RC: How would you assess the state of the roofing industry in 2022?
Rick Duncan (RD): Unlike new construction, where spray foam insulation is installed and often serves the entire life of the building, existing buildings will need roof retrofits, which spray foam supports. For this reason, the spray foam roofing market has been relatively stable. As an industry, we probably have not grown the market share of spray foam roofing as much as we could have, but demand has remained consistent and we don’t foresee any major shifts in that during 2022.