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Ceramic Tiles Market to Clock a CAGR of Nearly 10% through 2026

Press release Description

Albany, New York, January 8, 2019: Ceramic tiles have sought widespread application in the construction industry in light of their abrasion properties, stain-phobic nature, and less maintenance requirements. Increase in construction activities globally is one of the key factors affecting growth of the ceramic tiles market. Increase in disposable income and urbanization in upcoming markets will play a significant role in increased construction spending for new residential projects, which will further boost the use of ceramic tiles.

In 2017, the ceramic tiles market was worth $81.58 billion and is estimated to record an impressive CAGR of around 10% through 2026. However, ceramic tiles are manufactured through thermal process using several fuels, thereby contributing to carbon emissions. Various regulatory policies are implemented to reduce carbon emissions, which will act as a hindrance to the growth of ceramic tiles market.

The aforementioned insights are taken from the report titled, “Ceramic Tiles Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026,” included recently in the extensive repository of Market Research Reports Search Engine’s (MRRSE).

In 2017, Asia Pacific was the leading region in the global ceramic tiles market and it is anticipated that the status quo will prevail in the near future. Increase in construction activities, low manufacturing cost, increase in government initiatives for infrastructure development will further drive the sale of ceramic tiles in the region. Key players prevalent in the ceramic tiles market are adopting various strategies such as product improvement and pricing to increase their profit share and also to increase their global footprint in the ceramic tiles market.

Ceramic Tiles Market: Report Content

The market research report starts with a detailed analysis of the product – ceramic tiles. Various factors that impact the market growth have been included in this report. Various micro and macroeconomic factors affecting growth of the ceramic tiles market have been covered in this report.

Furthermore, key segments identified in the ceramic tiles market have been represented with the help of a taxonomy table. It also offers insights on the adoption and demand trends affecting the ceramic tiles market across various regions and countries in the world.

A well-structured process was put in place to gather important insights that are covered in this market report. Segmentation of the market has been included in the report to give readers detailed information about the market.

Ceramic Tiles Market: Competitive Landscape

The competition landscape covered in the research study is aimed at offering detailed insights on the strategies of key players present in the ceramic tiles market. This will help the readers and buyers of the market report to understand the report in detail.

The report also covers key market participants that are involved in developing and selling ceramic tiles. Additionally, to help the readers, key information such as – market shares, SWOT analysis, and key growth strategies of the key participants are covered in the report.

There are several key players present in the market, some of them are, Kale Group, Mohawk Industries, Inc., Johnson Tiles, Siam Cement Group, Gruppo Concorde S.p.A., Ras Al Khaimah (RAK), Panariagroup Industrie Ceramiche S.p.A., Grupo Lamosa, LASSELSBERGER GmbH, Kajaria Ceramics, and China Ceramics Co. Ltd.

Browse Full Global Ceramic Tiles Market Report with TOC :

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