US Commercial Roofing Market – Yahoo Finance – Yahoo Finance

LONDON, Feb. 27, 2017 /PRNewswire/ -- Industry Study with Forecasts for 2020 & 2025

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The commercial roofing market has experienced a period of evolution, as bituminous roofing materials, which once dominated demand, now face strong competition from self-adhesive plastic and elastomeric roofing membranes that offer comparable performance properties and are easier to install. Plastic roofing materials will see the fastest demand gains going forward, spurring the interest of contractors in such products as TPO membranes with peel-and-stick backings.

This study will answer the following questions: - How will bituminous roofing materials remain competitive with plastic and elastomeric membranes? - Which market segments will see the most rapid growth? - What role do environmental considerations play in supporting commercial roofing demand?

Description

Plastic roofing overtakes bituminous roofing Plastic roofing is now the leading commercial roofing material installed in the US, and will post above-average gains in demand through 2020. Demand for plastic roofing will be supported by its ease of installation, favorable performance properties, and suitability for use as cool roofing. Concerns about the shortage of trained installers will cause contractors to continue to expand the use of products with peel-and-stick backings, especially plastic (TPO) and elastomeric products.

Cool roofing gains attention Cool roofing will play a key role in the selection of roofing materials, particularly in the South and West, where summers are longer and hotter. White- and light-colored membranes and metal products will benefit. Building professionals will continue to look at the roof as part of the building envelope and see it is a key element in reducing energy use. In addition to cool roofing, roofing with attached insulation or waterproofing membranes will exhibit solid gains.

Bituminous membranes to face strong competition Bituminous membranes, which have seen their share of the US commercial roofing market drop in the face of strong competition from single-ply roofing, will continue to experience falling demand through 2020. Declines in the number of built-up roofing (BUR) systems installed on newly erected buildings will affect demand. The reroof segment will continue to support bituminous roofing demand, as there is a large stock of structures with installed BUR systems. As these roofing products become damaged or worn, roofing professionals will generally opt for such products as self-adhering polymer-modified bituminous membranes as a replacement material.

Steep-slope roofing products to exhibit good growth Demand for steep-slope roofing materials used in commercial applications is forecast to advance at a more rapid pace than that for low-slope roofing through 2020. Use of these roofing products -- primarily asphalt shingles and metal shingles and tiles -- will be driven by rising office, retail, and lodging construction spending. Many low-rise structures in this market segment incorporate residential features to create more aesthetically pleasing exteriors.

Study coverage Commercial Roofing presents historical demand data (2005, 2010 and 2015) plus forecasts (2020 and 2025) by roofing material (plastic, elastomeric, bituminous membrane), product (low-slope, steep-slope), market (new, reroofing, building type) and US region. In addition, the study assesses key market environment factors, examines the industry structure and analyzes company market share.

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US Commercial Roofing Market - Yahoo Finance - Yahoo Finance