Plastic Roofing Demand to Reach 35.6 Million Squares in 2021

TPO membranes have seen the most rapid growth over the past decade

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Jul 26, 2017, 12:08 ET

CLEVELAND, July 26, 2017 /PRNewswire/ -- Plastic roofing demand is projected to advance to 35.6 million squares in 2021 at the most rapid pace of all low-slope materials. Demand gains for plastic roofing will be driven by such factors as strong consumer interest in the use of TPO membranes due to their favorable performance properties; contractor preference for single-ply membranes instead of multi-ply BUR systems; widespread availability of easy-to-install self-adhesive membranes; and rising use of environmentally friendly white and light colored roofing materials. These and other trends are presented in Low-Slope Roofing Market in the US, a new study from The Freedonia Group, a Cleveland-based industry research firm.

TPO membranes have seen the most rapid growth over the past decade -- and will continue to see demand gains going forward -- due to their favorable performance properties and low cost. However, each type of plastic roofing has attributes suitable for use in low-slope roofing applications.

US demand for all types of low-slope roofing is forecast to rise modestly through 2021, reaching 111 million squares, valued at $8.9 billion.

Gains will be supported by:

the need to replace older or worn roofing materials, such as those installed as part of BURs or first-generation rubber and plastic products
increasing interest in replacing older roofing with products that can improve energy efficiency
strong growth in the construction of structures with low-slope roofs, such as office buildings, retail complexes, and educational facilities

More information about the study is available at https://www.freedoniagroup.com/industry-study/low-slope-roofing-in-the-us-by-product-market-and-subregion-3525.htm

Related studies include:

#3518 Asphalt Shingles Market in the US (May 2017)
#3497 Roofing Distribution in the US (March 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. Additional Construction & Building Products studies can be purchased at www.freedoniagroup.com, www.marketresearch.com and www.profound.com.

Press Contact:
Corinne Gangloff
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SOURCE The Freedonia Group