Market Overview:
The global roof panels market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for energy-efficient and low-maintenance roofing solutions. Metal roof panels are expected to dominate the market during the forecast period, owing to their durability and weather resistance properties. Mineral fiber roof panels are also anticipated to witness high growth during the forecast period, as they are lightweight and provide thermal insulation.
Product Definition:
A roof panel is a large, flat piece of material that sits on top of a house or building to keep the rain and snow out. Roof panels are often made out of metal, wood, or plastic.
Metal Roof Panels:
Metal roof panels are the most popular and fastest growing segment in the roof panels market. The growth of metal roof panel is directly proportional to the growth of residential construction sector. As per our estimates, there was about a 30% increase in demand for metal roofs in 2016 as compared to 2015 which is expected to be high watermark for this segment till date.
Mineral Fiber Roof Panels:
Mineral fiber is a type of synthetic fiber, which is made from minerals such as glass, rock, and coal. These fibers are used in various applications including insulation roofing panels. The product helps to reduce the overall energy consumption of building structure by lowering its temperature and thus reduces the amount of heat that needs to be transported through the building.
The product also provides thermal resistance against snow loads.
Application Insights:
The non-residential application segment led the global market and accounted for more than 61.0% share of the total revenue in 2017. The growth of this segment is attributed to an increase in construction activities of commercial buildings, such as offices, showrooms, hotels and restaurants on a global level.
Increasing investments from governments across the world toward promoting industrial development and increasing employment rates are expected to boost demand for new commercial constructions over the forecast period. In addition, rapid urbanization along with rising living standards has created a significant demand for residential structures worldwide; this trend is expected to continue over the next few years thereby driving product demand from residential applications at a steady rate throughout the forecast period.
Regional Analysis:
Asia Pacific dominated the global roof panels market in 2016 and is expected to continue its dominance over the forecast period. The region accounted for a revenue share of over 35% in 2017. This can be attributed to increasing construction activities, especially in developing countries such as China and India. In addition, growing awareness regarding energy conservation is anticipated to drive demand from residential applications segment during the forecast period.
The Asia Pacific was followed by North America owing to rising concerns regarding climate change and global warming along with increasing government initiatives pertaining to sustainable development. Europe accounted for a significant share of the overall industry due mainly growth in non-residential construction spending on account of aging infrastructure projects coupled with improving economic conditions across several European countries including Germany, Italy, Spain etc.
Growth Factors:
- Increasing demand for energy-efficient and eco-friendly roofing solutions
- Rising awareness about the benefits of using roof panels
- Growing construction and renovation activities worldwide
- Technological advancements in the manufacturing of roof panels
- Rising demand from developing countries
Scope Of The Report
Report Attributes
Report Details
Report Title
Roof Panels Market Research Report
By Type
Metal Roof Panels, Mineral Fiber Roof Panels, Others
By Application
Non-residential, Residential
By Companies
ArcelorMittal, OmniMax International, Kingspan Group, Lindab, NCI Building Systems, Palram Industries, Rautaruukki, AEP Span, AGWAY METALS, AmeriLux, ArcelorMittal, Avcomposites, BEMO, Berridge, Bigbee Steel Buildings
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Roof Panels Market Report Segments:
The global Roof Panels market is segmented on the basis of:
Types
Metal Roof Panels, Mineral Fiber Roof Panels, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Non-residential, Residential
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ArcelorMittal
- OmniMax International
- Kingspan Group
- Lindab
- NCI Building Systems
- Palram Industries
- Rautaruukki
- AEP Span
- AGWAY METALS
- AmeriLux
- ArcelorMittal
- Avcomposites
- BEMO
- Berridge
- Bigbee Steel Buildings
Highlights of The Roof Panels Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Metal Roof Panels
- Mineral Fiber Roof Panels
- Others
- By Application:
- Non-residential
- Residential
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Roof Panels Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Roof panels are a type of roofing material that is made up of several sheets of metal that are attached to each other. The metal sheets overlap one another, creating an airtight seal. This seal helps protect the roof from rain and snow, as well as keeping heat in during the summer and cold out in the winter.
Some of the major companies in the roof panels market are ArcelorMittal, OmniMax International, Kingspan Group, Lindab, NCI Building Systems, Palram Industries, Rautaruukki, AEP Span, AGWAY METALS, AmeriLux, ArcelorMittal, Avcomposites, BEMO, Berridge, Bigbee Steel Buildings.
The roof panels market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Roof Panels Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Roof Panels Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Roof Panels Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Roof Panels Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Roof Panels Market Size & Forecast, 2018-2028
4.5.1 Roof Panels Market Size and Y-o-Y Growth
4.5.2 Roof Panels Market Absolute $ Opportunity
Chapter 5 Global Roof Panels Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Roof Panels Market Size Forecast by Type
5.2.1 Metal Roof Panels
5.2.2 Mineral Fiber Roof Panels
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Roof Panels Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Roof Panels Market Size Forecast by Applications
6.2.1 Non-residential
6.2.2 Residential
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Roof Panels Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Roof Panels Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Roof Panels Analysis and Forecast
9.1 Introduction
9.2 North America Roof Panels Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Roof Panels Market Size Forecast by Type
9.6.1 Metal Roof Panels
9.6.2 Mineral Fiber Roof Panels
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Roof Panels Market Size Forecast by Applications
9.10.1 Non-residential
9.10.2 Residential
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Roof Panels Analysis and Forecast
10.1 Introduction
10.2 Europe Roof Panels Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Roof Panels Market Size Forecast by Type
10.6.1 Metal Roof Panels
10.6.2 Mineral Fiber Roof Panels
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Roof Panels Market Size Forecast by Applications
10.10.1 Non-residential
10.10.2 Residential
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Roof Panels Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Roof Panels Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Roof Panels Market Size Forecast by Type
11.6.1 Metal Roof Panels
11.6.2 Mineral Fiber Roof Panels
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Roof Panels Market Size Forecast by Applications
11.10.1 Non-residential
11.10.2 Residential
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Roof Panels Analysis and Forecast
12.1 Introduction
12.2 Latin America Roof Panels Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Roof Panels Market Size Forecast by Type
12.6.1 Metal Roof Panels
12.6.2 Mineral Fiber Roof Panels
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Roof Panels Market Size Forecast by Applications
12.10.1 Non-residential
12.10.2 Residential
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Roof Panels Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Roof Panels Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Roof Panels Market Size Forecast by Type
13.6.1 Metal Roof Panels
13.6.2 Mineral Fiber Roof Panels
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Roof Panels Market Size Forecast by Applications
13.10.1 Non-residential
13.10.2 Residential
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Roof Panels Market: Competitive Dashboard
14.2 Global Roof Panels Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ArcelorMittal
14.3.2 OmniMax International
14.3.3 Kingspan Group
14.3.4 Lindab
14.3.5 NCI Building Systems
14.3.6 Palram Industries
14.3.7 Rautaruukki
14.3.8 AEP Span
14.3.9 AGWAY METALS
14.3.10 AmeriLux
14.3.11 ArcelorMittal
14.3.12 Avcomposites
14.3.13 BEMO
14.3.14 Berridge
14.3.15 Bigbee Steel Buildings
