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Ceramic tiles are made with finest quality clay, chamotte, silica sand, feldspar and dolomite. These raw materials are prepared by dry grinding, wet milling and molding or forming the tile either by dry pressing or extrusion. Earlier, tiles were majorly used as decorative products; however, with changing consumer preferences, they have evolved manifold. Ceramic tiles are now functionally as well as aesthetically advanced, offering slip-, dirt- and scratch-resistance and anti-bacterial properties for outdoors, particularly in humid regions. Today, a rise in the number of construction activities, especially in the developing countries, such as China and India, has escalated the demand for flooring products owing to their lightweight, low maintenance and cost-effectiveness.Over the past few years, ceramic tiles have become an appropriate alternative for hardwood and other flooring products, like marble, concrete, carpet and rugs, as they are more stylish and are available in various designs, textures, colors, shapes and sizes. Besides this, ceramic tiles have gained immense popularity since they are mostly composed of naturally occurring minerals, which significantly reduces the carbon emissions and other harmful gases during the production process. Nowadays, leading companies are using digital techniques where data and images are printed directly from a computer onto the tile. This new technology enables these firms to produce infinite design variability and high-quality patterns and decorations with fewer materials, and lesser wastage and production time as compared to conventional processes. Owing to these factors, the market is further projected to reach a value of US$ 107.2 Billion by 2024, projecting a CAGR of 7.2% during 2019-2024.Floor tiles exhibit a clear dominance in the marketBased on the type, the market has been segregated into floor tiles, wall tiles and others. Floor tiles are the most popular type, accounting for the majority of the overall market share. These tiles are extensively used in the residential as well as institutional spaces owing to their low installation cost, ease of use and availability of a large variety of shapes and sizes. On the other hand, wall tiles are utilized in both internal and external walls due to their diverse product range, durability, and resistance to chemicals and stains. Residential applications dominate the marketOn the basis of the application, residential applications represent the largest segment. Ceramic tiles are widely installed in the residential sector, which includes apartments, individual houses and high-rise buildings. This is primarily due to their aesthetic appearance and a shift in consumer preference toward simplistic interior and architecture. Apart from this, these tiles are highly preferred in the commercial sector including offices, retail malls, healthcare centers and educational institutions since they are durable and can withstand caustic or acidic chemicals. Moreover, ceramic tiles are useful in replacement applications as they can resist stains, odors and dirt, and can be cleaned up with a damp mop or sponge or common household cleaners.China holds the leading position in the marketChina currently represents the biggest producer, consumer and exporter of these tiles in the global market. This can be attributed to the easy availability of raw materials and low labor costs in the region. The competitive landscape of the market has also been analyzed with some of the key players being Mohawk Industries Inc., Siam Cement, Lamosa, RAK Ceramics and Ceramica Carmelo For.
Global,Ceramic,Tiles,Market,Bo