Global Roofing Tiles Market Research Report: Information by Type (Clay, Concrete, Metal and others), Application (Residential, Commercial, Infrastructural, Industrial) and Region (North America, Europe, Asia-Pacific, South America and Middle East & Africa) - Forecast till 2025
Market Synopsis: Global Roofing Tiles Market
The Global Roofing Tiles Market is expected to witness sustainable growth during the forecast period owing to the growth of the construction industry and the rising consumers' awareness of the benefits of clay roof tiles. Roofing tiles are eco-friendly, attractive, strong, and energy-efficient. Thus, homeowners and roofing contractors are inclined toward the installation of such roofing in any structure and building. Also, these are fire-resistant and does not crack or shrink with the effects of humidity, sunlight, or other weather condition. Such benefits make customers use roofing tiles in their buildings.
The Global Roofing Tiles Market was valued at USD 27.4 Billion in 2018 and is expected to witness 4.2% CAGR during the forecast period.
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Key Players
The Prominent Players in the Global Roofing Tiles Market are Brava Roof Tile (US), Crown Roof Tiles (US), and Wienerberger AG, Tesla (US), Red Land Tiles, Atlas Roofing Corporation (US), tex Group (Belgium), Boral Limited (Australia), Ecostar LLC, Eagle Roofing (US)
Segmentation: Global Roofing Tiles Market
The Global Roofing Tiles Industry has been segmented based on type and application. On the basis of type, the global market has been classified as clay, concrete, metal, and others. The clay segment held the largest market share in the global market. Such roofing tiles are an ideal option for homeowners as these tiles are strong, attractive, eco-friendly, and energy-efficient and provide various advantages of installing a roof in any building.
By application, the global market has been segmented as residential, commercial, infrastructural, and industrial. The residential segment held the largest market share in 2018, which is expected to witness the fastest growth rate during the forecast period. The rapid growth of the real estate industry in developing economies such as India and China, have led to considerable growth in the construction of residential properties, which is further expected to add to the growth of the segment.
Asia-Pacific is expected to witness the fastest growth in the global roofing tiles market during the forecast period: MRFR
On the basis of region, the global roofing tiles market is segmented into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. Asia-Pacific accounted for the largest market share, followed by North America, and Europe, which is expected to have the highest growth rate during the forecast period. This can be attributed to the growth of the building & construction industry, mainly in emerging economies such as China and India. The rise in the number of construction projects in the Asia-Pacific region, has further enhanced the market growth.
Furthermore, North America has witnessed sustainable growth in the construction industry, owing to the increased renovation projects in the region. According to the US Census Bureau, the total annual value of construction in the US was USD 1,293,982 million in 2018, USD 747,809 million of which was for non-residential construction. The high growth in the construction industry in North America, drives the growth of the roofing tiles market in North America during the forecast period.
The Global Roofing Tiles Market was valued at USD 27.4 Billion in 2018 and is expected to witness 4.2% CAGR during the forecast period.
The clay segment is set to occupy the largest market share of the global roofing tiles market: MRFR
On the basis of type, the global market has been segmented as clay, concrete, metal, and others. The clay segment accounted for the largest market share in the global market. These flooring tiles are eco-friendly and energy-efficient and provide various advantages during installations.
The residential segment is set to occupy the largest market share of the global roofing tiles market: MRFR
On the basis of application, the global roofing tiles market is segmented as residential, commercial, infrastructural, and industrial. The residential segment is expected to witness the fastest growth rate during the forecast period.
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The global Roofing Tiles Market research report, published by Value Market Research, is designed to offer various market framework such as market size, portion, trends, growth path, value and factors that impact the current market dynamics over the forecast period 2021-2027.
Most importantly, this report also provides the latest significant strategies adopted by major players along with their market share.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the roofing tiles market include Boral Limited, DachziegelwerkeNelskamp GmbH, MCA Clay Roof Tile, Crown Roof Tiles, Eagle Roofing, EcoStar LLC, Ludowici Roof Tile, Marley Ltd., Shital Potteries, Terreal Malaysia Sdn bhd.
This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Roofing Tiles Market Research Report" by requesting FREE Sample Copy athttps://www.valuemarketresearch.com/contact/roofing-tiles-market/download-sampleMarket DynamicsThe expanding housing construction market and an increased focus on energy-efficient buildings will be the main drivers for this market's growth.
The development of solar roof tiles that act as alternatives to solar panels will provide lucrative effort market growth.
The main barriers hampering this market's growth are high costs, installation difficulties, and not fit for all roof types.The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis.
The Roofing Tiles Market was valued at USD 29.87 billion in 2019 and is predicted to reach USD 46.97 billion by 2030 with a CAGR of 4.2% from 2020-2030.Roofing tiles provide additional protection to houses or apartments against adverse weather conditions such as rain, heat, cyclone or storm.
In terms of performance and durability, roofing tiles are better compared to other roofing options.
There are different types of roofing tiles available in the market such as traditional clay tiles, cement tiles, shingles and white clay tiles.Access Full Description of this report at:- https://www.nextmsc.com/report/roofing-tiles-market Top Companies: Boral Limited, Crown Roof Tiles, Dachziegelwerke, Eagle Roofing, Ecostar LLC, Ludowici Roof Tile, Marley Ltd, MCA Clay Roof Tile, Shital Potteries and others.The roofing tiles market share is categorized on the basis of material type, construction type, end user and geography.
On the basis of end user, the market is classified into residential and non-residential.
Geographic segmentation and analysis of each segment includes regions comprising North America, Europe, Asia Pacific and RoW.Request free sample copy of this report at:- https://www.nextmsc.com/roofing-tiles-market/request-sample In terms of geography, Asia Pacific holds the lion share of the roofing tiles market.
However, North America is also expected to witness steady market growth during the forecast period due to the increasing technological innovations, rise in living standards and rapid urbanization.About Next Move Strategy Consulting:Next Move Strategy Consulting is an independent and trusted third-platform market intelligence provider, committed to deliver high quality, market research reports that help multinational companies to triumph over their competitions and increase industry footprint by capturing greater market share.
