USA and Canada Pre-Painted Steel Roofing and Cladding Market Size, Share, Demand & Growth by 2032
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.
The USA
and Canada market for pre-painted steel roofing & cladding size is
anticipated to reach a value of US$ 2,756.0 Million by the end of the forecast
period. USA & Canada Pre-Painted Steel Roofing and Cladding Market to reach
a value of US$ 1.8 Billion by 2022 and estimated to cross US$ 2.7 Billion at a
CAGR of 4.6% by 2032 end. 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.
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
USA & Canada market for pre-painted steel roofing & cladding is
projected to witness a CAGR of the magnitude of 4.6% between 2022 and
2032.
- The
United States is expected to reach about US$ 2,462.1 Million by the 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 USA & 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.
Key Companies Profiled
- 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.
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