Axiom MRC has updated all it's market research reports with the Economic Impact Analysis of COVID19 Pandemic on the market. Our team of analyst are following Comprehensive Three Dimensional (3D) Research Methodology along with large number primary interviews with key industry participants to bring insightful market reports to meet the current market requirements.
A roof tiles is a made from natural products primarily to protect house. Roof Tiles are made from the material such as clay, concrete, slate. The requirement of terrace is do drain water from rains and provide protection from weather for this purpose roofing tiles used as it is cheap and durable option. It provide tough clean and polished surface and it is used as flooring. Roof tiles help roof to survive from harsh weather condition. Some Roofing tile are waterproof they keep house out from rain. Title are hung from the framework of a roof and generally it is fixed with nails and these tiles are usually fixed in parallel rows, overlapping the row below it. Roofing tiles cost of installation is high and it also required of skilled labor, which need high wages. This factor hinder the growth of roofing market.
The increasing investment in the construction industry from countries such as India, China are driving growth in the roofing market. Rise in price of steel customer shift toward alternative of steel is roofing tiles are factors increase the growth of market. Rise in residential construction and renovation of building increased help to drive the market. Increase urbanization, population growth and increased demand for green building are key factor to boost the growth of the market. Government launching different housing policies like Pradhan Mantri Awas Yojana these policies provide affordable housing to urban poor. Due to such policies real estate industry turn to boost the growth of roofing tiles market.
Covid19, drastically affects the world supply chain and industrial sector growth. At the initial stages of the pandemic, the world experienced, ‘supply shocks’. The market is hampered by the pandemic as lockdown, social distance have massive disruption on supply chain. Government of various countries have stopped construction activities due to the pandemic, which impacted on the use of roofing products. Due to shutdown many industries temporarily stop operations this affected the production and demand of the firm. Industries also facing decrease in labor participation rate due to social distancing regulation by government this impacted on the growth of roofing tiles market. The construction industry in facing problem of unavailability of labor and revenue losses this hinder the growth of roofing tiles market.
The report analyses the Asia Pacific roofing tiles market based on material type, end-use, construction type and geography. Clay, concrete etc. are the major materials of roof tiles studied in the report. Concrete roof tiles are likely to dominate the market. New-construction, renovation are the major construction types. New construction segment is hold largest share in the roofing tile market. Major end users of Asia Pacific roofing tiles include, residential, commercial and industrial. The Asia Pacific Roofing Tiles Market is studied across the Asia Pacific region include some country such as China, Japan India and Rest of the Asia Pacific.
Clay, concrete etc. are the major materials of roof tiles studied in the report. Concrete roof tiles are likely to dominate the market. However, clay roof tiles are most durable roofing materials owing to long life span and installation and maintenance costs are lower than other roofing materials. Roof made from the clay tiles are best for the house for protecting it from weather and wet conditions and their color does not fade over time. Red clay tiles are natural are have been using since olden times. These are heat resistance and its toughness create demand for clay tiles. These tiles give natural look to building and antique look and style to the house.
New-construction, renovation are the major construction types. New construction segment is hold largest share in the roofing tile market. New construction activities in Asia Pacific region for building as well as infrastructure are drive growth in the market. Increasing investment in smart cities development by the Government will continue to drive the market.
Major end users of Asia Pacific roofing tiles include, residential, commercial and industrial. Residential segment hold largest share in the roofing tiles market. The use of roofing tiles in residential is one of the most cost-effective and due to their long lifespan increased demand for tiles in residential. The increasing middle-class population with increase in their income, are key factor to expand residential segment. This factor increase the usages of roofing tiles market in the Asia Pacif. Air freely circulate beneath tiles it regulate temperature It help to maintain temperature inside the house. Roofing type are available for various types of residences, including single family homes, townhouse and apartment building.
The ASIA PACIFIC Roofing Tiles Market is studied across the Asia Pacific region include some country such as China, Japan India and Rest of the World. Asia Pacific region is highest contributing to the roofing tiles market. Due to the expanding housing and construction in the market in the India and China boost the growth of roofing tile market. In the India government taking initiative to housing project factor to growth roofing tile market in India. Largest low-cost housing segment is the key factor to drive growth in India, china and Southeast Asian Countries.
Some of the major player operating in the market include, Atlas Roofing Corporation, Boral Limited, Ecostar LLC, Etex, IKO Industries Ltd, Eagle Roofing, Hongbo Roof Tiles, Mca Clay Roof Tile, Red Land Tiles, Brava Roof Tile, Monier (BMI Group), Entegra Roof Tile, Ross Roof Group, Trevis Perkins, Wienerberger AG, Ludowici Roof Tiles, Standard.
The report analyses the Asia Pacific roofing tiles market based on material type, end-use, construction type and geography. Clay, concrete etc. are the major materials of roof tiles studied in the report. Concrete roof tiles are likely to dominate the market. New-construction, renovation are the major construction types. New construction segment is hold largest share in the roofing tile market. Major end users of Asia Pacific roofing tiles include, residential, commercial and industrial. The Asia Pacific Roofing Tiles Market is studied across the Asia Pacific region include some country such as China, Japan India and Rest of the Asia Pacific.
Some of the major player operating in the market include, Atlas Roofing Corporation, Boral Limited, Ecostar LLC, Etex, IKO Industries Ltd, Eagle Roofing, Hongbo Roof Tiles, Mca Clay Roof Tile, Red Land Tiles, Brava Roof Tile, Monier (BMI Group), Entegra Roof Tile, Ross Roof Group, Trevis Perkins, Wienerberger AG, Ludowici Roof Tiles, Standard.
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