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Roofing Tiles Market – Latest Trends 2021: Global Industry Size and Challenges, Business Growth Insights, Competitive Landscape and Regional Forecast to 2024

Roofing Tiles

This “Roofing Tiles Market” report provides a thorough analysis of estimating market size and current trends of industry. The report evaluates the important characteristics of the market development status, upcoming opportunities, and growth rate. The research study diminishes the risks involved in making decisions as well as strategies for companies and individuals interested in the industry. The report includes details of emerging trends, growth history, sales channel, manufacturers profiled in business, market share of product, application and regional scope of industry.

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Market Overview:

  • The market for roofing tiles is expected to grow at a CAGR of around 6.7% during the forecast period of 2019 – 2024. Major factors driving the market studied are increasing demand from the construction sector in Asia-Pacific, and growing favourable government policies for green buildings. On the flipside, the high cost of raw materials is expected to hinder the growth of the studied market.
  • – Concrete roofing tiles segment dominated the market in 2018 and is expected to grow during the forecast period with robust growth of construction activities across the globe.
  • – Development of solar roof tiles is likely to provide opportunities for the studied market during the forecast period.
  • – Asia-Pacific region dominated the roofing tiles market across the globe with robust growth in construction activities in countries such as India, China, Philippines, and Indonesia. <

    Roofing Tiles Market Covers Manufacturers:

  • Atlas Roofing Corporation
  • Boral Limited
  • Brava Roof Tile
  • Crown Roof Tiles
  • Eagle Roofing
  • Ecostar LLC
  • Entegra Roof Tile
  • Etex
  • Hongbo Roof Tiles
  • IKO Industries Ltd
  • Ludowici Roof Tiles
  • Marley Eternit Limited
  • Mca Clay Roof Tile
  • Monier (BMI Group)
  • Red Land Tiles
  • Ross Roof Group
  • Shandong Fangxing Roofing
  • Standard Industries Inc.
  • Trevis Perkins
  • Wienerberger AG

    Scope of the Report:

    This report studies the global Roofing Tiles market size, industry status and forecast, competition landscape and growth opportunity.

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    Some of the Key Questions Answered in this Report:

    • Detailed Overview of Roofing Tiles Market will help deliver clients and businesses making strategies.
    • Influencing growth factors that are thriving demand and latest trends running in the market.
    • Roofing Tiles Market forecast for global market split into segments like region, product, applications, end-user, technology, etc.
    • What trends, challenges and barriers will impact the development and sizing of the Global Roofing Tiles Market?
    • SWOT Analysis of each defined key player along with its profile and Porter’s five forces analysis to complement the same.
    • What is the Roofing Tiles Market growth momentum or market carries during the forecast period?
    • Which region may tap the highest market share in the coming era?
    • Which application/end-user category or Product Type may seek incremental growth prospects?
    • What focused approach and constraints are holding the Roofing Tiles Market demand?

    Key Market Trends:

    Residential Construction to Witness Noticeable Growth

    – The increasing middle-class population, coupled with their increasing disposable income, has facilitated the expansion in the middle-class housing segment, thereby, increasing the use of roofing tiles, during the forecast period.
    – The usage of roofing tiles for residential applications can reduce the overall heat transfer into the attic space by almost 70%, as compared to an asphalt shingle roof. Roofing tiles are available for various types of residences, including single family homes, townhomes, condominiums, and apartment buildings. The installation of roofing tiles in residential applications is one of the most cost-effective choices, due to their long lifespan
    – Despite the higher demand, there is still a significant undersupply to meet demand of housing, globally, presenting a major opportunity for investors and developers to embrace alternative methods of construction and new partnerships, to bring forward development. Working in full compliance with all relevant building standards and regulations, the companies servicing roofing tiles are providing robust housing models to the consumers.
    – The highest growth is expected to be registered in the Asia-Pacific region, due to the expanding housing construction market in China and India. The Asia-Pacific has the largest low-cost housing construction segment, which is led by China, India, and various Southeast Asian countries. In India, the government initiated project ‘Housing for All by 2022’, which is expected to immensely drive the residential construction segment in the country.
    – In South America, Brazil is suffering a volatile economy, which has reduced activities in the residential construction industry. However, the Brazilian house builder, MRV, has predicted a growth, despite recession.
    – All the aforementioned factors, in turn, expected to increase the market for roofing tiles during the forecast period.

    Asia-Pacific Region to Dominate the Market

    – Asia-Pacific region dominated the global roofing tiles market in 2018. With growing investments into the residential and commercial construction in the countries, such as India, China, Philippines, Vietnam, and Indonesia, the market for roofing tiles is expected to increase in the coming years.
    – China currently has numerous airport construction projects, which are either in development or planning stage. These include – Beijing Capital International Airport, Chengdu Shuangliu International Airport, Guangzhou Baiyun International Airport, etc. Besides, the government rolled out massive construction plans for the movement of 250 million people to its new megacities over the next ten years.
    – In India, the government’s investment target of USD 120.5 billion for developing 27 industrial clusters is expected to boost commercial construction in the country.
    – In Indonesia, the government planned to invest in construction sector about USD 450 billion by 2021, which is expected to drive the residential construction in the country.
    – Hence, all such investments and planned projects in various countries are driving the construction activities in the region.

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    Target Audience of Roofing Tiles Market:

    • Manufacturer / Potential Investors
    • Traders, Distributors, Wholesalers, Retailers, Importers and Exporters.
    • Association and government bodies.

    Key Reasons to Roofing Tiles Market Report:

    • Analysing various perspectives of the Roofing Tiles market with the help of Porter’s five forces analysis
    • The End User that is expected to dominate the Roofing Tiles market is analyzed in detail
    • The regions which are expected to witness fastest growth during the forecast period are analyzed and estimated for growth of Roofing Tiles market.
    • Identify the latest developments, market shares and strategies employed by the major market players.
    • Regional analysis of Roofing Tiles market studied, during the forecast period
    • The segments that are expected to dominate the Roofing Tiles market studied.

    Detailed TOC of Roofing Tiles Market Report 2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Drivers
    4.1.1 Increasing Demand from Construction Sector in Asia-Pacific
    4.1.2 Growing Favourable Government Policies for Green Buildings
    4.2 Restraints
    4.2.1 High Cost of Raw Materials
    4.3 Industry Value-Chain Analysis
    4.4 Porters 5 Force Analysis
    4.4.1 Bargaining Power of Suppliers
    4.4.2 Bargaining Power of Consumers
    4.4.3 Threat of New Entrants
    4.4.4 Threat of Substitute Products and Services
    4.4.5 Degree of Competition
    4.5 Regulatory Policies

    5 MARKET SEGMENTATION
    5.1 Type
    5.1.1 Clay
    5.1.2 Concrete
    5.1.3 Others
    5.2 End-user Industry
    5.2.1 Residential
    5.2.2 Non-residential
    5.2.2.1 Commercial
    5.2.2.2 Infrastructure
    5.2.2.3 Industrial
    5.3 Geography
    5.3.1 Asia-Pacific
    5.3.1.1 China
    5.3.1.2 India
    5.3.1.3 Japan
    5.3.1.4 South Korea
    5.3.1.5 ASEAN Countries
    5.3.1.6 Rest of Asia-Pacific
    5.3.2 North America
    5.3.2.1 United States
    5.3.2.2 Canada
    5.3.2.3 Mexico
    5.3.3 Europe
    5.3.3.1 Germany
    5.3.3.2 United Kingdom
    5.3.3.3 Italy
    5.3.3.4 France
    5.3.3.5 Spain
    5.3.3.6 Rest of Europe
    5.3.4 South America
    5.3.4.1 Brazil
    5.3.4.2 Argentina
    5.3.4.3 Rest of South America
    5.3.5 Middle East & Africa
    5.3.5.1 Saudi Arabia
    5.3.5.2 South Africa
    5.3.5.3 Rest of Middle East & Africa

    6 COMPETITIVE LANDSCAPE
    6.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
    6.2 Market Share Analysis**
    6.3 Strategies Adopted by Leading Players
    6.4 Company Profiles
    6.4.1 Atlas Roofing Corporation
    6.4.2 Boral Limited
    6.4.3 Brava Roof Tile
    6.4.4 Crown Roof Tiles
    6.4.5 Eagle Roofing
    6.4.6 Ecostar LLC
    6.4.7 Entegra Roof Tile
    6.4.8 Etex
    6.4.9 Hongbo Roof Tiles
    6.4.10 IKO Industries Ltd
    6.4.11 Ludowici Roof Tiles
    6.4.12 Marley Eternit Limited
    6.4.13 Mca Clay Roof Tile
    6.4.14 Monier (BMI Group)
    6.4.15 Red Land Tiles
    6.4.16 Ross Roof Group
    6.4.17 Shandong Fangxing Roofing
    6.4.18 Standard Industries Inc.
    6.4.19 Trevis Perkins
    6.4.20 Wienerberger AG

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS
    7.1 Development of Solar Roof Tiles

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