Global Metal Roofing Market Overview:

The Global Metal Roofing Market is Valued at USD 14500.0 Million in 2018 and will reach USD 17900.0 Million by the end of 2023.

Nowadays, increase in the urbanization and proliferation in construction activities are creating high demand for utilization of enduring construction materials. Metal acts as a more durable and long-lasting alternative for roofing purpose, as compared to wood or any other material. Rise in demand for fully recyclable materials in building and construction activities is resulting in the significant expansion of the global metal roofing market during the forecast period.

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According to the market research report, the number of benefits of metal roofing such as high durability, resistance against strong wind, safe against fire and others are causing the paradigm shift towards utilization of metallic materials for roofing purposes, over traditional wood and other materials. The Metals Roofs are generally 100% recyclable and reflect heat & sunlight. Metals Roofs also minimize energy loss and energy cost and their light weight make them suitable for use in old buildings as they provide integrity to the structure. Metal roofs also provide resistance against wind. Developing countries, like India and China, are estimated to drive the metal roofing market.

The Global Metal Roofing Market is segmented on the basis of Type, End-User and Region. Based on the Type, the Global Metal Roofing Market is sub-segmented into Steel Roofing, Copper Roofing, Aluminum Roofing and others. On the basis of End-User, the Global Metal Roofing Market is classified into Residential, Commercial and Industrial.

As per the geographic analysis, APAC region is expected to witness robust growth in the Metal Roofing Market, owing to the rising infrastructural development in commercial and industrial sectors, particularly in emerging economies, such as India and China. Along with this, migration of population from rural to urban areas in these economies is expected to propel the demand for metal roofs, thereby leading to the growth of the metal roofing market during the forecast period. North America and Europe are expected to witness significant growth in the metal roofing market. This can be attributed to the high standard of living in these regions, which is leading to the renovation of building projects.

Industry Updates:

Fletcher Building (February 20, 2019) – Fletcher Building announces return to profitability, dividend declared – Fletcher Building today announced net earnings of $89 million for the six months ended 31 December 2018, compared with a loss of $273 million for the first half of FY18.

EBIT before significant items was $285 million compared with a loss of $322 million in the prior period. Half year earnings were 8% lower when compared with EBIT before significant items (adjusted for B+I provisions) of $309 million for the first half of FY18. This is within the guidance given at the Annual Shareholders' Meeting (ASM) in November 2018.

Top Leading Key Manufacturers are: NCI Building Systems, Kingspan Group, BlueScope Steel Limited, CertainTeed Roofing, Fletcher Building, Headwaters Inc, Nucor Building Systems, Tata Steel Europe, The OmniMax International, Metal Sales Manufacturing Corporation, McElroy Metal, Safal Group, Carlisle SynTec Systems, Isopan S.p.A., Firestone Building Products and others. New product launches and continuous technological innovations are the key strategies adopted by the major players.

Region segment: This report is segmented into several key regions, with sales, revenue, market share (%) and growth Rate (%) of Metal Roofing in these regions, from 2013 to 2023 (forecast), covering: North America, Europe, Asia Pacific, Middle East & Africa and South America

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With the presence of a large pool of participants, the Global Metal Roofing Market is displaying a highly competitive business landscape, finds a new research report by Business Industry Reports (BIR). NCI Building Systems, Kingspan Group, BlueScope Steel Limited, CertainTeed Roofing, Fletcher Building, Headwaters Inc, Nucor Building Systems, Tata Steel Europe, The OmniMax International, Metal Sales Manufacturing Corporation, McElroy Metal, Safal Group, Carlisle SynTec Systems, Isopan S.p.A., etc. are some of the key vendors of Metal Roofing across the world. These players across Metal Roofing Market are focusing aggressively on innovation, as well as on including advanced technologies in their existing products.

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