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Metal Roofing Market Through Their Eyes Techniques for Deep Understanding in Observational Research

Metal Roofing Market

Metal Roofing Market

The global metal roofing market saw a surge of activity in 2020, reaching a total value of $23.8 billion. Forecasters predict a steady climb to $33.5 billion by 2030, with a Compound Annual Growth Rate (CAGR) of 3.5% projected from 2021 to 2030.

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A detailed analysis of market trends, top segments, investment prospects, the value chain, regional landscapes, and competition scenarios has been provided by Allied Market Research.

Key factors driving this growth include the rising demand for metal roofing in various industries and governmental support for construction projects. Despite this, alternatives are limiting growth. However, growth in developing countries' construction industries offers new opportunities.

The Covid-19 pandemic, with its lockdown measures and subsequent halt in construction, significantly affected the market. Supply chain disruptions, labor shortages, and raw material scarcity slowed manufacturing activities. Post-lockdown, these activities are expected to resume at full capacity.

The steel segment held the largest share in 2020, with over two-fifths of the total market. However, the zinc segment is expected to grow the fastest, with a CAGR of 4.4% from 2021 to 2030.

In terms of end-users, the commercial sector took the lead in 2020, accounting for almost two-fifths of the total market. The residential sector is expected to grow the fastest, with a CAGR of 4.2% from 2021 to 2030.

Regionally, Asia-Pacific led the market in 2020, accounting for almost two-fifths of the total share. It is projected to maintain this position until 2030, with the fastest CAGR of 3.9% during the forecast period.

Key players in the global metal roofing market include Metal Sales Manufacturing Corporation, Ideal Roofing Co. Ltd., Jinhu Color Aluminum Group, Central States Mfg, Boral Roofing, MBCI, Lifetite Metal Products LLC, ATAS International, Inc., McElroy Metal, and Aditya Profiles.

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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.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. 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.

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