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North America Steel Roofing Market: By Application: Residential, Commercial, Industrial; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, EMR’s Key Indicators for Demand; Price Analysis; Competitive Landscape; Industry Events and Developments
North America Steel Roofing Market Outlook
The North America steel roofing market stood at a value of almost USD 2.7 billion in 2020. The industry is further expected to grow at a CAGR of almost 5% in the forecast period of 2023-2028 to reach USD 3.7 billion by 2026.
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The steel roofing market in North America is being driven by the increased adoption of green building materials and products in the construction industry with the rising environmental concern among consumers in the region.
Properties and Applications
The roof is the top structure of a house or a building, which protects the same by covering its interior and exterior from damage, rain, dust, etc. Steel, being sturdy and durable in nature, is widely used in roofing systems, among other metal roofs.
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The market industry can be divided based on segments like applications and regions.
It finds wide applications in the following sectors:
- Residential
- Commercial
- Industrial
The EMR report looks into the regional markets like the United States of America and Canada.
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Market Analysis
With the increased construction activities in North America, the steel roofing industry is witnessing a healthy growth owing to products’ durability and high strength. As steel roofing ensures significant energy saving, the demand for the product has increased with the increasing demand for sustainable development. Further, these roofs are composed of high percentage of recycled steel, which ensures the reusability of the product, thus lowering its footprint on environment. Other significant drivers for the industry growth are the growing demand for high-tech office buildings and sophisticated housing systems, increasing GDP, population expansion, and the development of economic and industrial sector in the region. However, the fluctuation in the global steel prices, low thermal resistivity, and the susceptibility of structures to corrosion are the factors, which may restrain the market growth over the forecast period.
The residential segment, among other applications, is likely to support new construction projects like residential roofing and re-roofing activities, thus, boosting the product demand in the region. Moreover, the residential construction segment is expected to contribute significantly to the industry growth owing to the implementation of government schemes for green building materials.
Competitive Landscape
The report gives a detailed analysis of the following key players in the North America steel roofing market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- CertainTeed
- Owens Corning (NYSE: OC)
- American Buildings Company
- TAMKO Building Products LLC
- ATAS International, Inc.
- Others
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Application, Country |
| Breakup by Application | Residential, Commercial, Industrial |
| Breakup by Country | United States of America, Canada |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Trade Data Analysis | Major Importing Countries by Value and Volume, Major Exporting Countries by Value and Volume |
| Price Analysis | Historical and Forecast Price Trends- Regional |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | CertainTeed, Owens Corning (OC: NYSE), TAMKO Building Products LLC, American Buildings Company, ATAS International, Inc., Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 North America
7 Industry Opportunities and Challenges
8 Global Steel Roofing Market Overview
8.1 Key Industry Highlights
8.2 Global Steel Roofing Historical Market (2018-2022)
8.3 Global Steel Roofing Market Forecast (2023-2028)
8.4 Global Steel Roofing Market by Application
8.5 Global Steel Roofing Market by Region
8.5.1 Market Share
8.5.1.1 North America
8.5.1.2 Europe
8.5.1.3 Asia Pacific
8.5.1.4 Latin America
8.5.1.5 Middle East and Africa
9 North America Steel Roofing Market Analysis
9.1 Key Industry Highlights
9.2 North America Steel Roofing Historical Market (2018-2022)
9.3 North America Steel Roofing Market Forecast (2023-2028)
9.4 North America Steel Roofing Market by Application
9.4.1 Residential
9.4.1.1 Market Share
9.4.1.2 Historical Trend (2018-2022)
9.4.1.3 Forecast Trend (2023-2028)
9.4.2 Commercial
9.4.2.1 Market Share
9.4.2.2 Historical Trend (2018-2022)
9.4.2.3 Forecast Trend (2023-2028)
9.4.3 Industrial
9.4.3.1 Market Share
9.4.3.2 Historical Trend (2018-2022)
9.4.3.3 Forecast Trend (2023-2028)
9.5 North America Steel Roofing Market by Country
9.5.1 Market Share
9.5.1.1 United States of America
9.5.1.2 Canada
10 Regional Analysis
10.1 United States of America
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.1.3 Breakup by Application
10.2 Canada
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
10.2.3 Breakup by Application
11 Market Dynamics
11.1 SWOT Analysis
11.1.1 Strengths
11.1.2 Weaknesses
11.1.3 Opportunities
11.1.4 Threats
11.2 Porter’s Five Forces Analysis
11.2.1 Supplier’s Power
11.2.2 Buyer’s Power
11.2.3 Threat of New Entrants
11.2.4 Degree of Rivalry
11.2.5 Threat of Substitutes
11.3 Key Indicators for Demand
11.4 Key Indicators for Price
12 Price Analysis
12.1 United States of America Historical Price Trends (2018-2022) and Forecast (2023-2028)
12.2 Canada Historical Price Trends (2018-2022) and Forecast (2023-2028)
13 Competitive Landscape
13.1 Market Structure
13.2 Key Players
13.3 Company Profiles
13.3.1 CertainTeed
13.3.1.1 Company Overview
13.3.1.2 Product Portfolio
13.3.1.3 Demographic Reach and Achievements
13.3.1.4 Certifications
13.3.2 Owens Corning (OC: NYSE)
13.3.2.1 Company Overview
13.3.2.2 Product Portfolio
13.3.2.3 Demographic Reach and Achievements
13.3.2.4 Certifications
13.3.3 TAMKO Building Products LLC
13.3.3.1 Company Overview
13.3.3.2 Product Portfolio
13.3.3.3 Demographic Reach and Achievements
13.3.3.4 Certifications
13.3.4 American Buildings Company
13.3.4.1 Company Overview
13.3.4.2 Product Portfolio
13.3.4.3 Demographic Reach and Achievements
13.3.4.4 Certifications
13.3.5 ATAS International, Inc.
13.3.5.1 Company Overview
13.3.5.2 Product Portfolio
13.3.5.3 Demographic Reach and Achievements
13.3.5.4 Certifications
13.3.6 Others
14 Industry Events and Developments
Additional Customisations Available
1 Trade Data Analysis
1.1 Major Importing Countries
1.1.1 By Volume
1.1.2 By Value
1.2 Major Exporting Countries
1.2.1 By Volume
1.2.2 By Value
2 Value Chain Analysis
3 Manufacturing Process
3.1 Detailed Process Flow
3.2 Operations Involved
3.3 Mass Balance
4 Procurement Strategy
5 Project Details and Cost Analysis
5.1 Land, Location, and Site Development
5.2 Construction
5.3 Plant Machinery
5.4 Raw Material
5.5 Packaging
5.6 Transportation
5.7 Utilities
5.8 Manpower
5.9 Other Capital Investment
List of Key Figures and Tables
1. Global Steel Roofing Market: Key Industry Highlights, 2018 and 2028
2. Global Steel Roofing Historical Market: Breakup by Application (USD Billion), 2018-2022
3. Global Steel Roofing Market Forecast: Breakup by Application (USD Billion), 2023-2028
4. Global Steel Roofing Historical Market: Breakup by Region (USD Billion), 2018-2022
5. Global Steel Roofing Market Forecast: Breakup by Region (USD Billion), 2023-2028
6. North America Steel Roofing Market: Key Industry Highlights, 2018 and 2028
7. North America Steel Roofing Historical Market: Breakup by Application (USD Billion), 2018-2022
8. North America Steel Roofing Market Forecast: Breakup by Application (USD Billion), 2023-2028
9. North America Steel Roofing Historical Market: Breakup by Country (USD Billion), 2018-2022
10. North America Steel Roofing Market Forecast: Breakup by Country (USD Billion), 2023-2028
11. United States Steel Roofing Market: Key Industry Highlights, 2018 and 2028
12. United States of America Steel Roofing Historical Market: Breakup by Application (USD Billion), 2018-2022
13. United States of America Steel Roofing Market Forecast: Breakup by Application (USD Billion), 2023-2028
14. Canada Steel Roofing Market: Key Industry Highlights, 2018 and 2028
15. Canada Steel Roofing Historical Market: Breakup by Application (USD Billion), 2018-2022
16. Canada Steel Roofing Market Forecast: Breakup by Application (USD Billion), 2023-2028
17. United States of America Historical Price Trends and Forecast 2018-2028
18. Canada Historical Price Trends and Forecast 2018-2028
19. North America Steel Roofing Market Structure
Key Questions Answered in the Report
The market reached a value of USD 2.7 billion in 2020.
The market is projected to grow at a CAGR of nearly 5% in the forecast period of 2023-2028.
The market is estimated to reach a value of about USD 3.7 billion by 2026.
The major drivers of the industry include the rising disposable incomes, increasing population, expanding construction industry, and the rising demand for sustainable development.
The implementation of government schemes for green building materials is likely to be a key trend guiding the growth of the industry.
The United States of America and Canada are the leading regions in the market.
The leading application sectors include residential, commercial, and industrial, with the residential segment significantly boosting the growth of the market.
The leading players in the market are CertainTeed, Owens Corning, American Buildings Company, BlueScope, TAMKO Building Products LLC, and ATAS International, Inc., among others.
Analyst Review
The North America steel roofing market attained a value of USD 2.7 billion in 2020, driven by the growth in the construction industry. Aided by the products’ durability as well as high strength, the industry is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 5% to reach USD 3.7 billion by 2026.
EMR’s meticulous research methodology delves deep into the industry, covering the macro and micro aspects of the industry. On the basis of application, the market can be divided into residential, commercial, and industrial. The major regional markets for steel roofing are the United States of America and Canada. The key players in the above industry include CertainTeed, Owens Corning, American Buildings Company, BlueScope, TAMKO Building Products LLC, and ATAS International, Inc., among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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