Clay Roof Tiles Market is projected to reach $9,32
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PUNE, India, May 16, 2018 (GLOBE NEWSWIRE) -- 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. The commercial application segment is anticipated to grow at the highest rate during the forecast period. The report provides an overview of the global clay 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 2017-2025 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.
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The report provides an executive summary of the global clay 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.
The market landscape of the clay 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 clay roof tile market are dependent on the drivers and restraints. 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. 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
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The report offers a detailed segmentation of the global clay roof tile market based on type, application and region. By type, the market is classified as flat surface, arc surface, and others. The flat surface clay roof tile contributed to the 42.49% share of the total clay roof tile market in 2016; whereas, the other roof tile is expected to grow at highest CAGR of 7.86% 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, China, Japan, South East Asia, India, South America, Middle East, and Africa.
The report elaborately discusses the key players providing solutions in the global clay 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 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.
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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
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