Ceramic
Tiles Market Size and Growth Rate:
According to the research report, the Ceramic Tiles
Market size was valued at USD 90.9 billion in 2016 is anticipated to grow USD
212.6 billion by the end of 2025, with the compounded annual growth of 9.90%
over the forecast period 2017-2025.
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150 Pages of Research Report developed on Ceramic Tiles Market @ https://www.researchcosmos.com/reports/ceramic-tiles-market/87653356
Ceramic
Tiles Market Overview:
Ceramic tiles are made up of sand, natural products and various
minerals and clays such as feldspar, zircon, bentonite, kaolin, and
clay. Raw materials undergo various mechanical operations such as mixing,
drying, and forming to yield the ceramic tile body. It is a key
building material that is used in the construction industry in interior and
exterior floors, footpaths, swimming pools, walls, partitions, and
roofs. They are used in building and construction activities all over the
globe.
Ceramic tiles are stylish, durable, and versatile in nature and
are extensively employed in various concrete structures ranging from
residential houses such as flats, apartments, villas, and bungalows to
commercial complexes such as hospitals, educational institutions, and airports.
The tiles are also used in the construction of industrial concrete
structures such as food processing factories and warehouses. The largest market
share is taken by the floor tiles followed by wall tiles. Their ability
to resist stains, odours, allergens, or bacteria has made them a common option
for bathroom tiles as well. They are thermally efficient and fire-resistant
thus making a good coverall from the scorching heat of the sun.
Ceramic Tiles Market Growth
Drivers and Restraints:
The market for ceramic tile is not just residential but also
commercial, new residential, residential replacement and industrial with the
residential replacement registering highest market share and growth. Increasing
demand of better aesthetics, sustainability and structural reliability without
a significant increase in price is expected to create opportunity in ceramic
tiles market. Low manufacturing cost, increasing disposable incomes, and
rising construction activities around the globe is expected to boost sales
overall substantially.
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Ceramic Tiles Market Geographical
Segmentation:
Geographically, the market is segmented into North America,
Europe, Asia Pacific, Latin America, Middle East and Africa. Asia Pacific dominates
the market owing to its extensive construction and low manufacturing costs with
easier labour availability. China, India and Vietnam are huge markets for
ceramics. Europe follows closely with Spain, Italy and Turkey being the largest
manufacturers.
Key Players of the Ceramic Tiles Market:
Some big manufacturers of ceramic tiles across the world include
Mohawk Industries Inc., Siam Cement Group, Ras Al Khaimah (RAK) Ceramics, Grupo
Lamosa, Kajaria Ceramics, China Ceramics Co. Ltd., LASSELSBERGER GmbH, Panariagroup
Industries Ceramiche S.p.A., Gruppo Concorde S.p.A., Johnson Tiles, and Kale
Group.
Ceramic Tiles Market Segmentation:
By Product:
·
Floor Tiles
·
Walls Tiles
·
Ceiling Tiles
·
Roofing Tiles
By Application:
·
Residential replacement
·
Commercial
·
New residential
·
Industrial
By Region:
·
North America
·
South America
·
Europe
·
Asia Pacific
·
Middle East and Africa
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