Increasing population and urbanization, and rapid rise in construction sector are the key trends in the Ceramic tiles market.
WILMINGTON, DELAWARE, UNITED STATES, March 27, 2024 /EINPresswire.com/ — The global ceramic tiles market size was valued at $343.9 billion in 2020, and is projected to reach $633.5 billion by 2030, registering a CAGR of 6.3% from 2021 to 2030.
Ceramic tiles stand out as a premier choice for flooring in the global architecture and construction sectors. Crafted from a blend of feldspar, bentonite, kaolin, sand, and glass, these tiles offer a multitude of benefits. They contribute to a reduction in household allergens, are eco-friendly, easy to maintain, economically viable, and resistant to scratches, moisture, and dust.
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The worldwide ceramic tiles market experiences growth primarily propelled by the expanding building industry. Additionally, the trend of substituting other materials like marble, paints, and glass with ceramic tiles in residential applications is expected to drive demand. However, stringent regulations on emissions during tile production may hinder market growth. Nevertheless, embracing eco-friendly manufacturing practices presents lucrative opportunities for industry players.
Ceramic tiles find extensive use in both new residential constructions and replacements. The market is poised for growth due to increasing demand for moisture and dust-resistant features in residential and commercial settings alike.
Major industry players are investing in the development of innovative and visually appealing ceramic tiles tailored for such applications. For instance, Crossville, Inc. introduced the Jazz Age porcelain tile series in November 2020. This unique collection mirrors the charm of aged hardwood floors, inspired by the ambiance of 1920s and 1930s nightclubs, while offering dust and moisture resistance.
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Top Players:
Key companies profiled in the ceramic tiles market report include Ceramica Saloni, China Ceramics, Crossville Inc., Kajaria Ceramics, Lamsoa Group, Mohawk Industries, R.A.K. Ceramics, Siam Cement Group, Ceramica Carmelo Fior, STN Ceramica
Key Findings Of The Study –
• The report provides an extensive analysis of the current and emerging ceramic tiles market trends and dynamics.
• Depending on type, glazed segment has dominated the ceramic tiles market, in terms of revenue in 2020.
• By application, the floor tiles has registered highest revenue in 2020.
• Asia-Pacific region is projected to register highest growth rate in the coming years.
• The key players within the ceramic tiles market are profiled in this report, and their strategies are analyzed thoroughly, which help understand
competitive outlook of the ceramic tiles industry.
• The report provides an extensive analysis of the current trends and emerging opportunities of the market.
• In-depth ceramic tiles analysis is conducted by constructing estimations for the key segments between 2021 and 2030.
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Read Related Reports:
Ceramic Tiles Market – https://www.prnewswire.com/news-releases/ceramic-tiles-market-to-reach-633-5-bn-globally-by-2030-at-6-3-cagr-allied-market-research-301399336.html
Roofing Tiles Market – https://www.alliedmarketresearch.com/roofing-tiles-market-A07136
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