South Korea Roofing Materials Market Size, Share, and COVID-19 Impact Analysis, By product (Asphalt Shingles, Concrete and Clay Tiles, Metal Roofs, Plastics, and Others), By Construction Type (New Construction, Reroofing), and South Korea Roofing Materials Market Insights, Industry Trend, Forecasts to 2035

South Korea Roofing Materials Market Insights Forecasts to 2035

• The South Korea Roofing Materials Market Size was estimated at USD 2.6 Billion in 2024
• The Market Size is Expected to Grow at a CAGR of around 3.75% from 2025 to 2035
• The South Korea Roofing Materials Market Size is Expected to Reach USD 3.9 Billion by 2035

According to a research report published by Spherical Insights & Consulting, the South Korea Roofing Materials Market Size is Anticipated to reach USD 3.9 Billion by 2035, Growing at a CAGR of 3.75% from 2025 to 2035. The market is being driven by the fast urbanization and population growth, which raise construction activity and the need for roofing materials in both the residential and commercial sectors.

Market Overview

The South Korea roofing materials market encompasses the manufacturing, distribution, and consumption of different materials used in the building and remodeling of roofs in the residential, commercial, and industrial sectors are all included in the South Korean roofing materials market. A wide variety of goods are available in this market, including metal roofing, concrete and clay tiles, asphalt shingles, plastic-based materials, and other specialty roofing solutions. In addition, technological developments have produced novel materials with improved strength, energy efficiency, and visual appeal, which has further impacted market dynamics. Furthermore, the market's upward trajectory has been aided by government initiatives that encourage the use of advanced roofing materials and the integration of renewable energy sources. In conclusion, the South Korean roofing materials market is thriving during the forecast period due to a combination of factors such as climate considerations, goals for sustainability, economic recovery, technological advancements, and supportive policies.

Report Coverage

This research report categorizes the market for the South Korea roofing materials market based on various segments and regions and forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the South Korea roofing materials market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the South Korea roofing materials market.

Driving Factors

The market for roofing materials in South Korea is expanding rapidly, mostly due to the region's growing focus on environmentally friendly building methods. As a consequence, the growing need for environmentally friendly roofing options has accelerated the use of solar-reflective and cool roof materials. Furthermore, the significance of resilient roofing materials has been highlighted by the increasing frequency and severity of extreme weather events linked to climate change. Furthermore, the demand for a range of roofing materials has increased due to the construction industry's recovery from the economic downturn, which has fueled a surge in new building projects.

Restraining Factors

Alternative roofing materials that might provide better performance characteristics or cost advantages are a threat to the market. The market share of conventional roofing materials may be reduced by this competition, which may also put pressure on producers to lower prices and innovate.

Market Segmentation

The South Korea roofing materials market share is classified into product and construction type.

• The metal roofs segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea roofing materials market is segmented by product into asphalt shingles, concrete and clay tiles, metal roofs, plastics, and others. Among these, the metal roofs segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. their resilience to harsh weather, longevity, and energy efficiency. Due to the growing need for durable and sustainable materials, metal roofing is being used extensively in both residential and commercial construction.

• The reroofing segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea roofing materials market is segmented by construction type into new construction and reroofing. Among these, the reroofing segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. The main cause of this is the growing need for old building renovations as businesses and homeowners look to maintain and repair their properties. Reroofing is a common option for building owners wishing to prolong the life of their structures because it is frequently a more affordable option than replacing the entire roofing system.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the South Korea roofing materials market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• MB Tech Inc.
• roVa Corporation
• KL Construction Co. LTD
• Others

Recent Developments:

• In April 2025, QXO, Inc. (NYSE: QXO) completed its previously announced acquisition of Beacon Roofing Supply, Inc. at $124.35 per share, increasing the total transaction value to $11 billion. As a result of this deal, QXO became the largest publicly traded distributor of roofing, waterproofing, and related building materials in the United States

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at South Korea, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the South Korea Roofing Materials Market based on the below-mentioned segments:

South Korea Roofing Materials Market, By Product

• Asphalt Shingles
• Concrete and Clay Tiles
• Metal Roofs
• Plastics
• Others

South Korea Roofing Materials Market, By Construction Type

• New Construction
• Reroofing