Global Roofing Tiles Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Roofing Tiles Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Market Overview:

The latest research study on the global Roofing Tiles market finds that the global Roofing Tiles market reached a value of USD 16377.57 million in 2022. It’s expected that the market will achieve USD 22189.76 million by 2028, exhibiting a CAGR of 5.19% during the forecast period.

Drivers

With the continuous development of the economy, people's pursuit of quality of life is constantly improving. The increase in the middleclass population and the increase in disposable income have contributed to the expansion of the middle-class housing market, which has increased the use of roofing tiles during the forecast period.
The use of roofing tiles in residential applications can reduce the total heat transfer into the attic space by nearly 70%. Roofing tiles can be used in all types of homes, including single-family homes, townhouses, apartments and apartment buildings. Due to its long service life, installing roofing tiles in residential applications is one of the most cost-effective options.
With the growth of investment in residential and commercial buildings in countries such as India, China, the Philippines, Vietnam and Indonesia, the roof tile market in the Asia Pacific region is expected to grow.
Currently, many airport construction projects in China are under development or planning. In addition, the government has developed a large-scale construction plan to transfer 250 million people to new big cities in the next 10 years. In India, the government launched the “Total Housing by 2022” project, which is expected to greatly advance the country's residential construction sector. The Indonesian government plans to invest about US$450 billion in the construction industry by 2021, which is expected to boost housing construction in the country.

Region Overview:

From 2023-2028, Europe is estimated to witness robust growth prospects.

Company Overview:

The top three companies are Standard Industries, Etex, Wienerberger with the revenue market share of 6.15%, 4.87% and 4.31% in 2018.

Standard Industries is a global industrial company with interests in building materials, including the world’s largest roofing and waterproofing manufacturer, aggregates, and related investment businesses in public equities and real estate.

Etex is Europe’s second-largest manufacturer and seller of pitched roofing, and has one of the broadest portfolios of roofing and associated solutions.

Segmentation Overview:

Among different product types, Clay Tile segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Residential segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Roofing Tiles market covered in Chapter 3:

Terreal
Boral Limited
Dachziegelwerke Nelskamp
Etex
Ladrillera Santafé
Standard Industries
Eagle Roofing
Luoyang Dannuo Gardens & Building Material
S.Anselmo
Siam Cement Group
Wienerberger
Dreadnought Tiles

In Chapter 4 and Chapter 14.2, on the basis of types, the Roofing Tiles market from 2018 to 2029 is primarily split into:

Concrete Tile
Clay Tile
Terracotta Tile
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Roofing Tiles market from 2018 to 2029 covers:

Residential
Commercial
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)