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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Ceramic Tiles Market Size, Share | Industry Report, 2024 Global Ceramic Tiles Market size worth $178.16 billion by 2024
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Ceramic Tiles Market size is set to reach USD 178.16 billion by 2024; according to a new research report by Global Market Insights, Inc. Increasing construction spending globally is the key factor driving global ceramic tiles market share over the forecast timeframe. Asia Pacific, mainly led by China, Japan and India construction business is experiencing robust growth owing to boost industry growth. China was the major industry contributor, with construction expenses over USD 1.7 trillion in 2015. Government initiatives towards infrastructure development, rising disposable income and high population density are some of the other factors which are positively influencing construction sector, consequently stimulating ceramic tiles market size. Robust growth in flooring industry, which is an essential portion of residential and commercial structure including airports, railway stations and hospitals, will boost ceramic tiles market share by 2024. In addition, flooring market size in Europe was roughly 3 billion square meters in 2015. Global Market Scenario of Ceramic Tiles Industry
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Key raw materials used in product processing includes silica sand, kaolin, Feldspar and bentonite. In 2015, bentonite clay price was approximately USD 65 per ton. Increasing raw material prices post economic downturn of 2008, will negatively influence ceramic tiles market share over the forecast timeframe. Furthermore, rising demand of these raw materials across various end user industries including thermal & electrical insulation, glass, paints, food packaging and refractories may affect ceramic tiles market price trend. Sanitary ware and ceramic tiles processing (machining operations, drying, firing) results in dust formation, GHG emissions and formation of particulate matter. This may further hamper industry growth due to stringent environmental regulations. Get more details @ https://www.gminsights.com/industry-analysis/ceramic-tiles-market https://www.gminsights.com/industry-analysis/ceramic-tiles-market Continue.....
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Get Sample Report Copy@ https://www.gminsights.com/request-sample/detail/778 https://www.gminsights.com/request-sample/detail/778
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Application Analysis In 2015, floor ceramic tiles market share was valued at over USD 39 billion. Enhanced product quality including shock & thermal resistance and high durability compared to hardwood and other flooring material will drive industry growth by 2024. Ceramic tiles market for wall might witness gains exceeding 9.5% over the forecast timeframe. Wall tiles are sunlight resistant which helps in retaining its color for extended years. Also, these are available in a wide spectrum of colors which makes them desirable in walls. These are widely used in kitchens owing to their easy to clean characteristics. In 2015, ceramic tiles market size for residential replacement application was valued more than USD 36 billion. Rising remodeling spending to enhance floor & wall appearances will drive growth. 360° Analysis Request for Customization@ https://www.gminsights.com/roc/778
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Regional Analysis In 2015, North America, mainly led by the U.S, generated revenue above USD 1.4 billion. Inclining remodeling activities laterally with forthcoming construction projects, including both residential and commercial buildings, are the major drivers for regional ceramic tiles market share. Asia Pacific will experience highest growth at over 10%. Growing construction spending in China, Japan and India will drive regional ceramic tiles market size. Furthermore, drifting trend towards replacing marble floors, metal slabs and paints will further drive regional growth. Inquire For Buying Industry Report@ https://www.gminsights.com/inquiry-before-buying/778 https://www.gminsights.com/inquiry-before-buying/778
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Competitive Market Share Ceramic tiles market share was fragmented. Siam Cement Group, Mohawk Industries, Lamosa Grupo, Ras Al Khaimah Ceramics and Kajaria Ceramics are significant industry share contributors. Other industry participants are Florida Tile, Crossville, Ceramiche Atlas Concorde S.P.A. and China Ceramics. Request for sample report@ https://www.gminsights.com/request-sample/detail/778https://www.gminsights.com/request-sample/detail/778
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Latest Research Report On Ceramic Tiles Market @ https://www.gminsights.com/industry-analysis/coated-fabrics-market Request Sample PDF Brochure@ https://www.gminsights.com/request-sample/detail/778
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Stay In Touch You can visit us at: www.gminsights.comwww.gminsights.com Thank You
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