US Low-Slope Roofing
Description
US Low-Slope Roofing
US demand for low-slope roofing is forecast to decline nearly 1.0% per year from a high 2021 base to 78 million squares in 2026. Gains will be restrained by the elevated levels of reroofing activity in 2020 and 2021 that resulted from several severe weather events and building renovations that were encouraged by tax provisions and financial aid from the federal government. While market value for roofing will also be affected by declining demand in area terms, some growth will occur due to:
While demand for bituminous roofing – the most commonly installed type of low-slope roofing – is expected to decline going forward, some better-performing roofing materials are expected to see gains despite their higher cost:
Although they will continue to account for a small share of low-slope roofing demand, a variety of small volume roofing products will see increasing use because of growing interest in environmentally friendly roofing materials that reduce a structure’s energy consumption. Use of vegetative roofing, light-colored liquid-applied roofing coatings, and spray polyurethane foam (SPF) can minimize heat transfer and lower utility bills – important characteristics for contractors, designers, and property managers alike. In addition, demand for vegetative roofing will be bolstered by legislation and funding projects in major metropolitan areas that promote the use of this roofing to reduce heat island effects in urban cores.
Study Description
This Freedonia industry study analyzes the $6 billion US low-slope market for roofing. It presents historical demand data (2011, 2016, and 2021) and forecasts (2026 and 2031) as well as annual data for the years 2018-2025. Unit demand and value demand data is shown for roofing by material (metal, bituminous, plastic, rubber), product type (standing seam, corrugated panel, modified bitumen, built-up roofing, thermoplastic polyolefin, polyvinyl chloride, ethylene-propylene, neoprene, butyl, spray polyurethane foam, liquid-applied roofing, tensioned fabric, vegetative roofing) and market (new and reroofing demand in both residential and commercial buildings). The study also evaluates company market share and competitive analysis on industry competitors including GAF, Carlisle Construction Materials, Holcim(Elevate), and Johns Manville.
US demand for low-slope roofing is forecast to decline nearly 1.0% per year from a high 2021 base to 78 million squares in 2026. Gains will be restrained by the elevated levels of reroofing activity in 2020 and 2021 that resulted from several severe weather events and building renovations that were encouraged by tax provisions and financial aid from the federal government. While market value for roofing will also be affected by declining demand in area terms, some growth will occur due to:
- prices remaining elevated for most products following the inflation- and supply chain-related spikes of 2021 and 2022
- an ongoing shift toward more durable roofing products, which are higher value than traditional materials
While demand for bituminous roofing – the most commonly installed type of low-slope roofing – is expected to decline going forward, some better-performing roofing materials are expected to see gains despite their higher cost:
- Thermoplastic polyolefin (TPO) roofing has gained popularity in the low-slope market and is anticipated to be the leading product by 2026, driven by its durability, ease of installation, and its ability to meet cool roofing criteria.
- Standing seam roofing will also see growth, as it can withstand punctures and wind uplift while also solving the issue of leaks from fastener failures by concealing fasteners in the roof system.
Although they will continue to account for a small share of low-slope roofing demand, a variety of small volume roofing products will see increasing use because of growing interest in environmentally friendly roofing materials that reduce a structure’s energy consumption. Use of vegetative roofing, light-colored liquid-applied roofing coatings, and spray polyurethane foam (SPF) can minimize heat transfer and lower utility bills – important characteristics for contractors, designers, and property managers alike. In addition, demand for vegetative roofing will be bolstered by legislation and funding projects in major metropolitan areas that promote the use of this roofing to reduce heat island effects in urban cores.
Study Description
This Freedonia industry study analyzes the $6 billion US low-slope market for roofing. It presents historical demand data (2011, 2016, and 2021) and forecasts (2026 and 2031) as well as annual data for the years 2018-2025. Unit demand and value demand data is shown for roofing by material (metal, bituminous, plastic, rubber), product type (standing seam, corrugated panel, modified bitumen, built-up roofing, thermoplastic polyolefin, polyvinyl chloride, ethylene-propylene, neoprene, butyl, spray polyurethane foam, liquid-applied roofing, tensioned fabric, vegetative roofing) and market (new and reroofing demand in both residential and commercial buildings). The study also evaluates company market share and competitive analysis on industry competitors including GAF, Carlisle Construction Materials, Holcim(Elevate), and Johns Manville.
Table of Contents
340 Pages
- Figure 1-1. US Low-Slope Roofing Market
- Overview
- Impact on the Economy
- Impact on the Construction Industry
- Impact on the Low-Slope Roofing Industry
- Report Details
- Study Scope
- Historical Trends
- Demand Outlook & Key Trends (Area & Value)
- Pricing Trends
- Building Construction Activity
- Size and Age of Building Stock
- Weather & Climate
- Storm-Related Reroofing Activity
- Installation Issues
- Evolving Building Codes
- Adoption of Roof Maintenance Programs
- Insurer Requirements
- Sustainability Initiatives
- Product Lifespans
- New Technologies
- Scope & Product Description
- Demand Forecast (Area Covered & Material Consumption)
- System Types
- Products
- Consumption by Installation Method
- Surface Types (Smooth & Granule)
- Markets & Applications (New vs. Reroofing)
- Regions & Subregions
- Suppliers
- Scope & Product Description
- Key Advantages & Disadvantages
- Demand Forecast
- Products
- Demand by Installation Method
- Markets & Applications (New vs. Reroofing)
- Regions & Subregions
- Suppliers
- Scope & Product Description
- Demand by Product Type
- Markets & Applications (New vs. Reroofing)
- Regions & Subregions
- Suppliers
- Scope & Product Description
- Key Advantages & Disadvantages
- Demand Forecast
- Products
- Demand by Installation Method
- Markets & Applications (New vs. Reroofing)
- Regions & Subregions
- Suppliers
- Scope & Product Description
- Products (Liquid-Applied Roofing Coatings, Tensioned Fabric, Vegetative, Spray Polyurethane Foam)
- Markets & Applications (New vs. Reroofing)
- Regions & Subregions
- Suppliers
- Demand by Application & Product
- New Commercial Roofing
- Commercial Reroofing
- Building Types
- Demand by Application & Product
- New Residential Roofing
- Residential Reroofing
- Demand by Housing Type
- Demand by Region
- Northeast
- Midwest
- South
- West
- Key Findings & Industry Composition
- Market Share
- Distribution
- Key Competitive Strategies
- List of Industry Participants
- Scope
- Definitions
- Freedonia Methodology
- Study-Specific Methodology
- Sources
- Associations & Agencies
- Related Studies & Reports
- Macroeconomic Assumptions
Pricing
Currency Rates
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