Roofing Tiles Market to Grow at 6.96% CAGR to 2020 Driven by Green Technology and China

Aug 01, 2016, 04:00 ET from ReportsnReports

PUNE, India, August 1, 2016 /PRNewswire/ --

The global roofing tiles market 2016-2020 research report says a trend boosting market growth is the replacement of traditional roofing materials, which 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.

Complete report on roofing tiles market spread across 56 pages, analyzing 4 major companies and providing 32 data exhibits is now available at http://www.reportsnreports.com/reports/604371-global-roofing-tiles-market-2016-2020.html.

The analysts forecast global roofing tiles market to grow at a CAGR of 6.96% during the period 2016-2020. According to the 2016 roofing tiles market 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.

The advanced attributes such as durability and cost-efficiency will drive its demand in the roofing tiles market. China accounts for the majority share of the demand for roofing tiles owing to its fast-growing construction market. Rapid urbanization and industrialization, rising income levels, an increase in population and household income growth, and the government's continuing efforts to expand and upgrade the physical infrastructure are some of the factors that will boost the demand for roofing tiles in China during the forecast period.

There has been a significant increase in the adoption of green technology in the manufacture of roofing tiles market. Companies are implementing green building and energy-efficient technologies in the foundation, structure, roofs, and windows of buildings to bring about energy efficiency. As roofing comprises a major area of a building, it will result in the adoption of practices like using fly ash in roofing tiles by companies worldwide

The following companies are 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. Order a copy of Global Roofing Tiles Market 2016-2020 report @ http://www.reportsnreports.com/Purchase.aspx?name=604371.

Global Roofing Tiles Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. This 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: Clay and Concrete roof tiles.

Another related report is Global Green Cement Market 2016-2020, a trend that will have a positive impact on market growth is the use of waste as alternative fuels (AF). The use of wastes such as used tires, solid recovered fuels, used oils, animal meal, sewage sludge, foundry sands, fly ashes, and filter cakes as AF in cement kilns helps reduces CO2 emissions during the cement production process. Waste is burnt in an incinerator with energy recovery facilities. The power generated is passed to the national electricity grid system. Browse complete report @ http://www.reportsnreports.com/reports/586237-global-green-cement-market-2016-2020.html.    

Explore other new reports on Manufacturing & Construction Market @ http://www.reportsnreports.com/market-research/manufacturing/.

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