Ceramic Tiles Market Overview:
The global ceramic tiles market will develop at a 6.17% CAGR between the forecast periods 2020- 2027, states the recent Market Research Future (MRFR) analysis. Ceramic tiles are manufactured of clay, sand, and natural products. They are made by molding the raw materials as per the shape and desire and then heat them at high temperatures in a kiln.
Get Sample Report PDF@ https://www.marketresearchfuture.com/sample_request/977
Key Players
Prominent contenders profiled in the global ceramic tiles industry report include Pamesa Ceramica (Spain), Gruppo Concorde (Italy), Guangdong Dongpeng Ceramic Co., Ltd (China), Panariagroup Industrie Ceramiche S.p.An (Italy), Lamosa (Mexico), RAK Ceramics (Arab Emirates), Roca Sanitario, S.A (Spain)., Kajaria Ceramics (India), Mohawk Industries Inc (U.S.)., and The Siam Cement Public Company Limited(Thailand).
Various factors are propelling the global ceramic tiles market share. According to the recent
MRFR market estimates, such factors include growing consumption of laboratories, hospitals, and residential buildings for its low price and durability, growing urbanization and industrialization in developing regions, rising investment in infrastructural development, and high durability and low maintenance. Additional factors adding market growth include the growth in population, increase in disposable income, rise in remodelling and renovation activities, increasing use of silica sand, rise in investments in the commercial and residential sectors, booming organized retail sector, and burgeoning demand from emerging economies.
On the contrary, volatile raw material costs, increasing tariffs and regulations, and the on-going COVID-19 impact may impede the global ceramic tiles market growth over the forecast period.
Market Segmentation
The MRFR report highlights an inclusive segmental analysis of the global ceramic tiles market based on application, product, and raw material.
By raw material, the global ceramic tiles market is segmented into silica sand, bentonite, kaolin, feldspar, and others.
By product, the global ceramic tiles market is segmented into floor ceramic tiles, wall ceramic tiles, and others. Of these, the floor ceramic tiles will lead the market over the forecast period.
By application, the global ceramic tiles market is segmented into residential, commercial, and others. Of these, the residential segment will spearhead the market over the forecast period.
Buy now@ https://www.marketresearchfuture.com/checkout?currency=one_user-USDreport_id=977
Regional Analysis
By region, the ceramic tiles market covers the growth opportunity and recent trends across Europe, North America, the Asia Pacific (APAC), Latin America, and the Middle East and Africa (MEA). Of these, the APAC region will dominate the market over the forecast period. The rapid growth of industries, growing urbanization, encouraging government regulation like incentives and tax benefits, presence of populated countries like India and China, developing building and construction industry, demand in oil and gas industry, rapid socio-economic developments, rise in new housing units, huge investments in the infrastructural sector, and a significant rise in construction opportunities are adding to the global ceramic tiles market growth in the region.
In North America, the global ceramic tiles market is predicted to have healthy growth over the forecast period. The growing construction sector, rising construction of non-residential and residential buildings, expansion of production base by Italian tiles manufacturers, a high portion of an untapped market, and availability of raw materials are adding to global ceramic tiles market growth in the region. Canada and the United States have the utmost share in the market. Besides, the upgradation of existing infrastructure is also adding market growth.
In Europe, the global ceramic tiles market is predicted to have sound growth over the forecast period. The growing EU regulation to control greenhouse emissions is adding to the global ceramic tiles market growth in the region.
In the LAMEA, the global ceramic tiles market is predicted to have steady growth over the forecast period.
Access Complete Report @ https://www.marketresearchfuture.com/reports/ceramic-tiles-market-977
About Market Research Future:
Market Research Future (MRFR) is a global market research firm that takes great pleasure in its services, providing a detailed and reliable study of diverse industries and consumers worldwide. MRFR's methodology integrates proprietary information with different data sources to provide the client with a comprehensive understanding of the current key trends, upcoming events, and the steps to be taken based on those aspects.
Our rapidly expanding market research company is assisted by a competent team of research analysts who provide useful analytics and data on technological and economic developments. Our deemed analysts make industrial visits and collect valuable information from influential market players. Our main goal is to keep our clients informed of new opportunities and challenges in various markets. We offer step-by-step assistance to our valued clients through strategic and consulting services to reach managerial and actionable decisions.
Contact Us:
Market Research Future
Office No. 524/528, Amanora Chambers
Magarpatta Road, Hadapsar
Pune - 411028
Maharashtra, India
+1 646 845 9312
