Metal Roofing Market

Metal Roofing Market Size

The global metal roofing market size was valued at USD 24.56 billion in 2023, and is projected to grow from USD 25.31 billion in 2024 to USD 32.19 billion by 2031, exhibiting a CAGR of 3.50% over the forecast period. The market has witnessed significant growth due to rising construction activities, demand for durable and energy-efficient solutions, and the benefits of metal roofs.

In the scope of work, the report includes products offered by companies such as Metal Sales Manufacturing Corporation, Cornerstone Building Brands, Inc., Lifetite Metal Products LLC, Fletcher Building, ASC Profiles LLC, ATAS International, Inc., Ideal Roofing, Adityaprofiles, Central States Manufacturing, Inc., Bansal Roofing, and others.

The metal roofing market is a rapidly evolving, and includes a variety of materials and solutions used across the construction sector. This market features a range of products with distinct properties, catering to various customer preferences for performance and design.

It reflects the growing emphasis on high-quality, durable roofing systems, offering diverse options for buildings of all types. As technological advancements and material innovations continue to shape the market, metal roofing remains a key component of modern construction.

The market involves the production, distribution, and installation of roofing materials made from metals for residential, commercial, and industrial building applications. Metal roofs, which utilize metal sheets or panels, have gained popularity due to their advantages over traditional roofing options. These benefits include durability, energy efficiency, minimal maintenance, and sustainability.

Available in materials like steel, aluminum, copper, and zinc, metal roofs offer distinct features and advantages. The market's growth is driven by increasing construction activities, rising awareness of metal roofing benefits, and demand for durable, long-lasting roofing solutions.

Analyst’s Review

The metal roofing market is witnessing significant growth due to the material's durability, long lifespan, and low maintenance requirements. Manufacturers are adopting various strategies, such as new product launches, to stay competitive in the market. They are also working to improve product performance, such as resistance to harsh weather and material longevity.

• For example, in December 2024, Westlake Royal Building Products introduced Dryroll, a cutting-edge ridge vent solution that enhances roof protection and energy efficiency. This innovative product improves attic ventilation, resists harsh weather, and simplifies installation, aligning with the growing demand for durable, low-maintenance roofing solutions in the market.

Additionally, they are focusing on offering a variety of design options and eco-friendly solutions to meet consumer demand. By expanding their product portfolios and promoting the benefits of metal roofing, manufacturers are effectively capitalizing on the growing demand for sustainable, cost-effective, and reliable roofing solutions across various sectors.

• In January 2023, GAF Energy’s Timberline Solar, the world’s first nailable solar shingle, received the TIME’s Best Inventions and Popular Science’s Best of What’s New award. This solution has helped the company expand its product portfolio to meet the growing demand for sustainable roofing options.

Metal Roofing Market Growth Factors

The rise in global construction and renovation activities is a key growth factor for the market. Urbanization and population growth are driving new building projects. This is expected to generate a high demand for durable roofing materials like metal. Metal roofs are used in new construction, roof replacement, and renovation, to improve energy efficiency. The growing residential, commercial, and industrial developments, and retrofitting of existing buildings is driving the metal roofing industry.

• In June 2024, BriggsAmasco won the Mastic Asphalt category at the NFRC UK Roofing Awards for their roof installation at Sumburgh Head Lighthouse.

This highlights the growing demand for durable roofing solutions in renovations, showcasing the importance of skilled installations in challenging conditions, supporting the metal roofing market’s growth.

The shortage of skilled labor for metal roofing installation is a significant challenge, as it requires specialized expertise to ensure proper fitting and performance. This can lead to project delays, higher labor costs, and subpar installations.

To address this, manufacturers can invest in training programs, certifications, and apprenticeships. Additionally, offering incentives for skilled labor, such as competitive wages and career development opportunities, can help attract and retain qualified professionals in the metal roofing industry.

• In September 2024, GAF Roofing Academy celebrated the placement of 2,000 graduates in roofing jobs across the U.S. The program addresses the skilled labor shortage by offering free training in roofing, solar, and restoration, helping individuals, including underrepresented groups, secure long-term careers in the roofing industry.

Metal Roofing Market Trends

The integration of solar technologies into metal roofing systems is a significant trend driving the product adoption. Manufacturers are designing metal roofs with built-in solar panels, allowing homes and businesses to generate clean, renewable energy directly from their roofs. This trend is driven by the growing demand for energy-efficient solutions and sustainable building practices.

Solar-integrated metal roofing offers environmental benefits and long-term cost savings for homeowners by reducing energy consumption and reliance on traditional power sources.

• In October 2024, solar-integrated metal roofing solutions gained significant traction, such as QuickBOLT’s Butylful mounts. These mounts, designed with stainless steel and butyl-backed leak protection, enhance the durability and efficiency of solar installations on metal roofs. This supports the adoption of metal roofing systems for renewable energy generation.

Another notable trend in the metal roofing industry is the increasing focus on sustainability. With a growing consumer preference for eco-friendly materials, there is a significant shift toward recyclable and energy-efficient metal roofing options.

Manufacturers are developing products that reduce environmental impact, by using recycled materials, incorporating energy-efficient coatings, and ensuring longer product lifespans. This trend aligns with the global push for sustainable construction practices, helping homeowners and businesses reduce their carbon footprint while benefiting from durable and efficient roofing solutions.

• In November 2023, Ruukki Construction, part of SSAB Group, collaborated with Honkarakenne to introduce SSAB's fossil-free steel in metal roofing. The first-ever roof made from this innovative steel will be installed on a Honka log house in Finland. This initiative aligns with the metal roofing industry's shift toward sustainable, low-carbon solutions in construction.

Segmentation Analysis

The global market has been segmented based on metal, product, construction, end user, and geography.

By Metal

Based on metal, the market has been segmented into copper, aluminum, zinc, steel, and others The steel segment led the metal roofing industry in 2023, reaching a valuation of USD 7.08 billion. Steel metal roofing is witnessing significant expansion due to its durability, energy efficiency, and environmental benefits.

As consumers prioritize sustainability, steel's recyclability and long lifespan make it an attractive choice for both residential and commercial applications. Additionally, steel roofs offer superior weather resistance, reducing maintenance costs and improving energy efficiency by reflecting solar heat, which helps lower cooling costs.

The growing demand for eco-friendly construction materials and the trend of energy-efficient building solutions is driving the adoption of steel roofs. These advantages, along with improved manufacturing processes, are fueling steel's growth in the roofing market.

By Product

Based on product, the market has been segmented into panel, corrugated, tile, shingle, and others. The panel segment secured the largest revenue share of 27.56% in 2023.

Panel-type metal roofs are experiencing the metal roofing market growth due to their affordability, ease of installation, and versatility. These roofing systems offer durability, resistance to harsh weather conditions, and low maintenance. Panel roofs are available in various styles and allow customization to suit different architectural needs.

Additionally, the increasing demand for energy-efficient buildings is driving the adoption of panel metal roofs, as they can be coated with reflective materials to improve energy performance. Their low cost, efficiency, and sustainability is contributing to the rising popularity of panel-type metal roofs in the market.

By Construction

Based on construction, the market has been bifurcated into new construction and renovation. The new construction segment witnessed significant growth at a CAGR of 3.72% over the forecast period.

Metal roofing is widely used in new construction due to its strength, low maintenance requirements, and ability to withstand harsh weather conditions. These roofs are resistant to corrosion, wind, and fire, and can be used in various external environments.

Metal roofs also enhance energy efficiency by reflecting heat and reducing cooling costs. Their light weight allows for easy installation, while a wide range of design options makes them a preferred choice for modern architecture. Additionally, their longevity and sustainability make them well suited for eco-conscious and cost-effective construction projects.

Metal Roofing Market Regional Analysis

Based on region, the global market has been classified into North America, Europe, Asia-Pacific, MEA, and Latin America.

The North America metal roofing market share stood at around 28.54% in 2023 in the global market, with a valuation of USD 7.01 billion. North America dominates the market due to several key factors, such as strong construction industry, rising demand for durable and energy-efficient building materials, and increasing consumer preference for sustainable solutions.

The region has implemented strict building codes and environmental regulations, which drive the adoption of energy-efficient roofing options like metal roofs. Additionally, the region benefits from a well-established infrastructure for manufacturing, distribution, and skilled labor. Growing awareness about the long-term cost savings and environmental benefits of metal roofs has also contributed to the region's market leadership, making it a hub for innovation and growth.

Asia-Pacific is poised for significant growth over the forecast period at a CAGR of 3.91%. Asia Pacific is the fastest-growing market for metal roofing due to rapid urbanization, industrialization, and expanding construction sector.

China, India, and Japan are experiencing significant infrastructure development, boosting the demand for durable and cost-effective roofing solutions. Additionally, increasing awareness about energy efficiency, sustainability, and the long-term benefits of metal roofing is driving further adoption.

The region also benefits from low manufacturing costs and a growing middle-class population seeking modern, environmentally friendly housing options. Government initiatives promoting green building practices further support the region’s growth in the metal roofing market.

Competitive Landscape

The global metal roofing market report provides valuable insight with an emphasis on the fragmented nature of the industry. Prominent players focus on several key business strategies such as partnerships, mergers and acquisitions, product innovations, and joint ventures to expand their product portfolio and increase their market shares across different regions.

Strategic initiatives, including investments in R&D activities, establishment of new manufacturing facilities, and supply chain optimization, could create new opportunities for the market growth.

List of Key Companies in Metal Roofing Market

• Metal Sales Manufacturing Corporation
• Cornerstone Building Brands, Inc.
• Lifetite Metal Products LLC
• Fletcher Building
• ASC Profiles LLC
• ATAS International, Inc.
• Ideal Roofing
• Adityaprofiles
• Central States Manufacturing, Inc.
• Bansal Roofing

Key Industry Developments

• July 2024 (Acquisition): Cornerstone Building Brands acquired Mueller Supply Company to strengthen its foothold in the rapidly growing residential metal roofing sector, in Texas and the Southwest U.S. With Mueller’s extensive network of 38 retail branches and five strategically located manufacturing sites, this move expands Cornerstone’s capabilities to meet rising demand, accelerate growth, and enhance manufacturing capacity. The acquisition is poised to create synergies and drive further market expansion, positioning Cornerstone as a key player in the metal roofing industry.

The global metal roofing market has been segmented:

By Metal

• Copper
• Aluminum
• Zinc
• Steel
• Others

By Product

• Panel
• Corrugated
• Tile
• Shingle
• Others

By Construction

• New Construction
• Renovation

By End user

• Residential
• Commercial
• Industrial  

By Region

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • France
  • UK
  • Spain
  • Germany
  • Italy
  • Russia
  • Rest of Europe
• Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Rest of Asia-Pacific
• Middle East & Africa
  • GCC
  • North Africa
  • South Africa
  • Rest of Middle East & Africa
• Latin America
  • Brazil
  • Argentina
  • Rest of Latin America