What is Steel Roofing?
A steel roofing is a system made from steel pieces or tiles characterized by its high impermeability, resistance, and longevity. It is a component of the building envelope. It is designed to withstand strong winds, debris, rain, snow, among others. Steel roofing is environmentally friendly as it scraps can be recycled and used in the future. Thereby, the popularity of steel roofing has been increased significantly and expected to witness rapid growth during the forecast period.
Attributes | Details |
---|
Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | CertainTeed Roofing (United States), Tata Steel Europe (United Kingdom), NCI Building Systems (United States), Kingspan Group (Ireland), BlueScope Steel Limited (Australia), Fletcher Building (New Zealand), Nucor Building Systems (United States), Metal Sales Manufacturing Corporation (United States), The OmniMax International (United States), Safal Group (India), Carlisle SynTec Systems (United States), Firestone Building Products (United States) and Chief Industries (United States) |
CAGR | 5.1% |
The study covers a detailed analysis segmented by key business segments i.e. by type (Corrugated Steel Panels, Steel Shingles and Shakes, Stone-coated Steel Tiles and Standing Seams) , by application (Non-Residential Buildings {Hospitals, Schools & universities, Churches, Government buildings, Military structures, Restaurants, Stores, Offices, Hotels, Transportation buildings} and Residential Buildings) and major geographies. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Steel Roofing market throughout the predicted period.
The competition is expected to become even more intense in the years to come due to entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this Steel Roofing market analysis report suggests strategies Vendors can follow and recommends key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Vendors, some of them are CertainTeed Roofing (United States), Tata Steel Europe (United Kingdom), NCI Building Systems (United States), Kingspan Group (Ireland), BlueScope Steel Limited (Australia), Fletcher Building (New Zealand), Nucor Building Systems (United States), Metal Sales Manufacturing Corporation (United States), The OmniMax International (United States), Safal Group (India), Carlisle SynTec Systems (United States), Firestone Building Products (United States) and Chief Industries (United States).
Market Overview:
On 11 Jan 2018, Metal Sales Manufacturing Corporation, the nation's leading manufacturer of metal roof, wall and building systems, announced the launch of IMPACT Steel Building Solutions to be produced at the company’s branches in Denver, CO, and Temple, TX. Metal Sales’ IMPACT program is a powerful, free software which allows users to design cold-formed bolt-up steel buildings from the ground up.
Restraints
- A High Initial Cost of the Roofing
Opportunities
The Increasing Demand from Developing Regions
Key highlights of the Global Steel Roofing market Study:
CAGR of the market during the forecast period 2021-2027
In-depth information on growth factors that will accelerate the Steel Roofing market in next few years.
Detailed Insights on futuristic trends and changing consumer behaviour
Forecast of the Global Steel Roofing market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Vendors
Comprehensive information about factors that will challenge the growth of Steel Roofing Vendors
Transformation and Important Triggers:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Steel Roofing market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Steel Roofing market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment> by targeting key target audience that includes Steel Roofing Manufacturers, Steel Roofing Raw Material Suppliers, Steel Roofing Traders/Distributors, Steel Roofing Importer/Exporter, Regulatory Bodies, Industry Associations, End Users and Others.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.