Freedonia Group Roofing

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.

Freedonia group roofing.

The south region of the us experienced a variety of severe weather events in 2016 causing widespread roofing damage. Demand is provided in both area terms squares and value terms us dollars. The residential market which amounted to the larger share of roofing distributors sales will register rapid sales growth through 2021. Us roofing distributors sales are forecast to rise 5 4 per year to 20 billion in 2021.

The freedonia group is tracking recent developments and analyzing their impact in an easy to follow economic impact tracker. This freedonia industry study analyzes the 92 billion global roofing market. A steep slope roofing material that resembles asphalt shingle or roofing tile but features integrated photovoltaic units that convert solar energy into electrical power standing seam roofing a metal roofing type consisting of metal panels attached to each other by raising the edges of the panels and fastening them to each other. The entire contents of the document are copyrighted by the freedonia group inc.

Through 2021 value demand for metal roofing will advance 2 0 annually to 3 5 billion. 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 and other. This will restrain gains going forward as activity returns to more normal levels.