The global demand for Roofing Tiles Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% during the period of 2022-2028.
Roofing tiles are generally used on building roofs that experience hot weather, exposure to salt air, or infrequent rains dumping massive amounts of water in a short time. Roofing tiles are available in many different shapes, styles, colors, sizes, and made of various materials. A structurally sturdy roof framing is necessary to support the weight of these tiles. Using roofing tiles offers many different benefits like durability, longevity, energy-efficiency, excellent curb appeal, and prevents the growth of algae, fungus, lichens, and moss and reduces household allergens, low maintenance, hurricane-grade wind mitigation, fire safety, and environmental friendliness. A particular type of roof tiles called solar roof tiles is used as an alternative to solar panels.
Market Dynamics
The expanding housing construction market and an increased focus on energy-efficient buildings will be the main drivers for this market's growth. Rapid urbanization and growing investments in home improvement to increase its value will boost market growth. Preference for distinct, attractive, and pleasing aesthetic roofs and added functionality will further propel market growth. The ability to customize the rooftops, mushrooming of green buildings, and low-cost housing solutions will be a market booster. 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. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of roofing tiles.
Market Segmentation
The entire roofing tiles market has been sub-categorized into material type, construction Type and end-user. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Material Type
- Clay Roof Tile
- Concrete Roof Tile
- Others
By Construction Type
- New Construction
- Renovation & Replacement
By End-User
- Residential
- Non-Residential
Regional Analysis
This section covers regional segmentation which accentuates on current and future demand for roofing tiles market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Roofing Tiles Market Share by Region (Representative Graph)
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, Dachziegelwerke Nelskamp 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.
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