Metal Roofing Market Is To Grow At A CAGR Of 5.70% During The Forecast By 2029
Over the last few years, the market has witnessed increased demand for roofing products in both the residential and industrial sectors as a result of increased construction activity, which has raised a demand for metal roofing. The top two investing countries in the market are China and India. Developing countries such as India and China are investing extensively in infrastructure development, resulting in increased construction activity.
Global
Metal Roofing Market was valued at USD 17.13 billion in 2021 and is expected to
reach USD 26.70 billion by 2029, registering a CAGR of 5.70% during the
forecast period of 2022-2029. In addition to the market insights such as market
value, growth rate, market segments, geographical coverage, market players, and
market scenario, the market report curated by the Data Bridge Market Research
team also includes in-depth expert analysis, import/export analysis, pricing
analysis, production consumption analysis, and climate chain scenario.
Competitive
Landscape and Metal Roofing Market Share Analysis
The
metal roofing 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 metal roofing market.
Some
of the major players operating 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.)
- Firestone Building Products
Company, LLC (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)
Get
Full Access of reports @https://www.databridgemarketresearch.com/reports/global-metal-roofing-market
Metal
roofing Market Dynamics
This
section deals with understanding the market drivers, opportunities, restraints
and challenges. All of this is discussed in detail as below:
Drivers
- Increased Construction and
Renovation
In
developing countries, the number of commercial construction projects is
increasing, as is the use of government-led funding. The growing need for
building renovations and improved production processes has resulted in new
items and technology infusion.
- Usage of Green Building
Materials
Furthermore.
Other factors driving the industry's growth include the increasing use of green
building materials and significant advancements in building technology. The
increased use of environmentally friendly roofing materials in end-use
industries also contributes to market expansion.
The
adoption of solar power and energy codes in roofing systems and the growth of
residential and commercial sectors in developing economies will further propel
the growth rate of the metal roofing market. Additionally, they have a long lifespan,
higher durability and are easy to install which is further projected to bolster
the growth of the market.
Opportunities
- Advancements and Government
Initiatives
Furthermore,
rapid advances in building technology enhance product applications and extend
profitable opportunities to the market players in the forecast period of 2022
to 2029. Additionally, the growing government initiatives for green
construction materials will further expand the future growth of the metal
roofing market.
Global
Metal roofing Market Scope
The
Metal Roofing market is segmented on the basis of product type,
metal type, construction type and application. The growth amongst these segments
will help you analyze 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
metal roofing market is analyzed and market size insights and trends are
provided by country, type, form and application as referenced above.
The
countries covered in the metal roofing 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, Israel, Egypt, South Africa, 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.
Asia-Pacific
dominates the market in terms of market share and market revenue and will
continue to flourish its dominance during the forecast period of 2022-2029. The
market growth over this region is attributed to the rapidly growing population
and the expanding construction sector within the region.
On
the other hand, North America is estimated to show lucrative growth over the
forecast period of 2022-2029, due to the increasing strides in infrastructural
projects in the region.
The
country section of the report also provides individual market impacting factors
and changes in market regulation that impact the current and future trends of
the market. Data points like 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.
Grab
a sample copy of the report here: @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-metal-roofing-market
MAJOR
TOC OF THE REPORT
Chapter
One: Introduction
Chapter
Two: Market Segmentation
Chapter
Three: Market Overview
Chapter
Four: Executive Summary
Chapter
Five: Premium Insights
And
More....
Get
TOC Details: @https://www.databridgemarketresearch.com/toc/?dbmr=global-metal-roofing-market
Browse
More Reports
https://www.databridgemarketresearch.com/reports/global-metal-foam-market
https://www.databridgemarketresearch.com/reports/global-metal-finishing-chemicals-market
https://www.databridgemarketresearch.com/reports/global-metal-bonding-adhesives-market
https://www.databridgemarketresearch.com/reports/global-metal-biocides-market
About
Data Bridge Market Research:
An
absolute way to forecast what future holds is to comprehend the trend today!!!!
Data
Bridge Market Research set forth itself as an unconventional and neoteric
Market research and consulting firm with unparalleled level of resilience and
integrated approaches. We are determined to unearth the best market
opportunities and foster efficient information for your business to thrive in
the market
Contact:
Data Bridge Market Research
US: +1 888 387 2818
UK: +44 208 089 1725
Hong Kong: +852 8192 7475
Email: Corporatesales@databridgemarketresearch.com
Comments
Post a Comment