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Learn about the Roofing
Market Wire, May, 2008
Reportlinker.com announces that a new market research report related to the Building materials industry is available in its catalogue.
Roofing
http://www.reportlinker.com/p089430/Roofing.html
US roofing market to surpass $15 billion in 2012
US roofing demand is forecast to grow nearly two percent per annum through 2012 to 280 million squares, valued at over $15 billion. Gains will be sparked by a more favorable outlook for new residential construction. After a period of sustained growth, housing construction contracted sharply in 2006 and 2007, resulting in a net decline in new residential roofing demand over the 2002-2007 period. As housing construction recovers through 2012, demand for roofing is projected to surge.
Reroofing will remain largest application
While new roofing applications are expected to grow the fastest through 2012, the majority of demand will continue to come from reroofing applications. In 2007, reroofing accounted for more than three-quarters of total roofing demand.
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