|FOR IMMEDIATE RELEASE||CONTACT: Charlotte Norgaard|
|Date: Sept. 26, 2016||(847) 493-7548|
NRCA's 2016 Market Survey Shows the Roofing Industry Remains Strong
Rosemont, Ill.The National Roofing Contractors Association (NRCA) has released its 2015-16 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 2015 and 2016 projections averaged between $8 million and almost $9 million, respectively, and revealed a near-steady ratio of low- to steep-slope sales of 74 percent to 26 percent.
For low-slope roofs, TPO remains the market leader with a 40 percent share of the new construction market and 30 percent of the reroofing market for 2015. Asphalt shingles continue to dominate the steep-slope roofing market with a 47 percent market share for new construction and a 59 percent share for reroofing.
Polyisocyanurate insulation continues to lead its sector of the market with 80 percent of new construction and 73 percent of reroofing work.
In addition, roof cover board installation for 2015 was reported as 22 percent in new construction, 42 percent in reroofing tear-offs and 36 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. NRCA members may download a free electronic copy of the 2016 survey by visiting www.nrca.net/store/detail/2015-16-nrca-market-survey/1557.
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.