Grant Findley of Findley Roofing and Building discusses the future of the UK roofing industry…
IT PRACTICALLY goes without saying that the future is difficult to predict. A decade ago, George W Bush and Gordon Brown were the respective leaders of the US and the UK, while many developed countries were in credit crunch-induced recession; what could the next ten years be like?
If that’s hard to imagine for the world in general, think how tricky it could be to get any predictions right about the roofing industry of the late 2020s. Still, we could attempt a few educated guesses…
There will always be a market for roofing
Yes, we are rather stating the obvious here, given how vital roofs are for protecting us from adverse effects of various natural elements like rain and snow. Furthermore, for the roofing sector, there are seemingly promising opportunities to come in both developed and developing territories.
According to research carried out by Transparency Market Research and reported by RedfoxInfo, the roofing market is, globally, likely to show a CAGR (compound annual growth rate) of 6.5% in the run-up to 2024. However, what exactly would be driving such impressive growth?
The eco-friendly transition expected in roofing
Rising economies look likely to be a reliable source of ongoing business for companies in the roofing sector. This is because, in several of these territories, emigration from rural regions to growing urban centres could steadily grow, ensuring resilient demand for new housing and, thus, new roofing.
However, even in developed areas like North America and Europe, where the roofing market is much more mature, there could remain strong demand for renovation activities meant to ensure that existing roofs keep pace with changing environmental regulations.
It’s easy to overlook the eco-friendliness of roofing options that are already available in such markets. The North East England-based company Findley Roofing & Building, for example, can send roofers to Newcastle, Durham, Sunderland and other parts of the region to fit EPDM Firestone roofs that are environmentally friendly, recyclable and capable of lasting for up to 30 years.
Looking further ahead to MMC
As populations grow, this puts pressure on construction companies to keep building – or otherwise working on – more residences without curbing the structural quality of these homes. The missing piece for this particular puzzle could be MMC…
This acronym stands for “modern methods of construction” – and, in the UK, a government working group has started providing precise definitions for this term. The group described seven categories of MMC – from category one, 3D pre-manufactured systems, to category seven, site process-led improvements such as site process robotics or autonomous equipment and drones.
However, as acknowledged in an Inside Housing piece, any unfamiliar method of building homes needs to attract trust before gaining acceptance. Fortunately, in 2017, the London Assembly’s planning committee issued a report recognising that, for MMC technologies, a quality assurance scheme would be necessary in order to foster this trust.
Here, we can start to see an eye-opening future for the roofing market coming together – and all without us needing a single crystal ball…