Cement tiles, also known as encaustic tiles, are quickly becoming a trendy design option for homes and workplaces. They have been revered for their unmatched durability, waterproof finish, and incredible amount of designs and possibilities available for years. Moreover, features such durability in freezing temperatures, make them suitable for use in almost any climate, which pushes the cement tile market towards growth.
The Global Cement Tiles Market has been segmented based on types, applications and regions. By type, it has been segmented as S Tile, Corrugated Tile and Flat Tile. On the basis of applications, it has been segmented as residential, commercial and industrial sector. Geographically, Asia-Pacific is expected to remain the largest and the highest growing region during the forecast period, due to a larger construction industry, changing lifestyle and growing end-use industries. Also, due to the presence of countries such as China and India, the region is witnessing a rise in urbanization. Cement Tiles market is expected to grow at CAGR of more than 4.12 %.
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The Key Players of global cement tiles market includes
- Lafarge (France),
- GranitiFiandre S.p.A. (Italy),
- Ultra Tile (India),
- Ross Roof Group (New Zealand),
- Harmouch (Egypt),
- Avente Tile (U.S.),
- Villa Lagoon Tile (U.S.),
- Vande Hey Raleigh Mfg., Inc. (U.S.),
- Boral (U.S.),
- Uni-Group (U.S.).
The global cement tiles market is a very dynamic market, and is expected to witness high growth over the forecast period. Focus on construction and infrastructural development makes cement popular among manufacturers. Due to this, there is sustained growth in housing sector, government emphasis on infrastructure, and exceeding demand in cement industry, which results in improved efficiency, transportation and logistics. Tiles are inorganic, non-metallic materials that are made by the infusion of intense heat. Factors such as durability, and ease of maintenance of ceramic tiles, increasing popularity and the rise in the number of hospitals, laboratories, and residential buildings. The market is expected to reach at CAGR of ~4.12% between 2017 and 2023.
Market Research Future analysis shows that the global market of cement tiles is estimated to grow at USD XX billion by the end of year 2023. In terms of geography, Asia Pacific accounted for a major market share, will continue to dominate the market in the forecast period. This is because of the growth in construction industry, and rapidly rising urban population. Moreover, Governments’ focusing on housing and infrastructure development, with initiatives such as rural employment guarantee, and low cost housing in urban & rural area under schemes, fuel the cement market demand.
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TABLE 1 GLOBAL CEMENT TILES MARKET 3600 SYNOPSIS, 2015 – 2023
TABLE 2 GLOBAL CEMENT TILES MARKET ESTIMATES AND FORECAST, 2015 – 2023, (VOLUME) (USD MILLION)
TABLE 3 GLOBAL CEMENT TILES MARKET VOLUME BY REGION, 2015 – 2023, (VOLUME)
TABLE 4 GLOBAL CEMENT TILES MARKET REVENUE BY REGION, 2015 – 2023, (USD MILLION)
TABLE 5 GLOBAL CEMENT TILES MARKET VOLUME BY TYPE, 2015– 2023, (VOLUME)
TABLE 6 GLOBAL CEMENT TILES MARKET REVENUE BY TYPE, 2015– 2023, (USD MILLION)
TABLE 7 GLOBAL CEMENT TILES MARKET VOLUME BY APPLICATION, 2015– 2023, (VOLUME)
TABLE 8 GLOBAL CEMENT TILES MARKET REVENUE BY APPLICATION, 2015– 2023, (USD MILLION)
TABLE 9 CEMENT TILES GROWTH DRIVERS
TABLE 10 CEMENT TILES REGULATORY LANDSCAPE
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