A new report by Future Market Insights released Tuesday shows the global roofing material market reached $141.1 billion in 2023, and sales are forecast to rise at a compound annual growth rate of 4.6% over the next decade to exceed $231 billion by 2034. On the domestic side, the U.S. is anticipated to enjoy a…
Rising material prices and labor costs aren’t the only thing roofing contractors will need to worry about due to economic conditions in 2024. The U.S. Department of Labor announced in a Jan. 11 news release that it will be increasing the Occupational Safety and Health Administration’s civil penalty amounts based on cost-of-living adjustments for 2024.…
With back-to-nature continuing to trend in home decor, leading roofing and building material company BP Canada is taking the concept to new heights with the launch of a line of nature-inspired, multi-toned shingles, called Signature. An industry first, the new shingles feature timeless colors, developed by BP Canada’s Chroma Color Lab, that can be blended…
