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Wall and floor tiles market to depict appreciable growth prospects over 2019-2025

Author : Rahul Varpe | Published Date : 2019-04-01 

Wall and floor tiles segment will witness a prominent CAGR in global ceramic tiles market from 2018 to 2025. Availability in several colors and abrasion & sunlight resistant makes the product highly desirable in residential constructions. Colour retention in ceramic tiles makes them ideal for walls. Ceramic wall tiles are generally used in kitchens, as these are convenient to clean and enhances the overall look of the kitchen tiles. Rising consumer preference for wall tiles regarding home decoration shall boost Wall and floor tiles demand over the forecast timespan.

Global Ceramic Tiles Market is forecast to exceed USD 185 billion; according to a new research report. Advancing manufacturing technology and experiments of digital prints into ceramic tiles will be largely driving product demand in the coming years. Introduction of digitalization into ceramic tiles production has led to convenience in producing a variety of colors and several combinations for providing aesthetics to floors and walls. Digital manufacturing includes rendering which can vary random designs from tile to tile.

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Ceramic tiles processing emanates harmful gases along with massive amount of carbon dioxide into the atmosphere. This has become a rising concern for environment protection organizations and nations. In terms of carbon dioxide emission, Asia Pacific is likely to reach close to 17,000 tons by 2024 due to the lenient policies in many of its developing nations. Thus, many countries, especially, the U.S. and few European nations have put strict regulations for extraction and processing of kaolin and feldspar (key raw materials of ceramic tiles) for product manufacturing. These regulations will hamper ceramic tiles market growth over the forecast duration.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

  1. Siam Cement Group
  2. Mohawk Industries
  3. Lamosa Grupo
  4. Ras Al Khaimah Ceramics
  5. Kajaria Ceramics
  6. Florida Tile
  7. Crossville
  8. Ceramiche Atlas Concorde S.P.A.
  9. China Ceramics

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Other segment of ceramic tiles market includes countertop tiles, roofing tiles and ceiling tiles. Ceramic tiles usage in shower ceiling is a rising trend, which shall become a full-fledged trend during the forecast timeframe. Product application for roofing aids in prevention of rainwater from entering into house.

The commercial segment in ceramic tiles business includes hospitals, offices, sports complexes and hotels. It is used particularly to enhance the floor and wall aesthetics in these types of constructions. Growing product application in commercial structures, for example, malls is likely to propel global ceramic tiles market in the coming years.

Asia Pacific will be expanding with substantial gains in global ceramic tiles market over the forecast duration. Rising construction activities in China, South Korea, India and Japan are likely to fuel Wall and floor tiles market growth during the forecast timeframe. Drifting consumer preference from metal slabs, marble floors, paints and other home decorations to ceramic tiles will be driving regional ceramic tiles demand over the next few years.

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Many major companies are operating in ceramic tiles business across the globe such as Mohawk Industries, Porcelanosa Grupo, Ras Al Khaimah Ceramics, Ceramiche Atlas Concorde and Grupo Lamosa. The industry has presence of medium sized manufacturing companies which have a wide and loyal customer base. Global companies have a widespread supply chain and mostly market ceramic tiles to commercial applications. Most of the companies functional in this business focus on production facility expansion and improvement to meet quality standards and market tiles demand. For example, Grupo Lamosa in March 2016, announced plans to increase its production capacity by 15% by expanding the existing 22 plants and building a new one in San Jose Iturbide, Guanajuato.

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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About Author

Rahul Varpe

Rahul Varpe

Rahul Varpe currently writes for fractovia. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products online. Apart from being an avid reader, his other hobbies include music and sketching. He can be contacted at- [email protected] | https://twitter.com/varperahul

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