About the Roofing Tiles Market
A roofing tile provides protection to the structure below from heat and rain. Modern day roofing tiles are available in a variety of shapes and sizes to provide an aesthetic appeal to the overall building. These tiles can be fixed onto the roof through either nails or even cement at select points of the tile.
Technavio’s analysts forecast the global thoracic surgery market to grow at a CAGR of 6.96% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global roofing tiles market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of roofing tiles globally. The report classifies roofing tiles into two major categories:
Technavio Announces the Publication of its Research Report – Global Roofing Tiles Market 2016-2020
Technavio recognizes the following companies as the key players in the global roofing tiles market: Braas Monier Building Group, Etex, IMO, and Wienerberger.
Other Prominent Vendors in the market are: Boral Roofing, Crown Roof Tiles, Eagle Roofing, Ludowici, and Trevis Perkins.
Commenting on the report, an analyst from Technavio’s team said: “A trend helping to boost market growth is the replacement of traditional roofing materials. This has led to an increase in replacement of conventional roofing materials with modern materials such as asbestos as these materials offer the desired traditional design, durability, strength, and protection. The use of these materials also spares the construction companies with the inconvenience caused while using conventional materials. For instance, stone-coated steel roofing tiles are becoming popular as they keep the traditional design in place and are light and require less reinforcement.”
According to the report, a key growth driver is the increased construction in the residential sector. The increasing sales of homes and construction of new buildings in developing countries such as China, South Korea, India, and countries in the Middle East, coupled with the increasing construction of skyscrapers worldwide, will impact the roofing tiles market globally.
Further, the report states that a challenge that could hamper market growth is the difficulty in re-roofing. Roofing tiles are fragile in nature and are prone to breakage. Therefore, they need to be handled with extra care. Concrete roofing tiles are heavier compared to other types of roofing material, which adds additional load on the structure. It increases the overall cost of the building as the reinforcement required to improve the strength and load bearing capacity increases. Furthermore, they are not preferred for re-roofing of structures, due to the possibility of structural failure especially in the case of concrete roofing tiles.
Technavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit- http://www.technavio.com/industries/construction
Braas Monier Building Group, Etex, IMO, Wienerberger, Boral Roofing, Crown Roof Tiles, Eagle Roofing, Ludowici, Trevis Perkins.
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