Metal mania: Rising interest rates will cause commercial and residential construction activity to slow, hindering industry growth
The Sheet-Metal Roofing Manufacturing industry fabricates roofs made from thin, flat pieces of metal, typically steel or aluminum. Sheet-metal roofs have long been popular for use in garages, industrial buildings and commercial buildings. However, metal roofs are also gaining traction in the residential market because they are highly durable (able to endure several decades with relatively little maintenance), do not burn, can resist damage from severe weather, are environmentally friendly and are easy to install and repair. Due to sustained demand from the construction markets and resilient corporate profit levels, industry revenue is expected to have grown at a CAGR of 3.9% to reach $2.2 billion in 2023, when revenue is set to fall 9.0% as input prices fall.
This industry fabricates sheet-metal roofing products, including aluminum, steel, copper and zinc roofing. However, the industry does not manufacture sheet-metal roofing drainage. It also does not install or repair roofs, which are activities that are accounted for in the Roofing Contractors industry (report 23816).
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry's key players and their market shares.
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Cornerstone Building Brands Inc.
- Omnimax International Inc.
Methodology
LOADING...
