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Metal Roofing Market Size, Industry Analysis Report, Regional Outlook, Application Development Potential, Price Trend, Competitive Market Share & Forecast, 2024 – 2032

  • Report ID: GMI4974

Metal Roofing Market Size

Metal Roofing Market is anticipated to witness healthy growth from 2024 to 2032, driven by the increasing construction of commercial buildings across developing economies. There is growing emphasis on energy efficiency and sustainability in construction. This can be ascertained by the fact that the Paris Agreement sets a target of reducing energy intensity in buildings by about 30% per square meter by 2030. Metal roofs are highly reflective, reducing heat absorption and lowering cooling costs during summer months.
 

Moreover, these roofings are made from recycled metal and are fully recyclable by the end of their lifespan, thereby being an environmentally friendly choice for eco-conscious consumers. As sustainability becomes a top priority in building design and construction, the demand for energy-efficient and sustainable roofing solutions like metal roofing is expected to increase.
 

Metal roofing's resilience against extreme weather events is another factor driving its adoption in both residential and commercial applications. Metal roofs are inherently resistant to damage from high winds, heavy snow loads, and flying debris, making them a preferred choice for areas prone to hurricanes, tornadoes, and other severe weather conditions. They also offer excellent fire resistance, helping mitigate the risk of wildfires and providing added protection for properties located in fire-prone regions.
 

Metal Roofing Market Trends

One notable trend is the emergence of innovative metal roofing designs, such as standing seam and metal shingles, that is expanding the application scope and architectural possibilities of the product. Further, the integration of digital technologies, such as building information modeling (BIM) and remote monitoring systems, is enhancing the design, installation, and maintenance processes of metal roofing systems, optimizing performance and durability. The focus on aesthetics combined with digitization will shape the metal roofing industry outlook.
 

Metal Roofing Market Analysis

The industrial sector is estimated to create a notable demand surge during the forecast period, owing to rapid industrialization. Industrial roofs use geometric shapes and lines to create unique designs ranging from low slopes to curved edges. Standing seam panels are used on a large scale to make industrial metal roofs. The construction of green buildings is also witnessing a prominent surge, which will widen the application scope of metal roofs in the industrial domain.
 

The metal roofing market share from the copper roofing material segment is predicted to record notable growth through 2032, on account of its benefits, such as low melting temperature and great durability. Copper is used as a roofing material to provide higher weather resistance. Its malleability helps manufacturers in molding the metal into all types of complicated and intricate shapes. This roofing is suitable for different architectural styles and building types. Rising preference for copper panels and shingles along with the high demand for continuous copper roofing will support the segment growth.
 

Asia Pacific metal roofing industry share will expand at a noteworthy rate through 2032, due to extensive urbanization. The large population base and expanding construction sector are fueling the need for reliable and strong roofing systems. Many companies, especially in China and India, are raising their investments in infrastructural projects across the industrial as well as commercial sectors which will strengthen the market potential.
 

Metal Roofing Market Share

Major players involved in industry include Carlisle Syntec Systems, Ideal Roofing, Reed's Metals, BlueScope Steel Limited, Linyi Jinhu Color Coating Aluminum Industry Co. Ltd, ATAS International, Kingspan Group, Metal Sales Manufacturing Corporation, Tata Steel (Tata Group) and Drexel Metals Inc. (Carlisle SynTec Inc). These companies are increasing their focus on inorganic marketing strategies, such as capacity expansions, partnerships, acquisitions, and novel product launches to augment their market presence.
 

Metal Roofing Industry News

  • In February 2022, Kingspan Group announced that it had purchased 100% shares of THU Perfil SL, a renowned Ribarroja firm that has an extensive range of metal ceiling products and solutions, to expand its presence in the Spanish market.

What Information does this report contain?

Historical data coverage: 2018 to 2023; Growth Projections: 2024 to 2032.
Expert analysis: industry, governing, innovation and technological trends; factors impacting development; drawbacks, SWOT.
6-7 year performance forecasts: major segments covering applications, top products and geographies.
Competitive landscape reporting: market leaders and important players, competencies and capacities of these companies in terms of production as well as sustainability and prospects.
Authors: Avinash Singh

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