Detailed Project Report (DPR) on metal roofing sheet

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)