Roof Tile Market: Size, Trend, Share, Opportunity Analysis & Forecast, 2013-2025
Portland, OR -- (SBWIRE) -- 05/16/2018 -- The global 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.
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The ceramics roof tile segment is anticipated to grow at the highest rate during the forecast period. The report provides an overview of the global roof tile market, including the market size, market share analysis, key trends, market dynamics, forecast, Porters five forces analysis, key industry segments, and company profiles. The report includes exhaustive information of the industry for the period of 20172025 to track performance of competitors and make informed business decisions for growth and profitability. The report would benefit the market players, investors, shareholders, and new entrants in the industry by analyzing the market dynamics, finding opportunities, and offering data-backed inferences for tactical and strategic decision making.
The report provides an executive summary of the global roof tile industry to help market players and new entrants understand the overall market scenario. Key findings of our study have been outlined in the report to assist market players determine investment options. The competitive landscape of the industry facilitates industry players to determine the level of competitiveness within the industry and take timely decisions to gain a competitive edge.
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The market landscape of the roof tile market is provided in terms of the growth drivers, restraints, and opportunities, Porters Five Forces analysis, and market share analysis.
The rise and fall of the roof tile market are dependent on the drivers and restraints. Factors such as rapid urbanization, growing construction industry, and increased demand for efficient roof solutions drive the growth of the industry. Furthermore, the significant number of ongoing infrastructure development projects especially in fast growing economies is expected to propel the market growth.
The report offers a detailed segmentation of the global roof tile market based on type, application and region. By type, the market is classified as clay roof tile, concrete roof tile, ceramics roof tile, fiber cement roof tile, and zinc A/L roof tile. The clay roof tile contributed to the 30.06% share of the total roof tile market in 2016; whereas, the ceramics roof tile is expected to grow at highest CAGR of 7.77% during the forecast period. Based on application, the market is segmented into residential, commercial, industrial, and infrastructure. Geographically, the market is analyzed across North America, Europe, Asia-Pacific, South America, Middle East, and Africa.
The report elaborately discusses the key players providing solutions in the global roof tile market. An overview for each player is provided to help market players and investors gain deeper understanding of the competition prevailing in the industry. The financial strength of each player as along with their recent developments, are discussed in the study. The key market players profiled in the report 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.