3 trends in the Roofing Industry You Need to Be aware of

Industry experts will explain what the numbers mean and how it can affect your roofing project and the choice of asphalt shingle.

The International Roofing Exposition is held every annually by the National Roofing Contractors Association (NRCA) (IRE). Professional contractors, asphalt shingle producers, and other roofing product manufacturers from all over North America discuss themes that are relevant for both homeowners and contractors including roofing industry trends.

Advosy roofers, repair a roof while roofing shingle bundles are put on top of the roof, placing underlayment on a deck and nailing shingles to the roof, laying down the underlayment on a deck and nailing shingles to roof roofers, attaching asphalt shingles to the roof . Roof replacements account for the major portion of residential contractors' work even though the number of new homes built is forecast to rise.

Forecasts of sales

For all applications of replacements for roofs sold or not asphalt shingles that are steep-sloped remain the best option and metal roofing is being a distant third. This anticipated rise is fantastic news for the roofing industry in residential homes but what does it mean for homeowners planning to replace their roofs?

Several things must be taken into account. Asphalt shingle manufacturers will need to increase production to meet projected demand.

As a homeowner, you must be sure that the roofing contractor from Avondale that you're thinking of hiring has timely access to the profile of asphalt shingles and the colour you want. It is also possible for reputable roofers to be highly busy, so throw in some time to wait for availability into your project's timetable, unless your roof needs urgent repairs.

There are so many unknown variables in the equation, it's nearly impossible to determine how demand and supply will affect pricing. The cost of petroleum-based components used in the manufacture of asphalt shingles regardless of whether they are produced domestically or imported is just one of many.

Changes in the climate

Everyone has been talking about the weather more than normal across the country and across the globe. To account for the extreme cold and snow that has been observed in areas where winters are generally subtropical, "global warming" has been changed to "climate changing." In a residential neighborhood, a massive hail ballstoranado swirling flooding

The river is overflowing

Extremely rare and devastating storms ravaged the nation. Huge hailstones pounded Georgia and Tennessee while twisters and tornadoes wreaked havoc across Oklahoma and Kansas and massive snowpacks of Cali's Sierra Nevada melted, threatening power dams and flooding large areas and bringing an end to long periods of drought.

 

Extreme weather played a major factor in increasing sales of roofing and production. "This is one of the largest storm seasons we've seen in the past four years and the roofing market was certainly up," said Keith Lowe the Vice President Sales for IKO. We anticipate this trend to persist into 2017 and beyond, since the storm season isn't expected to slow down."

The data on storms provided by the National Oceanic and Atmospheric Administration (NOAA) is in agreement, saying that there 2037 major storms that impacted the country in the year 2016. While this is a little increase, it was the most in three years, creating disruption to the asphalt shingle supply chain.

If you're planning to repair or replace the roof of your home, you should take into account the recent climate shifts in the area you live in and select asphalt shingles that are suitable for the current climate.

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