Roofing Tiles Market Segmentation:
Product Type Segment Analysis
Clay type segment in the roofing tiles market is estimated to gain a robust revenue share of 42% by 2035, owing to growing health and environmental concerns. Green buildings are environmentally-friendly buildings with various eco-friendly features and initiatives, including energy efficiency and recycling. The green and sustainable buildings are estimated to be about 10% more than the conventional buildings, according to a recently published study. The growing demand for green buildings is driving the demand for clay tiles and roofing tiles.
Application Segment Analysis
The residential segment in roofing tiles market is poised to account for significant share by 2035, led by surge in environmental and sustainable trends. An increased concern for the environment and the growing focus on sustainable living has increased the demand for roofing systems industries that provide energy efficiency, along with reduced environmental impact, and maintain a lower carbon footprint. This has driven the demand for roofing tiles that are designed and produced with green and environmentally friendly practices in the residential housing segment, further driving its growth.
End-users Segment Analysis
The residential segment in roofing tiles market is estimated to hold a noteworthy share due to the rising per-capita income along with the growing wealth of the nation, and this has led to an increased spending power for the residential end-users. Such increased spending power has allowed residential end-users to invest more in upgrading their homes, including providing better roofing and siding options.
Our in-depth analysis of the global market includes the following segments:
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