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 consists 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 centres. Furthermore, they are used in shopping centres, retail stores, airplane hangars, office buildings, libraries, churches, hospital buildings and government offices.
The cost of metal building system and the corrosion occurred on the metal hampers the market of metal building system. The corrosion is natural phenomenon which occurs on metals which are widely seen in automotive, building infrastructure and others. It is the reaction caused by metal material with surrounding environment. The metal building are made up of many metals such as steels, aluminium and others, whereas, the metal building made up of steel get exposed to air, and cause rust, which reduces the toughness of the steel and makes the structure of the building weak. Thus, these are some factors contributing to hamper the metal building market growth.
|Base Year:||2021||Market Size in 2021:||US$ 492.53 Mn|
|Historical Data for:||2017 to 2020||Forecast Period:||2022 to 2030|
|Forecast Period 2022 to 2030 CAGR:||9.2%||2030 Value Projection:||US$ 1094.22 Mn|
TATA Steel, ArcelorMittal S.A., Romakowski GmbH & Co. KG, Lattonedil Spa Milan, ZhongJie Group, Al Shahin Metal Industries, Nucor Building Systems Sales Corporation, Macegaglia Carbon Steel - India, Italpannelli Srl, Balex Metal, BCOMS (ZAMIL) and Paroc Group Oy, Others
|Restraints & Challenges:||
Global Metal Building System Market - Impact of Coronavirus (Covid-19) Pandemic:
Metal building system had a negative impact during Covid-19 globally. The prices of steel and other metals fluctuate during covid-19, in accordance with demand and supply side of metal production. The production of metals were affected due to the breakage in supply chain of metals. There was a stoppage of imports and exports of national and international products due to the government regulations imposed by covid-19. Some of the major operating companies in metal building system market such as TATA Steel, ArcelorMittal S.A. had partial shutdown of companies which results a production loss.
North America held dominant position in the global metal building system market in 2021, accounting for 35% share, in terms of value, followed by Europe and Asia Pacific.
Figure 1: Global Metal Building System Market Share (%), By Region, 2021
North America 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 acquisition to develop the metal buildings. For instance, in June 2022, Nucor Corporation, a steel manufacturer based in the U.S. acquired Summit Utility Structures LLC, a U.S based manufacturer of tubular poles and related company, Sovereign Steel Manufacturing LLC, U.S based steel manufacturing structures. The motive of the acquisition is to expand footprint globally of steel structures.
Commercial Buildings segment is expected to drive the market growth during the forecast period
The market is segmented into commercial building and residential building. The commercial building is expected to dominate due to the rising demand of commercial spaces in various industries such as retail, offices and others.
Figure 2: Global Metal Building System Market Share (%), By Application, 2021
The global metal building system market is estimated to be valued at US$ 492.53Mn in 2022 and is expected to reach US$ 1094.22Mn by 2030 at a CAGR of 9.2% between 2022 and 2030.
Major players operating in the global metal building system market include TATA Steel, ArcelorMittal S.A., Romakowski GmbH & Co. KG, Lattonedil Spa Milan, ZhongJie Group, Al Shahin Metal Industries, Nucor Building Systems Sales Corporation, Macegaglia Carbon Steel - India, Italpannelli Srl, Balex Metal, BCOMS (ZAMIL) and Paroc Group Oy among others.
Metal building systems are structured steel-framed buildings that use a mixture of cold-formed steel and welded plate units to form their structure. These components are part of a designed system where the steel material used is of better-quality, such that there is virtually no wasted material in the final structure. Each system is unique custom-designed and structured, produced and then assembled on the construction site. The system are integrated with Computer-Aided Design (CAD), along with the ability to clad the buildings in brick, precast concrete, stone, wood, architectural metal, or glass, allows great flexibility in design building.
Shopping malls, retail stores, offices, manufacturing facilities, warehouses, entertainment centers, and several other low-rise building end-uses are among the current usage of metal building systems. Due to the flexibility provided by various combinations of the system's fundamental components, this type of construction has a surprising range of aesthetic options today. These options include the ability to clad the buildings in a variety of materials such as brick, precast concrete, stone, wood, aluminum, or glass.
The demand of metal building system is increasing due to advanced metal building software’s. The use of advanced metal building software’s provides virtual building designs, easy to prepare customize designs, which is cost effective and convenient to use. There are number of software’s available in the market. For instance, Metal Building Software, Inc., is a U.S-based software of metal building industry. The software provides pricing, design, detailing of steel framed buildings. Moreover, Autodesk Inc., American multinational software corporation provides Autodesk Building Systems 3 software which is the leading Computer-aided design (CAD) software for mechanical, plumbing, and electrical engineers to use in the design, development, and construction documentation of complex building systems. Autodesk Building Systems encompasses the certification and interpretation tools that help to increase design efficiency by monitoring layer and graphic standards and programing vital drafting tasks, such as portraying crossed objects with hidden lines.
Key features of the study:
“*” marked represents similar segmentation in other categories in the respective section.