Roofing Tiles Market Global Strategies and Insight Driven Transformation 2021 – Boral Limited, Crown Roof Tiles, Dachziegelwerke
The Roof tile market was valued at USD 29.87 billion in 2019 and is expected to reach USD 46.97 billion by 2030 at a CAGR of 4.2% from 2020-2030.
Roof tiles offer extra protection to houses or apartments against adverse weather conditions such as rain, heat, cyclone or storm. They also give a vintage and aesthetic charm to the apartments. In terms of performance and durability, roof tiles are better compared to other roofing options. These titles are built with raw materials such as terracotta, slate, concrete, metal and plastics. There are several types of roof tiles available in the market, such as traditional clay tiles, cement tiles, shingles and white clay tiles.
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Top companies: Boral Limited, Crown Roof Tiles, Dachziegelwerke, Eagle Roofing, Ecostar LLC, Ludowici Roof Tile, Marley Ltd, MCA Clay Roof Tile, Shital Potteries and others.
The market share of roof tiles is categorized based on material type, construction type, end user and geography. Based on the material type, the market is segmented into clay tile, concrete tile, and others. Based on construction, the market is divided into new construction and renovation & replacement. The market is divided into residential and non-residential buildings on the basis of end-users. Geographic segmentation and analysis of each segment includes regions that include North America, Europe, Asia-Pacific and RoW.
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Geographically, Asia-Pacific has the lion’s share of the roof tile market. This is attributed to factors such as growing residential and commercial construction, government initiatives to provide affordable housing and improved economic conditions in the region. However, North America is also expected to witness steady market growth over the forecast period due to increasing technological innovations, rising living standards and rapid urbanization.
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