Press release
Ceramic Tiles Market Rise in Demand, Competitive Landscape by Companies 2030
The global ceramic tiles market is fuelled by the expansion of the building industry. Furthermore, growth in the usage of ceramic tiles as an alternate for other goods in residential applications, including as marble, paints, and glass, is projected to boost ceramic tile demand in the near future. Stringent restrictions governing the emissions of exhaust gases during the production of these tiles, on the other hand, are likely to limit market development. As a result, the adoption of environment-friendly manufacturing methods is projected to provide profitable possibilities for market participants.The global ceramic tiles market size was valued at $343.9 billion in 2020, and is projected to reach $633.5 billion by 2030, registering a CAGR of 6.3% from 2021 to 2030.
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Ceramic tile is one of the most preferred flooring options in the architecture and construction business across the world. These are manufactured from feldspar, bentonite, kaolin, sand, and glass as basic ingredients. Ceramic tiles offer reduction in household allergens, and are environment friendly, easy to clean, very low maintenance, economical, and are scratch resistant, moisture resistant, and dust free.
Ceramic tiles are used in new residential and residential replacement applications. The market is expected to rise because of an increase in demand for moisture and dust-resistant characteristics in both residential and commercial applications.
In addition, key players are focusing on manufacturing latest and attractive ceramic tiles for such applications. For instance, in November 2020, Crossville, Inc. has launched new Jazz Age porcelain tile series. This one-of-a-kind collection replicates the look of classic hardwood floors with an aged patina. Jazz Age's surface visual is inspired by the character and style of the flooring seen in a 1920s or 1930s nightclub. It is dust and moisture resistant.
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Top Runners:
Key companies profiled in the ceramic tiles market report include Ceramica Saloni, China Ceramics, Crossville Inc., Kajaria Ceramics, Lamsoa Group, Mohawk Industries, R.A.K. Ceramics, Siam Cement Group, Ceramica Carmelo Fior, STN Ceramica
Key Segments:
By Type
• Glazed Tiles
• Unglazed Tiles
By Application
• Floor Tiles
• Wall Tiles
By Construction Type
• New Construction
• Renovation and Replacement
By End User Industry
• Residential
• Non-residential
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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