Market Dynamics:
One of the major drivers fueling growth of the metal roofing market is rising demand for energy saving roofing solutions from the building and construction sector. Metal roofing provides better insulation and therefore reduces energy consumption by buildings through effective temperature regulation. This saves costs significantly over the lifespan of the roofing system. Additionally, metal roofing offers durability of 50 years or more which is much higher than other materials like concrete or clay tiles. They do not deteriorate from damage caused by hail, fire, strong winds or soil movement. Their longevity significantly lowers overall maintenance and replacement costs for building owners. Demand for metal roofing is further augmented by increasing preference for non-flammable and sustainable construction materials across the globe.

Key Takeaways

The Global Metal Roofing Market Size is expected to witness high growth, exhibiting CAGR of 11% over the forecast period, due to increasing demand driven by higher durability and resilience against extreme weather events.

For More Insights, Read: https://newsinsights123.blogspot.com/2023/12/mobile-gaming-is-fastest-growing.html