Steel Roofing Market Scope and Growing Demands 2018 to 2023 | CertainTeed Roofing, Tata Steel Europe, NCI Building Systems, Kingspan Group, BlueScope Steel Limited, Fletcher Building, Nucor Building Systems

Steel roofing is a roofing system made from Steel pieces or tiles. Steel roofing can be a sensible way to protect home, especially if people live in an area that experiences a lot of storms, rapid temperature changes, beaming sun that melts asphalt, large hail, or heavy snowfall.

The global Steel Roofing industry is characterized by several large international manufactures and many smaller regional and local manufactures. Therefore, market share concentration is low. The two largest operators account for about 8.8% of total industry revenue in 2017, most manufactures operate locally and provide services to a small segment of the population.

According to this study, over the next five years the Steel Roofing market will register a 5.0% CAGR in terms of revenue, the global market size will reach US$ 9070 million by 2023, from US$ 6770 million in 2017.

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Nonetheless, market share has increased over the past five years because a number of companies were acquired during the recession. Larger companies are looking to expand their footprint in nearby areas, where they can add value and turn once-struggling operations into profitable ventures. Key market players include CertainTeed Roofing, Tata Steel Europe, NCI Building Systems, Kingspan Group, BlueScope Steel Limited, and Fletcher Building among others.

North America Steel Roofing's market size was valued at around USD 2806.9 million in 2017. Europe is expected to exceed USD 2097.7 million by 2018, at a CAGR of over 5.18% from 2013 to 2018. Asia-Pacific is estimated to be the third largest market for Steel Roofing in 2017, with China expected to lead the market in terms of growth rate from 2013 to 2018. China Steel Roofing market size is expected to reach US$ 820.4 million by 2018, with a CAGR of 4.77 % over the period 2013 to 2018.

The key manufacturers covered in this report:

CertainTeed Roofing, Tata Steel Europe, NCI Building Systems, Kingspan Group, BlueScope Steel Limited, Fletcher Building, Nucor Building Systems, Metal Sales Manufacturing Corporation, The OmniMax International, Safal Group, Isopan S.p.A., Pruszynski Ltd, McElroy Metal, Carlisle SynTec Systems, Firestone Building Products, Chief Industries, Ideal Roofing, Bilka, ATAS International, Interlock Roofing, Drexel Metals Inc, Headwaters Inc, Singer-Ruser(HZ) Building Materials Tech, EDCO, Reed's Metals, Hangzhou Tianjing Building Materials Company

To calculate the Steel Roofing Market size, Publisher considers value and volume generated from the sales of the following segments:

Segmentation by product type:

Corrugated Steel Panels
Steel Shingles and Shakes
Stone-coated Steel Tiles
Standing Seam

Segmentation by application:

Residential Buildings
Non-Residential Buildings

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In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives:

  • To study and analyze the global Steel Roofing consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
  • To understand the structure of Steel Roofing market by identifying its various subsegments.
    Focuses on the key global Steel Roofing manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
  • To analyze the Steel Roofing with respect to individual growth trends, future prospects, and their contribution to the total market.
  • To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
    To project the consumption of Steel Roofing submarkets, with respect to key regions (along with their respective key countries).
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
    To strategically profile the key players and comprehensively analyze their growth strategies.

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Posted by on Friday December 07 2018, 1:05 PM EST. All trademarks acknowledged. Filed under Business Services, Featured Press Release, Metallurgical, Metals & Minerals, Textiles. Comments and Trackbacks closed. Follow responses: RSS 2.0

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