Thursday, March 21, 2013

North American Commercial Roofing Market is Expected to Reach $4.6 Billion in 2017

As energy costs continue to rise, the ability of roofing materials to reduce utility bills will begin to play a much larger role in helping to calculate the actual cost-effectiveness of the roofing system.  The rise in popularity of green building has produced a new demand in the market for a larger variety of recycled roofing materials.
Increased demand for reflective and green/vegetative roofing products is driven by environmental concerns as well as federal and state tax incentives from the recent U.S. economy stimulus plan.  These product types are expected to continue to be fueled by increased awareness efforts on behalf of manufacturers, architects and contractors specializing in environmentally-friendly roofing materials.

The long-term expectation for the roofing industry will ultimately hinge on the long-awaited recovery of the U.S. economy as a whole.  Moderate recovery began in 2012, with GDP growth moving back into positive numbers.  Federal incentive programs have taken hold, and consumers are becoming more educated about the programs and tax incentives available to them.  Increased environmental concerns and growing tax incentives are beginning to affect the roofing market demand.

 RSS Feeds – Advanced materials

By 2017, there will be significant increases in green roofing systems as well as energy-efficient reflective roofing product alternatives.  This stimulation of the commercial roofing market will continue to grow slowly, with recovery expected around 2014, thanks to several important environmentally friendly market trends.

  • An overview of all commercial roofing products used in the North American (U.S. and Canadian) market
  • Analyses of market trends, with data from 2010, 2011 and 2012, and projections of compound annual growth rates (CAGRs) through 2017
  • Discussion of the latest in product developments, material, and technology enhancements, as well as a detailed look at the various distribution channels and their dynamics
To provide further information about this report we offer a Complimentary Introduction, available from our Website. To download, simply click here, go to the Table of Contents tab, add the complimentary introduction to your cart, and confirm your order.

1 comment:

Sam Gibson said...

There's no doubt that the new "green" roofing materials are great selling points because everyone wants to feel good. I've noticed wood shakes are slowly leaving the market place. I had bids for torch on roofing in Vancouver for a commercial property we're needing to redo.

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