Residential Roofing Industry

Us demand for residential roofing products is forecast to advance 4 0 percent per year to 147 million squares in 2020 valued at 10 4 billion.

Residential roofing industry.

Residential roofing comprises of installing roofs sidings and drainage systems for roofs. The freedonia group is tracking recent developments and analyzing their impact in an easy to follow economic impact tracker. Asphalt shingles including standard laminated high performance laminated and three tab types. Historically reroofing dominated the global residential roofing market and the trend is expected to continue.

Fortunately the roofing industry as a whole has been developing education and training initiatives to address the situation ever since the great recession. For now the most important thing that you can do as a homeowner is to be informed and aware of all the factors outlined in this article. On the basis of end use residential roofing can be segmented as reroofing and new construction roofing. The market share consumption rate and estimated growth rate of each application fragment are mentioned.

As per the report the application landscape of the residential roofing industry market is bifurcated into asphalt shingles roofing metal roofing elastomeric roofing built up roofing modified bitumen roofing andothers. Residential roofing market global industry analysis size share growth trends and forecast 2013 2019. There are currently over 50 000 establishments engaged in the installation roofing siding and sheet metal work valued at a total of 31 4 billion.