by Corinne Gangloff
January 12, 2022
Cleveland OH, January 12, 2022 – While asphalt shingles will continue to account for the largest share of US roofing demand through 2025, a new Freedonia Group analysis projects that metal products – particularly standing seam metal roofing – will post above average demand growth:
Standing seam roofing will continue to account for the largest share of metal roofing demand, supported by its favorable performance properties and ability to be used as both low- and steep-slope roofing. However, metal shingles, shakes, and tiles will see the fastest growth going forward, boosted by increasing use of these products in the residential market as homeowners seek more durable alternatives to asphalt shingles.
The Freedonia Group projects US demand for roofing to rise modestly through 2025, when it will total 277.8 million squares. Although roofing demand rose rapidly in 2021 as housing starts surged and homeowners with the means to do so engaged in reroofing projects, demand for roofing will moderate beginning in 2022. Additionally, average gains will be slowed by the elevated base in 2020.
In value terms, roofing demand will advance at a more rapid pace – 6.7% annually to $23.1 billion in 2025 – as consumers increasingly opt for (generally more expensive) products that offer superior performance and aesthetic properties, such as laminated asphalt shingles and metal roofing.
Want to Learn More?
Roofing, now available from the Freedonia Group, analyzes US roofing demand by product, application (new vs. reroofing), market, slope (steep-slope vs. low slope), installation type (self-adhesive membranes, mechanically attached), and US geographic region. Demand is provided in both area terms (squares) and value terms (US dollars).
Roofing product demand is segmented by the following products (and types):
Demand for roofing in the residential market is also analyzed by housing type:
Demand for commercial roofing is analyzed by building type:
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