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Ceramic Tiles Market Application & Forecast with Upcoming Trends 2024

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The recent advent of ceramic tiles with stain and germ resistant features is also likely to enhance the market demand of the product. Moreover, the expanding flooring market is poised to provide a notable impetus to the ceramic tiles industry over the coming seven years. – PowerPoint PPT presentation

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Title: Ceramic Tiles Market Application & Forecast with Upcoming Trends 2024


1
Ceramic Tiles Market Growth, Application Analysis
from 2017 to 2024
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2
Global Market Scenario of Ceramic Tiles Market
  • The tremendous increase in the construction
    activities across the globe is the prime factor
    fueling the growth of ceramic tiles market.
  • Owing to the rapid urbanization, the demand and
    sales of the ceramic tiles is increasing
    significantly around the world.
  • The global market for ceramic tiles was valued
    over USD 76.80 billion in 2015 and is poised to
    reach USD 178.16 billion by 2024, according to a
    report by Global Market Insights, Inc.
  • As per statistics, Chinas construction industry
    was the largest in the world, with construction
    expenditure recorded over USD 1.7 trillion.

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3
Continue-
  • As the construction sector is witnessing a major
    upswing in Asia Pacific region, the regional
    ceramic tiles market is likely to grab some
    colossal takes over the years.
  • Estimates suggest that Ceramic Tiles market will
    record an annual growth rate of 9.8 over the
    period of 2016-2024.
  • Asia Pacific ceramic tiles industry is
    anticipated to witness highest gains of over 10
    CAGR from 2016-2024.

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Rights Reserved
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4
U.S Ceramic Tiles Market share, by application,
2013-2024 (USD Million)
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778
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5
360 Industry Analysis
  • The factors like ease of maintenance, good
    thermal shock resistance, and durability of
    ceramic titles is expected to provide a
    substantial push to this industry. The deployment
    of ceramics tiles is expected to increase in
    residential buildings, laboratories, hospitals,
    and commercial buildings. The residential ceramic
    tiles industry share was worth USD 36 billion in
    2015, owing to the rising renovation and
    rebuilding projects for enhanced flooring and
    wall appearance.

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6
  • Regional Analysis
  • Asia Pacific ceramic tiles industry is
    anticipated to witness highest gains of over 10
    CAGR from 2016-2024. Rise in infrastructural
    spending in the emerging economies including
    India, South Korea, and Japan will primarily
    drive ceramic tiles market in the region.
    Additionally, the growing trends of metal slabs,
    marble floors, and replacing paints and home
    decorative products will further propel the
    product demand in the region.
  • Competitive Analysis
  • Some of the renowned players accumulating a major
    market chunk of the overall market include Mohawk
    Industries, Lamosa Grupo, Kajaria Ceramics, Siam
    Cement Group, Florida Tile, Crossville, and China
    Ceramics.

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778
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7
Latest Research Report On Ceramic Tiles
Market _at_ https//www.gminsights.com/industry-anal
ysis/ceramic-tiles-market Request for sample
of this research report_at_ https//www.gminsights.
com/request-sample/detail/778
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Rights Reserved
www.gminsights.com
8
Stay In Touch You can visit us at
www.gminsights.com
Thank You!
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