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.
Portland, OR -- (SBWIRE) -- 06/14/2018 -- These tiles are made from different type of materials such as clay, cement, and ceramics among others, and are either flat shaper or arc shaped. Clay roof tiles are popular in residential and commercial usage.
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Factors, such as visual appeal of the infrastructure, efficient management of the water during rains, and enhanced aesthetics of the building are expected to drive the market growth during the forecast period. However, increase in the number of residential complexes and apartment buildings is anticipated to hamper the market growth; thereby, restricting the market growth in the coming years. Furthermore, increasing adoption of efficient roofs for improved insulation and rising consciousness toward home remodeling could provide profitable opportunities for the clay roof tile manufacturers in the coming years
Based on type, the market is segmented into flat surface, arc surface, and others. By application, the market is divided into residential, commercial, industrial, and infrastructure. Based on region, it is classified into North America, Europe, China, Japan, South East Asia, India, South America, Middle East, and Africa.
Market Dynamics
Drivers
Efficient management of the water during rains
Rapid urbanization and number of ongoing infrastructure development projects
Opportunities
Increasing adoption of efficient roofs for improved insulation
Market Players
The key market players profiled in the report Luoyang Dannuo Gardens & Building Material Co. Ltd, Shanghai Taodu Trading Co. Ltd., Guangxi Wuzhou Geoffering Co. Ltd, Ludowici Roof Tiles, MCA, Marley Eternit, CERAMICA VEREA USA CORP, Braas Monier Building Group, Wienerberger UK, Boral Limited, Terreal Malaysia Sdn, Jewson, Tejas Cobert, Nelskamp, Innova Tile, Dreadnought, Russell Building Products Limited.
MARKET LANDSCAPE
By Type
Flat surface
Arc surface
Others
By Application
Residential
Commercial
Industrial
Infrastructure
By Region
North America
Europe
China
Japan
South East Asia
India
South America
Middle East, and Africa