Roofing Tiles Market Size | Share & Ranking Analysis, and Strategies Adopted by Leading Players, Application , Forecast
Market Highlights
The Global Roofing Tiles Market size 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.
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 size 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 Size 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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Scope of the Report
This study provides an overview of the global roofing tiles market,
tracking two market segments across five geographic regions. The report studies
key players, providing a five-year annual trend analysis that highlights market
size, volume, and share for North America, Europe, Asia-Pacific, Middle East
& Africa and South America. The report also provides a forecast, focusing
on the market opportunities for the next five years for each region. The scope
of the study segments the global roofing tiles market by type, application, and
region.
- By Type
- Clay
- Concrete
- Metal
- Others
- By Application
- Residential
- Commercial
- Infrastructural
- Industrial
- By Region
- North
America
- Asia-Pacific
- Europe
- Middle East
& Africa
- South America
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)
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