Abstract
US roofing market to surpass $15 billion in 2012
US roofing demand is forecast to grow nearly two percent per annum through 2012 to 280 million squares, valued at over $15 billion. Gains will be sparked by a more favorable outlook for new residential construction. After a period of sustained growth, housing construction contracted sharply in 2006 and 2007, resulting in a net decline in new residential roofing demand over the 2002-2007 period. As housing construction recovers through 2012, demand for roofing is projected to surge.
Reroofing will remain largest application
While new roofing applications are expected to grow the fastest through 2012, the majority of demand will continue to come from reroofing applications. In 2007, reroofing accounted for more than three-quarters of total roofing demand.
Roofing tile, plastic roofing to see greatest gains
Roofing tile and plastic roofing are among those products anticipated to see the greatest gains through 2012. Demand for roofing tile will be driven by the recovery of the residential market, especially in the South and West, where roofing tile demand is greatest. Demand for plastic roofing (e.g., thermoplastic polyolefin, PVC, and spray polyurethane foam), which is typically used in nonresidential construction, will increase as plastic materials supplant more traditional bituminous low-slope roofing products.
Study coverage
In addition, he study considers market environment factors, assesses industry structure, evaluates company market share data and profiles 33 leading roofing manufacturers active in the US market, including Saint- Gobain, GAFMC and Owens Corning.
Table of Contents
INTRODUCTION
I. EXECUTIVE SUMMARY
II. MARKET ENVIRONMENT
- General
- Macroeconomic Environment
- Consumer Income & Spending
- Personal Income & Expenditures
- Consumer Financing
- Demographic Trends
- Population
- Households
- Building Construction Trends
- Residential Construction
- Housing Outlook
- Housing Stock
- Improvements & Repairs
- Nonresidential Construction
- Construction Expenditures
- Improvements & Repairs
- Nonresidential Building Stock
- Residential Construction
- Pricing Trends
- Installed Costs
- Historical Market Trends
- Materials & Technology Trends
- Legislation & Regulatory Considerations
- General Regulatory Issues
- Energy Savings & Cool Roofs
- Green Roofs
- Solar Energy Issues
- Environmental Concerns
- Foreign Trade
III. PRODUCTS
- General
- Asphalt Shingles
- Demand by Product & Material
- Producers
- Product Characteristics
- Cost Factors
- Bituminous Low-Slope Roofing
- Producers
- Product Characteristics
- Modified Bitumen Systems
- Built-Up Roofing (BUR) Systems
- Primary Roll Roofing
- Cost Factors
- Bituminous Sheet Roofing Consumed
- Asphaltic Sheet Roofing
- Coal Tar Sheet Roofing
- Standard Roofing Felts
- Modified Bitumen Membranes
- Metal Roofing
- Demand by Type
- Producers
- Product Characteristics
- Cost Factors
- Elastomeric Roofing
- Demand by Type
- Product Characteristics
- Cost Factors
- Roofing Tile
- Demand by Type
- Producers
- Product Characteristics
- Cost Factors
- Plastic Roofing
- Demand by Type
- Producers
- Product Characteristics
- Thermoplastic Olefins
- Polyvinyl Chloride
- Spray Polyurethane Foams
- Other Plastic Roofing Products
- Cost Factors
- Wood Shingles & Shakes
- Demand by Type
- Product Characteristics
- Cost Factors
- Other Roofing Materials
- Composite & Recycled Roofing
- Green Roofs
- Photovoltaic Roofing
- All Other Roofing
IV. MARKETS
- General
- Residential
- New
- Reroofing
- Demand by Housing Type
- Single-Family
- Multifamily
- Manufactured Housing
- Nonresidential
- New
- Reroofing
- Demand by Building Type
- Office & Commercial
- Industrial
- Institutional
- Other Nonresidential
- Demand by Slope
V. REGIONS
- General
- Regional Demographic & Economic Trends
- Population Patterns
- Economic Outlook
- Construction Activity
- Housing Trends
- Regional Demand for Roofing
- Northeast
- New England
- Middle Atlantic
- Midwest
- East North Central
- West North Central
- South
- South Atlantic
- East South Central
- West South Central
- West
- Mountain
- Pacific
- Northeast
VI. INDUSTRY STRUCTURE
- General
- Industry Composition & Market Share
- Market Leaders
- GAFMC
- CertainTeed
- Firestone Building Products
- Owens Corning
- Other Leaders
- Product Segment Leaders
- Market Leaders
- Product Development & Manufacturing
- Competitive Strategies
- Marketing
- Distribution
- Financial Issues
- Mergers & Acquisitions
- Cooperative Agreements
- COMPANY PROFILES
- AEP Span, see BlueScope Steel
- Allied Building Products Corporation, see CRH plc
- American Buildings Company, see Nucor
- American Pacific Wood Products, see Clarke Group
- Architectural Metal Systems, see Nucor
- ASC Profiles, see BlueScope Steel
- ATAS International Incorporated
- Atlas Roofing Corporation, see Hood Companies
- Bakor Incorporated, see Henry Company
- BASF SE
- Berkshire Hathaway Incorporated
- Bitec Incorporated, see Index SpA
- BlueScope Steel Limited
- BMCA, see Building Materials Corporation of America
- Boral Limited
- Bridgestone Corporation
- Building Materials Corporation of America
- Canroof Corporation, see IKO Group
- Carlisle Companies Incorporated
- Ceco Building Systems, see NCI Building Systems
- CertainTeed Corporation, see Saint-Gobain
- Clarke Group
- CRH plc
- DECRA Roofing Systems, see Fletcher Building
- Duro-Last Roofing Incorporated
- EcoStar Incorporated, see Carlisle Companies
- ElkCorp, see Building Materials Corporation of America
- Euramax International Incorporated
- Fabral Incorporated, see Euramax International
- Fiberteq LLC, see IKO Group and Owens Corning
- Fletcher Building Limited
- GAF Materials Corporation, see Building Materials Corporation of America
- GenFlex Roofing Systems, see Bridgestone
- Gerard Roofing Technologies Incorporated, see Metals USA
- Hanson plc, see HeidelbergCement
- HeidelbergCement AG
- Henry Company
- Hood Companies
- Hunter Panels LLC, see Carlisle Companies
- Hyload Roofing Systems, see IKO Group
- IB Roof Systems
- Icopal A/S
- IKO Group
- Index SpA
- Johns Manville Corporation, see Berkshire Hathaway
- JPS Industries Incorporated
- Kirby Building Systems, see Nucor
- Koppers Incorporated
- Lafarge SA
- Ludowici Roof Tile, see Terreal
- MAGNATRAX Corporation, see Nucor
- Metal Building Components LP, see NCI Building Systems
- Metals USA Incorporated
- Monier Group GmbH
- MonierLifetile LLC, see Boral Limited and Monier Group
- MW/MB LLC, see IKO Group and TAMKO Building Products
- NCI Building Systems Incorporated
- North American Roofing Services
- Nucor Corporation
- Oldcastle Incorporated, see CRH plc
- OMNOVA Solutions Incorporated
- Owens Corning
- Petersen Aluminum Corporation
- Robertson Building Systems, see NCI Building Systems
- Saint-Gobain
- Siplast Icopal Incorporated, see Icopal A/S
- Star Building Systems, see NCI Building Systems
- Stevens Roofing Systems, see JPS Industries
- TAMKO Building Products Incorporated
- Terreal
- Trumbull Asphalt, see Owens Corning
- US Tile Company, see Boral Limited
- Vistawall Group, see CRH plc
- VP Buildings Incorporated, see BlueScope Steel
- Westile Incorporated, see CRH plc
- Other Companies Mentioned in the Study
LIST OF TABLES
SECTION I -- EXECUTIVE SUMMARY
- Summary Table
SECTION II -- MARKET ENVIRONMENT
- 1 Macroeconomic Indicators
- 2 Personal Consumption Expenditures
- 3 Consumer Financing Environment, 1997-2007
- 4 Population & Households
- 5 Building Construction Expenditures
- 6 Residential Building Construction Expenditures
- 7 New Housing Indicators
- 8 Housing Stock by Type
- 9 Residential Improvement & Repair Expenditures
- 10 Nonresidential Building Construction Expenditures
- 11 Nonresidential Building Improvement & Repair Expenditures
- 12 Nonresidential Building Stock
- 13 Selected Roofing Product Prices
- 14 Roofing Market, 1997-2007
- 15 US Roofing Products Foreign Trade
SECTION III -- PRODUCTS
- 1 Roofing Demand by Product
- 2 Asphalt Shingle Demand by Market
- 3 Asphalt Shingle Demand by Product & Material
- 4 Asphalt Shingles Installed Cost
- 5 Bituminous Low-Slope Roofing Demand by Market
- 6 Bituminous Low-Slope Roofing Installed Cost
- 7 Bituminous Sheet Roofing Consumed by Bitumen, Product & Application
- 8 Asphaltic Sheet Roofing Consumed by Product
- 9 Coal Tar Sheet Roofing Consumed by Product
- 10 Standard Roofing Felts Consumed by Material Type & Surface
- 11 Modified Bitumen Roofing Membranes Consumed by Material Type & Surface
- 12 Metal Roofing Demand by Market
- 13 Metal Roofing Demand by Type
- 14 Metal Roofing Installed Cost
- 15 Elastomeric Roofing Demand by Market
- 16 Elastomeric Roofing Demand by Type
- 17 Elastomeric Roofing Installed Cost
- 18 Roofing Tile Demand by Market
- 19 Roofing Tile Demand by Type
- 20 Roofing Tile Installed Cost
- 21 Plastic Roofing Demand by Market
- 22 Plastic Roofing Demand by Type
- 23 Plastic Roofing Installed Cost
- 24 Wood Shingle & Shake Demand by Market
- 25 Wood Shingle & Shake Demand by Type
- 26 Wood Shingle & Shake Installed Cost
- 27 Other Roofing Material Demand by Market
SECTION IV -- MARKETS
- 1 Roofing Demand by Market
- 2 Residential Roofing Demand by Product & Application
- 3 New Residential Roofing Demand by Product
- 4 Residential Reroofing Demand by Product
- 5 Residential Roofing Demand by Housing Type
- 6 Single-Family Housing Roofing Demand by Product & Application
- 7 Multifamily Housing Roofing Demand by Product & Application
- 8 Manufactured Housing Roofing Demand by Product & Application
- 9 Nonresidential Roofing Demand by Product & Application
- 10 New Nonresidential Roofing Demand by Product
- 11 Nonresidential Reroofing Demand by Product
- 12 Nonresidential Roofing Demand by Building Type
- 13 Office & Commercial Roofing Demand by Product & Application
- 14 Industrial Roofing Demand by Product & Application
- 15 Institutional Roofing Demand by Product & Application
- 16 Other Nonresidential Roofing Demand by Product & Application
SECTION V -- REGIONS
- 1 Population by Region
- 2 Gross Domestic Product by Region
- 3 Construction Expenditures by Region
- 4 Regional Housing Environment
- 5 Roofing Demand by Region
- 6 Northeast Roofing Demand by Subregion & Market
- 7 Midwest Roofing Demand by Subregion & Market
- 8 South Roofing Demand by Subregion & Market
- 9 West Roofing Demand by Subregion & Market
SECTION VI -- INDUSTRY STRUCTURE
- 1 US Roofing Sales for Selected Companies, 2007
- 2 Composite Financial Ratios: Selected Roofing Product Suppliers
- 3 Selected Acquisitions & Divestitures
- 4 Selected Cooperative Agreements
LIST OF CHARTS
SECTION II -- MARKET ENVIRONMENT
- 1 Year of Construction of Housing Stock, 2007
- 2 Roofing Prices, 1997-2017
- 3 Installed Cost for Selected Roofing Products, 2007
- 4 Roofing Market Growth, 1998-2007
SECTION IV -- MARKETS
- 1 Residential Roofing Demand by Housing Type, 2007
- 2 New Nonresidential Roofing Demand by Building Type, 2007
- 3 Nonresidential Reroofing Demand by Building Type, 2007
- 4 Roofing Demand by Slope, 2007
SECTION V -- REGIONS
- 1 Roofing Demand by Region, 2007
SECTION VI -- INDUSTRY STRUCTURE
- 1 US Roofing Market Share, 2007
