Freedonia In The News
Article Title: http://www.homechannelnews.com
By: Ken Clark
Publication: Home Channel News, 7/9/2012
Freedonia Study: Roofing (2814)
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World demand for roofing materials is forecast to grow 3.8% annually through 2016, a substantial acceleration from the lethargic performance of the market during the 2006 to 2011 period, according to a study released by The Freedonia Group, a Cleveland-based industry market research firm.
Gains in demand will be fueled by a major uptick in residential building construction activity as construction industries in major developed nations, such as the U.S., rebound from their recent weakness, the study said. Further growth will be supported by continued gains in developing markets, particularly in Asia.
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