Roofing
US demand for roofing is forecast to rise 0.2% annually to 253.00 million squares in 2024. After a period of contraction in demand due to the COVID-19 pandemic, roofing demand will be supported by an increase in housing starts and the efforts of building owners to repair or replace the nation’s large stock of structures with older or worn roofs. However, the high level of weather-related reroofing seen in the US between 2016 and 2018 will check near-term growth going forward.
This report covers residential roofing demand by Product, Market, Application, and Subregion, Data are given in dollar value and area (squares) terms.
Roofing products covered in the study include:
Asphalt shingles (standard laminated, high-performance laminated, and three-tab shingles)
Metal (standing seam roofing; metal shingles, shakes, and tiles; and corrugated metal panels)
Bituminous (modified bitumen membranes and standard roofing felts)
Plastic roofing (TPO membranes, PVC membranes, other plastic materials)
Rubber roofing (EPDM membranes and other rubber formulations)
Roofing tile (concrete and clay)
Wood shingles and shakes
Other products (slate, composite, solar roofing, fiber cement roofing, SPF roofing, green roofing, plastic roofing, rubber roofing, liquid-applied roof coatings, and other products)
Roofing markets include:
Residential
Commercial
Applications for roofing include:
New construction
Reroofing
Demand is broken out for US Census subregions.
New England
Middle Atlantic
East North Central
West North Central
South Atlantic
East South Central
West South Central
Mountain
Pacific
Scope of the Report
This report covers the scope, size, and growth of the US roofing market including key trends in product segmentation. Historical data are provided for 2009, 2014, and 2019 with forecasts for 2024 and 2029, with year by year historical market volatility also addressed. Data are provided in both area and dollar value terms. Also included is an analysis of the industry key players and their market shares.
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