Metal building systems are professionally engineered constructions that offers cost-effective and efficiency in low-rise buildings. The metal building system producers use CADD (computer-aided design and drafting tools) to customized structures of each building system and all building accessories are depend on the consumer’s requirements and specifications and on the local and national building unique codes. The basic components of the metal building system consist of major rigid frames, such as roof purlins, wall girts, bracing and cladding. These components are structured and develop to act as an integrated metal building system. The metal building systems are used in almost in every building application. They are used in manufacturing applications such as warehouses, complex production facilities and distribution centers. Furthermore, they are used in shopping centres, retail stores, airplane hangars, office buildings, libraries, churches, hospital buildings and government offices.
Driver:
With growing concerns over climate change, resource depletion, and pollution, governments, businesses, and consumers are increasingly prioritizing sustainable alternatives in the construction industry which is driving the metal building system market. Metal building systems are emerging as a key solution due to several sustainable qualities. One of the primary advantages of metal construction is its recyclability. Steel, aluminum, and other metals used in building systems can be recycled repeatedly without losing their structural integrity. Furthermore, metal buildings are renowned for their energy efficiency. These often incorporate features such as insulated panels, cool roofs, and reflective coatings, which contribute to better thermal performance and reduced energy consumption for heating, cooling, and lighting. By lowering energy usage, metal buildings help mitigate greenhouse gas emissions and contribute to overall environmental sustainability.
Restraints:
The shortage of skilled labor can hamper growth of the metal building system market. With growing construction activities across commercial and industrial sectors, there has been huge demand for metal building erection services over the past few years. However, many construction companies that specialize in metal buildings are struggling to hire enough skilled welders and engineers to keep up with the increasing demand for their services. The lack of skilled workforce leads to delays in construction timelines, cost overruns, and decreased productivity levels for metal building systems companies. These are unable to take up new projects due to the limited labor pool. Increasing complexity of building projects with advanced metal building technologies can also hamper the market growth. Erecting structures with curving roofs, creating distinctive designs or incorporating renewable energy systems into buildings demands a higher level of specialized skills compared to traditional rectangular structures. However, Training programs have found it challenging to adapt to these modern construction methods and techniques.
Metal Building System Market Report Coverage
Report Coverage | Details | ||
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Base Year: | 2023 | Market Size in 2024: | US$ 20,354.4 Mn |
Historical Data for: | 2019 to 2023 | Forecast Period: | 2024 - 2031 |
Forecast Period 2024 to 2031 CAGR: | 11.5% | 2031 Value Projection: | US$ 43,692.8 Mn |
Geographies covered: |
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Segments covered: |
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Companies covered: |
American Building, BlueScope Buildings North America, Inc., Canam Group, Interarch Building Products Pvt. Ltd., ATAS International, Inc., Metallic Building Company, CECO Building System, Röder Group, Schulte Building Systems, Zamil Steel Holding Company Limited |
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Growth Drivers: |
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Restraints & Challenges: |
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Global Metal Building System Market - Impact of Coronavirus (Covid-19) Pandemic:
The pandemic caused major disruptions in global supply chains. Lockdowns and restrictions delayed the production and delivery of essential raw materials like steel and aluminum, leading to longer lead times and higher costs for manufacturers of metal building systems. Many construction projects were postponed or canceled due to uncertainty and the economic downturn, causing decrease in demand for metal building systems. Labor shortages due to illness, quarantine measures, and movement restrictions delayed manufacturing and installation of metal building systems. This increased construction costs for metal building systems in residential and commercial projects. Manufacturers faced the challenge of navigating these disruptions while trying to maintain profitability and competitive pricing.
Asia Pacific held dominant position in the global metal building system market in 2024, accounting for 38.5% share, in terms of value, followed by North America and Europe Asia Pacific is expected to dominate the metal building system market. This is due to the increasing number of players manufacturing metal building in North America. There is also an increase in the structures. The motive of the acquisition is to expand footprint globally of steel structures.
Figure 1: Global Metal Building System Market Share (%), By Region, 2024
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Roof System segment is expected to drive the market growth during the forecast period
The market is segmented into Roof System, Wall System and Ceiling System. The Roof System is expected to dominate.
Figure 2: Global Metal Building System Market Share (%), By Product, 2024
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The global metal building system market is estimated to be valued at US$ 20,354.4 Mn in 2024 and is expected to reach US$ 43,692.8 Mn by 2031 at a CAGR of 11.5% between 2024 and 2031.
Major players operating in the global metal building system market include American Building, BlueScope Buildings North America, Inc., Canam Group, Interarch Building Products Pvt. Ltd., ATAS International, Inc., Metallic Building Company.
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About Author
Ramprasad Bhute is a Senior Research Consultant with over 6 years of experience in market research and business consulting. He manages consulting and market research projects centered on go-to-market strategy, opportunity analysis, competitive landscape, and market size estimation and forecasting. He also advises clients on identifying and targeting absolute opportunities to penetrate untapped markets.
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