A new report by Allied Market Research says the roofing chemicals market will grow a lot and could reach $42.4 billion by 2031. This is because more people are building or fixing homes and want better, longer-lasting, and energy-saving roofs.
How It Affects You as a Roofing Contractor
- Material Prices Might Go Up: As more people start using waterproofing chemicals and cool roof coatings, their prices might increase. It’s wise to buy materials early before they get expensive.
- Customers Will Ask for Newer Products: People now care more about roofs that save energy and last longer. If you don’t offer these options, they might hire someone else.
- You’ll Need to Train Your Workers: New products need different ways of installing. Make sure your team knows how to use them properly to avoid mistakes.
- Chance to Earn More: These newer materials usually cost more, so you can charge higher prices if you offer them correctly.
What You Can Do Now
- Buy Smart: Get materials before prices rise if you have upcoming jobs.
- Offer Better Options: Add eco-friendly and energy-saving roofing choices to your services.
- Train Your Team: Make sure your crew knows how to install these newer products.
- Use This Trend to Stand Out: Let your clients know these modern materials are becoming popular and are worth the investment.