The revenue of commercial roofing materials market around the globe was about US$7.555billion in 2015, and is anticipated to reach US$ 10.3873billion until 2024, registering CAGR of 3.6% from 2016 to 2024, as per the Transparency Market Research. It is projected that the growth in the construction industry and the increasing pace of urbanization will promote the commercial roofing materials market in the forecast period of 2016-2024. Another major force that is driving the demand for commercial roofing materials over the forecast period is the rising number of re-roofing activities. According to building type, the commercial roofing materials market is segmented into low sloped roofing and steep sloped roofing. In terms of both revenue and volume, low sloped roofing held the leading market share by building type in 2015 and is expected to remain dominant in the market share from 2016 to 2024. According to materials type, the commercial roofing materials market is categorized as single ply products, modified bitumen materials, spray polyurethane foam (SPF), built-up roofing (BUR), metals and others. Other materials segment includes green roofing, building-integrated photovoltaics, reflective roofs, vegetative roofs, concrete tile, garden roofing, slate, solar and wood shakes among others. On the basis of revenue, the modified bitumen materials type segment took the lead in market share in the commercial roofing materials market around the globe and occupied about one third of the market in 2015. It is anticipated that this segment will remain dominant in the market share worldwide over the forecast period. On the basis of volume, single ply products segment occupied the maximum market share in 2015 and is expected to continue holding its leading position from 2016 to 2024. On the basis of geography, North America held the leading position in the global commercial roofing materials in 2015 and is expected to retain its position over the forecast period. The increasing number of re-roofing activities is one of the major factors that are driving the demand for the commercial roofing materials market in this region. The United States is the most attractive market in North America. Manufacturers worldwide have focused on strategic partnerships and acquisitions of other firms to expand their product range of different types of commercial roofing materials. This has already resulted in increased demand for roofing materials and is projected to propel the market over the forecast period. However, due to strengthening economic conditions and growing construction industry in developing countries in Asia Pacific such as China, Japan, India, and ASEAN, Asia Pacific is expected to be the most attractive market for commercial roofing materials. China is the most attractive market in Asia-Pacific because of the growth in the construction industry. In these countries, the demand for commercial roofing materials is projected to continue increasing in the future. At present, no companies occupy remarkably higher market share compared with others, despite the fact that several brands have presented the market with differentiated products. The major players in this market include IKO Industries Ltd., CertainTeed Corporation, GAF, TAMKO Building Products, Inc., Firestone Building Products Company, Owens Corning Corporation, and Johns Manville Corporation, etc. The market is expected to grow steadily over the next few years.