Market Research Report
Ceramic Tiles Market Size By Product, By Usage, By End-user, COVID-19 Impact Analysis, Regional Outlook, End-user Potential, Price Trends, Competitive Market Share & Forecast, 2021 - 2027
|Ceramic Tiles Market Size By Product, By Usage, By End-user, COVID-19 Impact Analysis, Regional Outlook, End-user Potential, Price Trends, Competitive Market Share & Forecast, 2021 - 2027|
Published: October 30, 2021
Global Market Insights Inc.
Content info: 110 Pages
Delivery time: 2-3 business days
The ceramic tiles market is estimated to see rapid growth through 2027 owing to prevalent product demand in key regions across the globe.
Ceramic tiles are best known for their durability and have wide-ranging applications. Following the COVID-19 outbreak, researchers focused on identifying effective solutions to eliminate the novel coronavirus from different surfaces at an optimum pace. To that effect, an August 2021 International Journal of Molecular Sciences research paper examined the antiviral activity of AgNPs (silver nanoparticles)-decorated TiO2 (titanium dioxide) based photoactive ceramic tiles against SARS-CoV-2, the COVID-19-causing agent, under dark, UVA, and LED light irradiations.
The study observed faster SARS-CoV-2 inactivation on Ag@TiO2 photoactive ceramic tiles compared to a glass surface. The research concluded that the "self-cleaning" photoactive materials could potentially prevent surface infections. It further emphasized the use of the sustainable technology in heavy contaminated environmental surfaces, wherein it could help reduce viral surface transmission, particularly during a pandemic. Subsequently, mounting prominence of ceramic tiles against COVID-19 has fostered industry outlook during the pandemic.
The ceramic tiles market has been bifurcated on the basis of usage, construction type, end-user, and region. With respect to usage, the market has further been segregated into wall tiles, floor tiles, and other tiles.
The ceramic tiles industry size from the other tiles sub-segment is expected to grow at a robust CAGR through the assessment timeframe to reach a sizable valuation by 2027. There are 3 types of ceramic tiles viz., glazed, unglazed, and porcelain. These are versatile products, offering many styles that are designed for outdoor living areas, which have gained massive popularity recently. Outdoor tiles typically feature non-skid finishes that are developed to enhance the safety of wet floors, which are often installed on walkways, patios, or around pools.
Another important characteristic of ceramic tiles designed for outdoor applications is their resistance to frost. Ceramic tiles manufactured for outdoor use have very low water absorption and minimize the chipping, cracking, and other effects of expansion when the temperature drops below freezing. These attributes of ceramic tiles are slated to propel segmental growth in the coming years.
In the regional landscape, the Middle East & Africa ceramic tiles market held a notable share in the overall industry revenue in 2020 and is projected to expand at a CAGR of about 5.4% over the forecast period. Middle Eastern countries like Saudi Arabia, UAE, and Qatar are investing highly in commercial construction.
These countries are attempting to diversify their income sources other than oil reserves due to which government expenditure on commercial construction has increased at an accelerated CAGR over the past few years. Thus, rising investments by governments, coupled with the significant surge in commercial construction activities across MEA, are likely to bolster regional market growth in the future.