5.3.3 Industrial
  • 5.3.4 Institutional
  • 5.3.5 Others
• 5.4 By Geography
  • 5.4.1 Brazil
  • 5.4.2 Argentina
  • 5.4.3 Colombia
  • 5.4.4 Chile
  • 5.4.5 Peru
  • 5.4.6 Rest of South America

6 Competitive Landscape

• 6.1 Market Concentration
• 6.2 Strategic Moves
• 6.3 Market Share Analysis
• 6.4 Company Profiles (Includes Global level Overview, Market Level Overview, Core Segments, Financials as Available, Strategic Information, Products & Services, and Recent Developments)
  • 6.4.1 Eternit
  • 6.4.2 Saint-Gobain Brasilit
  • 6.4.3 Imbralit
  • 6.4.4 Etex
  • 6.4.5 Kingspan
  • 6.4.6 Ternium
  • 6.4.7 Cintac
  • 6.4.8 Tupemesa
  • 6.4.9 Ajover
  • 6.4.10 Sika
  • 6.4.11 Viapol
  • 6.4.12 Danica
  • 6.4.13 Multilit
  • 6.4.14 Aceros Arequipa
  • 6.4.15 Acesco Ecuador
  • 6.4.16 Onduline
  • 6.4.17 Hunter Douglas Architectural
  • 6.4.18 Rooftec Telhas Metalicas
  • 6.4.19 Thermo-Iso
  • 6.4.20 Brastetto

7 Market Opportunities & Future Outlook

• 7.1 White-Space & Unmet-Need Assessment