Building and Construction Sheets Market Size, Competitive Landscape and Market Forecast - 2029

SKU: DMCH3795 | Last Updated On: Dec 21 2022 | Available Formats

> The Global Building and Construction Sheets Market Expected to reach a high CAGR of 4.5% By 2029: DataM Intelligence

Global Building and Construction Sheets Market is segmented By Product Type (Bitumen, Rubber, Metal, Polymer), By Function (Bonding, Protection, Insulation, Glazing, Water Proofing), By Application (Roofing, Flooring, Walls, Building Envelop, Electrical, HVAC, Plumbing), By End-User (Domestic, Commercial, Industrial), By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2022-2029

Building and Construction Sheets Market Overview

The Global Building and Construction Sheets Market is estimated to reach at a high CAGR of 4.5 % during the forecast period (2022-2029).

Building & construction sheets are designed to give protection, insulation, cladding and many more useful benefits in a very cost-effective way. Different types of sheets such as corrugated, polycarbonate, metals are widely used for roofing.

The increasing construction industry across the globe and rising population, rapid urbanization, and industrialization in emerging economies are projected to drive market growth over the next eight years.

Increasing construction spending by governments in several countries, especially in U.S, India and China, to meet rising industrial and public infrastructure requirements are anticipated to be a significant factor driving the demand for the product in construction applications.

Building and Construction Sheets Market Scope and Summary

Metrics

Details

Market CAGR

4.5%

Segments Covered

By Product Type, By Function, By Application, By End-User and By Region

Report Insights Covered

Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other vital insights.

Fastest Growing Region

Asia Pacific

Largest Market Share 

North America

 

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Building and Construction Sheets Market Dynamics

The demand for colour coated roofing sheets in housing and commercial uses is expected to drive the market

Companies are manufacturing a wide variety of pre-painted roofing sheets, including trapezoidal roof sheets, corrugated roof sheets, curved roofing sheets, standing seam roofing systems and concealed fixed roofing systems. Along with providing aesthetics looks, they are high in strength and easily manageable. For instance, steel roofing sheets are manufactured from high-strength pre-painted and Zinc –aluminum alloy coated steel exhibiting greater corrosion resistance, broader spanning capabilities with better uplift performance.

Moreover, the strong housing market and low-interest rates have helped the real estate business. Also, construction is poised to benefit from the resurgence in infrastructure spending. Hence, construction companies are looking to invest in new technology both for the job site and in the back office to take advantage of negative inflation-adjusted interest rates.

Also, the government’s policy and the fiscal response have allowed for stability in the property markets, making them better for investors. For instance, as per the RSM report, the construction sector is set to benefit from a $1.3 billion allocation under the Biden infrastructure plan in the US.

Henceforth, growing housing and commercial uses are anticipated to drive the market.

Tough competition between the suppliers is expected to hinder the market

The presence of a vast number of suppliers around the different regions is expected to hinder the new entrance into the market of building & construction sheets. Many of the big players in the industry deliver a wide range of products instead of manufacturing a single category. Moreover, these businesses also compete based on product mix and price.

Building and Construction Sheets Market Segmentation Analysis

Based on application, building & construction sheets market is segmented into roofing, flooring, walls, building envelop, electrical, HVAC and Plumbing.

Roofing sheets are used as envelopes in building structures. They can be easily installed. They are resistant to rust and require very little maintenance, and hence are highly durable. The roofing sheets market has changed due to more industrial applications and newer materials than conventional ones.

For instance, corrugated roofing is highly durable because of its shape. They require the support strips to stabilize the material since the screws for fastening go through the ribs' peak. The curvature of the valleys and ribs prevents the screws from sealing adequately in the valleys. Because of the unique corrugated shape, flimsy and lightweight metals like aluminum can also be equipped to undergo decades of weather beating.

Global Building and Construction Sheets Market Geographical Analysis

The Asia Pacific dominates the building & construction tapes due to increased demand for foam backing material to use in double-sided products, extensively used in various building applications. High volume growth has been noted for PVC backing material because of its properties, such as resistance to heat and dimensional stability, which also contributes to its increased usage in the growing construction industry in this region.

The Chinese government has massive construction plans, including making provisions for the movement of 250 million people to its new megacities during the next ten years. As per the National Bureau of Statistics (NBS), real estate investment in China rose 7.0% in 2020 from a year earlier, accelerating from a 6.8% gain in the first 11 months of the year.

Moreover, the growing demand for building and construction tapes in Japan can be attributed to the improved economic conditions and the reconstruction of existing facilities owing to the upcoming sporting events in 2020.

Building and Construction Sheets Market Companies and Competitive Landscape

The building & construction sheets market is moderately competitive with presence of local as well as global companies.  Some of the key players which are contributing to the growth of the market include GAF, Atlas Roofing Corporation, CERTAINTEED, Owens Corning, Etex, Fletcher Building, North American Roofing Services, Inc., Kashyap Unitex Corporation, Kansal Colour Roofings India Pvt. Ltd, Exodus Ispat Pvt Ltd., Bansal Roofing Products Ltd., Hindalco Ind Ltd, J.N. Sons, Tuflite, Advance Roof & Building System among others. The major players are adopting several growth strategies such as product launches, acquisitions, and collaborations, which are contributing to the growth of the building & construction sheets market globally.

Tecafine Polymer Pvt. Ltd.

Overview: Tecafine Polymer Pvt. Ltd. is a PP and HDPE sheets manufacturer and supplies quality and competitive products to electronic firms, automotive firms, and signage industries.

Product Portfolio: The company has mainly two products, which are Polypropylene Sheet and High-Density Polyethylene, applicable for Building & Construction Industries.

The global building & construction sheets market report would provide an access to an approx. 69 market data table, 68 figures and 238 pages.

 

Frequently Asked Questions

What is the Building and Construction Sheets Market growth?

The market is growing at a CAGR of 4.5%.

What is the Building and Construction Sheets Market size in 2021?

The Market size was valued at USD YY million in 2021.

Who are the key players in Building and Construction Sheets Market?

Major Companies are Atlas Roofing Corporation, CERTAINTEED, Owens Corning, Etex, Fletcher Building, North American Roofing Services, Inc., Kashyap Unitex Corporation, Exodus Ispat Pvt Ltd., Hindalco Ind Ltd, J.N. Sons.

 

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