|FOR IMMEDIATE RELEASE||CONTACT: Charlotte Norgaard|
|Date: July 1, 2015||(847) 493-7548|
NRCA Releases 2015 Market Survey Reflecting Strong Roofing Industry
Rosemont, Ill.—The National Roofing Contractors Association (NRCA) has released its 2014-15 market survey providing information about overall sales volume trends in the roofing industry, roofing experiences, material usage and regional breakdowns. It is an important tool to measure the scope of the U.S. roofing industry, and the data provides a glimpse into which roof systems are trending in the low- and steep-slope roofing markets.
This year's survey reports sales volumes for 2014 and 2015 projections averaged between $7 million and just more than $8 million, respectively, and revealed a near-steady ratio of low- to steep-slope sales of 72 percent to 28 percent.
For low-slope roofs, TPO remains the market leader with a 31 percent share of the new construction market and 26 percent of the reroofing market for 2014. Asphalt shingles continue to dominate the steep-slope roofing market with a 44 percent market share for new construction and a 58 percent share for reroofing.
Polyisocyanurate insulation continues to lead its sector of the market with 75 percent of new construction and 70 percent of reroofing work.
In addition, roof cover board installation for 2014 was reported as 24 percent in new construction, 46 percent in reroofing tear-offs and 30 percent in re-cover projects.
NRCA's market survey enables roofing contractors to compare their material usage with contractors in other regions, and provides manufacturers and distributors with data to analyze, which can affect future business decisions. For additional findings from the survey, visit www.nrca.net/store/detail/2014-15-nrca-market-survey/1405.
NRCA is one of the construction industry's most respected trade associations and the voice and leading authority in the roofing industry for information, education, technology and advocacy. It represents all segments of the roofing industry, including contractors; manufacturers; distributors; architects; consultants; engineers; building owners; and city, state and government agencies. NRCA's mission is to inform and assist the roofing industry, act as its principal advocate and help members in serving their customers. NRCA continually strives to enhance every aspect of the roofing industry. For information about NRCA and its services and offerings, visit www.nrca.net.