Albany, NY -- (SBWIRE) -- 03/15/2019 -- The growing construction industries, rapid urbanization and advancement of new product and technology are propelling demand for the global metal roofing market in the coming years. In addition, growing investment by government in several economies such as Malaysia, Indonesia, China and India in the construction industry is driving growth of the global metal roofing market in the coming years. High durability of metal roofs, easy installation and long life span is another trend promoting growth of the global metal roofing market in the coming years.
The increasing number of commercial projects around the globe such as hospitals, schools and hotel is driving growth of the global metal roofing market in the year to come. The favorable properties of metal roofs for instance improved air quality, reduction in noise and reduction of expense incurred for air conditioner are likely to drive growth of the global metal roofing market in the foreseeable future.
For More Info, Get Sample Report Here: https://www.marketresearchreports.biz/sample/sample/12030
On the other hand, high cost related with the installation and expensive metal roofing is major restraints affecting growth of the overall metal roofing market. In addition, in the snowy areas metal roof is not chosen as the snow falls and slip on pedestrians and property and this is another factor majorly hampering growth of the global metal roofing market in the year to come.
From the geographical point of view, Asia Pacific is likely to dominate in the global metal roofing market due to rising infrastructural growth in commercial and industrial sector, especially in developing economies such as China and India. The migration of people from rural to urban area is likely to propel growth of the global metal roofing market in these regions. Therefore, stimulating growth of the global metal roofing market in the upcoming years.
Metal Roofing Market: Introduction
As the name suggests, metal roofing is a roofing system made of metal or tiles. Metal roofs have a lifespan of approximately one hundred years and majority of manufacturers provide a 50-year warranty, which reflects positively on the sales of metal roofing and is expected to continue doing so during the forecast period. Installation of metal roofing offers a myriad of advantages, such as distinctive beauty, energy efficiency, fire safety, elimination of leaks & ice dams, high wind resistance and curbs fungus or moss growth. Attributing to such favorable properties, metal roofing is expected to garner attention from end users and the market is expected to gain traction over the forecast period.
Get Complete TOC and List of Figures of the Report at: https://www.marketresearchreports.biz/sample/toc/12030
Metals roofs are generally 100% recyclable and reflect heat and sunlight. They also minimize energy loss and energy cost and their light weight makes them suitable for use in old buildings as they provide integrity to the structure. Metal roofs also provide resistance against wind. Developing countries, such as India and China, are estimated to drive the metal roofing market. For instance, in 2015, the State Council of China announced the renovation of 8 million apartments and construction of 16 million new apartments.
Metal Roofing Market: Dynamics
Rapid urbanization, rising construction industry and development of new products and technology are expected to drive the metal roofing market during the forecast period. Investments by the governments of emerging economies, such as China, India, Indonesia and Malaysia, in the construction industry, coupled with the long lifespan, easy installation and high durability of metal roofs, are expected to further propel the global metal roofing the market during the forecast period.
Rise in the number of commercial projects across the globe, such as hotels, hospitals and schools, is expected to accelerate the growth of the metal roofing market during the forecast period. Favorable properties of metal roofs, such as noise reduction, improved quality of air and reduction in cost incurred for air conditioning, are expected to drive the metal roofing market during the forecast period.
High investment cost associated with the installation and high capital cost for Metal roof is expected to act an obstacle in the growth of Metal Roofing Market during the forecast period. In the snowy areas metal roof is not preferred as the snow slips and falls on property or pedestrians which is expected pose restraint in the growth of the Metal Roofing Market.
Browse Complete Research Report at: https://www.marketresearchreports.biz/industrial-automation/12030/metal-roofing-global-industry-market-research-reports
Metal Roofing Market: Segmentation
The metal roofing market can be segmented on the basis of product type as:
- Steel Roofing
- Copper Roofing
- Aluminum Roofing
The metal roofing market can be segmented on the basis of application as:
Metal Roofing Market: Market Participants
Examples of some of the market participants in the metal roofing market are:
- Metal Sales Manufacturing Corporation
- Jinhu Color Aluminum Group
- Ideal Roofing Co. Ltd
- Reed's Metals, Inc.
- ATAS International, Inc.
- DECRA Roofing Systems, Inc.
- Firestone Building Products
- Carlisle SynTec Systems
- BlueScope Steel Limited
- The OmniMax International, Inc.
MarketResearchReports.biz is a seller of syndicated market studies, featuring an exhaustive collection of research reports from leading international publishers. Our repository is diverse, spanning virtually every industrial sector and even more every category and sub-category within the industry. We also provide consulting services to enable our clients have a dynamic business perspective.