FMI Forecasts Surge in Pre-painted Steel Roofing and Cladding Market in USA and Canada, Projecting Valuation of US$ 2,756.0 Million by 2032

USA & Canada Pre-painted Steel Roofing and Cladding Market
USA & Canada Pre-painted Steel Roofing and Cladding Market

The USA and Canada market for pre-painted steel roofing & cladding size is anticipated to reach a value of US$ 2,756.0 Million by the end of the forecast period. USA & Canada Pre-Painted Steel Roofing and Cladding Market to reach a value of US$ 1.8 Billion by 2022 and estimated to cross US$ 2.7 Billion at a CAGR of 4.6% by 2032 end. Due to the variety of design benefits and maintenance benefits, it can provide over the course of a building’s lifespan, pre-painted steel has grown to be one of the most popular building envelope solutions globally.

Pre-painted steel is a widely used building material for industrial and commercial projects, as well as public sector buildings and better aesthetic developments, and is frequently chosen for its color options and cladding design options.

Color-coated steel is another term for pre-painted steel. This steel is primarily used in the roofing and cladding industries. Pre-painting is a one-of-a-kind process in which steel coils are cleaned, pre-treated, and then painted with inorganic or organic paints. Depending on the product, one or both sides can be primed and coated. This paint protects the steel from atmospheric corrosion while also increasing its strength and durability.

Steel roof panels have a significant advantage over other roofing materials in terms of longevity. In contrast to asphalt shingles, which trap heat inside, pre-painted steel roofing radiates it outside. Buildings with adequate insulation and ventilation remain warmer in the winter and cooler in the summer, reducing heating and cooling costs. Pre-painted metal has a wide range of aesthetic possibilities, especially when used for metal wall and roof panels in newly constructed or remodeled buildings.

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“Growing demand for roofing & cladding solutions, from the end uses such as residential & non-residential sectors is expected to propel the market growth.”

Key Takeaways:

  • The USA & Canada market for pre-painted steel roofing & cladding is projected to witness a CAGR of the magnitude of 4.6% between 2022 and 2032.
  • The United States is expected to reach about US$ 2,462.1 Million by the end of the year 2032.
  • By product type, pre-painted steel roofing is expected to remain one of the fastest-growing segments and is further estimated to expand at a CAGR of 4.7% during the forecast period.
  • By application, the new construction segment is anticipated to remain a key segment for the consumption of pre-painted steel roofing & cladding and is estimated to account for more than 85% of the overall consumption for the year 2022.

Competitive Landscape

The USA & Canada Pre-Painted Roofing & Cladding Market have a presence of numerous small-scale players along with some prominent key players. Key Players are closely involved in developmental activities such as acquisition, product launches & investments. Key Players are closely involved in developmental activities such as acquisition, product launches & investments.

Key Companies Profiled

  1. Arcelor Mittal
  2. ATAS
  3. Englert Inc.
  4. Tata BlueScope Steel
  5. Western States Metal Roofing
  6. Flexospan Steel Buildings, Inc.
  7. Shandong Linxu Materials Co., Ltd.
  8. National Cladding Wales
  9. THOMAS PANELS & PROFILES
  10. Scotia Metal Products
  11. ExSteel
  12. Coastal Metal Service
  13. Duchesne
  14. Agway Metals Inc.
  15. Westman Steel Industries.

For instance

  • In 2020, Westman Steel acquired Scotia Metal Products Inc. to establish a production plant in Halifax, Newfoundland, and expand into Atlantic Canada.
  • In March 2017, Westman Group Inc. acquired a majority stake in Eagle Mountain Structural Insulated Panel Systems (new name: Artspan). Artspan is an industry-leading manufacturer of structural insulated steel panel products.
  • In May 2020, Duchesne announced the introduction of three new steel profiles to its LCD steel siding product line: LCD 6, LCD 8, and LCD 11. Also, Deep Grey 28314 was added to the Duchesne Steel color offer. This color will be available in both siding and roofing.

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More Insights into the USA and Canada Pre-Painted Steel Roofing and Cladding Market Report

In its latest report, Future Market Insights offers an unbiased analysis of the USA & Canada Pre-Painted Steel Roofing & Cladding market, providing historical data from 2017 to 2021 and forecast statistics for the period 2022 to 2032. To understand the market potential, growth, and scope, the market is segmented based on product type, resin chemistry, design, color, architure style, application, end use, and country.

USA and Canada Pre-Painted Steel Roofing and Cladding Market Segmentation

By Product Type:

  • Steel Roofing
  • Steel Cladding

By Resin Chemistry:

  • Roofing
    • PVDF
    • SMP
    • Polyester
    • Acrylic
    • Epoxy
    • Others
  • Cladding
    • PVDF
    • SMP
    • Polyester
    • Acrylic
    • Epoxy
    • Others

By Design:

  • Roofing
    • Standing Seam Panels
    • Corrugated Panels
    • PBR Panels
    • Western Rib Panels
    • Others
  • Cladding
    • Standing Seam
    • Snaplock
    • Interlocking
    • Flatlock and Shingle
    • Cassette
    • Others

By Color:

  • Roofing
    • Matte Black
    • Charcoal Gray
    • Medium Bronze
    • State Gray
    • Regal White
    • Mansard Brown
    • Colonial Red
    • Copper Metallic
    • Others
  • Cladding
    • Matte Black
    • Charcoal Gray
    • Medium Bronze
    • State Gray
    • Regal White
    • Mansard Brown
    • Colonial Red
    • Copper Metallic
    • Others

By Application:

  • Remodeling & Renovation
  • New Construction

By End Use:

  • Residential
  • Non-residential

By Country:

  • USA
  • Canada

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About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5,000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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