Market Analysis Summary Introduction

The Fredonia Research Group reports US roofing demand will reach $11 billion in 2007, and worldwide $48 billion which is up $15 billion over the past five years. US roofing demand is expected to reach 259 million squares by 2008.

Omitted from those projections is the impact of a very active hurricane season. As mentioned, a single storm event can produce insurance industry losses of over $25 billion per year. A large portion of those reported losses require total roof replacement, aka hurricane re-roof.

The Atlantic Hurricane Season runs from June 1 - November 30, with the peak risk occurring from mid-August through October. First Response Group, Inc is a weather watcher. Much like a fisherman watches the sea to determine when and where he should drop his nets, FRG watches the Tropics and the Atlantic ocean water temperatures to determining where and when to prepare.