IMARC Group’s latest report, titled “Ceramic Tiles Market – Global Industry Trends, Share, Size, Growth, opportunity and Forecast 2017-2022”, finds that the global ceramic tiles market reached a volume of nearly 14 Billion Sq. Metres in 2016, growing at a CAGR of around 7% during 2009-2016.Ceramic tiles are thin slabs of clay, silica or quartz that are industrially processed into a finished product. As compared to their counterparts, they have proven to be a better flooring option across the world. Due to their ease of installation and maintenance, ceramic tiles are extensively used in the residential sector. Further, they also find applications in hospitals, hotels, laboratories and other infrastructures where hygiene is of prime importance on account of their anti-bacterial and anti-stain properties.

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Highlights of the Global Ceramic Tiles Market:

A strong growth in the construction industryrepresents one of the major driving factors.

Residential applicationsdominate the market withthemajority of the global market share.

China is the biggest market for ceramic tiles, accounting for two-fifth of the production.

The global ceramic tiles market has witnessed a healthy growth over the past several years. As ceramic tiles are highly durable and inexpensive, their demand has been boosted all across the world. In addition, increasing industrialisation and urbanisation rates have resulted in an upsurge in the construction activitiesin the emerging regions. This has, in turncontributed to the market growth. Besides this, another factor which has led to the augmented demand of ceramic tiles is the fact that theirproduction is environment-friendlyas they are mostly composed of naturally occurring minerals. Some of the other forces that have proliferated the market growth areproduct innovations, technological advancements as well asincreasing personalization and customization trends. According to the report, the market is further expected to reach a volume of more than17 Billion Sq. Metresby 2022.

The market has been segmented on the basis ofapplication. Currently,residential applications account formore than a half of the global market share. Based on type, floor tiles dominate the market.Region-wise, China represents the largest producer, accounting for more than a two-fifth of the total share. The other major markets includeBrazil, India, Indonesia and Vietnam. Some of the key players operating in the market areMohawk Ind., Siam Cement, RAK Ceramics, Lamosa and Ceramic Carmelo Fior.

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The report has examined the global ceramic tilesmarket on the basis of:

Type:

Floor Tiles
Wall Tiles
Others

Application:

Residential Applications
Commercial Applications
Replacements

Region:

China
Brazil
India
Indonesia
Vietnam

Major Manufacturers:

Mohawk Ind.
Siam Cement
RAK Ceramics
Lamosa
Ceramic Carmelo Fior

Browse more reports on chemical & materials industry @ http://www.imarcgroup.com/categories/chemicals-market-reports

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