The Steel Roofing Global Market Report 2023, provides comprehensive information on the steel roofing market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Steel Roofing Global Market Report 2023, the market size is expected to grow from $4.15 billion in 2022 to $4.26 billion in 2023 at a compound annual growth rate (CAGR) of 2.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global steel roofing is expected to grow to $4.56 billion in 2027 at a CAGR of 1.7%.
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Product innovations are the key trend gaining popularity in the steel roofing market. Major companies operating in the market are introducing new product innovations. For instance, in January 2021, ProVia, a US-based manufacturer of doors and roofing, launched a new metal roofing product line. The new metal roofing products from the company combine the elegance and beauty of slate or cedar shakes with the toughness and lifespan of a highly engineered galvanised steel roof system. ProVia’s metal panels are 10% thicker than the industry standard (28-30 gauge), using 26-gauge (G90) hot-dipped galvanised steel, and weigh up to three times less than asphalt shingles. With a lifetime warranty on coating integrity and a 40-year warranty on chalking and fading, the unique GalvaTecTM four-part Kynar paint system offers long-lasting performance.
The steel roofing market is segmented:
1) By Type: Color Coated Roofing Sheets, Galvanized Sheets, Curving Sheets, Tile Roof Sheets, Other Types
2) By Construction Type: New Construction, Renovation
3) By End User: Residential, Commercial, Agricultural, Industrial
Western Europe was the largest region in the steel roofing market in 2022.
The table of contents in TBRC’s steel roofing market report includes:
1. Executive Summary
2. Steel Roofing Market Characteristics
3. Steel Roofing Market Trends And Strategies
4. Steel Roofing Market – Macro Economic Scenario
5. Steel Roofing Market Size And Growth
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26. Africa Steel Roofing Market
27. Steel Roofing Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Steel Roofing Market
29. Steel Roofing Market Future Outlook and Potential Analysis
30. Appendix
Top Major Players:
- Metal Sales Manufacturing Corporation
- Jinhu Color Aluminum Group
- Ideal Roofing Co Ltd
- Reed’s Metals Inc
- ATAS International Inc
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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