3 trends within the Roofing Industry You Need to Know
Industry experts will explain what the numbers mean and how they will affect your roofing project and the selection of asphalt shingles.
The International Roofing Exposition is held every during the calendar year of the National Roofing Contractors Association (NRCA) (IRE). Professional contractors, asphalt shingle producers, and other manufacturers of roofing products from all over North America discuss themes that can be relevant to contractors and homeowners like roofing industry trends.
Roofers repairing a roof while roofing shingle bundles get placed on top of roof roofers, placing underlayment on a deck and nailing shingles onto the roofroofers, laying down the underlayment on decks and nailing the shingles to the roofroofers attaching asphalt shingles to a roof .Roof replacements account for the most the work of residential contractors, even though new house starts are expected to increase.
Forecasts of sales
In all cases of replacements for roofs sold or not, steep-slope asphalt shingles remain the preferred option and metal roofing an unintentional second. The expected increase is good news for the roofing industry in residential homes but what does this mean for those who are planning to replace their roofs?
A variety of factors must be taken into account. Asphalt shingle manufacturers will need to ramp up production volumes to meet the projected demand.
As homeowner, look into whether the roofing contractor from Avondale that you're considering has access to the profile of asphalt shingles and the color you'd like. You may also anticipate respectable roofing contractors to be busy, so you should incorporate a reasonable waiting period for availability into your project's schedule, unless the roofing needs emergency repairs.
Due to the numerous other unknown variables that are not known there is no way to know how demand and supply affect pricing. The cost of petroleum-based materials that are used in the production of asphalt roofing shingles regardless of whether they're imported or manufactured domestically, is one example among many.
Climate change
Everyone has been discussing the weather in greater detail than normal across the country and around the world. To account for severe cold, snow and ice conditions observed in regions in which winters are typically subtropical, "global warming" has been changed to "climate changing." In a residential neighbourhood, a massive hail ballstoranado swirling flooding
The River is flooding
Extremely rare and destructive storms ravaged the country. Large hailstones fell on Georgia and Tennessee with tornadoes and twisters caused havoc in Oklahoma and Kansas as well as massive accumulations of snow in the Southern California's Sierra Nevada melted, threatening power dams and flooding large areas and bringing an end many years of drought.
The extreme weather played an important factor in increasing sales of roofing and production. "This was among the most severe storm seasons we've seen in the last four years and the demand for roofing was definitely on the rise," said Keith Lowe Vice President of Sales for IKO. We anticipate this trend to continue into 2017 and beyond, since the storm season is not expected to slow down."
The data on storms provided by the National Oceanic and Atmospheric Administration (NOAA) affirms that there was a record number of major storms, 20,237 in 2016. While this isn't an enormous increase, it was also the most in three years, causing an interruption in the supply chain of asphalt shingle.
If you're planning replacing your roofing, you should take into account recent climate shifts in the area you live in and select asphalt shingles that are suitable for the current climate.
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