Ceramic Tiles Market Overview:
Ceramic tiles are one of the most popular tiles and are used in construction activities around the world. Ceramic tiles are elegant, durable and versatile. They are an integral part of the decoration of any space. Ceramic tiles are made of various minerals and clays such as feldspar, zircon, bentonite, kaolin and clay. The raw materials are subjected to various mechanical operations, such as mixing, drying and shaping to give the body of the ceramic tile. The body of the tile is heated to high temperatures to improve the porosity of the tile. Thus, resilient ceramic tiles are produced.
The Ceramic Tiles Market was valued at USD xx million in 2015 and is expected to reach USD xx million by 2023, at a CAGR of xx% during the forecast period 2015 to 2023.
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Ceramic Tiles Market Drivers and Restraints:
Ceramic tile is one of the key components used in the construction industry for the construction of floors, corridors, swimming pools, walls, partitions, and interior and exterior ceilings. Ceramic tiles offer protection against abrasion and stains, and require less maintenance. In addition, these tiles are available in a wide range of sizes and colors. They are available at affordable prices. Ceramic tiles are widely used in various concrete structures, from residential houses such as apartments, villas and bungalows to commercial complexes such as hospitals, educational institutions and airports. In addition, these tiles are used in the construction of concrete industrial structures, such as food processing plants and warehouses. These are the major driving factors for the growth of ceramic tiles market.
Ceramic Tiles Market Geographical Segmentation:
From the geographical point of view, the Asia-Pacific region dominated the global ceramic tile market in 2017. The Asia-Pacific market is expected to grow at an accelerated pace during the forecast period. Low manufacturing costs, increased disposable income and the growth of construction activities in Asia Pacific should boost the region’s market from 2018 and 2026. China had a leading market share in the region in 2017, due to the presence of a promising construction sector in the countryside. China, India, Vietnam and Indonesia are key countries in the ceramic tile market in Asia-Pacific. Asia Pacific is followed by Europe. Turkey is a key country for the market in Europe. Spain, Italy and Turkey are the main European countries dedicated to the manufacture of ceramic tiles. They have important market shares in the region. The increase in construction activities and the increase in exports are the factors responsible for the strong production of ceramic tiles in Europe. The market in Latin America, the Middle East and Africa is expected to grow significantly during the forecast period. The US market is expected to experience sustained growth between 2018 and 2026. At present, the recovery of the construction industry in the region, particularly in the commercial subsector, is a key factor of the ceramic tile market in North America.
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Key Players of Ceramic Tiles Market:
Siam Cement Group, Mohawk Industries, Inc., Grupo Lamosa, Ras Al Khaimah (RAK) Ceramics, China Ceramics Co. Ltd., Kajaria Ceramics, Panariagroup Industrie Ceramiche S.p.A., LASSELSBERGER GmbH, Johnson Tiles, Gruppo Concorde S.p.A., and Kale Group are the major players of the market among many others.
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