Detailed Project Report on metal roofing sheet
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METAL ROOFING SHEET [3576]
Here's What You Need to Know About the Metal
roofing Market
Metal roofing is
currently being opted in many parts of the world, courtesy of its superior
looks and durability. Its popularity has grown by leaps and bounds in recent
times, and more people are opting for metal roofs over other roofing materials
like tiles, slates, wooden roofing materials, etc. As it stands, both the
residential and the commercial sector is keen on using this material.
The metal tiles
used are manufactured usually through an elaborate process and last 100 years
on average, with makers generally promising a 50 year of warranty.
As elucidated
above, the benefits of metal roofing seem to be multifaceted:
1.
Better
overall look
2.
Better
safeguarding against leaks and fire
3.
Better
energy-efficient means,
4.
Increased
resistance to fungus and moss
5.
Recyclable
ability
6.
Efficient
in reflecting light and heat.
Market
Overview
The metal roofing
sector has experienced increased interest over the years, with more and more
people becoming interested in it primarily because of the reasons mentioned
above. The market has been steadily growing as a result. By 2030, the metal
roofing industry is assumed to constitute an estimated value of $33.5 billion
at a CAGR of 3.5%.
This market is
segregated based on the type of metal, applicability, and construction method.
1.
Based
on the metal type, the roofing can be categorized into copper, aluminium,
steel, zinc, and tin roofing.
2.
Further,
the industry is divided into renovation and new construction, based on the type
of construction that is taking place.
3.
Last
but not least, metal roofing, shingles, shakes, plain & corrugated panels,
and seams roofing are sub-segmented based on the applicability adhered to.
Market
Drivers
The market is
driven by the robust demand for metal roofing in residential buildings,
installation benefits, and cost-effective metal. More profoundly, the market
witnesses:
1.
Increased
demand for metal roofing in the construction industry due to its aesthetics,
cost-effectiveness, and other features
2.
Increasing
adoption of metal roofing shingles in residential buildings as it is economical
and provides better durability when compared to other tiles
3.
Growing
awareness of homeowners and businesses on the benefits of using metal roofing,
such as better weather resistance, efficiency in keeping the roofs warmer in
winter and cooler in summers, etc.
4.
Increased
adoption of metal roofing in commercial buildings due to a friendly Return on
Investment (ROI).
Global
Market status
1.
Forecasted
market size: $33.5
billion in 2030
2.
Current
market size: $23.8
billion in 2021
3.
CAGR: 3.5% from 2021-2030
Indian
Market Status
1.
Forecasted
market size: 1,546
million by 2026
2.
Current
market size: $986
million in 2020
3.
CAGR: 7.9% from 2022-2027
Other associated
industries also play a crucial role in bringing up this industry.
Majorindustries impacting the metal roofing solutions include:
Metal Panels
Metal panels are
the metal pieces put together to form the base of the roofing. The market size
of the metal panel industry was recorded at $4789.6 million in 2020 and is
supposedly expected to reach $6086.7 million by 2027 at a CAGR of 3.5%.
Underlayment
This material is
made out of asphalt or rubber-based product, which is designed to provide a
buffer between sensitive materials and environmental factors, such as water and
air. The underlayment is placed below the metal panels and is used to install
metal roofing. With a YoY growth rate of 5.4% from 2012 to 2017, the
underlayment market was valued at $2689.8 million in 2017 and is projected to
grow further at a CAGR of 3.2% from 2017 to 2022.
Sealant
Sealants are used
to prevent water leakage and act as a protective layer that holds down the
roof. The market for sealants was valued at $59.6 billion in 2021 and is
expected to reach $74.3 billion by 2026 at a CAGR of 4.5%.
Market
Opportunities
The metal roofing
market is lucrative for operators, but it may not be for the one who does not
have a strong presence in the national and international markets. Having a
sound presence and understanding of the dynamics of the industry is essential
to generating business in this arena.
Besides, the market
for metal roofing is highly competitive and has seen intense rivalry among the
industry players. The market has been witnessing a rise in price for steel
roofing with the growth in demand in developing economies such as India, China
and Brazil.
Deciding on the
right timing to enter this market will be crucial for a new entrant as this is
an emerging market. But with a sound plan and exit strategy, a new entrant may
succeed in generating profits, not to mention the potential growth prospects.
Some other
important factors that a player must consider are:
1.
Cost
of raw materials and margin erosion,
2.
Changes
in product mix, and
3.
Customization.
Curious to know
more about the metal roofing market? Reach out to us.
COST ESTIMATION
Plant Capacity 20 MT/Day
Land & Building (1500 sq.mt) Rs. 90 Lac
Plant & Machinery Rs. 26 Lac
Working Capital for 2 Months Rs. 7.26 Cr
Total Capital Investment Rs. 8.56 Cr
Rate of Return 41%
Break Even Point 39%
INTRODUCTION
TECHNICAL SPECIFICATION
SPECIFICATIONS
PROPERTIES
METAL ROOFING SHEETS ARE BENEFICIAL IN MANY WAYS.
USES AND APPLICATIONS
APPLICATIONS
B.I.S. SPECIFICATION
PROCESS FLOW CHART
MANUFACTURING PROCESS
RAW MATERIALS
QUALITY CONTROL
(1) SURFACE QUALITY
(2) SURFACE TREATMENT (SURFACE PROTECTION)
(A) CHEMICAL PASSIVATION (C)
(B) OILING (O)
(C) CHEMICAL PASSIVATION & OILING (CO)
(3) MECHANICAL TESTING
(A) TENSILE TEST
(B) BEND TEST
(C) COATING TEST
(4) FREEDOM FROM DEFECTS
(5) DIMENSIONS AND TOLERANCES OF PLAIN SHEETS/COILS
(A) SIZES OF PLAIN SHEETS (DIMENSION)
(A) LENGTH
(B) WIDTH
(C) THICKNESS
(D) TOLERANCE ON MASS
(6) DIMENSIONS AND TOLERANCES OF CORRUGATED SHEETS
(A) SIZES OF CORRUGATED SHEETS
(7) MARKING
MARKET POSITION
FEW INDIAN MAJOR PLAYERS ARE AS UNDER
INDIAN GALVANIZED STEEL INDUSTRY
APPLICATIONS OF GALVANIZED STEEL PRODUCTS
SECTOR CONSUMPTION PATTERN
APPLICATIONS OF METAL ROOFS
PROBLEMS WITH METAL ROOFS
LOW ACCEPTANCE
LIMITED COLOUR PALETTE
COST
UNWILLINGNESS TO TAKE ONUS OF QUALITY/SAFETY
OUTLOOK 35
METAL ROOFS AND ITS INSTALLATION
MATERIAL FOR METAL ROOFING
CHOOSE YOUR METAL ROOFING
ADVANTAGES OF A METAL ROOF
INSTALLING A METAL ROOFS
B. PROCESS IN INSTALLING A METAL ROOF
CHALLENGES OF INSTALLING METAL ROOFING
GLOBAL ROOFING MARKET SNAPSHOT
RISING DEMAND FOR ECO-FRIENDLY ROOFING COULD SHAPE
ROOFING MARKET
ASIA PACIFIC LIKELY TO SUSTAIN STRONG POSITION IN GLOBAL
ROOFING MARKET
INDUSTRY INSIGHTS
DETAILED EXPORT DATA OF ROOFING SHEET
PLANT LAYOUT
MANUFACTURERS/SUPPLIERS OF ROOFING SHEET
SUPPLIERS OF RAW MATERIALS
G.I COLOUR SHEET
SUPPLIERS OF PLANT AND MACHINERIES
SUPPLIERS METAL CORRUGATED ROOFING SHEET LINE
EOT CRANE
POWER TRANSFORMER
ELECTRICAL PANEL
ELECTRIC MOTOR
AIR POLLUTION CONTROL EQUIPMENTS
AIR COMPRESSORS
PLATFORM WEIGHING MACHINE
MATERIAL HANDLING EQUIPMENTS
FIRE FIGHTING EQUIPMENTS
JIGS AND FIXTURE
SUBMERSIBLE WATER PUMP
APPENDIX – A:
01. PLANT ECONOMICS
02. LAND & BUILDING
03. PLANT AND MACHINERY
04. OTHER FIXED ASSESTS
05. FIXED CAPITAL
06. RAW MATERIAL
07. SALARY AND WAGES
08. UTILITIES AND OVERHEADS
09. TOTAL WORKING CAPITAL
10. TOTAL CAPITAL INVESTMENT
11. COST OF PRODUCTION
12. TURN OVER/ANNUM
13. BREAK EVEN POINT
14. RESOURCES FOR FINANCE
15. INSTALMENT PAYABLE IN 5 YEARS
16. DEPRECIATION CHART FOR 5 YEARS
17. PROFIT ANALYSIS FOR 5 YEARS
18. PROJECTED BALANCE SHEET FOR (5 YEARS)
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