Roofing Tiles Market by Product (Clay, Concrete, and Other), by Application (Residential and Non-Residential) - Global Opportunity Analysis and Industry Forecast, 2020 – 2030

Market Definition:
The Global Roofing Tiles Market size was valued at USD 5.72 billion in 2019 and is predicted to reach USD 13.31 billion by 2030 with a CAGR of 6.7% from 2020-2030. Roofing Tiles are specially designed to keep out rain specifically timber frame buildings. These are traditionally and locally built with clay, terracotta, ceramic and others materials. These tiles provide additional covering to building to protect it from different weather conditions. These tiles are places over the other and hung with the help of nails in different patterns. This comes in different shapes and sizes and it is also used for decorative purposes and it also provides vintage touch to the roof.
Market Dynamics and Trends
The developing infrastructure and increasing population has increased the demand of green buildings over the period of time. The increase in construction industry coupled with increased demand of advanced materials as compared to conventional materials to provide strength and durability are expected to accelerate the growth of roofing tiles market over the forecast period.
The other factors such as favorable government policies, increase in urbanization, globalization and increase in per capita income is further expected to fuel the growth of market. However, high cost of the roofing tiles and huge demand and supply gap is expected to inhibit the market growth. On the other hand, the increased inclination towards solar panel roof and technological advancement is expected to crate ample opportunities in the near future.
Market Segmentations and Scope of the Study:
The global roofing tiles market share is analyzed on the basis of material type, construction type, end-user and geography. On the basis of material type, the market is segmented into clay, concrete and others. Based on construction type, the market is segmented into new construction, and renovation & replacement), On the basis of enduser, the market is divided into residential and non-residential. Geographic breakdown and analysis of each of the aforementioned segments includes regions comprising North America, Europe, Asia-Pacific, and RoW.
Geographical Analysis
North America denotes a higher adoption of the roofing tiles and is anticipated hold the highest market share during the forecast period. This is attributable to the factors including increased demand of green buildings, technological advancement coupled with increase in construction industry coupled with increased demand of developed infrastructure are expected to propel the market growth.
It is expected that the emerging economies, specifically in the Asia-Pacific region would witness increasing market size with rapid growth rate owing to increase in per capita income, favorable government policies and increased demand of durable and strong materials, increase in urbanization and increase in per capita income is likely to further expand the market.

Competitive Landscape

The roofing tiles market, which is highly competitive and fragmented in nature, consists of a various market players. Some of the major market players Boral Limited, Crown Roof Tiles, Dachziegelwerke, Eagle Roofing, Ecostar LLC, Ludowici Roof Tile, Marley Ltd, MCA Clay Roof Tile, Shital Potteries, and Terreal Malaysia Sdn bhd. among others.
There have been various developments taken place in the recent past and will also takes place in near future which contributes the total market size. For instance, in August 2019, Atlas Roofing is proud to partner with the National Roofing Contractors Association (NRCA), the voice of roofing professionals across the nation and around the world. Not only does the organization bring awareness to issues affecting roofing contractors and rally for change in the industry, it also offers valuable resources to its members.
KEY MARKET SEGMENTS:
• Global Roofing Tiles Market – By Material Type
o Clay
o Ceramic
o Others
• Global Roofing Tiles Market – By Construction Type
o New Construction
o Renovation and Replacement
• Global Roofing Tiles Market – By End-user
o Residential
o Non-Residential
• Global Roofing Tiles market –By Geography
o North America
 U.S.
 Canada
 Mexico
o Europe
 UK
 Germany
 France
 Italy
 Rest of Europe
o Asia-Pacific
 China
 India
 Japan
 Australia
 Rest of Asia-Pacific
o RoW
 Latin America
 Middle East
 Africa
KEY PLAYERS:
• Boral Limited
• Dachziegelwerke Nelskamp GmbH
• MCA Clay Roof Tile
• Crown Roof Tiles
• Eagle Roofing
• EcoStar LLC
• Ludowici Roof Tile
• Marley Ltd
• Shital Potteries
• Terreal Malaysia Sdn bhd