Residential Roofing Industry

Residential roofing product demand is segmented by the following product types.

Residential roofing industry.

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. There are currently over 50 000 establishments engaged in the installation roofing siding and sheet metal work valued at a total of 31 4 billion. Residential roofing comprises of installing roofs sidings and drainage systems for roofs. The market share consumption rate and estimated growth rate of each application fragment are mentioned.

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. Asphalt shingles including standard laminated high performance laminated and three tab types. 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.

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