Title: Ceramic Tiles Market by Type, Raw Material and Application Analysis
1Ceramic Tiles Market
Opportunities and Forecasts, 2014- 2022
2- Ceramic Tiles Market was valued at 84,123
million in 2015, and is projected to reach
145,949 million by 2022, growing at a CAGR of
8.1 from 2016 to 2022. - Ceramic tile is one of the most prevalent
flooring choices used in building construction
industry globally. - The global ceramic tiles market is driven by
growth in construction sector worldwide. - In addition, increase in use of ceramic tiles as
a substitute to other products in residential
applications, such as marble, paints, and glass,
is expected to fuel the demand for ceramic tiles
in the near future. - However, stringent regulations pertaining to
emissions of exhaust gases during the production
of these tiles is expected to restrain market
growth. - Thus, introduction of environment-friendly
production processes is expected to offer
lucrative opportunities for market players.
Ceramic Tiles Market Overview
3 Ceramic Tiles Market Segmentation
4- Ceramic tiles are made using raw materials such
as feldspar, bentonite, kaolin, sand, and glass.
These offer reduction in household allergens, are
environment friendly, easy to clean, very low
maintenance, cost-effective, and are resistant to
scratch, moisture, and dust. - New residential and residential replacement
applications dominated the global ceramic tiles
market, with nearly two-thirds share, in terms of
volume, in 2015. - Increase in demand for moisture- and
dust-resistant properties across residential and
commercial applications is anticipated to drive
the market growth. - The introduction of new production processes and
new product features is expected to boost growth
of this segment. - Vitrified ceramic tile held more than half of the
total market share in 2015, and is expected to
maintain its dominance during the forecast period.
Key Factors Impact Ceramic Tiles Market
5- The global ceramic tiles market is segmented
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. - Applications studied in this report include
residential replacement, new residential
commercial, and others. - By geography, the market is analyzed across North
America, Europe, Asia-Pacific, and LAMEA.
Ceramic Tiles Market Analysis
6 Asia-Pacific Ceramic Tiles Market Analysis and
Trend
7 Ceramic Tiles Market Top Investment Pockets
8- In terms of value, vitrified tile segment is
expected to grow at a CAGR of 7.6 during the
forecast period. - Asia-Pacific is projected to maintain its lead
position throughout 2022, growing at a CAGR of
9.0, in terms of value. - Residential replacement approximately occupied
more than one-third of the global ceramic tiles
market in 2015. - China occupied more than one-fourth of the
Asia-Pacific ceramic tiles market in 2015, and is
expected to grow at the highest CAGR of 11.0, in
terms of value.
Key findings of the Ceramic Tiles Market
9The demand for ceramic tiles in applications,
such as residential replacement and new
residential, is relatively high. Introduction of
new environment-friendly production processes is
expected in the near future, owing to presence of
stringent regulations in the developed
regions. By Eswara Prasad, Team Lead,
Chemicals Materials at AMR
Ceramic Tiles Market
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