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Metal Roofing Market Size, Share - Industry Trend and Forecast 2017 - 2025
MarketResearchReports.Biz announces addition of new report "Metal Roofing Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025" to its databaseThe objectives of this study are as follows:
To define, describe, and forecast the "Metal Roofing" market by type, application, component, delivery model, end user, and region
To provide detailed information regarding major factors influencing market growth (drivers, restraints, opportunities, and industry-specific challenges)
To analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market
To analyze opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders
To forecast the market size of market segments with respect to the four key regions: North America, Europe, Asia, and the Rest of the World (RoW)
To strategically profile the key players and comprehensively analyze their product portfolios, market positions, and core competencies
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A metal roofing is made up of metal pieces or tiles. When metal roofing is properly designed and installed, it can reduce energy consumption, and provide cost savings and immediate return on investment. Metal roofing helps extend the life of the roof and make roofs look beautiful. Metal roofs are available in a broad range of colors, finishes, and gauges that provide beauty improve aesthetics. The disadvantages of metal roofing system is the noise created when the rain hit the roof, and in snowy areas, the tendency of snow to easily fall off the roof and onto pedestrians or property. With benefits ranging from low maintenance to energy efficiency, metal is the foremost roofing material. Metal roofing is recognized for its durability and resistance to harsh weather. Metal roofs provide better protection against wind, hail, ice, snow, and fire.
Metal roofing is lightweight and can be installed on top of the existing roof. Lightweight metal roofing is useful for large and/or old structures, as it helps maintain the overall structural integrity of the building. Despite its lightweight, metal roofing provides improved wind resistance, as compared to other roofing materials, due to its interlocking panels. Metal roofing can consist of a high percentage of recycled material and is 100% recyclable. Additionally, they do not get as hot as asphalt, a commonly used roofing material, as it reflects the heat away from the building in the summer.
Expansion of the construction industry is driving the metal roofing market. Booming construction sector in developing countries and technological advancements boost the adoption of roofing systems, worldwide. China, and India have exhibited higher growth rate as compared to the developed countries in terms of construction and is expected to grow at a prominent rate in the future.
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In terms of material type, the metal roofing market has been segmented into copper, zinc, aluminum, tin, and steel. The material used in the metal roofing varies depending on the location. For instance, aluminum roofing is rust-resistant and an excellent option for coastal regions. Steel and aluminum are the most commonly used materials used for metal roofs. Copper roofing has been used around the world for centuries. Copper is a long-lasting metal that in ideal environments can last well over 200 years. Copper roofs are 100% recyclable making them a wonderful green roofing option. Aluminum metal roofs are often recommended for use in coastal climates as they are more resistant to salt corrosion as compared to other metal roofs.
Based on region, the metal roofing market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific dominates the global metal roofing market, due to overall economic growth, increase in urbanization, and rapid industrialization in the region. The market in Asia Pacific is expanding at a rapid pace due to growing population and increasing industrial, commercial, and residential infrastructures in the region. China is leading the metal roofing market in Asia Pacific. It is followed by Japan, India, Australia, South Korea, Malaysia, and Thailand.
Key manufacturers operating in the metal roofing market are ABC, Metal Sales Manufacturing Corporation, Firestone Building Products Company.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
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The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market
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