Silicone Roof Coating Demand to Grow over 5% Annually
December 4, 2017 (Investorideas.com Newswire) Demand for silicone liquid-applied roof coatings is forecast to rise 5.1% annually to 2.44 million squares in 2021. This above average growth rate will be spurred by rapid gains for cool roofing applications as roofing professionals opt for coatings that meet CRRC cool roofing guidelines while also offering superior performance properties. Silicone roof coatings offer the benefit of more moisture resistance compared to acrylic and asphalt products. A shortage of trained roofing installers will also impact growth, as silicone coatings can be completely installed in a few days using only moderately skilled crews. These and other trends are presented in Liquid-Applied Roof Coatings in the US, a new study from The Freedonia Group, a Cleveland-based industry research firm.
Demand for silicone liquid-applied roof coatings in the South - the largest regional market for these products in 2016 - is forecast to advance at the most rapid pace of all US regions, rising 5.9% annually to 960,000 squares in 2021. In this region, the South Atlantic subregion will see the most rapid gains due in part to the application of silicon coatings to existing roofs in the large Florida market to minimize roof damage in case of future hurricanes and tropical storms.
As a whole, liquid-applied roof coatings are forecast to advance 3.2% annually through 2021 to 13.9 million squares. Gains will be promoted by:
- rising interest in coatings that meet cool roofing criteria to improve buildings' energy efficiency
- increasing use of coatings to rejuvenate older or worn roofs, rather than engaging in more costly reroofing projects
- contractors applying coatings to newly installed roofs to greatly extend the lifespan of primary roofing materials
Liquid-Applied Roof Coatings in the US (published 11/2017, 128 pages) is available for $4500 from The Freedonia Group. For further details or to arrange an interview with the analyst, please contact Corinne Gangloff by phone 440.684.9600 or email firstname.lastname@example.org.
Related studies include:
- #3564 Roofing: US Forecasts, 15th Edition (September 2017)
- #3532 Metal Roofing Market in the US (August 2017)
- #3525 Low-Slope Roofing Market in the US (July 2017)
About The Freedonia Group, a division of MarketResearch.com - The Freedonia Group is a leading international industrial research company publishing more than 100 studies annually. Since 1985, we have provided research to customers ranging in size from global conglomerates to one-person consulting firms. More than 90% of the industrial companies in the Fortune 500 use Freedonia Group research to help with their strategic planning. Construction & Building studies can be purchased at www.freedoniagroup.com, www.marketresearch.com, and www.profound.com.
HomebuilderStocks.com - investing ideas in homebuilder stocks/real estate stocks and industry
Like Homebuilder Stocks? View our Homebuilder Stocks Directory
This news is published on the Investorideas.com Newswire - a global digital news source for investors and business leaders
Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release on the Investorideas.com newswire http://www.investorideas.com/News-Upload/
Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.