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Steel Roofing Market

ID: MRFR/PCM/6841-CR
116 Pages
Snehal Singh
July 2021

Steel Roofing Market Research Report Information by Type (Corrugated Steel Panels, Steel Shingles and Shakes, Stone-Coated Steel Tiles, and Standing Seam), Application (Non-Residential, and Residential), and Region (North America, Europe, Asia-Pacific, Middle East & Africa, and South America) - Forecast till 2035

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Steel Roofing Market Summary

As per MRFR analysis, the Steel Roofing Market Size was estimated at 3.17 USD Million in 2024. The Steel Roofing industry is projected to grow from 3.26 in 2025 to 4.29 by 2035, exhibiting a compound annual growth rate (CAGR) of 3.09 during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The Steel Roofing Market is experiencing a robust growth trajectory driven by sustainability and innovation.

  • The market is increasingly oriented towards sustainability, with a growing emphasis on eco-friendly materials and practices.
  • Innovative aesthetics are becoming a focal point, as consumers seek visually appealing roofing solutions that complement modern architecture.
  • Low-maintenance solutions are gaining traction, particularly in the residential segment, which remains the largest market for steel roofing.
  • Rising demand for energy efficiency and durability are key drivers, particularly in North America, where galvanized steel dominates the market.

Market Size & Forecast

2024 Market Size 3.17 (USD Million)
2035 Market Size 4.29 (USD Million)
CAGR (2025 - 2035) 3.09%

Major Players

Metal Sales (US), CertainTeed (US), GAF (US), Tamko Building Products (US), ATAS International (US), McElroy Metal (US), Boral Steel (US), NCI Building Systems (US)

Steel Roofing Market Trends

The Steel Roofing Market is currently experiencing a dynamic evolution, driven by various factors that influence consumer preferences and industry practices. The increasing emphasis on sustainability and energy efficiency appears to be a primary catalyst for growth. As environmental concerns gain traction, more builders and homeowners are gravitating towards steel roofing solutions, which are recognized for their durability and recyclability. Furthermore, advancements in manufacturing technologies are enhancing the aesthetic appeal of steel roofs, making them a more attractive option for residential and commercial applications alike. In addition to sustainability, the Steel Roofing Market is witnessing a shift towards innovative designs and colors, allowing for greater customization. This trend is likely to resonate with consumers seeking unique architectural styles. Moreover, the rising demand for low-maintenance roofing solutions is propelling the market forward, as steel roofs require less upkeep compared to traditional materials. Overall, the Steel Roofing Market seems poised for continued expansion, driven by a combination of environmental awareness, technological advancements, and evolving consumer preferences.

Sustainability Focus

The Steel Roofing Market is increasingly influenced by a growing emphasis on sustainable building practices. Consumers and builders are prioritizing materials that minimize environmental impact, leading to a rise in the adoption of steel roofing due to its recyclability and energy efficiency.

Innovative Aesthetics

There is a notable trend towards innovative designs and color options within the Steel Roofing Market. This shift allows homeowners and builders to customize their roofing solutions, enhancing the overall architectural appeal of structures.

Low-Maintenance Solutions

The demand for low-maintenance roofing options is on the rise, as consumers seek products that require minimal upkeep. Steel roofing, known for its durability and longevity, is increasingly favored for its ability to withstand harsh weather conditions with little maintenance.

Steel Roofing Market Drivers

Market Growth Projections

The Global Steel Roofing Market Industry is poised for substantial growth, with projections indicating a market value of 12.4 USD Million in 2024 and an anticipated increase to 19.9 USD Million by 2035. This growth trajectory suggests a robust demand for steel roofing solutions, driven by various factors such as energy efficiency, government incentives, and technological advancements. The market is expected to experience a CAGR of 4.41% from 2025 to 2035, reflecting the increasing adoption of steel roofing in both residential and commercial sectors. These projections highlight the industry's potential as it adapts to evolving consumer preferences and regulatory landscapes.

Rising Demand for Energy Efficiency

The Global Steel Roofing Market Industry experiences a notable surge in demand for energy-efficient building materials. As energy costs continue to rise, homeowners and builders increasingly seek roofing solutions that offer superior insulation and reflectivity. Steel roofing, known for its durability and energy efficiency, aligns with these preferences. In 2024, the market is projected to reach 12.4 USD Million, driven by the need for sustainable construction practices. This trend is likely to persist, as energy-efficient buildings are not only environmentally friendly but also provide long-term cost savings for homeowners, thereby enhancing the appeal of steel roofing solutions.

Government Regulations and Incentives

Government regulations promoting sustainable construction practices significantly influence the Global Steel Roofing Market Industry. Many countries implement stringent building codes that encourage the use of recyclable and energy-efficient materials. For instance, various governments offer tax incentives and rebates for homeowners who choose steel roofing, which is often viewed as a greener alternative to traditional materials. These initiatives not only stimulate market growth but also align with global sustainability goals. As the industry adapts to these regulations, the market is expected to expand, potentially reaching 19.9 USD Million by 2035, reflecting the increasing adoption of steel roofing solutions.

Growing Awareness of Environmental Impact

There is a growing awareness of the environmental impact of construction materials, which plays a crucial role in shaping the Global Steel Roofing Market Industry. Consumers are becoming more conscious of the sustainability of their building choices, leading to a preference for materials that are recyclable and have a lower carbon footprint. Steel roofing, being 100% recyclable, appeals to environmentally conscious consumers and builders alike. This shift in consumer behavior is likely to drive market growth, with expectations of reaching 19.9 USD Million by 2035. As the industry responds to these changing preferences, steel roofing is positioned as a leading choice for sustainable construction.

Technological Advancements in Steel Production

Technological advancements in steel production processes contribute significantly to the Global Steel Roofing Market Industry. Innovations such as improved galvanization techniques and the development of lightweight steel alloys enhance the durability and performance of steel roofing. These advancements not only extend the lifespan of roofing materials but also reduce production costs, making steel roofing more accessible to a broader audience. As a result, the market is projected to grow at a CAGR of 4.41% from 2025 to 2035. This growth indicates a robust interest in modern steel roofing solutions that combine efficiency with cost-effectiveness, appealing to both residential and commercial sectors.

Increasing Urbanization and Infrastructure Development

The Global Steel Roofing Market Industry is significantly influenced by the ongoing trends of urbanization and infrastructure development. As urban populations expand, there is a heightened demand for residential and commercial buildings, which in turn drives the need for durable roofing solutions. Steel roofing, with its long lifespan and low maintenance requirements, is increasingly favored in new construction projects. This trend is expected to propel the market forward, with projections indicating a market value of 12.4 USD Million in 2024. The emphasis on robust infrastructure in developing regions further supports the growth of steel roofing as a preferred choice for builders and architects.

Market Segment Insights

By Application: Residential (Largest) vs. Commercial (Fastest-Growing)

The Steel Roofing Market is significantly shaped by its application segments, with the Residential sector holding the largest market share. Residential applications dominate the landscape, driven by increasing consumer preferences for durable and long-lasting roofing materials. The Commercial segment, while currently smaller than Residential, is witnessing rapid growth as more businesses recognize the benefits of steel roofing for energy efficiency and longevity. This shift in preference is contributing to an increasingly competitive market environment.

Residential (Dominant) vs. Commercial (Emerging)

The Residential application segment is characterized by its strong foothold in the Steel Roofing Market, with homeowners increasingly opting for steel as a reliable roofing solution due to its durability, aesthetic appeal, and low maintenance requirements. This segment leads the market thanks to aggressive marketing and awareness initiatives, which highlight steel roofing as a long-term investment. Conversely, the Commercial segment is emerging as a strong contender, propelled by a growing emphasis on sustainable construction practices and energy efficiency. As businesses seek to reduce operational costs and enhance building longevity, the demand for commercial steel roofing solutions is projected to grow, making it a vital segment for future market expansion.

By Material Type: Galvanized Steel (Largest) vs. Stainless Steel (Fastest-Growing)

In the Steel Roofing Market, Galvanized Steel stands out as the largest segment, commanding a significant share due to its affordability and widespread application in residential and commercial buildings. This material is known for its excellent corrosion resistance and durability, making it a preferred choice among builders and contractors. Meanwhile, Stainless Steel is emerging as the fastest-growing segment, driven by its aesthetic appeal and superior corrosion resistance, particularly in coastal areas where exposure to salt can accelerate material degradation.

Galvanized Steel (Dominant) vs. Stainless Steel (Emerging)

Galvanized Steel remains the dominant material in the Steel Roofing Market, appreciated for its cost-effectiveness and reliable durability. It is treated with a protective zinc coating, which significantly prolongs its lifespan, thus appealing to many customers looking for longevity and low maintenance. On the other hand, Stainless Steel is becoming an increasingly popular choice among architects and homeowners for its sleek appearance and exceptional resistance to rust and staining. This material is particularly favored in modern design projects where aesthetic considerations are paramount, facilitating its emergence as a key competitor in the market.

By Roof Type: Flat Roof (Largest) vs. Sloped Roof (Fastest-Growing)

The Steel Roofing Market is significantly influenced by various roof types, with flat roofs currently dominating the market share due to their cost-effectiveness and practicality in urban environments. Sloped roofs, while representing a smaller market share, are rapidly gaining traction, appealing to both residential and commercial sectors for their aesthetic appeal and rainwater drainage capabilities. Curved and multi-pitched roofs, though niche, cater to a specific segment looking for unique architectural styles and durable materials.

Flat Roof (Dominant) vs. Multi-Pitched Roof (Emerging)

Flat roofs are essential in the Steel Roofing Market, widely utilized in commercial buildings and urban settings for their affordable installation and maintenance. Their characteristics include a smooth surface ideal for HVAC installations and the ability to utilize rooftop space effectively. In contrast, multi-pitched roofs, while less common, are emerging with unique designs that enhance aesthetics and functionality. They offer superior drainage and are increasingly favored in residential markets. As energy efficiency and sustainability become prominent, both segments are adjusting strategies to meet evolving consumer preferences, leading to potential growth opportunities in their respective applications.

By Installation Method: Roof Replacement (Largest) vs. New Construction (Fastest-Growing)

The Steel Roofing Market exhibits a notable distribution of market share across its installation methods, with roof replacement leading as the largest segment due to the ongoing need for renewal and refurbishment of existing structures. This trend is driven by the increasing focus on improving energy efficiency and sustainability in older buildings, making roof replacement a favored choice among both homeowners and contractors seeking long-lasting solutions.

Roof Replacement (Dominant) vs. Retrofit (Emerging)

Roof replacement remains the dominant installation method in the Steel Roofing Market, characterized by a steady demand as building owners prioritize maintenance and modernization of their properties. This segment benefits from advancements in roofing technology that emphasize durability and thermal efficiency, appealing to environmentally conscious consumers. On the other hand, the retrofit segment is emerging as a viable alternative, allowing existing roofs to be upgraded without complete replacement. This method leverages innovative materials and design practices, catering to budget-conscious homeowners who desire improvements without a full renovation.

By Coating Type: Polyester Coating (Largest) vs. PVDF Coating (Fastest-Growing)

In the Steel Roofing Market, the coating type significantly influences both aesthetics and performance. Polyester coating currently holds the largest market share, appealing to a diverse array of consumers with its economical price and versatile applications. It is recognized for its weather resistance and variety of colors, making it a favored choice among manufacturers. On the other hand, PVDF coating is quickly carving out a substantial niche, renowned for its superior durability and resistance to harsh environmental conditions, making it a preferred choice for high-end applications. The growth trends in the steel roofing coating segment are driven by increasing consumer demand for long-lasting and low-maintenance roofing solutions. The rising construction activities in both residential and commercial sectors are significantly contributing to the burgeoning demand for PVDF coatings, especially in regions with extreme weather conditions. Additionally, advancements in manufacturing technologies are enabling enhanced coating performance, thus expediting the adoption of innovative solutions like PVDF over traditional options like polyester.

Polyester Coating (Dominant) vs. Galvanized Coating (Emerging)

Polyester coating is the dominant player in the Steel Roofing Market, owing to its balanced attributes of cost-effectiveness and aesthetic versatility. This coating type is widely adopted in residential buildings and industrial applications due to its extensive color range and long-lasting finish. Conversely, galvanized coating is emerging as a popular choice, particularly for its corrosion resistance and durability in various climates. As awareness of the benefits of galvanized coatings continues to rise, its adoption in the market is gradually increasing, especially among environmentally conscious consumers seeking sustainable roofing solutions. The preference for galvanized materials is further stimulated by innovations in coating technologies that enhance their performance and lifespan, marking a shift in consumer interest toward improved functional characteristics in roofing materials.

Get more detailed insights about Steel Roofing Market

Regional Insights

North America : Market Leader in Steel Roofing

North America is poised to maintain its leadership in the steel roofing market, holding a significant market share of 1.5 in 2024. The region's growth is driven by increasing construction activities, a shift towards sustainable building materials, and favorable regulations promoting energy efficiency. The demand for durable and low-maintenance roofing solutions is also on the rise, further propelling market expansion. The United States stands as the largest contributor, with key players like Steel Dynamics Inc and Nucor Corporation leading the charge. The competitive landscape is characterized by innovation and strategic partnerships among manufacturers. As the market evolves, companies are focusing on enhancing product offerings to meet the growing consumer demand for energy-efficient and environmentally friendly roofing solutions.

Europe : Emerging Market with Growth Potential

Europe's steel roofing market is experiencing notable growth, with a market size of 0.9. The region benefits from stringent building regulations aimed at improving energy efficiency and sustainability. Increased investments in infrastructure and renovation projects are also driving demand for steel roofing solutions. The shift towards green building practices is a significant catalyst for market growth, as consumers and businesses alike prioritize eco-friendly materials. Leading countries in this region include Germany, France, and the UK, where major players like ArcelorMittal and SSAB AB are actively expanding their market presence. The competitive landscape is marked by innovation and a focus on high-quality products. As the market matures, companies are increasingly investing in research and development to create advanced roofing solutions that meet evolving consumer needs. "The European steel industry is committed to sustainability and innovation, ensuring a greener future for construction."

Asia-Pacific : Rapid Growth in Emerging Markets

The Asia-Pacific region is witnessing rapid growth in the steel roofing market, with a market size of 0.6. This growth is fueled by urbanization, increasing disposable incomes, and a booming construction sector. Countries like India and China are leading the charge, driven by government initiatives aimed at enhancing infrastructure and housing. The demand for cost-effective and durable roofing solutions is also on the rise, further supporting market expansion. Key players such as Tata Steel Limited and BlueScope Steel Limited are capitalizing on this growth, focusing on innovative product offerings tailored to local markets. The competitive landscape is evolving, with companies investing in technology and sustainability to meet the diverse needs of consumers. As the region continues to develop, the steel roofing market is expected to flourish, driven by both residential and commercial construction projects.

Middle East and Africa : Emerging Market with Untapped Potential

The Middle East and Africa region is an emerging market for steel roofing, with a market size of 0.17. The growth is primarily driven by increasing urbanization, infrastructure development, and a rising demand for durable roofing solutions. Government initiatives aimed at enhancing construction standards and promoting sustainable building practices are also contributing to market expansion. The region's diverse climate conditions necessitate robust roofing materials, further boosting demand for steel roofing. Countries like South Africa and the UAE are at the forefront of this growth, with key players such as Gerdau S.A. and Constellium SE actively participating in the market. The competitive landscape is characterized by a mix of local and international companies, all vying for market share. As the region continues to develop, the steel roofing market is expected to grow, driven by both residential and commercial projects.

Steel Roofing Market Regional Image

Key Players and Competitive Insights

The Steel Roofing Market is currently characterized by a dynamic competitive landscape, driven by factors such as increasing demand for durable roofing solutions, heightened awareness of energy efficiency, and a growing emphasis on sustainable building practices. Key players like Metal Sales (US), CertainTeed (US), and GAF (US) are strategically positioned to leverage these trends. Metal Sales (US) focuses on innovation in product design and manufacturing processes, while CertainTeed (US) emphasizes sustainability through its eco-friendly product lines. GAF (US) is enhancing its market presence through strategic partnerships and digital transformation initiatives, collectively shaping a competitive environment that prioritizes quality and sustainability.The business tactics employed by these companies include localizing manufacturing to reduce costs and optimize supply chains, which is particularly crucial in a moderately fragmented market. This competitive structure allows for a diverse range of offerings, with key players influencing market dynamics through their operational strategies. The collective influence of these companies fosters a competitive atmosphere where innovation and customer-centric approaches are paramount.

In November Metal Sales (US) announced the launch of a new line of energy-efficient steel roofing products designed to meet the latest sustainability standards. This strategic move not only aligns with the growing consumer demand for eco-friendly solutions but also positions the company as a leader in the sustainable roofing segment. The introduction of these products is expected to enhance Metal Sales' market share and reinforce its commitment to environmental responsibility.

In October CertainTeed (US) expanded its manufacturing capabilities by investing in a new facility dedicated to producing high-performance steel roofing materials. This expansion is significant as it allows CertainTeed to increase production capacity and respond more effectively to the rising demand for premium roofing solutions. The investment underscores the company's focus on innovation and its intent to solidify its position in the competitive landscape.

In September GAF (US) entered into a strategic partnership with a leading technology firm to integrate AI-driven analytics into its supply chain management. This initiative aims to enhance operational efficiency and improve customer service by leveraging data insights. The partnership reflects GAF's commitment to digital transformation and its recognition of the importance of technology in maintaining a competitive edge in the market.

As of December current trends in the Steel Roofing Market indicate a strong shift towards digitalization, sustainability, and the integration of advanced technologies such as AI. Strategic alliances are increasingly shaping the competitive landscape, enabling companies to enhance their product offerings and operational efficiencies. Looking ahead, competitive differentiation is likely to evolve from traditional price-based competition to a focus on innovation, technological advancements, and supply chain reliability, as companies strive to meet the changing demands of consumers and regulatory standards.

Key Companies in the Steel Roofing Market include

Industry Developments

In December 2023, SSAB, a Swedish steel producer, pointed out it had introduced a fresh kind of steel roofing made from a recycled content of 90%. It is anticipated that this new product will be more sustainable and environmentally friendly than the conventional steel roofing products.

Nucor Corporation announced in October 2023 it would invest $1.2 billion to enlarge its manufacture of steel plants. According to reports on the news wires early today, this move will enhance the supply of steel in the market thus favorably impacting upon the prospects for the Steel Roofing Market.

Oak Ridge National Laboratory (ORNL) completed a study on their stone-coated steel roofs by DECRA Roofing Systems, Inc., which is a lab devoted to conducting research for the U.S. Department of Energy in August 2020. The report also showed that these stone-coated steel roofs achieve high energy saving as well as thermal performance characteristics.

In December 2023, SSAB reported that they have come up with another type of stainless-steel roof whose makeup involves 90% scrap material from manufacturing processes carried out by the company itself. This new product should be more sustainable and safer for our environment than traditional forms of metal roofings.

The biggest manufacturer of Iron Ore in Australia has plans worth US$US1.2 bn ($1.83 bn) for its Colorbond corrugated iron roofing across America’s largest economy in 2024. The first half net profit dropped by nearly one-fourth to $439 million for BlueScope when they announced their development there was proceeding in the US, too. However, global iron ore prices have fallen sharply since then. Having shrunk mostly in Asia, margins are equally eroding across American and Australian markets.

In February 2022, Tata Steel, an Indian-based manufacturer of steel and steel equipment, purchased NINL (Neelachal Ispat Nigam Limited) for $1.6 billion. They want to grow the most in terms of its capacity to produce steel plant facilities, obtain additional iron ore resources and secure land which will be used for further expansion of Tata Steel. Neelachal Ispat Nigam Limited is a government organization that produces steel rods and roof sheets in India.

Future Outlook

Steel Roofing Market Future Outlook

The Steel Roofing Market is projected to grow at a 3.09% CAGR from 2025 to 2035, driven by increasing demand for energy efficiency and durability in construction.

New opportunities lie in:

  • Expansion into sustainable steel production methods
  • Development of smart roofing technologies for energy management
  • Partnerships with green building certification programs

By 2035, the Steel Roofing Market is expected to achieve robust growth, driven by innovation and sustainability.

Market Segmentation

Steel Roofing Market Roof Type Outlook

  • Flat Roof
  • Sloped Roof
  • Curved Roof
  • Multi-Pitched Roof

Steel Roofing Market Application Outlook

  • Residential
  • Commercial
  • Industrial
  • Agricultural

Steel Roofing Market Coating Type Outlook

  • Polyester Coating
  • PVDF Coating
  • Epoxy Coating
  • Galvanized Coating

Steel Roofing Market Material Type Outlook

  • Galvanized Steel
  • Stainless Steel
  • Aluminum Coated Steel
  • Copper Coated Steel

Steel Roofing Market Installation Method Outlook

  • New Construction
  • Roof Replacement
  • Retrofit

Report Scope

MARKET SIZE 20243.17(USD Million)
MARKET SIZE 20253.26(USD Million)
MARKET SIZE 20354.29(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR)3.09% (2025 - 2035)
REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR2024
Market Forecast Period2025 - 2035
Historical Data2019 - 2024
Market Forecast UnitsUSD Million
Key Companies ProfiledMetal Sales (US), CertainTeed (US), GAF (US), Tamko Building Products (US), ATAS International (US), McElroy Metal (US), Boral Steel (US), NCI Building Systems (US)
Segments CoveredApplication, Material Type, Roof Type, Installation Method, Coating Type
Key Market OpportunitiesAdoption of sustainable materials and energy-efficient designs in the Steel Roofing Market presents growth opportunities.
Key Market DynamicsRising demand for energy-efficient materials drives innovation and competition in the steel roofing market.
Countries CoveredNorth America, Europe, APAC, South America, MEA

Market Highlights

Author
Snehal Singh
Assistant Manager - Research

High acumen in analyzing complex macro & micro markets with more than 6 years of work experience in the field of market research. By implementing her analytical skills in forecasting and estimation into market research reports, she has expertise in Packaging, Construction, and Equipment domains. She handles a team size of 20-25 resources and ensures smooth running of the projects, associated marketing activities, and client servicing.

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FAQs

What is the growth rate of the steel roofing market?

The growth rate of the steel roofing market is estimated at 6% for the forecast period.

What are the key regional players in the steel roofing market?

The key players of the steel roofing market are Asia Pacific, Europe, and North America and South America.

Who are the key players of the steel roofing market?

The key players of the steel roofing marker are Fletcher steel limited, Fabral, Corner stone building brands, Bilka, Tata steel Europe ltd, Certaineed, Atas international, EDCO products, Chief industries, Mcelroy metals, Nucor building systems, Ideal roofing, Safal group and Kingspan group.

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