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(Construction.IndustryNews247.Com, March 07, 2019 ) The ceramic tiles have several performance benefits which attracts the end users especially, the builders and the constructors. However, the disadvantages of the building material possesses major concerns while procurement. The ceramic tiles by properties are very hard, which makes the material unsuitable for some end users. Attributing to the hardness of the material, it is very uncomfortable to stand on or walk, and unlike resilient floors, the ceramic tiles are highly resistant to softening by using padded underlayment. The builders or constructors of commercial infrastructures sometimes limits their procurement of ceramic tiles while constructing the buildings. This fact inhibits the ceramic tiles market to penetrate. Another key concern related to the ceramic tiles among the builders, constructors and house owners accounted for the coldness of the material. Ceramic tiles gets very cold in the winter, which is a major drawback of the building material. Pertaining to this fact, several house owners, builders and constructors operating in the colder regions of the globe, restricts the usage of ceramic tiles on floors. This factor also hinders the procurement of ceramic tiles in those particular regions.
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The List of Companies
1. Mohawk Industries, Inc.
2. China Ceramics Co., Ltd.
3. Florida Tile, Inc.
4. GRUPO LAMOSA, S.A.B. DE C.V.
5. Kajaria Ceramics Limited
6. Porcelanosa Grupo AIE
7. PT. Muliakeramik Indahraya
8. RAK Ceramics
9. The Siam Cement Public Co. Ltd.
10. Gruppo Ceramiche Ricchetti SPA
The global ceramic tiles market is segmented on the basis of type which is fragmented into floor tile, and wall tile. The floor ceramic tile market dominates globally in 2017 and is further anticipated to command a strong position during the forecast period to grow at a healthy CAGR. Further, the global ceramic tile has also been segmented on the basis of application into residential and commercial. In the current scenario, the residential segment holds a command in the global ceramic tiles market.
Ceramic tiles have quickly gained significant popularity and are one of the heavily used type of materials in residential and commercial construction. The market for ceramic tiles is directly proportional to the increasing construction and reconstruction of residential and commercial infrastructure. The ceramic tiles market has gained significant popularity in Asia Pacific region, owing to noteworthy demand among the builders, constructors and the house owners. China is the most dominant country in the region, contributing approximately 70% of the regional production and consumption. Europe on the other hand, is also producing and consuming noticeable amount of ceramic tiles in order to increase the aesthetics of the newly constructed buildings and also the renovated buildings.
The Asia Pacific is one of the prominent region in ceramic tiles market which is contributing highest revenue globally due to increase in the construction and manufacturing industry. China and India are the most populated countries in APAC region and therefore witnesses’ a growth in the construction of residential and other commercial buildings and complexes. In addition to this, growing economies in APAC region is experiencing a number of initiatives undertaken by regulatory bodies to accelerate the construction sector in the countries to propel growth of entire construction industry and eventually ceramic tiles market.
Demographic trends, rising disposable income of individuals, and better standard of living is responsible to boost the construction sector in the Asian countries. China and Japan is expected to hold a high market share followed by Rest of APAC and India. Owing to this, several global manufacturers and providers of ceramic tiles has potential to invest in this region.
Inquiry for Discount at: https://www.theinsightpartners.com/discount/TIPTE100001091/
The Insight Partners
Sameer Joshi
+1-646-491-9876
sam@theinsightpartners.com
Source: EmailWire.Com 
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