Roof Tile Market: Market Outlook, Market Overview 2013-2025

Roof tiles provide efficient roofing solutions for residential as well as commercial infrastructure. Further, they also enhance the visual aesthetics of building design through varying tiles colors, designs, and their placement over the roof. The Roof Tile Market was valued at $17,897.46 million in 2016, and is projected to reach $32.943.34 million by 2025, growing at a CAGR of 7.19% from 2017 to 2025.

Increase in consciousness towards home remodeling and creative building designs and growing need for efficient insulation of buildings drive the market. Roof tile is an ideal choice for consumers, owing to their efficient insulation capabilities and enhanced visual appeal. Furthermore, roof tiles facilitate rain water harvesting with minimal changes in the building infrastructure. Thus, factors such as rise in construction industry and rapid urbanization especially in fast emerging economies are expected to drive the market growth. However, growing popularity of residential buildings and complexities of terrace roofs are expected to hinder the market growth during the forecast period.

Based on type, the market is segmented into clay roof tile, cement roof tile, ceramics roof tile, fiber cement roof tile, and zinc A/L roof tile. By application, the market is divided into residential, commercial, industrial, and infrastructure. Based on region, it is classified into North America, Europe, Asia-Pacific, South America, and Middle East & Africa.

Market Dynamics

Drivers

Rise of construction industry
Rapid urbanization and number of ongoing infrastructure development projects

Restraints
Growing popularity of residential apartments and buildings

Market Players

The top players in the global logistics robot market include Butterfly Ceramics, Fujian South Highway Machinery Co., Ltd., Golden Clay Industries Sdn. Bhd. (GCI), Hume Roofing Products Sdn Bhd. Kia Lim Berhad, Lama, Patra Refractory Company Limited, Supercool Creative Culture Sdn Bhd, Terreal, Thai Ceramic Roof Tile Co. Ltd., The Siam Cement Public Company Limited, and TPI Polene Public Company Limited.

MARKET LANDSCAPE

By Type
Clay Roof Tile
Cement Roof Tile
Ceramics Roof Tile
Fiber Cement Roof Tile
Zinc A/L Roof Tile

By Application
Residential
Commercial
Industrial
Infrastructure

By Region
North America
Europe
Asia-Pacific
South America
Middle East and Africa

The company makes use of primary corporate research and secondary inputs from trusted sources to build its own reference base. It maintains consistency in quality as it keeps itself updated with changes in market dynamics and gauging its net effect on global business trends.

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This release was published on openPR.