Steel roofing tiles are becoming increasingly popular with homeowners and businesses alike, due to their durability, cost-effectiveness, and aesthetic appeal. In this article, we will explore the different types of steel roofing tiles that are available in the market and how they can be used for residential and non-residential buildings. We will also discuss the advantages of using steel roofing tiles as well as some of the challenges associated with them.
The Driving factors of the Steel roofing tiles market:
There are several factors driving the Steel roofing tiles market such as :
1. Durability: Steel roofing tiles have superior durability and are resistant to damage from extreme weather conditions, fire, and pests, making them an ideal choice for long-term protection of buildings.
2. Low maintenance costs: Steel roofing tiles require minimal maintenance costs due to their corrosion resistance, meaning that they can last for years with little or no upkeep. This makes them a cost-effective option for homeowners looking for reliable roofing solutions.
3. High energy efficiency: Steel roofing tiles reflect heat and ultraviolet rays, which can help reduce energy bills by keeping homes cooler in summer months and warmer in winter months.
4. Eco-friendly: Steel roofing tiles are made from recycled materials and are 100% recyclable making them an eco-friendly choice for green conscious homeowners.
5. Aesthetic appeal: Steel roofing tiles come in a variety of colors and styles, allowing the homeowner to choose a look that best suits their home’s exterior design.
Advantages of the Steel roofing tiles market:
Various advantages of the Steel roofing tiles market include:
1. Durability: Steel roofing tiles are highly durable and can last up to 50 years or more when correctly installed. This makes them an ideal choice for long-term roofing projects, as they will not need to be replaced often.
2. Cost-effective: In comparison to other materials such as asphalt, wood and clay, steel roofing tiles offer a cost-effective solution that also offers great value in the long run due to their durability.
3. Low Maintenance: Steel roofing tiles require very low maintenance and no painting or staining is required, meaning you save even more on the total cost of installation and maintenance throughout the life of your roof.
4. Fire Resistance: Steel roofing tiles are resistant to fire and therefore provide excellent fire protection for your home or building. This helps protect against damages caused by fire outbreaks in your area.
Market Size and value of the Steel roofing tiles market for 2021 to 2031:
The global Steel roofing tiles market is projected to grow at a CAGR of 4.9% from 2021 to 2031 and is expected to reach a value of USD 32.6 billion by 2031.
The growth of this market is mainly driven by factors such as increasing demand for residential and commercial buildings, growing construction activities in emerging countries, and high durability and sustainability of steel roofing tiles. Additionally, the introduction of innovative products with enhanced features also boosts the growth of the market.
Challenges faced by the Steel roofing tiles market/ restraining factors of the Steel roofing tiles market:
Some restraining factors of the Steel roofing tiles market include:
1. High Installation Costs: Steel roofing tiles are more expensive to install than other types of roofing materials due to their heavier weight and higher cost.
2. Susceptibility to Rust: Steel is a metal, which means it is prone to rusting if not properly maintained.
3. Noise: Steel roofing tiles can amplify the sound of rain or hail, making them significantly louder than other types of roofs.
4. Limited Design Options: Steel roofing tiles come in limited design options compared to other materials like asphalt shingles or clay tiles, which makes it difficult for consumers to find a style that fits their aesthetic preferences.
5. Lack of Insulation: Unlike some alternative materials, steel does not provide any insulation benefits and may require additional insulation materials in order to be effective at regulating temperatures inside the home.
Key Market players of the Steel roofing tiles market:
Several key players/manufacturers/vendors of the market are profiled in the report, such as Tata Steel, ArcelorMittal S.A., Corrugated Metals Inc., Berridge Manufacturing Co., NCI Building Systems Inc., Bridger Steel, Classic Metal Roofing Systems, ASC Building Products Ltd., McElroy Metal Inc., Fabral, and ATAS International Inc..
On the basis of type Steel roofing tiles market is divided into
1) Clay Tiles
2) Stone Coated Steel Tiles
3) Concrete Tiles
Clay tiles: Clay roof tiles are made from natural clay, fired in kilns to produce durable and waterproof roofing material. They are available in a variety of colors and textures and can last up to 100 years. They require very little maintenance and are resistant to rot, fire, insects, and extreme weather conditions.
Stone coated steel tiles: Stone coated steel roofing tiles are made from galvanized steel sheets that are coated with acrylic resin and covered with stone chips. These tiles are light weight yet extremely strong and durable. They have a better resistance to fire, hail, wind, rain and other harsh weather conditions compared to traditional asphalt shingles. They also come in a variety of colors and styles and can last up to 50 years without much maintenance.
Concrete tiles: Concrete roofing tiles are made from sand, cement, and water which is then shaped into various shapes such as flat or curved panels. They are very durable and can withstand even the harshest of weather conditions. They also require minimal maintenance but their heavy weight makes them difficult to install.
On the basis of application the Steel roofing tiles market is divided into two parts
Residential Building: Residential buildings such as homes and apartments are the largest application segment of the steel roofing tiles market. Steel roofing tiles offer a great combination of durability, aesthetic appeal and cost-effectiveness that makes them ideal for residential applications.
Non-Residential Building: Non-residential buildings such as commercial spaces, educational facilities and industrial complexes also use steel roofing tiles. They are more durable than other roofing materials such as asphalt shingles, clay tiles and concrete tiles which makes them suitable for large scale industrial buildings where durability is an important factor.
On the basis of end user and region Steel roofing tiles market is divided into
5)Middle East & Africa
North America: North America is the largest market for steel roofing tiles due to the high demand for energy-efficient residential and commercial building materials in this region. The US is the leading country in North America for steel roofing tiles, followed by Canada.
Europe: Europe is another important market for steel roofing tiles due to the increasing demand from residential and commercial construction projects in this region. Germany, France, Italy and UK are some of the key countries in Europe where steel roofing tiles are used extensively.
Asia Pacific: Asia Pacific is a rapidly growing market for steel roofing tiles due to the large population base and rising disposable incomes in this region. China, India and Japan are some of the largest markets for steel roofing tiles in Asia Pacific.
Latin America: Latin America is an emerging market for steel roofing tiles due to increasing investments in infrastructure projects such as housing, industrial complexes and public buildings. Brazil is one of the leading countries in Latin America where steel roofing tiles are being used extensively.
Middle East & Africa: Middle East &
COVID 19 impact and market status of the Steel roofing tiles market:
COVID 19 had a great impact on the market of Steel roofing tiles . Many of the manufacturers were forced to shut down their production due to the pandemic, resulting in a decrease in demand for steel roofing tiles. The pandemic has also led to a decrease in construction activities worldwide, which has further impacted the market for steel roofing tiles.
However, there is still positive news for the steel roofing tiles market. In some regions, such as China and India, economic recovery from COVID 19 has been evident and this is likely to lead to an increase in demand for steel roofing tiles. Additionally, with the implementation of new green initiatives by governments across the world, there is expected to be an increase in demand for sustainable building materials like steel roofing tiles. This could further boost the market growth of steel roofing tiles.
Recent developments in the Steel roofing tiles market from 2019 to 2022:
In 2019 January , US-based metal roofing manufacturer, Central States Mfg., released its new line of steel roofing tiles that feature a unique interlocking design. The company is aiming to make metal roofs more attractive and easier to install.
In March 2019, Spanish metal roofing tile manufacturer, Metalco, released a new set of steel roofing tiles with an innovative ‘self-locking’ system that reduces installation time by up to 40%.
In April 2019, European steel tile manufacturer, Kalesnikoff Roofing Solutions, launched their new range of steel roofing tiles that feature a unique perforated design which is intended to reduce wind uplift and improve fire resistance.
In June 2019, Boral USA announced the launch of their MAXITILE collection of galvanized steel roofing tiles with enhanced corrosion protection for coastal areas.
In October 2019, French metal roof tile producer Terreal launched their range of LIGHT TILES which are lightweight yet durable tiles made from thin sheet steel materials and designed for easy installation on pitched roofs.
In January 2020, US-based PGH Roofers Supply unveiled a range of natural stone-coated steel roofing tiles designed to provide superior insulation
Steel Roofing Tiles Market Scope
|Revenue forecast in 2031
|USD 32.6 billion
|CAGR of 4.9 % during 2021-2031
|Type, Application, Regions
|North America, Europe, Asia Pacific, South America, Middle East and Africa
|Key Players Profiled
|Tata Steel, ArcelorMittal S.A., Corrugated Metals Inc., Berridge Manufacturing Co., NCI Building Systems Inc., Bridger Steel, Classic Metal Roofing Systems, ASC Building Products Ltd., McElroy Metal Inc., Fabral, and ATAS International Inc..
Key Segments of the Steel Roofing Tiles Market
Type Overview, (USD Billion)
• Romanic Tile
• Gothic Tile
• Classic Tile
Application Overview, (USD Billion)
• Residential Buildings
• Non-Residential Buildings
Regional Overview, (USD Billion)
• Rest of Europe
• Rest of Asia Pacific
• Rest of South America
• Middle East and South Africa