Global Purlins and Side Rails Market 2017-2021

Overview of the global purlins and side rails market

Market research analysts at Technavio predict that the global purlins and side rails market will grow steadily at a CAGR of around 6% by 2021. This market research analysis identifies the increasing adoption of light gauge steel construction as one of the primary growth factors for this market. Manufacturing industries such as power, automobiles, and engineering goods and services that include logistics, warehouses, and infrastructure are the large end users of pre-engineered building (PEB) methods that use cold-formed steel (CFS). This influences the growth of the purlins and side rails market. Modern methods using CFS offer improved quality, design flexibility, the speed of construction, and environmental performance and is also a financially attractive alternative to resource-heavy and slower traditional construction methods. CFS is also known as light gauge steel (LGS) and is used in institutions such as hospitals and schools as the components can be quickly and accurately replaced.

Cold-formed steel purlins and side rail systems are now being replaced by innovative new cross-sections with complex geometries of purlins that make the purlin lighter and stronger. These innovations enable the systems to attain higher capacities without affecting the current industry practices of design detailing and installation. The vendors innovate and redesign the purlins to ensure that they are lightweight and stronger than the competitors systems. Consequently, the products offer considerable improvements to the load capacities across the full range of systems, which include sleeveless double span, sleeved, and heavy end bay systems.

Competitive landscape and key vendors

The purlins and side rails market is highly competitive and fragmented due to the presence of numerous vertically integrated vendors that produce both steel and purlin and other types of steel products. The vendors in this market have a diverse portfolio with some vendors focusing primarily on purlins and side rails whereas some vendors offer purlins and side rails as part of a wide product portfolio. Product pricing, features, and product quality are some of the major factors the vendors usually compete on.

The leading vendors in the market are -

• ArcelorMittal
• Kingspan Group
• Lindab
• Rautaruukki
• Tata BlueScope Steel

The other prominent vendors in the market are Accord Steel Cladding, Adeilad Cladding, Albion Sections, ALFAROOFINGSOLUTIONS, Atlas Ward, Ayrshire Metal Products, BW Industries, Cladco Profiles, DUGGAN STEEL GROUP, Flexospan Steel Buildings, G.B. ENTERPRISES, Groupe Canam, HI-SPAN, Johnson Brothers, Kaustubh Roofing Industries, Kirby Building Systems, M/s Repromachines, M/S. MARDI STRUCTURAL Solutions, MATCON Industrial Services, Millform, Phoenix Metal Form, Quality Metal Roofing, Rhino Steel Cladding, Standard Structures, Steadmans, Steel & Tube, Steel Sections, Stratco (Australia), Thakkarsons Roll Forming, THE APEX GROUP, The Purlin Mill, THOMAS PANELS & PROFILES, Tinman Steels, voestalpine Metsec, and Varco Pruden Buildings.

Segmentation by end user and analysis of the purlins and side rails market

• Commercial
• Manufacturing

The commercial sector will be the major end-user to the purlins and side rails market throughout the forecast period. The stable economic circumstances where the organizations seek suitable work environment for millennials, the high revenue, and the increasing workforce, that results in the growing demand for the construction of commercial buildings, will be major factors fueling market growth in this segment.

Geographical segmentation and analysis of the purlins and side rails market

• Americas
• APAC
• EMEA

In terms of geographic regions, EMEA will be the major revenue contributor to the purlins and side rails market throughout the next four years. Factors such as the increasing demand in downstream manufacturing, social, transport, and telecommunications industries due to the availability of skilled workforce and a strong consumer base will fuel the growth of the market in this region. The rising aging population in Europe that will increase the demand for healthcare infrastructure will also drive the growth of the market in EMEA.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global purlins and side rails market?
• What are the key market trends impacting the growth of the global purlins and side rails   market?
• What are the challenges to market growth?
• Who are the key vendors in the global purlins and side rails market?
• What are the market opportunities and threats faced by the vendors in the global purlins and side rails market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global purlins and side rails market?

Technavio also offers customization on reports based on specific client requirement.

In order to create some specific structures in architecture and construction, a frame is required on which the material can be placed and built. A structural frame where the roof can be mounted is called purlins, and the sides are called side rails. It acts as a support for the load, increases rigidity, and supports the overall weight of the roof and the walls. Technavio’s reports for the heavy industries sector offer a vast collection of research reports covering related areas such as tools and components and unit operations. In order to provide the client with extensive knowledge on the current market space and to make better strategic decisions, Technavio is working on its upcoming report on the global purlins and side rail market, which covers market size, new applications, and demand across geographic regions.

Technavio follows an extensive primary and secondary research methodology to capture market intelligence data on emerging sectors, changing customer demand patterns, and key insights. The upcoming report on the global purlins and side rail market also considers the growth of similar markets such as global prestressed concrete (PC) wire and strand market and global outdoor flowing market, which are expected to grow at a CAGR of 3% and 7%, respectively, for the forecast period of 2017 to 2021. The rise in the popularity of pre-engineered buildings is expected to drive the demand for this market. Purlins and side rails and the frame of the construction unit need to be screwed in together to complete the structure. Due its ease of use and installation, the preference for it seems to be growing.

The upcoming report on the global purlins and side rail market also looks at emerging trends in this sector, architectural developments, key market drivers, and opportunities and challenges faced by this industry. This report also covers the growth of similar markets such as engineering tools and test and measurement sectors.