Roofing Tiles Market Analysis | Size, Overview, Share & Ranking Analysis, and Strategies Adopted by Leading Players, Application , Forecast
Market Highlights
The Global Roofing Tiles Market analysis
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 Analysis 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.
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
o
Others
- By Application
- Residential
- Commercial
- Infrastructural
o
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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