2025 Asphalt Shingle & Coating Materials Manufacturing Industry Report

Industry Overview

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.
Source: US Census Bureau

Market Size and Industry Forecast

The Asphalt Shingle and Coating Materials Manufacturing industry report contains historical and forecasted statistics used by leading private equity firms and consultants. Market sizes from 2020 to 2030 reflect industry trends and growth patterns. Revenues include both public and private companies in the Asphalt Shingle & Coating Materials Manufacturing industry.

	Historical					Forecasted
	2020	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030
Market Size (Total Revenue)
% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company

Source: U.S. government financial data



Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.

Geographic Breakdown by U.S. State

Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Asphalt Shingle & Coating Materials Manufacturing companies in the United States.

Distribution by Company Size

Company Size	All Industries	Asphalt Shingle & Coating Materials Manufacturing
Small Business (< 5 Employees)
Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Asphalt Shingle & Coating Materials Manufacturing Industry Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:

• Cost of goods sold
• Compensation of officers
• Salaries and wages
• Employee benefit programs
• Rent paid
• Advertising and marketing budgets

The report includes a traditional income statement from an "average" company (both public and private companies included).

	Industry Average	Percent of Sales
Total Revenue
Operating Revenue
Cost of Goods Sold (COGS)
Gross Profit
Operating Expenses
Operating Income
Non-Operating Income
Earnings Before Interest and Taxes (EBIT)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit

Financial Ratio Analysis

Financial ratios allow a company's performance to be compared against that of its peers.

Financial Ratio	Industry Average
Profitability Ratios
Profit Margin
ROE
ROA
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Asphalt Shingle & Coating Materials Manufacturing Industry Product Mix

Product Description	Description	Revenue ($ Millions)
Asphalt shingle and coating materials mfg.
Roofing asphalts and pitches, coatings, and cements
Roofing asphalt
Fibrated and nonfibrated asphaltic roofing coatings
Fibrated asphaltic roofing coatings
Nonfibrated asphaltic roofing coatings
Other roofing asphalts and pitches, coatings, and cements
Asphaltic roofing cements
Roofing asphalts and pitches, coatings, and cements, nsk
Prepared asphalt and tar roofing and siding products

Asphalt Shingle & Coating Materials Manufacturing Industry Compensation and Salary Surveys

Title	Percent of Workforce	Bottom Quartile	Average (Median) Salary	Upper Quartile
Management Occupations	6%
Chief Executives	0%
General and Operations Managers	2%
Architecture and Engineering Occupations	10%
Engineers	9%
Office and Administrative Support Occupations	7%
Construction and Extraction Occupations	8%
Construction Trades Workers	6%
Installation, Maintenance, and Repair Occupations	9%
Other Installation, Maintenance, and Repair Occupations	7%
Production Occupations	41%
Supervisors of Production Workers	6%
First-Line Supervisors of Production and Operating Workers	6%
First-Line Supervisors of Production and Operating Workers	6%
Plant and System Operators	20%
Miscellaneous Plant and System Operators	20%
Petroleum Pump System Operators, Refinery Operators, and Gaugers	18%
Other Production Occupations	11%
Transportation and Material Moving Occupations	7%

Government Contracts

The federal government spent an annual total of $1,378,865 on the asphalt shingle & coating materials manufacturing industry. It has awarded 29 contracts to 15 companies, with an average value of $91,924 per company.

Top Companies in Asphalt Shingle & Coating Materials Manufacturing and Adjacent Industries

Company	Address	Revenue ($ Millions)