Commercial Roofing with Covid-19 Market Impact Analysis

Commercial Roofing with Covid-19 Market Impact Analysis

US demand for commercial roofing is forecast to fall 0.6% annually to 88.9 million squares in 2024. A tepid recovery in commercial construction spending after the declines seen during the COVID-19 pandemic will restrain demand advances going forward. Demand will also be negatively affected by the elevated level of commercial reroofing activity experienced between the second half of 2016 and 2018 – structures that had roofs repaired or replaced during that time will generally not require further work in the near term.

This report covers commercial roofing demand by Product, Application, and Subregion, Data are given in dollar value and area (squares) terms.

Commercial roofing products covered in the study include:
Bituminous (modified bitumen membranes and standard roofing felts)
Plastic single-ply (TPO membranes, PVC membranes, and other plastic membranes)
Rubber (EPDM, CSPE, neoprene, and butyl rubber and other)
Metal (standing seam roofing and corrugated metal panels)
Asphalt Shingles (laminated, high-performance laminated, and standard three-tab)
Other products (SPF roofing, green roofing, liquid-applied roof coatings, and other products)

Applications for commercial roofing include:
New construction
Reroofing

Demand is broken out for US Census subregions.
New England
Middle Atlantic
East North Central
West North Central
South Atlantic
East South Central
West South Central
Mountain
Pacific

Scope of the Report
This report covers the scope, size, and growth of the US commercial roofing market including key trends in product segmentation. Historical data are provided for 2009, 2014, and 2019 with forecasts for 2024 and 2029, with year by year historical market volatility also addressed. Data are provided in both area and dollar value terms. Also included is an analysis of the industry key players and their market shares


  • Executive Summary
    • Table Figure 1-1 | US Commercial Roofing Market Overview
  • Overview
    • Key Findings
      • Table Figure 2-1 | Key Trends in the US Commercial Roofing Market
    • Historical Commercial Roofing Trends
      • Table Figure 2-2 | Commercial Roofing Demand: New vs Reroofing, 2000 - 2019
    • Impact of COVID-19 on the Commercial Roofing Industry
    • Commercial Roofing Area Demand
      • Table Commercial Roofing Demand by Material, 2009 - 2029
    • Commercial Roofing Value Demand
      • Table Commercial Roofing Demand by Material, 2009 - 2029
    • Supply & Demand
      • Trade
        • Table Commercial Roofing Supply & Demand, 2009 - 2029
      • Effects of Tariffs on Trade
  • Factors Impacting Commercial Roofing Demand
    • Aging Commercial Roofing Stock
    • Storm Activity
      • Table Figure 3-1 | Storm-Related Reroofing as a Share of Weather-Related Commercial Reroofing Demand, 2007 – 2019
    • Roof Slope: Low vs. Steep
      • Table Commercial Roofing Demand by Roof Slope, 2009 - 2029
    • Manufacturers' Level Product Pricing Trends
      • Table Average Prices of Commercial Roofing Products, 2009 - 2029
    • Installation Considerations
      • Comparative Costs
        • Table Average Installation Costs of Commercial Roofing by Material, 2009 - 2029
      • Shortage of Trained Installers
    • Product Lifespan & Use of Roof Maintenance Programs
      • Table Figure 3-2 | Average Product Lifespans of Selected Commercial Roofing Materials
    • Changing Building Codes
    • Insurer Requirements
    • Energy Efficiency Standards
      • ENERGY STAR
      • LEED
      • Cool Roofing
      • Solar Roofing
  • Plastic Roofing
    • Key Findings
      • Table Figure 4-1 | Plastic Commercial Roofing Market Key Trends
    • Product Description & Scope
    • Demand by Product
      • Demand Forecast
        • Table Plastic Commercial Roofing Demand by Type, 2009 - 2029
        • Table Figure 4-2 | Plastic Roofing: Advantages & Disadvantages
      • TPO
        • Table TPO Commercial Roofing Demand, 2009 - 2029
        • Table Figure 4-3 | TPO Roofing: Advantages & Disadvantages
      • PVC
        • Table PVC Commercial Roofing Demand, 2009 - 2029
        • Table Figure 4-4 | PVC Roofing: Advantages & Disadvantages
      • Other Plastic Roofing
        • Table Other Plastic Commercial Roofing Demand, 2009 - 2029
        • Table Figure 4-5 | Ethylene Copolymers & Polycarbonate & Fiberglass Panels: Product Characteristics
    • Demand by Application & Building Type
      • Table Plastic Commercial Roofing Demand by Application & Building Type, 2009 - 2029
      • Table Figure 4-6 | Plastic Commercial Roofing Demand by Building Type, 2009 - 2029
    • Demand by Region & Subregion
      • Table Plastic Commercial Roofing Demand by Region & Subregion, 2009 - 2029
      • Table Figure 4-7 | Plastic Commercial Roofing Demand by Region, 2009 - 2029
    • Market Share
      • Table Figure 4-8 | US Commercial Plastic Roofing Market Share by Company, 2019
  • Bituminous Roofing
    • Key Findings
      • Table Figure 5-1 | Bituminous Commercial Roofing Market: Key Trends
    • Product Description
    • Roof Area Covered
      • Demand by System Type
        • Table Bituminous Commercial Roofing Demand by System Type, 2009 - 2029
      • Modified Bitumen Systems
        • Table Modified Bitumen Systems: Advantages & Disadvantages
      • Built-Up Roofing (BUR)
        • Table BURs: Advantages & Disadvantages
    • Roof Area Covered & Material Consumption
      • Consumption by Product Type
        • Table Bituminous Commercial Roofing Demand & Consumption by Product, 2009 – 2029
        • Table Figure 5-2 | Polymer-Modified Membranes & Standard Roofing Felts: Product Characteristics
      • Modified Bitumen Membranes
        • Table Modified Bitumen Commercial Roofing Membrane Consumption by Type, 2009 - 2029
        • Table Figure 5-3 | SBS- & APP-Modified Bituminous Membranes: Product Characteristics
      • Standard Roofing Felts
        • Table Standard Commercial Roofing Felt Consumption, 2009 - 2029
    • Consumption by Backing Material (Fiberglass vs. Organic)
      • Table Bituminous Commercial Roofing Consumption by Backing Material, 2009 - 2029
    • Consumption by Surface (Granulated vs. Smooth)
      • Table Bituminous Commercial Roofing Consumption by Surface Type, 2009 - 2029
    • Demand by Application & Building Type
      • Table Bituminous Commercial Roofing Demand by Application & Building Type, 2009 - 2029
      • Table Figure 5-4 | Bituminous Commercial Roofing Demand by Building Type, 2009 - 2029
    • Demand by Region & Subregion
      • Table Bituminous Commercial Roofing Demand by Region & Subregion, 2009 - 2029
      • Table Figure 5-5 | Bituminous Commercial Roofing Demand by Region, 2009 - 2029
    • Market Share
      • Table Figure 5-6 | US Commercial Bituminous Roofing Market Share by Company, 2019
  • Metal Roofing
    • Key Findings
      • Table Figure 6-1 | Metal Commercial Roofing Market: Key Findings
    • Product Description & Scope
      • Table Low- & Steep-Slope Metal Roofing: Product Differences
    • Demand by Product
      • Demand by Type & Roof Slope
        • Table Metal Commercial Roofing Demand by Product & Roof Slope, 2009 – 2029
        • Table Figure 6-2 | Metal Roofing: Advantages & Disadvantages
      • Standing Seam
        • Table Standing Seam Metal Commercial Roofing Demand, 2009 - 2029
        • Table Figure 6-3 | Standing Seam Metal Roofing: Advantages & Disadvantages
      • Other Metal Roofing (Metal Panels & Metal Shingles, Shakes, & Tiles)
        • Table Other Metal Commercial Roofing Demand by Product, 2009 – 2029
        • Table Figure 6-4 | Metal Panels & Metal Shakes, Shingles, & Tiles: Product Characteristics
    • Demand by Application & Building Type
      • Table Metal Commercial Roofing Demand by Application & Building Type, 2009 - 2029
      • Table Figure 6-5 | Metal Roofing Demand by Building Type, 2009 - 2029
    • Demand by Region & Subregion
      • Table Metal Commercial Roofing Demand by Region & Subregion, 2009 - 2029
      • Table Figure 6-6 | Metal Commercial Roofing Demand by Region, 2009 - 2029
    • Market Share
      • Table Figure 6-7 | US Commercial Metal Roofing Market Share by Company, 2019
  • Asphalt Shingles
    • Key Findings
      • Table Figure 7-1 | Asphalt Shingles: Commercial Market Key Findings
    • Product Description & Scope
    • Demand by Product
      • Demand by Shingle Type
        • Table Asphalt Shingle Commercial Roofing Demand by Product, 2009 – 2029
        • Table Figure 7-2 | Asphalt Shingles: Advantages & Disadvantages
      • Standard Laminated Asphalt Shingles
        • Table Standard Laminated Asphalt Shingle Commercial Roofing Demand, 2009 – 2029
        • Table Figure 7-3 | Standard Laminated Asphalt Shingles: Advantages & Disadvantages
      • High-Performance Laminated Asphalt Shingles
        • Table High-Performance Laminated Asphalt Shingle Commercial Roofing Demand, 2009 - 2029
        • Table Figure 7-4 | High-Performance Laminated Asphalt Shingles: Product Characteristics
      • Three-Tab Asphalt Shingles
        • Table Three-Tab Asphalt Shingle Commercial Roofing Demand, 2009 - 2029
        • Table Figure 7-5 | Three-Tab Asphalt Shingles: Product Characteristics
    • Demand by Application & Building Type
      • Table Asphalt Shingle Commercial Roofing Demand by Application & Building Type, 2009 - 2029
      • Table Figure 7-6 | Asphalt Shingle Commercial Roofing Demand by Building Type, 2009 - 2029
    • Demand by Region & Subregion
      • Table Asphalt Shingle Commercial Roofing Demand by Region & Subregion, 2009 - 2029
      • Table Figure 7-7 | Asphalt Shingle Commercial Roofing Demand by Region, 2009 - 2029
    • Market Share
      • Table Figure 7-8 | US Commercial Asphalt Shingle Roofing Market Share by Company, 2019
  • Rubber Roofing
    • Key Findings
      • Table Figure 8-1 | Rubber Commercial Roofing Market Key Findings
    • Product Description & Scope
    • Demand by Product
      • Demand by Rubber Formulation
        • Table Rubber Commercial Roofing Demand by Product, 2009 - 2029
        • Table Figure 8-2 | Rubber Roofing: Advantages & Disadvantages
      • EPDM
        • Table EPDM Commercial Roofing Demand, 2009 - 2029
        • Table Figure 8-3 | EPDM Roofing: Advantages & Disadvantages
      • Other (CSPE, Neoprene, Butyl)
        • Table Other Rubber Commercial Roofing Demand, 2009 - 2029
        • Table Figure 8-4 | CSPE, Neoprene, & Butyl Rubber Roofing: Product Characteristics
    • Demand by Application & Building Type
      • Table Rubber Commercial Roofing Demand by Application & Building Type, 2009 - 2029
      • Table Figure 8-5 | Rubber Commercial Roofing Demand by Building Type, 2009 - 2029
    • Demand by Region & Subregion
      • Table Rubber Commercial Roofing Demand by Region & Subregion, 2009 - 2029
      • Table Figure 8-6 | Rubber Commercial Roofing Demand by Region, 2009 - 2029
    • Market Share
      • Table Figure 8-7 | US Commercial Rubber Roofing Market Share by Company, 2019
  • Other Roofing
    • Key Findings
      • Table Figure 9-1 | Key Trends in the US Market for Other Commercial Roofing
    • Scope
    • Demand by Product
      • Table Other Commercial Roofing Demand by Product, 2009 - 2029
    • Demand by Application & Building Type
      • Table Other Commercial Roofing Demand by Application & Building Type, 2009 - 2029
      • Table Figure 9-2 | Other Commercial Roofing Demand by Building Type, 2009 - 2029
    • Demand by Region & Subregion
      • Table Other Commercial Roofing Demand by Region & Subregion, 2009 - 2029
      • Table Figure 9-3 | Other Commercial Roofing Demand by Region, 2009 - 2029
  • Applications
    • Key Findings
      • Table Figure 10-1 | Key Trends in US Commercial Roofing Applications
    • Demand by Applications
      • Table Commercial Roofing Demand by Application, 2009 - 2029
    • New Construction
      • New Construction Overview
        • Table Figure 10-2 | New Commercial Roofing Demand, 2009 - 2029
      • Demand by Product
        • Table New Commercial Roofing Demand by Product, 2009 - 2029
      • Demand by Region & Subregion
        • Table New Commercial Roofing Demand by Region & Subregion, 2009 - 2029
    • Reroofing
      • Reroofing Overview
        • Table Figure 10-3 | Age-Related Commercial Reroofing Demand, 2009 - 2029
        • Table Figure 10-4 | Commercial Reroofing Demand by Reason for Replacement, 2009 - 2024
      • Demand by Product
        • Table Commercial Reroofing Demand by Product, 2009 - 2029
      • Demand by Region & Subregion
        • Table Commercial Reroofing Demand by Region & Subregion, 2009 - 2029
    • Demand by Building Type
      • Demand Forecast
        • Table Commercial Roofing Demand by Building Type, 2009 - 2029
      • Office, Retail, & Lodging
        • Table Office, Retail, & Lodging Roofing Demand by Application & Product, 2009 - 2029
      • Institutional
        • Table Institutional Roofing Demand by Application & Product, 2009 - 2029
      • Industrial
        • Table Industrial Roofing Demand by Application & Product, 2009 - 2029
      • Transportation & Other Commercial Buildings
        • Table Transportation & Other Commercial Roofing Demand by Application & Product, 2009 - 2029
  • Regions
    • Key Findings
      • Table Figure 11-1 | Key Trends in Regional US Commercial Roofing Markets
    • Demand by Region
      • Table Commercial Roofing Demand by Region, 2009 - 2029
    • Northeast
      • Demand by Subregion
        • Table Northeast Commercial Roofing Demand by Subregion, 2009 - 2029
      • New England
        • Table New England Commercial Roofing Demand by Application & Product, 2009 - 2029
        • Table Figure 11-2 | New England Commercial Roofing Market
      • Middle Atlantic
        • Table Middle Atlantic Commercial Roofing Demand by Application & Product, 2009 - 2029
        • Table Figure 11-3 | Middle Atlantic Commercial Roofing Market
    • Midwest
      • Demand by Subregion
        • Table Midwest Commercial Roofing Demand by Subregion, 2009 - 2029
      • East North Central
        • Table East North Central Commercial Roofing Demand by Application & Product, 2009 - 2029
        • Table Figure 11-4 | East North Central Commercial Roofing Market
      • West North Central
        • Table West North Central Commercial Roofing Demand by Application & Product, 2009 - 2029
        • Table Figure 11-5 | West North Central Commercial Roofing Market
    • South
      • Demand by Subregion
        • Table South Commercial Roofing Demand by Subregion, 2009 - 2029
      • South Atlantic
        • Table South Atlantic Commercial Roofing Demand by Application & Product, 2009 - 2029
        • Table Figure 11-6 | South Atlantic Commercial Roofing Market
      • East South Central
        • Table East South Central Roofing Demand by Application & Product, 2009 - 2029
        • Table Figure 11-7 | East South Central Commercial Roofing Market
      • West South Central
        • Table West South Central Roofing Demand by Application & Product, 2009 - 2029
        • Table Figure 11-8 | West South Central Commercial Roofing Market
    • West
      • Demand by Subregion
        • Table West Commercial Roofing Demand by Subregion, 2009 - 2029
      • Mountain
        • Table Mountain Commercial Roofing Demand by Application & Product, 2009 - 2029
        • Table Figure 11-9 | Mountain Commercial Roofing Market
      • Pacific
        • Table Pacific Commercial Roofing Demand by Application & Product, 2009 - 2029
        • Table Figure 11-10 | Pacific Commercial Roofing Market
  • Industry Structure
    • Key Findings & Industry Composition
      • Table US Commercial Roofing Sales by Company, 2019
    • Market Share
      • Table Figure 12-1 | US Commercial Roofing Market Share by Company, 2019
      • Table Figure 12-2 | US Commercial Roofing Market: Leading Supplier, 2019
      • Table Figure 12-3 | US Commercial Roofing Market: Second Leading Supplier, 2019
      • Table Figure 12-4 | US Commercial Roofing Market: Third Leading Supplier, 2019
      • Table Figure 12-5 | US Commercial Roofing Market: Fourth Leading Supplier, 2019
    • Distribution Channels
    • Key Competitive Strategies
      • Vertical & Horizontal Integration
      • New Product Development
      • Preferred Contractor Programs
      • Mergers & Acquisitions
        • Table Selected Mergers & Acquisitions
      • Cooperative Agreements
    • Marketing
    • List of Industry Participants
      • Table Selected Industry Participants
  • Appendix
    • Scope
      • Table Study Scope: US Geographic Regions & Subregions
      • Table Relevant Industry Codes
      • Table Relevant HS Codes
    • Definitions
    • Abbreviations
      • Table Abbreviations & Acronyms Used in Study
    • Freedonia Methodology
    • Study-Specific Methodology
    • Sources
    • Associations & Agencies
    • Related Studies & Reports
    • Macroeconomic Assumptions
      • Economic Environment
        • Table Macroeconomic Indicators, 2009 – 2029
        • Table Figure 13-1 | Annual Growth in Real GDP, 2000 - 2019, Compared to 1980 - 2005 Average
      • Demographic Trends
        • Table Population & Households, 2009 – 2029
        • Table Figure 13-2 | Annual Population Growth, 2004 - 2019
      • Consumer Spending
        • Table Personal Consumption Expenditures, 2009 – 2029
      • Consumer Financing
        • Table Consumer Financing Environment, 2009 - 2019
      • Building Construction
        • Table Building Construction Expenditures, 2009 – 2029
      • Commercial Building Construction
        • Table Commercial Building Construction Expenditures, 2009 – 2029
      • Commercial Building Stock
        • Table Commercial Building Stock by Type, 2009 – 2029
      • Commercial Building Improvements & Repairs
        • Table Commercial Building Improvement & Repair Expenditures, 2009 – 2029

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