Steel Roofing Market Analysis
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According to The Business Research Company’s Steel Roofing Market report, an increase in investments in the construction of residential buildings is expected to drive the growth of the Steel Roofing market in the future. A dwelling is a building constructed for the purpose of lodging and used for ordinary living purposes, with or without cooking or dining facilities. This construction includes one or more family dwellings, lodgings or dwelling houses.
The global steel roofing market size grew from US$4.15 billion in 2022 to US$4.26 billion in 2023 at a compound annual growth rate (CAGR) of 2.8%. The Russia-Ukraine war has, at least in the short term, disrupted the chances of a global economic recovery from the COVID-19 pandemic. The war between these two countries has resulted in economic sanctions against several countries, a surge in commodity prices and supply chain disruptions, leading to inflation in goods and services and affecting many markets around the world. The steel roofing market size is expected to grow to US$4.56 billion by 2027 at a CAGR of 1.7%.
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Major competitors in the steel roofing market include Metal Sales Manufacturing Corporation, Jinhu Color Aluminum Group, Ideal Roofing Co Ltd., Reed’s Metals Inc., ATAS International Inc., DECRA Roofing Systems Inc., Firestone Building Products, Carlisle SynTec Systems and BlueScope Steel Limited, The OmniMax International Inc., Tata Steel, ABC Supply Co Inc., Corner Stone Building Brands, Bilka, Mcelroy Metals, Nucor Building Systems and the Safal Group.
The steel roof market is segmented –
• By type: Color coated roofing panels, galvanized panels, curved panels, tiled roofing panels, other types
• By type of construction: new construction, renovation
• By end user: residential, commercial, agricultural, industrial
• By geography: Asia Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Western Europe was the largest region in the steel roof market.
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A steel roof refers to a type of roofing system made up of steel parts or tiles. Steel roofs are specially designed to last longer than any other roofing material. The installation of the steel roofs offers aesthetics, energy efficiency and durability and prevents leaks. The steel roofs can be recycled.
Table of Contents for Steel Roofing Market Includes:
1. Summary
2. Features of Steel Roofing Market
3. Steel Roofing Market Trends and Strategies
4. Steel Roofing Market – Macroeconomic Scenario
5. Steel Roofing Market Size & Growth
……
26th Africa Steel Roof Market
27. Competitive Landscape and Company Profiles in Steel Roofing Market
28. Major mergers and acquisitions in the steel roofing market
29. Future Outlook and Potential Analysis for the Steel Roofing Market
30. Appendix
The Business Research Company’s Global Steel Roofing Market Report 2023 is a comprehensive report covering all facets of a market covering 60+ regions and 2500+ market segments. The Region and Country Breakdown section analyzes the market in each region and the market size by region and country. Additionally, it evaluates the historical and forecast growth of the market and identifies key trends and strategies that companies can leverage for business expansion.
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