NAICS 324122 - Asphalt Shingle and Coating Materials Manufacturing
This U.S. industry comprises establishments primarily engaged in (1) saturating purchased mats and felts with asphalt or tar from purchased asphaltic materials and (2) manufacturing asphalt and tar and roofing cements and coatings from purchased asphaltic materials.
Industry trends:
The Asphalt Shingle and Coating Materials Manufacturing industry (NAICS 324122) is experiencing several qualitative trends driven by innovation, sustainability, and market demand. A significant trend is the increasing focus on sustainable and eco-friendly products. Manufacturers are investing in recycling technologies and incorporating more recycled materials into their products to reduce their environmental impact. This trend is expected to continue as both regulatory pressures and consumer preferences tilt towards greener solutions.
Another notable trend is the growing adoption of advanced manufacturing technologies. Automation and AI-driven quality control are optimizing production processes, leading to improved efficiency, reduced costs, and higher product quality. The rise of smart manufacturing is also enabling real-time monitoring and predictive maintenance, minimizing downtime and production errors.
Market demand for high-performance roofing materials is driving innovation in durability and weather resistance. Products that offer better longevity, energy efficiency, and resistance to extreme weather conditions are gaining traction. This focus on performance is anticipated to persist, supported by a growing awareness of climate change and its impacts on building materials.
Economic factors such as housing market trends and infrastructure development play a crucial role in shaping the industry's future. In the near term, the industry is likely to see moderate growth as residential and commercial construction activities continue to recover post-pandemic. However, supply chain disruptions and raw material price volatility remain challenges that the industry must navigate.
This industry is comprised of:
Asphalt roofing cements made from purchased asphaltic materials
Asphalt roofing coatings made from purchased asphaltic materials
Asphalt saturated boards made from purchased asphaltic materials
Asphalt saturated mats and felts made from purchased asphaltic materials and paper
Asphalt shingles made from purchased asphaltic materials
Boards, asphalt saturated, made from purchased asphaltic materials
Cements, asphalt roofing, made from purchased asphaltic materials
Coating compounds, tar, made from purchased asphaltic materials
Pitch, roofing, made from purchased asphaltic materials
Roofing cements, asphalt, made from purchased asphaltic materials
Roofing coatings made from purchased asphaltic materials
Roofing felts made from purchased asphaltic materials
Saturated felts made from purchased paper
Sheathing, asphalt saturated, made from refined petroleum
Shingles made from purchased asphaltic materials
Siding made from purchased asphaltic materials
Tar paper made from purchased asphaltic materials and paper
Tar paper, building and roofing, made from purchased paper
Tar roofing cements and coatings made from purchased asphaltic materials
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- Net Sales
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