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Purlins And Side Rails Market Expected to Achieve 6.7% CAGR by 2029: Growth Forecast Insights
Purlins And Side Rails
How Large Will the Purlins And Side Rails Market Size By 2025?
A surge in growth has been witnessed in the market for purlins and side rails in the recent years. The market, which will enlarge from $4.15 billion in 2024 to $4.45 billion in 2025, will observe a compound annual growth rate (CAGR) of 7.0%. Factors contributing to this surge during the past period include increased adoption of lightweight structural elements, a rise in industrial and commercial infrastructure developments, growing preference for cost-effective framing options, escalated usage in pre-fabricated buildings, and an increased demand for materials resistant to corrosion.
How Big Is the Purlins And Side Rails Market Size Expected to Grow by 2029?
The market for purlins and side rails is set to witness significant expansion in the coming years, with predictions suggesting a growth to $5.76 billion by 2029, propelled by a compound annual growth rate (CAGR) of 6.7%. The projected growth during this period can be credited to an increasing endorsement of eco-friendly building standards, a surge in demand for energy-saving construction solutions, acceleration in urbanization and smart city initiatives, heightened utilization of prefabricated construction techniques, and swelling infrastructure development in growing economies. Some major forecast trends include ongoing enhancements in high-strength lightweight materials, progress in anti-corrosion coatings, the amalgamation of digital design and fabrication tools, advancements in roll-forming technology, and inventive modular construction systems.
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Which Key Market Drivers Powering Purlins And Side Rails Market Expansion and Growth?
The uptick in home renovations is anticipated to boost the expansion of the market for purlins and side rails. Home renovation involves the enhancement, refurbishment, or repair of a residential property to augment its functionality, aesthetics, and worth. The surge in home renovations has resulted from the aging of housing stocks, as numerous houses that are decades old now necessitate repairs and improvements in energy, as well as, redesigned layouts. This prompts homeowners to opt for renovations instead of reconstruction or relocation. Purlins and side rails facilitate home renovations by supplying robust, yet lightweight structural frames for roofs and walls. These features expedite the installation process and augment overall durability, thus becoming the go-to choice for modern extensions and retrofits. For example, in June 2024, Statistics Finland, a government agency based in Finland, reported that homeowners spent €5.2 billion ($5.63 billion) on their residential properties and buildings in 2023. This represents a 2.7% increase from the 2022 figure. Thus, the escalating trend of home renovations is spurring the growth of the purlins and side rails market.
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Which Fast-Growing Trends Are Poised to Disrupt the Purlins And Side Rails Market?
In the world of purlins and side rails, leading corporations are focusing their efforts on creating innovative new products such as structural steel purlins. These are designed to increase strength, expedite installation, and cater to contemporary construction requirements. Structural steel purlins are horizontal steel sections utilized in building frameworks to uphold roof and wall sheeting, offering superior strength, durability, and anti-warping characteristics compared to traditional timber. As an illustration, East Caribbean Metals Industries Ltd., a metal fabrication corporation based in Caribbean, unveiled its new C and Z purlins in April 2025. These structural steel parts serve as progressive substitutes to timber for roofing and construction frameworks in the Caribbean. Manufactured from high-tensile galvanized steel, they offer exceptional strength, corrosion resistance, and long-term financial benefits. These lightweight purlins can also be rapidly installed due to their modular designs and pre-punched holes and are compatible with Colorbond and Zincalume roofing. The purlins present a robust, long-lasting, and efficient solution designed to accommodate the Caribbean's unique weather challenges, offering advantages to residential, commercial, and industrial construction endeavors.
What Are the Emerging Segments in the Purlins And Side Rails Market?
The purlins and side rails market covered in this report is segmented -
1) By Product Type: Sleeved, Butted, Heavy End Bay, Double Span, Other Product Types
2) By Material: Steel, Aluminum, Other Materials
3) By Distribution Channel: Direct Sales, Distributors, Online Retail, Wholesale Suppliers
4) By End User Industry: Automotive, Manufacturing, Energy And Power, Warehouse And Logistics, Commercial
Subsegments:
1) By Sleeved: Cold-Rolled Sleeved Purlins, Hot-Rolled Sleeved Purlins, Galvanized Sleeved Purlins
2) By Butted: Flat Butted Purlins, Overlapped Butted Purlins, Precision-Cut Butted Purlins
3) By Heavy End Bay: Reinforced Heavy End Bay Purlins, Pre-Galvanized Heavy End Bay Purlins, Structural Steel Heavy End Bay Purlins
4) By Double Span: Continuous Double Span Purlins, Lapped Double Span Purlins, Adjustable Double Span Purlins
5) By Others Product Types: Z-Shaped Purlins, C-Shaped Purlins, Sigma Purlins, Eaves Beams, Eaves Struts
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Who Are the Global Leaders in the Purlins And Side Rails Market?
Major companies operating in the purlins and side rails market are ArcelorMittal S.A., Tata Steel Limited, Voestalpine AG, Kingspan Group plc, Rautaruukki Corporation, Canam Group Inc., Lindab Group AB, ClarkDietrich Building Systems LLC, Steel & Tube Holdings Limited, Hadley Group Limited, Stratco Pty Ltd, Hi-Span Limited, Ayrshire Metals Limited, Duggan Steel Group Ltd., Zamil Steel Holding Company Ltd., Flexospan Steel Buildings Inc., Mutiara Roofing Industries Pvt. Ltd., Albion Sections Ltd., Santani Steel Private Limited, Millform Products Pty Ltd., VGS Solar And Building Systems Pvt. Ltd., BW Industries Ltd
Which are the Top Profitable Regional Markets for the Purlins And Side Rails Industry?
North America was the largest region in the purlins and side rails market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the purlins and side rails market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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