{"id":10062,"date":"2020-05-07T15:58:00","date_gmt":"2020-05-07T15:58:00","guid":{"rendered":"https:\/\/icrowdnewswire.com\/?p=2544571"},"modified":"2020-05-07T15:58:00","modified_gmt":"2020-05-07T15:58:00","slug":"metal-roofing-market-emerging-economies-expected-to-influence-growth-until-2017-2025","status":"publish","type":"post","link":"https:\/\/ipsnews.net\/business\/2020\/05\/07\/metal-roofing-market-emerging-economies-expected-to-influence-growth-until-2017-2025\/","title":{"rendered":"Metal Roofing Market: Emerging Economies Expected to Influence Growth until 2017-2025"},"content":{"rendered":"

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Metal Roofing Market: Introduction<\/p>\n

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As the name suggests, metal roofing<\/strong> is a roofing system made of metal or tiles. Metal roofs have a lifespan of approximately one hundred years and majority of manufacturers provide a 50-year warranty, which reflects positively on the sales of metal roofing and is expected to continue doing so during the forecast period. Installation of metal roofing offers a myriad of advantages, such as distinctive beauty, energy efficiency, fire safety, elimination of leaks & ice dams, high wind resistance and curbs fungus or moss growth. Attributing to such favorable properties, metal roofing is expected to garner attention from end users and the market is expected to gain traction over the forecast period.<\/p>\n

Metals roofs are generally 100% recyclable and reflect heat and sunlight. They also minimize energy loss and energy cost and their light weight makes them suitable for use in old buildings as they provide integrity to the structure. Metal roofs also provide resistance against wind. Developing countries, such as India and China, are estimated to drive the metal roofing market. For instance, in 2015, the State Council of China announced the renovation of 8 million apartments and construction of 16 million new apartments.<\/p>\n

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<\/strong>Metal Roofing Market: Dynamics<\/p>\n

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Rapid urbanization, rising construction industry and development of new products and technology are expected to drive the metal roofing market during the forecast period. Investments by the governments of emerging economies, such as China, India, Indonesia and Malaysia, in the construction industry, coupled with the long lifespan, easy installation and high durability of metal roofs, are expected to further propel the global metal roofing the market during the forecast period.<\/p>\n

Rise in the number of commercial projects across the globe, such as hotels, hospitals and schools, is expected to accelerate the growth of the metal roofing market during the forecast period. Favorable properties of metal roofs, such as noise reduction, improved quality of air and reduction in cost incurred for air conditioning, are expected to drive the metal roofing market during the forecast period.<\/p>\n

High investment cost associated with the installation and high capital cost for Metal roof is expected to act an obstacle in the growth of Metal Roofing Market during the forecast period. In the snowy areas metal roof is not preferred as the snow slips and falls on property or pedestrians which is expected pose restraint in the growth of the Metal Roofing Market.<\/p>\n

Metal Roofing Market: Segmentation<\/p>\n

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The metal roofing market can be segmented on the basis of product type as:<\/p>\n