“This is a considerable improvement from the very weak levels of 2008, reflecting a recovery in construction of single-family housing, which will benefit asphalt roofing used in steep slope applications, primarily asphalt shingles,” The Freedonia Group notes in a written statement. “Demand will also benefit from the growing demand for modified asphaltic membranes in low-slope roofing applications, although much of this is a replacement of other asphalt products, such as standard asphalt felts and roofing asphalts.”

Growth opportunities will also continue to present themselves in maintenance and repair applications in both residential and nonresidential markets, according to the report.

For the original press release on the report and a look at U.S. asphalt demand through 2013, click here: Asphalt Report–Freedonia Group–2544

For more information on this report, go to www.freedoniagroup.com.