Global Non-Residential Building Used Steel Roofing Market Size By Material Type, By End-Use Industry, By Application, By Geographic Scope And Forecast
Non Residential Building Used Steel Roofing Market
Global Non-Residential Building Used Steel Roofing Market Size By Material Type, By End-Use Industry, By Application, By Geographic Scope And Forecast
Published Date: July - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format
Global Non-Residential Building Used Steel Roofing Market Size By Material Type, By End-Use Industry, By Application, By Geographic Scope And Forecast
Non-Residential Building Used Steel Roofing Market Size And Forecast
Non-Residential Building Used Steel Roofing Market size was valued at USD 18.7 Billion in 2024 and is projected to reach USD 29.5 Billion by 2031, growing at a CAGR of 4.81%during the forecast period 2024-2031.
Global Non-Residential Building Used Steel Roofing Market Drivers
The market drivers for the Non-Residential Building Used Steel Roofing Market can be influenced by various factors. These may include
Durability and longevity Steel roofing is a popular choice for non-residential structures due to its exceptional durability and lengthy lifespan. Its resistance to inclement weather, such as torrential rain, snow, and gales, lessens the frequency of repairs or replacements.
Energy Efficiency Reflective coatings applied to steel roofs can help reduce heat absorption, which in turn increases building energy efficiency. This results in reduced cooling bills and is a big benefit in business environments where energy costs are high.
Benefits to the Environment Steel is a recyclable resource, and using recycled steel in roofing helps maintain the sustainability of the environment. Steel roofing can also be included into green building techniques, which are becoming more and more significant to organizations and authorities.
Steel roofing offers exceptional fire resistance and is non-combustible, making it an essential component of commercial and industrial structures’ safety. Building owners may also benefit from reduced insurance costs as a result of this attribute.
Versatility in terms of aesthetics Contemporary steel roofing is available in a range of designs, hues, and coatings, giving architects and builders the opportunity to accomplish their desired aesthetic goals while still utilizing steel’s advantageous properties. Steel roofing is a common option for a variety of non-residential buildings because of its adaptability.
Cost-Effectiveness Steel roofing is more cost-effective in the long run since it requires less care and lasts longer than certain other roofing materials, even though it requires a larger initial investment. Because of this, it’s a financially sensible choice for the duration of a building.
Installation Speed Steel roofing panels can be installed quickly and easily, which can save labor expenses and construction time. This is especially helpful for business ventures when reducing downtime is essential
Growth in the Construction Industry The demand for sturdy and dependable roofing materials, such as steel roofing, is driven by the continuous growth and expansion in the construction of commercial, industrial, and institutional structures.
Global Non-Residential Building Used Steel Roofing Market Restraints
Several factors can act as restraints or challenges for the Non-Residential Building Used Steel Roofing Market. These may include
High Initial prices Compared to more conventional roofing materials like asphalt or concrete, steel roofing materials and installation may have greater upfront prices.
Restricted Design alternatives Architects and designers who are searching for a certain style may find that steel roofing offers fewer design alternatives than other materials.
Noise perception Steel roofing may seem noisy to some users during rain or hailstorms, but this problem has been greatly mitigated by modern insulation measures.
Corrosion and Maintenance Regular maintenance is necessary for steel roofs to avoid corrosion, particularly in regions exposed to salt or high humidity. This can raise the overall cost over time.
Environmental Concerns While steel is recyclable, consumers who care about the environment may have concerns about the effects of steel roofing materials’ manufacture and transportation on the environment.
Installation Difficulties Steel roofing installation calls for certain knowledge and tools, which can cause installation times to increase and can cause delays in building projects.
Regulatory Compliance In some areas, especially when it comes to steel roofing materials and installation, adhering to building laws and regulations can make projects more complicated and expensive.
Global Non-Residential Building Used Steel Roofing Market Segmentation Analysis
The Global Non-Residential Building Used Steel Roofing Market is Segmented on the basis of Material Type, End-Use Industry, Application, and Geography.
Non-Residential Building Used Steel Roofing Market, By Material Type
Galvanized SteelSteel coated with a layer of zinc to prevent corrosion. It’s durable, cost-effective, and widely used in various industries.
Stainless SteelResistant to corrosion, heat, and chemicals, making it ideal for harsh environments like industrial facilities or coastal areas.
Corrugated SteelCharacterized by its wavy pattern, providing strength and structural integrity. Often used in agricultural, industrial, and commercial buildings.
Non-Residential Building Used Steel Roofing Market, By End-Use Industry
Commercial BuildingsIncludes offices, shopping centers, hotels, and other commercial establishments requiring durable roofing solutions.
Industrial FacilitiesSuch as warehouses, manufacturing plants, and distribution centers needing robust roofing to withstand heavy loads and environmental factors.
Educational InstitutionsSchools, colleges, and universities requiring long-lasting and low-maintenance roofing options.
Healthcare FacilitiesHospitals, clinics, and medical centers needing hygienic, easy-to-clean, and durable roofing materials.
Non-Residential Building Used Steel Roofing Market, By Application
New Construction ProjectsRoofing solutions for newly constructed buildings, offering design flexibility and durability from the outset.
Renovation ProjectsUpgrading existing roofs with steel materials for improved durability, energy efficiency, and aesthetics.
Retrofitting Existing BuildingsAdding steel roofing to older structures to enhance durability, weather resistance, and energy efficiency.
Non-Residential Building Used Steel Roofing Market, By Geography
North AmericaMarket conditions and demand in the United States, Canada, and Mexico.
EuropeAnalysis of the NON-RESIDENTIAL BUILDING USED STEEL ROOFING MARKET in European countries.
Asia-PacificFocusing on countries like China, India, Japan, South Korea, and others.
Middle East and AfricaExamining market dynamics in the Middle East and African regions.
Latin AmericaCovering market trends and developments in countries across Latin America.
Key Players
The major players in the Non-Residential Building Used Steel Roofing Market are
ATAS International
Bilka
BlueScope Steel Limited
Carlisle SynTec Systems
CertainTeed Roofing
Chief Industries
Drexel Metals Inc
EDCO
Firestone Building Products
Fletcher Building
Hangzhou Tianjin Building Materials
Headwaters Inc
Ideal Roofing
Interlock RoofingIsopan
Report Scope
REPORT ATTRIBUTES
DETAILS
STUDY PERIOD
2021-2031
BASE YEAR
2024
FORECAST PERIOD
2024-2031
HISTORICAL PERIOD
2021-2023
KEY COMPANIES PROFILED
ATAS International, Bilka, BlueScope Steel Limited, Carlisle SynTec Systems, CertainTeed Roofing, Chief Industries, Drexel Metals Inc, EDCO, Firestone Building Products.
SEGMENTS COVERED
By Material Type, By End-Use Industry, By Application, and By Geography.
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• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support
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