Consumer Articles - World Roofing to 2014
Concrete roofing tiles to be fastest growing product Concrete roofing tiles will post the fastest market increases of any major product type through 2014, stimulated by aboveaverage growth in building construction activity in developing Asian nations, where concrete tile accounts for the largest single share of roofing sales, and supported by rising standards of living in these areas, which are making concrete products more affordable to potential buyers. Asphalt shingles and plates and modified bitumen roofing will also exhibit good growth. Suppliers of asphalt shingles and plates will benefit from renewed strength in new single-family housing construction in the US and Canada, with competitive inroads against other steep-slope roofing materials in the smaller but fast-growing Chinese market also boosting overall product demand. Sales of modified bitumen roofing will be spurred by further competitive inroads in markets now served by built-up and roll roofing, aided by new product introductions.
New residential roofing to register strongest gains The residential reroofing market is the largest on a worldwide basis, accounting for 37 percent of all product sales in 2009. However, new residential construction roofing demand will register the strongest gains through 2014, bolstered by a rebound in new housing starts in the US, Japan and other developed countries. Use of roofing materials in new nonresidential buildings and additions will also expand at an above-average pace, driven by an acceleration in manufacturing production growth as the global economic environment improves.
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Related Reports :
Roofing http://www.bharatbook.com/detail.asp?id=132300&rt=Roofing.html
Commercial Roofing Materials: The North American Market http://www.bharatbook.com/detail.asp?id=145017&rt=Commercial-Roofing-Materials-The-North-American-Market.html
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