Metal Roofing Industry Size

This study presents historical sales data 2007 2012 and 2017 and forecasts for 2022 and 2027 by product bituminous plastic metal rubber and other products by market new construction and reroofing by building type office retail and lodging.

Metal roofing industry size.

Through 2021 value demand for metal roofing will advance 2 0 annually to 3 5 billion. The global roofing market size was valued at 92 942 3 million in 2019 and is projected to reach 132 775 6 million by 2027 registering a cagr of 4 6 from 2020 to 2027. The 2017 north american metal roofing market is a 3 3 billion industry at the manufacturer factory gate level according to principia consulting s latest industry report. A roof is a structure that covers the houses or buildings and protects their interior and exterior.

Roofing offers protection from heat rain and other atmospheric conditions. The global roofing materials market size was usd 119 69 billion in 2019 and is projected to reach usd 151 49 billion by 2027 registering a cagr of 3 1 during the forecast period. Principia s upcoming metal roofing 2018 industry report will provide detail around the metal roofing market including market size and growth forecast voice of customer feedback channel dynamics and trends market share review and overall strategic insights into growth of metal roofing. Demand originates roughly equally from residential and commercial markets with commercial including agricultural structures accounting for slightly more than half.

The north america roofing market size was 29 864 4 million in 2017 and is projected to reach 47 517 8 million in 2025 growing at a cagr of 5 9. Demand is presented in area squares and dollar value. Roofing market outlook 2027. Reroofing had a key role in aiding metal roofing demand in 2016 with a variety of severe weather events causing heavy damage to roofs nationwide.

Metal roofing market global research report 2020 is a comprehensive business study on the current state of industry which analyses innovative strategies for business growth and describes important. This will restrain gains going forward as activity returns to more normal levels. And transportation and other and by us census subregion. The study includes standing seam corrugated ribbed panels and specialty panels but excludes cladding and pre engineered metal buildings.

Us demand for residential roofing products is forecast to advance 4 0 percent per year to 147 million squares in 2020 valued at 10 4 billion.