Metal Roofing Market - Snapshot

Roofing materials are external layers on the roof of a building, either self-supporting or supported by an underlying layer. They provide shelter from natural elements and offer excellent insulation. Roofing materials comprise natural products, such as thatches and slates, and commercially available products such as tiles, metals, and plastic sheeting. With advancements in building techniques and increased varieties of materials being used in roofing systems, it has become difficult to select correct material for roofing systems. A metal roofing is a durable, versatile, and easy-to-maintain building material.  Booming construction industry across developing economies led by rapid urbanization and rise in the demand for energy-efficient and eco-friendly roofing systems are factors driving the global metal roofing market.

Rise in the demand for green construction materials and materials with low lifecycle cost, growth of the construction industry, and government initiatives for green construction materials are key factors driving the global metal roofing market. The metal roofing market in Asia Pacific has been expanding since 2016 due to rapid urbanization, growth in population, and increase in industrialization in the region. The outlook for the market in Asia Pacific appears promising.

Significant growth of the construction industry and increase in usage of eco-friendly roofing materials in end-use industries are major factors boosting the global metal roofing market. Moreover, adoption of solar power and energy codes in roofing systems continues to influence the metal roofing market. Increase in the consumption of recyclable roofing materials and lightweight, flexible materials is fueling the global metal roofing market. Metal roofs play a major role in attaining sustainable roofing, as they are made from a high percentage of recycled materials. Metal roofs is a durable and long-lasting building material that can provide significant energy savings to the building envelope. They can also improve energy efficiency factor of buildings. Furthermore, growth of residential and commercial sectors in developing economies is another factor estimated to augment the metal roofing market during the forecast period.

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Metal roofs are 2–3 times costlier than conventional roofing systems. This hampers the market. However, advantages of metal roofs such as long-term durability, eco-friendliness, and high energy efficiency are likely to boost the demand for metal roofs from the construction industry. Furthermore, increase in repair and refurbishment of existing buildings is likely to provide lucrative opportunities to the metal roofing market in the near future.

The global metal roofing market has been segmented based on metal type, type, construction type, and end-user. In terms of metal type, the market has been divided into steel, aluminum, copper, and others (including tin, titanium, and zinc). Steel was the dominant segment, holding more than 60% share of the global market in 2017. In terms of type, the global metal roofing market has been classified into flat seam, batten seam, standing seam, corrugated, and others (including shingles, panels, and through-fastened metal roofing). Standing seam was the leading segment, accounting for about 25% of the market share in 2017. Standing seams are employed in all types of metal roofing systems. Standing seam roofing offers several advantages over other types of metal roofing. It is long lasting. It offers reliable and maintenance-free protection.

In terms of construction type, the metal roofing market has been classified into new construction and renovation. Owing to its durability and flexibility, metal roofs are widely consumed in the renovation type of construction. Based on end-user, the global metal roofing market has been segregated into residential, commercial, and industrial. Demand for metal roofs is largely driven by rise in output of the construction industry. Urbanization initiatives and steady emigration have gained momentum in several developing economies, thereby driving the construction industry. This, in turn, acts as a primary factor boosting the metal roofing market in these countries. Additionally, steady emigration is expected to ensure high demand for new housing, leading to stable demand for metal roofing products.

In terms of region, the global metal roofing market has been segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific experienced the maximum demand for metal roofs in 2017. Overall economic growth, increase in industrialization, and rise in urbanization in China, Vietnam, India are fueling the metal roofing market in Asia Pacific. The metal roofing market in North America is expanding at a moderate rate, due to increase in re-roofing activities in developed economies such as the U.S. and favorable housing loan plans for expatriates. In Europe, the metal roofing market in Germany, the U.K., Italy, France, and Russia is fragmented. Middle East & Africa is expected to be a prominent region of the global metal roofing market during the forecast period, due to growth of the construction sector and increase in government expenditure on commercial and industrial sectors in the region. This is also projected to create significant opportunities for metal roofing manufacturers in the near future, primarily in the industrial sector in GCC.

Key players profiled in the report on the global metal roofing market are Owens Corning, Saint-Gobain S.A., Carlisle Companies Incorporated, ATAS International Inc., Tegral Building Products Ltd. (Tegral), Etex, Safal Group, Sunlast Metal Inc., Metal Sales Manufacturing Corporation, Thompson Architectural Metals Company (TAMCO), SKC Thailand Co. Ltd., CSR Limited, Coastal Metal Service, and Worthouse.

Metal Roofing Market - Overview

This report analyzes and forecasts the metal roofing market at the global and regional levels. The market has been forecast in terms of value (US$ Mn) and volume (million square meters) from 2018 to 2026. The study includes drivers and restraints of the global market. It also covers the anticipated impact of these drivers and restraints on the demand for metal roofing during the forecast period. The report also highlights growth opportunities in the global metal roofing market.

The report comprises detailed value chain analysis, which provides a comprehensive view of the global metal roofing market. The Porter’s Five Forces model has also been included to help understand the competition landscape of the market. The study encompasses market attractiveness analysis, wherein type, metal type, construction type, and end-user segments have been benchmarked based on their market size, growth rate, and general attractiveness.

The study provides a decisive view of the global metal roofing market by segmenting it in terms of type, metal type, construction type, and end-user. These segments have been analyzed based on the present and future trends. Regional segmentation includes the current and projected demand for metal roofing in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report also covers the demand for these roofs in individual type, metal type, construction type, and end-user segments across all regions. Key players operating in the global metal roofing market are Owens Corning, Saint-Gobain S.A., Carlisle Companies Incorporated, ATAS International Inc., Tegral Building Products Ltd. (Tegral), Etex, Safal Group, Sunlast Metal Inc., Metal Sales Manufacturing Corporation, Thompson Architectural Metals Company (TAMCO), SKC Thailand Co. Ltd., CSR Limited, Coastal Metal Service, and Worthouse. Market players have been profiled in terms of company overview, financial overview, business strategies, and recent developments.

The report provides size (in terms of volume and value) of the metal roofing market for the base year 2017 and the forecast for the period between 2018 and 2026. Market numbers have been estimated based on type, metal type, construction type, and end-user segments of the market. Market size and forecast for each type, metal type, construction type, and end-user segment have been provided for the global and regional markets.

In-depth interviews and discussions have been conducted with a number of key market participants and opinion leaders to compile this research report. Primary research represents a bulk of research efforts, supplemented by extensive secondary research. Annual reports, press releases, and relevant documents of key players operating in various end-use industries have been reviewed for competition analysis and market understanding. Secondary research also includes search of recent trends, trade publications, technical writing, Internet sources, and statistical data from government websites, trade associations, and agencies. This has proved to be a reliable, effective, and successful approach for obtaining precise market data, capturing market participants’ insights, and recognizing growth opportunities.

Global Metal Roofing Market, by Type

  • Steel
  • Aluminum
  • Copper
  • Others (Including Tin, Zinc, and Titanium)

Global Metal Roofing Market, by Metal Type

  • Flat Seam
  • Batten Seam
  • Standing Seam
  • Corrugated
  • Others (Including Shingles, Panels, and Through-fastened Metal Roofing)

Global Metal Roofing Market, by Construction Type

  • New Construction
  • Renovation

Global Metal Roofing Market, by End-user

  • Residential
  • Commercial
  • Industrial

Global Metal Roofing Market, by Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • U.K.
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • India
    • ASEAN
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • South Africa
    • GCC
    • Rest of Middle East & Africa

Key Takeaways

  • Extensive analysis of the global metal roofing market trends from 2018 to 2026 to identify growth opportunities and analyze market developments
  • List of key developments made by leading players in the global metal roofing market
  • List of major factors useful for building a roadmap of upcoming opportunities in the metal roofing market at the global, regional, and country levels
  • Comprehensive analysis with respect to investments and trends that would impact the outlook for the global metal roofing market between 2018 and 2026
  • Insights into growth opportunities for various stakeholders in the market value chain and a detailed competition landscape of key players operating in the market to help understand the competition level
  • Porters’ Five Forces analysis that highlights the potency of buyers and suppliers and enables stakeholders to make profit-oriented business decisions
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