US Roofing Market – New Research Available

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London (PRWEB) November 13, 2013

US demand to rise 3.5% annually through 2017

US demand for roofing is projected to rise 3.5 percent annually to 268 million squares in 2017. This is a rebound from the declines seen between 2007 and 2012 when demand fell as a result of a steep drop in building construction. Going forward, increases in building construction expenditures will spur gains for roofing.

Roofing tiles to be fastest growing product segment

Asphalt shingles accounted for the largest share of roofing demand in 2012 with a 57 percent market share, indicative of their dominant position in the residential market. Through 2017, US demand for asphalt shingles is forecast to grow 4.1 percent annually, spurred by the rebound in residential building construction expenditures. Gains will also be boosted by continuing consumer interest in laminated asphalt shingles, which are seen as being better able to improve the appearance and value of a home.

Roofing tiles are expected to exhibit the most rapid growth of all roofing products through 2017. Advances will be driven by the rebound in residential building construction activity in the West and South, where tiles are most often installed. Demand will also be supported by greater interest in these products because of their favorable aesthetics and ability to be used on cool roofs.

Among other roofing materials, thermoplastic polyolefin (TPO) membranes will see above-average growth through 2017. This material, which is installed mainly on nonresidential low-slope roofs, will see increasing use because of its low cost and ease of installation. Moreover, TPOs are usually white-colored membranes that reflect sunlight, promoting energy savings by reducing consumption.

New building construction to drive market gains

In both the residential and nonresidential markets, new building construction will drive gains. For instance, demand for roofing in the new housing segment is expected to rise at a double-digit rate through 2017 as housing starts advance from their low 2012 base. In the nonresidential market, sharp growth in office and commercial construction spending and gains in institutional and industrial construction expenditures will boost demand for low-slope roofing materials.

Reroofing activity accounts for the larger share of roofing demand in the US. Through 2017, reroofing demand in both the residential and nonresidential markets will be supported by a more favorable lending environment, as property owners who put off renovation projects such as roof replacement will be able to undertake them going forward.

West to be fastest growing regional market

On a regional basis, the West is expected to see the fastest advances in roofing demand through 2017, driven by that region’s above-average growth in population and housing starts, which will spur demand in the residential market. More-over, growth in population will promote the construction of such nonresidential structures as retail sites, educational and healthcare facilities, manufacturing plants, and warehouses.

Study coverage

Details on these and other findings are contained in the upcoming Freedonia industry study, Roofing, available for $5300. It presents historical demand data for 2002, 2007, and 2012, plus forecasts for 2017 and 2022 by product, market and region of the US. The study also considers market environment factors, evaluates company market share and profiles 35 US industry players, including Bridgestone, Carlisle, CertainTeed, GAF.

TABLE OF CONTENTS

INTRODUCTION xi

I. EXECUTIVE SUMMARY 1

II. MARKET ENVIRONMENT 4

General 4
Macroeconomic Environment 5
Demographic Trends 9
Consumer Trends 13
Consumer Spending 13
Consumer Financing 16
Building Construction 20
Residential Buildings 22
Housing Starts 24
Housing Stock 29
Improvements & Repairs 33
Nonresidential Buildings 34
New 35
Improvements & Repairs 37
Nonresidential Building Stock 39
Pricing Trends 41
Installed Costs 45
Historical Market Trends 47
Materials & Technology Trends 51
Environmental Legislation & Regulatory Considerations 53
General Regulatory Issues 53
Energy Efficiency & Cool Roofs 54
Vegetative Roofs 57
Solar Energy Issues 59
Environmental Concerns 62
Foreign Trade 63

III. PRODUCTS 67

General 67
Asphalt Shingles 70
Demand by Product & Material 73
Product Characteristics 75
Cost Factors 77
Bituminous Low-Slope Roofing 79
Product Characteristics 82
Modified Bitumen Membranes 83
Bitumen-Saturated Roofing Felts 85
Built-Up Roofing Systems 85
Cost Factors 87
Bituminous Sheet Roofing Demand 89
Asphaltic Sheet Roofing 92
Coal Tar Sheet Roofing 94
Standard Roofing Felts 96
Modified Bitumen Membranes 99
Metal Roofing 103
Demand by Type 105
Product Characteristics 108
Cost Factors 112
Elastomeric Roofing 113
Demand by Type 114
Product Characteristics 117
Cost Factors 118
Plastic Roofing 120
Demand by Type 122
Product Characteristics 126
Thermoplastic Olefins 127
Polyvinyl Chloride 128
Spray Polyurethane Foams 129
All Other Plastic Roofing Products 130
Cost Factors 130
Roofing Tile 131
Demand by Type 133
Product Characteristics 135
Cost Factors 137
Wood Shingles & Shakes 139
Demand by Type 142
Product Characteristics 143
Cost Factors 145
Other Roofing Materials 146
Demand by Market 147
Demand by Material Type 148
Slate 149
Fiber Cement 150
Vegetative Roofs 150
Composite & All Other Materials 153
Composite Materials 153
Photovoltaic Roofing 154
Tensioned Fabric 156

IV. MARKETS 157

General 157
Residential 160
New 165
Reroofing 167
Demand by Housing Type 170
Single-Family 171
Multifamily 175
Manufactured Housing 178
Nonresidential 181
New 186
Reroofing 188
Demand by Building Type 192
Office & Commercial 195
Industrial 200
Institutional 202
Other Nonresidential 207
Demand by Slope 210

V. REGIONS 213

General 213
Regional Demographic & Economic Trends 214
Population Patterns 215
Economic Outlook 218
Regional Construction 221
Housing Trends 224
Regional Roofing Demand 227
Northeast 231
New England 236
Middle Atlantic 237
Midwest 239
East North Central 246
West North Central 247
South 249
South Atlantic 254
East South Central 256
West South Central 257
West 259
Mountain 264
Pacific 265

VI. INDUSTRY STRUCTURE 268

General 268
Industry Composition & Market Share 269
Market Leaders 272
Product Segment Leaders 278
Product Developments 280
Asphalt Shingles 280
Low-Slope Roofing Products 282
Manufacturing 284
Competitive Strategies 285
Marketing 287
Distribution 289
Mergers & Acquisitions 292
Cooperative Agreements 294
Company Profiles 297
ABC Supply Company Incorporated 298
Allied Building Products, see CRH
Allmet Roofing Technologies, see Reliance Steel
& Aluminum
American Building Components, see NCI Building
Systems
American Buildings, see Nucor
ASC Profiles, see BlueScope Steel
ATAS International Incorporated 300
Atlas Roofing, see Hood
BASF SE 302
Beacon Roofing Supply Incorporated 304
Berkshire Hathaway Incorporated 306
BITEC Incorporated 312
BlueScope Steel Limited 314
Boral Limited 319
Bridgestone Corporation 322
Building Materials Corporation of America 327
Butler Manufacturing, see BlueScope Steel
Canroof, see IKO Group
Caribbean Roof Tile, see Boral
Carlisle Companies Incorporated 334
CertainTeed, see Saint-Gobain
Clarke Group 339
CRH plc 341
DECRA Roofing Systems, see Fletcher Building
Dow Chemical Company 343
Duro-Last Roofing Incorporated 345
EcoStar, see Staroba Plastic and Metal Products
of New York
Fiberteq, see IKO Group and Owens Corning
Firestone Building Products, see Bridgestone
Fletcher Building Limited 347
GAF Materials, see Building Materials Corporation
of America
Garco Building Systems, see NCI Building Systems
GenFlex Roofing Systems, see Bridgestone
Gulf States Manufacturers, see Nucor
Hanson Roof Tile, see HeidelbergCement
HeidelbergCement AG 349
Henry Company 350
Hood Companies 355
Hunter Panels, see Carlisle
Hyload Roofing Systems, see IKO Group
IB Roof Systems Incorporated 358
Icopal a/s 359
IKO Group 362
Insulated Panel Systems, see NCI Building Systems
Insulfoam, see Carlisle
Johns Manville, see Berkshire Hathaway
Kirby Building Systems, see Nucor
Ludowici Roof Tile, see Terreal
Malarkey Roofing Products Company 367
McElroy Metal Incorporated 369
Metal Building Components, see NCI Building Systems
Metals USA, see Reliance Steel & Aluminum
Metl-Span, see NCI Building Systems
MONIER Group Services GmbH 372
MW/MB, see IKO Group and TAMKO Building Products
NCI Building Systems Incorporated 373
Norandex Building Materials Distribution,
see Saint-Gobain
North American Roofing Services Incorporated 379
Nucor Corporation 380
Owens Corning 383
Petersen Aluminum Corporation 387
Redland Clay Tile, see MONIER Group Services
Reliance Steel & Aluminum Company 389
Saint-Gobain 391
Staroba Plastic and Metal Products
of New York Incorporated 397
TAMKO Building Products Incorporated 399
Terreal SAS 404
Varco Pruden Buildings, see BlueScope Steel
Verco Decking, see Nucor
Versico, see Carlisle
Vulcraft, see Nucor
WeatherBond, see Carlisle
Westile Roofing Products, see CRH
Additional Companies Mentioned in Study 407

LIST OF TABLES

SECTION I -- EXECUTIVE SUMMARY

Summary Table 3

SECTION II -- MARKET ENVIRONMENT

1 Macroeconomic Indicators 8
2 Population & Households 12
3 Personal Consumption Expenditures 16
4 Consumer Financing Environment, 2002-2012 19
5 Building Construction Expenditures 22
6 Residential Building Construction Expenditures 24
7 New Housing Indicators 29
8 Housing Stock by Type 32
9 Residential Improvement & Repair Expenditures 34
10 Nonresidential Building Construction Expenditures 37
11 Nonresidential Building Improvement & Repair Expenditures 38
12 Nonresidential Building Stock 41
13 Selected Roofing Product Prices 44
14 Roofing Market, 2002-2012 50
15 US Roofing Products Foreign Trade 66

SECTION III -- PRODUCTS

1 Roofing Demand by Product 69
2 Asphalt Shingle Demand by Market 72
3 Asphalt Shingle Demand by Product & Material 74
4 Asphalt Shingle Installed Cost 79
5 Bituminous Low-Slope Roofing Demand by Market 82
6 Bituminous Low-Slope Roofing Installed Cost 89
7 Bituminous Sheet Roofing Demand by Type, Product, &
Application 92
8 Asphaltic Sheet Roofing Demand by Product 94
9 Coal Tar Sheet Roofing Demand by Product 96
10 Standard Roofing Felts Demand by Material Type & Surface 99
11 Modified Bitumen Membranes Roofing Demand by Material
Type & Surface 103
12 Metal Roofing Demand by Market 105
13 Metal Roofing Demand by Type 108
14 Metal Roofing Installed Cost 113
15 Elastomeric Roofing Demand by Market 114
16 Elastomeric Roofing Demand by Type 117
17 Elastomeric Roofing Installed Cost 120
18 Plastic Roofing Demand by Market 122
19 Plastic Roofing Demand by Type 125
20 Plastic Roofing Installed Cost 131
21 Roofing Tile Demand by Market 133
22 Roofing Tile Demand by Type 135
23 Roofing Tile Installed Cost 139
24 Wood Shingle & Shake Demand by Market 141
25 Wood Shingle & Shake Demand by Type 143
26 Wood Shingle & Shake Installed Cost 146
27 Other Roofing Materials Demand by Market 148
28 Other Roofing Materials Demand by Type 149

SECTION IV -- MARKETS

1 Roofing Demand by Market 160
2 Residential Roofing Demand by Product & Application 164
3 New Residential Roofing Demand by Product 167
4 Residential Reroofing Demand by Product 170
5 Residential Roofing Demand by Housing Type 171
6 Single-Family Housing Roofing Demand by Product
& Application 175
7 Multifamily Housing Roofing Demand by Product
& Application 178
8 Manufactured Housing Roofing Demand by Product
& Application 181
9 Nonresidential Roofing Demand by Product & Application 185
10 New Nonresidential Roofing Demand by Product 188
11 Nonresidential Reroofing Demand by Product 192
12 Nonresidential Roofing Demand by Building Type 193
13 Office & Commercial Roofing Demand by Product
& Application 199
14 Industrial Roofing Demand by Product & Application 202
15 Institutional Roofing Demand by Product & Application 206
16 Other Nonresidential Roofing Demand by Product
& Application 209

SECTION V -- REGIONS

1 Population by Region 217
2 Gross Domestic Product by Region 221
3 Construction Expenditures by Region 224
4 Regional Housing Indicators 227
5 Roofing Demand by Region 230
6 Northeast Roofing Demand by Subregion, Market, & Product 235
7 Midwest Roofing Demand by Subregion, Market, & Product 245
8 South Roofing Demand by Subregion, Market, & Product 253
9 West Roofing Demand by Subregion, Market, & Product 263

SECTION VI -- INDUSTRY STRUCTURE

1 US Roofing Sales by Company, 2012 271
2 Selected Acquisitions & Divestitures 294
3 Selected Cooperative Agreements 296

LIST OF CHARTS

SECTION II -- MARKET ENVIRONMENT

1 Year of Construction of Housing Stock, 2012 32
2 Roofing Prices, 2002-2022 45
3 Installed Costs for Selected Roofing Products, 2012 47
4 Roofing Market, 2003-2012 51

SECTION IV -- MARKETS

1 Nonresidential Roofing Demand by Building Type, 2012:
New & Reroofing 194
2 Roofing Demand by Slope, 2012 212

SECTION V -- REGIONS

1 Roofing Demand by Region, 2012 230

SECTION VI -- INDUSTRY STRUCTURE

1 US Roofing Market Share, 2012 273

Read the full report:

US Roofing Market

http://www.reportbuyer.com/countries/north_america/usa/us_roofing_market.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Home_Building_and_Improvement

For more information:
Sarah Smith
Research Advisor at Reportbuyer.com
Email: query@reportbuyer.com
Tel: +44 208 816 85 48
Website: http://www.reportbuyer.com/


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    +44 208 816 85 48
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