Ceramic tiles have a hard surface and do not attract dust, dirt, pollen, and other allergens. These are available in small sizes, and are handy, easy to use, skid & scratch resistant, and highly durable. They are applicable in floorings of shopping malls; milk booths; schools; public conveniences; medical centers for hygiene purpose; and bathrooms, kitchens, and other exterior uses in residential construction. The global ceramic tiles market was valued at $84,123 million in 2015, and is expected to reach $145,949 million by 2022, registering a CAGR of 8.1% from 2016 to 20122.
One of the major factors that drives the demand for ceramic tiles is growth in the construction sector in developing countries. Ceramic tiles are expected to replace traditional products, including mosaic and even granite or marble, owing to their added advantages such as versatility, hygiene, low price, and ease in laying ability. Stringent regulations pertaining to reducing carbon emissions emitted during production of ceramic tiles is expected to hamper the growth of this market. However, R&D to introduce new production processes is anticipated to provide new opportunities for market players.
The report segments the global ceramic tiles market based on product type, raw material, application, and geography. Product type is classified into wall tile, floor tile, vitrified tile, and industrial tile. The raw material segment is divided into feldspar, kaolin, bentonite, and silica sand. The application segment includes residential replacement, new residential commercial, and others. By geography, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific is expected to dominate the global ceramic tiles market by 2022.
Prominent players in this market have strategically focused on product launches as their key strategy to gain significant share.
The key players profiled in the report are as follows:
KEY BENEFITS FOR STAKEHOLDERS
KEY MARKET SEGMENTS
By Product Type
By Raw Material
*Other players in the value chain include
*Profiles of these players are not included in the report, but can be included on request.
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