According to a recent published report, the Global Ceramic Tiles Market is expected to grow at the CAGR of 9% during 2015-2022 and it estimated to be $125 billion by 2022. The global ceramic tiles market is segmented on the basis of product, industry applications and geography. The report on global ceramic tiles market forecast 2015-2022 provides detailed overview and predictive analysis of the market.
Ceramic tile is a mixture of clay sand and other natural products. They are manufactured unit particular shape and size with the help of molding and heating. Ceramic tiles are available in various designs for indoors and outdoors. Ceramic tiles market is increasing due to increase in global construction activity and increase in demand for new residential buildings. APAC dominate the market of ceramic tiles.
Full report available Global ceramic tiles market forecast 2015-2022 report at http://briskinsights.com/report/ceramic-tiles-market
India is highest potential market of ceramic tiles as their vitrified tiles market constitutes more than half of the total tiles market. As advance technology in designing and manufacturing is improved therefore market of ceramic as a decorative product is increasing. Also the new segments such as 3D tiles, designer tiles and germ free tiles introduction has increased the market potential of ceramic tiles market globally.
Ceramic tiles are generally used in restaurants, suburban, offices, kitchen walls and bathroom walls areas. The primary driver of ceramic tiles market is the construction industry. However, price fluctuation is the major restraint of the ceramic tiles market. The price of ceramic tiles varies in each individual region. Other driver of ceramic tiles market are environmental regulations, advancement of technology,R&D initiatives in developing new products in economic range also influence various regions. Developing countries such as India, Brazil, China and Indonesia are the potential markets of ceramic tiles.
The major players profiled in the report RAK Ceramics, Atlas Concorde, Florida Tile, Crossville Inc, Saloni Ceramica, Kajaria Ceramics, Gruppo Ceramiche Ricchetti, Porcelanosa Grupo, China Ceramics Co., Ltd, Mohawk Industries.
Release ID: 792