Market Overview

The Metal Roofing Market in the US by Product, End-User and Subregion: Analysis & Forecast 2006, 2011, 2016 and 2021 - ResearchAndMarkets.com

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The "Metal
Roofing in the US by Product, Market and Subregion"
report has
been added to ResearchAndMarkets.com's offering.

This industry study presents historical sales and demand data (2006,
2011, and 2016) and forecasts for 2021 by product (standing seam, other
metal panels, and tiles, shingles, and shakes), end-user (new
commercial, commercial reroofing, and residential), and US subregion.

The study also evaluates company market share and provides competitive
analysis on industry participants, including:

  • BlueScope Steel
  • NCI Building Systems
  • Nucor

Metal Roofing to See Rising Use Because of its Resistance to
Wind, Hail and Rain

Gains will be boosted by increasing interest among home and business
owners in installing durable roofing materials that can withstand uplift
caused by high winds and damage caused by hailstorms and exposure to the
elements. The heavy weight and durable nature of metal roofing products
makes them highly resistant to the damaging effects of hurricanes and
severe storms.

Reroofing Older Homes with Metal Roofing to Spur Residential
Demand

The residential market will see the more rapid demand gains for metal
roofing through 2021. While rising housing starts will boost demand, the
nation's large stock of older homes -many of which have roofing at
or near its expected lifespan-
will offer superior growth prospects.

In some instances, insurers will require homeowners to replace older,
less durable roofing materials with newer products -such as
steep-slope standing seam roofing-
that meet modern building codes
for wind and hail resistance. In other cases, homeowners will take it
upon themselves to install new roofs to enhance the exterior appearance
of their residences while also reducing the need for future repairs.

Cool Roofing, Energy Efficiency to Support Metal Roofing
Installations

Metal roofing demand will also be supported by strong interest in
improving energy efficiency. Construction professionals are increasingly
using environmentally friendly roofing materials to reduce energy
consumption and lower utility bills.

Light colored metal roofing can deflect sunlight and minimize heat
transfer, keeping buildings -especially in the South and West-
cooler in the summer. Insulated metal panels can be installed to prevent
heat loss and keep buildings warmer in areas of the US where winter
conditions are particularly harsh.

Looming Worker Shortage to Boost Use of Prefabricated Roof Panels

There is increasing concern about a lack of skilled tradespeople in
construction fields - with the roofing industry among those that will be
most affected by a potential shortage of craftspeople.

One way in which contractors and architects will mitigate the effects of
a worker shortage will be to increase the use of prefabricated metal
buildings and components -such as roof assemblies- in
construction jobs, as these units can be quickly erected by a small work
crew.

For more information about this report visit https://www.researchandmarkets.com/research/53642r/the_metal_roofing?w=4

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