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The steel roofing market size was valued at $10.7 billion in 2020, and is estimated to reach $17.5 billion by 2032, growing at a CAGR of 4.2% from 2023 to 2032.<br>
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4/3/24, 8:24 PM Steel Roofing Market Growth, Segmentation and Key Companies Press release Steel Roo?ng Market Growth, Segmentation and Key Companies to Reach $17.5 bn by 2032 04-03-2024 10:40 AM CET | Industry, Real Estate & Construction Press release from: Allied Market Research Increasing population and urbanization are the main elements driving demand for residential and non-residential buildings. This positively in?uences the steel roo?ng market. The steel roo?ng market size was valued at $10.7 billion in 2020, and is estimated to reach $17.5 billion by 2032, growing at a CAGR of 4.2% from 2023 to 2032. Request PDF Sample Copy @ https://www.alliedmarketresearch.com/request- sample/A125190 Steel Roo?ng Market Commonly, the fastening types of metallic roo?ng including steel roo?ng are exposed and concealed fastened steel roo?ng. Exposed fastened roo?ng has its fasteners visible on the surface of the roof. This form of roof is low cost and easy to put in; however, the possibility of water seepage from the roof is higher. Contrarily, the possibility of leakage is much less with the concealed fastened roof; but, this roo?ng is more steeply-priced than the other alternative. Thus, attributable to the affordability of exposed fastened steel roofs, its proportion in total revenue generated in 2020 was more. On the other hand, because of the better aesthetics of concealed fastened roof, it's growth is predicted at a better CAGR during the forecast duration. Request Customization On Demands: https://www.alliedmarketresearch.com/request-for-customization/A125190 The market is also analyzed based on the distribution channels of steel roofs, which incorporate online and of?ine channels. In 2020, the of?ine segment contributed to the majority of the revenue generated via the steel roo?ng market. Its excessive proportion is attributed to the fact that the builders can determine the quality such as robustness, resistance to weathering actions, and other such qualities of the roof before buying, and the lead time between order placement and receiving of the products is essentially zero. On the other hand, the provision of a wide variety of steel roof through online methods is expected to have a positive effect on the online section. The market is particularly driven by the increase in the industrial and residential construction sector, recovery in the construction industry, and growth in spending on domestic building reworking and building preservation activities. However, ?uctuations in raw materials costs constrain the boom of the marketplace. On the other hand, the growing demand for environmentally sustainable homes is predicted to offer pro?table opportunities for the steel roo?ng market growth. Inquire Before Buying @ https://www.alliedmarketresearch.com/purchase-enquiry/A125190 Top Players: Competitive analysis and pro?les of the major players in the steel roo?ng such as Cornerstone Building Brands Inc. (MBCI), Ideal Roo?ng, Lifetite Metal Product LLC, Metal Sales Manufacturing Corporation, Linyi Jinhu Color Coating Aluminum Industry Co., Ltd, Central States Mfg, ATAS International, Inc., Tata BlueScope Steel, Bansal Roo?ng Products, and Stellar Buildtech. Key Findings Of The Study The report provides an extensive analysis of the current and emerging steel roo?ng market trends and dynamics. Depending on the fastening type, the exposed fastened segment dominated the steel roo?ng market, in terms of revenue in 2020. By distribution channel, the of?ine segment accounted for the highest market share in 2020. By end user, the residential segment is anticipated to grow with a higher CAGR during the forecast period. Asia-Paci?c is projected to register the highest growth rate in the coming years. The key players within the steel roo?ng market are pro?led in this report, and their strategies are analyzed thoroughly, which helps understand the competitive outlook of the steel roo?ng industry. The report provides an extensive analysis of the current trends and emerging opportunities in the market. In-depth steel roo?ng market analysis is conducted by constructing estimations for the key segments between 2023 and 2032. https://www.openpr.com/news/3450228/steel-roofing-market-growth-segmentation-and-key-companies 1/2
4/3/24, 8:24 PM Steel Roofing Market Growth, Segmentation and Key Companies Read More Reports: Roo?ng Tiles Market - https://www.alliedmarketresearch.com/roo?ng-tiles-market-A07136 Green Roof Market - https://www.alliedmarketresearch.com/green-roof-market-A08782 Solar Shading Systems Market - https://www.alliedmarketresearch.com/solar-shading-systems-market-A05986 Contact Us: United States 1209 Orange Street, Corporation Trust Center, Wilmington, New Castle, Delaware 19801 USA. Int'l: +1-503-894-6022 Toll Free: +1-800-792-5285 Fax: +1-800-792-5285 help@alliedmarketresearch.com Read More: https://medium.com/me/stories/public About Us: Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. 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. This release was published on openPR. Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release. © 2004 - 2024 openPR. All rights reserved. https://www.openpr.com/news/3450228/steel-roofing-market-growth-segmentation-and-key-companies 2/2
