Roofing Industry Trends 2018

The fastest growing market for the industry however is metal roofing which is growing at a 5 8 cagr.

Roofing industry trends 2018.

Everything from an increased use in drones environmentally friendly designs and products and new marketing tools to help companies streamline their businesses are becoming staples for roofing contractors. There are currently over 50 000 establishments engaged in the installation roofing siding and sheet metal work valued at a total of 31 4 billion. Roofing industry outlook for 2018 and beyond 4 notable roofing trends to watch. The residential and commercial roofing industries have already seen numerous trends emerging in 2018 and many of the trends predicted at the end of 2017 are coming to fruition.

Roofing contractor recently released its annual state of the industry report and survey 2018 the survey which has been conducted for the past 10 years to gauge the status of the north american roofing industry examines trends products technology and challenges. The roofing industry is expected to grow to 5 3 billion over the next several years. Roofing industry statistics and trends. Asphalt shingles might still be fairly common but modified bitumen roofing elastomeric roofing and even green roofing options are available to home and building owners today.

The residential roofing market is expected to grow as more of the nation s older. A large roofing manufacturer first established in 1886 that now boasts 3 200.