Global Metal Roofing Market

Metal Roofing Market Size, Share, Growth Analysis, By Product Type(Steel Roofing, Copper Roofing), By Application(Residential, Commercial) - Industry Forecast 2024-2031

Report ID: SQMIG25G2004 | Region: Global | Published Date: February, 2024
Pages: 242 | Tables: 64 | Figures: 75

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Metal Roofing Market size was valued at USD 24.58 billion in 2019 and is poised to grow from USD 25.44 billion in 2023 to USD 33.5 billion by 2031, growing at a CAGR of 3.5% in the forecast period (2024-2031).

The Metal Roofing Market is fragmented and highly competitive. Key industry players are focused on product developments, new product launches, and geographical expansions to gain a significant amount of market share. 'ATAS International Inc.', 'BlueScope Steel Limited', 'CertainTeed Corporation', 'Englert Inc.', 'Ideal Roofing Co. Ltd.', 'Kingspan Group plc', 'McElroy Metal Inc.', 'Metal Sales Manufacturing Corporation', 'NCI Building Systems Inc.', 'Nucor Corporation', 'Owens Corning', 'Saint-Gobain S.A.', 'Tata Steel Limited', 'The Garland Company Inc.', 'The OmniMax International Inc.', 'Union Corrugating Company', 'Vicwest Inc.', 'Westform Metals Inc.', 'Zappone Manufacturing LLC', 'Zamil Steel Holding Company Limited'

Metal roofs are commonly used in homes because they can withstand any type of weather, are more durable, and metals like galvanized steel are fireproof and won't burn in the event of a fire. The increasing number of housing projects has favorably affected the demand for metal roofing.

The metal roofing market will benefit from the growing demand for green building materials. The use of solar panels in large and small industries as well as at home will significantly impact the metal roofing industry. Metal roofing offers significant energy savings, so its use in residential buildings will create market potential. Furthermore, the growing preference for metal roofing over conventional methods will present a significant opportunity for the market throughout the forecast period. Eco-friendliness and superior energy efficiency of metal roofing is predicted to open up new opportunities for the industry.

The Asia Pacific region is expected to hold the largest market share. This is because of the expansion of infrastructure in the industrial and commercial sectors, particularly in developing economies such as China and India. Also, the expanding urbanization of the region is driving the metal roofing market. Due to the high standard of living in the region supporting building renovations,

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Global Metal Roofing Market

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