FMI estimates the USA and Canada Pre-Painted Steel Roofing and Cladding market to reach a value of USD 1,765.9 Million by the year 2022. Sales prospects of the market are expected to expand at a CAGR of 4.6% and to top a valuation of USD 2,756.0 Million by 2032. With the growing demand for superior roofing & cladding solutions for residential & non-residential sectors, the demand for pre-painted steel is expected to witness significant growth opportunities during the projected period.
| Attributes | Details |
|---|---|
| Pre-Painted Steel Roofing and Cladding Sales (2021A) | USD 1,694.2 Million |
| Pre-Painted Steel Roofing and Cladding Sales (2022E) | USD 1,765.9 Million |
| Pre-Painted Steel Roofing and Cladding Market Projections (2032F) | USD 2,756.0 Million |
| Value CAGR (2022 to 2032) | 4.6% |
The USA and Canada markets are expected to witness a significant growth rate of 4.6% owing to consistent demand from the construction industry, where it is widely accepted & used in roofing and cladding solutions. Pre-painted steel, also known as coil-coated steel or pre-coated steel, is widely used on the exterior of all types of residential, commercial, institutional, and industrial buildings, as both exterior wall cladding and metal roofing, as well as related trim and accessories.
Pre-painted steel products currently contribute to green and sustainable buildings in a variety of ways. Using pre-painted steel products is a versatile, tried-and-true, long-lasting, durable, sustainable, and low-maintenance solution.
Exclusive Offer: 30% Off on Regional Reports
Get a free sample report and customize your regions for a 30% discount on your regional report!
The market witnessed a CAGR of 1.4% over the historical period of 2017 to 2021. The pandemic crisis in 2020 caused a decline in the market, which is reflected in raw material prices, varying demands for materials, altered customer expectations, halt on the construction & infrastructure projects and behaviors regarding products, and rising logistical costs. These factors had a negative impact on the market.
As per the current estimate, the forecast growth outlook for the USA and Canadian market remains around 4.6% for the period between 2022 and 2032. Rising construction spending and new infrastructure in the USA and Canada are expected to fuel demand for pre-painted metal in the years ahead. Rising infrastructural advancements in the region are responsible for the growth. New and improved continuous coil painting lines in North America are rapidly proliferating to meet the needs. This is anticipated to drive product demand over the coming years.
The numerous design and maintenance benefits that pre-finished steel can provide over the course of a building's entire lifespan have made it one of the most popular building envelope solutions worldwide. Pre-finished steel is a widely used construction material, favored for its versatility in terms of color and cladding design across a wide range of market sectors, from industrial and commercial to public sector and high-end aesthetic developments.
Lighter-weight steel standing seam roofing and cladding systems can have a big impact on quality and ease of installation. Pre-coated steel systems can also offer simple installation, better quality control, and most importantly, excellent durability when compared to zinc or aluminum.
Pre-coated steel roofing and cladding systems can provide a significant advantage in terms of material cost savings when compared to zinc or aluminum.
Pre-painted steel roofing sheets are the best material for roof and wall cladding applications because they offer design flexibility, high strength while remaining lightweight, excellent thermal performance, and outstanding environmental credentials, making them the material of choice for sustainability. The choice of a variety of colors results in a beautiful and eye-catching visual statement.
Steel roofing sheets with color coatings stand out for their durability. Steel sheets can last significantly longer than 30 years depending on where they are used with little maintenance other than routine cleaning. The sheets are an ideal building material because they are strong while being lightweight. The sheeting can be produced in a variety of base metal thicknesses depending on the level of strength required by the specific building design.
Pre-painted steel roofing radiates heat outside, as opposed to asphalt shingles, which trap it inside. Buildings that have adequate insulation and ventilation stay warmer in the winter and cooler in the summer, saving money on heating and cooling expenses.
Steel is one of the most recycled materials on the planet, making all steel roofing sheeting 100% recyclable. This significantly reduces the environmental harm caused by leftover building materials. Steel does not crack, shrink, curl, or rot. It has been tested to withstand acid rain, 110-mph winds, severe weather, high temperatures, sunlight exposure, and other weather conditions. Best of all, it keeps its color and shape longer than other roofing and siding materials.
In cases of rain and ice, metal roofs may be significantly noisier. Since there are softer and harder metals, the material used will also affect the noise level. By adding more attic insulation, the noise level can be controlled and reduced, but again, this drives up the price of installing a roof.
Although metal roofs are a secure option, people should exercise extra caution when it is snowing because the snow has a habit of sliding off metal roofs. It might injure people or the landscaping or gnomes below. Also depending upon the type of paint, the paints may fade away with time or be exposed to more UV lights.
Check Free Sample Report & Save 40%!
Select your niche segments and personalize your insights for smart savings. Cut costs now!
Pre-Painted steel roofs & cladding show excellent resistance to weather conditions and are more durable than other metal sheets.
Additionally, it is excellent at shaping, so it is currently used in large quantities for the outside cabinets of air conditioners. Numerous household items are made of pre-painted steel. Pre-painted steel is also used in construction supplies and refrigerators.
Due to its superior qualities, it is used in the ventilation, heating & air conditioning industry. Major applications include ventilation ducts, boilers, air conditioning units & radiators. Apart from this, this is also being used in office furniture (interior, shelves), lighting (gear tray, tube lights), ceilings, and electronics (set-up boxes, plasma screen, computer cases).
The USA maintains its status as one of the most powerful and largest economies in the world as a highly developed country.
Over the forecast period, it is anticipated that the expansion of the construction industry will boost sales growth in the USA Pre-painted steel that offers superior and long-lasting performance is in greater demand due to the growing importance of metal roofing in the USA's harsh climates. The benefits of a metal roof include fire resistance, simple installation, low heat conduction, and lightweight. These elements are boosting demand for metal roofs in the USA, which is anticipated to benefit the consumption of pre-painted steel over the forecast period.
Steel is extremely susceptible to rust, which inevitably results in corrosion. As a result, solutions for roofing and cladding in the construction industry use coated steel. The upcoming projects lined up in the region are expected to propel the demand for pre-painted steel roofing & cladding.
The Pre-Painted Steel Roofing and Cladding market in the USA is expected to expand at a CAGR of 4.6% during the forecast period.
Colour Coated Steel or Pre-Painted Steel is a significant development in steel for the construction industry. The building and construction industry is booming as a result of rising urbanization. Numerous new commercial and industrial infrastructure projects are being inspired by this trend.
Color-coated steel is produced by putting a decorative coating (liquid paint) on a coil of steel, also known as pre-painted steel. This paint coating increases the steel's strength and durability while preventing atmospheric corrosion.
Utilizing a color coating on steel has a number of benefits. The benefits are endless: longer life, improved aesthetics, recyclability, etc. Many times, there are not enough material options for architects and designers. Given the wide variety of colors, shapes, and textures available with color-coated steel, they are very likely to avoid this situation.
Pre-painted steel is used for the wall cladding and roof due to its toughness and combustibility, especially in a region where forest fires are a concern. The choice of the proper cladding material establishes the ideal tone for the remainder of the structure and its interiors. Any compromise in the external material and color choices can have an impact on both the appearance and the performance. The color coating of the cladding material is a significant component that makes a significant difference in the longevity of the steel structure and the overall life of the cladding material.
The Non-Residential segment is anticipated to reach about USD 1,631.2 Million by end of the year 2032.
North America Pre-Painted Steel Roofing & Cladding Market has a presence of several market participants. Prominent market players are holding a significant share of the overall market, whereas the remaining share is distributed among the other market players. Key market players are actively engaged in acquisition, expansion & product launches, while small-scale market players are focused on increasing their reach & penetration in the regional & global markets. For instance:
| Attributes | Details |
|---|---|
| Forecast Period | 2022 to 2032 |
| Historical Data Available for | 2017 to 2021 |
| Market Analysis | USD Million for Value and Kilo Tons for Volume |
| Key Countries Covered | USA, Canada |
| Key Segments Covered | Product Type, Resin Chemistry, Design, Color, Architecture Style, Application, End Use, and Country |
| 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; Agway Metals Inc.; Westman Steel Industries. |
| Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, Drivers, Restraints, Opportunities and Threats Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
| Customization & Pricing | Available Upon Request |
The USA and Canada Pre-Painted Steel Roofing and Cladding market are estimated to reach a valuation of USD 1,765.9 Million in 2022.
The Pre-Painted Steel Roofing and Cladding demand is anticipated to witness a growth rate of 4.6% over the forecast period of 2022 and 2032 in terms of value.
According to FMI analysis, 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, Agway Metals Inc., Westman Steel Industries and others are identified as the key manufacturers in the Pre-Painted Steel Roofing and Cladding market.
Key players in the USA and Canada Pre-Painted Steel Roofing and Cladding market are expected to account for about 30 to 35% of the overall market share.
| Estimated Market Size (2024E) | USD 1,088.4 billion |
|---|---|
| Projected Market Value (2034F) | USD 1,622.8 billion |
| Value-based CAGR (2024 to 2034) | 4% |
| Market Value (2023) | USD 126.38 billion |
|---|---|
| Expected Forecast Value (2033) | USD 215.89 billion |
| Projected CAGR (2023 to 2033) | 5.5% |
| Estimated Market Value (2022E) | USD 285.3 Million |
|---|---|
| Projected Market Value (2032F) | USD 487.3 Million |
| Value-based CAGR (2022 to 2032) | 5.5 % |
Explore General & Advanced Materials Insights
View Reports
USA & Canada Pre-painted Steel Roofing and Cladding Market
Thank you!
You will receive an email from our Business Development Manager. Please be sure to check your SPAM/JUNK folder too.
