U.S. & Canada Pre-painted Steel Roofing and Cladding Market by Size, Share, Demand & Forecast by 2032
The U.S. and Canada market for pre-painted steel roofing & cladding is anticipated to reach a value of US$ 2,756.0 Mn by the end of the forecast period. Due to the variety of design benefits and maintenance benefits, it can provide over the course of a building’s lifespan, pre-painted steel has grown to be one of the most popular building envelope solutions globally. Pre-painted steel is a widely used building material for industrial and commercial projects, as well as public sector buildings and better aesthetic developments, and is frequently chosen for its color options and cladding design options.
Color-coated steel is another term for pre-painted steel.
This steel is primarily used in the roofing and cladding industries.
Pre-painting is a one-of-a-kind process in which steel coils are cleaned,
pre-treated, and then painted with inorganic or organic paints. Depending on
the product, one or both sides can be primed and coated. This paint protects
the steel from atmospheric corrosion while also increasing its strength and
durability.
Steel roof panels have a significant advantage over other
roofing materials in terms of longevity. In contrast to asphalt shingles, which
trap heat inside, pre-painted steel roofing radiates it outside. Buildings with
adequate insulation and ventilation remain warmer in the winter and cooler in
the summer, reducing heating and cooling costs. Pre-painted metal has a wide
range of aesthetic possibilities, especially when used for metal wall and roof
panels in newly constructed or remodeled buildings.
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“Growing demand for roofing & cladding
solutions, from the end uses such as residential & non-residential sectors
is expected to propel the market growth.”
Key Takeaways:
- The
U.S. and Canada market for pre-painted steel roofing & cladding is
projected to witness a CAGR of the magnitude of 6% between
2022 and 2032.
- The
United States is expected to reach about US$ 2,462.1 Mn by
end of the year 2032.
- By
product type, pre-painted steel roofing is expected to remain one of the
fastest-growing segments and is further estimated to expand at a CAGR
of 4.7% during the forecast period.
- By
application, the new construction segment is anticipated to remain a key
segment for the consumption of pre-painted steel roofing & cladding
and is estimated to account for more than 85% of the
overall consumption for the year 2022.
Competitive Landscape
The U.S. and Canada Pre-Painted Roofing & Cladding
Market have a presence of numerous small-scale players along with some
prominent key players. Key Players are closely involved in developmental
activities such as acquisition, product launches & investments. Key Players
are closely involved in developmental activities such as acquisition, product
launches & investments.
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According to FMI analysis, Arcelor Mittal, ATAS, Englert
Inc., Tata BlueScope Steel, Western States Metal Roofing, Flexospan Steel
Buildings, Inc., Shandong Linxu Materials Co., Ltd., National Cladding Wales,
THOMAS PANELS & PROFILES, Scotia Metal Products, ExSteel, Coastal Metal
Service, Duchesne, Agway Metals Inc., Westman Steel Industries and others are
identified as the key manufacturers in the Pre-Painted Steel Roofing and
Cladding market.
For instance
- In
2020, Westman Steel acquired Scotia Metal Products Inc. to establish a
production plant in Halifax, Newfoundland, and expand into Atlantic
Canada.
- In
March 2017, Westman Group Inc. acquired a majority stake in Eagle Mountain
Structural Insulated Panel Systems (new name: Artspan). Artspan is an
industry-leading manufacturer of structural insulated steel panel
products.
- In
May 2020, Duchesne announced the introduction of three new steel profiles
to its LCD steel siding product line: LCD 6, LCD 8, and LCD 11. Also, Deep
Grey 28314 was added to the Duchesne Steel color offer. This color will be
available in both siding and roofing.
Pre-Painted Steel Roofing and Cladding Market
Segmentation
By Product Type:
- Steel
Roofing
- Steel
Cladding
By Resin Chemistry:
- Roofing
- PVDF
- SMP
- Polyester
- Acrylic
- Epoxy
- Others
- Cladding
- PVDF
- SMP
- Polyester
- Acrylic
- Epoxy
- Others
By Design:
- Roofing
- Standing
Seam Panels
- Corrugated
Panels
- PBR
Panels
- Western
Rib Panels
- Others
- Cladding
- Standing
Seam
- Snaplock
- Interlocking
- Flatlock
and Shingle
- Cassette
- Others
By Color:
- Roofing
- Matte
Black
- Charcoal
Gray
- Medium
Bronze
- State
Gray
- Regal
White
- Mansard
Brown
- Coloniel
Red
- Copper
Metallic
- Others
- Cladding
- Matte
Black
- Charcoal
Gray
- Medium
Bronze
- State
Gray
- Regal
White
- Mansard
Brown
- Coloniel
Red
- Copper
Metallic
- Others
By Application:
- Remodeling
& Renovation
- New
Construction
By End Use:
- Residential
- Non-residential
By Country:
- United
States
- Canada
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More Insights into the Pre-Painted Steel Roofing &
Cladding Market Report
In its latest report, Future Market Insights offers an
unbiased analysis of the U.S. and Canada Pre-Painted Steel
Roofing & Cladding market, providing historical data from 2017 to
2021 and forecast statistics for the period 2022-to 2032. To understand the
market potential, growth, and scope, the market is segmented based on product
type, resin chemistry, design, color, architure style, application, end use,
and country.
Table of Content
1. Executive Summary
1.1. U.S. and Canada Market Outlook
1.2. Demand Side Trends
1.3. Supply Side Trends
1.4. Technology Roadmap
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Key Market Trends
to be continued…!
About
FMI
Future Market Insights (ESOMAR certified market research
organization and a member of Greater New York Chamber of Commerce) provides
in-depth insights into governing factors elevating the demand in the market. It
discloses opportunities that will favor the market growth in various segments
on the basis of Source, Application, Sales Channel and End Use over the next
10-years.
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