World roofing demand on the rise

by mdoyle | June 4, 2014 2:44 pm

Global demand for roofing products is expected to increase over the next five years. Photo © BigStockPhoto/Gordana Sermek[1]
Global demand for roofing products is expected to increase over the next five years. Photo © BigStockPhoto/Gordana Sermek

The demand for roofing is predicted to increase 3.7 per cent annually until the year 2018—a notable upturn over the past several years’ demand.

Market-research firm Freedonia Group has published the study, World Roofing, which attributes part of the recent growth in demand to a rebound in residential building construction in developed countries.

China has the largest roofing market, and is accountable for one-third of the market gains predicted into 2018. Further, the United States is expected to recover from the 2006 housing market downturn.

Significant gains have also been seen in non-residential construction applications. Overall, across all roofing markets, bituminous and tile products were the most popular choices last year and accounted for two-thirds of international demand, while fibre cement products are predicted to see a slight downturn.

Click here[2] for more information about the report.

Data © The Freedonia Group[3]
Data © The Freedonia Group

Endnotes:
  1. [Image]: https://www.constructioncanada.net/wp-content/uploads/2014/06/bigstock-Two-men-working-on-the-roof-29027417.jpg
  2. here: http://www.freedoniagroup.com/industry-study/3167/world-roofing.htm
  3. [Image]: https://www.constructioncanada.net/wp-content/uploads/2014/06/WORLD-ROOFING-DEMAND.jpg

Source URL: https://www.constructioncanada.net/world-roofing-demand-on-the-rise/

Copyright ©2025 Construction Canada unless otherwise noted.