Poised to grow
With the rise in demand, roofing players are focusing to cater the need of individual clients, offering customized and architectural solutions
The makeover of roofing sector in India has brought in deluge of opportunities. The Indian market has experienced a major shift from asbestos and galvanized steel sheets to Zn-Al coated sheets. The change has brought positive impact on the roofing sector not just in terms of volumes but also in terms of innovation and technology.
Roofing sector has a huge market potential and the total market size for steel roofing industry is above one million ton. The factors that can be attributed to the growth are aesthetics, quick installation, durability, and thermal efficiency. Moreover, the rising awareness for sustainable development has encouraged corporates to look out for eco-friendly solutions. With the rise in demand, roofing players are focusing to cater the need of individual clients, offering customized and architectural solutions.The organized players like Tata BlueScope, Jindal Aluminium, Hindalco Everlast have been working closely with architects and customers, providing customized products and services with quality assurance.The dull bare sheets have slowly been replacing by colour coated sheets with the appeal of better aesthetics and prestige value. Customers are now looking for quality products which shouldn’t be only functional but having great appealing features.
Infrastructure development is one of the primary growth engines for the economy and has been identified as a top priority by the current government. The construction of new airports, metro, railway, retail outlets, warehouses, affordable houses and other public spaces are coming up at large scale, fostering the market size and potential of the roofing sector. However, the timely execution of large-scale projects will be crucial to reviving interest and investment in this area. If the proposed infrastructure plans materialize, the impact on roofing and cladding sector sales will be significant and positive.
Every opportunity comes with a challenge. The roofing and cladding industry is not an exception, and there are grave challenges to tackle. And the challenges are not from one dimension; the industry is grappling with the issues like, regulations and standards, unskilled labours, unorganized players selling low-quality products at cheap prices etc. Installing a metal roof and the concrete roof is like two opposite poles. One is traditional and old, yet simple, but the other one is more scientific and advanced. While designing any metal roof one should understand the laws of thermal expansion as the metal expands and contracts due to the change in temperature. The construction of warehouses requires extra care to avoid leaks. The facilities or warehouses in monsoon-prone states are much affected due to the use of poor quality products and wrong installations. Moreover, there is a lack of proper regulation and standards for roofing structures in India. In the absence of the Indian standards for the design of roofing the organized roofing contractors are forced to follow American standards. It totally makes no sense to follow the American standard when the climatic condition of the two different countries is not alike.