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Global Metal Roofing Market – Industry Trends and Forecast to 2031

Chemical and Materials

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Global Metal Roofing Market – Industry Trends and Forecast to 2031

  • Chemical and Materials
  • Upcoming Report
  • May 2024
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Metal Roofing Market – Industry Trends and Forecast to 2031

Market Size in USD Billion

CAGR :  % Diagram

Diagram Forecast Period 2023–2031
Diagram Market Size (Base Year) USD 19.14 Billion
Diagram Market Size (Forecast Year) USD 29.82 Billion
Diagram CAGR %

Major Markets Players

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Global Metal Roofing Market, By Product Type (Standing Seam Roofing, Metal Tiles, Shingles and Shakes, Corrugated Panels, Plain Panels, and Others), Metal Type (Steel Roofing, Copper Roofing, Aluminum Roofing, Zinc Roofing, Tin Roofing, and Others), Application (Residential, Commercial, and Industrial), Construction Type (New Construction, and Renovation) - Industry Trends and Forecast to 2031.

Metal Roofing Market

Metal Roofing Market Analysis and Size

Metal roofing market witnesses continuous advancement, with innovations such as energy-efficient metal roof coating and enhanced durability. These advancements benefit consumers by offering long-term savings through reduced energy costs and minimal maintenance. Additionally, metal roofs provide eco-friendly solutions, contributing to sustainable construction practices. As a result, the metal roofing market experiences steady growth driven by both technological progress and consumer advantages.

The global metal roofing market size was valued at USD 19.14 billion in 2023, is projected to reach USD 29.82 billion by 2031, with a CAGR of 5.70% during the forecast period 2024 to 2031. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2024 to 2031

Base Year

2023

Historic Years

2022 (Customizable to 2016-2021)

Quantitative Units

Revenue in USD Billion, Volumes in Units, Pricing in USD

Segments Covered

Product Type (Standing Seam Roofing, Metal Tiles, Shingles and Shakes, Corrugated Panels, Plain Panels, and Others), Metal type (Steel Roofing, Copper Roofing, Aluminum Roofing, Zinc Roofing, Tin Roofing, and Others), Application (Residential, Commercial, and Industrial), Construction Type (New Construction, and Renovation)

Countries Covered

U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Market Players Covered

Metal Sales Manufacturing Corporation (U.S.), Focus Technology Co., Ltd. (China), Ideal Roofing (Canada), Reed's Metals (U.S.), DuPont (U.S.),  ATAS International, Inc. (U.S.), DECRA Roofing Systems, Inc. (U.S.), Solvay (Belgium), Dow (U.S.),  Carlisle (U.S.), BlueScope Steel Limited (Australia), OmniMax International LLC (U.S.), ABC Supply Co., Inc. (U.S.), Kingspan Group (Ireland) and Fletcher Building (New Zealand)

Market Opportunities

  • Resistance to Weather Elements
  • Growing Demand of Design Flexibility

Market Definition

Metal roofing is a durable roofing option made from various metals such as steel, aluminum, or copper. It offers longevity, resistance to extreme weather conditions, and low maintenance. Its sleek aesthetic lends a contemporary touch to structures, while ensuring robust defense against harsh elements such as rain, snow, and wind. Ideal for both durability and style, metal roofing stands as a reliable solution for lasting protection.

Metal Roofing Market Dynamics

Drivers

  • Increasing Construction and Renovation

In developing nations, surge in commercial construction projects fueled by government funding is evident. This growth is accompanied by a growing emphasis on building renovations and modernization, spurring the integration of new technologies and materials. For instance, in India, the Smart Cities Mission has propelled numerous infrastructure projects, leading to increased demand for innovative roofing solutions such as metal roofing systems, driven by their durability and energy efficiency benefits. This versatility enhances both curb appeal and structural integrity, driving market demand.

  • Increasing Usage of Green Building Materials

The metal roofing market is experiencing growth due to the rising demand for green building materials. Environmentally friendly roofing options, such as metal roofs, are increasingly favored for their sustainability. For instance, metal roofs often contain recycled materials and can be reprocessed at the end of their lifespan. Their durability, ease of installation, and compatibility with solar power further fuel market expansion, particularly in developing economies where residential and commercial sectors are flourishing.

Opportunities

  • Resistance to Weather Elements

Metal roofs excel in weather resistance, crucial in storm-prone areas. Their sturdy construction withstands high winds, heavy rains, and snow loads, preventing water infiltration and structural damage. For instance, in hurricane-prone regions such as coastal areas, metal roofs endure strong winds and flying debris, providing reliable protection for homes and businesses. This resilience against extreme weather events enhances safety and reduces maintenance costs, making metal roofing a preferred choice in vulnerable locations.

  • Growing Demand of Design Flexibility

Advancements in manufacturing have revolutionized metal roofing, offering an array of metal roof colors, profiles, and finishes. Property owners now have unprecedented design flexibility, tailoring roofs to match any architectural style or personal preference. For instance, sleek standing seam profiles seamlessly blend modern aesthetics with durability, while textured finishes mimic traditional materials such as wood or slate. This versatility ensures that metal roofing enhances both curb appeal and structural integrity, creating lucrative opportunities in the market.

 Restraints/Challenges

  • High Initial Cost

The higher initial cost of metal roofing compared to traditional materials such as asphalt shingles presents a significant restriction to cost-conscious consumers, impeding market growth. This financial barrier restricts adoption rates, as consumers prioritize more affordable options. Consequently, the metal roofing market faces challenges in penetrating segments where budgetary constraints heavily influence purchasing decisions, limiting its overall market potential.

  • Expansion and Contraction of Metal

Expansion and contraction of metal roofing due to temperature changes pose a significant challenge, potentially causing issues such as buckling and warping if installation or maintenance is inadequate. These structural concerns can deter potential customers, impacting the market's growth and reputation without offering any positive suggestions for mitigation.

This market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions. Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Recent Development

  • In March 2023, McElroy Metal launched Modern-Rib Metal Panel: Modern-Rib combines cost-efficiency of exposed fastener panels with pronounced ribs mimicking standing seam aesthetics. Enhancing residential and post-frame roofs with 3/4” ribs, it offers both elegance and functionality
  • In February 2023, Cornerstone Building Brands partnered with D.I. Roof Seamers, expanding MBCI's access to cutting-edge seamer equipment. Through this collaboration, MBCI ensures its customers benefit from the latest seaming technology and expertise, reinforcing its position as a leader in standing seam profiles
  • In July 2022, Petersen expanded PAC-CLAD brand's presence with a new manufacturing facility in Bonney Lake, Wash. The 57,000-sq.-ft. facility shipped its inaugural order in May and is set for full operations by early 2023, further solidifying Petersen's commitment to serving its customers with excellence

Metal Roofing Market Scope

The market is segmented on the basis of type, derivatives, sub-derivate, and end-user industry. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product Type

  • Standing Seam Roofing
  • Metal tiles
  • Shingles and Shakes
  • Corrugated Panels
  • Plain Panels
  • Others

 Metal Type

  • Steel Roofing
  • Copper Roofing
  • Aluminum Roofing
  • Zinc Roofing
  • Tin Roofing
  • Others

Application

  • Residential
  • Commercial
  • Industrial

 Construction Type

  • New Construction
  • Renovation

Metal Roofing Market Regional Analysis/Insights

The market is analysed and market size insights and trends are provided by type, derivatives, sub-derivate, and end-user industry as referenced above.

The countries covered in the market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America is estimated to show lucrative growth in the metal roofing market over the forecast period, driven by increasing strides in infrastructural projects in the region. This trend reflects a growing preference for durable and sustainable roofing solutions in construction endeavors across various sectors.

Asia-Pacific is expected to dominate the metal roofing market, leading in both market share and revenue during the forecast period. This growth is fueled by a burgeoning population and the expanding construction sector in the region, signaling continued prosperity for the market.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Metal Roofing Market Share Analysis

The market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to market.

Some of the major players operating in the market are:

  • Metal Sales Manufacturing Corporation (U.S.)
  • Focus Technology Co., Ltd. (China)
  •  Ideal Roofing (Canada)
  •  Reed's Metals (U.S.)
  •  DuPont (U.S.)
  •   ATAS International, Inc. (U.S.)
  •  DECRA Roofing Systems, Inc. (U.S.)
  •  Solvay (Belgium)
  •  Dow (U.S.)
  •   Carlisle (U.S.)
  •  BlueScope Steel Limited (Australia)
  •  OmniMax International LLC (U.S.)
  •  ABC Supply Co., Inc. (U.S.)
  • Kingspan Group (Ireland)
  • Fletcher Building (New Zealand)


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Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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FREQUENTLY ASK QUESTIONS

The Metal Roofing Market size will be worth USD 29.82 billion by 2031.
The Metal Roofing Market growth rate will be 5.70% by 2031.
Increasing Usage of Green Building Materials, Increasing Construction and Renovation are the growth drivers of the Metal Roofing Market.
The type, derivatives, sub-derivate, and end-user industry are the factors on which the Metal Roofing Market research is based.
The major companies in the Metal Roofing Market are Metal Sales Manufacturing Corporation (U.S.), Focus Technology Co., Ltd. (China), Ideal Roofing (Canada), Reed's Metals (U.S.), DuPont (U.S.), ATAS International, Inc. (U.S.), DECRA Roofing Systems, Inc. (U.S.), Solvay (Belgium), Dow (U.S.), Carlisle (U.S.), BlueScope Steel Limited (Australia), OmniMax International LLC (U.S.), ABC Supply Co., Inc. (U.S.), Kingspan Group (Ireland) and Fletcher Building (New Zealand).
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