| AM26033 |
| AMA RESEARCH MARKET REPORT : Roofing & Insulation Market Report UK June 2003. |
 |
CLICK
 TO BUY |
BRIEF DESCRIPTION
| Covering the years 1996 to 2006, this report reviews the UK markets for roofing and insulation products in domestic, industrial and commercial applications. Each sector incorporates a qualitative and quantitative analysis of market size, product mix, key suppliers and future prospects. The report also examines distribution and key market influences. |
| Product areas covered in detail in the report are:- |
| ROOFING - Tiles, Membranes & Felts, Metal Roofing, Roof glazing |
| INSULATION - Structural & Industrial |
| These markets have experienced significant change in recent years, resulting from a changing economic and construction environment. The new housebuilding market is relatively stable, bearing in mind the low interest rate environment, but buoyant commercial and RMI sectors, coupled with a reasonably active house-moving sector, have assisted in market growth during recent years. |
| Regulatory change has been a significant factor within both markets, with emphasis placed on improved product performance and standards, which in turn has led to a degree of buoyancy in both market sectors. A major feature of both sectors is the increased "globalisation" of the markets, with increased corporate activity in terms of acquisitions and mergers. |
| The roofing and insulation market is estimated to be worth over £1.2 billion at manufacturers prices in 2002, with positive trends in many market sectors implying further positive growth in market size can be achieved, in both commercial/industrial and domestic sectors. |
| Areas of Particular Interest: |
| Analysis of roof tiles, membrane & felt, metal and roof glazing sectors |
| Assessment of trends in the growing insulation sector |
| Impact of legislative/regulatory developments |
| Increasing consolidation of the supply structure for these markets, with development of larger European and world-wide groups. |
| Key areas of coverage in the report include:- |
| MARKET OVERVIEW |
| Overall market size and mix between roofing and insulation products by value, growth of market in recent years, market trends since 1996. |
| Review of key factors influencing market -product issues, legislative and regulatory developments, construction activity, new housebuilding market. |
| Future prospects - forecasts for the roofing and insulation products market up to 2006, key factors influencing future prospects, key areas of growth/decline. |
| ROOFING |
| The Roofing Market - mix by product - roofing tiles, membranes/underlay felts, metal roofing and roof glazing. |
| The market for Roofing Tiles by value 1996-2006, key influencing factors, future prospects, forecasts to 2006. |
| Product mix for roofing tiles products - concrete, clay, fibre-cement and slate - by value. |
| Market characteristics and anticipated future market development for roof tile sectors, |
| The UK roof membrane and underlay felts market, by value 1996-2006, key issues, areas of growth, key application areas. |
| International trade in roof tiles and flat roofing products. |
| Metal roofing product mix, profiled sheeting/tiles and fully supported roof systems, future prospects. |
| Roof glazing market size and trends 1996-2006, key issues, key applications, product mix, atrium/mall glazing, rooflights, patent glazing. |
| Identification of key suppliers to the roofing products market - assessment of market share for roofing products, corporate activity, assessment of significant developments. |
| INSULATION |
| Market size by value from 1996 through to 2002, factors influencing market trends, major reasons for market performance, factors underpinning growth. |
| Influence of building regulation changes, future prospects, key factors, forecasts to 2006. |
| International Trade - Imports and Exports of mineral insulation products. |
| Market sector analysis - material mix, mineral, foam, others. |
| Mineral Fibre - sector performance, future prospects, key advantages, rock/glass. |
| Polyurethane, Polyisocyanurate, Phenolic foams - sector performance growth/decline, key advantages. |
| Polystyrene foam - sector performance, advantages/disadvantages, future prospects. |
| Analysis of other product sectors. |
| Key insulation applications in both structural and non-structural areas. Mix of major application areas. |
| Identification of key suppliers to insulation products market - corporate activity, assessment of market share, significant developments. |
| SUPPLIERS/DISTRIBUTION |
| Overall distribution structure of the roofing and insulation market. |
| National Insulation Distributors - key companies, backgrounds etc. |
| Builders Merchants - their role in roofing and insulation products, key merchants. |
| Specialist distributors & roof centres, DIY outlets, Others. |
| Housebuilders & Contractors. |
| KEY INFLUENCES/FUTURE PROSPECTS |
| Key external influencing factors on the roofing and insulation markets - housing completions, construction output, property transactions etc. |
| Prospects for the future, short/medium term, new market niches, changes in distribution, areas of potential growth/decline. |
EXECUTIVE SUMMARY
| The overall market for roofing and insulation products is heavily dependent on the level of new build and RMI activity within the construction sector. Therefore, in times of economic slow down the market tends to perform less well, as new developments and refurbishment projects are put on hold until confidence improves. Recent growth in the market has been steady although the market has experienced a volatile past, in common with many other building materials markets. |
| The total market for roofing and insulation products was worth £1.85 billion at manufacturers prices during 2002, with indications of further growth in the short-medium term to reach over £2.1 billion by 2006. Over the period 1996-2006, the overall roofing and insulation market will have increased by nearly 55% in value terms. |
| The performance of the construction and new house building sectors is important to the roofing and insulation markets, as is the level of RMI work. The currently buoyant RMI sector is underpinning growth within the sector although moderate levels of new house building and commercial / industrial work mean excessive growth has not been seen. |
| Annual house building completions have fallen since 1999 and levels for 2002 are estimated at around 167,000, with major house builders citing the increasingly onerous planning approvals processes and the requirements for building of new homes on brownfield sites, as major factors contributing towards the slow down. |
| The RMI sector has been buoyant in recent years with a trend towards higher value replacement products for both roofing and insulation products. The increased trend towards home extensions (particularly to provide more bedrooms and en-suite bathrooms in existing dwellings) has benefited the market. Prospects for the RMI sector look reasonably healthy as consumer credit continues to boom allowing for the upgrade of existing homes. Funds are also available for projects such as the repair of school buildings as well for the upgrade to local authority/RSL homes. |
| The performance of the roofing and insulation products market is also affected by changes in weather patterns. The increasingly turbulent storms and the milder but wetter weather experienced during the winter months of recent years have led to an increase in the mechanical fixing systems for roofing products and increasing emphasis on the need to prevent water ingress into the building structure. |
| The weather conditions also have an effect on the amount of new work and repair and maintenance that can also be undertaken. Although the incidence of storms during winter months may have led to an increase in the number of repairs that will be necessary, the dangerous nature of roofing work in particular means that the market value of the sector may be adversely affected during extended periods of bad weather. |
| Legislation has had an increased impact on the market in recent years, firstly with the introduction of Part L of the Building Regulations and more recently with the Amendment to these Regulations due to come into force during 2001. The Regulations are designed to increase the thermal and energy efficiency of all new buildings and to ensure that buildings achieve requirements in terms of reducing air leakage and carbon dioxide emissions. The insulation market had benefited from the introduction of these regulations with increases in product performance leading to the adoption of higher value increased specification products. |
| In addition, the amendment to Part E of the building regulations comes into force in July 2003, which is concerned with not only the transmission of sound between buildings but within them as well. The act is not only deals with domestic dwellings, but also includes residential care facilities, student accommodation and hotels & hostels. |
| The total roofing and insulation market is dominated by roofing products, which accounted for 70% of the overall market during 2002, and an estimated value of £1.3 billion. The roofing products sector comprises roof tiling systems, roofing membranes & felts, metal roofing and roof glazing. Roof tiling products dominated the sector during 2002, accounting for 44% of the sector with an estimated value of £572 million, followed by metal roofing with 34%, membranes & felts with 15% and roof glazing with 7% value share. |
| Roof tiling is dominated by concrete roofing tiles, which accounted for 63% value share of the sector in 2002. However, the use of higher value clay tiles and slates, particularly within the new house building sector has meant that concrete tiles have lost some share to these two during recent years. Fibre-cement tiles continue to lose share, accounting for only 9% of the sector in value terms during 2002. |
| Moderate growth has been seen within the membranes and felts sector helped by the introduction of better quality, higher value products. The increasing popularity of single ply roofing is also a boost to the market. Metal roofing systems are showing good signs of growth and are estimated to be worth around £452 million in 2002. Metal roofing has continued to gain share at the expense of other roofing sectors especially in the commercial and industrial markets. Roof glazing has also shown signs of growth in recent years, currently benefiting from the trend for use of natural daylight in buildings. |
| There has been significant change in the supply side of the roofing products industry in recent years. Corporate activity in terms of mergers and acquisitions has seen the trend towards the creation of larger European/global groups/suppliers concerned with supplying all types of roofing products and other building materials. |
| The insulation sector continues to exhibit growth above the growth of the total roofing and insulation market, and was worth an estimated £541 million during 2002. The introduction of legislative measures has assisted growth within the market, with a move towards higher specification, increased value products. |
| Increased legislation and drive for more energy efficient buildings mean that prospects for the future of the insulation sector are considered to be good. |
| Knauf is the insulation products market leader followed by Rockwool, Kingspan, Vencel Resil and British Gypsum. Given that many of these companies manufacture a range of insulation and other products, precise definition of market share is difficult. |
| In terms of distribution mix, the Builders Merchant sector continues to dominate in terms of roofing products with specialist distributors such as Encon and SIG dominating the insulation sector. However, recent years have seen the increasing significance of the use of roofing centres and specialist roofing suppliers. |
COMPANIES COVERED
Lafarge Roofing, Marley Building Materials, Marley Roofing Products, Eternit Slates, Eternit Building Materials, Russell Roof Tiles, Keymer, Alfred McAlpine Slate / Welsh/Slate, Alfred McAlpine Slate, Welsh/Slate, Hilltop Slate, Sandoft Roof Tiles, Cembrit Blunn -, Forticrete Roofing Products, Hinton Perry & Davenhill, Decra Roof Systems, Daniel Platt, Aspect Roofing, Kirkstone Quarries, Ockley Building Products, Ibstock, Fesco Tiles, Red Bank Manufacturing, Samaca, Elliott Brothers, The Michelmarsh Brick and Tile Co, Imerys, Camborne Natural Slate, Delabole Slate, Burlington Slate, IKO group Ruberoid, Permanite, Icopal, Andersons Waterproofing, Callenders, Vulcanite, Siplast, Monarflex, Marley Waterproofing, HT UK, Sarnafil UK, Alumasc, Chesterfelt, Liquid Plastics, Cray Valley Ltd, Hambleside Danelaw, Kingspan Group Plc, The Corus Group Plc, AvestaPolarit, CA Group, Alumasc, Umicore Marketing Services, Haironville TAC, Broderick Structures, Rigidal Industries, Ash and Lacy Building Systems, The Knight Group, Firth Steels, Plannja, Rheinzink GMBH, KME UK, Ayrshire Metal Products, Midland Lead Metals, Calder Industrial Materials, Royston Lead, English Architectural Glazing (EAG), Space Decks, Mero UK Plc, Portal, Schüco International, Kawneer UK, Eiffel UK, Cox Building Products, Building Product Design Limited (BPD) Everlite, Brett Martin Roofing Products, Corning, Knauf, Knauf Insulation, Rockwool, Kingspan Plc, British Gypsum, EcoTherm, Vencel Resil, Callenders, Superglass Insulation, Recticel, Alumasc, Celotex, Isocrete Croup, Pittsburgh Corning, RMC Panel Products, Ruberoid, D Anderson & Co., Permarock, Instagroup, Dow Construction Linpac and Roehm, Telling (Birmingham), Eglington Stone, Eurobrick.TABLE OF CONTENTS
| 1. INTRODUCTION 7 |
| 2. SUMMARY 8 |
| 2.1 OVERALL ROOFING AND INSULATION MARKET 8 |
| 2.2 MARKET CHARACTERISTICS 9 |
| 2.3 LEGISLATION 9 |
| 2.4 ROOFING PRODUCTS 10 |
| 2.5 INSULATION PRODUCTS 10 |
| 2.6 DISTRIBUTION 11 |
| 3. ECONOMIC ENVIRONMENT 12 |
| 3.1 GDP 12 |
| 3.2 INTEREST RATES AND INFLATION 14 |
| 3.3 UNEMPLOYMENT 15 |
| 3.4 HOUSEHOLD CONSUMPTION & SPENDING 15 |
| 3.5 STERLING 17 |
| 4. ROOFING PRODUCTS 18 |
| 4.1 OVERALL MARKET 18 |
| 4.2 ROOF TILING SYSTEMS 21 |
| 4.2.1 Market Performance 21 |
| 4.2.2 Product Mix 23 |
| 4.2.3 Key Suppliers 36 |
| 4.3 ROOF MEMBRANES AND FELTS 42 |
| 4.3.1 Definition and Market Overview 42 |
| 4.3.2 Product Mix 45 |
| 4.3.3 International Trade in Bituminous Roofing Felts 51 |
| 4.3.4 Key Suppliers 51 |
| 4.4 METAL ROOFING SYSTEMS 55 |
| 4.4.1 Definition 55 |
| 4.4.2 Metals Used 56 |
| 4.4.3 Market Size 57 |
| 4.4.4 Product Mix 61 |
| 4.4.5 Key Suppliers 65 |
| 4.5 ROOF GLAZING SYSTEMS 70 |
| 4.5.1 Definition 70 |
| 4.5.2 Market Size 71 |
| 4.5.3 Product Mix 73 |
| 4.5.4 Key Suppliers 77 |
| 4.6 GREEN ROOFING SYSTEMS 80 |
| 4.7 FUTURE PROSPECTS 82 |
| 4.7.1 Roof Tiling Systems 83 |
| 4.7.2 Membranes and Felts 84 |
| 4.7.3 Metal Roofing Systems 84 |
| 4.7.4 Roof Glazing Systems 84 |
| 4.7.5 Other Roofing Systems 85 |
| 5. INSULATION PRODUCTS 86 |
| 5.1 MARKET DEFINITION 86 |
| 5.2 MARKET SIZE 86 |
| 5.3 FUTURE PROSPECTS 89 |
| 5.4 INTERNATIONAL TRADE 91 |
| 5.5 PRODUCT MIX 92 |
| 5.5.1 Mineral Fibre 94 |
| 5.5.2 Polyurethane, Polyisocyanurate and Phenolic Foam 95 |
| 5.5.3 Polystyrene 96 |
| 5.5.4 Other Materials 96 |
| 5.6 INSULATION END-USE APPLICATIONS 97 |
| 5.6.1 Roof Insulation 99 |
| 5.6.2 Cavity Wall Insulation 100 |
| 5.6.3 Flooring Insulation 102 |
| 5.6.4 External Building Insulation 102 |
| 5.7 APPLICATION BY END-USE SECTOR 103 |
| 5.8 KEY SUPPLIERS 104 |
| 6. DISTRIBUTION 109 |
| 6.1 OVERALL MARKET 109 |
| 6.2 NATIONAL DISTRIBUTORS 111 |
| 6.3 BUILDERS MERCHANTS 113 |
| 6.4 ROOFING CENTRES. 114 |
| 6.5 DIY STORES 114 |
| 6.6 OTHERS 115 |
| 6.6.1 Other Retail Stores 115 |
| 6.6.2 House Builders 115 |
| 6.7 ROOFING CONTRACTORS 116 |
| 7. KEY MARKET INFLUENCES 117 |
| 7.1 CONTRACTORS OUTPUT 117 |
| 7.2 HOUSE BUILDING 121 |
DIAGRAMS
| TABLE 1 ROOFING AND INSULATION PRODUCTS MARKET 1996-2006 - BY VALUE (£ MILLION MSP) 8 |
| TABLE 2 GDP PERCENTAGE CHANGE PER ANNUM 1980-2004 13 |
| CHART 3 INTEREST RATES AND INFLATION (RPI) FROM 1995-2005 14 |
| CHART 4 PDI & SAVINGS RATIO 1980-2005 16 |
| TABLE 5 EXCHANGE RATE FLUCTUATIONS 1997-2002 - DM, DOLLARS, AND THE ECU TO THE POUND STERLING, SPOT RATES 17 |
| TABLE 6 ROOFING PRODUCTS MARKET 1996 TO 2006 - BY VALUE (£ MILLION AT MSP) 19 |
| CHART 7 THE UK ROOFING PRODUCTS MARKET BY VALUE 2002 20 |
| CHART 8 THE UK ROOFING PRODUCTS MARKET BY ROOF TYPE BY VOLUME 2002 21 |
| TABLE 9 THE UK MARKET FOR ROOF TILING SYSTEMS BY VALUE AT CURRENT PRICES (£ MILLION MSP) 22 |
| CHART 10 MIX OF THE ROOF TILE MARKET 2002 - % BY VALUE 23 |
| TABLE 11 UK MARKET FOR CONCRETE ROOFING TILES - BY VALUE (£ MILLION MSP) 25 |
| TABLE 12 CONCRETE ROOFING TILE USAGE - THOUSAND SQUARE METRES OF ROOF COVERED 26 |
| CHART 13 INTERNATIONAL TRADE IN CONCRETE ROOFING TILES 27 |
| TABLE 14 UK MARKET FOR FIBRE-CEMENT ROOFING BY VALUE (£ MILLION MSP) 28 |
| TABLE 15 INTERNATIONAL TRADE IN FIBRE CEMENT PRODUCTS* 30 |
| TABLE 16 UK MARKET FOR CLAY ROOFING TILES - BY VALUE (£ MILLION MSP) 31 |
| TABLE 17 INTERNATIONAL TRADE IN CLAY ROOFING TILES 33 |
| TABLE 18 UK MARKET FOR SLATE ROOF TILES BY VALUE (£ MILLION MSP) 34 |
| TABLE 19 INTERNATIONAL TRADE IN SLATE ROOFING TILES 35 |
| TABLE 20 SLATE ROOFING TILE USAGE (TONNES) 36 |
| TABLE 21 UK MARKET SHARES OF ROOF TILING SYSTEMS SUPPLIERS 2002 37 |
| TABLE 22 THE UK MARKET FOR ROOFING MEMBRANE AND FELTS - BY VALUE (£ MILLION MSP) 43 |
| CHART 23 MIX OF ROOFING MEMBRANES AND FELTS 2002 45 |
| CHART 24 UK MARKET FOR WATER PROOFING ROOFING MEMBRANES BY MATERIAL 2002 - AREA COVERED SQUARE METRES 46 |
| TABLE 25 IMPORTS AND EXPORTS OF BITUMINOUS ROOFING FELTS £ MILLION 51 |
| TABLE 26 UK MARKET SHARES OF ROOFING MEMBRANES & UNDERLAY SUPPLIERS BY VALUE 2002 52 |
| TABLE 27 THE UK MARKET FOR METAL ROOFING BY VALUE - (£ MILLION AT MSP) 57 |
| CHART 28 METAL ROOFING PRODUCT MIX BY VALUE 2002 61 |
| TABLE 29 UK MARKET SHARES OF METAL ROOFING SUPPLIERS 2002 66 |
| TABLE 30 THE UK MARKET FOR ROOF GLAZING SYSTEMS 1996-2006 BY VALUE (£ MILLION AT MSP) 71 |
| CHART 31 UK MARKET PRODUCT MIX FOR ROOF GLAZING SYSTEMS 2002 - BY VALUE (£ MILLION MSP) 73 |
| CHART 32 UK MARKET FOR PATENT GLAZING BY APPLICATION 2002 77 |
| CHART 33 THE UK MARKET FOR INSULATION PRODUCTS BY VALUE 1996-2006 - (£ MILLION AT MSP) 87 |
| TABLE 34 IMPORTS AND EXPORTS OF MINERAL INSULATION MATERIALS - VALUE £ MILLION 92 |
| CHART 35 MIX OF INSULATION BY MATERIAL 2002% BY VALUE 94 |
| CHART 36 UK MARKET FOR INSULATION BY VOLUME BY APPLICATION 2002 99 |
| CHART 37 MIX OF INSULATION END-USE APPLICATIONS BY VALUE 103 |
| TABLE 38 UK MARKET SHARES OF SUPPLIERS OF INSULATION PRODUCTS 2000 105 |
| CHART 39 MAJOR DISTRIBUTION CHANNELS FOR THE UK ROOFING & INSULATION MARKET 109 |
| CHART 40 ROOFING & INSULATION DISTRIBUTION SHARE 2002 110 |
| TABLE 41 CONTRACTORS OUTPUT - NEW WORK AND RMI NON HOUSING - CURRENT PRICES (£ MILLION) 1995-2004 117 |
| TABLE 42 CONTRACTORS OUTPUT - NEW WORK COMMERCIAL SECTOR CURRENT PRICES (£ MILLION) 118 |
| TABLE 43 NEW ORDERS OBTAINED BY CONTRACTORS 1994-2003 CURRENT PRICES 120 |
| TABLE 44 NEW HOUSING COMPLETIONS 1995-2005 GREAT BRITAIN ('000) 121 |
Text © 2002 AMA Research
| Can't find what you
need? Try our "Research on Request" market report service and define your own report research! Fixed prices - £150, £450 and £1,250 - and fixed delivery of 4, 5 and 14 days |
| Click here for full details |
Ariadne - working together with our customers
to enhance productivity and increase knowledge
© 2004
www.the-list.co.uk Ariadne
Last updated by Amanda Porteous February 2004
