Estimates by IMARC Group
suggest that the global
ceramic tiles market is expected to grow at a CAGR of 5.2% during 2016-2021
reaching a volume of 17.8 Billion Sq. Metres by 2021. Some of the
key factors that will catalyse growth during the forecast period include –
increasing urbanisation, population growth, rising disposable incomes, growth
in the real estate sector, technological advancements and increasing
personalization/customization trends.
A recently
published report by IMARC Group titled “Ceramic Tiles Market – Industry Trends,
Manufacturing Process, Plant Setup, Machinery, Raw Materials, Cost and Revenue” critically examines the global
market for ceramic tiles. Ceramic tiles refer to thin blocks made up of a
mixture of clay and other materials. They are generally used for covering
floors, walls, roofs, shower walls and table tops. Other than being recyclable,
these tiles are durable and highly resistive to frost, water and thermal
shocks. In addition, ceramic tiles can also withstand high temperatures, harsh
environments and exposure to caustic or acidic chemicals. These tiles are
available in various shapes, sizes, textures, colours and glazing options due
to which they are increasingly being used in the residential, commercial as
well as the industrial sector.
Browse full report: http://www.imarcgroup.com/prefeasibility-report-ceramic-tiles-manufacturing-plant
The report finds that a
number of properties of ceramic tiles such as light-weight, ultra-thin,
anti-slip and anti-bacterial properties have made them an impeccable choice for
places where hygiene is of prime importance like hospitals, hotels,
laboratories and pharmaceutical industries, etc. Ceramic
tiles are also easy to install, clean and repair and serve as a good
alternative for hardwood and other flooring options. Findings from the report
suggest that increasing industrialization and urbanization rates have resulted
in an enormous increase in construction activities especially in the emerging
economies. This has created a strong demand for flooring products such as
ceramic tiles. Some of the other factors that are also catalysing the global
demand for ceramic tiles include population growth, rising disposable incomes,
growth in the real estate sector, technological advancements and increasing
personalization/customization trends. According to the report, the market is
expected to grow at a CAGR of 5.2% during 2016-2021 reaching a volume of 17.8
Billion Sq. Metres by 2021.
The
report has segmented the global ceramic tiles market by type, applications and
major regions. Currently, the global ceramic tiles market is dominated by floor
tiles which account for more than half of the total global production volumes.
Floor tiles are followed by wall tiles. Based on applications, residential
replacements represent the largest application sector accounting for around
half of the total global consumption volumes. Residential applications are
followed by commercial applications. Geographically, China represents the
largest producer of ceramic tiles accounting for the majority of the total
global production volumes. China is followed by Brazil, India, Spain,
Indonesia, Iran, Italy, Vietnam, Turkey and Mexico. The report has also
analysed the competitive landscape of the global ceramic tiles market covering
their locations and production capacities. Some of the key players in this
market include – Mohawk Ind, Siam Cement Group, RAK Ceramics, Lamosa, Incefra,
Majopar, Rovese Group, Cecafi Ltda., Dynasty Ceramic Co. Ltd., Saudi Ceramics
Company, etc.
This
report provides a comprehensive analysis for setting up a ceramic tiles
manufacturing plant. The study covers all the requisite aspects of the ceramic
tiles market and provides an in-depth analysis of the industry
performance, processing and manufacturing requirements, project cost, project
funding, project economics, expected returns on investment, profit margins,
etc. This report is a must-read for entrepreneurs, investors, researchers,
consultants, business strategists, and all those who are planning to foray into
the ceramic tiles market in any manner.
Contact Us
IMARC Group
Tel: +91-120-415-5099
USA: +1-631-791-1145
Email: sales@imarcgroup.com
Website: http://www.imarcgroup.com
Follow us on twitter: @imarcglobal
Tel: +91-120-415-5099
USA: +1-631-791-1145
Email: sales@imarcgroup.com
Website: http://www.imarcgroup.com
Follow us on twitter: @imarcglobal
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