Ceramic Wall Tiles Market to Reach USD 114.78 Billion by 2027 | Reports And Data

NEW YORK, July 6, 2020 /PRNewswire/ -- The global ceramic wall tiles market is forecast to reach USD 114.78 billion by 2027, according to a new report by Reports and Data. Rapid growth in the construction & building industry in regions, especially Latin America and the Asia Pacific, shall drive ceramic wall tiles demand over the forecasted timeframe. Government investments & initiatives in infrastructure and demographic features in countries in the Asia Pacific are the prime factors propelling product usage in the region. Robust growth in the wall tiles industry is analyzed to positively influence the product demand over the forecasted timeframe. The product is widely used in the industry, particularly due to its durability, value-added aesthetic appearance, and strength. It efficiently reduces the cost related with paints & coatings required in walls. Moreover, it also offers negligible maintenance costs after installation.

Request free sample of this research report at:
https://www.reportsanddata.com/sample-enquiry-form/3267

Technological advancements in the industry have introduced premium quality products along with excellent appearance. Various ceramic wall tiles manufacturers are now utilizing inkjet printing technology to meet customer demand for aesthetic tiles. However, the prevalence of stringent environmental regulations combined with volatile raw material prices may hinder market growth. Moreover, carbon dioxide emission during the production is expected to hinder product demand during the forecasted timeframe. The emission of carbon dioxide from industries in regions such as North America and Europe has decreased owing to the growing awareness of global warming.

The COVID-19 impact:

The global construction market, once booming due to the commercial and residential construction in the U.S. and China, has been affected by the suspension of the construction activities across the influenced economies. In the United States, the construction industry is anticipated to take a major hit owing to the lockdown imposed by the government during COVID-19 and labor shortages, which is expected to be aggravated by the resulting supply chain problems and financing pressures because of the non-adherence to the completion times.

To identify the key trends in the industry, click on the link below: 
https://www.reportsanddata.com/report-detail/ceramic-wall-tiles-market

Further key findings from the report suggest

• The industry is projected to witness a surge due to the rising construction business in the Asia Pacific, which has led to an exponential demand for ceramic wall tiles in institutional and residential construction projects.
• Rising commercial construction in parts of Latin America will also positively influence the industry growth in the coming few years.
• The advent of digital inkjet printing technology has enabled the manufacturers to replicate the color depth, design, and pattern of various natural products, including wood, metals, and marble.
• Among the application segment of the ceramic wall tiles industry, commercial construction is presently leading the market with 46.2% of the market share, and it will continue to dominate with an estimate to register the highest CAGR of 6.3% over the forecasted period.
• Among the raw material segment of the ceramic wall tiles industry, silica sand is presently leading the market with 31.3% of the market share, and it will continue to dominate with an estimate to register the highest CAGR of 6.3% over the forecasted period.
• Key participants include Ceramiche Atlas Concorde S.p.A., Crossville Inc., RAK Ceramics, Cerámica Saloni, Kajaria Ceramics Limited, Somany Ceramics, White Horse Ceramic Industries Sdn Bhd, Guocera Holdings Sdn Bhd, China Ceramics Co., Ltd., and Porcelanosa Grupo A.I.E., among others.

Order Now: https://www.reportsanddata.com/checkout-form/3267

For the purpose of this report, Reports and Data have segmented into the ceramic wall tiles market on the basis of raw material, dimensions, application, and region:

Raw Material Outlook (Revenue, USD Billion; 2017-2027)

• Feldspar
• Kaolin
• Bentonite
• Silica sand

Dimensions Outlook (Revenue, USD Billion; 2017-2027)

• 20 X 20
• 30 X 30
• 30 X 60
• 60 X 120
• Others

 Application Outlook (Revenue, USD Billion; 2017-2027)

• Residential Replacement
• New Residential
• Commercial
• Others

Regional Outlook (Revenue, USD Billion; 2017-2027)

• North America
• U.S
• Canada
• Europe
• Germany
• U.K
• France
• BENELUX
• Rest of Europe
• Asia Pacific
• China
• Japan
• South Korea
• Rest of APAC
• Latin America
• Brazil
• Rest of LATAM
• MEA
• Saudi Arabia
• UAE
• Rest of MEA

Browse more similar reports on Building Materials category by Reports And Data

• Green Building Materials Market: https://www.reportsanddata.com/report-detail/green-building-materials-market
  
• Waterstops Market: https://www.reportsanddata.com/report-detail/waterstops-market
  
• Insulated Concrete Form (ICF) Market: https://www.reportsanddata.com/report-detail/insulated-concrete-form-icf-market 

About Reports and Data 

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client's make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.

Contact Us:

John W
Head of Business Development
Reports And Data | Web: www.reportsanddata.com
Direct Line: +1-212-710-1370
E-mail: [email protected]
LinkedIn | Twitter | Blogs

SOURCE Reports And Data

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED