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Roofing Tiles Market Report
The Roofing Tiles Market is Segmented by Type (Clay, Concrete, and Others), by Application Type (Residential, Non-Residential), and by Region (North America, Europe, Asia-Pacific, The Middle East & Africa, and Latin America)
Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues has gone down in 2020 and may resume an uptrend gradually form 2021. Companies optimizing their operation and statergy will sustain and beat the competition.
Note: The summary below might not have included insights on covid impact since we have large number of reports.
Roofing Tiles Market is likely to witness an impressive CAGR of 6.1% during the forecast period. Growing population coupled with increasing disposable income and economic growth around the globe is likely to facilitate the growth in demand for middle class housings and subsequently, the demand for roofing tiles during the forecast period.
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Roofing Tiles Market - Snapshot |
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Growth |
6.1% for the next five years |
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Largest Type |
Concrete |
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Largest Application Type |
Residential |
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Region with the Highest Growth |
Asia Pacific |
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Key Players |
Tesla Inc., IKO, Etex, Standard Industries Inc., Trevis Perkins, Boral Roofing, BMI Group, and Wienerberger AG. |
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Based on the type, the roofing tiles market is segmented as clay, concrete, and others. Concrete roofing tyles are expected to remain the largest segment during the forecast period owing to increased construction activities around the globe.
Based on the application type, the market is segmented as residential and non-residential. Residential is the dominant segment of the market. Roofing tiles are widely used in construction of residential homes. Increasing global population and economic activities have resulted into an increase in demand for residential construction activities and hence roofing tiles.
In terms of regions, Asia Pacific is expected to be the largest market for roofing tiles during the forecast period. The region consists of 50% of the world population and hence, major share of the construction activities around the globe. These constructions generate huge demand for roofing tiles in the region. China and India are the key growth engines of the region offering substantial growth opportunities during the forecast period.
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Some of the major players in the market are-
Roofing tiles are applied on the roof to prevent leakage during rain. Roofing tiles are made up of locally available materials such as slate and terracotta, and modern materials such as polymers and concrete.
This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
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Roofing Tiles Market Research Report - Features |
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Market Segmentation |
3 |
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Regions Covered |
4 |
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Countries/Sub-Regions Covered |
24 |
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No. of Figures & Tables |
>150 |
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Company Profiles |
8 |
The roofing tiles market is segmented into the following categories.
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This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Market Segmentation
Competitive Benchmarking
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected].
The roofing tiles market is expected to witness an impressive growth of 6.1% CAGR in the foreseeable future.
Tesla Inc., IKO, Etex, Standard Industries Inc., Trevis Perkins, Boral Roofing, BMI Group, and Wienerberger AG are among the key players in the roofing tiles market.
Asia-Pacific is expected to be the largest roofing tiles market during the next five years.
Residential segment is expected to remain dominant in the roofing tiles market in the coming years.
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