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Global Vitrified Tiles Market
Global vitrified tiles market was valued at US$ 5.60 Bn in 2019 and is expected to reach US$ 8.20 Bn by 2026, at a CAGR of 3.38 % during a forecast period.
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Vitrified tiles are one of the type ceramic tiles with very low porosity. They can be used as an alternative to marble and granite flooring. Vitrified tiles are generally used as outdoor flooring as they are water and frost resistant. They are made by hydraulic pressing of mixtures such as clay, quartz, feldspar, and silica that give a vitreous surface.
The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis.
In currently years, a lot of technological advancements in the production process and product features is expected to increase demand for vitrified tiles. New features evolving include 3D printing, digital printing, anti-microbial glazes, nanotechnology, and water jet technology, are ...
... expected to benefit to the vitrified tiles key players. Vitrified tiles currently formed in the market have the above characteristics that make them stand out over other conventional ceramic tiles, which is expected to boost the market vitrified tiles growth.
Rapid growth in the construction industry is one of the major factors that drive the vitrified tiles market. Increasing demand for residential and non-residential buildings consumes significant impact on the demand for vitrified tiles, as they are preferring in the applications such as flooring and walls of the buildings.
The objective of the report is to present a comprehensive assessment of the global vitrified tiles market and contains considerate insights, facts, historical data, industry-validated market data and projections with appropriate set of traditions and methodology. The report also helps in understanding dynamics, structure by analysing the market segments by material, type, end-user and region and, project the global market size. The report also provides a clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global vitrified tiles market. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address the question of shareholders in arranging the efforts and investment in the near future to a particular market segment.
Glazed body vitrified tile is estimated to witness the high growth during the forecast period. This growth in the market is credited to increasing demand for these tiles in the residential applications. It offers superior feature over other types of ceramic tiles. It provides benefits such as high durability and luxurious appearance, which are expected to increase the demand for this segment.
Residential segment is expected to share major contribution in the global vitrified tile market. Increasing the expansion of smart homes, numerous innovative thermal tiles includes warmth generating, energy saving, and cooling tiles, mainly in residential buildings are expected to boost the growth in the vitrified tiles market.
Consumers progressively prefer large-sized tiles as they are more durable. Similarly, small-sized tiles may consume less aesthetic appeal owing to the high number of joints between them. These joints are not liquid resistant, they necessitate a special covering to avoid water penetration. Vitrified tiles require less jointing, which reduces the probability of water penetration. These are the factors, which are expected to increase of vitrified tiles in residential applications.
Geographically, Asia Pacific is expected to share significant share in the global vitrified tiles market during the forecast period. The growth of this market in Asia Pacific region is attributed to the upsurge in construction activities owing to the increasing demand for new residential buildings in the region and raising awareness about modern lifestyle. Additionally, the governments of developing economies such as India, China, Malaysia, and Indonesia are investing greatly in infrastructure development includes the construction of new airports and railways. The huge investment in the construction and modernization of airports is also expected to increase the demand for vitrified tiles in the Asia Pacific during the forecast period.
Scope of the Global Vitrified Tiles Market: Inquire before buying
Global Vitrified Tiles Market, By Type
Double Charged Vitrified Tiles
Full Body Vitrified Tiles
Soluble Salt Vitrified Tiles
Glazed Body Vitrified Tile
Global Vitrified Tiles Market, By Application
Residential
Commercial
Others
Global Vitrified Tiles Market, By Geography
North America
Europe
Asia Pacific
Middle East & Africa
South America
Key players in Global vitrified tiles market
Ceramica Carmelo Fior
Lamosa
Mohawk Industries
Ras Al Khaimah (RAK) Ceramics
SCG
Casalgrande Padana
CELIMA TREBOL Group
Bell Granito Ceramica
Ceramic Industries
Ceramiche Castelvetro
Cerindustries
Building Materials Group
Ceramiche Coem
Concorde Group
Altaeco
PT Arwana Citramulia
Ascot Group
Asian Granito India
Cooperativa Ceramica d’Imola
Marca Corona
Crossville
Del Conca Group
DYNASTY Ceramic Public Company
Eagle Roofing Products
Emilgroup
Fiandre Group
Iris Ceramica
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