Residential Roofing Industry

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.

Residential roofing industry.

On the basis of end use residential roofing can be segmented as reroofing and new construction roofing. 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 comprises of installing roofs sidings and drainage systems for roofs. Fortunately the roofing industry as a whole has been developing education and training initiatives to address the situation ever since the great recession.

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

Roofing offers protection from heat rain and other atmospheric conditions. Bitumen ceramic coated granules clay sand fiberglass concrete and polycarbonate are used for the construction of roofs in residential and commercial buildings such as offices hotels and educational institutes. The market share consumption rate and estimated growth rate of each application fragment are mentioned.