USA and Canada Pre-Painted Steel Roofing and Cladding Market Poised for US$ 2,756.0 Million Growth by 2032: Capitalize on the Rising Demand

 

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

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Pre-Painted Steel Roofing and Cladding Market Segmentation

By Product Type:

  • Steel Roofing
  • Steel Cladding

By Resin Chemistry:

  • Roofing
  • Cladding

By Design:

  • Roofing
  • Cladding

By Color:

  • Roofing
  • Cladding

By Application:

  • Remodeling & Renovation
  • New Construction

By End Use:

  • Residential
  • Non-residential

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Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of ~400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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About the Author

Ronak Shah

Associate Vice President at Future Market Insights is deeply committed to uncovering actionable insights for consumer and food and beverage players. She brings a unique blend of analysis, industry trends, and consumer behavior to put data into perspective.

What she makes out of data becomes a delight to read. She has authored many opinions, including for publications like Process Industry Informer and Spinal Surgery News, as she understands the market pulse and consumers' shifting preferences.

She likes to bring experts to a roundtable to weigh the impact of a trend on an industry. Catch up with her discussion on the impact of AI in packaging.

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