The flourishing construction industry is expected to have a tremendous impact on the market, states Fortune Business Insights, in a report, The market is primarily driven by growing demand for eco-friendly roofing materials.

The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.

Get a Sample PDF Brochure:

The report on the steel roofing market highlights:

  • Superior insights into the market
  • In-depth analysis of the segments
  • Recent trends and developments
  • Comprehensive study of regions
  • Important about prominent players

Market Driver:

Acquisition of Badger Building Supply by ABC Distribution to Propel Growth

The increasing collaborations and acquisitions among major companies are expected to foster the healthy growth of the market. For instance, ABC Distribution Co. Inc, a major, private American roofing supply company based in Beloit, Wisconsin announced it has acquired Badger Building Supply Inc. to expand its activities and operations at the West Milwaukee facility. The growing utilization of steel Roofs owing to its durability and effectiveness can create opportunities for the market in the forthcoming years. The growing use of environment-friendly products in the construction industry is expected to boost the growth of the market in the forthcoming years. Moreover, lightweight steel roofing reduces internal structural reinforcement needs in new building projects, reducing material and labor costs. In addition, the shift from conventional materials to robust construction materials is expected to duel demand for steel roofing, hence aiding the growth of the market.

However, the high installation cost and timely maintenance owing to its corrosive properties can subsequently limit its adoption, which, in turn, can hamper the market growth in the near future.

Get your Customization Report:

Regional Analysis:

Rising Infrastructure Development to Augment Growth in Asia Pacific

The market in Asia Pacific is expected to rise tremendously during the forecast period owing to the growing infrastructure development in the commercial and industrial sectors in nations like India and China. The growing government initiatives for the construction of schools and colleges in rural areas is predicted to enable speedy expansion of the market in the region. The market in North America is predicted to exhibit a high growth rate during the forecast period owing to the high living standards of people in the region, thus fueling demand for luxurious houses and bungalows. Europe is expected to hold a significant share due to the growing investments in the construction industry in the U.K., Italy, France, and Russia. The growing government spending on commercial and manufacturing sectors is expected to aid expansion in the region.

The Report Lists the Key Companies in the Steel Roofing Market:

  • The OmniMax International, Inc.
  • Jinhu Color Aluminum Group
  • Metal Sales Manufacturing Corporation Ideal Roofing Co. Ltd, Inc.
  • ATAS International, Inc.
  • Reed’s Metals, Inc.
  •  Firestone Building Products Company, Inc.
  • BlueScope Steel Limited
  • DECRA Roofing Systems, Inc.
  • Carlisle SynTec Systems.,

Related Posts:

Wood Flooring Market Latest Industry Size, Growth, Share, Demand, Trends, Competitive Landscape and Forecasts to 2029

Wood Flooring Market Size, Outlook, Geographical Segmentation, Business Challenges and Opportunities till 2029

Wood Flooring Market Size, Gross Margin, Trends, Future Demand, Analysis by Top Leading Players and Forecast till 2029

Wood Flooring Market Key Drivers, Restraints, Industry Size & Share, Opportunities, Trends, and Forecasts up to 2029

Wood Flooring Market Data Current and Future Trends, Industry Size, Share, Revenue, Business Growth Forecast to 2029

Wood Flooring Market Latest Industry Size, Growth, Share, Demand, Trends, Competitive Landscape and Forecasts to 2029

About Us:

Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.

Contact Us:

Fortune Business Insights Pvt. Ltd.

9th Floor, Icon Tower,

Baner – Mahalunge Road, Baner,

Pune-411045, Maharashtra, India.


US: +1 424 253 0390

UK: +44 2071 939123

APAC: +91 744 740 1245

Email: [email protected]

Connect us via Social Media Channels:

LinkedIn  Facebook  Twitter Blogs