Pre-Engineered Buildings Market Research Report 2019-2026 | Top Players BlueScope Steel, Era Infra, Everest Industries, Jindal Buildsys, Lloyd Insulations

The manufacturers of pre-engineered buildings are focusing toward business expansion and new projects as a strategy to increase their pre-engineered buildings market shares. For instance, in April 2019, Metsa Group invested around US$2 billion in pre-engineering building to expand its bioproduct mill in Finland and Rauma. Similarly, in October 2019, Saudi Arabia based Zamil Steel, a PEB company expanded its Ranjangaon plant to increase their production capacity.

Global pre-engineered buildings market size was valued at $12.5 billion in 2018, and is projected to reach $37.8 billion by 2026, growing at a CAGR of 14.5% from 2019 to 2026. In 2018, by structure, the single-story segment accrued the largest share in the global market. In addition, the expansion of commercial infrastructure sector throughout the globe especially in emerging nations such as Brazil, China, and India fuels the demand for pre-engineered buildings.

Download Sample PDF@ https://www.alliedmarketresearch.com/request-sample/3178

Furthermore, the growth of the commercial and industrial sector, owing to increase in urbanization and population around the globe is projected to propel the demand for pre-engineered buildings in the coming years. Currently, by application, in 2018, the commercial segment have garnered significant market share, owing to expansion of infrastructure sector in the developing regions. For instance, in January 2019, India-based Pennar Engineered Building Systems Limited constructed 18-storey commercial building and 6-storey school building in India. In addition, the industrial segment is expected to exhibit significant growth during the forecast period. In terms of region, Asia-Pacific and Europe collectively contributed around 69.1% of share in the global pre-engineered buildings market in 2018. This is attributed to its cost-effectiveness, high durability, good strength, recyclability, and time saving benefits as compared to RCC building. However, the industrial segment is expected to portray the fastest CAGR of 15.3% from 2019 to 2026, owing to reduced construction cost by 40% and supportive government initiatives.

The key players profiled in the pre-engineered buildings market report include BlueScope Steel, Era Infra, Everest Industries, Interarch Building Products, Jindal Buildsys, Kirby Building Systems, Lloyd Insulations, PEB Steel Buildings, Tiger Steel Engineering, and Zamil Steel.

For Purchase Enquiry@ https://www.alliedmarketresearch.com/pre-engineered-building-market/purchase-options

Key Findings of the Study:
o The report provides an extensive analysis of the current and emerging pre-engineered buildings market trends and dynamics.
o Depending on structure, the single-story segment dominated the market, in terms of revenue in 2018 and is projected to grow at a CAGR 14.2% during the forecast period.
o By application, the industrial segment led the pre-engineered buildings market in 2018.
o LAMEA is projected to register the highest growth rate in the coming years.
o The key market players within the market are profiled in this report, and their strategies are analyzed thoroughly, which help understand the competitive outlook of the pre-engineered buildings industry.
o In-depth pre-engineered buildings market analysis is conducted by constructing estimations for the key segments between 2018 and 2026.
o The global pre-engineered buildings market forecast analysis from 2019 to 2026 is included in the report.

Explore Full Report @ https://www.alliedmarketresearch.com/pre-engineered-building-market

Contact us:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
Follow us on: https://www.linkedin.com/company/allied-market-research

About us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

This release was published on openPR.