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Ceramic Tiles Market to Set Phenomenal Growth by 2027


Ceramic Tiles Market to Set Phenomenal Growth by 2027 – PowerPoint PPT presentation

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Title: Ceramic Tiles Market to Set Phenomenal Growth by 2027

Ceramic Tiles Market
  • Global Industry Analysis, Size, Share, Growth,
    Trends and Forecast, 2027

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  • Transparency Market Research (TMR) is a market
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  • Ceramic Tiles Market Increase in New and
    Refurbishment Construction Activities especially
    in Asia Pacific  
  • Ceramic tiles are one of the most popular tiles
    and they are used in building and construction
    activities all over the globe. Ceramic tiles is a
    key building material used in the construction
    industry. Ceramic tiles are stylish, durable, and
    versatile. They play an integral part in the
    décor of any space
  • Ceramic tiles are manufactured from 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
  • Increase in new and refurbishment construction
    activities in Asia Pacific especially in China
    and India is the major factor which is expected
    to drive the demand for ceramic tiles

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Floor Tiles is Expected to Continue to Be Major
Product Type
  • Based on product, the ceramic tiles market has
    been segmented into the floor tiles, wall tiles,
    and others. The others segment include ceiling
    tiles, roofing tiles, and countertop tiles. Floor
    tiles are consumed the most, followed by wall
  • Floor tiles accounted for more than 50 in
    2018 and is expected to continue to be major
    product type during the forecast period 2019
    to 2027. Floor occupies larger space in
    construction activities due to which it requires
    large number of tiles. Ceramic floor tiles are
    also commonly used in shower and toilet flooring,
    due to their ability to resist stains, odors,
    allergens, or bacteria
  • Ceramic floor tiles is also expected to exhibit
    significant CAGR during the forecast
    period 2019 to 2027. Ceramic floor tiles is
    anticipated to grow at CAGR of more
    than 9.0 between 2019 and 2027

Residential Replacement Contributed Major Demand
for Ceramic Tiles Market
  • Based on application, ceramic tiles has been
    segmented into residential replacement,
    commercial, new residential, and industrial.
  • Out of which, residential replacement accounted
    for more than 40.0 of the total ceramic tiles
    market in 2018. It is likely to remain dominant
    application during the forecast
    period 2019 to 2027
  • Increase in renovation activities owing rise in
    disposable income followed by improved standard
    of living is the major factor of which drives the
    demand for ceramic tiles for residential
  • However, new residential segment is expected to
    exhibit significant CAGR of more than 10 during
    the forecast period 2019 to 2027

Global Ceramic Tiles Market Competition
  • Mohawk Industries, Inc.
  • Siam Cement Group
  • Ras Al Khaimah (RAK) Ceramics
  • Grupo Lamosa
  • Kajaria Ceramics
  • China Ceramics Co. Ltd.

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