Recycled Shingle Roofing Manufacturing Plant Project Report

Report Overview:

IMARC Group’s report, titled “Recycled Shingle Roofing Manufacturing Plant Project Report 2024: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue,” provides a complete roadmap for setting up a recycled shingle roofing manufacturing plant. It covers a comprehensive market overview to micro-level information such as unit operations involved, raw material requirements, utility requirements, infrastructure requirements, machinery and technology requirements, manpower requirements, packaging requirements, transportation requirements, etc. The recycled shingle roofing project report provides detailed insights into project economics, including capital investments, project funding, operating expenses, income and expenditure projections, fixed costs vs. variable costs, direct and indirect costs, expected ROI and net present value (NPV), profit and loss account, financial analysis, etc.

Recycled Shingle Roofing Market Analysis:

The global recycled shingle roofing is experiencing a significant growth due to increase in demand for recycled shingle roofing in response to the growing environmental awareness among people, businesses and governments around the world. For instance, according to the European Environment Agency, in 2024, the EU's Circular Economy Action Plan aims to double the circular material use rate, or the proportion of materials used in relation to total material use. The plan also aims to reduce the EU's residual waste by half.

Recycled Shingle Roofings are cost effective which is one of the major factors in its growing popularity. By utilizing recycled materials companies are able to reduce the production costs which can then be passed on to the consumers. This affordability combined with a commitment to durability and quality allows the consumers and developers to benefit from a sustainable roofing solution that meets their budget and environmental goals.

Recycled Shingle Roofing Market Trends:

Technological Innovations in Recycling

Advancements in recycling technology are making it easier and more cost-effective to produce high-quality recycled shingles. GAF's pilot program in Lockport, New York and Tampa, FL demonstrates the potential for circularity in the asphalt shingle industry which uses 90% of collected shingle waste to produce new shingles with 7% recycled content further reducing waste and virgin material usage. Furthermore, Owens Corning, a United States-based company aims to recycle two million tons of shingles annually by 2030 reducing landfill waste by 14% and enhancing its waste reduction capabilities. In 2023, Owens Corning reduced landfill waste by 14% and is developing waste reduction capabilities. This aligns with the company’s aspiration to recycle asphalt shingles into new shingles or asphalt pavement thereby propelling the market growth.

Integration with Renewable Energy Solutions

The roofing industry is increasingly merging recycled shingle solutions with solar technology to meet the rising demand for energy efficiency and sustainability. For instance, Solstice Shingle, a solar roofing system by CertainTeed, combines traditional recycled asphalt shingles with solar energy, offering aesthetic appeal and water protection. Its sleek design and strong warranty ensure superior performance. With an average increase of 40% in homeowners installing solar, Solstice Shingles are a natural extension of the roof and home. Furthermore, NEX Polymer Modified Asphalt shingles by Malarkey Roofing Products offer superior strength and granule adhesion, ensuring durability and granule retention in solar paneled roofs, reducing potential damage and granule loss. Malarkey has successfully incorporated upcycled rubber and plastic into their shingles, diverting approximately 6.8M rubber tires and 4.5B plastic bags from landfills.

Latest Industry News:

The market is also being driven by increasing investments and capacity expansions:

• In 2024, eFACTOR3, a leading provider of waste and plastic recycling solutions, announced a strategic partnership with Ecostar, a pioneering recycling screen manufacturer renowned for its innovative DDS Technology. As per the partnership, Ecostar's products will be exclusively distributed in the United States by eFACTOR3, expanding Ecostar's reach and providing eFACTOR3 with a reputable distributor in North America.
• In 2024, Manufacturers Reserve Supply (MRS), a leading supplier of roofing and construction materials, has entered an exclusive partnership with BRAVA Roof Tile, a renowned innovator in sustainable roofing solutions. This collaboration ensures efficient shipping of BRAVA Roof Tile products to meet the demands of the construction industry, with a wide range of products now available for immediate purchase and shipment from MRS.

Key Insights for Recycled Shingle Roofing Manufacturing Plant Setup

The following aspects have been covered in the recycled shingle roofing manufacturing plant report:

• Market Analysis:
  • Market Trends
  • Market Breakup by Segment
  • Market Breakup by Region
  • Price Analysis
  • Impact of COVID-19
  • Market Forecast
     

The report provides insights into the landscape of the recycled shingle roofing industry at the global level. The report also provides a segment-wise and region-wise breakup of the global recycled shingle roofing industry. Additionally, it also provides the price analysis of feedstocks used in the manufacturing of recycled shingle roofing, along with the industry profit margins.

• Detailed Process Flow:
  • Product Overview
  • Unit Operations Involved
  • Mass Balance and Raw Material Requirements
  • Quality Assurance Criteria
  • Technical Tests
     

The report also provides detailed information related to the recycled shingle roofing manufacturing process flow and various unit operations involved in a manufacturing plant. Furthermore, information related to mass balance and raw material requirements has also been provided in the report with a list of necessary quality assurance criteria and technical tests.

• Project Details, Requirements and Costs Involved:
  • Land, Location and Site Development
  • Plant Layout
  • Machinery Requirements and Costs
  • Raw Material Requirements and Costs
  • Packaging Requirements and Costs
  • Transportation Requirements and Costs
  • Utility Requirements and Costs
  • Human Resource Requirements and Costs
     

The report provides a detailed location analysis covering insights into the land location, selection criteria, location significance, environmental impact, expenditure, and other recycled shingle roofing manufacturing plant costs. Additionally, the report provides information related to plant layout and factors influencing the same. Furthermore, other requirements and expenditures related to machinery, raw materials, packaging, transportation, utilities, and human resources have also been covered in the report.

Capital Expenditure (CapEx) and Operational Expenditure (OpEx) Analysis:

• Project Economics:
  • Capital Investments
  • Operating Costs
  • Expenditure Projections
  • Revenue Projections
  • Taxation and Depreciation
  • Profit Projections
  • Financial Analysis
     

The report also covers a detailed analysis of the project economics for setting up a recycled shingle roofing manufacturing plant. This includes the analysis and detailed understanding of capital expenditure (CapEx), operating expenditure (OpEx), income projections, taxation, depreciation, liquidity analysis, profitability analysis, payback period, NPV, uncertainty analysis, and sensitivity analysis. Furthermore, the report also provides a detailed analysis of the regulatory procedures and approvals, information related to financial assistance, along with a comprehensive list of certifications required for setting up a recycled shingle roofing manufacturing plant.

Profitability Analysis: 

Report Coverage:

Key Questions Answered in This Report:

• How has the recycled shingle roofing market performed so far and how will it perform in the coming years?
• What is the market segmentation of the global recycled shingle roofing market?
• What is the regional breakup of the global recycled shingle roofing market?
• What are the price trends of various feedstocks in the recycled shingle roofing industry?
• What is the structure of the recycled shingle roofing industry and who are the key players?
• What are the various unit operations involved in a recycled shingle roofing manufacturing plant?
• What is the total size of land required for setting up a Recycled Shingle Roofing manufacturing plant?
• What is the layout of a recycled shingle roofing manufacturing plant?
• What are the machinery requirements for setting up a recycled shingle roofing manufacturing plant?
• What are the raw material requirements for setting up a recycled shingle roofing manufacturing plant?
• What are the packaging requirements for setting up a recycled shingle roofing manufacturing plant?
• What are the transportation requirements for setting up a recycled shingle roofing manufacturing plant?
• What are the utility requirements for setting up a recycled shingle roofing manufacturing plant?
• What are the human resource requirements for setting up a recycled shingle roofing manufacturing plant?
• What are the infrastructure costs for setting up a recycled shingle roofing manufacturing plant?
• What are the capital costs for setting up a recycled shingle roofing manufacturing plant?
• What are the operating costs for setting up a recycled shingle roofing manufacturing plant?
• What should be the pricing mechanism of the final product?
• What will be the income and expenditures for a recycled shingle roofing manufacturing plant?
• What is the time required to break even?
• What are the profit projections for setting up a recycled shingle roofing manufacturing plant?
• What are the key success and risk factors in the recycled shingle roofing industry?
• What are the key regulatory procedures and requirements for setting up a recycled shingle roofing manufacturing plant?
• What are the key certifications required for setting up a recycled shingle roofing manufacturing plant?

Report Customization:

While we have aimed to create an all-encompassing recycled shingle roofing plant project report, we acknowledge that individual stakeholders may have unique demands. Thus, we offer customized report options that cater to your specific requirements. Our consultants are available to discuss your business requirements, and we can tailor the report's scope accordingly. Some of the common customizations that we are frequently requested to make by our clients include:

• The report can be customized based on the location (country/region) of your plant.
• The plant’s capacity can be customized based on your requirements.
• Plant machinery and costs can be customized based on your requirements.
• Any additions to the current scope can also be provided based on your requirements.

Why Buy IMARC Reports?

• The insights provided in our reports enable stakeholders to make informed business decisions by assessing the feasibility of a business venture.
• Our extensive network of consultants, raw material suppliers, machinery suppliers and subject matter experts spans over 100+ countries across North America, Europe, Asia Pacific, South America, Africa, and the Middle East.
• Our cost modeling team can assist you in understanding the most complex materials. With domain experts across numerous categories, we can assist you in determining how sensitive each component of the cost model is and how it can affect the final cost and prices.
• We keep a constant track of land costs, construction costs, utility costs, and labor costs across 100+ countries and update them regularly.
• Our client base consists of over 3000 organizations, including prominent corporations, governments, and institutions, who rely on us as their trusted business partners. Our clientele varies from small and start-up businesses to Fortune 500 companies.
• Our strong in-house team of engineers, statisticians, modeling experts, chartered accountants, architects, etc. has played a crucial role in constructing, expanding, and optimizing sustainable manufacturing plants worldwide.