Commercial Roofing Materials in N.A. to be Worth $5.9 Billion by 2014
The largest segment of the market, metal roofing products, is expected to reach $875 million by 2014, after increasing at a CAGR of 12% from the estimated 2009 value of $496 million. The spray polyurethane foam (SPF) segment was the second-largest in 2009 and is expected to increase from a value of $420 million in 2009 to nearly $1.1 billion by 2014, for a CAGR of 20.6%. The third-largest segment in 2009, thermoplastic polyolefin (TPO), is projected to increase at a CAGR of 3.8% through 2014, rising from $336 million to $406 million.
The green roof segment, though relatively small, is expected to increase at the highest CAGR, 24.5%, from 2009 to 2014, growing from $28 million to more than $83 million.
The range of products currently on the market is very broad, far exceeding the ability of any sole distributor to stock and wider than most industry observers may be aware of. There are many smaller producers today that have the capability of growing into major brands tomorrow. Some of these future success stories will ride the wave of demand for new products, such as building-integrated photovoltaic (BIPV) roofing products that are increasingly finding their way into the mainstream of roofing alternatives.
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