The global cement tiles market is a very dynamic market and is expected to witness high growth over the forecast period. The growth of cement tiles market is influenced by factors such as durability and ease of maintenance. Some of the key factors that are currently driving the global cement tiles market includes rising disposable incomes, increasing urbanization and industrialization rates, growth in the real estate sector, technological advancements and increasing personalization/customization trends. Cement tiles are often produced by local manufacturers and use recycled materials, such as crushed glass, recycled aggregates, and silica fume. Manufacturers jump at the change to create custom floor designs based on precise colors selected by homeowners. Cement tiles are quite heavy so they may not always be appropriate for upper story installations, which acts as a major restraint for the growth of the market
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Market Research Analysis:
The development of new and diversified technologies is creating exciting opportunities within the construction industry. Eminent factors such as recent rise in urbanization and focus on infrastructure development will bolster cement sales, which in turn will the impel market growth during the forecast period. Moreover, the growing demand for tiles that are easy to maintain, improved aesthetics, durable, and moisture and fire resistant, is also a growth driver of the cement tile market. Concrete tile flooring needs to be sealed with quality floor sealer after being installed, and is manufactured to mimic the appearance of clay, slate, wood or stone. Concrete tiles are available in three basic profiles, S-tiles, corrugated tile and flat tiles, which are often designed to look like wood shakes or slates. Tiles help achieve the authentic, old-world aesthetics with the benefits of durability, and improved materials. It captures all the characteristics of natural slate, clay, wood and provides unmatched beauty and a home with incredible curb appeal. Geographically, Asia Pacific accounted for the majority market share and will continue to dominate the market in the forecast period. The cement industry is experiencing a boom on account of overall growth in the economy. The demand for cement depends on the industrial activities, real estate business, construction activities and investment in the infrastructure sector. A few new trends are China leading the market and India standing second in the cement producing country in the world. Market Research Future analysis shows that the global market of cement tile market is estimated to grow at CAGR of 4.12% by the end of year 2023.
Scope of the report
This study provides an overview of the global cement tiles market, tracking one market segment across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study include segments the global cement tiles market, by products and region
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.), and Uni-Group (U.S.).