US Cement Tiles Market
ID: MRFR/CO/12206-CR | 100 Pages | Author: Garvit Vyas| December 2023
The U.S. Cement Tiles market is undergoing significant developments, shaped by prevailing trends and emerging opportunities within the construction sector. Cement tiles, composed of sand, cement, pigments, and powder, have become integral in construction, driven by their versatility and durability. The market is experiencing heightened popularity as architects and builders increasingly integrate cement tiles into construction projects, recognizing both their aesthetic appeal and functional benefits. The sector is further buoyed by a substantial influx of foreign direct investment (FDI) in the construction industry, particularly from the Asia-Pacific region. This investment is contributing to the expansion of the cement tiles market, fostering innovation and technological advancements. Despite the positive trajectory, challenges such as fluctuating raw material prices, additional production costs, and a shortage of skilled labor persist. However, the market holds promising opportunities, including technological advancements, sustainability initiatives, and ongoing research and development efforts. Embracing these opportunities can propel the U.S. Cement Tiles market toward sustained growth and competitiveness in the dynamic construction landscape. This research report aims to provide a comprehensive overview of the market, equipping stakeholders with valuable insights to navigate and capitalize on these industry dynamics.
| Report Attribute/Metric | Details |
| Market Size | USD 6,745.50 million |
| CAGR | 5.20% |
| Base Year | 2021 |
| Forecast Period | 2022 to 2030 |
| Historical Data | 2019 & 2020 |
| Forecast Units | Value (USD Million) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Type and Application |
| Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
| Key Vendors | Roca Sanitario, S.A. (Spain), RAK Ceramics (UAE), Panaria Ceramica (Italy), Rustico Tile and Stone (U.S.), Otto Tile (U.S.), Crafted Tiles (Spain), Pinar Miro (Spain), Cement Tiles (the Netherlands), and Boral Limited (Australia) |
| Key Market Opportunities | Increased private and residential construction due to increased disposable income |
| Key Market Drivers | The positive trends in housing |
Frequently Asked Questions (FAQ):
The US Cement Tiles Market is expected to be valued at 3.8 billion USD in 2024.
By 2035, the US Cement Tiles Market is projected to reach a valuation of 9.0 billion USD.
The expected CAGR for the US Cement Tiles Market from 2025 to 2035 is 8.154 percent.
In 2024, the S Tile segment is expected to lead the market with a value of 1.5 billion USD.
The corrugated tiles segment is expected to be valued at 2.8 billion USD by 2035.
Major players in the US Cement Tiles Market include Duraamen Engineered Products, LATICRETE, and Daltile among others.
The flat tile segment is expected to be valued at 1.1 billion USD in 2024.
While specific regional growth data is not detailed, overall growth is expected across all major regions due to increasing demand.
Key growth drivers include the rising popularity of sustainable building materials and decorative flooring solutions.
Challenges may include fluctuations in raw material prices and competition from alternative flooring products.
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