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US Roofing Accessories Industry to Grow Well in the Near Future

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In a recent study by the industry market research entity, The Freedonia Group, it is found that the demand for roofing accessories in the US is expected to increase by 3.6% per annum in the coming years. It is predicted to reach $6.5 billion by 2023. Various roofing accessories such as roofing underlayment, fasteners, flashing, compounds, and cover boards would be required in large numbers in the coming years. The growing demand for roofing accessories can be credited to the increase in the overall roofing activity at the residential and commercial level.

According to the Cleveland-based research firm, The Freedonia Group, roofing underlayment will see more demand in comparison to other roofing accessory industry. The industry research firm asserted that roofing underlayment would witness an increase of 5% per year and it would reach $1.5 billion by the year 2023. And in terms of area, the growth of roofing underlayment will be 2.8% annually which would take it to 190 million squares in 2023.

There are certain reasons behind the growing demand for roofing accessories in the coming years. The increase in residential roofing activity, the use of stringent building codes and the rising trend of low-scope metal roofing installations have contributed to the increasing demand for roofing underlayment. With the use of such roofing accessories, it will be mandatory to use multiple layers of underlayment in order to ensure leak protection. Due to the use of metal roofing along with underlayment installation, it becomes easier to prevent roof decks from getting damaged because of moisture. People contact the experienced roofer for residential as well as commercial re-roofing due to which the roofing industry has been growing at a great scale.

The idea of Bigtime Daily landed this engineer cum journalist from a multi-national company to the digital avenue. Matthew brought life to this idea and rendered all that was necessary to create an interactive and attractive platform for the readers. Apart from managing the platform, he also contributes his expertise in business niche.

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Business

ATFX Raises its Product Offerings with Uber Shares CFDs

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After Uber’s listing of its shares on the New York Stock Exchange (NYSE) in the month of May, it was converted into an official public offering. ATFX, popular online trading broker revealed about the new and trending Uber CFDs on its official website and it was done to offer competitive spreads to its traders.

With its launch by Uber for the first time, it was visible to everyone as on-demand equivalent to taxis. In addition to this, the use of technology and its expansion into food delivery as well as new mobility presented it as a threat to traditional services. Currently, it enjoys more value than the market cap of popular companies such as the General Motors Company (GM).

In CFD online trading, Uber has emerged as the major entity in the market. It is possible to take long or short positions in Uber CFD framework and also it is possible to analyze the shares prices in the market. ATFX spokesperson has said that the complete exposure to the CFD’s can only be achieved with a small number of deposits in the initial phase. Only after studying this initial investment, profits or losses can be studied.

Apart from this, as a regulated broker ATFX has announced that if traders face loss in spread betting then they will not be allowed to claim any tax relief against any other income. ATFX, the broker has selections from various sectors such as technology and finance. And also, it also offers products from popular companies such as Apple Inc, Amazon, Alibaba and McDonald’s for trading.

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