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Ceramic Tiles Market Opportunities and Forecasts,

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Presentation on theme: "Ceramic Tiles Market Opportunities and Forecasts,"— Presentation transcript:

1 Ceramic Tiles Market Opportunities and Forecasts, 2014- 2022

2 Ceramic Tiles Market was valued at $84,123 million in 2015, and is projected to reach $145,949 million by 2022, growing at a CAGR of 8.1% from 2016 to 2022. Ceramic Tiles Market Ceramic tile is one of the most prevalent flooring choices used in building & construction industry globally. The global ceramic tiles market is driven by growth in construction sector worldwide. In addition, increase in use of ceramic tiles as a substitute to other products in residential applications, such as marble, paints, and glass, is expected to fuel the demand for ceramic tiles in the near future. However, stringent regulations pertaining to emissions of exhaust gases during the production of these tiles is expected to restrain market growth. Thus, introduction of environment-friendly production processes is expected to offer lucrative opportunities for market players. Ceramic Tiles Market Overview

3 Ceramic Tiles Market Segmentation

4 Ceramic tiles are made using raw materials such as feldspar, bentonite, kaolin, sand, and glass. These offer reduction in household allergens, are environment friendly, easy to clean, very low maintenance, cost-effective, and are resistant to scratch, moisture, and dust. New residential and residential replacement applications dominated the global ceramic tiles market, with nearly two-thirds share, in terms of volume, in 2015.ceramic tiles market Increase in demand for moisture- and dust-resistant properties across residential and commercial applications is anticipated to drive the market growth. The introduction of new production processes and new product features is expected to boost growth of this segment. Vitrified ceramic tile held more than half of the total market share in 2015, and is expected to maintain its dominance during the forecast period. Key Factors Impact Ceramic Tiles Market

5 The global ceramic tiles market is segmented based on product type, raw material, application, and geography.ceramic tiles market Product type is classified into wall tile, floor tile, vitrified tile, and industrial tile. The raw material segment is divided into feldspar, kaolin, bentonite, and silica sand. Applications studied in this report include residential replacement, new residential commercial, and others. By geography, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Ceramic Tiles Market Analysis

6 Asia-Pacific Ceramic Tiles Market Analysis and Trend

7 Ceramic Tiles Market Top Investment Pockets

8 In terms of value, vitrified tile segment is expected to grow at a CAGR of 7.6% during the forecast period. Asia-Pacific is projected to maintain its lead position throughout 2022, growing at a CAGR of 9.0%, in terms of value. Residential replacement approximately occupied more than one-third of the global ceramic tiles market in 2015. ceramic tiles market China occupied more than one-fourth of the Asia-Pacific ceramic tiles market in 2015, and is expected to grow at the highest CAGR of 11.0%, in terms of value. Key findings of the Ceramic Tiles Market

9 “The demand for ceramic tiles in applications, such as residential replacement and new residential, is relatively high. Introduction of new environment-friendly production processes is expected in the near future, owing to presence of stringent regulations in the developed regions.” By Eswara Prasad, Team Lead, Chemicals & Materials at AMR Ceramic Tiles Market

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