Press release
Ceramic Tiles Market Revenue Forecast 2025 By Top Players Florida Tile, Mohawk Industries, Inc, Crossville, Inc., Ceramiche Atlas Concorde S.p.A., Siam Cement Group
Ceramic Tiles Market share was valued at USD 87 billion in the year 2017 and is projected to surpass a revenue of USD 185 billion by the year 2025.Know about Market growth in New Research and its Top growing factors by Key Companies like
Ceramiche Atlas Concorde S.p.A., Crossville, Inc., China Ceramics Co. Ltd., Florida Tile, Inc., Gruppo Ceramiche Ricchetti S.p.A., Kajaria Ceramics Limited, Mohawk Industries, Inc., Porcelanosa Grupo, Saloni Ceramics, Siam Cement Group, Ras Al Khaimah Ceramics, Grupo Lamosa SAB de CV,
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The worldwide Ceramic Tiles Market to register a CAGR of 9.9% over the period of 2018-2025. Analysis of the report based on competitive landscape, evolving technologies, current business trends, key industry players, growth pattern, and demand projections by the year 2025. The report also includes an in-depth analysis of the market based on its segments and sub-segments.
Ceramic tiles processing emanates harmful gases along with massive amount of carbon dioxide into the atmosphere. This has become a rising concern for environment protection organizations and nations. In terms of carbon dioxide emission, Asia Pacific is likely to reach close to 17,000 tons by 2024 due to the lenient policies in many of its developing nations. Thus, many countries, especially, the U.S. and few European nations have put strict regulations for extraction and processing of kaolin and feldspar (key raw materials of ceramic tiles) for product manufacturing. These regulations will hamper ceramic tiles market growth over the forecast duration.
Wall tiles segment will witness a prominent CAGR in global ceramic tiles market from 2018 to 2025. Availability in several colors and abrasion & sunlight resistant makes the product highly desirable in residential constructions. Colour retention in ceramic tiles makes them ideal for walls. Ceramic wall tiles are generally used in kitchens, as these are convenient to clean and enhances the overall look of the kitchen. Rising consumer preference for wall tiles regarding home decoration shall boost ceramic tiles demand over the forecast timespan.
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The commercial segment in ceramic tiles business includes hospitals, offices, sports complexes and hotels. It is used particularly to enhance the floor and wall aesthetics in these types of constructions. Growing product application in commercial structures, for example, malls is likely to propel global ceramic tiles market in the coming years.
Market Segmentation:
Comprehensive Review of Market Growth, Applications, and Future Prospects
1. Residential,
2. Commercial
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