World demand for roofing materials is forecast to grow 3.7 percent annually
through 2016 to 11.8 billion square meters, a substantial acceleration from
the slow growth of the market during the 2006-2011 period. Product sales in
dollar terms are projected to grow more quickly, increasing 6.2 percent per
year to $108 billion in 2016 as roofing prices rise. 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 US rebound from
their recent weakness. Further growth will be supported by continued gains in
developing markets, particularly in the Asia/Pacific region.
US, China to remain key national roofing markets
Two countries, the US and China, will together account for nearly 60 percent
of global gains in roofing demand in square meters through 2016. China, the
world's largest market for roofing products in 2011, will continue its trend
of strong growth and account for more than 30 percent of world market gains.
The US, which experienced a collapse in new housing construction that began in
2006, will rebound significantly, but the US roofing market in 2016 will still
be slightly below 2006 levels. Strong growth is also expected in a number of
smaller developing nations, including India, Indonesia and South Africa.
Although some developed countries will see fast rebound-fueled growth similar
to the US, market gains will typically be smaller than in developing areas. In
fact, Western Europe will be the slowest growing regional roofing market
through 2016.
Bituminous roofing to be fastest growing material
The mix of roofing materials used tends to vary from country to country, but
bituminous and tile (clay and concrete) products dominate the global market,
together accounting for 70 percent of demand in area terms. Bituminous
products will post the fastest growth through 2016, primarily due to the heavy
usage of asphalt shingles in the rebounding US market. The US, which uses
shingles far more intensively than most other nations, will account for more
than 80 percent of worldwide growth in demand for these products, thanks to a
major recovery in new single-family housing construction.
Demand for concrete roofing tiles will also show strong growth, particularly
in the developing Asia/Pacific region, where concrete tiles account for the
largest share of roofing demand.
New residential roofing to be fastest growing market
Roofing demand can be divided into residential and nonresidential building
segments, each consisting of new construction and maintenance/repair
(reroofing) applications. The residential reroofing market is the largest of
these four segments, accounting for 36 percent of global product sales in
square meters in 2011. However, recovery of residential construction in
developed countries will lead the new residential roofing market to be the
fastest growing through 2016. Growth will be somewhat slower in the
nonresidential markets, where a steadier recent historical trend will lead to
a less significant rebound effect. Gains in nonresidential roofing demand will
still be stronger compared to the 2006 to 2011 period, and will be headed by
expansion in developing markets throughout the Asia/Pacific and Africa/Mideast
regions.
Study coverage
Details on these and other findings are contained in the Freedonia industry
study, “World Roofing”, which presents historical demand
data (2001, 2006, 2011) as well as forecasts for 2016 and 2021 by material,
market, world region and for 29 countries. The study also considers market
environment factors, evaluates company market share and profiles global
industry competitors.
Freedonia's methods involve:
Establishing consistent economic and market forecasts
Using input/output ratios, flow charts and other economic methods to
quantify data
Employing in-house analysts who meet stringent quality standards
Interviewing key industry participants, experts and end users
Researching a proprietary database that includes trade publications,
government reports and corporate literature
Table of Contents
INTRODUCTION
I. EXECUTIVE SUMMARY
II. MARKET ENVIRONMENT
General
World Economic Overview
Recent Historical Trends
World Economic Outlook
World Building Construction Expenditures
Residential Building
Nonresidential Building
World Demographic Overview
Population
Households
World Housing Stock
Materials & Technology Trends
Pricing Patterns
Legal & Regulatory Environment
III. OVERVIEW
General
Regional Overview
Demand
Production
International Trade
Demand by Product
Bituminous Roofing
Shingles & Plates
Built-Up & Roll Roofing
Modified Bitumen
Tile Roofing
Concrete
Clay
Metal Roofing
Fiber Cement Roofing
Elastomeric Roofing
Plastic Roofing
Other Roofing
Demand by Market
Residential
Nonresidential
IV. NORTH AMERICA
General
Roofing Supply & Demand
Roofing Demand by Product
Roofing Demand by Market
United States
Canada
Mexico
V. WESTERN EUROPE
General
Roofing Supply & Demand
Roofing Demand by Product
Roofing Demand by Market
Germany
France
United Kingdom
Italy
Spain
Other Western Europe
VI. ASIA/PACIFIC
General
Roofing Supply & Demand
Roofing Demand by Product
Roofing Demand by Market
China
India
Japan
Indonesia
Thailand
South Korea
Other Asia/Pacific
VII. OTHER REGIONS
Central & South America
Brazil
Other Central & South America
Eastern Europe
Russia
Other Eastern Europe
Africa/Mideast
Turkey
Iran
Other Africa/Mideast
VIII. INDUSTRY STRUCTURE
General
Industry Composition
Market Share
Product Development & Manufacturing
Marketing & Distribution
Cooperative Agreements
Mergers & Acquisitions
COMPANY PROFILES
AHI Roofing, see Fletcher Building
American Building Components, see NCI Building Systems
American Buildings, see Nucor
Ardoisieres D'Angers, see Imerys
ASC Profiles, see BlueScope Steel
Atlas Roofing, see Hood Companies
BASF SE
Berkshire Hathaway Incorporated
BlueScope Steel Limited
Boral Limited
Bramac Dachsysteme International, see Monier Group
Bridgestone Corporation
Building Materials Corporation of America
Butler Manufacturing, see BlueScope Steel
Canroof, see IKO Group
Caribbean Roof Tile, see Boral
Carlisle Companies Incorporated
Cembrit Holding, see FLSmidth
CertainTeed, see Saint-Gobain
China National Building Material Group Corporation
CPAC Roof Tile, see Monier Group and Siam Cement Public
DECRA Roofing Systems, see Fletcher Building
Duro-Last Roofing Incorporated
Eternit, see Etex Group
Etex Group SA
Fiberteq, see IKO Group and Owens Corning
Firestone Building Products, see Bridgestone
Fletcher Building Limited
FLSmidth & Company A/S
GAF Materials, see Building Materials of America
GenFlex Roofing Systems, see Bridgestone
Hanson Roof Tile, see HeidelbergCement
HeidelbergCement AG
Henry Company
Hertalan Holding, see Carlisle Companies
Hood Companies
Hunter Panels, see Carlisle Companies
Hyload, see IKO Group
Icopal A/S
IKO Group
Imerys SA
Insulfoam, see Carlisle Companies
Johns Manville, see Berkshire Hathaway
Kirby Building Systems, see Nucor
Kubota Corporation
Lemminkainen Oyj
Ludowici Roof Tile, see Terreal
Manning Home Roof System, see Monier Group
Mapei SpA
Metal Building Components, see NCI Building Systems
Metl-Span, see NCI Building Systems
Monier Group GmbH
MonierLifetile, see Boral
MW/MB, see IKO Group and TAMKO Building Products
NCI Building Systems Incorporated
Nucor Corporation
OCV Non-Woven Technologies, see Owens Corning
Onduline SA
Owens Corning
PDT Phoenix, see Carlisle Companies
POLYGLASS, see Mapei
Port Kembla Steelworks, see BlueScope Steel
PT Keramika Indonesia Assosiasi Tbk, see Siam Cement
Public
Rautaruukki Oyj
Saint-Gobain
Sandtoft Roof Tiles, see Wienerberger Baustoffindustrie
Sanko Metal Industrial Company Limited
Siam Cement Public Company Limited
Sika AG
Soprema SA
Steelscape, see BlueScope Steel
Styrolution Group, see BASF
Tajima Roofing Incorporated
Tallant Industries, see Onduline
TAMKO Building Products Incorporated
Tejas Cobert, see Monier Group and Uralita
Terreal
Tondach Gleinstatten, see Wienerberger Baustoffindustrie
Trelleborg AB
Uralita SA
US Tile, see Boral
Vulcraft, see Nucor
Wienerberger Baustoffindustrie AG
ZZ Wancor, see Wienerberger Baustoffindustrie
LIST OF TABLES
SECTION I -- EXECUTIVE SUMMARY
Summary Table
SECTION II -- MARKET ENVIRONMENT
World Gross Domestic Product by Region
World Building Construction Expenditures by Type & Region
World Residential Building Construction Expenditures by Region
World Nonresidential Building Construction Expenditures by Region
World Population by Region
World Households by Region
World Housing Stock by Type & Region
World Roofing Prices
SECTION III -- OVERVIEW
World Roofing Market Environment
World Roofing Demand by Region
World Roofing Production by Region
World Roofing Net Exports by Region
World Roofing Demand by Product
World Bituminous Roofing Demand by Type & Region
World Tile Roofing Demand by Type & Region
World Metal Roofing Demand by Region
World Fiber Cement Roofing Demand by Region
World Elastomeric Roofing Demand by Region
World Plastic Roofing Demand by Region
World Other Roofing Demand by Region
World Roofing Demand by Market
World Residential Roofing Demand by Application & Region
World Nonresidential Roofing Demand by Application & Region
SECTION IV -- NORTH AMERICA
North America: Roofing Supply & Demand
North America: Roofing Demand by Product
North America: Roofing Demand by Market
United States: Roofing Supply & Demand
United States: Roofing Demand by Product
United States: Roofing Demand by Market
Canada: Roofing Supply & Demand
Canada: Roofing Demand by Product
Canada: Roofing Demand by Market
Mexico: Roofing Supply & Demand
Mexico: Roofing Demand by Product
Mexico: Roofing Demand by Market
SECTION V -- WESTERN EUROPE
Western Europe: Roofing Supply & Demand
Western Europe: Roofing Demand by Product
Western Europe: Roofing Demand by Market
Germany: Roofing Supply & Demand
Germany: Roofing Demand by Product
Germany: Roofing Demand by Market
France: Roofing Supply & Demand
France: Roofing Demand by Product
France: Roofing Demand by Market
United Kingdom: Roofing Supply & Demand
United Kingdom: Roofing Demand by Product
United Kingdom: Roofing Demand by Market
Italy: Roofing Supply & Demand
Italy: Roofing Demand by Product
Italy: Roofing Demand by Market
Spain: Roofing Supply & Demand
Spain: Roofing Demand by Product
Spain: Roofing Demand by Market
Other Western Europe: Roofing Supply & Demand
Other Western Europe: Roofing Demand by Product
Other Western Europe: Roofing Demand by Market & Country
SECTION VI -- ASIA/PACIFIC
Asia/Pacific: Roofing Supply & Demand
Asia/Pacific: Roofing Demand by Product
Asia/Pacific: Roofing Demand by Market
China: Roofing Supply & Demand
China: Roofing Demand by Product
China: Roofing Demand by Market
India: Roofing Supply & Demand
India: Roofing Demand by Product
India: Roofing Demand by Market
Japan: Roofing Supply & Demand
Japan: Roofing Demand by Product
Japan: Roofing Demand by Market
Indonesia: Roofing Supply & Demand
Indonesia: Roofing Demand by Product
Indonesia: Roofing Demand by Market
Thailand: Roofing Supply & Demand
Thailand: Roofing Demand by Product
Thailand: Roofing Demand by Market
South Korea: Roofing Supply & Demand
South Korea: Roofing Demand by Product
South Korea: Roofing Demand by Market
Other Asia/Pacific: Roofing Supply & Demand
Other Asia/Pacific: Roofing Demand by Product
Other Asia/Pacific: Roofing Demand by Market & Country
SECTION VII -- OTHER REGIONS
Central & South America: Roofing Supply & Demand
Central & South America: Roofing Demand by Product
Central & South America: Roofing Demand by Market
Brazil: Roofing Supply & Demand
Brazil: Roofing Demand by Product
Brazil: Roofing Demand by Market
Other Central & South America: Roofing Supply & Demand
Other Central & South America: Roofing Demand by Product
Other Central & South America: Roofing Demand by Market & Country
Eastern Europe: Roofing Supply & Demand
Eastern Europe: Roofing Demand by Product
Eastern Europe: Roofing Demand by Market
Russia: Roofing Supply & Demand
Russia: Roofing Demand by Product
Russia: Roofing Demand by Market
Other Eastern Europe: Roofing Supply & Demand
Other Eastern Europe: Roofing Demand by Product
Other Eastern Europe: Roofing Demand by Market & Country
Africa/Mideast: Roofing Supply & Demand
Africa/Mideast: Roofing Demand by Product
Africa/Mideast: Roofing Demand by Market
Turkey: Roofing Supply & Demand
Turkey: Roofing Demand by Product
Turkey: Roofing Demand by Market
Iran: Roofing Supply & Demand
Iran: Roofing Demand by Product
Iran: Roofing Demand by Market
Other Africa/Mideast: Supply & Demand
Other Africa/Mideast: Roofing Demand by Product
Other Africa/Mideast: Roofing Demand by Market & Country
SECTION VIII -- INDUSTRY STRUCTURE
World Roofing Sales by Company, 2011
Selected Cooperative Agreements
Selected Acquisitions & Divestitures
LIST OF CHARTS
SECTION II -- MARKET ENVIRONMENT
World Building Construction Expenditures by Region, 2011
World Roofing Prices, 2001-2021
SECTION III -- OVERVIEW
World Roofing Demand by Region, 2011
World Roofing Demand Projected 2011-2016 Annual Rate
of Area Growth
World Roofing Production by Region, 2011
World Roofing Demand by Product, 2011
World Roofing Demand by Market, 2011
SECTION IV -- NORTH AMERICA
North America: Roofing Demand by Country, 2011
North America: Roofing Demand by Product, 2011
SECTION V -- WESTERN EUROPE
Western Europe: Roofing Demand by Country, 2011
Western Europe: Roofing Demand by Product, 2011
SECTION VI -- ASIA/PACIFIC
Asia/Pacific: Roofing Demand by Country, 2011
Asia/Pacific: Roofing Demand by Product, 2011
SECTION VII -- OTHER REGIONS
Central & South America: Roofing Demand by Country, 2011
Central & South America: Roofing Demand by Product, 2011