South Korea Asphalt Shingles Market Forecast to 2026-2033

South Korea Asphalt Shingles Market

South Korea Asphalt Shingles Market By Product Type (Three-Tab Shingles, Architectural Shingles, Luxury Shingles, Impact-Resistant Shingles, Solar Shingles, Cool Roof Shingles, Fiberglass Shingles, Organic Shingles, Others); By Material (Fiberglass, Asphalt, Organic Felt, Polymer Modified Asphalt, Composite Materials, Recycled Materials, Others); By Application (Residential Roofing, Commercial Roofing, Renovation, New Construction, Industrial Buildings, Institutional Buildings, Others); By End User (Homeowners, Construction Companies, Roofing Contractors, Real Estate Developers, Government Organizations, Commercial Property Owners, Others); By Distribution Channel (Building Material Distributors, Direct Sales, Hardware Stores, Home Improvement Stores, Online Retail, Roofing Suppliers, Wholesalers, Others), By Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2026-2033.

Report ID : 8822 | Publisher ID : Transpire | Published : Aug 2026 | Pages : 185 | Format: PDF/EXCEL

South Korea Asphalt Shingles Market Summary

As per Transpire Insight Analysis the South Korea Asphalt Shingles Market size is estimated at USD 76.4 Million in 2025 and is anticipated to reach USD 93.5 Million by 2033, growing at a CAGR of 2.35% from 2026 to 2033.

South Korea uses asphalt shingles on many homes and smaller commercial sites. The shingles form a roof layer that turns back rain. Roof crews also use them to help cover work areas during bad weather. They handle strong winds and hot or cold seasons. This can speed up roof work for both new builds and tear offs.

Over the last few years, the market has leaned toward stronger roof systems. Newer building rules put more weight on wind safety. They also require better leak resistance and tighter roof seals. How materials are stored matters, along with how workers move them on site. Installers are now expected to follow set steps. It is not only about putting the shingles in place.

Supply chain stress has also played a role. Korean officials responded with steps for safer local sourcing. They also pushed tighter control of stock levels. At the same time, they opened more paths for buying outside goods. This is tie d to the Supply Chain Stabilization Act that began in June 2024. As a result, how shingle sellers run daily operations can change.

For shingle makers, the new rules favor stable output and steady product specs. Many contractors look for items that reduce install time. They also want products that meet the stated performance targets. With those points in mind, more jobs can choose asphalt shingles. This is common in remodel work and smaller projects. It can also smooth out material demand for suppliers.

South Korea Asphalt Shingles Market Size & Forecast:

  • South Korea Asphalt Shingles Market Size 2025: USD 76.4 Million
  • Expected Market Value 2033: USD 93.5 Million
  • Forecast CAGR: 2.35%
  • Key Profile: Owens Corning, GAF Energy, CertainTeed, IKO Industries, Atlas Roofing, Malarkey Roofing Products, TAMKO Building Products, Carlisle Companies, Johns Manville, Sika AG, Soprema Group, Hanwha Solutions, KCC Corporation, LG Hausys, LOTTE Engineering & Construction 

South Korea Asphalt Shingles Market Size

Key Market Insights

  • Asia Pacific made up roughly one fifth of global asphalt shingle sales in 2023. South Korea is riding that same rise.
  • From 2026 to 2030, South Korea is forecast to expand within the Asia Pacific market. Renovation work is a major reason. At the same time, roof products must meet tighter performance rules.
  • Architectural laminate shingles still take the lead. Still, brands that push performance are taking more floor and shelf space. Installers ask for steadier wind resistance and faster job setup.
  • Fiberglass shingles remain a big part of Korea’s market. Producers have been beefing up their reinforcements. They are also aiming for better shape control and stronger weather wear.
  • Shingles designed for higher performance are likely to grow the fastest through 2030. Support comes from Class 3 and Class 4 impact options.
  • Residential roofs still drive most of the demand. Even so, more replacement projects are showing up. Older homes need better waterproofing and upgrades to meet newer expectations.
  • By 2030, renovation and roof replacement should be the main growing segments. Many projects benefit from a lighter install, which can reduce downtime and keep work disruption lower.
  • In the end-use split, residential construction stays at the top. Contractors also lean toward systems that satisfy stated needs for wind-load strength and leak resistance.
  • For end users, retrofit and renovation firms are gaining more share. Replacement jobs increasingly pick shingle packages that are easy to install and follow the same setup each time.
  • In 2025, GAF added more to its roofing range. It launched Timberline Solar ES 2. The line is rated for 23% more power and it fits with more shingle styles.

What are the Key Drivers, Restraints, and Opportunities in the South Korea Asphalt Shingles Market?

Tighter rules matter most. Korea’s KCS 41 56 12 standard lays out what asphalt roof systems must pass for wind strength and water tightness. It also sets bounds on storage, heat exposure, and the way installers should treat the materials. So buyers tend to look at test proof and reports first, not only on low cost. Roof makers that can show strong wind results, reliable sealing, and easier installs usually get picked. Over time, that pressure often raises the price per roof system. It also makes higher end options more likely to be used.

Another issue sits in how the supply chain is arranged in a few key areas. Asphalt shingles rely on certain imported parts, items, and set distributor paths that are already common. If availability changes, it is not easy to find a like for like replacement fast. A Transpire Insight review of regional buying notes and shipment timing points to this same concentration as the top risk to meeting dates. It can delay when work starts. It can also lead contractors to swap in other products. That can slow take up and cut near term revenue by several points on affected jobs.

The best path is renovation that puts performance first. New measurement tools can help crews move quicker and still stay within the set limits. Larger format shingles, choices that resist impact, and paired system designs can reduce install time while still meeting the rules. GAF’s planned 2025 lineup and Atlas’s push toward larger formats show where the market is heading. If Korean distributors back these updates with stable local stock, they can win replacement contracts too. This is not only about new builds.

What Has the Impact of Artificial Intelligence Been on the South Korea Asphalt Shingles Market?

Roofing work is changing as more digital tools get used. Crews typically start with measurements. Then they track specs and plan inventory. They also keep job records. The main idea is better support for people, not fully automatic machines that install shingles by themselves.

On a job site, roof plans and roof sizes can be turned into a takeoff list. This cuts down on manual counting. It also reduces the guessing that can show up when orders are placed. Better inputs can lead to better buying accuracy. A product like GAF’s Takeoff tool is built for this. It can take roof data and turn it into measurements, material lists, and basic visuals. The goal is fast work time. It says it can do this in about two hours for single homes. For projects with more units, it says around 24 hours.

A similar plan can work with Korean distributors as well. The intent is to match job spec needs to the items that are already available. It should also reflect what is required for proper installation. The workflow is meant to connect those steps in a practical way.

Planning can be improved by using learning methods. Machine learning can review past orders and buying patterns. It can also account for seasonal timing, renovation schedules, and weather exposure. It can include what the distributor has on hand. With that, teams may be less likely to run out of stock. They may also avoid tying up money in extra items for too long. It can also support more reliable delivery date planning.

There is still a compliance part to this. AI aided checks can flag whether roofing assemblies fit the wind and water protection needs. It can also review whether the setup fits Korean standards used on site. One issue remains. The cost to set up and connect systems can be high. Smaller firms may not have clean project data. They might not have inventory systems that link well. 

Key Market Trends

  • From 2021 on, Korean roof rules have put more weight on wind strength and staying sealed. They also focus on how the roof handles storage needs and how it performs during setup. Because of this, having verified results matters more than before.
  • New work is being driven by renovation projects. Contractors want roof options that are light enough to swap out quickly. That helps them cut the time on site and limits disruption for the building owners.
  • Performance shingles picked up speed through 2025. IKO updated each of its three laminate lines so they meet at least Class 3 impact resistance.
  • Bigger sheet and panel styles are starting to show up more. Atlas HP42 is one reason. It is designed to lower the number of steps during installation and make material moving easier.
  • Digital tools for roof work sped up in 2025 too. GAF rolled out its Takeoff platform, which can automate roof measuring and create a material list.
  • Roof makers are changing how they stand apart. It is no longer only about how the roof looks. Many are now adding features like impact resistance, solar add-ons, stronger areas for fastening, and better weather performance.
  • Solar roof systems moved forward in 2025 when GAF released Timberline Solar ES 2. Each energy shingle is rated at 57 watts.
  • Sustainability is also leaning more on tech. GAF is promoting RoofCycle recycling, which takes used shingle material and sends it back into new shingle production instead of putting it in landfills.
  • Even the supply chain is now treated like a strategy. Roofing suppliers are adding more factory capacity. They also want more control over what products are available in each region.
  • In the market, competition is shifting toward full setups. Buyers are looking at integrated systems, warranty coverage, help from digital contractor tools, and faster installation. Shingle material alone is not the whole story anymore.

South Korea Asphalt Shingles Market Segmentation

By Product Type : 

Lately, more people have been paying attention to architectural shingles. Many builders point to a thicker look, stronger performance in wet weather, and better curb appeal. On a lot of homes, it is the mix of durability and appearance that stands out.Three-tab shingles are still around. They can fit jobs where the lowest material cost matters most. They also tend to keep the steps straightforward for the crew. Impact-resistant shingles show up more often too. Roofers talk more about long service life now. They also seem to focus on how well these roofs deal with rough storms.Luxury shingles are meant for higher-end builds. In these cases, the goal is a premium style and high performance. Cost still matters, but it is not the main driver.

Solar shingles combine roof coverage with power output. With this setup, energy production is built into the roof itself. Most standard roofs do not work that way.Cool roof shingles are picked for areas with hot seasons. The idea is to limit heat buildup on the roof surface. Compared with usual roof materials, they aim to stay cooler.Fiberglass shingles remain common. The fiberglass layer helps the shingle hold its shape as time goes on. They also stay practical for installers. Organic shingles are seen less often now. Some buyers choose fiberglass instead. They often say fiberglass lasts better and is easier to source and use.

By Material : 

Fiberglass roofing is common. It lets a roof take weight more safely. It also helps keep the frame from shifting. It holds up against normal roof aging.Asphalt does the key work of blocking water. It also makes it simpler to build many roof styles. You can apply it to houses and to other types of buildings. Polymer Modified Asphalt is gaining attention. The polymer makes the surface flex without easy cracking. It usually stays stable in hot and cold weather. That often means longer service life.

Organic felt is still around. Still, many jobs use it less than before. Some crews like fiberglass systems more. They believe fiberglass stays strong over time. Composite roofing blends materials together. The intent is to raise overall strength. It can also change the final look of the roof deck.More makers are using recycled inputs. They try to use materials in a tighter way. They also want to reduce waste during production.Picking a roofing material comes down to the roof task. The install location matters. The expected life span matters too. Local weather plays a role. Budget is part of the call. Needed performance levels narrow the choices.

By Application :

Roofing for homes is still very popular. Asphalt shingles are often picked first. They are not hard to install. They hold up in wet weather and harsh sun. You can also choose from many styles. When a house gets a face lift, roof work often comes after. Some jobs only fix the worn areas. Other jobs mean full replacement.New builds also keep demand steady. Builders and small crews like options that do not cost too much. Asphalt shingle systems can work well for that. They fit many project needs.

Some smaller commercial projects use shingles too. In those cases, the look can match the plan. It can also match what the owner wants. Industrial areas and public sites use roofing in many ways. Lighter roof systems can make upkeep easier. A solid outer surface helps with protection from weather. Renovations bring more roofing calls. Many owners replace roofs that are getting old. They want the next roof to last longer. Roof form and how it is laid out matter. Local rain and wind affect the choice. How the building is used also counts. Price for the install matters, and so does how the roof performs over time.

By End User : 

Homeowners matter as buyers. A new roof helps keep a home protected. It also affects how the place looks. It supports upkeep too. Roofing contractors steer what gets chosen. Their know-how during install matters. They also plan around job needs and timelines. They may have certain materials on hand. They often work with specific suppliers. Construction firms and real estate developers look at costs first. They also care about how fast the work can be done. Roofs must perform well. They must fit the project calendar.

Commercial building owners tend to weigh different items. They ask about how much upkeep a roof will take. They look at how long it should last. They check day to day costs. They want solid protection for the building. Government groups can help keep orders steady. They do this through public build work. They also fund repairs and upgrades. These jobs often need proof of how materials perform. Buyers are choosing products that are easier to get. They want clear install steps. They expect real warranty support. They also want weather tolerance that fits local conditions. People at the end of the chain will keep shifting choices. They will pick roofs that cost less but still last. They will also care about the look. And they want installs that go smoothly.

By Distribution Channel : 

Material distributors and roofing suppliers still matter. Contractors count on them for basic stock, helpful product guidance, and delivery that keeps schedules on track.Direct sales help with larger projects. Business customers often ask for set amounts, direct support from the seller, and price terms made clear up front.Wholesalers also matter. They bring more options and connect manufacturers with smaller crews. In many places, they also supply local building supply shops.

Hardware stores and home improvement stores fit smaller tasks. People go there for home repairs, quick fixes, and replacement parts and materials.Online stores are gaining ground. Buying online makes it simple to read details, review specs, and compare prices without leaving home.Many firms plan around inventory that stays available. They also try to move orders faster because timelines are tighter. Businesses with strong local ties and easy ordering online can benefit as the buying process gets more organized.

South Korea Asphalt Shingles Market Product Type

What are the Key Use Cases Driving the South Korea Asphalt Shingles Market?

Shingles are most often bought for roofs on homes. Owners and roof teams use them when they are building new houses. They also use them when an older roof needs to be replaced. Many people choose shingles because the price fits what most home budgets allow. They also help keep out wind and rain. Shingles come in multiple looks, so it is easier to match the rest of the house. The work usually fits the normal pace of a build job.

Roof replacement demand is rising as well. A lot of older homes are now at the stage where the roof should be redone. Because of that, homeowners and property teams start scheduling new roofing sooner. Shingles are also used in some business projects. You see this most on small sites with only one or a few floors. Teams often pick them because the install steps are straightforward. They also tend to need less day to day care. That can make it easier to keep project expenses in line.

Solar focused roofing is getting more attention lately. More homes and sites want energy upgrades, so some roofs are planned with that in mind. Some systems also aim to reduce heat at the roof surface. Those are sometimes called cool roof options. The goal is to limit heat build up. This can matter for schools, office buildings, and other commercial properties as the next few years come.

Report Metrics

Details

Market size value in 2025

USD 76.4 Million

Market size value in 2026

USD 78.8 Million

Revenue forecast in 2033

USD 93.5 Million

Growth rate

CAGR of 2.35% from 2026 to 2033

Base year

2025

Historical data

2021 - 2024

Forecast period

2026 - 2033

Report coverage

Revenue forecast, competitive landscape, growth factors, and trends

Country scope

South Korea

Key company profiled

Owens Corning, GAF Energy, CertainTeed, IKO Industries, Atlas Roofing, Malarkey Roofing Products, TAMKO Building Products, Carlisle Companies, Johns Manville, Sika AG, Soprema Group, Hanwha Solutions, KCC Corporation, LG Hausys, LOTTE Engineering & Construction .

Customization scope

Free report customization (country, regional & segment scope). Avail customized purchase options to meet your exact research needs.

Report Segmentation

By Product Type (Three-Tab Shingles, Architectural Shingles, Luxury Shingles, Impact-Resistant Shingles, Solar Shingles, Cool Roof Shingles, Fiberglass Shingles, Organic Shingles, Others); By Material (Fiberglass, Asphalt, Organic Felt, Polymer Modified Asphalt, Composite Materials, Recycled Materials, Others); By Application (Residential Roofing, Commercial Roofing, Renovation, New Construction, Industrial Buildings, Institutional Buildings, Others); By End User (Homeowners, Construction Companies, Roofing Contractors, Real Estate Developers, Government Organizations, Commercial Property Owners, Others); By Distribution Channel (Building Material Distributors, Direct Sales, Hardware Stores, Home Improvement Stores, Online Retail, Roofing Suppliers, Wholesalers, Others)

Which Regions are Driving the South Korea Asphalt Shingles Market Growth?

The Seoul Capital Area is still in front. Estimates say it grabs roughly half of the roofing-material demand across the broader region. Most of that demand comes from ongoing home construction. Public plans also center on Seoul, Incheon, and Gyeonggi. These efforts point to a steady pace. By 2030, planned housing starts are set to reach about 1.35 million. Owens Corning is working in Chungcheongnam-do as well, with a local operating base. At the same time, outside brands are already getting into the market. Import and delivery routes connect global shingle makers with local roof contractors. With big builds, redevelopment jobs, and strong buying by builders, the Seoul Capital Area should hold its edge until 2033.

The Hoseo area looks different in how it brings in revenue. It leans more on factories and industry. As industrial activity rises, construction demand tends to stay more even. Nearby logistics also matter here, since it helps movement of goods. Because of this, Hoseo is not as tied to swings in homebuilding around Seoul. Chungcheongnam-do also hosts an Owens Corning Asia Pacific location. That supports easier access to fiberglass shingle products and helps with regional supply. Public housing work continues in Chungnam and Chungbuk too. So the pipeline there is not only driven by the capital zone. Ongoing industrial spending and solid transport links help keep orders steady across housing, offices, and public facilities.

Yeongnam covers Busan and nearby areas in the southeast. Right now the region is moving fast. Money is flowing in and factory work is picking up.In 2025, Busan agreed on deals worth KRW 759.3 billion. Most of it points to work in and around advanced industrial zones. There is also Eco Delta City in the mix. The goal is to create about 2,226 new jobs.In 2025, changes to lending rules also affected housing in Busan and South Gyeongsang. With more people wanting homes, new construction picked up again.From 2026 to 2033, buyers and investors may find a more stable opening to sell items linked to industrial expansion. City projects can matter too. Local housing trends may support that. Roofing demand could climb as well. That may include higher end roof options.

Who are the Key Players in the South Korea Asphalt Shingles Market and How Do They Compete?

Competition still centers mostly on the global side of manufacturing. Still, the Korean distribution layer can make a big difference. Many buyers compare prices, but they also watch for practical fit. They care about installation help, how quickly items can be shipped, and whether the distributor has solid links in the area.Owens Corning has operations based in Korea. That gives it a clear presence in the region. Years back, Korean importers also stocked Owens Corning along with CertainTeed and Tegola. GAF tends to sell through tech features. Timberline Solar ES 2 is one product. It combines asphalt roofing with solar power. The aim is to look different from basic shingle lines. IKO leans on impact strength. It also provides more laminate options. The company said it plans to bring Class 3 impact resistance across three laminate lines in 2025.

Owens Corning also talks up fiberglass made into the build. It mentions renovation type products too, such as Oakridge Pro 30 Super. It ties that message back to its Korea operations.CertainTeed goes after premium roofing systems. It also highlights specs that contractors want. Atlas Roofing, on the other hand, stands out with larger format shingle technology. The point is to shorten setup time and lower the amount of product moving on site.Looking ahead, the advantage should shift toward how well products perform. Technical support, local stock, and roofing options that match specific needs will likely matter more. Price will not disappear, but it will play a smaller role.

Company List

Recent Development News

  • In February 2025, GAF launched the Timberline Solar ES 2 solar shingle, combining 57-watt solar performance with compatibility across GAF Timberline asphalt shingles, strengthening integrated roofing solutions. Source https://www.gaf.com/
  • In February 2025, Owens Corning announced investment in a new southeastern U.S. shingle plant, adding capacity for high-performance laminate shingles and advanced automation, supporting broader supply availability. Source https://investor.owenscorning.com/

What Strategic Insights Define the Future of the South Korea Asphalt Shingles Market?

Over the next 5 to 7 years, roof demand may shift toward higher quality results and more maintenance jobs. People buying roofs often pay closer attention to code compliance, long service life, and quicker installation. The lowest material cost matters, but it is not the main factor. In South Korea, roof work as a whole should keep rising through the forecast window. How much shingle revenue grows will track what actually happens with new builds and remodeling.

There is also a clear downside risk. Some owners may choose other roof types instead of shingles. Metal, tile, and newer waterproofing products can attract buyers, mainly when they want a long life or extra energy savings. Costs can add another layer of pressure too. If asphalt and reinforcement prices jump, contractor margins may shrink. This can happen even when the number of projects does not fall.

Retrofit waterproofing for sloped roofs looks like a new path as well. In 2025, a Korean construction technology was recognized for fixing existing asphalt-shingle and metal-tile roofs without full removal. Firms should try to work closely with local roofing teams and nearby supply partners. They may want to begin in and around Seoul and other heavy renovation zones. It also makes sense to carry repair products that are verified and linked to better field performance.

South Korea Asphalt Shingles Market Report Segmentation

By Product Type

  • Three-Tab Shingles
  • Architectural Shingles
  • Luxury Shingles
  • Impact-Resistant Shingles
  • Solar Shingles
  • Cool Roof Shingles
  • Fiberglass Shingles
  • Organic Shingles

By Material

  • Fiberglass
  • Asphalt
  • Organic Felt
  • Polymer Modified Asphalt
  • Composite Materials
  • Recycled Materials

By Application

  • Residential Roofing
  • Commercial Roofing
  • Renovation
  • New Construction
  • Industrial Buildings
  • Institutional Buildings

By End User

  • Homeowners
  • Construction Companies
  • Roofing Contractors
  • Real Estate Developers
  • Government Organizations
  • Commercial Property Owners

By Distribution Channel

  • Building Material Distributors
  • Direct Sales
  • Hardware Stores
  • Home Improvement Stores
  • Online Retail
  • Roofing Suppliers
  • Wholesalers

Frequently Asked Questions

Find quick answers to common questions.

  • Owens Corning
  • GAF Energy
  • CertainTeed
  • IKO Industries
  • Atlas Roofing
  • Malarkey Roofing Products
  • TAMKO Building Products
  • Carlisle Companies
  • Johns Manville
  • Sika AG
  • Soprema Group
  • Hanwha Solutions
  • KCC Corporation
  • LG Hausys
  • LOTTE Engineering & Construction

About the Authors

Kartik bhong  -Author TI

Kartik bhong

I am Kartik Bhong, a Senior Research Analyst at Transpire Insight, specializing in the Packaging, Manufacturing, and Construction industry. My work focuses on analyzing market trends, emerging technologies, industry regulations, and competitive landscapes to deliver accurate, data-driven insights. I am passionate about transforming complex industry information into clear, practical content that helps businesses, professionals, and decision-makers stay informed and make confident strategic decisions. Through continuous research and a strong commitment to accuracy, I strive to create reliable, well-researched content that reflects the latest developments across these dynamic industries and supports the vision of Transpire Insight in delivering valuable market intelligence.

Chakradhar Khansole -Author TI

Chakradhar Khansole

Chakradhar serves as the Research Director at Transpire Insight, bringing over 8 years of experience in technology, innovation, and strategic market intelligence. He specializes in transforming complex market data into actionable business insights that enable organizations to make informed, growth-oriented decisions. Recognized for his strategic vision and analytical expertise, Chakradhar leads high-impact research initiatives, delivering comprehensive market assessments, competitive intelligence, and forward-looking industry analysis.

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