Press release
Roofing Tiles Market Hits $41.3 billion by 2027 | Product Type, Application, Region, Growth Opportunity
The global roofing tiles market size was valued at $30.4 billion in 2019, and is projected to reach $41.3 billion by 2027, registering a CAGR of 5.2% from 2020 to 2027. Roof tiles are laid on the framework of roof. Roof tiles are preferred in residential construction, owing to its features and properties such as longevity, durability, fire resistance, wind resistance, and others.βΊππ¨π°π§π₯π¨ππ πππ¬πππ«ππ‘ πππ©π¨π«π πππ¦π©π₯π & πππ
https://www.alliedmarketresearch.com/request-sample/7501
Factors such as population growth, rise in urbanization coupled with increase in industrialization in developing countries such as India, China, Brazil, Indonesia, Bangladesh, and Egypt drive the construction activities which is expected to fuel the growth of the global roofing tiles market during the forecast period. On the contrary, economic uncertainty in Eurozone and high installation cost of roofing systems are the major restraints expected to hinder the growth of the market. Moreover, technological advancements in solar roof tiles and roof tile manufacturing process is expected to provide lucrative opportunities in near future.
Based on material type, the concrete segment garnered the largest share in the roofing tiles market in 2019, growing at a CAGR of 5.9% during the forecast period, as these roofing tiles ensure high durability, thermal resistance, cost-effectiveness, and high energy efficiency.
On the basis of construction type, the new construction segment is anticipated to grow rapidly, during the forecast period due to surge in urban population and rise in residential construction projects. For instance, the project "Housing for All by 2022" initiated by Indian government is expected to accelerate the growth of the residential construction sector, which in turn fuels the growth of the market.
Region wise, the roofing tiles market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific was the highest revenue contributor in 2019, and is expected to exhibit the highest CAGR from 2020 to 2027. This is attributed to the fact that emerging economies in the region are witnessing increase in infrastructural development and increase in construction projects. Moreover, rapid economic recovery significantly drives the roofing tiles market growth in this region.
Buy This Research Report @ https://www.alliedmarketresearch.com/checkout-final/63b8247b2b54c1ce0a33d99311c2e450
The key players operating in the global roofing tiles market have adopted product launch as their key developmental strategy to strengthen their foothold in the global market. For instance, in June 2019, Boral Limited based in Australia has announced that it has signed a property development management deed with Mirvac, which is a property investment firm in Australia.
The outbreak of COVID-19 has a negative impact on the manufacturing and production of roofing tiles in the first and second quarter of 2020, and is likely to hamper the market growth throughout the year. This has further affected the demand for roofing tiles from developing countries, including India, Brazil, Vietnam, and Indonesia; thereby, halting the production activities. In addition, the disruption of supply chains is causing hindrance in manufacturing of the roofing tiles around the globe.
The key players profiled in the roofing tiles market report include Boral Limited, Crown Roof Tiles, Dachziegelwerke, Eagle Roofing, Ecostar LLC, Ludowici Roof Tile, Marley Ltd, MCA Clay Roof Tile, Shital Potteries, and Terreal Malaysia Sdn bhd.
Enquiry Before Buying: https://www.alliedmarketresearch.com/purchase-enquiry/7501
Key Findings Of The Study
β’ The report provides an extensive analysis of the current and emerging roofing tiles market trends and dynamics.
β’ Depending on material type, the concrete tiles segment dominated the roofing tiles market, in terms of revenue in 2019 and others is projected to grow
at a significant CAGR during the forecast period.
β’ By end user, the residential segment registered highest revenue in 2019.
β’ Asia-Pacific region is projected to register the highest growth rate in the coming years.
β’ The key players within the roofing tiles market are profiled in this report, and their strategies are analyzed thoroughly, which help understand the
competitive outlook of the roofing tiles industry.
β’ The report provides an extensive analysis of the current trends and emerging opportunities of the market.
β’ In-depth roofing tiles market analysis is conducted by constructing estimations for the key segments between 2020 and 2027.
β‘οΈππ«ππ§ππ’π§π πππ©π¨π«ππ¬
One-Way Valve Market https://www.alliedmarketresearch.com/one-way-valve-market-A11323
Outdoor Flooring Market https://www.alliedmarketresearch.com/outdoor-flooring-market
Cable Drum Market https://www.alliedmarketresearch.com/cable-drum-market
Australian Pressure Safety Valve Market https://www.alliedmarketresearch.com/australian-pressure-safety-valve-market
Temperature Controlled Packaging Solutions Market https://www.alliedmarketresearch.com/temperature-controlled-packaging-solutions-market
Lock Washer Market https://www.alliedmarketresearch.com/lock-washer-market
Nigeria Facility Management Services Market https://www.alliedmarketresearch.com/nigeria-facility-management-services-market-A06327
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
Int'l: +1-503-894-6022
Toll Free: +1-800-792-5285
Fax: +1-800-792-5285
help@alliedmarketresearch.com
About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports Insights" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies, and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Roofing Tiles Market Hits $41.3 billion by 2027 | Product Type, Application, Region, Growth Opportunity here
News-ID: 3818925 • Views: β¦
More Releases from www.alliedmarketresearch.com
Pet Insurance Market Soars: Projected to Hit $38.3 Billion by 2033 as Demand for β¦
According to a new report published by Allied Market Research, titled, "Pet Insurance Market, By Policy Coverage (Accident Only, Accident and Illness, and Others), By Animal Type (Dogs, Cats, and Others), and By Sales Channel (Agency, Broker, and Others): Global Opportunity Analysis and Industry Forecast, 2024-2033". The pet insurance market was valued at $10.10 billion in 2023, and is estimated to reach $38.3 billion by 2033, growing at a CAGRβ¦
Manual Spray Guns Market to Hit $2.6 Billion by 2032 | Key Growth Drivers & Oppo β¦
Prime determinants of growth
The demand for manual spray guns, which are mostly used for painting consumer durables, has increased because of this need, particularly in developing nations like India, China, and Vietnam. Additionally, there is a greater need for manual spray guns from car manufacturers due to the rising demand for automobiles around the world, particularly in industrialized nations like Europe and North America.
Download PDF Sample Report: www.alliedmarketresearch.com/requestβ¦ple/111362
Due toβ¦
Hygienic Cladding Market Poised for Growth: Global Trends & Opportunities 2023-2 β¦
According to the report, the global hygienic cladding market generated $2.8 billion in 2022, and is anticipated to generate $6 billion by 2032, rising at a CAGR of 8.3% from 2023 to 2032.
Prime Determinants of Growth
The increased awareness & demand for health-related products, the increasing need for safe & healthy environments in healthcare facilities, and hygienic wall cladding's affordability & durability than traditional tiling methods are the factors expected toβ¦
AI in Insurance Market Poised to Reach $45.74 Bn Globally by 2031, Soaring at a β¦
Global Opportunity Analysis and Industry Forecast, 2021-2031". According to the report, the global AI in insurance industry generated $2.74 billion in 2021, and is anticipated to generate $45.74 billion by 2031, witnessing a CAGR of 32.5% from 2022 to 2031.
β‘οΈππ¨π°π§π₯π¨ππ πππ¬πππ«ππ‘ πππ©π¨π«π πππ¦π©π₯π & πππ : https://www.alliedmarketresearch.com/request-sample/A11615
Higher deployment cost of AI, advanced machine learning, and lack of skilled labor hamper the market growth. On the contrary, surge in government initiativesβ¦
More Releases for Roof
Fixed-Roof and Floating Roof AST Market to Witness Robust Expansion by 2025
LP INFORMATION recently released a research report on the Fixed-Roof and Floating Roof AST analysis, which studies the Electrical Cord Reels's industry coverage, current market competitive status, and market outlook and forecast by 2025.
Global βFixed-Roof and Floating Roof AST 2020-2025β Research Report categorizes the global Fixed-Roof and Floating Roof AST by key players, product type, applications and regions,etc. The report also covers the latest industryβ¦
Residential Roofing Materials Market Outlook to 2023 | Key Players - Entegra Roo β¦
FEB 2019,USA NEWS - Roofing materials are outer roof coverings that are used as a protective layer or support to shield structures from various natural elements.
Top manufactureres: Entegra Roof Tile,Hanson Roof Tile,Ludowici Roof Tile,Malarkey Roofing,Owens Corning,Sika
Click for Sample Request Of Residential Roofing Materials Market Industrial Report: https://www.researchreportsinc.com/sample-request?id=255061
According to this study, over the next five years the Residential Roofing Materials market will register a xx% CAGR in terms of revenue,β¦
Global Eco-Friendly Green Roofs Market 2025 | Leading Key Players - Onduline, Gr β¦
Researchmoz added Most up-to-date research on "Global Eco-Friendly Green Roofs Market Insights, Forecast to 2025" to its huge collection of research reports.
This report researches the worldwide Eco-Friendly Green Roofs market size (value, capacity, production and consumption) in key regions like North America, Europe, Asia Pacific (China, Japan) and other regions.
This study categorizes the global Eco-Friendly Green Roofs breakdown data by manufacturers, region, type and application, also analyzes the market status,β¦
Clay Roof Tiles Market: One of the oldest roof tiles available in the market
The global clay roof tile market was valued at $5,379.38 million in 2016, and is projected to reach $9,329.55 million by 2025, growing at a CAGR of 6.67% from 2017 to 2025. The commercial application segment is anticipated to grow at the highest rate during the forecast period. The report provides an overview of the global clay roof tile market, including the market size, market share analysis, key trends, marketβ¦
Automotive Roof Bar & Roof Racks Market Augmented Expansion to be Registered by β¦
Automotive Roof Bar & Roof Racks Market: Overview
Automotive roof bars is employed for effective transportation of load while travelling. By placing the luggage on roof bar, the cargo space area inside the vehicle can be utilized more effectively. There are mainly three parts of the automotive roof bar are towers, rail and mounts. The rail is used for supporting the frame of roof bar. On the other hand, the roofβ¦
Automotive Roof Bar & Roof Racks Market to Register Steady Growth During 2017 - β¦
Automotive Roof Bar & Roof Racks Market: Overview
Automotive roof bars is employed for effective transportation of load while travelling. By placing the luggage on roof bar, the cargo space area inside the vehicle can be utilized more effectively. There are mainly three parts of the automotive roof bar are towers, rail and mounts. The rail is used for supporting the frame of roof bar. On the other hand, the roofβ¦