Roofing contractors continue to cope with fluctuating economic indicators as they try and stretch the peak season. Interest rates are high, inflation still persists and the labor market appears to be plentiful – except in the specialized construction trades. Yet coatings continue to be an answer, or at least a fair level of consistency amid the uncertainty.
Analysts say the market for roof coatings – cool roof coatings, in particular – grew to more than $1 billion in 2021, and could double within the next decade. Roofers already in the coatings market believe it. Results from RC’s latest annual survey of roofing contractors showed the number of contractors involved with coatings products surpassed both low-slope and steep-slope asphalt for the first time. Nearly half of all respondents indicated that coatings sales increased over the prior year, and most expected those sales to rise over the next three years.
Think you’re ready to conquer the roof coatings market? First, test your knowledge here with questions below.