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Ceramic Tiles Market Size, Key Factors, Major Players, Growth Strategies, Trends, Forecast Till 2026

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RonanMary
Ceramic Tiles Market Size, Key Factors, Major Players, Growth Strategies, Trends, Forecast Till 2026

The global ceramic tiles market is expected to reach USD 94.13 Billion by 2026, according to a new report by Reports and Data. The ceramic tiles are typically used owing to their ability to resist stains, allergens, or bacteria, among others. Because of their anti-skid, lightweight, and anti-bacterial properties, these tiles are ideal for use in hotels, hospitals, laboratories, and pharmaceutical manufacturing facilities where hygiene is of utmost importance. Also, the aesthetic appearance and availability of diverse product variants of ceramic tiles make them a suitable substitute to hardwood and other products such as marble, and concrete, among others.

There has been an introduction of various high-quality products owing to technological advancements in the industry. At present, several players in the market are making use of inkjet printing technology to cater to consumer demands for aesthetic tiles. The advent of new techniques, like the pressing and firing of tiles, incorporation of spray drying of clays, and specialized equipment for selection, manipulation, and control, have empowered manufacturers to manufacture and supply ceramic tiles in various shapes, sizes, and textures.

Key participants include Atlas Concorde, Mohawk Industries, Crossville Inc., RAK Ceramics, Saloni Ceramica, Florida Tile, NITCO Tiles, Kajaria Ceramics, China Ceramics Co. Ltd., and Johnson Tiles, among others.

Ask For Free Sample: https://www.reportsanddata.com/sample-enquiry-form/1770

Availability of substitutes and fluctuating price of raw materials may hamper the growth of the market in the forecast period.

Further key findings from the report suggest

  • By product type, glazed ceramic tiles are forecasted to grow at the fastest rate of 7.3% in the forecast period. Glazed ceramic tiles provide an additional protective layer that offers them better resistance from stain, water absorption, and frost resistance. These ceramic tiles do not draw dust or dust mites and are resistant to harsh chemicals, which gives them better longevity.
  • By construction type, the new construction types contributed to a larger market share in 2018 and are likely to grow at a significant rate in the forecast period attributed to the high growth of new construction activities especially in the developing countries in the Asia Pacific region.
  • By application, flooring tiles held the largest market share with a revenue generation of USD 28.01 Billion in 2018 and is projected to witness a growth rate of 6.6% in the period 2019-2026.
  • By end-user, the non-residential segment held a market share of around 55.0% in 2018 and is likely to have a growth rate of 6.7% in the forecast period.
  • The market in the Asia Pacific region dominated the market in 2018 and is expected to grow at a rate of 7.2% in the forecast period. The market dominance of the Asia Pacific region is because of the occurrence of a high volume of construction activities along with strong growth in the economy and a vast population.
  • The market in Europe is forecasted to experience a growth rate of 6.3% during the forecast period.

Read More: https://www.reportsanddata.com/report-detail/ceramic-tiles-market

For the purpose of this report, Reports and Data have segmented the global ceramic tiles market on the basis of product type, construction type, application, end-user, and region:

Product Type Outlook (Volume, Million sq. meter; 2016-2026 and Revenue, USD Million; 2016-2026)

  • Glazed
  • Porcelain
  • Scratch-Free
  • Vitrified
  • Others

Construction Type Outlook (Volume, Million sq. meter; 2016-2026 and Revenue, USD Million; 2016-2026)

  • Replacement & Renovation
  • New Construction

Application Outlook (Volume, Million sq. meter; 2016-2026 and Revenue, USD Million; 2016-2026)

  • Roofing Tiles
  • Flooring Tiles
  • Wall Tiles
  • Partition Tiles

End-User Outlook (Volume, Million sq. meter; 2016-2026 and Revenue, USD Million; 2016-2026)

  • Residential
  • Non-Residential

Regional Outlook (Volume, Million sq. meter; 2016-2026 and Revenue, USD Million; 2016-2026)

  • North America
  • US.
  • Europe
  • UK
  • France
  • Asia Pacific
  • China
  • India
  • Japan
  • Latin America
  • Brazil
  • MEA

Ask For Discount: https://www.reportsanddata.com/discount-enquiry-form/1770

Thank you for taking the time to read our article. The report can be tailored to the needs of the client. Please contact us for more details, and our team will tailor the report to your specific requirements.

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Reports And Data | Web: www.reportsanddata.com/

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