NRCA 2016 market survey shows roofing industry trends

by Brianna Crandall — October 3, 2016 — The National Roofing Contractors Association (NRCA) has released its 2015-16 market survey providing information about overall sales volume trends in the roofing industry, roofing experiences, material usage and regional breakdowns.

NRCA says it is an important tool to measure the scope of the U.S. roofing industry, and the data provides a glimpse into which roof systems are trending in the low- and steep-slope roofing markets. Facilities managers who are contemplating a roof renovation project or part of a new construction project may benefit from the insights as well.

This year’s survey reports sales volumes for 2015 and 2016 projections averaged between $8 million and almost $9 million, respectively, and revealed a near-steady ratio of low- to steep-slope sales of 74% to 26%.

For low-slope roofs, TPO remains the market leader with a 40% share of the new construction market and 30% of the reroofing market for 2015. Asphalt shingles continue to dominate the steep-slope roofing market with a 47% market share for new construction and a 59% share for reroofing.

Polyisocyanurate insulation continues to lead its sector of the market with 80% of new construction and 73% of reroofing work.

In addition, roof cover board installation for 2015 was reported as 22% in new construction, 42% in reroofing tear-offs, and 36% in re-cover projects.

NRCA’s roofing industry market survey enables roofing contractors to compare their material usage with contractors in other regions, and provides manufacturers and distributors with data to analyze that can affect future business decisions. NRCA members may download a free electronic copy of the 2015-16 NRCA Market Survey (Electronic), and nonmembers may purchase the survey, from the NRCA Web site.