Standing Seam Roofing Market: Global Industry Analysis and Forecast (2024-2030)

Standing Seam Roofing Market was valued nearly US$ 11.05 Bn. in 2023. Standing Seam Roofing Market size is estimated to grow at a CAGR of 4.3% & is expected to reach at US$ 14.84 Bn. by 2030.
Standing Seam Roofing Market Overview:
The study examines the impact of the COVID 19 pandemic on the Global Standing Seam Roofing Market by region, as well as the revenue affected by the pandemic until July 2022, as well as the market's forecast short- & long-term effects.

Standing Seam roofing provides superior structural performance while maintaining the aesthetic lines necessary in architectural systems. Standing Seam Roofing (SRS) is a type of roof with vertical panels which span the length of the roof with seams connecting one panel to the next. The installation varies from standard roofs in that it allows for the creation of a tight and solid covering that may move in response to thermal expansion. SRS systems are also energy efficient.To know about the Research Methodology:- Request Free Sample Report

The market for standing seam roofing has benefited from the fast pace of industrialization and urbanization. The market is growing due to rising demand for environmentally friendly and energy efficient products. Traditional roofing has serious concerns with leaks due to gaps in tiles or flush seams, which has created several lucrative prospects for the standing seam roofing sector.
Standing Seam Roofing Market Trends:
Rising construction and infrastructure development activity are driving the growth of the standing seam roofing industry. The design flexibility, weather tightness, and diversity of a standing seam roof system make it an outstanding choice for architecturally exceptional structures in commercial, industrial, and infrastructure applications. Standing seam roofing has a number of advantages over standard roofing systems, including a concealed fixed roofing system that requires no piercing fasteners, helps to provide weather tightness, and provides superior wind uplift resistance. Other reasons propelling the market's growth include thermal expansion and contraction, design flexibility, on-site roll-forming, and a sleek, uniform, and modern appearance.

The demand for materials that are adaptable, robust, and have a low life cycle cost has boosted the growth of the standing seam roofing industry. Metal roofing is a fantastic alternative for sustainable building because of its longevity, durability, and recyclability. Metal roofs are already a long-lasting and low-maintenance roofing option, particularly when compared to other types of roofing. During the expected period, however, the high investment cost associated with the installation of standing seam roofing is expected to impede market expansion.
Standing Seam Roofing Market Segmentation:
The global standing seam roofing market is divided into residential and commercial segments based on end-user. In the year 2023, the commercial category held a significant market share of xx percent. The commercial market for standing seam roofing is expected to develop due to rising demand from the construction industry, which is ascribed to its flexibility, endurance, and durability. During the forecast period, the growing number of commercial projects such as hotels, hospitals, and schools is likely to fuel the expansion of the worldwide standing seam roofing market. In terms of value, the MMR reports contain thorough information on all application categories.
Standing Seam Roofing Market Dynamics:
The global standing seam roofing market is being driven by an increase in demand for green construction materials and materials with low lifetime costs, as well as the expansion of the construction industry. Because of its better weather-tight qualities, modern appearance, and longevity, standing seam roofing is gaining popularity. The worldwide standing seam roofing industry is also being fueled by an increase in the use of recyclable roofing materials & lightweight, flexible materials. Standing seam roofs, which are made up of a large percentage of recycled materials, play an important part in achieving sustainable roofing.

These roofs are long-lasting and robust building materials that could save a lot of energy in the building envelope. They can also help buildings become more energy efficient. Another factor estimated to bolster the standing seam roofing market during the projected period is the growth of the residential and commercial sectors in developing economies. In all types of metal roofing systems, standing seams are used. They have a number of benefits over the other types of metal roofing. Standing seams last a long time and provide solid, low-maintenance security.

Attractive Opportunities to be found in the Commercial Sector:

Because of its durability & flexibility, the commercial roofing segment accounted for the majority of the standing seam roofing market in the year 2023. The use of standing seam roofing materials is very common in remodeling projects. Noise reduction, increased air quality, and lower air conditioning costs are just a few of the benefits of standing seam roofing materials. During the forecast period, these are expected to drive the worldwide standing seam roofing market.

During the forecast period, the worldwide standing seam roofing market is predicted to rise at a faster rate due to an increase in the number of commercial projects including such hotels, hospitals, and schools.

The High Cost of Standing Seam Roofing Material Is Likely Going to Damage the Market

The metal roofing market has been impacted by the adoption of solar power and energy codes in roofing systems. Standing seam roofs are two to three times more expensive than traditional roofs. The market is being hampered as a result of this. Metal roofs' features, such as long-term durability, environmental friendliness, and high energy efficiency, are likely to boost demand in the construction business. During the forecast period, the high investment cost associated with standing seam roofing installation is expected to hinder the standing seam roofing market.

The APAC region is expected to account for the majority of the global standing seam roofing market.

Due to rapid urbanization, population expansion, & increased industry in APAC, the standing seam roofing market has grown since 2023. Because of the development of infrastructure in the commercial and industrial sectors, particularly in rising economies such as India & China, the standing seam roofing market in APAC is predicted to grow rapidly. Furthermore, in these countries, population migration from rural to urban regions is expected to drive demand for standing seam roofs. As a result, the standing seam roofing market is likely to grow throughout the forecast period.

Due to an increase in re-roofing operations in developed countries like the U.S & attractive housing financing plans for expatriates, the standing seam roofing industry in North America is growing at a moderate rate. Owing to the rise of the building industry and an increase in government expenditure on commercial and industrial sectors in the region, the Middle East and Africa is likely to be a major region of the global metal roofing market during the forecast period. In the near future, this is expected to generate major prospects for standing seam roofing manufacturers, mainly in the GCC's industrial sector. During the projected period, the European standing seam roofing market is expected to grow at a moderate rate.

The objective of the report is to present a comprehensive analysis of the  Market to the stakeholders in the industry. The past and current status of the industry with the forecasted Market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include Market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the Market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding the  Market dynamics, structure by analyzing the Market segments and project the Market size. Clear representation of competitive analysis of key players by Roof, price, financial position, Roof portfolio, growth strategies, and regional presence in the  Market make the report investor’s guide.
Standing Seam Roofing Market Scope: Inquire before buying



Global Standing Seam Roofing Market


Report Coverage
Details


Base Year:
2023
Forecast Period:
2024-2030


Historical Data:
2018 to 2023
Market Size in 2023:
US $ 11.05 Bn.


Forecast Period 2024 to 2030 CAGR:
4.3%
Market Size in 2030:
US $ 14.84 Bn.


 Segments Covered:
by Roof
Snap-lock
Mechanical Lock
Batten Panel
Others


by End Use Industry
Residential
Commercial
Others


by Application
Aluminium
Steel
Zinc
Copper
Others



Standing Seam Roofing Market, by Region
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)
Standing Seam Roofing Market, Key Players are
1. Metal Sales Manufacturing Corporation
2. Jinhu Color Aluminum Group
3. Ideal Roofing Co. Ltd
4. Reed’s Metals, Inc.
5. ATAS International, Inc.
6. DECRA Roofing Systems, Inc.
7. Firestone Building Products
8. Carlisle SynTec Systems
9. BlueScope Steel Limited
10. The OmniMax International, Inc.

Frequently Asked Questions:

1. Which region has the largest share in Global  Market?
Ans: Asia Pacific region held the highest share in 2023.

2. What is the growth rate of Global Market?
Ans: The Global Market is growing at a CAGR of 4.3% during forecasting period 2024-2030.

3. What is scope of the Global  Market report?
Ans: Global Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.

4. Who are the key players in Global Market?
Ans: The important key players in the Global Market are – Metal Sales Manufacturing Corporation, Jinhu Color Aluminum Group, Ideal Roofing Co. Ltd, Reed’s Metals, Inc., ATAS International, Inc., DECRA Roofing Systems, Inc., Firestone Building Products, Carlisle SynTec Systems, BlueScope Steel Limited, The OmniMax International, and Inc.

5. What is the study period of this Market?
Ans: The Global  Market is studied from 2023 to 2030.