Global Vitrified Tiles Market Growth, Evolving Technology, Profit Analysis Trends and Demands 2019 to 2026
Vitrified Tiles Market: Key Segments
The global vitrified tiles market can be segmented into type, application, and region. In terms of type, the market can be divided into soluble salt, double charge, full body, and glazed. Soluble salt vitrified tiles are screen printed tiles, while double charge tiles are printed with double layer. Double charge tiles are extensively employed for high traffic commercial applications such as in hotels and malls. Full body tiles have pigments with high thickness, which make them scratch resistant. Glazed tiles are available in a wide range of color and texture, such as bamboo and slate, and have glazed and glossy surface. Based on application, the global vitrified tiles market can be bifurcated into residential sector and commercial sector. The commercial sector is anticipated to be leading segment of the vitrified tiles market during the forecast period. Burgeoning construction activities across the globe is expected to boost the vitrified tiles market during the forecast period.
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Vitrified Tiles Market: Drivers & Restraints
Rise in demand for tiles with high aesthetic appeal, durability, and ease of installation is driving vitrified tiles market. Vitrified tiles are costlier than its counterparts such as ceramic tiles and requires expensive adhesives to maintain stability, which is likely to hamper the vitrified tiles market during the forecast period. Emergence of advanced printing technology, such as digital printing, 3D printing, water jet technology, and anti-microbial glaze, is expected to provide lucrative opportunities in the vitrified tiles market. For instance, digital printing technology aids in color enhancement of the tiles, while anti-microbial tiles aid in reducing microbes on their surface.
Vitrified Tiles Market: Regional Outlook
In terms of region, the global vitrified tiles market can be segmented into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. Asia Pacific is leading consumer of vitrified tiles, followed by Europe. Countries in ASEAN sub-region, India, and China are investing in the vitrified tiles market due to rapid rise in economy, expansion of the construction industry, and high construction GDP. Rise in urbanization and increase in government scheme to develop residential and commercial sectors in countries in Asia Pacific are expected to boost the vitrified tiles market during the forecast period. In Europe, Germany, France, and Italy are major consumer of vitrified tiles due to the rise in repairing and refurbishments activities. In North America, the U.S. is a leading consumer of these tiles and the demand for vitrified tiles market is increasing due to the surge in residential construction activities. The vitrified tiles market in Middle East & Africa and Latin America is expected to expand at a sluggish pace during the forecast period. Rise in government efforts to provide affordable housing for rural population and expats in GCC and increase in commercial construction activities in Brazil and other countries in Rest of Latin America are expected to propel the vitrified tiles market in these regions during the forecast period.
Vitrified Tiles Market: Key Players
Key players operating in the global vitrified tiles market include Ceramica Carmelo Fior Ltda., Lamosa Group, and Mohawk Industries Inc.
MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.
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The report provides the following information:
Tailwinds and headwinds molding the market’s trajectory
Market segments based on products, technology, and applications
Prospects of each segment
Overall current and possible future size of the market
Growth pace of the market
Competitive landscape and key players’ strategies
The main aim of the report is to:
Enable key stakeholder’s in the market bet right on it
Understand the opportunities and pitfalls awaiting them
Assess the overall growth scope in the near term
Strategize effectively with respect to production and distribution
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