Freedonia Group Roofing

The organization predicts an improving economy and a rise in housing starts will support demand growth in the residential segment during 2021.

Freedonia group roofing.

A steep slope roofing material made of ready mix concrete or clay formed into conical shapes and attached to a roof substrate. Built up roofing backing material fiberglass vs. For more information on the outlook for related building products such as wood panels siding insulation roofing. This will restrain gains going forward as activity returns to more normal levels.

It presents historical demand data 2007 2012 and 2017 and forecasts for 2022 and 2027 by market and application new residential residential reroofing new nonresidential and nonresidential reroofing and product bituminous tile rubber plastic fiber cement. Metal roofing sales to outpace overall roofing growth through 2023 sales of metal roofing will be bolstered by manufacturers efforts to offer standing seam panels in a wider array of colors and patterns. The freedonia group projects residential roofing demand will hold up well in 2020 as the strong recovery over the summer will limit losses for the calendar year. Organic surface type granulated vs.

The entire contents of the document are copyrighted by the freedonia group inc. Reroofing had a key role in aiding metal roofing demand in 2016 with a variety of severe weather events causing heavy damage to roofs nationwide. This freedonia industry study analyzes the 92 billion global roofing market. A low slope roofing material consisting of a layer of rubber resins most often ethylene propylene diene monomer attached to a fiberglass or plastic backing.

Through 2021 value demand for metal roofing will advance 2 0 annually to 3 5 billion. More than 90 of the industrial companies in the fortune 500 use freedonia research to help with their. The freedonia group is tracking recent developments and analyzing their impact in an easy to follow economic impact tracker. Unauthorized reproduction or distribution of the publication or any portion of it may result in severe civil and criminal penalties and will be prosecuted to the maximum extent necessary to protect the rights of freedonia.

South roofing demand by subregion 2009 2029 million squares south roofing demand share by product 2019 squares west roofing demand by subregion 2009 2029 million squares west roofing demand share by product 2019 squares 14. The freedonia group is a leading international business research company founded in 1985. According to freedonia group industry analyst matt zielenski.