The Steel Roofing Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Steel Roofing Global Market Report 2024, The steel roofing market size has grown marginally in recent years. It will grow from $4.21 billion in 2023 to $4.28 billion in 2024 at a compound annual growth rate (CAGR) of 1.8%. The growth in the historic period can be attributed to urbanization trends, construction industry growth, preference for sustainable solutions, government regulations, cost-efficiency.
The steel roofing market size is expected to see steady growth in the next few years. It will grow to $4.66 billion in 2028 at a compound annual growth rate (CAGR) of 2.1%. The growth in the forecast period can be attributed to population growth, climate change concerns, renovation and remodeling trends, increasing disposable income, focus on energy efficiency, global economic growth. Major trends in the forecast period include integration of smart roofing technologies, focus on weather-resilient and extreme climate solutions, introduction of pre-painted and pre-coated steel roofing products, rise in popularity of modular and prefabricated steel roofing systems, collaborations for sustainable roofing solutions.
An increase in investments in the construction of residential buildings is expected to propel the growth of the steel roofing market going forward. A residential building refers to a building that is constructed for accommodation purposes and is used for normal residential purposes, with or without cooking or dining facilities. This construction includes one or more family dwellings, lodging, or rooming houses. Steel roofing material is used in the construction of residential buildings to cover the rooftops, and it lowers the cost of construction. For instance, according to Invest India, an India-based investment advisory, in the year 2021, foreign direct investment (FDI) in the construction development sector and construction activities stood at $26.16 billion. Infrastructure activities are contributing 13% share of the total Foreign Direct Investment (FDI) inflows, which is $81.12 billion. Therefore, an increase in investments in the construction of residential buildings is driving the growth of the steel roofing market.
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The steel roofing market covered in this report is segmented –
1) Steel Roofing Market By Type: Color Coated Roofing Sheets, Galvanized Sheets, Curving Sheets, Tile Roof Sheets, Other Types
2) Steel Roofing Market By Construction Type: New Construction, Renovation
3) Steel Roofing Market By End User: Residential, Commercial, Agricultural, Industrial
Major companies in the steel roofing market are focused on developing revolutionary roofing sheets, such as cold-rolled sheets, for enhancing durability, and to gain a competitive edge in the market. Cold-rolled sheets are metal sheets processed at room temperature, resulting in improved surface finish, dimensional accuracy, and mechanical properties. For instance, in March 2021, Hulas Steel, a Nepal-based sheet manufacturer, launched Galvalume and Hulas DuraColour. These cold-rolled roofing sheets are coated with 55% aluminum, 43.5% zinc, and 1.5% silicon, offering superior corrosion resistance, tripling durability and strength compared to galvanized sheets. Utilizing Australian technology, the Hulas DuraColour variant offers colored options, further enhancing the lifespan of roofing sheets by three times.
The steel roofing market report table of contents includes:
1. Executive Summary
2. Steel Roofing Market Characteristics
3. Steel Roofing Market Trends And Strategies
4. Steel Roofing Market - Macro Economic Scenario
5. Global Steel Roofing Market Size and Growth
.....
32. Global Steel Roofing Market Competitive Benchmarking
33. Global Steel Roofing Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Steel Roofing Market
35. Steel Roofing Market Future Outlook and Potential Analysis
36. Appendix
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Market SynopsisThe Steel Roofing Market 2020, according to MRFR, secured USD 1.5 billion in 2018 and is poised to witness 6.2% CAGR during the forecast period.Market HighlightsIn the past couple of years the global steel roofing market has seen substantial growth.
The demand for steel roofing is poised to be driven by the increase in the number of construction activities and the growing awareness of the benefits of steel roofing among homeowners and roofing contractors.
In addition, governments in many countries have implemented numerous reforms and regulations to improve their infrastructure and real-estate industries, contributing to the growth of the construction industry and increased demand for steel roofing in the building.Get free sample pdf @ https://www.marketresearchfuture.com/sample_request/8313In addition, these roofs are solid, attractive, environmentally friendly and energy efficient and provide various advantages of installing a steel roof in any building.
By providing insulation against sparks it helps to prevent a fire from spreading into the building.
However, shifting raw material prices could hamper growth in the market.
The growing demand from customers for environmentally friendly roofing materials is an opportunity for the players in the steel roofing market.Market SegmentationThe global steel roofing industry segmented on the basis of form and application.
The latest trending report Global Steel Roofing Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025 offered by DecisionDatabases.com is an informative study covering the market with detailed analysis.
The report will assist reader with better understanding and decision making.The Steel Roofing market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.This report also researches and evaluates the impact of Covid-19 outbreak on the Steel Roofing industry, involving potential opportunity and challenges, drivers and risks.
We present the impact assessment of Covid-19 effects on Steel Roofing and market growth forecast based on different scenario (optimistic, pessimistic, very optimistic, most likely etc.
).Final Report will cover the impact of COVID-19 on this industry.Browse the complete report and table of contents @ https://www.decisiondatabases.com/ip/49012-steel-roofing-industry-analysis-reportThe major players covered in Steel Roofing are:CertainTeed RoofingMetal Sales Manufacturing CorporationKingspan GroupTata Steel EuropeNucor Building SystemsNCI Building SystemsSafal GroupFletcher BuildingBlueScope Steel LimitedThe OmniMax InternationalFirestone Building ProductsBilkaIsopan S.p.A.Interlock RoofingChief IndustriesCarlisle SynTec SystemsPruszynski LtdATAS InternationalIdeal RoofingMcElroy MetalDrexel Metals IncHangzhou Tianjing Building Materials CompanyReed’s MetalsEDCOHeadwaters IncSinger-Ruser(HZ) Building Materials TechBy Type, Steel Roofing market has been segmented intoCorrugated Steel PanelsSteel Shingles and ShakesStone-coated Steel TilesStanding SeamBy Application, Steel Roofing has been segmented into:Residential BuildingsNon-Residential BuildingsThe report offers in-depth assessment of the growth and other aspects of the Steel Roofing market in important countries (regions), including:North America (United States, Canada and Mexico)Europe (Germany, France, UK, Russia and Italy)Asia-Pacific (China, Japan, Korea, India and Southeast Asia)South America (Brazil, Argentina, etc.
)Middle East & Africa (Saudi Arabia, Egypt, Nigeria and South Africa)Download Free Sample Report of Global Steel Roofing Market @ https://www.decisiondatabases.com/contact/download-sample-49012The content of the study subjects, includes a total of 15 chapters:Chapter 1, to describe Steel Roofing product scope, market overview, market opportunities, market driving force and market risks.Chapter 2, to profile the top manufacturers of Steel Roofing, with price, sales, revenue and global market share of Steel Roofing in 2018 and 2019.Chapter 3, the Steel Roofing competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.Chapter 4, the Steel Roofing breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2015 to 2020.Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2015 to 2020.Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2015 to 2020.Chapter 12, Steel Roofing market forecast, by regions, type and application, with sales and revenue, from 2020 to 2025.Chapter 13, 14 and 15, to describe Steel Roofing sales channel, distributors, customers, research findings and conclusion, appendix and data source.Purchase the complete Global Steel Roofing Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-49012Other Reports by DecisionDatabases.com:Global Solar Roofing Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025Global Residential Roofing Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025Global Liquid Roofing Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
DecisionDatabases.com is proficient in providing syndicated research report, customized research reports, company profiles and industry databases across multiple domains.Our expert research analysts have been trained to map client’s research requirements to the correct research resource leading to a distinctive edge over its competitors.
Stone coated steel roofing pros and cons - Unlike that, which folks ordinarily consider metal, steel roofs could get the look of conventional shingles while still supplying the longevity and durability of this alloy.
This is produced from 2-4 or 26 wrapped metal plate using the anti-trust coating.
When installed properly, the metallic roofing may persist for quite a lengthy moment.
In addition to asphalt shingles which have to get replaced approximately every twenty decades, their assistance lifetime was 40-70 decades ago.
While a few have noted that a little rise in sound ranges when changing to your steel roof, this is sometimes largely averted by the use of challenges between your roofing deck and metal substances.
Homeowners now are somewhat more educated than at any time and therefore are searching for sustainability and quality the moment it regards their roof solutions.
Proper roofing installation contributes up to 40-70 years in the lifespan of a metal roof.
This beats the 30-50-year lifespan asphalt shingles and membranes have.
If you want to install steel over asphalt, your best choice for installing metal roofing is to use a steel shingle system.
Click here to know what Zona Roofing has listed the following tips for installing the steel roof.
