HOUSTON, April 11, 2023 (GLOBE NEWSWIRE) -- Data Bridge Market Research has recently published a Report, titled, "Metal Roofing Market" The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segments, Porter's Five Forces analysis, and competitive landscape. The superior Metal Roofing market research report has incorporated the analysis of different factors that augment the growth of the market. It has various sections that provide the scope of different segments and applications that can potentially influence the market in the future. Factors that overshadow the market growth are pivotal as they can be understood to formulate different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Development policies and plans are discussed well in Metal Roofing business document. Also, manufacturing processes and cost structures are analyzed.
An international Metal Roofing Market report provides detailed profiles of the key players to bring out a clear view of the competitive landscape of the Metal Roofing industry outlook. It also covers market new product analysis, financial overview, strategies and marketing trends. This report aims to provide insights into Metal Roofing industry to enhance product functionality that fuels market growth. It provides information regarding the emerging opportunities in the market & the market drivers, trends & upcoming technologies that will boost these growth trends. The wide-ranging Metal Roofing report gives some decisive information of the market strategies that assist to gain profitable growth during its forecasted period.
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.
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Metal roofing is basically a type of roofing that is made out of metal pieces or tiles and is known for its great resistance, impermeability, and durability. It's a part of the structure's outer shell. Typical alloys include zinc, copper, and steel.
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.
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
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)
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The investment made in the study would provide you access to information such as:
- Metal Roofing Market [Global – Broken-down into regions]
- Regional level split [North America, Europe, Asia Pacific, South America, Middle East & Africa]
- Country-wise Market Size Split [of important countries with major market share]
- Market Share and Revenue/Sales by leading players
- Market Trends – Emerging Technologies/products/start-ups, PESTEL Analysis, SWOT Analysis, Porter’s Five Forces, etc.
- Metal Roofing Market Size
- Market Size by Application/industry verticals
- Market Projections/Forecast
Market Drivers: Metal Roofing Market
- 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.
Restraints/Challenges
- High Capital and Costs
The market requires high investment and capital, which will create hindrances for the growth of the metal roofing market. Moreover, metal roofs are 2–3 times more expensive than traditional roofing materials. These factor have negative impact on the market.
- Lesser Preference across Snowy Regions
Also, the metal roofing is not preferred in snowy places, proving to be a demerit for the metal roofing market. Therefore, this will challenge the metal roofing market growth rate.
Moreover, the high corrosive property are also expected to hamper growth of the global metal roofing market.
This metal roofing 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 metal roofing market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
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Core Objective of the Metal Roofing Market:
Every firm in the Metal Roofing Industry has objectives but this market research report focus on the crucial objectives, so you can analysis about competition, future market, new products, and informative data that can raise your sales volume exponentially.
- Metal Roofing Market Size and growth rate factors.
- Important changes in the future Metal Roofing Market.
- Top worldwide competitors of the Market.
- Scope and product outlook of Metal Roofing Market.
- Developing regions with potential growth in the future.
- Tough Challenges and risk faced in Market.
- Global Metal Roofing top manufacturers profile and sales statistics.
Key Industry Segmentation: Metal Roofing Market
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
Regional Analysis/Insights: Metal Roofing Market
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.
Table of Contents:
- Introduction
- Market Segmentation
- Executive Summary
- Premium Insights
- Global Metal Roofing Market: Regulations
- Market Overview
- Global Metal Roofing Market, By Product Type
- Global Metal Roofing Market, By Metal Type
- Global Metal Roofing Market, By Application
- Global Metal Roofing Market, By Construction Type
- Global Metal Roofing Market, By Region
- Global Metal Roofing Market: Company Landscape
- SWOT Analyses
- Company Profile
- Questionnaires
- Related Reports
To Check the Complete Table of contents, click here @ https://www.databridgemarketresearch.com/toc/?dbmr=global-metal-roofing-market
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